The skies will be considerably less crowded this summer, with the Air Transport Association projecting a 7% decline in air travel compared to last year.
Fewer air travelers are expected for the upcoming holiday season compared to last year, but planes will still be crowded because the airlines are cutting back on flights, according to industry reports.
Most of the major airline stocks took a dive during Thursday afternoon trading, as the price of oil - the industry's greatest obstacle - surged more than $5.
Speculation by financial traders is causing a substantial boost in crude oil prices, according to a group of big consumers of oil now asking Congress to impose limits on commodity markets.
How do you charge consumers for something they are accustomed to getting free? That's the marketing dilemma American, United, and US Airways have been dealing with since they recently instituted a $15 fee for a passenger's first checked bag. Sadly, the way the airlines have pitched this revenue grab in the face of crushing fuel costs is a textbook case of how not to spin a surcharge.
The skies will be considerably less crowded this summer, with the Air Transport Association projecting a 7% decline in air travel compared to last year.
Fewer air travelers are expected for the upcoming holiday season compared to last year, but planes will still be crowded because the airlines are cutting back on flights, according to industry reports.
Most of the major airline stocks took a dive during Thursday afternoon trading, as the price of oil - the industry's greatest obstacle - surged more than $5.
Speculation by financial traders is causing a substantial boost in crude oil prices, according to a group of big consumers of oil now asking Congress to impose limits on commodity markets.
How do you charge consumers for something they are accustomed to getting free? That's the marketing dilemma American, United, and US Airways have been dealing with since they recently instituted a $15 fee for a passenger's first checked bag. Sadly, the way the airlines have pitched this revenue grab in the face of crushing fuel costs is a textbook case of how not to spin a surcharge.
As the battered airlines cut flights to save on fuel-related costs, passengers can bid bon voyage to discount flights to sunny vacation destinations like Florida, experts say.
With airlines cutting out extras and charging for things that used to be free - like checked baggage - passengers are wondering what they'll pay for next.
Domestic flight delays cost the industry and passengers $40.7 billion in 2007, according to the Joint Economic Committee from the House and Senate, which released a report Thursday.
Passengers can expect to pay higher ticket fares this summer because of soaring fuel prices. But even that may not be able to save many small airlines from going under.
Planes crisscrossing the East Coast were given access to military airspace Wednesday afternoon, a handy accommodation as fog and winter weather threaten to make one of the year's busiest travel days even more tedious.
Prompted by parents' complaints about sex and violence in inflight movies, two congressmen introduced legislation Tuesday calling for airlines to create kid-friendly zones on planes.
If airlines don't improve on record flight delays, the federal government will impose its own solutions, the outgoing Federal Aviation Administration administrator warned Tuesday.
Hotel loyalty programs have come a long way since they were introduced a quarter century ago by Holiday Inn. Initially viewed as the ugly stepsister of airlines' frequent-flier plans, they have shed their dowdy image, and points have become highly desirable.
Airlines would have to triple compensation for passengers involuntarily bumped from flights under one proposal being considered by U.S. transportation officials.
More than 200 million people will take flights this summer, the busiest travel season in more than five years, according to the Air Transport Association. All the more reason to take every advantag...
That sound you hear coming from airline lobbyists is not a sigh of relief, even though Congress has decided to provide some aid and comfort to the beleaguered business. It is a death rattle. The av...
Take a look at airline stocks, and things appear bad enough: Shares of many major carriers have fallen more than 70% this year. But if you look at what the bond market is saying, the entire industr...
When you buy a ticket for just about anything--from a Motley Crue concert to a seat on a Greyhound bus--you're free to use it yourself or give it away to anyone you choose. That's the way tickets w...
Friendly skies? Fiendish skies is more like it. As 1995 takes off, the U.S. airline industry is lumbering away from what looks like its fourth straight year of monumental losses. The red ink since ...
MAYBE HELL is customized, a place where errant souls endure the very torments they most feared on earth. If so, and if you happen to fly a lot, your version of eternal damnation may go something li...
I just flew in from the Coast, and gee, are my wings tired. They should be: Many of America's 4,000 flying commercial planes are over two decades old. The average age of TWA's fleet is a hoary 18.8...
A PLANE RIPS open like a sardine tin in mid-flight, spilling an unfortunate stewardess to her death. Just about every aircraft you board seems packed. Just about every flight seems late. The attend...
First-class flying has hit a downdraft in the U.S. In the first flush of deregulation, airlines piled on amenities, from caviar to free helicopter flights between airport and downtown, in a competi...
The page you requested cannot be found. The page you are looking for might have been removed, had its name changed, or is temporarily unavailable.
Please try the following:
• If you typed the page address in the Address bar, make sure that it is spelled correctly.
• Open the www.cnn.com home page and look for links to the information you want.
• Use the navigation bar above to find the link you are looking for.
• Click the Back button to try another link.
• Enter a term in the search form below to look for information on CNN sites or the Internet.
Video
