Cathay Pacific CEO Tony Tyler says when airlines last raised fares in 2008, most travelers kept on flying. But as Mideast upheavals send oil prices skyward and airlines hike fares again, the impact on the bottom line could be q…
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 …
Transportation Secretary Ray LaHood is raising the bar for the treatment of airline passengers this spring. You’ll see more transparency in ticket pricing, better deals for bumped passengers, and reimbursement of luggage fees …
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…
With its lack of premium amenities and upgrade options, Southwest has been an airline that many business travelers try to avoid. But after it absorbs AirTran next year, those frequent fliers will have almost no choice on some …