Travel
LVMH-backed investor group takes 20% stake in private jet company Flexjet
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Power Lunch CNBC’s Robert Frank reports on news regarding private equity’s investment in the private flight industry. 01:59 20 minutes ago Robert Frank Source
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Travelers to the US must pay a new $250 ‘visa integrity fee’ — What to know
Visitors to the United States will soon need to pay a “visa integrity fee,” according to a provision of President Donald Trump administration’s recently enacted One Big Beautiful Bill Act. The fee applies to all visitors who need non-immigrant visas to enter, and cannot be waived. However travelers may also be able to get […]
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United Airlines CEO Scott Kirby: Seeing an uptick in demand for business travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and United Airlines CEO Scott Kirby join ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of air travel demand, Q3 forecast, travel around Newark Liberty International Airport, international travel demand, and more. Source
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5 things to know before the stock market opens Thursday
Here are five key things investors need to know to start the trading day: 1. Mixed messages President Donald Trump on Wednesday denied the he plans to fire Federal Reserve Chair Jerome Powell following reports that he told Republican lawmakers that he would. A senior White House official told CNBC that Trump asked House Republicans […]
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Construction begins on Las Vegas Sands’ $8 billion ‘ultra luxurious’ resort in Singapore
Construction has started on an $8 billion “ultra luxurious” integrated resort in Singapore that will expand the city-state’s Marina Bay Sands integrated resort and Las Vegas Sands’ presence in Asia. Singapore’s Prime Minister Lawrence Wong and Las Vegas Sands co-founder Miriam Adelson attended a ground-breaking ceremony Tuesday, where it was revealed that the development will […]
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United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’
A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images United Airlines‘ second-quarter earnings beat estimates and its CEO said travel demand is picking upafter a rocky start to 2025. United expects to post adjusted earnings of between $9 and […]
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Here are 10 of the most expensive cities for high-net-worth individuals, according to a new report
Singapore retains its title as the most expensive city for high-net-worth-individuals, according to Julius Baer’s 2025 Global Wealth and Lifestyle report. Deejpilot | E+ | Getty Images Singapore retained its top spot as the most expensive city globally for high-net-worth individuals (HNWIs) for the third consecutive year, according to the 2025 Global Wealth and Lifestyle […]
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Joby Aviation says it is doubling production at its air taxi manufacturing hub
JoeBen Bevirt, founder and CEO of Joby Aviation, stands near an electric air taxi by Joby Aviation at the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | Reuters Joby Aviation is ramping up its manufacturing capabilities in the U.S. as it races to roll out air taxi service […]
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Airport boom in smaller Indian cities is a great opportunity for us: Travel Food Services CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Varun Kapur, MD & CEO of Travel Food Services, discusses growth opportunities as India’s aviation sector expands. Shares of the airport lounge and QSR operator debuted on July 14, closing about 2% below the listing price. Source
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Wizz Air exits Abu Dhabi
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email “The Middle East isn’t an easy market to fly into,” Mark Martin, CEO of Martin Consulting tells CNBC’s Dan Murphy after low-cost Hungarian carrier Wizz Air announced it would exit Abu Dhabi. Source
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