A report by the Globe Travel & Tourism Council estimates that the world wide travel industry will include 126 million new work in the next decade, 65% of which are projected to be in Asia-Pacific, CNBC’s Monica Pitrelli experiences.
Asia-Pacific’s vacation field could entirely recover by 2023, Planet Journey & Tourism Council claims
Travel
United Airlines CEO on merger rumors: We want to create a truly globally competitive U.S. airline
CNBC’s Phil LeBeau and United Airlines CEO Scott Kirby joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, reports of the company’s interest in a potential merger with American Airlines, impact of the rising jet fuel prices, future of Spirit Airlines, travel demand outlook, and more. Source
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Travel
What a looming jet fuel shortage could mean for summer travel
Looming jet fuel shortages could throw a wrench into Americans’ summer travel plans, especially for people flying overseas on international airlines. But there are a few steps consumers can take to insulate themselves and minimize disruption, travel experts said. The Iran war and an associated disruption to global oil supplies are triggering fears that jet […]
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Travel
American Airlines falls 3% premarket after dismissing United megamerger
American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images American Airlines stock fell in premarket trading on Monday after it rejected talks of a potential megamerger with United Airlines late last […]
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