Airlines
Vacation huge Tui smashes earnings anticipations as traders decide on London exit
Travellers board on the TUI bus at Palma de Mallorca airport on June 18, 2020 in Palma de Mallorca, Spain. Clara Margais | Getty Photographs German travel big TUI on Tuesday posted a quarterly gain of 6 million euros ($6.46 million), defying anticipations on the back again of upbeat journey desire. The swing to earnings […]
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JetBlue shares jump 15% as activist Carl Icahn reports stake and calls shares undervalued
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on Sept. 13, 2016. Heidi Gutman | CNBC Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more than 15% in extended trading. Icahn amassed the stake in […]
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JetBlue resets with new CEO, industry veterans to run airline on time, and profitably
A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs/CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to get back to basics. JetBlue was a pioneer in seat-back […]
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Travelers ride the rails to save money (and the planet) as Amtrak chases pre-Covid ridership
Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty Images As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. For many, the tradeoffs are simple: Trains are often cheaper, provide more leg room and are better for the environment than […]
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Expedia shares plunge on weak air journey bookings and information the CEO is stepping down
Expedia shares sank 19% on Friday just after the firm noticed softness in air travel bookings and its CEO resigned. CNBC’s Jim Cramer said the magnitude of the stock drop may be an overreaction. Although providing an earnings-per-share defeat and in-line profits in the fourth quarter, bookings fell brief, “mostly driven by a reduction in […]
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Hawaiian Airways debuts totally free inflight Wi-Fi from SpaceX's Starlink
A Hawaiian Airlines A321 plane with Starlink WiFi installed. Hawaiian Airlines Hawaiian Airways is rolling out complimentary Wi-Fi by way of SpaceX’s Starlink on board professional flights this 7 days, the firms advised CNBC, the initial important U.S. airline to supply the satellite-dependent services. “SpaceX has definitely cracked the code – practically, in phrases of […]
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Delta to open up a new tier of 'top quality' airport lounges this calendar year in significant-conclude vacation drive
Delta’s new Sky Club airport lounge at New York’s John F. Kennedy International Airport. Leslie Josephs/CNBC Delta Air Strains‘ well-known airport lounges are obtaining a a lot more special tier, in the airline’s most current thrust to cater to high-paying travelers. The initial “quality” lounge is scheduled to open up in June at New York’s […]
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Spirit Airlines narrows loss to $184 million, states it's on the route back again to profitability
A Spirit Airways plane awaits takeoff at LaGuardia Airport in New York Leslie Josephs/CNBC Spirit Airlines‘ fourth-quarter decline narrowed to nearly $184 million, but its CEO mentioned the provider is back again on the path to profitability and the domestic air vacation marketplace is improving. The provider is attempting to uncover its footing following domestic […]
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Hainan Airlines is handing out Rokid AR eyeglasses for in-flight amusement
A passenger attempts out a pair of Rokid AR eyeglasses on a Hainan Airlines flight in China. Rokid BEIJING — Hainan Airways this 7 days commenced allowing passengers on some routes use Rokid’s augmented fact eyeglasses for free of charge for in-flight enjoyment, the tech startup declared Thursday. Chinese commence-up Rokid claimed it is really […]
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Bolts appeared to be missing from Boeing 737 Max doorway plug that blew off midflight, NTSB suggests
In this picture introduced by the Nationwide Transportation Protection Board, investigator-in-cost John Lovell examines the fuselage plug space of Alaska Airways Flight 1282 in Portland, Oregon, on Jan. 7, 2024. Nationwide Transportation Safety Board by way of AP Bolts appeared to have been missing from a doorway plug that blew out midair on Boeing 737 […]
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