financial posts

by Jeremy Kressmann (RSS feed) (1 month ago)
Oct 12th, 2009 at 9:30AM:
tweetmeme_url = 'http://www.gadling.com/2009/10/12/south-by-southeast-budgeting-for-long-term-travel/'; tweetmeme_source = 'Gadling';
Welcome back to Gadling's new series about Southeast Asia, South by Southeast. Starting in October, I'll be spending the next four months traveling through this much-discussed destination. But as exciting as it is to travel for several months, you can't just get ...

by Katie Hammel (RSS feed) (1 month ago)
Sep 29th, 2009 at 11:00AM: New York jet-setters short on time got some bad news last week. US Helicopter, which previously offered 8-minute helicopter flights from two local airports to Manhattan, announced on Friday that it is suspending service.
The chopper company offered flights for $159 each way from JFK and Newark airports to the Wall Street or Midtown West heli-pads in New York City, but has ceased operations due ...

by Tom Johansmeyer (RSS feed) (6 months ago)
May 24th, 2009 at 12:00PM: Continental Airlines is looking to cash in on pilots who cashed in on a divorce scam. The pilots used sham divorces to divert more than $10 million to their ex-spouses. Post-divorce, the exes cashed in on retirement benefits, and the fliers could stay in the sky – and keep earning.
It's really pretty simple. A couple divorces. The pilot assigns all pension benefits to the ex-spouse. Then, ...

by Tom Johansmeyer (RSS feed) (6 months ago)
May 13th, 2009 at 1:00PM: So, there are two visions of the near future: one immediate, the other a bit further out. For Memorial Day, expect to see plenty of traffic, thanks to a drop in gas prices, according to AAA. More than 10 percent of the country's population – north of 32 million people – is expected to ht the road (though some will take planes). This stands in stark contrast to last year, when it cost ...

by Tom Johansmeyer (RSS feed) (6 months ago)
May 9th, 2009 at 3:00PM: Passenger traffic is still falling. That's not going to change for a while. But, the decline slowed in April, signaling that the prolonged sharp dips may be behind us. Some optimists even believe that the worst is over – though I maintain a healthy skepticism.
Note the metric being used: passenger traffic. There's a lot of mileage between asses in seats and money in the bank. On a positive ...

by Tom Johansmeyer (RSS feed) (7 months ago)
Apr 28th, 2009 at 5:00PM: It's rare that you get a guided tour through still unfolding carnage. Imagine walking through Aceh right after the tsunami or New Orleans while the rains from Katrina still fell. Lower Manhattan's financial crisis tour doesn't involve as much bad weather or physical danger, but it does give you the chance to learn about the most profound financial disaster in decades in the place where it all ...

by Tom Johansmeyer (RSS feed) (7 months ago)
Apr 14th, 2009 at 6:00PM: Meetings and conventions aren't just falling ... they're actively being canceled. While it's easy to write this off as the erosion of a wasteful corporate perk, it translates to genuine financial crisis for the travel industry. Over the past six months, 402 conventions and meetings have been canceled in Las Vegas alone. According to the Las Vegas Convention & Visitors Authority, this ...

by Tom Johansmeyer (RSS feed) (8 months ago)
Mar 11th, 2009 at 10:30AM: Yesterday, Delta CEO Richard Anderson and President Edward H. Bastian sent a memo to its 70,000 employees announcing passenger capacity cuts. Distributed with the subject line, "Responding to a Worsening Economy," the memo outlines Delta's proposed changes that were planned for announcement at an investor conference later the same day. According to the memo, "In just the few months since we last ...

by Jamie Rhein (RSS feed) (1 year ago)
Oct 17th, 2008 at 3:30PM: This week Gadling picked up another blogger Mike Barish who considers Lunchables unusual food.
When I browsed the week's offerings, money popped out as one of the prevailing themes. With the stock markets doing a roller coaster act, forgetting that the ups give riders a reprieve, it's no wonder.
Scott's post on American Airlines possible plan to do àla carte pricing offers great ...