Samoa Airlines has opened XL seats for passengers that weigh more than 286 pounds and who will have to pay a fixed price per pound depending on the flight route.» Read More
Carry your own luggage to the plane, slide one pound ($1.65) into a slot to use the toilet while airborne, pay more charges for fuel, have staff working for free for one month.
Short of cash and unable to pay its bills, Kingfisher Airlines of India has had to take on debt from India’s government-owned banks, pledge assets in exchange for loan guarantees, postpone delivery of new planes and search for a foreign investor.
As crude marches higher the Airline Index has been taking it on the chin down about 6% in the last week. But not all airline stocks are created equal.
Stocks closed down Tuesday after opening slightly higher, following a report showing a rebound in housing starts. New building permits, a gauge of future building activity, rose 4 percent, the biggest gain since last June. Read and listen to what the experts had to say...
Day two of the Paris air show and Monday's terrible weather seems to have lifted. The question is has it lifted the mood of those here at Le Bourget?
Stocks logged their worst day in a month on Monday as a key manufacturing gauge came in weaker than expected and the dollar made a comeback. Treasury Secretary Timothy Geithner said the financial system was beginning to thaw but the recovery would be slower than usual and unemployment would likely keep rising. Read and listen to what the experts had to say…
Two years ago here at the Paris Airshow the sun was shining, the champagne corks were flying and the fizz was flowing as the orders rolled in for Airbus and Boeing. Wind the clock forward to now and the story is very different.
Stocks opened lower on Monday after a key manufacturing barometer showed factories continue to suffer in the slumping economy. And IMF chief Dominique Strauss-Kahn said that the worst may be yet to come for the global economic crisis. Read and listen to what the experts had to say…
This is the 100th Paris Airshow but the aviation industry has little to celebrate. The grey weather here at Le Bourget really sums up to mood of most CEOs in the industry and it's extremely unlikely that we will see the flurry of aircraft orders normally associated with the event. The tragic news associated with Air France 447 is also casting a long shadow and is likely to dominate many of Airbus' scheduled events.
Speculation that Airbus may have to ground its entire fleet of A330 aircraft due to safety fears is completely unfounded and the plane is among the world’s safest, Tom Enders, CEO of Airbus, told CNBC.
For the first couple of days after his flight ditched into the Hudson River, Paul Jorgenson was just glad to be alive. But then he started to need his laptop, his wallet, his car keys - all the essentials he had stowed under his seat and left behind in the sinking plane.
The private jet business suffered from a major contraction in the fourth-quarter of 2008, but is now on track for a record second-quarter, said Andrew Zarrow, CEO of V1 Jets International.
While legacy airlines are facing questions over viability they are missing the perfect time to change their model and lower fares, Ryanair CEO Michael O'Leary told CNBC Tuesday.
No doubt there's been a lot of tough talk around the kitchen table about summer plans this year. But when parents are looking at where to trim the household budget, there's one item that seems to be staying on the list: summer camp.
Even the best fares can come with buried disclaimers that can cost you big time.
As global stocks fell Thursday on concerns about the economic recovery after the Federal Reserve lowered its forecasts for U.S. growth for the next three years, safe-haven play gold rose. Experts tell CNBC the precious metal's price is likely to resume its upward climb.
Global stocks rose Wednesday as investors grew more optimistic about the global economy recovering. But experts interviewed on CNBC remain torn about whether this is a bear-market rally or a new bull market.
It's a traveler's market out there. Are you taking advantage?
The banking sector was one of the few sectors in the red Tuesday as investors remained cautious on the health of the system. Experts tell CNBC how to invest during the uncertainty.
After last week's gains, most global stocks were down Monday as weak corporate results tempered investors' optimism. Experts tell CNBC it's still a bear-market rally.