Delta set to close refinery deal, begin maintenance: sources

NEW YORK (Reuters) - Delta Airlines is set to close its landmark deal to buy the Trainer, Pennsylvania, refinery on time later this month, allowing it to begin a long-delayed maintenance overhaul in early July, sources said on Tuesday.

Delta Airlines is set to close its landmark deal to buy the Trainer, Pennsylvania, refinery on time later this month, allowing it to begin a long-delayed maintenance overhaul in early July, sources said ...

(NEW YORK) — U.S. airlines were less likely in 2012 to lose your suitcase than at any other point in the last two decades, the government announced Tuesday. There were only 3.09 reports of lost, delayed or damaged baggage for every 1,000 passengers, the lowest annual rate since the Department of Transportation started tracking incidents in 1988. Airlines also improved their performance in getting planes to gates on time. Last year, 81.85 percent of flights arrived within 15 minutes of their scheduled time. That is the third highest rate since 1988. The record was set in 2002 at 82.14 percent.

(NEW YORK) — U.S. airlines were less likely in 2012 to lose your suitcase than at any other point in the last two decades, the government announced Tuesday. There were only 3.09 reports of lost, delayed or damaged baggage for every 1,000 passengers, the lowest annual rate since the Department of Transportation started tracking incidents in 1988. Airlines also improved their performance in getting planes to gates on time. Last year, 81.85 percent of flights arrived within 15 minutes of their scheduled time. That is the third highest rate since 1988. The record was set in 2002 at 82.14 percent.

By Helix Investment Management:In general, our investment philosophy is one that bypasses cyclical industries, such as energy or financials. We prefer to invest in companies with clear secular trends that go beyond economic cycles. One industry we have long avoided is airlines. Few sectors as a whole define the idea of cyclicality. This is an industry where competition for customers is fierce. It is capital-intensive. And the industry is at the mercy of the commodity markets.

By Stone Fox Capital:While Delta Air Lines (DAL) is set to become the world's 3rd largest airline when U.S. Airways Corp. (LCC) and AMR Corp (AAMRQ.PK) complete a merger later this year, the company could be set to profit the most from a slew of airlines mergers.

NEW YORK (Reuters) - Delta Air Lines' expected bid to buy a Penns

TRAINER, Pennsylvania (Reuters) - Delta Air Lines took the keys to the Trainer, Pennsylvania, refinery from Phillips 66 on Friday, becoming the first air carrier to wade into fuel production in a bid to bring down costs. The deal, which revived the shuttered 185,000 barrel-per-day plant and eased fears of a fuel supply shortfall in the U.S. Northeast, was finalized late afternoon, company officials said. ...