Jed Kelly, Oppenheimer senior analyst, joins ‘Power Lunch’ to discuss why the travel trade may be over, what he sees as the long-term potential for Airbnb and more.
If we go into recession people will still travel but may trade down, says Oppenheimer’s Kelly
Travel
Spirit Airlines CEO on carrier’s collapse: ‘We just kind of ran out of runway’
A Spirit Airlines plane sits parked at Hollywood Burbank Airport on April 16, 2026 in Burbank, California. Justin Sullivan | Getty Images Spirit Airlines struggled for years, battered by larger, cash-rich airlines that copied its business model, failed mergers, higher costs and, most recently, a surge in jet fuel prices because of the war in […]
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Travel
Wyndham CEO on Q1: Big pickup in our customers looking to travel
Geoff Ballotti, Wyndham CEO, joins ‘The Exchange’ to discuss the company’s quarterly earnings results, the Wyndham consumers and much more. Source
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Travel
How Spirit Airlines’ demise will benefit rivals — and raise airfares even more
A Spirit Airlines Airbus A321 airplane taxis at Los Angeles International Airport after arriving from Fort Lauderdale on March 30, 2025 in Los Angeles, California. Kevin Carter | Getty Images Just hours after Spirit Airlines collapsed, its rivals unveiled their new flight plans. Airlines had actually been at work for months on their route changes […]
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