Congress Wednesday examined a proposed $3.1 billion merger that would create the world's largest carrier as critics of the deal warned it could drive up the price of air travel.
The three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs.
Two of the three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs
Delta Air Lines Inc. announced a 3% pay raise for its non-union employees, effective July 1.
Delta pilots are voting on changes to their contract that would give them pay raises, an equity stake and other benefits, but would give management more leeway as part of a proposed combination with Northwest Airlines.
Just as the Boeing 737 started its initial approach into Washington's Reagan National Airport, Gerard Arpey asked for my pen and pad. Arpey, the polished chief executive of American Airlines, was on his way from Dallas to brief FAA administrators about the maintenance issues that had recently grounded nearly half his fleet. But as the seatbelt sign went on, his mind turned to the industry's recent merger mania.
As Delta Air Lines Inc. and Northwest Airlines Corp. try to woo regulators and shareholders to support their proposed combination, they are courting employees, too, with new travel privileges.
First-class airline passengers can say goodbye to mystery meat.
Travelers aren't just feeling the pinch at the gas pump, but also in the air as carriers continue to hike fares to deal with high jet fuel prices.
The CEOs of Delta Air Lines and Northwest Airlines defended their proposed $3.1 billion merger before House and Senate committees Thursday, addressing lawmakers' concerns that the deal would stifle competition in the airline industry or result in massive job losses.
Congress Wednesday examined a proposed $3.1 billion merger that would create the world's largest carrier as critics of the deal warned it could drive up the price of air travel.
The three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs.
Two of the three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs
Delta Air Lines Inc. announced a 3% pay raise for its non-union employees, effective July 1.
Delta pilots are voting on changes to their contract that would give them pay raises, an equity stake and other benefits, but would give management more leeway as part of a proposed combination with Northwest Airlines.
Just as the Boeing 737 started its initial approach into Washington's Reagan National Airport, Gerard Arpey asked for my pen and pad. Arpey, the polished chief executive of American Airlines, was on his way from Dallas to brief FAA administrators about the maintenance issues that had recently grounded nearly half his fleet. But as the seatbelt sign went on, his mind turned to the industry's recent merger mania.
As Delta Air Lines Inc. and Northwest Airlines Corp. try to woo regulators and shareholders to support their proposed combination, they are courting employees, too, with new travel privileges.
First-class airline passengers can say goodbye to mystery meat.
Travelers aren't just feeling the pinch at the gas pump, but also in the air as carriers continue to hike fares to deal with high jet fuel prices.
The CEOs of Delta Air Lines and Northwest Airlines defended their proposed $3.1 billion merger before House and Senate committees Thursday, addressing lawmakers' concerns that the deal would stifle competition in the airline industry or result in massive job losses.
Delta Airlines and Northwest reminded investors Wednesday that hard-hit financial companies haven't cornered the market for massive writedowns.
Delta Air Lines Inc., the nation's third-largest carrier, said Wednesday its loss widened in the first quarter to a whopping $6.39 billion because of soaring fuel prices and the steep decline in the company's market value.
Northwest Airlines said its loss deepened to $4.14 billion in the first quarter, mostly because of a big charge.
Stocks were poised for a mixed open Wednesday as investors weighed a flurry of corporate earnings news including bigger-than-expected losses from both Delta Air Lines and the bond insurer Ambac.
Delta Air Lines, the nation's third-largest carrier, says its loss widened in the first quarter to a whopping $6.39 billion due to soaring fuel prices and the steep decline in the company's market value
Delta Air Lines and Northwest Airlines have finally agreed to a merger. But it could be a bumpy ride before a deal is officially completed.
With his slicked back hair and rimless glasses, Delta CEO Richard Anderson looked like an older Clark Kent when he strode to the podium at the Barclay Hotel in New York Tuesday morning. And perhaps underneath that dark suit was, in fact, a superman costume. That's because in less than a year at the helm of Delta, he pulled off what was thought to be an impossible task - a $17.7 billion merger with Northwest to create the world's largest airline.
Delta Air Lines announced a long-speculated deal to acquire Northwest Airlines for about $3.1 billion Monday, a combination that will create the world's largest airline and could lead to a series of other deals to reshape the U.S. airline industry.
Travelers can expect fewer deals and higher fares on some routes if Delta Air Lines and Northwest Airlines complete the merger announced Monday, because it could trigger a wave of consolidation within the airline industry.
Investors panned Delta's long-in-the-works deal with Northwest, sending shares of both companies down sharply on Tuesday on disappointment that the deal may not yield as much in cost savings or higher revenue as Wall Street expected
When Allison Fagerness' flight to Rome is canceled, she's forced to call off her vacation and return home. Her online travel agent, Expedia, promises a refund, but her airline, Alitalia, won't pay. What should she do?
Delta Air Lines and Northwest Airlines are close to announcing a merger agreement, according to reports in the Wall Street Journal and Financial Times Sunday.
American Airlines canceled a handful of flights on Friday as it finished up its inspections of wiring bundles on some of its planes, while Delta Air Lines resumed normal service after completing its inspections.
Delta Air Lines and American Airlines announced Thursday the cancellations of hundreds of flights so the companies can conduct inspections on bundles of wires in some of their jets.
American Airlines and Delta Air Lines canceled dozens of flights Thursday as they continue their inspections of wiring bundles on some of their planes.
The boards of directors of Delta Air Lines Inc. and Northwest Airlines Corp. were expected to vote on a combination provided their pilot unions can reach their own deal
It may be time to wave goodbye to some of those discount fares. If Delta Air Lines and Northwest Airlines complete a merger to form the largest U.S. airline, travelers can expect fewer deals and higher fares on some remote routes.
Leaders of the union representing pilots at Northwest Airlines Corp. and Delta Air Lines Inc. have reached an agreement on uniting membership under a merged carrier, the Detroit News reported Tuesday.
Half of Julie Liening's airline seat is missing. An extra-large passenger is sitting in it, forcing her to lean into the aisle or sit on the passenger's lap. Not a comfortable way to fly, nor, for that matter a safe way to fly. But when she asks her airline for compensation, she's turned down. What's next?
Denise Reed calls Delta Airlines to get a price quote on a flight between Fort Lauderdale, Florida, and Memphis, Tennessee. Or so she thinks. A few days later, she gets a bill. Now Delta won't return her money, saying its tickets are nonrefundable. Is Reed out of luck?
Delta Air Lines said Wednesday it is open to a combination with another airline and was looking at deals even before one of its major shareholders wrote to push it to make a bid for United Airlines.
The travel industry is sinking billions of dollars into technology like online booking tools, check-in kiosks and phone systems that recognize your voice, promising it will make you next trip easier than ever.
Delta Air Lines Inc., which exited bankruptcy April 30, Monday said it began distributing about 21 million shares to previous debt holders, as it works through a pile of disputed claims.
U.S. stocks retreated at Wednesday's open after some earnings disappointments, particularly in the tech sector, and a weak housing report.
Northwest Airlines is seeing about one out of eight flights cancelled due to lack of flight crews in recent days, as the pilots union steps up attacks on management that could signal problems ahead for the airline and its customers.
Delta Air Lines emerged from bankruptcy early Monday as a leaner but still independent carrier after a 19-month reorganization that saw it fight off a $10 billion hostile takeover.
After a series of deep pay and benefit cuts since 2004, Delta Air Line employees are about to get improved pay and cash bonuses.
The battle for control of Delta Air Lines--on Nov. 15, US Airways made an unsolicited $8 billion bid to acquire its rival before it emerges from bankruptcy and to potentially create the world's lar...
A body was found in an airplane wheel well after a Delta Air Lines flight from Africa landed in Atlanta on Friday morning, airline spokeswoman Betsy Talton said.
Here are some of the companies whose shares were active in late trading on Tuesday:
Some of the stocks that were trading actively late in the session on Friday include:
Delta Air Lines ranks no. 414 on FORTUNE's Global 500 this year, with $16.2 billion in revenues, up 7.9% from the previous year. The Atlanta, Georgia-based company was ranked no. 408 on the 2005 list. Its 2005 profits were $-3.8 billion.
Leaders of the union representing Delta Air Lines' pilots have overwhelmingly endorsed a tentative concessions deal aimed at getting the carrier out of bankruptcy, the Wall Street Journal reported late Friday.
Delta Air Lines and its pilots union said Friday they reached a tentative agreement over a contract dispute.
A bankruptcy court Wednesday allowed Delta Air Lines Inc. to implement a severance plan for its senior managers, overruling objections by the troubled airline's pilots.
Stocks could get a lift Monday from some good corporate news, including labor agreements and merger talk.
Leaders of the pilots union for Delta Air Lines have agreed to a 15 percent pay cut, the company announced Sunday, temporarily averting a threatened strike that analysts warned might kill the bankrupt carrier.
High jet fuel prices got most of the blame when two major airlines filed for bankruptcy, but years of management mistakes were equally culpable, industry experts said Thursday.
The airline industry's five-year financial crisis came to a head Wednesday evening as Delta Air Lines and Northwest Airlines, two of the nation's largest carriers, both filed for bankruptcy.
Delta Air Lines filed for bankruptcy, making it one of two major carriers to seek protection from creditors Wednesday.
NEW YORK (Reuters) - Hurricane Katrina could hasten Delta Air Lines Inc.'s already likely bankruptcy and add to problems facing the rest of the hard-pressed U.S. airline industry, Standard & Poor's said Wednesday.
America's third-largest carrier, Delta Air Lines, says it is not ruling out bankruptcy protection in the face of a steadily worsening financial situation.
Flight departure delays are at their worst level since 2000, according to a published report.
As any pop song or cheesy reality TV show will tell you, some winners fade fast and some losers find redemption -- eventually.
Struggling to shore up its finances and cut costs, Delta Air Lines announced plans to raise as much as $500 million through a securities offering, while detailing plans to cut maintenance costs.
Computer problems, labor issues and bad weather stranded holiday travelers over the weekend, with US Airways and Delta Air Lines' Comair unit left to pick up the pieces Monday.
Delta Air Lines said Wednesday it will cut 6,000 to 7,000 jobs over the next 18 months as part of a "transformation plan" to keep the struggling carrier from declaring bankruptcy.
Like a drawn out New Year's Day hangover, the first quarter hit the stock market hard.
Stocks made small gains early Tuesday as investors paused to assess Monday's mini-rally and get set for a rush of corporate earnings reports due later this week.
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