Delta Air to buy stake in China Eastern Airlines

NEW YORK - Delta said it will pay $450 million to buy a stake in China Eastern Airlines as the Atlanta-based airline seeks to expand into China's fast-growing travel industry.The deal will give Delta a 3.55 percent stake in Shanghai-based...

Airline collusion case could be difficult for government

...investigation into possible collusion in the airline industry, experts say the government...pricing decisions. But in recent years, airline executives and Wall Street analysts have...record of all of his contact with other airline executives for two years.It's unclear...

Amid federal probe on airline ticket pricing collusion, Web searches show same air fares between travel booking Web sites

WASHINGTON - Amid a federal probe of airline pricing practices, a search on popular...Travel Association, a group that opposes airline consolidation, said the mergers had created...radical consolidation we have seen in the airline industry in the last few years," he...

American Airlines beats 2Q profit forecasts

...billion despite lower revenue.The world's biggest airline said Friday that it was American's most profitable...quarter. That's a closely watched figure in the airline business, and airline President Scott Kirby said it's reasonable to...

Airlines are looking to biofuels to meet soaring passenger demand

...Fulcrum Bioenergy, the biggest investment yet by a U.S. airline in alternative fuels. Fulcrum hopes to build facilities that...going to crack making fuel from waste on a big scale, the airline industry might be the best bet.

Government investigates 5 airlines for possible price-gouging

...noted that some airlines "self-corrected after I initially expressed concern."Delta spokesman Trebor Banstetter said the airline didn't raise fares after the train crash and that the $2,300 fare was in existence before May 12. Delta also said it...

Rechecking the bags

...heard earlier this month that a global airline association recommended reducing the size...need to get it right."A top U.S. airline group that includes the world's three largest...fees, according to the IATA.If the airline industry's problem is cramped overhead...

Technical difficulties upend service at United Airlines, NYSE and WSJ on bad day for tech

...YORK - It was a rough day for tech: The nation's biggest airline, its oldest stock exchange, and its most prominent business...second major technical issue in two months. On June 2 the airline had to halt all takeoffs in the U.S. because of what it...

Airlines carve US into markets dominated by 1 or 2 carriers

...of consolidation that swept the U.S. airline industry has markedly reduced competition...100 largest U.S. airports, a single airline controls a majority of the market, as...AP's analysis of data from Diio, an airline-schedule tracking service.Overall...

Delta soars on cheap fuel, but hints of a decline in fares

...slipping. That is a troubling trend for the airline business after years of rising "yield...Richard Anderson said Wednesday that his airline has been able to afford higher wages and...Atlanta, is the nation's third-largest airline operator and the first to report results...