In this article RYA-IE Follow your favorite stocksCREATE FREE ACCOUNT Ryanair reported record summer profits, but Chief Executive Michael O’Leary warned winter is “very fragile.” ATTILA KISBENEDEK / Contributor / Getty Images Ryanair on Monday reported record summer profits, but CEO Michael O’Leary warned that the winter is likely to be “very fragile.” “We look
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In this article RCL NCLH Follow your favorite stocksCREATE FREE ACCOUNT Outbreaks, port refusals, travelers stuck onboard. Cruise ships dominated the news in early 2020 for all the wrong reasons. Some people predicted the industry would never recover. But cruising fans say: That’s ancient history. “Given a choice, we would be living on the
Getty Images Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their money on trips. That is setting up the fiercest holiday season battle for consumers’ wallets since before the Covid pandemic, with persistent inflation already straining
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United’s new, small-format lounge at Denver International Airport. Source: United Airlines United Airlines is opening a new kind of lounge at Denver International Airport, and it’s not designed for travelers to linger. The Chicago-based airline is launching the new club Saturday as travel demand recovers,
Despite soaring oil prices and weakening currencies, the outlook for aviation remains positive due to “extremely strong” demand, said Tony Fernandes, CEO of AirAsia parent company Capital A. “We’re looking to add 20 more aircraft to the fleet for the first time in a long, long time even before Covid,” he told CNBC’s “Squawk Box
In this article AAL UAL DAL LUV Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines are profitable again, and their pilots want
United Airlines planes at Newark Liberty International Airport Leslie Josephs | CNBC United Airlines pilots “overwhelmingly” rejected a tentative agreement that would have given them raises of about 15% over 18 months, their union said Tuesday, the latest setback in rocky labor talks between unions and airlines. The tentative agreement “fell short of the industry-leading
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Delta pilots picket for a better contract outside of John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines pilots voted overwhelmingly to authorize a strike if contract talks between the carrier and the union don’t lead to an agreement, the labor group
Travel demand is still picking up, and so are the prices of flight tickets. Surging prices are causing some to cut back on spending, but others are finding new ways to pay for their holiday plans. More airlines are partnering with “buy now, pay later” firms to give customers the option to pay for their
The White House is working to assure voters President Joe Biden is doing everything he can to lower the cost of living with just two weeks until Election Day as polls increasingly show the economy as a top concern for Americans. Flanked by CFPB Director Rohit Chopra and FTC Chair Lina Khan at the White House
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty Images Southwest Airlines on Thursday joined other airlines in forecasting that strong
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters American Airlines‘ pilots union is weighing an offer for higher raises in a new two-year contract proposal, the latest attempt to seal up
Bradley Williams “absolutely hated” his first job after graduating from college. The 28-year-old said the office environment wasn’t for him — and he quit in three months. Williams’ girlfriend, Cazzy Magennis, had just finished her degree at the University of Exeter, where they met. While their friends were starting their careers in London, Williams and
In this article BA AIR-FR Follow your favorite stocksCREATE FREE ACCOUNT The first U.S.-made Airbus jetliner moves down the assembly line at the company’s factory in Mobile, Alabama, U.S. on September 13, 2015. Picture taken on September 13, 2015. Alwyn Scott | Reuters Air travel demand is showing no sign of easing, airline executives said
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines reported a $483 million profit for the third quarter and joined rivals in forecasting resilient travel
There are many ways to think about diversification. We’re going to focus on two — using correlations and the barbell strategy — and how drawing a little bit from each can help Club members approach an uncertain market. We’re also going to show you how we use these concepts day in, day out in the
In this article USEA Follow your favorite stocksCREATE FREE ACCOUNT United’s check-in area at Washington Dulles International Airport. Leslie Josephs | CNBC Cheap airfares are hard to find, and it might not get much easier in 2023. Between staffing shortages, aircraft delays and airlines’ conservative schedules after costly travel meltdowns, available seats are limited. Airlines
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country’s largest carrier drag on, according to a note from the labor
United Airlines forecast another profit for the end of the year and said consumer appetite for travel is showing no signs of slowing down despite high airfares. Shares jumped more than 7% in after-hours trading on Tuesday. “Looking forward through the end of the year, the airline expects the strong Covid recovery trends to continue
A new report indicates the travel industry in Asia-Pacific may be the only one in the world to recover by 2023. This year’s “Travel & Tourism Economic Impact” report — an annual publication by the London-based World Travel & Tourism Council — shows that, compared with pre-pandemic levels, tourism revenue in 2020 dropped more in
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