Travel
Private jet demand declines as tariffs spook would-be buyers
A Cessna Citation jet aircraft is viewed at Charles M. Schulz Sonoma County Airport in this aerial photo taken on June 1, 2021, near Healdsburg, California. George Rose | Getty Images With consumer confidence tumbling, demand for commercial air travel has waned. Even deep-pocketed travelers are pulling back, according to Barclays’ latest survey of business […]
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Ascott plans to double India portfolio, says limited supply provides room for growth
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Lee Ngor Houai, Ascott COO for EMEA, South Asia, and China, discusses the company’s plan to expand its portfolio in India to 12,000 units by 2028, with limited supply providing ample room for growth. He remains optimistic about India’s growth prospects, driven […]
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Fewer Americans are planning summer vacations. Travel costs aren’t the top reason
Fewer Americans are planning to travel this summer, according to a survey by the consumer finance company Bankrate. Some 46% of respondents said they are planning a summer vacation this year — down from 53% in 2024. Of those who don’t intend to travel, nearly two-thirds (65%) said money was the main reason. However, it’s […]
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We are still short on planes and engines, says Korean Air Chairman
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Korean Air CEO and Chairman, Walter Cho, discusses airline’s supply chain shortages, navigating Trump’s tariff issues and its merger with Asiana Airlines. Source
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Alaska Airlines warns of slower demand as second-quarter profit outlook falls short
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected bookings. Alaska said […]
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Travel + Leisure CEO: Didn’t see travel impacted in Q1 despite poor economic sentiment
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mike Brown, Travel + Leisure president and CEO, joins ‘The Exchange’ to discuss the recent drama in the travel sector, if visitors from other countries are still visiting the U.S., and much more. Source
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International tourism to the U.S. slumps, but Americans can’t stop traveling overseas
Tourists look at the Bridge of Sighs in Venice, Italy, on Aug. 25, 2021. Andrea Merola | Bloomberg | Getty Images Caroline Smith, an accounting director from Verona, New Jersey, and her husband took their two children to Italy for Easter break this month. On the Spanish Steps in Rome, they ran into another family […]
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Boeing CEO says China has stopped taking its aircraft amid trade war
China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods. Bloomberg | Bloomberg | Getty Images Boeing could hand over some of its aircraft that were destined […]
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Boeing reports results before the bell. Here’s what to expect
A Boeing 737 aircraft fuselage is pictured at the company’s Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty Images Boeing is set to report results before the market opens on Wednesday, when Wall Street expects to see some improvements despite a trade war and other supply chain problems. […]
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More travelers are using ‘buy now, pay later’ plans to pay for trips. Here’s when it may make sense
Kristin Herman said using a “buy now, pay later” service to pay for a last-minute trip to Miami felt like a lifesaver. She said the approval was quick, and there were no upfront costs — but she accidentally skipped a scheduled payment. “One missed reminder turned into fees,” she told CNBC Travel. Rane Teo, however, […]
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