In accordance to a study by Non-public Jet Card Comparisons, 94% of respondents who are new to the industry program to fly on personal jets in the future, but a lot less routinely than just before. CNBC’s Monica Pitrelli points out why.
Need for private jets stays large, but flyers are not joyful about escalating expenditures
Travel
IndiGo shares jump 11% as U.S.-Iran ceasefire is likely to ease India’s aviation sector woes
An aircraft of InterGlobe Aviation Limited, IndiGo is landing in Mumbai, India, on June 20th, 2023. Indranil Aditya | Nurphoto | Getty Images Shares of India’s largest airline, IndiGo, rose more than 11%, before paring some gains, as the U.S.-Iran ceasefire announced Wednesday is likely to ease the strain on India’s aviation sector. In a […]
Read More
Travel
Transportation Sec. Duffy: There’s room for airline mergers in the U.S.
Sean Duffy, U.S. Transportation Secretary, joins ‘Power Lunch’ to discuss staffing challenges with air traffic control, the impact of higher air fares and much more. Source
Read More
Travel
Airlines face higher jet fuel costs
CNBC’s Phil Le Beau joins ‘Squawk on the Street’ to discuss airline earnings, rising jet fuel prices Source
Read More