Sponsored by American Airlines

American Airlines parent AMR Corp on Wednesday posted a smaller-than-expected quarterly loss as capacity cuts and new revenue streams helped offset weak travel demand.

American Airlines parent AMR Corp on Wednesday posted a smaller-than-expected quarterly loss as capacity cuts and new revenue streams helped offset weak travel demand.

AMR Corp , parent of American Airlines, said its quarterly loss shrank from a year ago, when the company took a $1.1 billion charge, but it remains troubled by economic weakness.

Hainan Jiaxin Investment Management Co (Jiaxin), Hainan Airlines' fourth largest shareholder, has cut its stake in the carrier by 2.25% to 1.61%, which is a signal of the Grand China Air's listing, local newspaper reported on Monday citing an insider with Hainan Airlines.

A one way flight on Southwest Airlines Co. will cost as little as $30 according to the new one sale prices the airline launched in a bid to boost ticket sales.

Less profitable skies as airlines report dropping June traffic, Judge approves sale to New GM, Rio Tinto sells food packaging division for $1.2 billion

U.S. airlines raised fares for a second time in two weeks, a strong signal that the industry is nearing a bottom on ticket prices, according to FareCompare.com, a site that compares prices for flights.

General Electric announced more than $8 billion in orders at this week’s Paris Air Show with a large engine and maintenance contract with Etihad and another engine deal with Mubadala Development Co.

Plans by major U.S. airlines to slash the number of seats they sell may bolster fares this fall, further stabilizing prices that tumbled this year as economic weakness drained travel demand.

Two major U.S. airlines, Delta Air Lines Inc and American Airlines , will slash capacity this year as the recession erodes travel demand, the carriers said on Thursday.

(Corrects figure in third to last paragraph to 29,000 from 20,000)

GE Aviation, a unit of General Electric Co and the world's largest maker of jet engines, expects orders this year to halve as airlines slow plane buying amid a slump in travel demand.

Global airlines called for concerted action to prevent another runaway surge in oil prices as the International Air Transport Association nearly doubled its forecast for industry losses to $9 billion in 2009.

United Airlines on Thursday said it has asked the two largest planemakers to bid on an order that could replace its widebody fleet, a move experts say could jump-start demand for new planes from embattled U.S. carriers as they wade through an economic recession.

The prospect of a bumper plane order battle brightened a depressed outlook for plane manufacturers on Thursday as United Airlines was reported to be seeking 150 jets despite fresh warnings of industry losses.

Privately-owned airline Virgin Atlantic said yearly profits nearly doubled, but warned the weak economic environment would make it almost impossible for airlines to make a profit in the current year.

Privately-owned airline Virgin Atlantic said profits nearly doubled during the year to end February, despite the high fuel prices and economic slowdown that has devastated the industry.

Airline summer travel rates will fall 7 percent as Southwest Airline cuts summer air fares as low as $49, $69 respectively, and other airlines follow suit.

A proposed alliance between AMR Corp's American Airlines and British Airways would create a monster monopoly, British entrepreneur Richard Branson said on Thursday.

U.S. airlines saw a steep decline in the number of passengers they carried in April, but planes were more full, a sign that steep capacity cuts may be serving their intended purpose.

U.S. Airways, Continental Airlines and United Airlines parent UAL Corp temporarily cut service to Mexico on Friday, citing lower demand for flights to the country hardhit by a flu outbreak.

United Airlines parent UAL Corp said on Friday it would temporarily cut service to Mexico, becoming the second major U.S. airline to curb service to the country hit hard by a flu outbreak.

Continental Airlines Inc said on Friday it had temporarily reduced service to Mexico, citing lower demand as a deadly strain of flu spreads.

U.S. airline shares rallied on Wednesday, partially erasing two days of steep losses, as markets decided that the swine flu outbreak might not significantly crimp travel demand.

Global airlines were warned on Tuesday of significant falls in traffic due to the outbreak of swine flu, and their shares took another hit on fears that the fallout could be at least as bad as that of the 2003 SARS crisis.

Airline stocks were down Monday as the Dow Jones Industrial Average declined 130 points to 8,001 after the Air Transport Association posted its March passenger revenue fell 23 percent in the United States.

Who gets an upgrade and who gets bumped? What if your name is on a watch list? How can you avoid baggage fees? Why do airfares change several times in one day? Where to find the blacklist of airlines banned for safety reasons?

Southwest Airlines reported a larger-than-expected quarterly loss on Thursday as demand weakened in the recession and said it would offer voluntary employee buyouts in a bid to reduce costs, sending its shares down more than 11 percent.

AMR Corp , parent of American Airlines, on Wednesday reported a quarterly net loss on weaker travel demand, although -- excluding items -- the company beat expectations and its stock vaulted higher.