Hi, bevore the NEW YEAR is coming, some questions....not to leave the work in the next year:
1)what does "
creaking airline industry in Amerika" mean
"creaking" implies that the industry is no longer running smoothly
2) "a friendly
approach was rejected" It is about the hostile takeover launched by US Airways to Delta. Does approach = a try mean?
US Airways made an offer for Delta which was refused - they approached the Board with an offer
3)
to appeal to = to cater for
is attractive to the customer
4)
to emerge from bankruptcy = to come into existence, to come from
come out of bankruptcy - they have managed to stabilise their finanacial affairs
5)
to go ahead = to proceed, to move forward

6)
staggering = over
whelming (about having lost for about $35billion)
"staggering" implies unimaginable losses
7)"this year will
end up in profit" = to be finally
At the end of the year the company will show an operating profit
8) "next year it expects
significant operation profits as demand
picks up and cost savings
take effect, though restructuring costs will keep net results in the red.
significant = more, a lots of
a noticeably larger operating profit level
picks up = to raise
More like "increases"
to take effect = to be in effect
increasing demand and better economy are becoming a positive influence
in the red = in minus
costs of restructure are more than the amount of the operating profit, so yes, minus
9) concession ?
Need context
10) airlines
dodged = avoided 
the bankruptcy
bullet? metaphorical bullet - the airlines have avoided the potentially lethal dangers of bankruptcy 11) confidence= trust , assurance

12)
to rake in operation profit = to take a lots of profit?

13)
grim?
Need context
14)for their part = on the part of their site?
Their contribution
It is all, thanks