Travel
Stocks making the biggest moves midday: Carnival, FedEx, Zendesk and more
The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Here are the stocks making headlines in midday trading: Carnival Cruise Lines – Shares of Carnival Cruise Lines jumped 11% after the travel company said it had its best booking volumes since the […]
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United Airlines pilots to get raises of more than 14%, 8 weeks of maternity leave in new contract
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images The union representing United Airlines pilots has approved a tentative deal that would give the aviators pay raises of more than 14%, making it the first major U.S. carrier to reach a deal since the start […]
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Airlines need to cut back flight capacity, says flight attendants union leader
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sara Nelson, international president of the Association of Flight Attendants, joins CNBC’s ‘Squawk Box’ to break down what’s driving a wave of airline cancellations over the busy summer travel season. Source
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United Airlines to cut about 12% of its daily Newark flights to address congestion
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s ‘Squawk Box’ team reports United Airlines will cut about 12% of its daily flights from Newark Liberty International Airport next month to help reduce congestion. Source
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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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