The founders of AirAsia are sounding out investors to take the company private in a management-led buyout, people familiar with the matter said.» Read More
The American economy has lost out on a half trillion dollars in travel and tourism after the terror attacks on Sept. 11, 2001, led to tighter visa requirements for many foreigners.
The lack of a free market for U.S. airports has many industry analysts calling for a dramatic change—deregulation. But one recent attempt for privatization failed, leaving the concept up in the air.
It's the best time in years to sell your car. People are holding on to cars and trucks for about a year longer than they did before the recession, which has created a tight supply of used vehicles. So few are on the market that prices have risen to their highest in at least 16 years.
China’s high-speed railway system, the largest-ever transportation infrastructure project in history, is presenting opportunities for global investors, says Jerry Lou, China Strategist at Morgan Stanley.
With gasoline prices over $4 dollars a gallon in many states and pushing $5 in a few others, auto travel is much more expensive than a year ago.
The summer season is almost here and the Air Transport Association of America (ATA), estimates that an average 2.4 million people will fly every day this summer. Could investors benefit from an increase in travel demand?
The global travel industry is coming off of one of its worst downturns in history. Now, from corporate road warriors to families in minivans, people are on the move again. Check out our special report on the travel business.
With literally billions of miles chasing a scarcity of cheap seats, complaints are rampant. Ever-changing fees, blackout dates and other restrictions are adding to the discontent.
After putting the kibosh on travel spending during much of the economic recession, Corporate America is back out on the road, but look for the best growth rates in emerging-market regions.
Not only are hordes of internatonal tourists visiting the big name cities, a new generation of domestic travelers are discovering China's second- and third-tier cities.
Like other parts of the travel industry, eco-tourism was hammered by the global recession but is on the comeback trail, as operators expand beyond its traditional high-end core.
High energy prices, expensive air fares, natural disasters, security concerns, high unemployment and a weak dollar may all keep Americans at home. The question is whether it literally means their own home.
Whether you’re a leisure traveler or a corporate road warrior, you’ll find a wealth of mobile apps to help make your journeys more productive and enjoyable. The problem? There are about 350,000,
Everyone seems to be traveling these days and companies and consumers alike are using the Internet and social media more than ever.
High gasoline and airline ticket prices may deter some Americans, but it may may be time to break from the austerity of recent years.
Etihad Airways CEO James Hogan tells CNBC.com why the young airline’s geographic location, and fresh and modern approach is appealing to travelers.
To find out, Cramer spoke with Nordic American Tanker's CEO.
The definition needs to meet these parameters, Cramer said.
Herbjorn Hanson, Nordic American Tanker CEO, and Mad Money host Jim Cramer discuss the oil market and an oversupply of ships transporting that oil. Even thought the tanker market remains depressed, Cramer says, Nordic stands to benefit from others' pain.
Amtrak and rail projects in 15 states are being awarded the $2 billion that Florida lost after the governor canceled plans for high-speed train service, the Department of Transportation said Monday.