Travel

American Airlines to stop flying to four small cities, citing pilot shortage
American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images American Airlines plans to drop service to four U.S. cities in September, including Dubuque, Iowa, which will lose scheduled commercial air service altogether. […]
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Airlines failed to plan for travel boom, 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’ to weigh in on the pilot shortage hitting airlines during the busy holiday travel season. Source
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Redwood Materials and Toyota join forces to recycle electric-vehicle batteries
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email JB Straubel, former chief technology officer at Tesla and CEO of Redwood Materials, sits down with CNBC’s Phil LeBeau to discuss the company’s plan to team up with Toyota to recycle and reuse electric-vehicle batteries. Source
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Airline demand has returned quicker than most anticipated, says Citigroup analyst
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email 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. Source
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Full Interview: Emirates president on passenger demand, air travel recovery and soaring inflation
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Emirates President Tim Clark speaks to CNBC’s Dan Murphy about the soaring cost of fuel and the airline’s rebound post-pandemic. Clark says Emirates has seen a “very strong” recovery since summer 2021. Source
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Emirates president says demand remains resilient, unlikley to dissipate in the short term
Emirates President Tim Clark says the company has seen a “very strong” recovery since the summer of 2021. Source
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It’ll take two to three years for the aviation sector to recover from labor shortages, says Air Arabia CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Capital Connection Adel Ali, CEO of Air Arabia, discusses the need for more technical and operational expertise in the aviation sector. 02:12 an hour ago Source
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Airport chaos and delays are ‘isolated’ and not every airport is experiencing problems, says IATA
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Willie Walsh of the International Air Transport Association says that in the “vast, vast majority” of cases, flights are operating on schedule, without disruptions. Source
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‘Revenge travel’ is taking place throughout Asia-Pacific, says industry body
Subhas Menon of the Association of Asia Pacific Airlines says that because Asia-Pacific was the region that was closed for the longest period and with the most stringent Covid-19 restrictions, it will take some time before its travel demand returns to pre-pandemic levels. Source
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Airline stocks tumble as economic concerns overshadow travel surge
An American Eagle aircraft taxis as a Southwest Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, January 24, 2022. Joshua Roberts | Reuters Packed planes. Sky-high airfare. An end to Covid testing for international arrivals. So much is going in airlines’ favor these days — except their share prices. The sector’s latest drop […]
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