Peter Harbison of CAPA – Centre for Aviation discusses the outlook for the airline marketplace and suggests it will “certainly not” return to pre-Covid stages of pricing and availability in 2023.
Airline fares will in all probability be ‘substantially higher’ till 2024, states aviation analysis agency
Travel
China’s affluent are as pessimistic about the economy as they were during the Covid-19 pandemic
A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images BEIJING […]
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Travel
Truist’s Patrick Scholes talks Royal Caribbean’s rating cut
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Truist’s Patrick Scholes joins ‘Closing Bell Overtime’ to talk the decision to cut Royal Caribbean’s stock rating and his top picks in the travel sector for the second half of the year. Source
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Travel
LVMH-backed investor group takes 20% stake in private jet company Flexjet
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Power Lunch CNBC’s Robert Frank reports on news regarding private equity’s investment in the private flight industry. 01:59 20 minutes ago Robert Frank Source
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