Delta rejects US Air bid
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Delta Air Lines Inc. formally rejected a bid by smaller rival US Airways Group Inc. and filed its own long-awaited plan to emerge from bankruptcy on Tuesday, valuing the carrier at up to $12 billion.
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Leaders of US Airways Group Inc.&#39;s (UAIR.O: Quote, Profile, Research) pilots union late Monday rejected the carrier&#39;s latest contract proposal, a setback to the No.
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US Airways Group on Wednesday said it withdrew its takeover offer for Delta Air Lines after Delta's official creditor committee informed US Airways that it would not support the bid.
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Delta Air Lines Inc., the No. 3 U.S. carrier, said on Wednesday it is cutting its airfares by as much as 50 percent for travel in the continental United States.
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Australia's Qantas Airways Ltd.   rejected on Wednesday a conditional A$10.9 billion  ($8.6 billion) buyout offer led by Macquarie Bank Ltd.   and private equity firm Texas Pacific Group .
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Singapore Airlines' offer to buy a stake in China Eastern Airlines is rejected by a   shareholders' vote.
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Aer Lingus employees reject a takeover approach from Ryanair dealing a new blow to the no-frills airlines plans.
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US Airways today withdrew its $10 billion hostile takeover bid of Delta Air Lines after being informed that the bankrupt carrier's creditors were not interested in pursuing a deal.
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INDIANAPOLIS -- A federal judge yesterday rejected a Boston investor's bid for ATA Airlines Inc.'s Chicago Express regional carrier as part of the airline's bankruptcy reorganization.
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US Airways Group Inc.&#39;s pilot leaders rejected proposed pay and benefit cuts, possibly derailing the carrier&#39;s plan to wrest $800 million in labor concessions in time to avoid a second bankruptcy filing.
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Delta Air Lines Inc. formally rejected a bid by smaller rival US Airways Group Inc.  on Tuesday and filed its own long-awaited plan to emerge from bankruptcy that would value the carrier at up to $12 billion.
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Delta Air Lines Inc.&#39;s pilots union said Thursday there is no agreement expected in the near future with the struggling carrier over concessions, although both sides will continue to meet.
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The prospect of imminent airline industry consolidation faded on Tuesday as US Airways Group  reported no headway in its bid to take over bankrupt rival Delta Air Lines .
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Flight attendants at US Airways  UAIR.O on Sunday said they had rejected a new proposal by the  airline on cuts in wages and benefits which they said fail to  improve on sick leave and reserve policies.
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Auckland International Airport  rejects a Canadian pension fund's offer for up to a 40% stake in the airport.
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European aircraft maker Airbus on Thursday criticised a US move to take a fight about subsidies to the World Trade Organisation (WTO), saying it showed its rivalâs unwillingness to address its own subsidies.
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Australia's Qantas Airways Ltd.  rejected a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group , sending its shares down 2.7 percent.