U.S. Airlines Put Off Buying New Planes
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The nationâs fleet of commercial planes is aging as carriers put off buying more comfortable and fuel-efficient jets.
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Shares of US Airways Group Inc. slipped  as much as 23 percent in early trading on Tuesday after its  pilots union rejected the company's latest contract proposal, a  blow to its attempt to avoid a second trip through bankruptcy.
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Security fears may dampen demand for  air travel in the short term, industry watchers said on  Thursday, after British police foiled a plan to blow up  transatlantic jetliners, but they won't throw U.S. airlines off  their long recovery from the September 11, 2001 attacks.
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A slump in demand for civilian aircraft has triggered a sharp slide in orders for big-ticket US-made products.
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Prospects of airlines voluntarily agreeing to significantly cut their schedules to reduce New York flight delays diminished on Tuesday with carriers angrily rejecting the government's chief proposal.
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Airbus parent EADS said Tuesday that the flagship A380 superjumbo jet will be delayed for another year and Virgin Atlantic and Emirates &#151; the plane's biggest customer &#151; hinted that the new setbacks could lead to order cancelations.
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China will not approve any new  commercial aircraft purchases in 2005 in an effort to curb  "over-heated" growth in the sector and uncontrolled capacity  expansion by domestic airlines, a government official said.
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Some local officials object to the new flight paths proposed in the agencyâs plan to reduce delays at New York-area airports.
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Northwest, Continental, and Delta have a frequent flyer alliance. Too bad they're so stingy with their rewards.
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Shares of US Airways Group Inc.  UAIR.O slid as much as 23 percent on Tuesday after leaders of  its pilots union rejected the company's latest contract  proposal, dealing a blow to its attempt to avoid a second trip  through bankruptcy.
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The US halts plan to give foreign investors more control over its airlines, probably delaying an open skies treaty.
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China&#39;s aviation authority said it has decided in principle not to approve new aircraft purchases next year in order to cool what it considers to be an overheated aviation sector, according to a published report.
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Delta Air Lines  said its board has  rejected an $8.4 billion acquisition bid from rival US Airways  Group Inc. , calling the bid "structurally flawed" and  plagued by antitrust and labor issues.
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U.S. airlines are pulling out of  their financial tailspin but most are not paying close enough  attention to customer service, especially when it comes to  providing useful information on delays and cancellations, a  government watchdog reported on Wednesday.
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The U.S. Air Force is rethinking its  plan to end purchases of Lockheed Martin Corp.'s LMT.N C-130J  Hercules cargo aircraft in the coming fiscal year, notably  because of higher-than-expected contract cancellation costs,  the service's chief of staff told senators on Thursday.
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Airbus parent EADS  on Monday postponed a major announcement on job cuts planned for Tuesday, saying European nations could not agree how to share out work on its next aircraft, the wide-bodied A350.
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Japan plans to postpone buying  next-generation fighter aircraft to replace part of its ageing  air force fleet because the United States is unwilling to  export its state-of-the-art F-22 stealth fighter, a newspaper  said on Monday.