U.S. Airlines Got Added Lift in August
American Airlines and Delta Air Lines both reported traffic increases for August, while Continental Airlines will recall 132 furloughed pilots, further indicating that air travel is on the rebound.
American Airlines and Delta Air Lines both reported traffic increases for August, while Continental Airlines will recall 132 furloughed pilots, further indicating that air travel is on the rebound.
The Justice Department said it has no further antitrust concerns about a merger between United Airlines and Continental Airlines, clearing a major hurdle for the union.
It's every business traveler's dream never to fly coach again. Nicholas Kralev's On the Fly seminar promises to make that dream a reality. In four short hours, he says he'll teach attendees how to maximize the power of their frequent flyer miles to fly in luxury on a coach-class budget.
UAL Corp., the parent of United Airlines, reported sharply higher earnings in the second quarter of $273 million, or $1.29 a share. Quarterly revenue rose 28.4% to $5.16 billion from $4 billion.
While the world's airlines now expect a $2.5 billion profit in 2010, reversing earlier forecasts for yet another losing year, investors should take the news with a grain of salt.
Competition is supposed to create superior value and better service for customers, but the airline industry is so unprofitable that competitors try to outdo each other in giving passengers less while charging more. And the major carriers' strategy of mergers is only creating bigger, less service-oriented airlines.
The megamerger raises many serious questions, not the least of which is how air passengers will fare. The answer is simple: For the average flier, the combination will create nothing but more pain in terms of both costs and inconvenience.
Worried that the megamerger will mean higher airfares? That's not part of the plan, says Continental CEO Jeff Smisek. The post-merger airline is expected to add $1 billion or so to the bottom line over three years, but mostly because of cost-cutting.
Mergers, near-mergers, paralyzing winter storms, volcanic ash and new rules about the treatment of passengers could all add up to a difficult second quarter for the U.S. aviation industry. With Continental and United Airlines next to merge, insiders wonder what's next.
Since merger talks between United Airlines and US Airways have stopped, will United turn to Continental instead?
Airline stocks are taking flight based on the merger talks between United Airlines and US Airways. Many experts say fewer airlines would be better for the industry's long-term future and could lead to lower overall operating costs and -- eventually -- higher profits.
US Airways and United Airlines are discussing a possible merger, according to The New York Times's DealBook. Investors are flying high, driving up both airlines' shares. But will complicated pilot contracts keep the combination grounded -- again?
Continental is joining most other airlines in eliminating its free meals on shorter flights. Now, along with your turkey sandwich, you could be paying extra for baggage, early boarding, more legroom, and even a pillow and blanket.
United Airlines parent UAL Corp. and AirTran Airways will release their fourth-quarter earnings Wednesday, and both are expected to post improved results, helped by lower jet fuel costs and slower declines in demand.





















