Michael Linenberg News
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Latam Airlines Group SA, Latin America’s biggest carrier, rose the most in eight months after Deutsche Bank AG recommended buying the stock and said costs will decline as the company pares an expansion drive.
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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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Delta Air Lines Inc. and US Airways Group Inc. beat analysts’ second-quarter profit estimates as fare increases helped the carriers reap more revenue from each passenger.
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Republic Airways Holdings Inc. is counting on pilots approving concessions to kick-start a $120 million restructuring plan at its Frontier Airlines unit, 20 months after buying the carrier out of bankruptcy.
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United Continental Holdings Inc. and Delta Air Lines Inc. may detail at a conference tomorrow how Japan’s earthquake and radiation leaks have affected demand and plans for future flight capacity.
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United Airlines, Continental Airlines and Southwest Airlines Co. posted third-quarter profits from rising fares to help push earnings at the largest U.S. carriers to their highest in three years.
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Delta Air Lines Inc. , American Airlines parent AMR Corp. and US Airways Group Inc. posted profits that beat analysts’ estimates, buoyed by rising fares in what may be the industry’s best quarter since 2007.
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Sagging cargo shipments in the belly of passenger jets at carriers such as United Continental Holdings Inc. and Delta Air Lines Inc. are stoking concern that the U.S. economy risks a double-dip recession.
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U.S. airlines may have to cut back on flying as the slowing economy erodes their ability to boost fares while they struggle with higher costs for jet fuel.
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Delta Air Lines Inc. said flight cancellations from Hurricane Irene reduced August net profit by $15 million, joining US Airways Group Inc. in kicking off the airline industry’s tally of costs from the storm.
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