Many budget airlines rely on baggage charges and other extra fees to make money.

Some airlines—like American Airlines, which started the first modern airline loyalty program—have loyalty programs with higher valuations than the airline itself.

Commercial air travel's early days: Flights were short, cold, depressurized, and generally comfortable

After World War II, airlines competed for their high-end passengers by offering cocktails, meals, and plush seats, cultivating the image of the elite "Jet Set." By the 1960s, air transport was completely changing global trade and offering big profits to companies able to ship via plane.

Southwest Airlines was profitable for nearly 5 decades, offering free whisky, cheap late-night tickets, and free-for-all seating allocation—despite how hard it is to make money running an airline.

Nearly 3 million people fly in and out of US airports every day—but not all of those passengers generate revenue for the airlines they purchase their tickets from.

Find out how airlines quietly became banks

Some experts suggest airlines lose money on every flight. This video dives into how airlines have leveraged their loyalty programs to make billions of dollars, effectively evolving into banks.

Jet fuel is expensive—which is one reason why it's tough to make an airline profitable

Jet fuel is typically a commercial airline's second-largest expense, second only to labor. Oil prices can be volatile—there have been recent significant increases in jet fuel prices given the 2026 Iran conflict, for instance.

The drastically different seat tiers on airplanes are a prime example of 'price segmentation,' which is key to keeping airlines profitable.

In 2024, US airports generated over $1B of revenue—partly due to overpriced airport food

Some in the airport industry argue that charging street prices in airport restaurants isn't sustainable because it's more expensive to run a business inside an airport.

Budget airline Spirit announced its shutdown on May 2, 2026

After filing for bankruptcy twice, there were a multitude of reasons for the airline's shutdown, including an increase in jet fuel prices due to the conflict in Iran in the first half of 2026.

Commercial air travel made international vacations more commonplace.

Find out how airline mergers created some of today's largest airlines

Four airlines dominate the US commercial airline industry: Delta, United, Southwest, and American. Many of these large companies secured their top spots in the industry via a series of mergers and acquisitions starting in the 1970s, when American acquired Trans Caribbean Airlines.

Learn about the bodies that govern the US commercial airline industry, such as the FAA

The Federal Aviation Administration (FAA) regulates US air travel, monitoring both safety and advancement. But despite deregulation in the 1970s, the industry has other governing bodies, too, including the US Department of Transportation and the TSA.

See nine airplane models that transformed aviation

This visual guide jumps over the dawn of modern air travel and begins with the open-cockpit biplane flown by the first scheduled airline, the St. Petersburg-Tampa Airboat Line. (Some users may experience a paywall.)

When modeling the fastest way to board passengers onto an airplane, research shows that random boarding is often faster than boarding in groups.

100 years of passenger air travel: a visual guide

This interactive timeline covers the first 100 years of passenger air travel, which was created in 1925 when the U.S. Post Office allowed private airlines to start delivering mail.

Read about 'skiplagging,' a money-saving travel hack.

Are hotels cheaper than Airbnbs?

When Airbnb first became popular, it was seen as a cheaper alternative to staying at a hotel. But these days, depending on factors such as how many people you're traveling with and how long your trip is, Airbnb isn't always the less expensive option. To figure out which form of lodging might be cheaper for your next vacation, read this article.

Airbus is a rare European industrial success story that overtook a rival American firm

After World War II, the US dominated aviation, particularly Boeing. To compete, Europe's major industrial nations pooled resources to form Airbus, a customer-centric airplane manufacturer. Its A320 family of planes became the most popular in airliner history, leading to profitability in the 1990s. Amid Boeing's major hurdles in recent years, Airbus remains the industry leader.

Many airports have dedicated stores for luggage, despite most passengers having luggage with them already

This podcast episode argues that airport luggage stores exist due, in part, to the security measures implemented after 9/11, creating capitve audiences of travelers. Some argue that airport luggage store shoppers coming from places where luggage is more expensive could be purchasing luggage in international airports. Specifically, the episode traces airport history from the very beginning to today's luggage store in your local Terminal B.

Explore a timeline of advancements in American aviation

From the Wright brothers' flight of the first powered plane in 1903 near Kitty Hawk, North Carolina, to SpaceX's debut of the Falcon 9 rocket in 2010 with reusable boosters, this interactive shows off the technological evolution of flight, from mechanical propulsion to ballistic spaceflight. (Some users may experience a paywall.)

See how SpaceX has impacted costs throughout spaceflight history.

Why airships are making a comeback as a cheap, fast transport solution

Airships, including blimps, have had a pretty bad reputation since the tragic incendiary crash of the Hindenburg in New Jersey in 1937. But an intense competition is ongoing between airship manufacturers looking to develop the trucks of the sky: a...

Pan Am was once the largest international airline in the US—but it shut down in 1991 after a series of financial issues, beginning with increased operating costs and reduced demand driven by the oil crisis in the 1970s.

Listen to an account of an 'airplane game' leader, a notorious, widespread illegal pyramid scheme that swept across the US in the 1980s.

As of 2022, Blue Origin, Virgin Galactic, and SpaceX are the primary space tourism companies

Blue Origin offers 11-minute suborbital flights for $28M, while Virgin Galactic provides a 90-minute suborbital flight for $450,000. SpaceX offers orbital flights for $55M, including trips to the International Space Station, and plans to offer civilians trips to the moon by 2030.

In 2001, a $20M ticket officially kicked off space tourism

On that day, American businessman Dennis Tito became the first paying passenger to visit space, spending a week aboard the International Space Station. Since then, space participants have been members of suborbital flights, which do not require intensive training to prepare for.

Many startup founders pull out-of-the-box stunts to get their businesses off the ground.

In 2013, American Express became the first credit card company to open an airport lounge

American Express opened its first airport lounge, the Centurion, in Las Vegas more than a decade ago. Since then, not only has American Express increased the number of lounges it has in airports across the country, but other credit card companies have also opened lounges.

Airports at high elevations, like Denver International Airport, have longer runways than most airports because airplanes cannot take off or land as quickly in thinner air.

Modern examples of oligopolies include the airline industry

An oligopoly is a market structure dominated by a few key suppliers. In the US, as of 2021, just four airlines (Delta, United, Southwest, and American) controlled nearly two-thirds of all domestic flights, making the US airline industry one example of an oligopoly.

Experts argue some frugal habits—like driving farther for cheaper gas—aren't worth it

Other frugal habits experts suggest might not be worth the squeeze include driving to multiple stores in one trip to hunt for deals, as well as buying everything in bulk.

Space tourism opportunities have been explored since the end of the Apollo era

In the 1970s, Rockwell International, a NASA contractor, and others investigated manufacturing passenger modules that could fit into the Space Shuttle's payload bay. NASA also opened spaceflights to nongovernment professionals, but many such programs were ended after the Challenger disaster, which killed the first Teacher in Space participant.

Who actually pays for your credit card rewards?

In 2018, 92% of all credit card spending was made on a rewards card, which seems like a good deal to many who apply for rewards cards offering discounted flights, points, and more. But in actuality, the customers are often the ones who end up paying for the rewards in the grand scheme of things.

How SpaceX Made Space Affordable

SpaceX has cut launch costs by over 95%—from $54,000 per kilogram to around $2,000—reshaping how we access space.

A nightmarish vision for airplane seating

Airplane seat designer Alejandro Núñez Vicente reckons his double-decker airplane seat could revolutionize budget air travel. CNN went to the 2022 Aircraft Interiors Expo in Hamburg to try it out.

Famously frugal Warren Buffett owns a private jet

Buffett still lives in the same house he bought in 1958 for $31.5K. He has pledged to donate 99% of his fortune to charity. Yet he owns a private jet called "The Indispensable" (formerly called "The Indefensible" because he had no defense for buying it).

American Express intentionally targets wealthy cardholders, who spend higher amounts per transaction and tend to make more transactions than the average cardholder, thereby reducing the company's risk.

Elon Musk founded SpaceX after being unable to purchase affordable rockets abroad

American Express debuted its first charge card in 1958 to give travelers access to cash abroad

The original American Express charge card was made of purple paperboard and allowed customers to book travel. Unlike credit cards, the card's balance had to be entirely paid off each month. When the card first launched, 250,000 customers used it, and 17,500 companies had agreed to accept it.

How black boxes made flying safe

Black boxes—which are actually orange—were not universally present in airplanes until roughly 1967, a process which grew out of frustration over frequent, unexplained crashes in the industry's first few decades. This piece tells the origins of...

Four popular budgeting strategies

While budgeting is an individualized process, there are a few tried-and-true budgeting methods people interested in saving money or paying down debt tend to use. These methods include the envelope method—where people budget for things like rent, savings, and food by putting cash in various physical envelopes—the 50/20/30 method, and others. Read about four popular budgeting strategies in this article.

Dollar stores often place staple items at the back of the store so customers encounter other less-necessary items on their way there, leading to impulse buys.

Two main types of inflight WiFi connections are air-to-ground and satellite-based

ATG systems rely on aircraft antennae to catch signals from cellphone towers, while the latter uses a network of satellites transmitting data from space. As of 2022, airlines like Delta and United hosted over 1.5 million monthly WiFi sessions.

The Budget and Accounting Act of 1921 created the modern federal budget

Before 1921, federal funding was fragmented and ad hoc. This article traces how inefficiency and postwar pressures led Congress to pass the Budget and Accounting Act, creating a standardized, centralized federal budgeting process.

Airplanes generate enough lift to fly by accelerating air faster over their moving wings, which makes the pressure above the wings lower than the pressure below.

Paper boarding passes have become rarer in recent years

Many travelers have shared their attachment to the documents as their utility fades. This sharply illustrated timeline reviews the development of the paper boarding pass as technology evolved.

The aviation industry built trust in automation by keeping pilots in the cockpit

Nearly 70% of Americans feel uncomfortable riding in a driverless car, and 81% of them would not fly on a pilotless plane. However, automated systems on planes were slowly introduced and advertised as enhancing safety—an approach that may benefit driverless vehicles.

American Express runs on a 'spend-centric' model, using perks and merchant fees to drive profit

American Express cardholders tend to spend more money per transaction than other credit card users, which makes the interchange fees merchants have to pay to accept American Express cards worth it while incentivizing other companies to pay the interchange fee as well.

The bond market dates back to the 1100s in Venice

In the early 1800s, bonds were used to fund US railroads and canals in Great Britain. “Liberty Bonds” were sold during both World Wars in the 20th century. Learning about the early and modern history of bonds can offer a glimpse into how the modern bond market came to be.

9/11 permanently changed air travel security in the US with the creation of the Transportation Security Administration.