airline industry

(Newser) - Frequent fliers will soon be reminiscing about the small luxuries a $200 airline ticket bought: like free Diet Coke. A new wave of start-up airlines is selling ultra-affordable flights as low as $10. But prepare to plunk down for seat assignments, checked baggage—and even peanuts.

(Newser) - JetBlue's maverick founder and CEO is out of the top job, the company announced this morning. David Neeleman, who led the carrier during February's service breakdowns—which left passengers stranded on the tarmac for hours and cost the airline tens of millions of dollars—will assume "a more strategic...

(Newser) - Delta has emerged from bankruptcy, riding an aggressive restructuring plan to exit Chapter 11 a year ahead of schedule. The No. 3 domestic airline, which staved off a hostile takeover bid from US Airways this year, used court-enforced protections to secure cuts to wages and pension programs as it shored...