Stories by David Koenig

Monday, Aug 1, 2016

Unions seek ouster of Southwest CEO

DALLAS - Two major unions at Southwest Airlines are demanding that the carrier replace CEO Gary Kelly because of the technology outage that caused the airline to cancel or delay thousands of ...
By David Koenig

Friday, July 29, 2016

Exxon, Chevron record worst quarter in years

Cheaper oil is leading to the lowest summer gas prices in years, and it is causing heartburn for oil companies. Exxon Mobil Corp. reported its smallest quarterly profit in nearly 17 years - ...
By David Koenig

Saturday, July 23, 2016

Big US airlines see $3.9 billion quarter

FORT WORTH, Texas -Com­pared with their checkered track record, major airlines are enjoying boom times. Planes are full, and jet fuel is still much cheaper than it was last year. The four biggest U.S.
By David Koenig

Wednesday, May 25, 2016

Travelers to see higher costs, longer lines

DALLAS - Enjoy lower airfares while you can. Airlines are taking steps to push prices higher by next year. Fares have been dropping for more than a year. Taking inflation into account, the average ...
By David Koenig

Monday, May 2, 2016

Energy giants take stock after merger scuttled

DALLAS - Halliburton and Ba­ker Hughes, whose planned merger is the latest big deal to be shot down by antitrust regulators, now must pick up the pieces and shore up their companies during a ...
By David Koenig

Saturday, April 9, 2016

Find air fare, but check the fees

DALLAS - As families and individuals start to book summer travel, a debate is rising about whether airlines make it too hard to choose the most affordable options.
By David Koenig

Monday, April 4, 2016

Complaints of airlines rise

Traveler complaints jump­ed 34 percent last year, to the highest since 2000. The top frustration is problem flights including cancellations and delays, which is unchanged in 16 years.­
By David Koenig

Wednesday, March 2, 2016

Even as gas prices rise, drivers will save at pump

DALLAS — Gasoline prices have started their annual springtime migration higher, but motorists should still save money at the pump in 2016.
By David Koenig

Tuesday, Feb. 2, 2016

Exxon profits fall 58 percent in fourth quarter

Exxon's core exploration and production business lost money in the U.S. and international earnings plummeted by nearly two-thirds. It was the oil giant's smallest profit since the third quarter of ...
By David Koenig

Thursday, Jan. 21, 2016

Lower fuel prices are boosting airline profits

DALLAS - Lower fuel prices are boosting airline profits and leaving enough left over for passengers to get slightly lower fares.
By David Koenig

Sunday, Dec. 13, 2015

Average gas price expected to fall below $2 soon

Gasoline is close to breaking below a key psychological barrier as drivers enjoy some of the cheapest pump prices since the recession. For consumers, this winter is shaping up to be a good one, ...
By David Koenig

Monday, Oct. 26, 2015

FedEx predicts 12 percent increase in holiday shipments

Holiday crush: FedEx forecasts 12 percent rise in holiday shipments, new record for season.
By David Koenig

Wednesday, Sept. 16, 2015

FedEx 1st-quarter results mixed, lowers fiscal 2016 outlook

DALLAS - FedEx reported disappointing results for its latest quarter, and the delivery giant cut its full-year profit forecast on weaker demand for freight services and higher costs in its ground ...
By David Koenig

Saturday, Aug 15, 2015

There's no magic way to find cheapest airline tickets

Travelers dream of the perfect trick to find the cheapest airfare every time, every trip. There are theories, some of them backed up by real number-crunching - shop on a Tuesday, 57 days before ...
By David Koenig

Tuesday, Aug 11, 2015

Spirit Airlines runs late

DALLAS - If you get on a Spirit Airlines flight, there's a 50-50 chance that your flight will be late.
By David Koenig

Friday, July 24, 2015

American Airlines beats 2Q profit forecasts

FORT WORTH, Texas — Dramatically cheaper jet fuel helped American Airlines nearly double its second-quarter profit to $1.7 billion despite lower revenue.
By David Koenig

Wednesday, July 15, 2015

Delta soars on cheap fuel, but hints of a decline in fares

DALLAS — Delta Air Lines’ second-quarter profit nearly doubled, to $1.5 billion, as huge savings on fuel offset weak growth in revenue.
By David Koenig

Wednesday, June 17, 2015

FedEx reports weak quarter, disappointing outlook

FedEx Corp. reported a loss of $895 million, or $3.16 per share, in the quarter ended May 31, as results were dragged down by a change in accounting for pension costs.
By David Koenig

Monday, June 1, 2015

With airlines, boarding eats time, dollars

Airlines are trying to save time by speeding up a part of flying that creates delays even before the plane leaves the gate: the boarding process.
By David Koenig

Friday, May 15, 2015

CEOs of top US airlines unite to criticize Mideast rivals

Leaders of the three largest U.S. airlines are stepping up their criticism of Middle Eastern competitors that they say get unfair government subsidies.
By David Koenig
 
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