Travel
U.S. Transportation Secretary Pete Buttigieg discusses air travel problems and cancellations
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Pete Buttigieg, U.S. Transportation Secretary, joins ‘Power Lunch’ to discuss what measures Americans should expect from the government in response to airline delays and cancellations, if Buttigieg is considering strategies to mitigate economic stresses and more. Source
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More than 1,800 flights canceled over holiday weekend: FlightAware
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau joins ‘Squawk Box’ to break down how major airlines held up over the busy holiday weekend amid a slew of recent delays and cancellations. Source
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There are limited hopes that the airline industry’s problems will improve in the coming months, says analyst
Ruxandra Haradau-Doser, head of airlines and airports equities research at Kepler Cheuvreux, discusses employee strikes, flight cancelations and the rise in Covid rates. Source
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Fourth of July travel surge puts airlines — and passengers — to the test
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Fourth of July holiday weekend will put airlines to the test after a messy spring angered travelers and drew sharp criticism from Washington. Already this year, the rate of flight cancellations and delays in June is higher than before […]
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I can’t recommend buying any cruise stocks, hold sell rating on Carnival: Truist’s Scholes
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Truist analyst Patrick Scholes joins CNBC’s ‘Squawk Box’ to break down cruise stocks, which were the worst quarter performers as markets head into the second half of 2022. Source
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Airlines have oversold tickets, says Allied Pilots Association’s Dennis Tajer
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Allied Pilots Association’s Dennis Tajer, a pilot with American Airlines, joins CNBC’s ‘Squawk Box’ ahead of the busy holiday travel weekend to break down whether airlines will be able to keep up with strong demand. Source
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Here’s what you need to know if you’re traveling for the Fourth of July
NBC’s Tom Costello joins ‘Squawk Box’ to break down how much Americans can expect to spend on travel over the holiday weekend amid higher energy prices. Source
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Priceline CEO: It’s a healthy travel economy at the moment
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Priceline CEO Brett Keller joins CNBC’s ‘Squawk Box’ to explain why higher air costs and hotel prices are not slowing down the summer travel surge. Source
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The ‘Halftime Report’ investment committee weigh in on cruise stocks
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s ‘Halftime Report’ investment committee, Liz Young, Joe Terranova, Steve Weiss and Pete Najarian discuss Carnival and cruise line stocks. Source
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Delta offers free flight changes over July Fourth weekend ahead of possible ‘operational challenges’
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is allowing travelers to change their tickets for free during the busy Fourth of July weekend, allowing fliers to avoid paying a fare difference and skip the airport during a “potentially challenging” few days. The unusual offer, normally extended […]
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