Travel
Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia’s gross domestic product if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday. “We have a big, ambitious kind of goal, which is about 2 million tourists by 2030, which will be around a $4 billion contribution towards our GDP,” […]
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Airbnb issues disappointing revenue guidance for second quarter
Airbnb CEO Brian Chesky appears at “The Game Plan: Strategies for Entrepreneurs” at Airbnb Open in Los Angeles on Nov. 19, 2016. Kurt Krieger – Corbis | Getty Images Entertainment | Getty Images Airbnb reported results for the first quarter that were mostly in line with estimates, but the company issued a disappointing revenue forecast […]
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L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays
First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan. 20, 2025. Patrick T. Fallon | AFP | Getty Images The […]
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Norwegian Cruise Line shares fall on potential softness
The Norwegian Pearl cruise ship anchored off shore on January 07, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images The cruise industry is on the lookout for rough seas ahead when it comes to consumer confidence and travel budgets. For instance, Norwegian Cruise Line Holdings reports some “choppiness” in cruises booked to Europe […]
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Booking Holdings CEO on travel demand: At the end of the day people will always want to travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Glenn Fogel, Booking Holdings CEO, joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of travel demand, impact of policy uncertainty, utilizing AI for travel, and more. Source
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Dubai Airports CEO talks about prioritizing speed & tech upgrades
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dubai International’s DXB has cemented its place as the busiest airport in the world. CEO Paul Griffiths talks about managing that traffic, and his outlook on cargo & passenger volume in light of trade and recession concerns. Source
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Grab CFO: See greater growth and profitability in ‘underpenetrated’ Indonesia
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Grab’s CFO Peter Oey discusses why Indonesia remains a strategic priority for the business, emphasising a stronger focus on affordability and driver recruitment. Source
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JetBlue to partner with another U.S. airline in the coming weeks, president says
JetBlue Airways ranked no. 1 in customer satisfaction for best in first and business class. Aaronp/bauer-griffin | Gc Images | Getty Images JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s president said Tuesday. One possibility: United Airlines. JetBlue’s leaders have […]
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U.S. Travel Association CEO Geoff Freeman on the impact of tariffs on U.S. tourism
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Geoff Freeman, U.S. Travel Association president and CEO, joins ‘Squawk Box’ to discuss the impact of tariffs on the travel industry, declines in visits to the U.S., and more. Source
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Indian airlines can’t fly over Pakistan. Here’s how that is affecting flights
Pakistan’s closure of its airspace to Indian airlines Thursday is forcing carriers to alter some routes that link India to Europe, North America, Central Asia and the Middle East. Indian carriers — including Air India, IndiGo, Akasa Air and SpiceJet — must now fly longer, and thus costlier, flights on some westbound routes. The detour […]
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