Lofty Fuel, Low Fares Batter Airlines
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The twin burdens of soaring fuel prices  and slipping airfares clobbered the airline industry again in  the third quarter, leaving three of the top four U.S. carriers  to post quarterly losses on Wednesday.
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Forecasts for higher fuel costs from American Airlines and United Airlines sent shares of US airlines diving in trading activity Friday despite nearly unchanged crude oil prices and a better-than-expected economic report.
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HEAVY suitcases aren&#39;t the only things weighing down aeroplanes and requiring them to burn more fuel, pushing up the cost of flights.
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Southwest Airlines Co., the leading U.S. budget carrier, raised fares by as much as $10 each way to offset rising fuel costs, the company said on Monday.
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Three US airlines reported losses on Wednesday as higher jet-fuel prices and stiff competition from low-cost rivals compounded their many difficulties since the 2001 terror attacks.
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As financial troubles roil three major airlines that carry nearly half of passengers at Logan International Airport, travelers aren't the only ones worried.
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DALLAS Â· American Airlines is reducing some flights and considering charging for onboard food amid increasing fuel prices and intensifying competition from low-cost carriers, the company&#39;s chairman and chief executive said Thursday.
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A new round of merger talks in the airline industry is causing concern about rising fares and reduced air service to smaller destinations.
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Southwest Airlines Co , the leading U.S. low-cost carrier, on Tuesday said it raised one-way fares by up to $10 to offset rising fuel costs.
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JetBlue Airways missed analysts' lowered estimates as it struggled with skyrocketing fuel prices, storm disruptions and competition.
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American Airlines, the world&#39;s largest carrier, yesterday struck back at its low-cost competitors, sharply reducing fares for flights to and from Miami International Airport, from New York and elsewhere in the country.
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The twin burdens of soaring fuel prices and slipping airfares clobbered the airline industry again in the third quarter, leaving three of the top four US carriers to post quarterly losses on Wednesday.
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Record fuel costs and low air fares contributed to a $274 million third-quarter loss for United Airlines&#39; parent company, which warned again that labor costs must be slashed again soon in order for it to emerge from bankruptcy.
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Squeezed by low-cost rivals, soaring fuel prices and failing in drive for new labor concessions, airlines entered bankruptcy protection for the second time in two years.
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SF AIRPORT -- Citing high fuel prices and worsening industry conditions, two airlines announced impending labor cuts while another sat poised to file for bankruptcy.
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Most U.S. airlines, trying to offset record high jet fuel prices, have boosted air fares in North America by as much as &#36;10 on round-trip flights.
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NEW YORK : Storms, skyrocketing fuel prices, cutthroat competition and labor costs have shaped turbulent times for US airlines, and the troubles are starting to trickle down to the low-cost carriers.