Southwest Airlines is flying high: It’s proven consistently profitable, and it serves more passengers than any other U.S. carrier. But as the airline expands its service, CEO Gary Kelly says volatile jet-fuel prices are his big…
A total of 92.3 million American will travel 50 miles or more from home during the holidays, according to AAA.
The figure is a 3.1% increase from the 89.5 million who traveled in the holiday season of 2009, AAA said in a statement.
“It’s great to s…
Amid some recent profit-taking, Starwood’s more bullish adherents say the stock has firepower to spare as the company continues to demonstrate solid leadership. It’s one of the world’s largest hotel companies and is well-positi…
Virgin Atlantic Airways, the airline that said six months ago it is interested in a merger deal, has attracted approaches from several parties.
“We’ve received a number of lines of enquiry,” Virgin spokesman Greg Dawson said in a statement, according…
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…