Passengers booking flights to and from Dallas, Washington and Charlotte, North Carolina, face higher fares and fewer flights under the proposed American Airlines-US Airways Group Inc. merger.
Airline industry officials said an increase in passenger-ticket taxes being considered by President Barack Obama would reduce travel demand and add to what the industry’s chief lobbyist called two decades of burdensome levies on carriers.
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.
Continental Airlines Inc. ’s merger plans are giving Cleveland something to fret about besides the possible departure of LeBron James , basketball star for the hometown Cavaliers.
Airlines may be headed for more than $600 million in weather-related losses as U.S. winter storms trigger the most flight cancellations since the government began tracking the data in 1987.
Southwest Airlines Co.’s planned purchase of AirTran Holdings Inc. may lead to higher ticket prices as a low-fare competitor is eliminated and the merged carrier works to make up for higher costs.
U.S. airlines canceled 3.7 percent of their flights in December, the second-worst total for the month on record, as winter storms shut all three major New York airports for parts of two days.
The 466 passengers and crew aboard a Qantas Airways Ltd. Airbus A380 survived a mid-flight engine blowout that aviation specialists said is both extremely rare and potentially fatal.
"This last merger in an unprecedented consolidation phase may be one merger too many."
- Vaughn Cordle on Aug 13, 2013
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