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.
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.
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.
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.
Even the best fares can come with buried disclaimers that can cost you big time.
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.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.