American Airlines plans to park about 10 percent of its MD-80 fleet this year and trim domestic capacity to stem losses from sky-high fuel prices. Get the full story »
Inside these posts: Jet fuel prices
The head of Southwest Airlines Co. said Friday that successive fare increases brought on as the industry battles with soaring jet-fuel costs isn’t cutting into demand.
Gary Kelly, chairman and chief executive of Dallas-based Southwest, said he didn’t see signs of “demand destruction” and has no plans to cut capacity at this point. Get the full story »