Delta Air Traces CEO Ed Bastian joins CNBC’s Phil LeBeau and the ‘Squawk Box’ staff to go over the firm’s revised assistance and journey desire forecast in 2023 amid a potential recession.
Delta Air Lines CEO Ed Bastian: We forecast robust continued vacation demand
Travel
Airline bookings haven’t moved with the times. That’s about to change
In June, my children and I flew from Singapore to Texas to visit family. Several weeks later, we met up with my husband in New York City. Then I flew, solo, back to Asia, later followed by my husband. Eventually the kids returned with a set of grandparents in tow. All in, our summer trip […]
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Travel
Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty Images In March, Spirit Airlines came out of bankruptcy protection in less than four months and entered a worsening landscape. Consumers were holding off booking flights and U.S. planes […]
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Travel
Fewer people are drinking — and that’s changing how they travel
Peter Shankman, an American, said he looked forward to free drinks when he flew business class for work. The entrepreneur would have a drink, then a few more, sleep, then land. All was well, he said. Until it wasn’t. “Eventually, I realized that I wasn’t fine,” he said. “I was tired, cranky … [it] wasn’t […]
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