With a tinge of sadness, 80 years of history will end on Oct. 31 with the formal closing of Berlin’s Tempelhof Airport, or Zentral Flughafen as it was long...
To the surprise of no one, antitrust regulators did not object to Delta Air Lines’ (DAL) purchase of Northwest (NWA), a deal that closed mere hours after the Justice Dept....
The Hunt for Ancillary Revenue took an interesting turn today with United (UAUA) announcing a new program in which it has a new deal with FedEx (FDX) to collect and...
Remember the days when flying across the ocean meant a plane with two aisles? (If not a 747 with a piano?) Those days are long gone. The 757, right, a...
American Airlines’ (AMR) Web site suffered another complete outage on Friday, a day after technical woes plagued the site and forced many users to call the company to complete their...
A shocking bit of news today as United Airlines (UAUA) reported $252 million in red ink, not counting its unrealized losses on underwater fuel hedges: The fees are here to...
On Wall Street, innovation turned out an alphabet soup of new financial products that brought collapse and ruination to the world’s capital markets. Yet we are seeing an arguably more...
The dark side of fuel hedges cropped up for Southwest Airlines (LUV) this summer, leading to the company’s first quarterly loss since early 1991. Southwest took a $247 million charge...
I spent a few days off in Texas, and returned to find generally upbeat assessments about the airlines’ pending income reports. Those red-ink recitations – um, I mean earnings releases...
In an industry well-known for wild ideas, here’s one of the zanier ones I’ve heard in weeks: A new trans-Atlantic, budget airline. Or so says Ryanair (RYAAY) CEO Michael O’Leary...
There are certain delay-plagued airports that make seasoned travelers cringe. Consider O’Hare around 5 p.m on a Friday. Or Atlanta on a Monday morning. Or JFK at, well – OK,...
The scramble for liquidity, which most U.S. airlines embarked upon earlier this year, has gone into overdrive. There’s the global credit freeze, which went from chilly to Arctic-blast-frigid in the...
Bloomberg Businessweek editor Justin Bachman provides road warriors with the latest news, trends in business travel, which as most readers are aware, has all the romance of taking a school bus cross country. Come here to pick up travel news and tips or just commiserate about your latest business trip gone awry.