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Airlines hurt as Ukraine crisis lifts oil price
The global airlines industry on Wednesday lowered its profit forecast for this year after the Ukrainian crisis caused a spike in the price of fuel.
Exelon reports loss in first quarter
Exelon Corp., whose varied holdings include Baltimore-based Constellation Energy and Baltimore Gas & Electric Co., reported a loss in its first quarter due to lower market prices, higher nuclear fuel […]
Obama announces fuel standards for big vehicles
WASHINGTON — Fire trucks and concrete mixers, semis, heavy-duty pickups and all trucks in between will, for the first time, have to trim fuel consumption and emissions of heat-trapping gases under […]
Southwest posts 2Q profit of $161 million
DALLAS — Southwest Airlines Co. boosted its second-quarter profit with higher fares and more traffic from the addition of AirTran, but fuel costs soared a stunning 64 percent higher than a […]
Airlines collected $3.4 bln in bag fees in 2010
NEW YORK — The government says that airlines collected $3.4 billion in baggage fees last year, up 24 percent from 2009. The fees are typically $50 roundtrip for a first […]
Vegas-based airline wants to let you gamble on fares
If Allegiant Air gets its way, you might be able to purchase a ticket where the final cost would rise and fall with the price of jet fuel. For the […]
Major airlines raise fares; Southwest holds steady
DALLAS — Major U.S. airlines are raising fares again, and the only question this time might be the size of the increase. This is the sixth broad fare increase the […]
Airfare increases likely to stick
The airlines are at it again, imposing the first fare increase of the new year and the third within a month. The increase on many domestic routes ranges from $4 […]
