Travel
Alaska Airlines CEO: We expect a better second-half of the year than first-half results
CNBC’s Phil LeBeau with Alaska Airlines CEO Ben Minicucci, join ‘The Exchange’ to discuss Q2 earnings, the recent IT outage and booking demand. Source
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American Airlines CEO Robert Isom: See supply and demand trends moving in our favor in Q3 and Q4
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and American Airlines CEO Robert Isom join ‘Squawk Box’ to discuss the company’s quarterly earnings results, Q3 profit forecast, softness in domestic travel, corporate travel demand outlook, and more. Source
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American Airlines scales back 2025 profit outlook as third-quarter forecast falls short
American Airlines planes on the tarmac at the Miami International Airport on Feb. 19, 2025 in Miami, Florida. Joe Raedle | Getty Images American Airlines‘ third-quarter profit forecast fell short of expectations as the carrier reinstated its 2025 financial forecast well below its outlook at the start of the year. American on Thursday forecast a […]
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New entrance fee to visit Europe set to triple, says European Commission
Some travelers may need to pay more to enter parts of Europe come 2026. The price for travel authorization under the European Travel Information and Authorisation System is set to nearly triple, according to an announcement from the European Commission Friday. The system, known as ETIAS, hasn’t been implemented yet. The authorization, which was adopted in […]
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The most powerful passports of 2025: The US and the UK fall, while India rises
Singapore has the world’s strongest passport — again, according to the latest Henley Passport Index. The ranking, released Tuesday, shows the small nation-state retaining the top spot in the index, after it broke a six-way tie for the accolade earlier this year. In 2024, Singapore shared the top ranking with Japan, Germany, Italy, Spain and […]
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Businesses are cautiously spending on corporate travel as trade uncertainty looms
istocksdaily | iStock | Getty Images Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties, according to new reports from the Global Business Travel Association and travel and expense platform Navan. Corporate travel spending activity increased 15% year over year in the […]
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How Canadian boycotts are impacting the U.S.
Amid rising trade and political tensions, Canadian consumers are increasingly turning their backs on American products. Giancarlo Trimarchi, owner of Vince’s Market, a Canadian grocery chain, has seen the backlash firsthand. “Customers are demanding as much Canadian product as possible and get upset when they see U.S. goods,” he said. In a move that could […]
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How boycotts on American products and travel are impacting the U.S.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In response to U.S. tariffs and President Trump’s policies, 71% of Canadian consumers say they intend to buy fewer American products this year, according to retail data consulting firm Dunnhumby. That’s having an impact. The US economy could lose up to 0.3% […]
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China’s affluent are as pessimistic about the economy as they were during the Covid-19 pandemic
A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images BEIJING […]
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Truist’s Patrick Scholes talks Royal Caribbean’s rating cut
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Truist’s Patrick Scholes joins ‘Closing Bell Overtime’ to talk the decision to cut Royal Caribbean’s stock rating and his top picks in the travel sector for the second half of the year. Source
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