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Southwest Bucks Industry Trend, Posts $321 Million Q2 2008 Profit

Fuel Hedges Key To Dallas-Based LCC's Bottom Line

They've done it again. Helped by savings netted from its highly successful fuel hedging policy, on Thursday Dallas-based Southwest Airlines posted second quarter earnings of $321 million, nearly setting an all-time record as most of its legacy competitors are bleeding red ink.

Northwest Posts $377 Million Loss... And Investors Are Relieved

'Yay! They Lost Slightly Less Than We Thought They Would!'

US domestic airlines are demonstrating that even a financial loss is good news, so long as analysts have driven expectations low enough.

NTSB Wants Fixes To Airbus Cockpit Electronics

49 Reported Cases Of Dark Displays In Recent Years

Few would argue that so-called "glass cockpits" are a major leap forward in cockpit management and crew safety... until those panels go dark in-flight, which the National Transportation Safety Board says has happened at least 49 times in recent years onboard several Airbus airliners.

NTSB Investigates Near-Midair Over ORD

Plane Cleared For Takeoff Into Path Of Landing Traffic

There's been another close call involving simultaneous runway operations at a busy US commercial airport. The National Transportation Safety Board is investigating a near-midair collision in Chicago, in which a regional jet was apparently directed to takeoff into the path of landing traffic.

BTS Says Average Domestic Air Fares Rose 4.4 Percent In Q1 2008

Highest Fares In Cincinnati, Lowest Fare At Atlantic City

Average domestic air fares in the first quarter of 2008 were up 4.4 percent from the first quarter of 2007 in the largest year-to-year increase since second quarter 2006, according to numbers released Wednesday by the US Department of Transportation’s Bureau of Transportation Statistics (BTS). Still, average fares remained 4.6 percent below the January-to-March high set in 2001.