Air Travel

Southwest Airlines agreed to buy AirTran this week for $1.4 billion.

NEW YORK - Southwest's decision to buy AirTran will mean more routes and fewer delays and cancellations in small cities but higher fares in the Northeast and perhaps the end of the super-low sale fare.

DALLAS - Leisure travelers turned Southwest Airlines Co.

NEW YORK - Southwest agreed to buy AirTran in a $1.4 billion deal that will combine two of the country's largest low-fare airlines and give Southwest a bigger slice of the market in the Northeast and in Atlanta, the busiest hub in the nation.

FLYING HIGH: Air New Zealand's annual profit jumped almost fourfold as the carrier posted smaller losses on fuel hedging contracts and cut costs, offsetting subdued demand for air travel.
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