As the summer flying season begins, some analysts are getting bullish on airlines with healthy balance sheets like Continental Airlines. Jet fuel prices have declined by more than half from the same time last year -- when the company lost $585 million -- and some say the 51% drop in its stock this year is an overcorrection.
One person credits bad weather and the other a long line.
The pilots of a commuter airliner that crashed late Thursday about 6 miles from a Buffalo, New York, airport discussed "significant ice buildup" on the plane's wings and windshields before the plane plunged to the ground, killing 50.
Among those lost was a 9/11 widow en route to celebrate her late husband
The Continental Airlines plane that crashed in Clarence Center, New York, late Thursday is one of several major incidents over the past two months.
A problem with the landing gear, tire or brakes may have caused a Continental Airlines jet to veer off a runway into a 40-foot-deep ravine during its takeoff at Denver International Airport, a source told CNN Monday.
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.
Airline stocks went sky-high on Friday, as oil prices - the industry's nemesis - plunged to three-month lows.
Hundreds of grounded planes. Thousands of lost jobs. Nearly two dozen price hikes. Record oil prices have battered the airline industry, and Wednesday the airlines called on Congress to act.
The U.S. military will open up airspace for commercial air travel during the Independence Day weekend to relieve congestion, the U.S. Department of Transportation said Wednesday.
As the summer flying season begins, some analysts are getting bullish on airlines with healthy balance sheets like Continental Airlines. Jet fuel prices have declined by more than half from the same time last year -- when the company lost $585 million -- and some say the 51% drop in its stock this year is an overcorrection.
One person credits bad weather and the other a long line.
The pilots of a commuter airliner that crashed late Thursday about 6 miles from a Buffalo, New York, airport discussed "significant ice buildup" on the plane's wings and windshields before the plane plunged to the ground, killing 50.
Among those lost was a 9/11 widow en route to celebrate her late husband
The Continental Airlines plane that crashed in Clarence Center, New York, late Thursday is one of several major incidents over the past two months.
A problem with the landing gear, tire or brakes may have caused a Continental Airlines jet to veer off a runway into a 40-foot-deep ravine during its takeoff at Denver International Airport, a source told CNN Monday.
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.
Airline stocks went sky-high on Friday, as oil prices - the industry's nemesis - plunged to three-month lows.
Hundreds of grounded planes. Thousands of lost jobs. Nearly two dozen price hikes. Record oil prices have battered the airline industry, and Wednesday the airlines called on Congress to act.
The U.S. military will open up airspace for commercial air travel during the Independence Day weekend to relieve congestion, the U.S. Department of Transportation said Wednesday.
Passengers are more dissatisfied with airlines' customer service than they have been in years at a time when carriers are charging more and more for tickets and services
United Airlines and US Airways are in very advanced talks towards a merger and an announcement is expected within two weeks, according to a source familiar with the negotiations.
Stocks futures edged higher early Monday, lifted by a possible $22 billion deal for chewing gum giant Wrigleys, but investors were cautious ahead of this week's Federal Reserve meeting.
This month, CNN Business Traveller is on board the first transatlantic flight to London Heathrow under the new Open Skies treaty between the E.U. and the United States.
Investors will apparently be on recession watch again Friday as they await a new set of readings on the economy before making a move on the day ahead of a long-holiday weekend.
Dear FSB: I own a cleaning business, and I would love to clean airplanes - how can I apply to get contracts?
Massachusetts State Police arrested a 19-year-old MIT student Friday at Boston's Logan International Airport after receiving a report that a woman had what appeared to be a bomb strapped to her chest.
NEWARK, N.J. (AP) -- The New Jersey Sports and Exposition Authority said Tuesday it is hunting for a new firm to put its name on the Meadowlands arena after being informed by Continental Airlines that it has decided to opt out of its naming rights deal.
If you need to contact the following airlines, a comprehensive list of Web links is below. Asia Europe Middle East-Africa North America Pacific Central-South America Airline alliances
Continental Airlines and its pilots union have agreed to start early talks on changes in the non-economic portion of their contract at the request of the union - a relatively rare union victory in the battered airline industry in recent years.
Northwest Airlines is seeing about one out of eight flights cancelled due to lack of flight crews in recent days, as the pilots union steps up attacks on management that could signal problems ahead for the airline and its customers.
The following stocks were among the most actively traded on Monday morning:
A member of the House transportation committee, urged more regulation of airline service in a hearing Friday, as committee members expressed frustration with the Federal Aviation Administration and the airline industry over remedies for extended delays, confusion and inconveniences passengers have endured.
The following are some of Thursday's most actively traded stocks:
The Centers for Disease Control and Prevention on Monday released passengers on board a flight from Hong Kong after determining that the flu-like symptoms in some of them were normal.
The following shares were among the most actively traded Thursday:
My serious playoff action on the road began with a lonely trip to Indianapolis and ended in the rain in Miami. Why was the Indy trip lonely? Because usually the Flaming Redhead makes these journeys with me, at least to the Championship round, but there were one-thousand-one-hundred-and-forty-eight reasons why she didn't make this one. That's right, $1,148 was what Continental Airlines wanted, round trip from Newark, when you don't book at least a week in advance.
Airline delays increased sharply to record levels in 2006, according to a published report.
Technology led a bigger market selloff Monday afternoon, as investors shrugged off a turnaround in oil prices and opted to bail out of a variety of sectors.
Long overshadowed by its southern neighbor, Bonn, the ancient Roman city of Cologne has recently emerged as the Rhineland's cosmopolitan star.
Here are some of the companies whose shares were active in late trading on Wednesday:
Stocks bounded higher Tuesday after a surprisingly strong retail sales report and more news of potential airline consolidation.
Stocks were poised for a big start on talk of a new round of airline mergers and a strong reading on spending by consumers.
In 2003, back when Continental Airlines was losing its shirt, Gordon Bethune, its salty CEO, got sick of hearing that upstarts like JetBlue had created a new business model that would bury the indu...
When things go wrong, how should you complain? Travel experts and Budget Travel readers weigh in.
Stocks of major U.S. airlines tumbled in early trading Thursday after the arrest of 21 people in Britain accused of plotting terrorist attacks on trans-Atlantic flights, then rebounded by midday.
Continental Airlines ranks no. 207 on this year's list of the FORTUNE 500, with $11,208 million in revenues, up 15% from the previous year. The Houston-based company was ranked no. 232 on the 2005 list. Its 2005 profits were -$68 million.
After six years and billions in losses, many of the country's biggest airlines are poised to climb out of the red and start making money again.
The highest compliment is to be admired by one's peers. So rising to the top of one of the 28 industry groups in the World's Most Admired Companies rankings is good reason to break out the champagn...
Airlines are using uncertified workers for critical maintenance work, which operate without enough oversight of either the carriers or the Federal Aviation Administration, according to an agency investigation.
The former head of the Concorde program is reported to have been put under judicial investigation for manslaughter in the case looking into the 2000 crash of the supersonic jet that killed 113 people.
Southwest Airlines' profits jumped 41 percent in the second quarter despite a sharp rise in fuel costs -- a surprisingly strong performance that sparked a rally in the low-fare carrier's stock.
Continental Airlines says it has been placed under investigation by a French magistrate judge for the suspected role played by one of its jets in the July 2000 crash of the supersonic Concorde that killed 113 people.
Judging by the huge white bandage plastered on his forehead, the Continental Airlines employee in his blue-and-gold epauletted shirtsleeves needed some medical attention. But he was lucky. Because ...
Stocks crept higher early Thursday, supported by sliding crude oil prices and a surprise drop in jobless claims.
Two baggage screeners have been reassigned pending the outcome of a federal investigation into how a bag containing a simulated bomb made its way aboard a Continental Airlines flight bound for Holland, a Transportation Security Administration official said Friday.
Earlier this year my wife and I flew into Newark Airport on a Continental Airlines flight from Madrid. We had less than two hours to make a connecting flight to San Francisco, but 70 minutes later ...
If you've ever placed a call to any big company's customer service department, you've heard the caveat: "This call may be monitored for quality assurance purposes." But is anyone really listening? ...
Many business travelers now book air tickets and car hire on the Internet, print out their own boarding passes or use check-in kiosks at airports and hotels.
United Airlines is trying to raise its fuel-surcharge by $5 a flight, less than a week after a fuel-inspired $10 fare hike was dropped by most major carriers.
With new threats of bankruptcies, and appeals for labor concessions and government assistance, the nation's major airlines are facing a crisis that may well spell the end for one or more carrier in the next few years, according to industry executives and experts.
Continental Airlines Inc., the nation's fifth largest commercial carrier, said Friday it increased fares on domestic tickets to offset higher fuel costs.
Whenever I teach executive seminars on the importance of building a great company culture, I spend most of the time, strangely, listening to reasons the participants are so reluctant to give it a try: Changing the culture takes too long. People don't like change. It requires too much time from top management. Seems risky -- I don't see the payoff.
The specter of a biological attack was raised Sunday as a possible reason that a handful of transatlantic and domestic flights were canceled this weekend.
Whenever I teach executive seminars on the importance of building a great company culture, I spend most of the time, strangely, listening to reasons the participants are so reluctant to give it a t...
The economy is looking up--finally--but let's face it: A rebound only changes the kind of problems you encounter. Competition doesn't stop. Neither do cost pressures, disruptive technologies, or th...
We're trying to reestablish the concept that if you pay more, you get more, which is kind of a novelty in our business. After 9/11, our competitors took food off the airplane, they took off pillows...
There I sit, at yet another board meeting, listening to an executive drone on about sales strategy and product strategy as he points to slick overheads filled with analyses of potential markets and...
IPOs, as bankers like to say, have two classic enemies: uncertainty and volatility. On Sept. 11, a supply of both flooded the market.
A friend of mine was among the casualties of the first Bush's recession--the diplet that followed the Gulf war. She had been working for a small technology consulting firm. When it failed to leap q...
Every even-numbered year, the aerospace industry braves congested country roads, bad food, and exorbitant hotel prices to congregate for several days at an old RAF airfield outside London for the b...
Feel as if you're paying more for air travel and getting less? You are. Airfares keep going up for business travelers (17% over the past year), but cost cutting means you probably ride in the back ...
So you want your employees to be more productive. Well, forget about the key to the executive washroom and the prime parking spot. Just cough up some more cash.
CHECK YOUR IN-BOX Some CEOs who attended a July luncheon with President Clinton are steaming because of a letter they later received from House Minority Leader Bob Michel and 90 other House Republi...
Is the U.S. airline industry headed for another suicidal fare war? Last summer a 50%-off sale filled the sunny skies, and the players are still smarting from the losses. America West Airlines and N...
Hollis L. Harris, Continental Airlines' eighth CEO in eight years, tried to keep his company aloft on a wing and a prayer. Literally. He attempted to expand its routes and in August, the day before...
Hold on to your seats. Airline shares are throttling up. Since last September the S&P index of airline stocks is up 35%, vs. 23% for the S&P 500-stock index. As security analysts see it, that's jus...
Filing for protection from creditors under the bankruptcy code used to be akin to contracting a social disease. Not anymore. Says Thomas J. Salerno, a partner at Streich Lang, the Phoenix law firm ...
The nail-biting crash landing of Piedmont Airlines flight 1489 showed once again that air safety can be as simple as proper maintenance. But just as air travel is surging, airlines face a shortage ...
Marketers, looking for a way to reach those upscale couch potatoes? Consider It's Only Money, a board game now available at Bloomingdale's for $29.95. Players will be able to traipse through an ima...
Do the recent air fare hikes really mean all that much? Industry security analysts say they are nonplused by the blaring headlines that followed the wide cancellation of discounts in November. ''It...
Those good old days of fare wars and rock-bottom prices for business travelers are over (see Corporate Performance). The cost of air travel for business customers soared 30.5% last year, according ...
It's a familiar situation: There are only so many major league teams and so many good managers, and the managers are always moving from team to team. Only it isn't baseball, it's airlines. In the p...
Continental Airlines struck a blow at the concept of first-class service yesterday, announcing that passengers who belong to its frequent-flier program and pay the full coach fare could get first-c...
Everyone has a special horror story about customer service. The most infuriating these days probably concern air travel. Runaway traffic growth and many carriers' difficulty in adapting to mergers ...
The Pan Am hijacking in Karachi and the midair collision of Aeromexico Flight 498 and a small plane near Los Angeles grimly closed a painful period for the airline industry. The crash killed at lea...
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