WASHINGTON - A bullish Delta Air Lines management team expects to post a record profit this year and an even better unit revenue performance next year, after generating a $1.4 billion net profit in a seasonally strong third quarter. (Photo: Delta)
WASHINGTON - Texas Attorney General Gregg Abbott today dropped his opposition to AMR Corp.’s merger with US Airways, just hours after a federal judge dismissed an attempt by the U.S. Justice Department to give it more time to prepare its case against the two carriers. (Photo: AMR Corp.)
William Franke’s Indigo Partners investment group, which turned Spirit Airlines into a profitable ultra-low-cost carrier, intends to repeat the effort with Frontier Airlines after buying the troubled operator from Republic Airways.
The boards of directors at AMR Corp. and US Airways Group have, as expected, approved an extension to their proposed merger agreement, a decision that allows the two companies to pursue legal action against the U.S. Justice Department without fear of breaching a contractual deadline to finalize the deal. (Photo: AMR Corp.)
Ryanair will expand its operation at London Stansted Airport by about 50% in the next 10 years after the airport’s owner guaranteed an unspecified “package of lower costs and more efficient facilities.”
Russian carrier Transaero Airlines and Virgin America have started interlining on services through Los Angeles International Airport, John F. Kennedy International Airport in New York and Moscow’s Domodedovo International Airport.
The deal is Virgin America’s 27th interline agreement.
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