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December 16, 2013 | By Hugo Martin
The nation's largest airlines recorded a combined net profit of $3.2 billion in the July-through-September period, more than double the profits from the same period last year, according to the U.S. Department of Transportation. And the industry's profits are expected to continue to grow, according to a trade group for the world's airlines, which predicted record profits in 2014. The rising profit margins are attributed to steadily growing demand and stable fuel prices, which now represent nearly a third of the industry's operating costs, according to industry experts.
December 15, 2013 | By Carla Rivera
Santa Ana winds, low humidity and dry conditions prompted authorities to issue a red-flag warning of increased fire danger for much of Los Angeles, Ventura and Riverside counties Sunday. The alert was expected to remain in effect until 6 p.m., the National Weather Service in Oxnard reported. Temperatures in many coastal and valley areas were expected to climb into the lower- to mid-80s, with highs of 84 at the Santa Fe Dam in Irwindale, 83 in Malibu Canyon and 81 in Whittier Hills already recorded, according to meteorologist David Sweet.
December 15, 2013 | By Hugo Martin
If you are a parent who lets your kids scream and go nuts on a plane - congratulations - you top the list of most annoying etiquette violators in the air. Parents who travel with loud kids are considered more annoying than passengers who kick the back of seats and travelers with nasty odors. Even fliers who take off their shoes and socks in the airtight cabin are less offensive, according to a survey of 1,001 Americans by the travel website Annoying children and their parents were ranked by 41% of those surveyed as the most annoying airplane etiquette violators.
December 5, 2013 | By Hugo Martin
The merger of American Airlines and US Airways is paying off for Southwest Airlines. To settle an antitrust lawsuit by the U.S. Department of Justice, American and US Airways agreed to give up dozens of landing and takeoff slots to ensure strong competition. At New York's LaGuardia Airport, Southwest Airlines is taking over a total of 22 takeoff and landing spots given up by American Airlines, the carrier announced Thursday. "This is terrific news for low-fare customers who want greater access to New York City," said Bob Jordan, Southwest's executive vice president and chief commercial officer.
December 3, 2013 | By David G. Savage
WASHINGTON - Rabbi S. Binyomin Ginsberg of Minneapolis admits being both a frequent flier and a frequent complainer. He flew on Northwest Airlines about 75 times a year, domestically and internationally, earning enough miles to qualify for "Platinum Elite" status. But he also complained a lot - about two dozen times in seven months, the airline says - demanding compensation for delays, lost bags and losing seats on overbooked flights that Northwest said the rabbi had reserved "with the purpose of being bumped.
November 25, 2013 | By Ruben Vives, This post has been corrected, as indicated below.
A 40-year-old man who pleaded guilty to making false bomb threats against his former employer, United Airlines, has been sentenced to prison, federal prosecutors said Monday. United States District Judge Otis D. Wright II sentenced Patrick Cau, who also used the last name Kaiser, to 18 months in federal prison.   Wright ordered Cau to pay $304,495 in restitution to United Airlines and reimburse $8,838 to the Los Angeles Police Department for the expenses incurred as a result of the bogus threats.  Cau, a German citizen and former flight attendant for United, pleaded guilty in August to one count of giving false information and hoaxes.
November 24, 2013 | By Hugo Martin
If you are among America's well-to-do, you may have noticed that the airline industry has been rolling out the red carpet for you lately. For good reason. The number of affluent travelers has risen in the last few years, according to a report by the travel marketing agency MMGY Global and Harrison Group, a research group. Defined as those with annual household income of $250,000 or more, affluent travelers make up 6% of the leisure travel market, up from 4% in 2010, according to the report.
November 12, 2013 | By Amy Hubbard
It's a go. American Airlines and US Airways are set to merge, becoming the largest airline in the nation after a settlement with the U.S. Justice Department. The Justice Department was against the move, but the two airlines have agreed to its demands -- primarily, giving up landing slots and passenger gates at airports where they might have crushed the competition. (More from Hugo Martin: " Settlement OKs merger of American Airlines, US Airways . ") Our infographic below shows how the merger will add up. Click through for more information on the nation's newest, heftiest airline.
November 12, 2013 | By Hugo Martin
The Justice Department announced Tuesday that it has reached a settlement agreement to allow the merger of American Airlines and US Airways to form the nation's largest air carrier. The department, which sued in August to stop the merger, said that as part of the deal, it will require the airlines to give up landing slots and passenger gates at airports where the combined carrier would dominate its competition. The two airlines said they will abide by the Justice Department's demands to allow the merger.
November 12, 2013 | By Stuart Pfeifer
The percentage of U.S. workers who participate in their employers' retirement plans slipped to 39% in 2012, according to a report by the Employee Benefit Research Institute. Despite the tax savings and long-term benefits of stashing pre-tax money in retirement plans, the majority of workers fail to take advantage of employer-sponsored programs, such as 401(k) accounts, the group reported. The 39.4% participation rate was a slight decrease from a 39.7% rate a year earlier, the group said.
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