Expedia makes-up with American Airlines

Expedia Inc. (NASDAQ:EXPE)

American Airlines' AMR Corp. (NYSE:AMR) and Expedia Inc. (NASDAQ:EXPE) have kissed and made-up.  They reached a memorandum of understanding to resume doing business together, effective immediately.

At the Close: AMR Corp., DSW Inc. and MGM Resorts

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AMR Corp. (NYSE:AMR) rallied 4.5 percent to $8.21 after climbing to $8.38, the highest intraday price since June 21.

The Bullish Case for JetBlue Airways (JBLU)

JetBlue Airways Corp. (NASDAQ:JBLU)

JetBlue Airways Corp. (NASDAQ:JBLU) shares are on a tear today, up 7%+ thanks to some kind words from Barron's.  JetBlue shares have gained 15% in the past 30 days, finally breaking clear of the $6 level.

Layoffs for American Airlines (NYSE:AMR)

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After cutting flights, American Airlines will lay off up to 175 pilots starting next month. 

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