Sector Snap: Airline stocks mixed (AP via Yahoo! Finance)
Airline stocks rallied briefly but closed with mixed results Friday despite a rebound in the broader market, as oil prices inched higher and Delta warned of a slowdown in travel demand amid the global financial crisis.
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Airline Stocks: Airline sector ekes out modest gains on broad market rally (Market Watch)
Airline stocks nosed into positive territory Friday on the back of a 494-point rally by the Dow that took some of the sting out of Delta Air Lines' disappointing fourth-quarter outlook. For the week, however, the Amex Airline Index logged a 14% decline.
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Delta to cut U.S., international capacity (Atlanta Journal-Constitution)
Nine days after announcing new overseas routes for 2009, Delta Air Lines, the world's biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international capacity because demand for seats has slowed amid the global financial crisis. The Atlanta-based airline did not provide specifics, but did say it would give more details about its outlook in early December. ...
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Delta revises strategy; will scale back flights (Lexington Herald-Leader)
ATLANTA . Nine days after announcing new overseas routes for 2009, Delta Air Lines Inc., the world's biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international capacity because demand for seats has slowed amid the global financial crisis. The Atlanta-based airline did not provide specifics, but did say it would give more details about its ...
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Delta to Cut Capacity (The Lakeland Ledger)
Nine days after announcing new overseas routes for 2009, Delta Air Lines Inc., the world's biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international capacity because demand for seats has slowed amid the global financial crisis. The Atlanta-based airline did not provide specifics, but did say it...
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Delta to trim future US, international capacity (Georgia Public Broadcasting News)
Delta Air Lines says in a new regulatory filing that it plans to reduce its planned carrying capacity because demand for seats has slowed down.
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Delta Airlines sees lower demand Cutting capacity (The Clarion-Ledger)
Nine days after announcing new overseas routes for 2009, Delta Air Lines Inc., the world's biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international capacity because demand for seats has slowed amid the global financial crisis.
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In June, Delta begins direct flights to Tokyo (The Salt Lake Tribune)
Delta Air Lines will launch a second overseas route from Salt Lake City next year, this time to Tokyo as the airline continues to integrate Utah's biggest airport into its long-range plan to fly more outside the United States.
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Officials hope growth will lure Delta to GTRA (The Commercial Dispatch)
Airline traffic growth at the Golden Triangle Regional Airport soon may catch the attention of one of the nation’s largest airline companies, members of the GTRA board of directors announced during a Friday meeting.
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Delta will keep all airline hubs (Lansing State Journal)
The new Delta Air Lines Inc. now flies out of seven U.S. hub airports. Some of those — such as Detroit Metropolitan Airport and Cincinnati’s airport — are close neighbors. A top executive at the Atlanta-based Delta said the company is committed to maintaining those hub operations coveted by airports. The three-week-old merger between Delta and Northwest Airlines Corp. — the largest carrier at ...
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