American Airlines, flight attendants fail to cut costs

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- American Airlines failed to agree on cost-cutting measures with its flight attendants' union, setting the stage for a judge to rule on voiding the contract for the bankrupt carrier, a subsidiary of AMR Corp, the union said in a statement late on Friday.

American Airlines, flight attendants fail to cut costs 2:53pm EDT

- American Airlines failed to agree on cost-cutting measures with its flight attendants' union, setting the stage for a judge to rule on voiding the contract for the bankrupt carrier, a subsidiary of AMR Corp, the union said in a statement late on Friday.

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United Continental plans Houston job cuts 31 May 2012

- United Continental Holdings will reduce flights and 1,300 jobs at Houston's biggest airport after that city gave Southwest Airlines approval to add international flights at a smaller airport in Houston.

FTC picks legal sharpshooter for U.S. probe of Google 31 May 2012

WASHINGTON - When the Federal Trade Commission recently intensified its probe of Internet giant Google, it hired the high-powered Washington lawyer who helped send Oklahoma City bomber Timothy McVeigh to the death chamber.

Lagardere surprise no-show at EADS election 31 May 2012

AMSTERDAM - French media magnate Arnaud Lagardere stayed away from his own election as the next chairman of Airbus parent EADS on Thursday, throwing an unexpected false note into a carefully arranged handover of control at Europe's top aerospace group.

U.S. Airways, TPG weigh joint bid for American's parent: sources 31 May 2012

NEW YORK - US Airways Group and private equity firm TPG Capital may team up to bid for American Airlines' parent, AMR Corp, according to people familiar with the discussions.

US Airways, TPG weigh joint bid for American's parent: sources 31 May 2012

NEW YORK - US Airways Group and private equity firm TPG Capital may team up to bid for American Airlines' parent, AMR Corp , according to people familiar with the discussions.

U.S., Boeing revamp terms of satellite terminal deal 30 May 2012

WASHINGTON - The U.S. Air Force and Boeing Co have agreed to convert a troubled program for next-generation satellite communications terminals to a lower-risk fixed-price contract from the current cost-plus terms, both said on Wednesday.

Takeover cements rise of JetBlue founder in Brazil 28 May 2012

SAO PAULO - The Brazilian airline started by JetBlue's founder took control of a smaller rival on Monday, locking up third place in a market that has seen a wave of consolidation prompted by high fuel costs and cooling demand.

BA-Japan Airlines joint business cleared 25 May 2012

LONDON - British Airways-owner IAG said its joint business with Japan Airlines had received competition clearance, allowing the pair to cooperate commercially on flights between Europe and Japan.

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