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Delta Air Lines and Northwest Airlines Corp. shareholders gave the go-ahead Thursday to a combination that would create the world's biggest carrier, deciding that in their volatile industry, their chances are better together than on their own. ...more
September 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
CSX Corp. says preliminary results of the railroad's contentious board vote show that four of five directors nominated by activist hedge fund shareholders TCI and 3G Capital have been elected to its board. ...more
July 17, 2008
Delta and Northwest pilot negotiators say they have a tentative agreement with Delta management on a joint contract to cover both pilot groups when the companies combine this year. ...more
June 25, 2008
United Airlines scrapped its latest attempt to combine with US Airways and create the world's largest carrier, formally backing away Friday from a deal that likely would have meant fewer routes and higher ticket prices for consumers. ...more
May 31, 2008
Higher fares and new fees are irritating air travelers, but airlines still can't raise money or cut flights fast enough to cover ever-higher fuel prices. ...more
May 23, 2008
British Airways PLC shares jumped more than 7 percent Thursday amid speculation about what kind of deal it might ink with American Airlines and Continental Airlines and the possibility of wider consolidation among European major carriers. ...more
May 2, 2008
United Airlines and US Airways Group Inc. saw their first attempt at marriage foiled earlier this decade by the deal's high cost and stiff opposition from lawmakers, unions and consumers. ...more
May 2, 2008
Northwest Airlines Corp. pilots have integration issues to sort out. Not just the ones with their counterparts at Delta Air Lines that threaten to scuttle talks to combine the two carriers. The ones with Republic Airlines. From 1986. ...more
February 21, 2008
The boards of directors of Delta Air Lines Inc. and Northwest Airlines Corp. were expected to vote today on a combination provided their pilot unions can reach their own integration deal by then, people briefed on the discussions said Tuesday. ...more
February 20, 2008
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