Airlines Roundup: Carriers Slash Fuel Surcharges

Some major airlines have begun cutting the fuel surcharges they impose on flights between the United States and Europe, the Associated Press reports. The move comes in response to falling oil prices worldwide.

-Southwest Airlines announced its first capacity cuts in 23 years--and also reported its first quarterly loss in 17 years, according to USA Today.

-The Federal Aviation Administration could save U.S. airlines up to $10 billion a year if it were to implement a "NextGen" satellite-based air-traffic-control system that would streamline flight routes across the country, the AP reports. But adoption of the NextGen system, which would cost about $35 billion, has been stalled in part because of funding delays and the complexities of the switchover.