Expect an ‘extraordinary’ jump in Chinese tourism this Golden Week: Economist

Expect an ‘extraordinary’ jump in Chinese tourism this Golden Week: Economist


Share

Erica Tay, economist at Maybank Investment Banking Group, discusses how “holiday stringing” would impact Chinese domestic and outbound tourism during the Golden Week holiday, and why she’s not overly concerned about unemployment in China being at a 6-month high.



Source

Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here’s what could happen next
Travel

Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here’s what could happen next

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.  Kevin Carter | Getty Images News | Getty Images Spirit Airlines’ future is hanging in the balance over the next week as President Donald Trump said the government could bail out the […]

Read More
Point to point leisure airline model has not made money since 2020, says Barclays’ Brandon Oglenski
Travel

Point to point leisure airline model has not made money since 2020, says Barclays’ Brandon Oglenski

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brandon Oglenski, Barclays senior airlines analyst, joins ‘The Exchange’ to discuss a potential bailout of Spirit Airlines, mergers and acquisitions in the industry and much more. Source

Read More
Spirit Airlines lawyer says cash ‘not going to last for very much longer,’ but government rescue on the table
Travel

Spirit Airlines lawyer says cash ‘not going to last for very much longer,’ but government rescue on the table

A Spirit Airlines plane at New York’s LaGuardia Airport. Leslie Josephs/CNBC Spirit Airlines’ accessible cash to keep operating won’t last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday. The company needs access to existing cash or new funding in the next […]

Read More