United Airlines

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Airline Shares Bounce Back as Oil Prices Fall

Analyst predicts carriers could be back in the black next year

(Newser) - Airline shares rose yesterday following an analyst's prediction that the big carriers could be back in the black by next year, reports the Wall Street Journal. The stocks have been recovering since mid-July as oil prices started to slip downward and the industry's cost-cutting and revenue-boosting measures began to take...

US Airlines May Need Foreign Aid

May find security if caps on foreign investment are eased

(Newser) - Troubled US airlines could be looking to Congress to ease foreign ownership laws, as financial woes push them into the arms of new investment partners, the Wall Street Journal reports. Overseas companies, barred from holding more than 25% of the voting stock of US carriers, are eager to relax the...

Air Travelers Will See 10% Flight Cuts by Fall

Airlines plan to ax 10% of flights, 100 cities

(Newser) - Travelers will start to feel the full force of airline moves to grapple with rising fuel costs by Labor Day, as 10% of flights will be cut, a dip that will downsize the industry to post-9/11 levels, the New York Times reports. The reductions could push fares up by 40%...

United, Continental Partner, But Won't Merge

Airlines will share international flights, coordinate domestic bookings

(Newser) - United and Continental Airlines have forged a marketing alliance that will let them book each other’s seats, share miles and join international flights—but won't merge, reports the Wall Street Journal. The deal provides welcome cost savings in the face of surging fuel prices, but avoids the labor tensions...

Let the Carry-On Wars Begin
 Let the Carry-On Wars Begin 
Jun 17, 2008 4:35 PM CDT

Let the Carry-On Wars Begin

Checked-bag fees will lead to a crush in the overhead bins

(Newser) - With United, American, and US Airways all instituting charges for both first and second checked bags, a carry-on crunch is coming, the Wall Street Journal reminds us. Expect the baggage police to start heading off patrons flouting the cabin limit at security screenings. Airlines hope to to fight overcrowding in...

United Adopts $15 Checked-Bag Charge

Carrier joins American; industry passing oil costs to consumer

(Newser) - United Airlines will follow rival American Airlines in charging $15 for a first checked bag. The new fee was announced today, 3 weeks after American set the precedent. United says the fee affects customers who buy tickets beginning tomorrow for domestic flights Aug. 18 or later.

Continental Hacks 3K Jobs, 16% of Flights

Carrier is the latest to scale back operations citing fuel costs

(Newser) - Continental Airlines today became the latest US carrier to slash its workforce and trim flights in the face of profit-busting fuel costs and an industry-wide slowdown, the Wall Street Journal reports today. The airline will cut its workforce by 3,000 jobs, scale back US departures by 16%, and aggressively...

United to Cut 70 More Guzzlers to Fight Fuel Costs

70-jet reduction will cut capacity, result in large layoffs

(Newser) - United Airlines will ground another 70 fuel-guzzling jetliners this year—on top of the 30 announced earlier—as it struggles to get a handle on rising fuel costs and slowing growth in air travel, reports the Wall Street Journal. The move will lead to a major reduction in routes and...

United Drops US Airways Deal, Woos Continental

CEO says UAL 'very close' to Continental merger

(Newser) - A proposed merger between United Airlines and US Airways is on hold again, the Wall Street Journal reports. United’s CEO told his US Airways counterpart that his airline is close to a deal with Continental, a merger that would be less costly and wouldn’t face as much antitrust...

CEOs of United, US Airways Will Meet to Talk Merger

Top executives of the airlines plan face-to-face meeting tomorrow

(Newser) - The CEOs from United Airlines and US Airways will meet tomorrow to try to nudge ahead talks of a possible merger, the Wall Street Journal reports. If they make headway, the executives could present a possible deal to their respective boards in mid-June. The deal, in the works for two...

Another United Merger Crashes
 Another United Merger Crashes 
May 28, 2008 3:20 AM CDT

Another United Merger Crashes

Talks with US Airways on permanent hold

(Newser) - A proposed merger between United Airlines and rival US Airways has collapsed, just a month after a deal between United and Continental fell apart. Some analysts predicted the rising cost of jet fuel would power merger deals, but the failed negotiations have raised serious questions about the success of future...

High Gas Prices Give Economy a Headache
High Gas Prices Give Economy a Headache
ANALYSIS
May 24, 2008 3:52 PM CDT

High Gas Prices Give Economy a Headache

Main Street and Wall Street finally admit financial pain

(Newser) - Oil prices gushed for 5 years, but the US economy remained blissfully unaffected—until now, the Los Angeles Times reports. Rising gas prices have finally spooked consumers and sparked ominous news from two major airlines, Ford, and even memory card maker SanDisk. “The economic outlook has been taken hostage...

Airlines Hike Ticket Prices
 Airlines Hike Ticket Prices 
May 24, 2008 11:05 AM CDT

Airlines Hike Ticket Prices

United raises prices by up to $60; American, Delta follow its lead

(Newser) - The big three US airlines responded to soaring oil prices by boosting most domestic prices by up to $60 roundtrip in the last few days, the AP reports. United led the way with increases from $10 to $60 Thursday; American and Delta followed suit yesterday. Meanwhile, low-cost AirTran raised its...

Oops! United Mistakenly Drops Fuel Charges for a Day

Travelers were able to save $130 for much of the day

(Newser) - United Airlines gave travelers a big break on ticket prices today—by accident. The airline neglected to add fuel surcharges to prices this afternoon, saving lucky buyers up to $130 per flight, the Wall Street Journal reports. United made the mistake at 12:30pm, when it filed prices with the...

Planes Slowing Down to Save on Fuel Costs

Airlines save millions by adding extra minutes to flights

(Newser) - As airlines feel the pain of higher energy prices, planes are slowing down to save fuel, the AP reports. Southwest, for instance, will save $42 million by adding a few minutes to each flight this year, and passengers are unlikely to notice. But it’s no cure-all: Labor costs go...

Continental Scuttles Merger With United

Execs scared by low earnings, sinking shares

(Newser) - Continental Airlines scuttled merger talks with United Airlines today and likely triggered other deals in the plunging industry. United's $357 million first-quarter losses and a plan to lay off 1,000 workers scared away Continental execs, the New York Times reports. Now United parent UAL will likely scramble to cut...

United and Continental May Be Next to Merge

Delta-Northwest deal likely to spark more consolidation

(Newser) - The Delta-Northwest merger will create the world's biggest airline—but that title could fall before the ink is even dry on the deal as industry pressures force other carriers into shotgun weddings, the Houston Chronicle reports. Analysts believe United and Continental would be a good match and a deal between...

Delta, Northwest Approve Merger
 Delta, Northwest
 Approve Merger 
UPDATED
Apr 14, 2008 7:17 PM CDT

Delta, Northwest Approve Merger

Execs forging ahead without pilot approval

(Newser) - Delta and Northwest Airlines execs agreed today to merge their companies into the world's largest airline, the New York Times reports. Delta CEO Richard Anderson will lead the new company, called Delta, if Northwest shareholders approve the transaction. The $3.1 billion deal would give Northwest shareholders 1.25 Delta...

Cheap Flights, Passenger Perks Lost in Transit

Soaring fuel prices mean airline fees, shakeups here to stay

(Newser) - The days of discounts and perks on major US airlines have disappeared from the horizon, possibly forever, Marketwatch writes. The stratospheric fuel prices that caused three airlines to shut down last week alone are forcing airlines to boost their bottom lines any way they can. Capacity is being cut back...

Passengers Air a Record Number of Complaints

Skies unfriendlier than ever

(Newser) - Airline passengers on domestic flights are unhappier than they've been in years, with consumer complaints up 60%, according to the annual Airline Quality Rating survey. Long delays, cancellations, overbooking, late arrivals, and lost baggage accounted for most of the complaints, which haven't been this bad since 2000, reports the AP....

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