Travel
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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Private jet demand declines as tariffs spook would-be buyers
A Cessna Citation jet aircraft is viewed at Charles M. Schulz Sonoma County Airport in this aerial photo taken on June 1, 2021, near Healdsburg, California. George Rose | Getty Images With consumer confidence tumbling, demand for commercial air travel has waned. Even deep-pocketed travelers are pulling back, according to Barclays’ latest survey of business […]
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Ascott plans to double India portfolio, says limited supply provides room for growth
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Lee Ngor Houai, Ascott COO for EMEA, South Asia, and China, discusses the company’s plan to expand its portfolio in India to 12,000 units by 2028, with limited supply providing ample room for growth. He remains optimistic about India’s growth prospects, driven […]
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Fewer Americans are planning summer vacations. Travel costs aren’t the top reason
Fewer Americans are planning to travel this summer, according to a survey by the consumer finance company Bankrate. Some 46% of respondents said they are planning a summer vacation this year — down from 53% in 2024. Of those who don’t intend to travel, nearly two-thirds (65%) said money was the main reason. However, it’s […]
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We are still short on planes and engines, says Korean Air Chairman
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Korean Air CEO and Chairman, Walter Cho, discusses airline’s supply chain shortages, navigating Trump’s tariff issues and its merger with Asiana Airlines. Source
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Alaska Airlines warns of slower demand as second-quarter profit outlook falls short
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected bookings. Alaska said […]
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