Travel
JetBlue CEO Robin Hayes and Spirit Airlines CEO Ted Christie break down blockbuster airline deal
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau sits down with JetBlue CEO Robin Hayes and Spirit Airlines CEO Ted Christie to discuss JetBlue’s move to buy Spirit after the discount carrier decided to end its merger plans with Frontier Airlines. The pair of CEOs explain how […]
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JetBlue agrees to buy Spirit in $3.8 billion deal to create fifth-largest U.S. airline
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways reached a deal to buy Spirit Airlines, hours after the discount carrier scrapped plans to merge with Frontier Airlines. The New York-based carrier said it will pay $33.50 a share in cash for Spirit in a […]
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Spirit terminates merger agreement with Frontier that was marred by JetBlue’s rival bid
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spirit Airlines terminated its merger agreement with Frontier Airlines on Wednesday, months after rival suitor JetBlue Airways’ all-cash bid threw the planned tie-up into disarray. Shareholders […]
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Spirit shareholders to finally vote on Frontier deal clouded by rival JetBlue bid
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines shareholders are scheduled to finally vote on a planned tie-up with Frontier Airlines on Wednesday, a deal that has been on the rocks following a […]
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Here’s how U.S. companies are rethinking vacation time
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Research shows that unplugging and taking paid time off can prevent burnout, but a new study shows a majority of workers in the U.S. plan to take shorter vacations this year. CNBC’s Sharon Epperson joins ‘Squawk Box’ with the details. Source
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Ryanair CFO Neil Sorahan on earnings, fall travel forecast
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Neil Sorahan, CFO for Ryanair Group, joins CNBC’s ‘Squawk Box’ to break down the airline’s earnings report and its forecast for the fall travel season. Source
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Analyst explains why Ryanair has been doing better than many airlines
John Grant of OAG discusses Ryanair’s latest earnings and challenges in the airline industry. Source
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‘They need to get real’: Airlines slammed for betting on alternative fuels to reduce emissions
One of the ways that the sector is seeking to replace conventional fossil jet fuel is by exploring the use of sustainable aviation fuels, or SAF. Justin Tallis | Afp | Getty Images FARNBOROUGH, England — Airline executives at Britain’s Farnborough International Airshow are betting on the use of so-called sustainable aviation fuels to reduce […]
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Marriott opens new Ritz Carlton in Manhattan as NYC tourism roars back
The Ritz-Carlton in the NoMad neighborhood of New York City. Seema Mody | CNBC Marriott next week will open a swanky new Ritz Carlton hotel in Manhattan, marking a bet on the surge in luxury travel and the hopeful return of business travelers this fall. “It’s got 10,000 square feet of meeting space, a 7,000-square-foot […]
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U.S. travelers go abroad in bigger numbers as foreigners curb travel here
CNBC’s Seema Mody reports on the stronger dollar’s impact on travel. Source
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