Southwest says it plans to continue its low-fare, no- or low-fee model once the acquisition of AirTran is complete.
Moody's downgrades the credit rating of Anglo Irish Bank. Unilever agrees to buy Alberto Culver for $3.7 billion. Southwest will acquire AirTran for $1.4 billion.
Fares are up and seats will be harder to come by this year.
One company has developed a new seat with less room and says airlines are considering it.
| Tags: | airlinesKim Peterson |
The Fed chairman says he'll backstop the economy, no matter what. Hewlett-Packard boosts its 3Par bid. Intel cuts guidance. United Air-Continental merger is OKd.
There are three reasons to like LAN Airlines' $3.7 billion purchase of TAM.
Going to a nude resort is one way to avoid paying the airline a checked-bag fee.
JetBlue reprises its 'All You Can Jet' pass with unlimited trips for a month. It's $699 if you fly Fridays and Sundays.
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