Travel
Spirit Airlines is halting 40 routes, hires ex-Amazon network planning exec
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines told staff Friday that it’s suspending about 40 routes, finalizing a 25% cut to its November schedule as it scrambles to slash costs in bankruptcy and […]
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FAA to allow Boeing to sign off on 737 Maxes, 787s after years of restrictions
Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing can sign off on its 737 Max and 787 Dreamliner planes before they’re handed over to customers, the Federal Aviation Administration said Friday, the latest sign the manufacturer is regaining confidence from its regulator after years of safety crises. […]
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U.S. startup airline Breeze Airways plans first international flights
A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Matt May | Bloomberg | Getty Images U.S. startup airline Breeze Airways is planning to fly internationally for the first time early next year, aiming to win over sun-seeking travelers as the carrier enters its fifth year […]
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Trade is the leading indicator for business aviation demand: VistaJet
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Thomas Flohr, Founder and Chairman of VistaJet, discusses the growing demand for business aviation routes connecting Asia, the Middle East, and America. This boom is largely driven by international trade agreements and increased economic activity across these regions. Source
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CNBC’s UK Exchange newsletter: From thoroughbreds to unicorns — how Britain’s startup sector is evolving
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch The U.K. government is pleased with how U.S. President Donald Trump’s historic second state visit went last week. In particular, there is satisfaction at the £150 billion ($203 billion) worth of investment decisions announced, even though some were already known […]
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Spirit Airlines to furlough 1,800 flight attendants to cut costs in bankruptcy
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its […]
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Some premium travel rewards credit cards now cost over $500 per year. What to know before you apply
American Express announces the new platinum business card. Courtesy: American Express As issuers push annual fees higher for some premium travel rewards credit cards, experts say it’s important for consumers to consider if such cards are worth the cost. On Thursday, American Express announced that consumer and business versions of its Platinum credit card will […]
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Navan, corporate travel and expense startup, files for initial public offering
Navan, the business travel, payments, and expense management startup, filed on Friday afternoon to go public. Its S-1 filing with the Securities and Exchange Commission indicates that the company plans to list on the Nasdaq Global Select Market under the symbol “NAVN.” Navan reported trailing 12-month revenue of $613 million (up 32%) across over 10,000 […]
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AI is absolutely an opportunity in travel industry, says Expedia CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Arian Gorin, Expedia CEO, joins CNBC’s Contessa Brewer to discuss how AI is impacting the travel industry, growth expectations, and much more. 05:12 Thu, Sep 18 20252:31 PM EDT Source
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Spirit CEO says struggling airline will slash flights, braces employees for more job cuts
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 CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in […]
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