Delta Air Lines Inc., Continental Airlines Inc., United Airlines and US Airways Group Inc. have each cut flights to Mexico following a reduction in demand due to the swine flu outbreak.
Major U.S. airlines including Delta Air Lines, U.S. Airways, Continental Airlines and UAL Corp's United Airlines said they were cutting services to Mexico on Friday, citing lower demand for flights to the country hard hit by a flu outbreak.
(Corrects number of countries with confirmed flu cases to 15)
Major U.S. airlines including Delta Air Lines, U.S. Airways, Continental Airlines and UAL Corp's United Airlines said they were cutting services to Mexico on Friday, citing lower demand for flights to the country hard hit by a flu outbreak.
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.
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.
Delta Air Lines Inc and United Airlines said Tuesday its first-quarter loss beat analysts’ estimates in spite of fuel prices and slowing travel demand, sending shares up in morning trading.
UAL Corp, parent of United Airlines, posted a narrowed quarterly net loss on Tuesday, but its revenue was hit hard by economic recession that drained travel demand.
Boeing Co said on Thursday that it would cut airplane production in 2010, citing weak business conditions for commercial customers such as airlines and cargo operators, sending its shares down 3 percent in extended trading.
Continental Airlines Inc won the U.S. government's nod on Tuesday for its plans to join the Star Alliance, which allows airlines to cooperate in marketing their routes and pricing to the public.
AMR Corp's American Airlines is in early talks to raise cash from its credit card partner, Citigroup , by selling it frequent flyer miles, the Financial Times reported citing people familiar with the matter.
World airlines are set to lose $4.7 billion this year as a result of the global recession that has shrunk passenger and cargo demand, industry body IATA said.
World airlines are set to lose $4.7 billion this year as a result of the global recession that has shrunk passenger and cargo demand, industry body IATA said on Tuesday.
UAL Corp , parent of United Airlines, said on Friday it expected its consolidated passenger unit revenue to decline by 11 percent to 12 percent in the quarter and it would take an $80 million cash loss related to fuel hedge contracts that settled in the quarter.
UAL Corp , parent of United Airlines, said on Friday it expects an $80 million cash loss related to fuel hedge contracts that settled in the first quarter.
Continental Airlines said Thursday it will cut 3,000 jobs, or 6.7 percent of its 45,000 employees; retire 67 mainline aircraft; and reduce mainline flights because of soaring fuel costs, making it the second major airline this week to announce cutbacks.
UAL Corp.'s United Airlines, the world's second-largest carrier, said Wednesday it will shut its low-fare Ted airline, ground 100 fuel-inefficient planes and cut 1,400 to 1,600 salaried management jobs to help counter record fuel costs.
UAL Corp. said late Tuesday that traffic at its subsidiary United Airlines fell 4.1 percent as a result of higher fuel costs and a weaker economy.
U.S. air travelers experienced immense frustration over the past 12 months causing air travelers to make about 41 million fewer trips and has cost the national economy $26 billion, according to a survey from the Travel Industry Association.
Plans to merge UAL Corp.'s United Airlines and US Airways Group Inc. will not happen at this time, UAL's CEO told employees on Friday.
United Airlines' merger talks with US Airways have faltered and a deal is not expected anytime soon, say people close to the carriers, pushing the Chicago-based carrier to turn its focus to other strategic alternatives.
