Airlines
JPMorgan says these global travel stocks are poised to pop as China eases Covid restrictions
Asia’s flight activity is gaining momentum as the region continues to ease Covid-19 travel restrictions, and the outlook for the region is now looking even brighter, according to JPMorgan. That’s after China announced last week that it would decrease quarantine time for international travelers. In a Nov. 11 note, JPMorgan said it’s bullish on the […]
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JetBlue plans Paris flights next summer in trans-Atlantic expansion
A JetBlue Airways Corp. Airbus A321 plane sits at a gate outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York, U.S., on Wednesday, July 12, 2017. Jetblue Airways Corp. is scheduled to release earnings figures on July 25. Photographer: Mark Kauzlarich/Bloomberg via Getty Images Mark Kauzlarich | Bloomberg | Getty […]
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Delta gets closer to labor deal with pilots, union says
Pilots talk after exiting a Delta Airlines flight at the Ronald Reagan National Airport on July 22, 2020 in Arlington, Virginia. Michael A. McCoy | Getty Images Delta Air Lines is getting closer to a labor deal with pilots, their union said, marking a big improvement in a relationship that turned icy during years-long negotiations. […]
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U.S. fines Frontier and overseas airlines $7.25 million for passenger refund delays
Vacationers seem at a show board showing cancelled and delayed flights at Orlando Worldwide Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Photos The U.S. Division of Transportation on Monday explained it has fined Frontier Airways and five international carriers $7.25 million […]
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Need for private jets stays large, but flyers are not joyful about escalating expenditures
ShareShare Posting via FbShare Posting through TwitterShare Report by way of LinkedInShare Article through E mail In accordance to a study by Non-public Jet Card Comparisons, 94% of respondents who are new to the industry program to fly on personal jets in the future, but a lot less routinely than just before. CNBC’s Monica Pitrelli […]
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How airlines plan to create a new generation of pilots amid fears of decade-long cockpit crisis
Andy Cross | Denver Post | Getty Images Even before the coronavirus pandemic grounded U.S. airlines in March 2020, a shortage of qualified pilots was looming. Today, even though air travel has come back much stronger and earlier than expected — and major carriers are returning to profitability — the struggle to maintain enough cockpit […]
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United gives pilots 5% raises early, citing return to profitability
A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines on Thursday said it was giving pilots 5% raises that were part of a pandemic cost-reduction agreement months ahead of schedule, citing the carrier’s return to profitability and upbeat outlook. United is offering the raises […]
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Thanksgiving flight bookings are down from 2019, but higher fares lift revenue, Adobe says
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, according to Adobe data released Thursday. Domestic bookings are down 7% from the same point of 2019, but high fares have translated to a 3% increase […]
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We’re not looking at any travel demand from customers pullback, says Scheduling Holdings CEO
ShareShare Posting through FbShare Write-up by way of TwitterShare Post through LinkedInShare Short article via Email Squawk on the Avenue Scheduling Holdings CEO Glenn Fogel joins ‘Squawk on the Street’ to talk about journey tendencies, airfare inflation, and extra. 04:16 39 minutes in the past Resource
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Tropical Storm Nicole snarls travel in Florida, Orlando airport to suspend flights
This GOES-East GoeColor satellite image taken at 2:36 p.m. EST and provided by NOAA shows Tropical Storm Nicole approaching toward the northwestern Bahamas and Florida’s Atlantic coastline on Tuesday, Nov. 8, 2022. NOAA | AP Tropical Storm Nicole snarled Florida travel on Wednesday, prompting at least one airport to suspend operations as forecasters warned of […]
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