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Brazil's busiest airport, the Congonhas airfield in Sao Paulo, could expand capacity by almost 25%, Folha de S. Paulo newspaper reported Friday, citing a study by Brazil's air force.Congonhas, which last year carried 16.7 million passengers, could carry as many as 20.7 million passengers a year if Brazil's government reversed restrictions imposed after a 2007 crash that led to 199 deaths, Folha said. Following the 2007 accident, where a plane flown by leading airline Tam skidded off the runway and crashed into a nearby building, the government restricted the number of flights at the airport pending investigations. According to the study cited by Folha, Congonhas airport could safely allow four more flights per hour at the airport.According to Folha, currently Congonhas allows 34 takeoffs or landings per hour, with four of those movements reserved for private airplanes, and the remaining 30 for commercial flights. If the airport were to increase the number of takeoffs or landings to 38 ...
Global travel budgets may rise by an average of 5% in 2013 as more Asians travel for leisure, according to a survey released by payment services provider Visa Inc. (...
FOX Business: Capitalism Lives HereThe markets zoomed higher Tuesday as traders cheered strong earnings from several high-profile companies. Today's MarketsThe Dow J...
FOX Business: Capitalism Lives HereThe markets charged higher on Tuesday as traders responded to strong earnings from several big-name companies.Today's MarketsAs of...
U.S. stocks rallied on Tuesday, recouping after an erroneous tweet pushed the market down 1% in seconds, as investors embraced earnings and less-dismal-than-anticipa...
U.S. stocks rose on Tuesday, recouping after an erroneous tweet pushed equities down 1% in seconds, as investors embraced upbeat earnings ahead of Apple Inc.'s resul...
U.S. stocks rose Tuesday, recouping after a phony terror tweet from a hacked Associated Press Twitter account, as investors embraced upbeat earnings while awaiting A...
Apple Inc. and Caterpillar Inc. results this week will help determine whether the quarterly earnings season is stuck in a well-worn groove: Companies' bottom-line re...
U.S. stocks rallied on Tuesday, extending gains into a third session, as investors embraced upbeat earnings while awaiting Apple Inc.'s results in the afternoon.Of t...
Travelers Inc. shares rose more than 2.5% to $86.77 a share on mid-morning Tuesday trading, making it one of the biggest gainers in the Dow Jones Industrial Average ...
Travelers Cos. (TRV) boosted its dividend Tuesday as the property-casualty company's first-quarter results beat Wall Street expectations, helped by fewer natural dis...
U.S. stocks rose on Tuesday, as investors embraced upbeat corporate earnings that fueled a surge by Netflix Inc. while awaiting Apple Inc.'s results in the afternoon...
Travelers Cos.'s (TRV) boosted its dividend Tuesday as the property-casualty company's first-quarter results beat Wall Street expectations, helped by fewer natural d...
In-flight Internet speeds could rival those on the ground under a proposal expected to move forward on Thursday.U.S. airlines have been rolling out Internet service ...
Technology advances and consumer habits have made it easier for identity thieves to steal personal information and wreak havoc on your financials before it gets dete...
Marriott International Inc.'s (MAR) first-quarter earnings climbed 31% as the hotel industry bellwether continued to record stronger revenue per available room and h...
Marriott International Inc.'s (MAR) first-quarter earnings climbed 31% as the hotel industry bellwether continued to record stronger revenue per available room and h...
The Senate approved a bill late Thursday aimed at easing travel delays caused by the furlough of air-traffic controllers. The timing of House action on the measure w...
Insurance companies are still very concerned about low interest rates pinching their investment profits. But for the first time in years, their second biggest concer...
Cyprus's government Thursday extended capital controls imposed last month, but eased certain restrictions in a move senior government officials described as being th...
