Cathay Pacific CEO Tony Tyler says when airlines last raised fares in 2008, most travelers kept on flying. But as Mideast upheavals send oil prices skyward and airlines hike fares again, the impact on the bottom line could be quite different.
This year's NFL championship will set records both for stadium attendance and for event fund-raising, and North Texas corporations haven't been shy to put out the welcome mat for their favored clients. How much will communities and local businesses score from the big game?
New technology is leading to changes in business relationships between airlines and online ticketing sites. It'll take a while for the new landscape to settle down, but the near-term result could be potential windfalls for some carriers -- and confusion for air travelers.
Travel startup Hipmunk has reportedly received $6 million in venture funding. The round could go a long way towards helping Hipmunk scale into a big player in the market.
Of all the industries that have achieved record profits recently, none have posted more remarkable results than the airline industry. For the first time in a decade, the industry is on a glide path to profitability -- but it's getting there by squeezing its customers.
Those irritating fees aren't going away, but over the next few years, some of them will be attached to new a la carte services that travelers may be happier to pay for. Think personal concierge services, intercity rail ticket sales -- and even in-flight spa treatments.
American Airlines has pulled its flights off of Orbitz after a dispute about how the travel site accesses the flight data. The move may make it harder for travelers to comparison shop, critics say. But Orbitz expects no loss of sales as a result.
When Virgin American offered traveler writer Randy Diamond the chance to upgrade his ticket to "Main Cabin Select" for a mere $500 more than the coach fare, he assumed it must be for a first-class seat. But what the airline is actually offering for that upgrade may surprise you.
American Airlines says it may pull its ticket listings off travel site Orbitz in December. But will it just be shooting itself in the foot?
Delta, US Airways and AMR, the parent of American Airlines, all posted higher-than-expected earnings for the peak summer travel season. Airlines have pushed fares up by limiting the number of seats for sale, and have also seen growing international and corporate travel.
American Airlines third-quarter revenue per seat mile is likely to see a double-digit increase from a year earlier, as the largest U.S. airline benefits from what appears to be a rebound in travel spending.
Don't believe the fairy tales United and Continental are spinning about their proposed merger being beneficial to travelers and carriers alike: Beyond the deal to bring Southwest to Newark Airport that they cut placate the antitrust watchdogs, this merger is all bad news.
American Airlines and Delta Air Lines both reported traffic increases for August, while Continental Airlines will recall 132 furloughed pilots, further indicating that air travel is on the rebound.
American Airlines was hit with a record $24.2 million fine by the Federal Aviation Administration on Thursday for failing two years ago to comply with mandatory safety rules.
New federal regulations intended to ensure you won't find yourself trapped for hours on a plane with no food or water have resulted in a new type of flight delay: Travel columnist Randy Diamond fell victim last week to this unintended consequence, which he calls "the granola bar wait."
United Airlines parent UAL Corp. and AirTran Airways will release their fourth-quarter earnings Wednesday, and both are expected to post improved results, helped by lower jet fuel costs and slower declines in demand.
Delta Air Lines reported a smaller fourth-quarter loss Tuesday, helped by lower fuel costs and declining restructuring charges, but results failed to meet Wall Street's earnings expectations by a few cents per share.
Southwest and Continental report quarterly earnings Thursday with investors keen to hear if the outfits will be adding back some capacity in 2010, an indication that the worst of the industry's downturn may be behind it.
