Travel and Leisure
NEW YORK In an era of burgeoning travel options, some of the leisure industry's top executives are having trouble finding their choice vacations through their own companies.
NEW YORK American Airlines parent AMR Corp is in advanced talks with China Eastern Airlines to bring it into the Oneworld alliance, AMR's chief financial officer said on Wednesday.
NEW YORK Consolidation in the U.S. airline industry is "inevitable," the president of the Air Line Pilots Association union said on Wednesday.
NEW YORK Top executives at two of the five largest U.S. airlines said on Tuesday they are open to a merger, adding that the airline industry needs to consolidate to return to profitability.
NEW YORK U.S. airlines should be able to raise average fares and return to health provided no one adds lots of new flights, the chief financial officers of two top carriers said on Tuesday.
NEW YORK US Airways Group sees strong gains in travel demand, but it may not return to pre-recession levels, the company's chief financial officer said on Tuesday. | Video
NEW YORK United Airlines is open to merging with U.S. or foreign carriers as the industry is "poised for consolidation," the airline's chief financial officer said on Tuesday. | Video
NEW YORK European planemaker Airbus has begun sounding out customers about possible plans to upgrade engines on its top-selling A320 jet family but has not made decisions, its leading U.S. customer said on Tuesday.
NEW YORK US Airways is open to merging with another U.S. carrier, its chief financial officer said on Tuesday, adding that the domestic airline industry has too many major players.
NEW YORK Hotel room rates may jump back to pre-crisis levels sometime during 2012 to 2013 as companies start to ramp up their travel budgets, the head of private travel and hospitality company Carlson said on Tuesday.