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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NEW YORK - American airlines cannot make their low-cost competitors disappear into thin air, but they can fly away from them - to more lucrative routes overseas where their bargain-basement rivals cannot venture.
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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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Need proof? At a time when US airlines are struggling mightily with few successes in raising fares, carriers like Continental and American are making it cheaper to fly to Latin America.
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Airlines are resisting talk of a passenger bill of rights, saying such regulation is the purview of US government.
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U.S. blue chips slipped on Wednesday,  pressured by a drop in airplane manufacturer Boeing Co. BA.N  after news China will not approve new airline purchases next  year.
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WASHINGTON -- The United States scuttled a plan to give foreign investors more control over domestic airlines, dimming prospects for an "open skies" treaty with the European Union to increase trans-Atlantic competition.
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The world's airlines were forced to  review growth plans on Wednesday after Airbus parent EADS   again pushed back first delivery of its troubled A380  superjumbo.
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Airbus has delayed a restructuring plan that was expected later today, saying European nations can't agree how to share work on its next aircraft, the wide-body A350.Comment
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NEW YORK -- As larger US airlines suffer growing losses, low-cost carriers, previously thought to be invincible, are not far behind, industry experts say, due to soaring jet fuel prices, low air fares, and more competition.
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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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American Airlines will defer 54 of 56 aircraft originally scheduled for delivery between 2006 and 2010, American and Boeing Co. said Monday.
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Leaders of the US Airways pilots union decided last night not to allow 3,000 rank-and-file pilots to vote on a $295 million cost-cutting proposal, increasing the likelihood of a US Airways bankruptcy this month.
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US Airways UAIRQ.OB said on  Saturday it has no current plans to reduce its fleet of  aircraft, disputing postings on the Internet that the bankrupt  carrier has put planes up for sale.
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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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Leaders of US Airways Group Inc.&#39;s pilots union rejected the carrier&#39;s latest contract proposal late Monday, a blow to the No.
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Leaders of US Airways&#39; pilots union late Monday rejected the carrier&#39;s latest contract proposal, a blow to the airline&#39;s attempt to avoid a second bankruptcy filing.