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United to Cut 70 More Guzzlers to Fight Fuel Costs

70-jet reduction will cut capacity, result in large layoffs

(Newser) - United Airlines will ground another 70 fuel-guzzling jetliners this year—on top of the 30 announced earlier—as it struggles to get a handle on rising fuel costs and slowing growth in air travel, reports the Wall Street Journal. The move will lead to a major reduction in routes and...

Delta-Northwest Merger Close to Takeoff

Boards meet tomorrow to vote on plans that would create world's largest airline

(Newser) - Directors at Delta and Northwest meeting tomorrow could announce a marriage of the two airlines by day’s end if a crucial deal with the airlines’ 11,000 unionized pilots can be reached, reports the Wall Street Journal. The resulting company would be the largest airline in the world, and...

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