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Transportation: Leisure


  • May going to be bottom for airlines: Pro   Monday, 1 Jun 2015 | 9:49 AM ET
    May going to be bottom for airlines: Pro

    Helane Becker, Director / Transportation Analyst, Cowen & Co., discusses what it will take for airlines and the transportation sector to rebound as it enters the third consecutive negative month.

  • Malaysia Airlines 'technically bankrupt': CEO Monday, 1 Jun 2015 | 4:04 AM ET

    The newly appointed chief executive of loss-making Malaysia Airlines said on Monday that the carrier is "technically bankrupt."

  • EU's Juncker skeptical over planned German car toll Monday, 1 Jun 2015 | 2:44 AM ET

    BERLIN— The head of the European Union's executive Commission says it has "significant doubts" as to whether Germany's plan for a highway car toll to raise money from foreign drivers complies with EU law. Germany's parliament in May approved the toll plan, a much-criticized pet project of the smallest party in Chancellor Angela Merkel's governing coalition.

  • NEW DELHI, June 1- Prime Minister Narendra Modi's reformist, but hard-up government has begun a splurge on road and rail building that analysts say could remove doubts over whether economic growth in India really is overtaking China. Having roughly doubled spending allocations for roads and bridges in fiscal 2015/ 16, and raised the rail budget by a third, Modi...

  • Spirit CEO: More seats, lower fares   Friday, 29 May 2015 | 3:22 PM ET
    Spirit CEO: More seats, lower fares

    Ben Baldanza, Spirit Airlines President & CEO, discusses the summer forecast for flights, and the cheap fare strategy behind the airline.

  • Eastern Airline flying again   Friday, 29 May 2015 | 1:57 PM ET
    Eastern Airline flying again

    CNBC's Phil LeBeau reports it will be at least a year before we see commercial flights with Eastern Airlines.

  • BILLINGS, Mont.— U.S. transportation officials are extending an order for railroads to notify states about shipments of hazardous crude oil shipments. Trains hauling crude from the Bakken region of North Dakota and Montana have been involved in multiple fiery derailments in recent years, including a 2013 derailment that killed 47 people in Lac-Megantic,...

  • The project includes developer Skanska USA Inc., architecture and engineering company HOK and financial firms Morgan Stanley and Citigroup Inc. The work is expected to be completed by 2021 at a cost of $3.6 billion, according to the Port Authority's capital plan. "For too long, LaGuardia has been the stepchild of our region's airports compared to JFK and Newark...

  • Railroad bridge fire and collapse ruled accidental Thursday, 28 May 2015 | 12:00 PM ET

    INTERNATIONAL FALLS, Minn.— Canadian National Railway officials are working around the clock to rebuild an old wooden railroad bridge that burned and collapsed near Minnesota's northern border. Koochiching County Sheriff Perryn Hedlund says officials started removing debris from the bridge and three train cars hours after the bridge caught fire and then...

  • ABOARD THE EMPIRE BUILDER, May 28- Its passengers are mostly silver-haired retirees, oil-field workers and a few young families gazing out the windows of Amtrak's least-profitable and third-longest line, rumbling from Chicago through eight states and on to the American West Coast. A coach ticket between Spokane, Washington and Williston, capital of North...

  • FCC takes aim at annoying telemarketing calls Wednesday, 27 May 2015 | 3:01 PM ET

    The head of the Federal Communications Commission circulated a proposal Wednesday designed to close loopholes, reaffirm current anti-robocall rules, and encourage wireless and wireline carriers to do more to fight against unwanted telemarketing calls and spam text messages to consumers. "We are giving the green light for robocall-blocking technology,"...

  • Transports red flags   Wednesday, 27 May 2015 | 2:02 PM ET
    Transports red flags

    Digging into the woes setting up for the transport companies, with Donald Broughton, Avondale Partners, and Brandon Oglenski, Barclays.

  • Fears about airline stocks   Wednesday, 27 May 2015 | 2:00 PM ET
    Fears about airline stocks

    Investors are concerned about capacity growth for airlines, reports CNBC's Phil LeBeau.

  • Trucks aren't bare-bones workhorses anymore and GMC's new Sierra HD All Terrain pickup proves it. With standard fancy chrome wheels, leather-trimmed seats with accent stitching, standard four-wheel drive, technology that reads text messages to you and turns the truck into a Wi-Fi hotspot, the 2015 Sierra HD All Terrain pickup is a modern workman's command...

  • Philadelphia eyes 27-acre property for airport expansion Wednesday, 27 May 2015 | 11:48 AM ET

    PHILADELPHIA— The city is hoping to purchase a 27- acre property on Route 291 in Delaware County as part of a long-range expansion of Philadelphia International Airport. The Philadelphia Inquirer reports an ordinance was introduced in city council paving the way for the city-owned airport to buy International Plaza, which has two office buildings that were...

  • NEW YORK— Subway service was disrupted for hundreds of thousands of commuters Wednesday because of a massive theft of copper cable from train tracks, transit officials said. The theft of 500 feet of cable forced the Metropolitan Transportation Authority to suspend train service entirely between the Rockaway Boulevard and Broad Channel stations in Queens...

  • The plane was inspected and its passengers' luggage was screened as EVA Air Flight 12 sat on the tarmac at the airport, but there was no evidence of a threat, FBI spokeswoman Laura Eimiller said. The FBI, airport police and the Los Angeles police bomb squad jointly investigated the threat, which came by telephone. In one case, U.S. military jets escorted an Air France...

  • How to compete against Uber and Lyft   Tuesday, 26 May 2015 | 2:51 PM ET
    How to compete against Uber and Lyft

    As ride-hailing apps become more popular, medallion owners are struggling to make their investments pay off.

  • Sinkhole closes runway at big transit hub Tuesday, 26 May 2015 | 12:26 PM ET
    Delays and cancellations at DFW Airport on the first day of FAA furloughs were minimal, but the ripple effect from other airports nationwide could affect operations.

    A sinkhole has closed a runway at Dallas/Fort Worth International Airport, which may delay flights at one of the busiest airports.

  • UPDATE 1-Sinkhole closes runway at DFW airport Tuesday, 26 May 2015 | 11:12 AM ET

    May 26- A sinkhole has closed a runway at Dallas/Fort Worth International Airport, which may delay flights at one of the largest transit hubs in the United States. American Airlines Group Inc, which operates more flights from the airport than any other airline, has seen "no operational impact," according to spokesman David Magaña. The U.S. Federal Aviation...