ATLANTA/PARIS, Aug 30 (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz), moving
to counter a competitive offering from rival Airbus, said it
will roll out a more efficient version of its best-selling 737
narrowbody with a new engine in 2017.

Boeing cited order commitments for 496 of the new planes
from five airlines.

The new model will compete with the revamped A320neo family
from Europe’s Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz), a similar model due to be
equipped with fuel-saving engines and delivered in 2015.

WASHINGTON/ATLANTA, Aug 29 (Reuters) – U.S. airlines
scrambled to put their operations back together in the U.S.
Northeast on Monday following Hurricane Irene and braced for a
financial hit from extensive storm-related cancellations.

By scratching more than 12,000 flights from Friday to
Sunday, carriers hoped to optimize their ability to restart
schedules after the storm and avoid disruptions heading into
Labor Day, the last big weekend of peak summer travel.

ATLANTA/PARIS, Aug 29 (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) will
give an update Tuesday on its plans to revamp its best-selling
737 aircraft in a bid to fight off challenges from European
rival Airbus, according to people with knowledge of the
matter.

The U.S. planemaker is set to end weeks of uncertainty for
investors, airlines and suppliers over the characteristics of
the jet, after securing backing from its board to market a more
efficient version equipped with new engines.

ATLANTA, Aug 16 (Reuters) – U.S. airlines, hoping to offset
high fuel costs and potentially sagging travel demand, have
taken a scalpel to their route structures once again.

The service reductions go hand in hand with another stated
goal — adding service only where travel demand justifies it.
These measures reflect a defensive posture by airlines in
uncertain economic times, and show remarkable restraint for the
once-bloated industry.

CHICAGO/ATLANTA (Reuters) – U.S. airlines are not likely to bow to pressure from the White House and elsewhere to rollback a fare increase facilitated by a Washington political standoff that could net the industry more than $1 billion in unexpected third quarter revenue.

Analysts and carriers have said the industry justifiably capitalized on quick profits when, because of congressional inaction on temporary aviation funding legislation last month, they stopped collecting certain ticket taxes and raised fares by a like amount.

CHICAGO/ATLANTA (Reuters) – U.S. airlines are not likely to bow to pressure from the White House and elsewhere to rollback a fare increase facilitated by a Washington political standoff that could net the industry more than $1 billion in unexpected third quarter revenue.

Analysts and carriers have said the industry justifiably capitalized on quick profits when, because of congressional inaction on temporary aviation funding legislation last month, they stopped collecting certain ticket taxes and raised fares by a like amount.

ATLANTA (Reuters) – Delta Air Lines (DAL.N: Quote, Profile, Research, Stock Buzz) missed Wall Street profit estimates on Wednesday as fuel cost increases offset rising revenue, sending its shares down more than 7 percent to a new year low.

Airlines are seeing an increase in travel after the 2008/2009 downturn, but are challenged by high fuel and an uncertain global economy that could depress demand later this year.

ATLANTA (Reuters) – Many U.S. airlines have raised fares in recent days to take advantage of a lapse in U.S. ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers are not likely to notice any price difference.

The expiration of the FAA reauthorization on Friday means some aviation taxes are no longer being collected. These include a 7.5 percent sales tax on U.S. air transportation and a 7.5 percent sales tax on the purchase of air miles, said fare watcher FareCompare.com. Additionally, taxes on jet fuel are also reduced.

ATLANTA (Reuters) – Many U.S. airlines raised fares in recent days to take advantage of a drop-off in U.S. ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers will likely not notice any price difference.

The expiration of the FAA re-authorization on Friday means some aviation taxes are no longer being collected. These include a 7.5 percent sales tax on U.S. air transportation and a 7.5 percent sales tax on the purchase of air miles, said fare watcher FareCompare.com. Additionally, taxes on jet fuel are also reduced.

ATLANTA (Reuters) – Many U.S. airlines raised fares in recent days to take advantage of a drop-off in U.S. ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers will likely not notice any price difference.

The expiration of the FAA re-authorization on Friday means some aviation taxes are no longer being collected. These include a 7.5 percent sales tax on U.S. air transportation and a 7.5 percent sales tax on the purchase of air miles, said fare watcher FareCompare.com. Additionally, taxes on jet fuel are also reduced.