AirTran Airways announced that its shareholders approved its $1.4 billion sale to Southwest Airlines, with more than 98.6 percent of the votes cast and 77.5 percent of shares outstanding were voted in favor of the transaction.
Virgin America still maintains a clear edge; its product is competitive, and the vibe hasn't been replicated elsewhere. But other airlines are taking aim.
The World Trade Organization on Thursday announced that plane manufacturer Boeing received at least $5.3 billion in illegal U.S. subsidies, following a complaint by the European Union
On Thursday, the FBI arrested five suspects believed to have taken part in the infamous 1978 Lufthansa Heist at JFK, made famous in the film "Goodfellas".