Nearly 60,000 passengers were bumped from U.S. flights last year, leaving about $450 million in potential compensation on the table.» Read More
Take a look at some of Monday morning's early movers:
Remember that YouTube video by a guy who sang a song about United Airlines breaking his guitars? Well, now he’s turned his viral fame into a business — the business of helping other victimized customers get their complaints heard, too.
Take a look at some of Thursday morning's early movers:
The carbon offset market enables business travelers to balance their impact on the planet by purchasing tax-deductible credits toward a project that reduces carbon dioxide emissions elsewhere.
Wall Street kept its perfect streak in 2012 alive, closing solidly higher as investors looked to move beyond Europe's debt problems and gave U.S. banks a vote of confidence.
US stock index futures pointed to a higher open on Wall Street on Tuesday tracking European markets and buoyed by a positive outlook from US aluminum giant Alcoa after the bell on Monday.
A holiday rally on Wall Street grew more remote Monday, as a familiar pattern of a higher open followed by selloff drove a 1 percent loss in stocks, with the worst of it confined to the ailing banking sector.
The airlines are always a curious trade, and now the bulls are going after Delta Air Lines.
TheStreet.com details a handful of U.S. equity mutual funds, each with more than $2 billion in assets, that have sunk to the bottom rungs of the performance ladder in their fund category in 2011.
Pete Najarian always watches options trading to determine what’s on the move. And the latest action suggests an airline could take off.
Wall Street opened on a negative note Wednesday as the euro continued in freefall, dampening hopes for an end-of-year rally.
Stocks closed mixed Tuesday, with the Nasdaq ending lower and the S&P failing to end above a key technical level despite earlier optimism over a meeting of EU finance ministers and a better-than-expected consumer confidence report.
AMR's Chapter 11 bankruptcy protection filing shows airline industry deregulation was a mistake, said former chief executive Robert Crandall.
While other industries remain mired in red ink amid the global recession, Boeing and Airbus, the two largest aircraft manufacturers, are entering a period of unprecedented growth.
Despite being profitable in 2011, the airline industry is bracing for turbulence in 2012. The combination of major tax increases and fuel prices that are widely expected to rise means there could be rougher skies ahead for the carriers. Passengers, as well, will likely face fewer frills, fewer route options and notably higher prices.
Stocks kicked off the new month and quarter with a thud Monday, led by financials, as worries over Greece continued to spook investors and overshadowed a pair of better-than-expected economic news. The Dow and S&P closed at their lowest levels in over a year.
The stock of American Airlines parent company AMR tumbled Monday, at one point falling nearly 40 percent, on renewed concerns that the carrier could be headed for bankruptcy protection.
The main story Friday morning is in Europe, not in the U.S. or with President Obama's speech. The European Central Bank is again buying Italian and spanish bonds, though the purchases appear to be modest.
The coming of Hurricane Irene may be a threat to the average person but to the airlines it's a nonevent, Dahlman Rose airline analyst Helane Becker told CNBC Friday.
Goldman Sachs lowered expectations for Ford and JPMorgan offered a dim outlook for AMR and other airline stocks this week.