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Financial News USA
May 22


Alleged stowaway on US Airways arrested and Conan O'Brien does humorous take on airline fees PDF Print E-mail
Travelers visiting national parks in the western U.S. will see evidence of winter's weather on roads, trails and scenery.The employee was arrested shortly before noon on Tuesday after getting off a flight at Pittsburgh International Airport, Allegheny County police Superintendent Charles Moffatt told the Pittsburgh Tribune-Review. He did not release the man's name.The Transportation Security Administration says it's investigating whether the employee improperly used his airport credentials to get on a flight traveling from Tampa, Fla. to Charlotte, N.C. Police said he was spotted leaving the cargo area there.The employee's airport access credentials were revoked pending the outcome of the investigation.Moffatt says the employee apparently had a ticket for the flight to Pittsburgh. He says the man asked to be taken for a psychiatric evaluation after being taken into custody. [Read the full article]

Ever wonder what an airline executive would say about the billions of dollars raked in from baggage, reservation and other fees? Conan O'Brien does.Take a look at his interview with the fictitious Tony Kent, "Delta Air Lines executive vice president."The video is funny, but fees are no laughing matter for paying passengers. According to data released earlier this week from the Bureau of Transportation Statistics, airlines pulled in $5.7 billion from baggage and reservation fees in 2010.Charlie Leocha, founder of the consumer advocacy group Consumer Travel Alliance, told msnbc.com that more fees are coming. "The airlines are now addicted to fees and will continue to make them more complex," he said.Joe Myxter has been running msnbc.com's Travel section since 2006. Follow him on Twitter @msnbc_travel.And the airlines can't figure out why fewer and fewer people want to fly. [Read the full article]

SANTA FE, N.M. — New Mexico's tourism secretary is hoping for a modest rebound in tourism this summer. And although fires are burning near three of the state's four borders, Monique Jacobson says she is trying to stay optimistic and reassure people that New Mexico is open for business.Jacobson says much of the department's focus for building tourism has been on keeping New Mexicans in New Mexico. She says the department now is also trying to be proactive to keep travelers from being scared off by the fires.Tourism officials in Carlsbad say summer visitors remain steady, despite the fact that the nearby Carlsbad Caverns park has been closed by fire this week.And Taos officials say tourism there is up 9 percent and they haven't seen any signs of fire-related cancellations.Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. [Read the full article]

Travelers visiting national parks in the western U.S. will see evidence of winter's weather on roads, trails and scenery.Leisure travelers say they're cutting back on travel because of high-priced tickets, concern about the economy, and the need to spend more for everything from food to gasoline.Airlines are planning to reduce flights once summer ends. Some are already offering sales to fill their planes when vacation season is over."We are worried about what happens after Labor Day," says Helane Becker, an analyst for Dahlman Rose & Co. "We're going to see less demand and more discounting."Economists have lowered growth forecasts after a bunch of recent bad economic news. Unemployment remains above 9 percent. Retail sales are slumping for the first time in nearly a year. Becker worries that could foreshadow a drop in leisure travel, offsetting continued strength in business travel. [Read the full article]
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