Travel
Travel companies using AI could help them become big winners, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI head of internet research, joins ‘Closing Bell’ to discuss the govt. shutdown’s impact on travel, which stocks is one of Evercore’s top picks and much more. Source
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Tourism hit hard by government shutdown: Here’s what to know
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Contessa Brewer joins ‘Squawk on the Street’ to discuss the impact of the government shutdown on the tourism industry. 03:27 an hour ago Contessa Brewer Source
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Expect an ‘extraordinary’ jump in Chinese tourism this Golden Week: Economist
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Erica Tay, economist at Maybank Investment Banking Group, discusses how “holiday stringing” would impact Chinese domestic and outbound tourism during the Golden Week holiday, and why she’s not overly concerned about unemployment in China being at a 6-month high. Source
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‘Seconds count’: Avoiding airplane collisions at airports could come down to cockpit alerts
ABOARD A HONEYWELL TEST PLANE — Aerospace giant Honeywell is building new cockpit alerts that developers say will give airline pilots more precious time to react to hazards at airports. Honeywell senior test pilot Capt. Kirk Vining late last month put the alerts — called Surface Alert, or SURF-A — to the test by recreating […]
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Spirit Airlines is halting 40 routes, hires ex-Amazon network planning exec
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines told staff Friday that it’s suspending about 40 routes, finalizing a 25% cut to its November schedule as it scrambles to slash costs in bankruptcy and […]
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U.S. startup airline Breeze Airways plans first international flights
A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Matt May | Bloomberg | Getty Images U.S. startup airline Breeze Airways is planning to fly internationally for the first time early next year, aiming to win over sun-seeking travelers as the carrier enters its fifth year […]
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Trade is the leading indicator for business aviation demand: VistaJet
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Thomas Flohr, Founder and Chairman of VistaJet, discusses the growing demand for business aviation routes connecting Asia, the Middle East, and America. This boom is largely driven by international trade agreements and increased economic activity across these regions. Source
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CNBC’s UK Exchange newsletter: From thoroughbreds to unicorns — how Britain’s startup sector is evolving
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch The U.K. government is pleased with how U.S. President Donald Trump’s historic second state visit went last week. In particular, there is satisfaction at the £150 billion ($203 billion) worth of investment decisions announced, even though some were already known […]
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Spirit Airlines to furlough 1,800 flight attendants to cut costs in bankruptcy
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its […]
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Some premium travel rewards credit cards now cost over $500 per year. What to know before you apply
American Express announces the new platinum business card. Courtesy: American Express As issuers push annual fees higher for some premium travel rewards credit cards, experts say it’s important for consumers to consider if such cards are worth the cost. On Thursday, American Express announced that consumer and business versions of its Platinum credit card will […]
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