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ATLANTA (AP) - Minneapolis business manager Roque Rossetti plans to make his annual trip home to Sao Paulo, Brazil, for Christmas. The 35-year-old said the sagging economy gave him no second thoughts about shelling out $1,200 for the ticket. ...more
October 26, 2008
Several major airlines said Thursday they are aggressively shoring up their cash positions amid their slow travel season. Falling oil prices will help in the long run, though bad fuel hedge bets could damper the enthusiasm in the near term, executives said. ...more
September 19, 2008
The red ink is mounting for airlines amid soaring fuel costs, leaving them little choice but to further increase ticket prices. As Delta Air Lines and American Airlines reported big second-quarter losses last week, they signaled customers should expect more hits to their checkbooks. ...more
July 22, 2008
Delta Air Lines, poised to become the world's largest carrier by acquiring Northwest Airlines, plans to drop more flights to blunt soaring fuel bills. ...more
June 4, 2008
Airline consolidation may not be the panacea for the industry amid persistently high fuel prices, but observers say it would help by removing domestic capacity from the system. ...more
January 24, 2008
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