Skyrocketing fuel costs will likely lead to several airline mergers this year. Unfortunately for fliers and shareholders, the history of airline mergers contains few positive notes.
The Dublin-based low-fare airline said that it planned to offer $1.65 (€1.30) per share for control of Ireland's flag carrier, which would represent a 39 percent premium over Tuesday's closing price of Aer Lingus shares on th...
In today's daily digest, the co-pilot in the Northwest overfly incident is casting blame on the Captain he flew with for missing their destination. Also, CanJet receives a true air taxi, Captain Sully auctions off his hat, Silv...