Travel

Department of Transportation to meet with airline CEOs to avoid summer travel disruptions
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Department of Transportation is expected to meet with airline CEOs to discuss the busy summer travel season. CNBC’s Phil LeBeau joins ‘Squawk Box’ with the details. Source
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Travel has become much more valuable and people are willing to pay more, says Malaysia’s Capital A
Tony Fernandes of the airline discusses its timeline for returning to pre-Covid capacity. Source
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Spirit Airlines says it will decide on competing JetBlue, Frontier bids before the end of June
A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines said Tuesday that its board will decide on competing offers from JetBlue Airways and Frontier Airlines before a shareholder meeting at the end of the month as […]
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Why Californians are fleeing to Mexico
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In 2021, more than 360,000 people left California in what many are calling the “California Exodus” as residents move to states like Texas, Arizona and Washington. But a rising number of them are migrating out of the country and instead, heading south […]
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Golf vacations to top British courses are selling out this year — and next
Travelers planning a golfing vacation to prestigious courses in the United Kingdom may need to act fast. Some of the U.K.’s top venues are selling out, not just this year, but for spots — or tee times — in 2023, due in part to growing confidence in international travel among wealthy Americans. Travelers are attracted […]
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These two cruise lines stand out above the rest, Susquehanna says
The hard-hit cruise industry should see demand recover, but a testy economy means investors should be selective with which stocks to pick, according to Susquehanna Financial Group. “Positively, the industry is on the mend; liners are planning to redeploy their full fleets into the summer and have a line of sight to profitability into 2023. […]
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Cruise stocks lose steam
CNBC’s Seema Moody joins ‘The Exchange’ to report on the headwinds faced by cruise lines compared to other travel stocks. Source
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Jim Cramer says now is the time to build a position in Uber
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Spirit Airlines postpones special meeting on Frontier deal
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Spirit Airlines has postponed its shareholder vote scheduled for Friday to consider its tentative agreement to merge with Frontier Airlines. CNBC’s Phil LeBeau joins ‘Squawk Box’ with the details. Source
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Bookings through summer are looking very, very strong, says Hyatt president and CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Hoplamazian, Hyatt president and CEO, joins ‘Squawk on the Street’ to discuss how Hyatt’s business looks, how foreign demand in the U.S. is faring and whether labor troubles are affecting Hyatt’s business. Source
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