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Lawyer: High jet fuel prices left Spirit no choice but to shut down
A judge in the Southern District of New York Bankruptcy Court said on Tuesday that it was "a horrible day for employees" after a bailout for Spirit Airlines proposed by the U.S. government fell through, leaving no way out of bankruptcy.
Southwest raises round-trip fares by up to $10
DALLAS — Southwest Airlines says it’s raising ticket prices to offset the high cost of jet fuel. On Monday, Southwest bumped up fares by as much as $10 per round […]
Delta 2Q profit falls 58 pct; 2,000 take buyouts
Delta Air Lines said 2,000 workers took voluntary buyouts and it will scale back flying more than planned later this year as it cuts costs to make up for higher […]
United, Continental raise many US fares by $10
DALLAS — United and Continental airlines are raising fares on many U.S. routes by $10 per round trip. The increase was confirmed Monday by Mike Trevino, a spokesman for the […]
Airfares are going up, and not just because of oil
Airlines have used surging oil prices to justify fare increases of up to $60 per ticket since the start of the year. But the rising cost of fuel isn’t the […]
Southwest joins other US airlines in raising fares
DALLAS — Southwest Airlines Co. has joined a sweeping increase of $10 in the price of many domestic round-trip airfares, citing the need to offset high fuel prices. Southwest’s action […]
