Airlines, Billion | featured news

The International Air Transport Association credits "a backdrop of improved optimism for global economic prospects" for raising expectations above its previous forecast of $8.4 billion in profits for this year.

US Airways Group Inc and AMR Corp are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and management structure, people familiar with the matter said.

If the sting of paying to board early, check a bag or enjoy a few extra inches of legroom has gotten a bit sharper lately, you’re not alone. According to a new report, the world’s airlines will earn an estimated $36.1 billion in ancillary revenues this year.

A $10 priority-boarding fee here, a $25 checked-bag fee there; pretty soon, you’re talking real money. $22.6 billion, in fact. According to the annual Amadeus Review of Ancillary Revenue Results released Monday, that’s how much ancillary revenue 50 airlines around the world reported making in 2011, a 66-percent jump from the $13.5 billion that the 47 airlines that reported such income made in 2009.

Delta Air Lines, in a move to replace some of its older single-aisle planes, is expected to place an order for 100 of Boeing's extended-range 737-900 aircraft valued at more than $8 billion.

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

U.S. airlines collected $3.4 billion in bag fees last year. The 24 percent increase from 2009 shows how the airlines are increasingly reliant on charging for once-free services to make money....

Airlines make billions of dollars in fees for check-on luggage, refreshments and other services formerly included in ticket prices, but consumers have a hard time figuring out how much they'll pay in total to fly, a congressional committee heard Wednesday.

The government says airlines collected $7.8 billion in revenue from so-called ancillary fees last year, up a staggering 42 percent from 2008....