The price of a plane ticket is heading sharply higher. That’s because airlines face steeper fuel costs and continue to cut capacity to keep profits from falling. You can still find some relative bargains, but it’s going to take…
Of all the industries that have achieved record profits recently, none have posted more remarkable results than the airline industry. For the first time in a decade, the industry is on a glide path to profitability — but it’s …
Thousands of stuck holiday travelers are just the beginning: Airlines’ new policy of pre-emptively canceling flights to avoid snowstorms is lowering their losses, but will likely leave many more passengers without a flight home…
The International Air Transport Association expects airline profit to plunge 40% this year as fewer passengers travel during the recession and as fuel prices rise. But that doesn’t mean you’ll necessarily be able to score a goo…
Light crude oil prices have been climbing in the last few days, closing the week at $88.94 per barrel on the NYMEX. If prices climb high enough, it could damage the still-weak economy by raising the costs of gasoline, jet fuel …