Save Millions: Ground Gas Guzzling Planes?

Crippled By Fuel Prices, Airlines Report Billions in Losses Brace yourselves for a rough landing. It's getting ugly for the nation's airlines. Financial reports released by American and Delta airlines, followed by Continental and other airlines, will give travelers and investors a closer look at the health of the airline industry. This morning, Delta Airlines reported a $1.0 billion net loss for the second quarter while American reported a net loss of $1.4 billion. Financial reports also scheduled for release Thursday by Continental and other carriers next week will give travelers and investors a closer look at the health of the airline industry. With carriers paying higher prices for jet fuel than ever before, quarterly earnings reports could also reveal which airlines are most in danger of taking a nosedive. Excluding... [read full story]