Southwest Airlines is flying high: It’s proven consistently profitable, and it serves more passengers than any other U.S. carrier. But as the airline expands its service, CEO Gary Kelly says volatile jet-fuel prices are his big…
Light crude oil prices have been climbing in the last few days, closing the week at $88.94 per barrel on the NYMEX. If prices climb high enough, it could damage the still-weak economy by raising the costs of gasoline, jet fuel …
After seven missed delivery deadlines for Boeing’s troublesome 787 Dreamliner, the company has run into another setback: In a test flight Tuesday, the electrical-equipment bay caught fire. Can the company turn the development n…
More U.S. airline passengers are arriving on time, at least if their flights aren’t canceled. According to a new Department of Transportation report, 50% more U.S. flights were canceled in September compared to a year ago, but …
The European Commission has accused some 13 airlines of collaborating to set cargo and security surcharges — and to avoid paying commission on these surcharges to clients — to reduce competition. Eleven of the airlines face a…