Steve Trent, airline analyst at Citigroup, joins CNBC’s ‘Squawk Box’ to discuss whether now is the time to buy airline stocks amid the busy travel season.
Airline demand has returned quicker than most anticipated, says Citigroup analyst
Travel
American Airlines flight attendants picket as CEO tries to calm frustrated employees
American Airlines flight attendants’ union plans to hold a picket outside the company’s headquarters on Thursday pushing for new leadership at the carrier, which has lagged rivals Delta Air Lines and United Airlines in profitability and punctuality. Ahead of the picket on Wednesday night, American CEO Robert Isom sought to calm frustrated employees and listed […]
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Travel
BTS comeback tour turbocharges concert tourism, with hotel searches jumping as much as 6,700%
Concert tourism is expected be one of the travel industry’s more lucrative drivers this year, according to Trip.com, and the upcoming global comeback tour by K-pop group BTS appears to be reinforcing that trend. Flights and hotel rooms at their tour locations — in 34 cities across Asia, North and South America, Australia, Europe and […]
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Travel
FAA halts El Paso airport flights for 10 days, citing ‘special security’ instructions
El Paso International Airport Google Earth The Federal Aviation Administration abruptly grounded all flights in and out of El Paso International Airport in Texas for 10 days starting Wednesday, citing “special security” instructions. The FAA didn’t immediately say what the security reasons for the sudden halt are. The airport sits next to Biggs Army Airfield […]
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