Warren Buffett's NetJets is putting 495 of its 3200 pilots on furlough effective January 15, as the Berkshire Hathaway subsidiary continues to cut back in the face of a slowdown in private corporate air travel.
We know what you’re thinking, the market needs a weak dollar to go higher. Well maybe not.
After a 30% drop in 30 days, should you be a buyer of Continental Airlines? The #1 airlines analyst says, yes!
Business air traffic is starting to stabilize, said Larry Kellner, CEO of Continental.
Following are the week’s biggest winners and losers. Find out why shares of Apple and Whirlpool popped while Barnes & Noble and the Amex Airline Index dropped.
Shares of Jet Blue closed lower on Thursday despite results that showed it was one of only a few airlines to make a profit last quarter. Buy the dip?
Last year, procrastinators were rewarded when they finally got around to booking flights for holiday travel. Back then, airlines were not prepared for the sharp falloff in travel and offered last-minute deals to fill up empty planes. This year? Dilly-dallying, even waiting just a few days, could carry a steep price.
The traders are closely watching action in Goldman Sachs after the financial bellwether rolled over and broke below $180.
Finally, some positive news from airlines, but what's next?
Craig Hodges, co-portfolio manager at The Hodges Fund & Hodges Small Cap Fund said he is optimistic on small cap companies and sees the next five years as “outstanding investment time.” He shared his insights on where investors should put their money.
Textron has rocketed 84 percent in less than two months, and traders apparently expect the aviation company to fly even higher.
Sometimes the smallest changes can net the biggest results. Find out what the airlines are doing that could be a game changer!
Stocks skidded Friday after a disappointing report on consumer prices and as consumers' mood took a turn for the worse. The Dow finished down about 50 points on the week, snapping a four-week winning streak.That snapped the markets four-week winning streak:
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.