airplane

Why Fly? The Case Against Air Travel

It's bad enough that air fares and extra fees have been rising as fast as a plane taking off -- now, travelers must wonder if aircraft have been properly inspected. Are the costs, pains and risks of flying reaching the point where frequent fliers should reconsider their transportation choices?

Yes, Emerging Markets Still Hold Promise

The moods that dictate underlying prices can quickly swing from one extreme to the other and that creates opportunities for investors. For instance, the rush back to domestic markets is leaving opportunity on the table overseas again.

Delta Lowers Profit Guidance on Winter Storms

The storms last month not only inconvenienced travelers; they also cut into Delta Air Lines's profit, the company warned Wednesday. Delta has lowered its profit guidance by $45 million as a result.

Airline Passengers Now Get Stranded -- Even Before It Snows

Thousands of stuck holiday travelers are just the beginning: Airlines' new policy of pre-emptively canceling flights to avoid snowstorms is lowering their losses, but will likely leave many more passengers without a flight home in the future.

Skymark Airlines May Buy 15 A380s for International Flights

Japanese low-cost airline Skymark may buy as many as 15 Airbus A380s as it expands into international flights. The planes would be delivered starting 2014 and would initially fly to destinations including London, Frankfurt and New York, Bloomberg News reported. Skymark has already signed a memorandum of understanding with Airbus to buy four A380s.

Russia to Buy 50 New Boeing 737 New Generation Airliners

Russia will buy 50 new Boeing (BA) 737 Next Generation airliners in a deal worth $3.7 billion. Russian Technologies, a state-owned company that manages the government%u2019s stakes in 12 regional airlines, will buy the aircraft, The Associated Press said. The deal also gives Russian Technologies an option for another 35 jetliners.

United and Continental Shareholders to Vote on Merger

Shareholders of United%u2019s parent company UAL Corp (UAUA). and Continental Airlines (CAL) will vote today on a merger deal that would create the world%u2019s biggest airline. Results of the votes are expected later today, The Associated Press reported.

Factory Orders Rise, but Not as Much as Expected

Factory orders rose just 0.1% in July, the U.S. Commerce Department announced Thursday in a report that further clarified that the manufacturing sector's expansion slowed down this summer. While the statistic did indicate tepid growth, it was less than the 0.3% gain economists had predicted.

Will Passengers Pay for WiFi in the Sky?

Airlines plan to nearly triple the number of planes with in-flight Internet access this year, but fewer than one in 50 passengers currently pay for the service. When will WiFi revenues start to take off?

Orders for Boeing's 787 Jet Keep Falling

Boeing has had more canceled orders for its 787 jet than new orders now that aircraft-leasing company Dubai Aerospace Enterprise has stopped 25 orders in the past month.