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Chinese airlines reported disappointing earnings in the first half of the year as surging fuel costs and unexpectedly slowing demand offset foreign exchange gains.

Southwest Airlines Cuts Flights 8/27/08 CBS 7 Staff August 27, 2008 (CBS 7 West Texas)
Southwest Airlines is getting rid of nearly two hundred flights on January eleventh thanks to high fuel costs. A company spokesperson says some of the eliminated flights could be restored late next year.

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Southwest Airlines Soars on Price-Target Boost, AMR Nosedives on Downgrade (Schaeffers Research)
A trio of airline stocks got a bullish nod from Citigroup analyst Andrew Light today, with price-target increases doled out to JetBlue Airways (JBLU: sentiment, chart, options) , Southwest Airlines (LUV: sentiment, chart, options) , and American Airlines parent AMR Corp...( Read More )

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