DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. That is squeezing smaller low-fare carriers like Spirit Airlines, which filed for bankruptcy...
United Airlines on Tuesday reported that its third-quarter profit fell 15% from a year ago but revenue trends improved thanks to low-fare carriers scaling back their growth plans for the rest of the year. The Chicago-based airline’s directors, meanwhile, approved up to $1.5 billion...