Travel
Goldman Sachs sees ‘significant’ investment opportunities as the population ages
The world is getting older — and with that demographic change comes “significant” investment opportunities, according to Goldman Sachs. Fertility rates are declining and people are living longer, resulting in an older demographic taking a larger share of the total population. The global population is expected to rise by about 20% through 2050, said analyst […]
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‘The Sound of Music’ turns 60 this year. Salzburg has plenty in store for fans
In Salzburg, Austria last spring, I skipped around the fountain outside Mirabell Palace. Others did too. Some 60 years earlier, Maria and the von Trapp children danced around the palace’s Pegasus Fountain, singing “Do-Re-Mi,” one of most famous songs from “The Sound of Music.” The movie recounts the story of the von Trapp family, and […]
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What to expect from travel prices in 2025 — and which destinations have the best vacation bargains
Osaka, Japan. Jiale Tan | Moment | Getty Images The new year has many travelers thinking ahead to 2025 vacation plans — and how much those trips may cost. About half — 51% — of Americans say flight cost will determine their destination choices this year, according to Skyscanner. And 50% said hotel costs are […]
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Dozens of flights diverted, delayed after FAA warned of SpaceX rocket debris
View of Space X’s Starship on the launch pad for its seventh test flight, in Boca Chica, Texas, U.S. Maxar Technologies | Via Reuters Several commercial flights were diverted or delayed after SpaceX’s Starship rocket broke up during its seventh flight test on Thursday. Dozens of flights were affected, according to flight-tracker Flightradar24. The Federal Aviation […]
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Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. “We are executing on plans to rightsize our organization to align with our current fleet […]
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DOT sues Southwest, fines Frontier for ‘chronically delayed flights’
A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights. The lawsuit follows a […]
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Travelers can soon fly from Singapore to the ‘gateway’ to Komodo National Park
Jetstar Asia will launch direct flights linking Singapore to Labuan Bajo, the Indonesian town considered the “gateway” to Komodo National Park, the company said. The park, a UNESCO Heritage Site inscribed in 1991, is home to several thousand Komodo dragons, the largest species of lizard in the world, according to UNESCO. Komodo National Park is […]
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Southwest Airlines pauses corporate hiring, most summer internships to cut costs
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that […]
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Travel demand has come back very strongly, says Star Alliance CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Theo Panagiotoulias, CEO of Star Alliance, talks about the post-pandemic rebound in the travel sector, and some of the key regions and routes he’s watching in 2025. Source
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Airlines cancel more than 2,000 U.S. flights amid storm, Delta slide-evacuation at Atlanta
Snow blankets the Hartsfield-Jackson Atlanta International Airport as a winter storm moves into the area on Jan. 10, 2025 in Atlanta, Georgia. Joe Raedle | Getty Images Airlines canceled more than 2,000 flights on Friday as a massive winter storm snarled travel across the Southern U.S., while more than 2,000 others were delayed. Operations were […]
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