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The European Union has proposed sweeping changes to airline-passenger rights in the biggest overhaul since rules were first introduced eight years ago.The EU's transport chief, Sim Kallas, in Brussels on Wednesday said the reforms were designed to bring legal certainty for passengers, amid frequent complaints that carriers try to avoid their obligations by forcing customers to haul them through the courts to obtain compensation.European airlines have for their part also lobbied for changes after being forced to fork out hundreds of millions of euros in compensation following the eruption of Iceland's Eyjafjallajokull volcano in April 2010. The billowing volcanic ash cloud resulted in millions of passengers being stranded across Europe as thousands of flights were grounded for nearly a week."It's bad enough if you are travelling on business. But if it's the holiday time and you've got a young family with you, it quickly turns into a nightmare," Mr. Kallas said during a press conference....
By Raju Gopalakrishnan and Harry SuhartonoSINGAPORE (Reuters) - The International Air Transport Association (IATA) said on Thursday the global economy was recovering...
Shares of Europe’s top airlines fell on Monday upon worries that a new ash cloud from an Icelandic volcano could once again disrupt service.While new arrangements ha...
FBN's Rich Edson on the president's week-long trip to Europe, and his speech to the Irish people.
An eruption by Iceland's most active volcano put Europe on high alert on Monday as a billowing ash cloud drifted towards Scotland and threatened to shut down airport...
The growth rate for premium air travel fell significantly in March from the previous month because of the Japan tsunami and earthquakes and Arab world unrest, the In...
GENEVA (Reuters) - The growth rate for premium air travel fell significantly in March from the previous month because of the Japan tsunami and earthquakes and Arab w...
Fare Compare CEO Rick Seaney how the growing concerns of Boeing 737 safety will impact fares for carriers such as Southwest.
John Carey, Pioneer Investments EVP and portfolio manager, offers his market outlook and says he remains optimistic despite all of the recent challenges.
Raymond James Chief Investment Strategist Jeff Saut argues the U.S. markets are not overvalued right now.
Jeff Saut, chief Investment Strategist at Raymond James, offers his bank picks for this year.
J.M. Trippon CEO Jim Trippon on investing in emerging markets.
Lisa Letts explains how she flew from Kansas to San Diego to sell specially made "Spamcation" T-shirts to the Carnival cruise stuck at sea.
While some East Coast airports closed by Hurricane Sandy were limping back toward normal operations Wednesday, the storm left in its wake a travel nightmare. Almost ...
DOW JONES NEWSWIRESSANTIAGO -(Dow Jones)- The carrier resulting from the merger of Chilean flagship LAN Airlines SA (LFL, LAN.SN) and Brazilian carrier TAM S/A (TAM,...
A "catastrophic" eruption of the Katla Volcano in Iceland is "imminent" - at least, that's what the BBC and several other international media outlets are reporting.H...
European Parliament member Nigel Farage on being surprised at how quiet the U.S. has been amid the worsening crisis in the European Union, and why he believes Greece’s woes will end in revolution.
What do the Icelandic volcano and the oil spill in the Gulf of Mexico have in common?Both have thrown a monkey wrench into individual and group travel plans and spar...
Fare Compare CEO Rick Seaney how the growing concerns of Boeing 737 safety will impact fares for carriers such as Southwest.
International air travel in first and business class has slumped because of Japan's nuclear crisis, weakening world trade and Middle East turmoil, the industry body ...
