A Qatar Airways Boeing 777 In New York. Leslie Josephs | CNBC DUBAI, United Arab Emirates — The outlook for the airline industry continues to be bleak, and one CEO has issued a particularly devastating warning on its future as fears mount over a potential second wave of coronavirus infections this fall and winter. “The
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A fleet of Airbus SE A380 passenger aircraft, operated by British Airways, a unit of International Consolidated Airlines Group SA, sit parked near other grounded jets at Chateauroux airport in Chateauroux, France, on Thursday, Aug. 27, 2020. Nathan Laine | Bloomberg | Getty Images SINGAPORE — Strong government support has stopped some airlines from going bankrupt — but more
Cruise stocks are climbing. Shares of Carnival, Royal Caribbean Group and Norwegian Cruise Line Holdings surged Friday after Barclays analysts upgraded all three stocks to overweight from equal weight, saying the group was “nearing an inflection point.” The firm cited the Centers for Disease Control and Prevention’s upcoming announcement regarding the end of its no-sail
Travel stocks head into the new week on two different tracks. Cruise line stocks ended last week under pressure after a White House meeting with cruise CEOs was postponed following President Donald Trump‘s positive Covid test. Airline stocks ended higher after House Speaker Nancy Pelosi signaled additional government assistance for the beaten-down industry. Craig Johnson,
With elementary and high school around the world attending school virtually this fall, hotels are selling an unlikely travel opportunity — the “schoolcation.” Families are being enticed from their homes by hotels promising a change of scenery alongside tutoring, round-the-clock tech help and after-school activities that are more fun than what’s available back home. Relieving
The process to bring back furloughed pilots can take as long as 15 months due to the industry’s extensive and intricate training system, according to an airline labor union official and pilot. “It’s a very large ship and when you stop it, it takes a lot of energy to get it back up and running,” Dennis
Getty Images Oil prices are expected to rise just slightly in the final quarter of the year, held back from further gains by a deep chill in global travel and a still healing economy. Analysts forecast the prices of Brent and West Texas Intermediate should rise to the low to mid-$40s per barrel, but they
Usually when passengers find themselves sitting on a grounded commercial airplane, reactions range from impatience to downright anger. But these are not usual times. That’s one of several activities that Singapore Airlines is launching instead of what media reports have dubbed “flights to nowhere.” The airline announced this week it was abandoning plans for destination-less flights —
Federal Aviation Administration (FAA) Chief Steve Dickson, sitting inside the flight deck of a Boeing 737 MAX aircraft, conducts a pre-flight check ahead of an evaluation flight from Boeing Field in Seattle, Washington, September 30, 2020. Mike Siegel | Pool | via Reuters The head of the Federal Aviation Administration was upbeat about Boeing‘s 737
A pilot walks by United Airlines planes as they sit parked at gates at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images United Airlines‘ pilots approved a plan to avoid furloughs that were set to begin as early as next month, the company said Monday, marking
A JetBlue Airways Corp. plane taxis next to American Airlines Group Inc., Delta Air Lines Inc., and Alaska Airlines Inc. aircraft at Reagan National Airport (DCA) in Arlington, Virginia, U.S., on Monday, April 6, 2020. Andrew Harrer | Bloomberg | Getty Images The coronavirus pandemic has turned airlines’ most price-sensitive customers into a prize. Airlines
Antarctica Flights operates 12-hour sightseeing tours over the continent that take off and land on the same day. Courtesy of Antarctica Flights The coronavirus has ravaged the world now for nine months, with people across the globe enduring lockdowns of varying intensities, workplace and school shutdowns and restrictions on group gatherings. Yet there’s still one continent
A United Airlines aircraft Nicolas Economou | NurPhoto | Getty Images United Airlines will offer some Hawaii-bound customers rapid-response coronavirus tests at the airport, an effort to get around quarantine requirements and eventually, open up more destinations to travelers during the pandemic. Passengers booked from United’s San Francisco hub to Hawaii, one of its most popular
Semir Jahic, sales engineering lead in EMEA at Clari, and his wife plan to spend some time in Spain. Semir Jahic LONDON — With the Northern Hemisphere’s winter around the corner, British tech workers who are now able to work remotely as a result of the coronavirus pandemic are moving to warmer countries. While it’s
After closing its borders six months ago, South Africa is scheduled to reopen to international travelers on Oct. 1. Kruger National Park and the country’s winery-laden Western Cape — which includes the capital city of Cape Town and its most famous natural wonder, Table Mountain — will likely dominate travelers’ itineraries. But there are other parts of
A tourist in Singapore taking in the iconic skyline with Marina Bay Sands and the Singapore Flyer in view. IronHeart | Moment | Getty Images Singapore is gradually reopening its borders again after months of coronavirus travel restrictions. As the city-state looks to salvage its battered tourism industry — which contributes around 4% to its
A locked gate is seen after the Hong Kong Disneyland theme park has been closed, following the coronavirus outbreak in Hong Kong, China January 26, 2020. Tyrone Siu | REUTERS Disney’s Hong Kong-based theme park will finally be permitted to reopen this Friday, two months after it was forced to shut down for a second
An American Airlines Boeing 737 MAX 8 flight from Los Angeles lands at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, March 13, 2019. Joshua Roberts | Reuters American Airlines is planning to start training its pilots on the still-grounded Boeing
These days, the idea of packing your bags and retiring to an exotic location might sound tempting. While coronavirus restrictions have put a damper on travel, people are certainly planning, or at least accessing their options, for when the pandemic passes, said Dan Prescher, senior editor at the expat website International Living. The site has
Singapore Airlines is said to be considering a new route next month — what media reports are calling a “flight to nowhere.” Flights that take off and land from the same place — in this case, Singapore Changi Airport — may start as early as next month, according to a report in the local Straits Times
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