Stocks cut losses Monday, ending mixed, as investors scooped up bank and consumer shares and kept an eye on Treasury bond yields, the dollar and commodity prices.
With the global economic downturn biting hard, corporations everywhere are looking around for costs to save, budgets to trim. It's thus little surprise that one area to suffer already has been business travel.
With fuel prices so low, consumers may be wondering when it will be reflected in smaller bills. But as airlines, taxis and truckers scrounge for additional revenue, surcharges formerly tagged for fuel remain - albeit by a different name.
From the fingerprints and digital imaging stored on e-passports, to iris scanners set up at airport immigration, biometrics are a growing part of the traveller experience.
A system using fingerprint scanning and face recognition systems, designed to speed up passenger transit times and increase security, is beginning a trial at Heathrow airport's Terminal 3.
James Hogan is the CEO of Abu Dhabi-based airline Etihad. MME caught up with him at the Farnborough International Air Show this week to discuss the airline's future expansion plans as it struck one of the biggest deals in aviation history after placing orders worth more than $20 billion.
Stocks cut losses Monday, ending mixed, as investors scooped up bank and consumer shares and kept an eye on Treasury bond yields, the dollar and commodity prices.
With the global economic downturn biting hard, corporations everywhere are looking around for costs to save, budgets to trim. It's thus little surprise that one area to suffer already has been business travel.
With fuel prices so low, consumers may be wondering when it will be reflected in smaller bills. But as airlines, taxis and truckers scrounge for additional revenue, surcharges formerly tagged for fuel remain - albeit by a different name.
From the fingerprints and digital imaging stored on e-passports, to iris scanners set up at airport immigration, biometrics are a growing part of the traveller experience.
A system using fingerprint scanning and face recognition systems, designed to speed up passenger transit times and increase security, is beginning a trial at Heathrow airport's Terminal 3.
James Hogan is the CEO of Abu Dhabi-based airline Etihad. MME caught up with him at the Farnborough International Air Show this week to discuss the airline's future expansion plans as it struck one of the biggest deals in aviation history after placing orders worth more than $20 billion.
The airline industry will lose $2.3 billion this year because of hikes in oil prices, the world airlines group said Monday, revising its earlier forecast of a collective industry profit.
Airline and cruise ship companies will be required to fingerprint foreign nationals leaving the United States under a controversial Department of Homeland Security proposal released Tuesday.
It has been a year of promising news for the globe-trotting business traveler. Yes, there have been all the woes of increased airport security, packed planes, heaving hotels and bursting business-class lounges, but some of the headlines have brought encouragement for a better future.
The airplane has become, for many, climate change public enemy number one. And for good reason, say environmentalists. The air travel sector now carries the label of "the world's fastest growing source of greenhouse gases" according to Friends of the Earth (FoE), with airplanes pumping out more than 600 million tons of carbon dioxide (CO2) every year. That's nearly as much CO2 as the African continent annually expels.
Next summer, paper airline tickets will go the way of vinyl records and rotary-dial phones: They won't entirely disappear, but they'll be hard to find.
"Where's my ticket?" There are set to be less and less of those panicked moments when you can't find your bundle of tear-away coupons, one for each sector of your trip. The airline ticket has been steadily reduced to a reference number called an e-ticket - short for 'electronic ticket' -- which stores passenger and itinerary information in an airline's computer system.
Tougher security measures introduced at UK airports are failing to protect passengers, an industry watchdog said as it criticized the country's busiest airport for delays that could harm the country's economy.
Next time you board a plane and jet off on holiday to somewhere hot, spare a thought for the fact that by flying there you are probably helping to make that somewhere even hotter.
Next time you board a plane and jet off on holiday to somewhere hot, spare a thought for the fact that by flying there you are probably helping to make that somewhere even hotter.
After 40 years in the making, the opening of Bangkok's new airport has been confirmed for 3am, September 28, with everyone from the prime minister of Thailand to industry experts hoping that the $3.7bn airport will operate smoothly.
As more and more hotels go completely smoke-free, a German entrepreneur is bucking the trend by launching an airline for those determined not to kick the habit.
The International Air Transport Association (IATA) plans to push next week for aggressive industry deregulation since governments and airports had not done enough to improve efficiency, its head said on Thursday.
United Airlines is set to make history Thursday by becoming the first U.S. air carrier to offer daily service to Vietnam since the Vietnam War ended nearly 30 years ago.
Many business travelers now book air tickets and car hire on the Internet, print out their own boarding passes or use check-in kiosks at airports and hotels.
In about the same amount of time -- 2 1/2 years -- it took Ronald Reagan and Mikhail Gorbachev to agree to eliminate an entire category of nuclear missiles, the Common Market's 12 transportation mi...
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
