United Airlines is getting tough on oversized carry-on bags, even sending some of travelers back to check their luggage for a fee.» Read More
Allegiant Air will begin charging passengers for carry-on bags that don't fit underneath the seat beginning Wednesday. One item is still allowed in the cabin free of charge. But if it's too big for the underseat area and requires overhead bin space, the new $35 fee will apply.
New airline disclosure rules don't go far enough, Spirit Airlines CEO Ben Baldanza told CNBC Thursday.
Cramer makes the call on viewers' favorite stocks.
Triple-A projects an almost 2% increase in air travel over the Thanksgiving period compared to last year. But not airline stocks are created equal.
So far this year, Alaska Air Group is the only major airline to show a share price gain for the full year. Through Wednesday's close, Alaska shares were up 13 percent year-to-date.
On Friday, Congress failed to approve the extension of a bill to keep the Federal Aviation Administration running. This mean the agency can no longer impose the various federal taxes that airlines add to the price of each ticket. Instead of passing this savings on to consumers, many airlines are keeping rates the same and pocketing the difference, the New York Times reports.
Despite all of the hoopla, when it comes to IPOs there is LinkedIn and Yandex. Then there is everybody else.
Stocks ended modestly higher after fluctuating in the final hour of trading as investors shrugged off further evidence of a slowing economy.
Stocks fluctuated in the final hour of trading as the Dow and the S&P 500 trimmed gains, but the tech stocks fueled a gain in the Nasdaq.
Stocks slumped, led by materials, after an unexpected gain in jobless claims and after a second reading on first quarter economic growth was reported as unchanged.
The second estimate for Q1 GDP remained at 1.8 percent growth—that is a disappointment. Almost everyone was expecting the revision to be at least north of 2 percent. Initial jobless claims, at 424,000, was above expectations, another disappointment.