After a six-year effort, the House of Representatives passed legislation that would formally ban insider trading by Congress, along the way picking up support from some surprising backers—lawmakers who actively trade stocks.
TODAY'S CALENDAR Local/GMT 0900/0800 Czech central bank minutes from Feb 2 meeting Friday brings minutes from the Czech central bank's most recent monetary policy meeting, at which the governor switched to a markedly dovish stance after ...
What was the difference between profit and loss for big U.S. airlines on domestic routes last year? Just one seat per flight. That finding comes from consulting firm Oliver Wyman, which compiles a trove of airline information annually for ...
Maxim Group Eight of the nine major U.S. passenger airlines reported 2011 results. Excluding AMR, we predicted the industry should earn about $3.5 billion; so far industry earnings are $3.4 billion, which excludes Spirit Airlines (ticker: ...
Seattle Airline business: Mere oxymoron or investor death wish? Cumulatively, America's airlines have lost $34 billion since 1947. In the last decade, five legacy carriers landed in Chapter 11 bankruptcy—US Airways twice. "How do you become ...
NEW DELHI -- Reliance Industries Ltd. said Wednesday it is in talks with private-sector carriers Jet Airways (India) Ltd. and Kingfisher Airlines Ltd. as well as state-run Air India Ltd. to provide jet fuel handling services at airports ...
India's Kingfisher Airlines Ltd. shelved plans to join Oneworld, the second loss to the global marketing alliance in a week. Unprofitable Kingfisher was to join the group, which is led by British Airways PLC and AMR Corp.'s American ...
Does the world need a new trade war? Probably not, though our friends in Brussels seem to think so: Over intense international protest, they've plowed ahead with a new tax that requires airlines to purchase carbon emissions permits for the ...
By Nikhil Gulati and Mukesh Jagota NEW DELHI -- A panel of Indian ministers has recommended allowing foreign airlines invest in the country's aviation sector and to let local carriers directly import jet fuel, Aviation Minister Ajit Singh ...
HONG KONG (MarketWatch) – China ordered its domestic airlines Monday not to participate in the European Union’s Emissions Trading Scheme, ratcheting up pressure to scuttle the plan that charges airlines flying to European cities fees for ...
Republic Airways Holdings Inc. is gearing up to make the pitch that its money-losing Frontier Airlines unit is a good investment. Chairman and Chief Executive Bryan Bedford said the regional carrier is close to hiring financial advisers to ...
The collapse of Hungary's national airline, Malev, will likely make such a big hole in the country's budget it has attracted the inquiring eye of the International Monetary Fund.
Federal aviation regulators this week ordered airlines and business aircraft operators to accelerate fixes to collision-warning systems on roughly 9,000 planes, citing additional concerns that the devices could malfunction.
SHANGHAI—China has banned domestic airlines from participating in the European Union's Emissions Trading Scheme, stepping up China's opposition to the program, which imposes charges to encourage airlines to curb emissions.
Now that it is in bankruptcy court, American Airlines' flight plan is unclear. But the airline industry's final destination is pretty much mapped out.
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