Delta Air Lines Inc. executives said they are optimistic about inclusion in the Standard & Poor’s 500 Index, the benchmark gauge for U.S. equities, as they improve the carrier’s credit profile so it approaches investment grade.
Deutsche Lufthansa AG and United Continental Holdings Inc. reached a settlement with European Union regulators, ceding sufficient slots for a single daily flight between Frankfurt and New York in exchange for approval of their A++ trans-Atlantic venture also involving Air Canada.
Airlines are stepping up competition for full-fare passengers between New York and Los Angeles, with lie-flat seats, pricey French wines and personal valets to whisk travelers from curb to gate without wasting time in lines.
GS Yuasa Corp., the maker of lithium- ion batteries for Boeing Co.’s 787 Dreamliner, rose by the most in more than four years after United Airlines, the only U.S. operator of the plane, resumed flights yesterday.
World Trade Center Properties LLC lost its bid to prevent American Airlines and its parent AMR Corp. from raising “act of war” as a defense to its alleged negligence in the Sept. 11, 2001, terrorist attacks.
Boeing Co.’s 787 Dreamliner cleared another hurdle in restoring its image as United Airlines, the only U.S. operator, resumed flights today after the jet’s lithium-ion battery flaws forced a three-month grounding.
The Federal Communications Commission took a step toward improving Web access for air travelers, voting to write rules to open frequencies for an air-to-ground Internet service proposed by Qualcomm Inc.