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The global airlines industry on Wednesday lowered its profit forecast for this year after the Ukrainian crisis caused a spike in the price of fuel.
Tagged with: air travel fuel costs oil prices ukraine
Read More »Exelon reports loss in first quarter
Exelon Corp., whose varied holdings include Baltimore-based Constellation Energy and Baltimore Gas & Electric Co., reported a loss in its first quarter due to lower market prices, higher nuclear fuel costs and higher operating and maintenance expenses, among other factors. ...
Tagged with: Baltimore baltimore gas and electric BGE Business chicago Constellation Energy Energy Exelon Corp. fuel costs Stocks thomson reuters
Read More »Obama announces fuel standards for big vehicles
WASHINGTON — Fire trucks and concrete mixers, semis, heavy-duty pickups and all trucks in between will, for the first time, have to trim fuel consumption and emissions of heat-trapping gases under new efficiency standards announced Tuesday by President Barack Obama. The ...
Tagged with: air pollution fuel costs washington
Read More »Southwest posts 2Q profit of $161 million
DALLAS — Southwest Airlines Co. boosted its second-quarter profit with higher fares and more traffic from the addition of AirTran, but fuel costs soared a stunning 64 percent higher than a year ago. After excluding special items such as gains from ...
Tagged with: AirTran earnings fuel costs Southwest Airlines Co. tickets traffic
Read More »Airlines collected $3.4 bln in bag fees in 2010
NEW YORK — The government says that airlines collected $3.4 billion in baggage fees last year, up 24 percent from 2009. The fees are typically $50 roundtrip for a first checked bag. Reservation and change fees accounted for an additional ...
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Read More »Vegas-based airline wants to let you gamble on fares
If Allegiant Air gets its way, you might be able to purchase a ticket where the final cost would rise and fall with the price of jet fuel. For the Las Vegas airline, it’s another way, besides higher fares and ...
Tagged with: air travel fuel costs las vegas
Read More »Major airlines raise fares; Southwest holds steady
DALLAS — Major U.S. airlines are raising fares again, and the only question this time might be the size of the increase. This is the sixth broad fare increase the airlines have tried this year. They are raising fares to ...
Tagged with: air travel Baltimore BWI Thurgood Marshall Airport fuel costs increase Southwest Airlines Co.
Read More »Airfare increases likely to stick
The airlines are at it again, imposing the first fare increase of the new year and the third within a month. The increase on many domestic routes ranges from $4 to $10 per roundtrip ticket, depending on the length of ...
Tagged with: air travel american airlines Baltimore BWI Thurgood Marshall Airport costs dallas delta fuel costs increase jet blue maryland Recession Southwest Airlines Co. travel
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