United Continental Holdings Inc. is interested in Boeing Co.’s new 777 planes to bolster long-range flying as it braces for increased competition from Middle Eastern carriers such as Emirates, said Chief Financial Officer John Rainey.
JetBlue Airways Corp. delayed delivery of some Embraer SA jets, the smallest in its fleet, and ordered 35 Airbus SAS aircraft valued at $4 billion as the carrier focuses on larger, more-efficient planes.
The global trade rebound is pushing shipping lines to rely more on leasing companies such as CAI International Inc. and TAL International Group Inc. for the containers used to transport everything from bananas to blouses.
Southwest Airlines Co. flies more passengers in the U.S. than any other carrier and serves 29 of the 30 largest metropolitan areas. To federal regulators, that’s not enough to be considered an influential industry competitor.
US Airways Group Inc. rose to the highest close since federal antitrust regulators sued to block the planned merger with AMR Corp.’s American Airlines, a sign of investor optimism that the deal will occur.
Delta Air Lines Inc. may revive its bid to bulk up at New York’s LaGuardia airport after Southwest Airlines Co. , the largest discount carrier, won the right to add service at nearby Newark, New Jersey, three analysts said.
Pinnacle Airlines Corp. jumped as much as 24 percent after the regional carrier reached a two- month agreement with partner United Continental Holdings Inc. that includes higher rates and certain aircraft expenses.