Transportation

On The Horizon: US Airways, Delta Eye Slot-Swap Resolution

US Airways executive vice president Steve Johnson last month said he was hopeful the carrier's slot-swap proposal with Delta Air Lines could be resolved... KEEP READING

Delta Sees Opportunity In Southwest, AirTran MergerBy Jay Boehmer

Southwest Airlines' pending acquisition of AirTran Airways places the fierce price competitor firmly in Delta Air Lines' Atlanta turf, but Delta... KEEP READING

Air Earnings Illustrate Business Travel ReboundBy Jay Boehmer

Business airfares are going up, corporate travelers continue to return to the skies and year-over-year revenue from corporate clients is surging.... KEEP READING

Rising Demand Drives Car Rental ProfitsBy Jay Boehmer

U.S. rental car companies this week unanimously reported year-over-year profit growth for the third quarter, thanks largely to growing volume. Though... KEEP READING

Hertz Q3 Revenues GrowBy Jay Boehmer

Hertz reported third-quarter net income of $156.6 million, compared with $64.5 million a year earlier.... KEEP READING

Demand Soaring, Fares Rising On London-NYC RouteBy Amon Cohen

Competition on the world's busiest long-haul route, London-New York, remains robust in spite of double-digit average ticket price increases and last... KEEP READING

DTAG Posts Profitable Q3 Amid Industry TumultBy Jay Boehmer

Dollar Thrifty Automotive Group reported $49.2 million in net income for the three months ending Sept. 30, up from $30.1 million in the third quarter of... KEEP READING

Emirates Claims Record Half-Year Profit

Emirates reported a record AED 3.4 billion ($925 million) net profit for the first half of its fiscal year ended Sept. 30.... KEEP READING

DOT Allocates More High-Speed Rail FundingBy Lauren Darson

The U.S. Department of Transportation announced this week that 54 high-speed rail projects in 23 states would "share in $2.4 billion to continue... KEEP READING

Southwest Sets Inflight Internet Price

Southwest Airlines plans to charge $5 for inflight Internet access, regardless of length of haul or which device passengers use to access the service.... KEEP READING

U.S., Japan Officially Sign Open Skies Agreement

The United States and Japan on Monday officially signed an Open Skies agreement, lifting restrictions on air service between the two countries.... KEEP READING

Expected DOT Nod To Open U.S.-Japanese SkiesBy Jay Boehmer

The U.S. Department of Transportation in the coming weeks is expected to finalize this month's tentative approval of two antitrust-immune joint ventures... KEEP READING

Delta Execs See Opportunity In Southwest, AirTran MergerBy Jay Boehmer

Southwest Airlines' pending acquisition of AirTran Airways places the fierce price competitor firmly in Delta Air Lines' Atlanta turf, but Delta... KEEP READING

Higher Fares Drive Continental, United Q3 ProfitBy Jay Boehmer

Continental Airlines and United Airlines on Thursday reported third-quarter profits of $367 million and $473 million, respectively, though management of... KEEP READING

AA Posts Quarterly Profit, Says Labor Cost Gap EasingBy Jay Boehmer

American Airlines joined legacy competitors on Wednesday in posting third-quarter profits, announcing a net income of $143 million. When it was the only... KEEP READING

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