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(Image from article: "Airline ticket tax holiday is windfall-- for airlines")

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Judge denies $20M severance deal for AMR CEO

A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005.

FAA shutdown to continue as Congress leaves

The government is likely to lose more than $1 billion in airline ticket taxes because lawmakers have left town for a month without resolving ...

Airline ticket tax holiday is windfall-- for airlines

Finally, good news from the gridlock in Congress. Or maybe not. The federal government Saturday stopped collecting taxes on airline tickets, so flying suddenly got cheaper, right? Wrong. Many airlines just increased their airfares to match the tax drop.

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