David Swierenga News
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American Airlines risks having to tap its $5 billion bankruptcy cash fund and probably will lose some passengers after on-time arrivals tumbled, cancellations surged and incorrectly installed seat clamps were found on six planes.
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One of Peter Philipp Wingsoe’s employees at a Los Angeles marketing firm recently waited five days for a business-class ticket on a United Airlines jet home from Beijing because planes were so packed.
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Delta Air Lines Inc. and American Airlines parent AMR Corp. may help U.S. carriers report their biggest profit in three years this week, buoyed by higher fares and fuller planes.
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Anger mounted among passengers stranded on airport tarmacs and in terminals as flight delays threatened to stretch into the weekend following the worst December snowstorm to hit New York City in six decades.
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Southwest Airlines Co. Chief Executive Officer Gary Kelly , taking on his biggest acquisition ever, is dismantling the carrier’s keep-it-simple strategy in a bid to reignite growth.
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United Airlines parent UAL Corp. and US Airways Group Inc., which ended merger talks last week, posted first-quarter losses narrower than analysts estimated as more people flew on international routes and paid higher fares.
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Continental Airlines Inc., the focus of merger talks with UAL Corp.’s United Airlines, reported a wider first-quarter loss than analysts projected as low-fare carrier Southwest Airlines Co. posted a profit.
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The U.S. aviation system’s struggles to recover from snowstorms that closed New York’s airports this week reflect the unintended consequences of airlines’ efforts to squeeze out costs.
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The U.S. aviation system’s struggles to recover from snowstorms that closed New York’s airports this week reflect the unintended consequences of airlines’ efforts to squeeze out costs.
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American Airlines parent AMR Corp. gained 21 percent, rebounding after bankruptcy concerns triggered its worst decline since 2003, and the carrier resumed contract negotiations with pilots.
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