United Continental Holdings Inc., the world’s largest carrier, stands to benefit after its Japanese partner, ANA Holdings Inc., received 11 additional takeoff and landing rights at Tokyo’s Haneda airport.
About 1,000 white-collar employees with jobs on the block at US Airways Group Inc. and American Airlines got a temporary reprieve when the U.S. government sued to block the carriers’ planned $14 billion merger.
Even by the abrasive nature of Australian political sparring, the war of words between Prime Minister Kevin Rudd and Rupert Murdoch, who controls more than two-thirds of the nation’s urban newspaper market, is shaping up to be the most acrimonious in its election history.
Lan Airlines SA regained its status as the best airline stock when adjusting for volatility, a distinction it lost after agreeing to buy Tam SA almost two years ago, on prospects that a foothold in Brazil will fuel earnings growth.
As U.S. regulators spent the better part of six months preparing to sue to stop the American Airlines-US Airways Group Inc. merger, the carriers devised a plan to allay some antitrust concerns: an offer to cede flight slots at Washington’s Reagan National Airport.
As Boeing Co. prepares to fly the first of its bigger 787 Dreamliners, Chief Executive Officer Jim McNerney is plotting production of the marquee jet at a faster pace as he gains confidence it has overcome a troubled past.