British Airways reported a pre-tax loss Friday of $245 million in the three months till the end of June, contributing to an already-tough year for the troubled airline.
High net-worth individuals will always find ways to enjoy, celebrate and flaunt their wealth -- the yacht at Monte Carlo, the chateau, the vineyard and the Rolls Royce Phantom. The very wealthy add to this their private jets -- Gulfstreams and Lears -- providing mobile bedrooms and boardrooms for upwards of four people.
British Airways reported a pre-tax loss Friday of $245 million in the three months till the end of June, contributing to an already-tough year for the troubled airline.
High net-worth individuals will always find ways to enjoy, celebrate and flaunt their wealth -- the yacht at Monte Carlo, the chateau, the vineyard and the Rolls Royce Phantom. The very wealthy add to this their private jets -- Gulfstreams and Lears -- providing mobile bedrooms and boardrooms for upwards of four people.
For years it seemed as though first-class air travel was dying a slow death. As perks such as flat beds migrated from the front of the plane backwards, few were willing to pay the 20 percent premium.
The most ostentatious deal signed at this year's Dubai Art Show was by Saudi billionaire, Prince Alwaleed bin Talal who shelled out around $300 million to upgrade his personal Boeing 747 to an Airbus A380 superjumbo.
Michael Symon, chef/owner of Cleveland's acclaimed Lola and Lolita restaurants, is currently competing with some of the country's finest grub slingers on the Food Network's The Next Iron Chef. The show pits professional chefs in a weekly cook-off based on a unique challenge announced at the beginning of each episode. The winner will join star chefs Mario Batali, Bobby Flay, and Cat Cora as a regular contestant on Iron Chef America, also on the Food Network, a subsidiary of EW Scripps Co. For the next few weeks (until he either wins the competition or gets eliminated) Chef Symon will report on his contest experiences for FSB.
As more airlines upgrade their first class offerings with soft sheets, big beds and a lot more privacy, the jet set may just be tempted to fly commercial.
The first commercial flight by the world's largest passenger plane, the Airbus A380, will fulfill a rich man's promise to his 91-year-old father and grant a college student's birthday wish.
Singapore Airlines on Monday became the first customer to take delivery the Airbus A380, the world's largest passenger jet, in what the airline's chief executive called "a dream come true."
An Airbus A380, the world's largest passenger jet, scraped the tip of a wing on a building at Bangkok's international airport Saturday as it was preparing for a demonstration flight, officials of the aircraft company and Thai Airways said.
The eyes of the aviation industry will be on the 787 Dreamliner's unveiling on Sunday but is the fastest selling airliner in history ready for its close-up?
United Parcel Service Inc., the last remaining customer for the Airbus A380 superjumbo freighter, said Friday it reached an agreement for Airbus to push back delivery dates of the planes and left open its option to cancel the order outright.
YOUR NEW ISSUE OF FORTUNE MAGAZINE: It rocks. It rolls. It thrills. It chills. People, this issue is all about private money (honey!) Private equity, hedge funds and the like. Check it out, it's the issue with Steve "The New King of Wall Street" Schwarzman on the cover! Inside is an amazing piece by "Big Swinging" Rik Kirkland on rise of private equity and where we go from here. We also rank the private equity players...and we have a way cool almanac of American wealth. Where the rich people at, kinda deal! And a very cool graphic (thanks Sarah) and story about the ill-fated Airbus A380, (anyone else working on that story?), as well as an exclusive exit-interview with NBC's Bob Wright by Tim 'you the man' Arango! Have fun with this issue, I know I will.
While the Airbus A380 finally had its maiden passenger flight last week, the real battle for the skies is happening on terra firma, between Boeing and Airbus.
Los Angeles International Airport (LAX) began life as a dusty landing strip in the corner of a Southern Californian ranch but has grown to become the world's fifth busiest airport.
With so many modern wonders to choose from, it is hard to whittle the list down to a mere seven or eight. Here are a selection of other contemporary marvels that reflect the engineering, design and technical achievements of our times.
The world's largest airliner, the Airbus A380 superjumbo, was declared Tuesday safe to fly commercial services, capping six years of development marred by delays in deliveries to airlines.
Only one Airbus A380 superjumbo passenger jet will be delivered next year -- to Singapore Airlines in October -- down from the nine announced in June, Airbus has confirmed.
With capacity for more than 800 passengers and an operational range of 15,000 kilometers, the Airbus A380 superjumbo has caught the imagination like no other aircraft since Concorde.
The European Airbus A380, the world's biggest passenger jet, touched down in Britain's Heathrow airport for the first time to test how the congested aviation hub handles the superjumbo.
First deliveries of the new Airbus A380 have been delayed by six months because of what Australian airline Qantas says are "manufacturing issues" at Airbus.
The world's largest passenger plane has made its maiden flight in an aviation milestone that Europe's jetliner maker hopes will give it a boost in its battle with American rival Boeing.
The long-awaited Airbus A380 might be overbudget, but when it rolls off assembly lines it won't be overweight—thanks in part to a composite material that Stork Aerospace helped create for its fusel...
In a few months' time the world's largest commercial airliner will take to the skies for its maiden test flight, carrying with it the fortunes of European aerospace giants Airbus.
Down a narrow country road on a dark night, the first sections of what will be the world's largest airliner were threading their way through the village of Levignac, France.
DARK CASTLE An automated shipping and distribution complex staffed only by robotic gantries and forklifts. So named because of the dim lighting used in such facilities to improve energy efficiency....
Predicting the future of business is never easy, but it doesn't have to be a blind gamble. Savvy managers constantly engage in clear-eyed futurism to anticipate changes that may lurk over the horiz...
The page you requested cannot be found. The page you are looking for might have been removed, had its name changed, or is temporarily unavailable.
Please try the following:
• If you typed the page address in the Address bar, make sure that it is spelled correctly.
• Open the edition.cnn.com home page and look for links to the information you want.
• Use the navigation bar above to find the link you are looking for.
• Click the Back button to try another link.
• Enter a term in the search form below to look for information on CNN sites or the Internet.
Video
Photos
