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Delta Air Lines Inc., the world's biggest airline, expects to increase its cash balance in 2010 despite more than $1.1 billion in pension expenses and funding requirements planned for next year.
The world's airlines face another tough year in 2010 with rising fuel costs and declining average ticket prices, with no wider recovery in sight, the International Air Transport Association said Tuesday.
Shares of major airlines were mixed Monday as oil prices continued to fall while the broader stock market edged up.
For Detroit Metro Airport, 2010 is shaping up to be a green year. If everything pans out, the airport could wind up slicing $900,000 a year from its operations, savings that could result in lower costs for airlines that operate at Metro.
ABERDEEN (AP) — Community leaders in Aberdeen are starting a letter- and e-mail-writing campaign urging Delta Air Lines to restore a third flight.
Washington -- The U.S. Supreme Court on Monday rejected an appeal of Chrysler's bankruptcy and the sale of its best assets. It was the second time the court declined to interfere with the emergence of Chrysler Group LLC as a new automaker, and its tie-up with Fiat SpA . The court rejected the appeal as "moot" because the sale has gone forward. A group of Indiana pension funds challenged the sale ...
The airline that wins the hand of Japan Air Lines will have the chance to join forces to compete like never before thanks to a new air service agreement between the U.S. and Japan .
Shares of major airlines were mixed Monday as oil prices continued to fall while the broader stock market edged up. Benchmark crude for January delivery fell 36 cents to settle at $69.51 on the New York Mercantile Exchange after falling as low as $68.59.
Delta hopes to lure JAL from American's Oneworld alliance.
Orlando Magic's blue and white take flight as AirTran adds to its stable of planes with team themes AirTran Airways is hoping its newest airplane paint job is a slam dunk with travelers.
Passenger traffic up at Daytona airport
