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After merger, American Airlines and US Airways post first-quarter profit of $480 million

DALLAS - American Airlines is making money again and beating expectations after its merger with US Airways. The company posted earnings of $480 million Thursday, a record for the first quarter, which is usually the weakest three-month period for airlines during the year. As separate airlines, American and US Airways lost $297 million a year earlier.

China's Shandong Airlines orders 50 Boeing planes for $4.6 bn

Shandong Airlines, one of China's smaller carriers, said it has agreed to buy 50 passenger planes from US manufacturer Boeing for $4.6 billion, in another sign of the country's growing demand for air travel. The company signed a deal on Monday to purchase 16 Boeing 737-800s and 34 Boeing 737 MAX planes, a statement said, in a drive to grow its fleet for future business expansion.

US Airways investigating pornographic tweet sent to complaining customer

By Curtis Skinner (Reuters) - US Airways said it was investigating a pornographic tweet on Tuesday sent on its Twitter account in response to a customer complaint about a flight delay, which went viral on social media. US Airways issued an apology on Monday immediately after deleting the tweeted photograph of a naked woman lying on a bed with a toy airplane between her legs, said Davien Anderson, spokesman for US Airways.

Winter storms foul airlines' on-time performance, but no tarmac delays over 3 hours

DALLAS - The bad news for travellers is that U.S. airlines posted terrible on-time numbers and record cancellations in February, as winter storms fouled operations at several large airports. The good news is that no U.S. flights were stuck on airport tarmacs for more than the three hours, the limit set by federal rules. The U.S. Department of Transportation reported Thursday that only 70.7 per cent of domestic flights arrived within 14 minutes of schedule — that's the leeway allowed while still being counted as on-time.

Lufthansa says agrees to further talks over pilots' benefits

FRANKFURT (Reuters) - Germany's largest airline Deutsche Lufthansa AG <LHAG.DE> said on Thursday it has agreed with pilots' union Vereinigung Cockpit (VC) to hold further talks over pay and benefits. The union, which represents most of Lufthansa's 5,400 pilots, staged a three-day strike last week - the longest walkout in the airline's history - to underline their demands over a retirement scheme. (Reporting by Ludwig Burger, editing by Edward Taylor)

Air Canada CEO got $7.8 million compensation in 2013; airline to launch Wi-Fi

MONTREAL - Air Canada's chief executive received more than $7.8 million in compensation last year as he oversaw a dramatic turnaround in the airline's financial performance and share price.

Lufthansa, Austrian halt Libya flights; airport road blocked

By Julia Payne and Ulf Laessing TRIPOLI (Reuters) - German airline Lufthansa and its subsidiary Austrian Airlines have halted flights to Libya indefinitely due to security concerns after a bomb at Tripoli airport two weeks ago, a Lufthansa spokesman said on Monday. In March, a bomb exploded on the main runway at Tripoli, highlighting the deteriorating security situation in the North African country.

Airline quality report shows improvement on customer complaints

(Reuters) - U.S. airlines received fewer complaints from passengers last year but did a worse job handling baggage, a study has shown. The annual national Airline Quality Rating (AQR), which ranks airlines on several metrics based on U.S. Department of Transportation figures, also found that carriers had a lower bumped passenger rate but worse on-time performance in 2013 compared with 2012. The annual study is conducted by researchers at Wichita State and Embry-Riddle Aeronautical universities.

Pilots' strike to cost Lufthansa 35-75 million euros

FRANKFURT (Reuters) - Lufthansa <LHAG.DE> said the three-day walkout by pilots that has effectively grounded Germany's largest airline would cost it in the region of 35-75 million euros, although it would take a few more days to calculate the final amount. The airline also called on the pilots to come back to the negotiating table, although said it would not be putting forward a new offer.

Air Canada shares gain more than 20 per cent after updating outlook

MONTREAL - Air Canada's shares surged more than 20 per cent Friday to its highest level in nearly two months after the company upgraded its outlook for the first quarter and said it expects a strong summer season. The airline said it has done a better than expected job at offsetting the impact of a lower Canadian dollar and winter weather disruptions by increasing revenues and lowering costs.
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