Travel
Newark air traffic controllers couldn’t see or talk to planes, leading to airport meltdown
CNBC’s Becky Quick reports on the latest news. Source
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Air traffic controllers couldn’t see or talk to planes in equipment failure that led to Newark meltdown
People wait in line for a delayed flight at Newark International Airport on May 5, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Air traffic controllers lost contact with aircraft heading to and from Newark Liberty International Airport last week, their union said, detailing an equipment failure that led to massive flight delays […]
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Janus Henderson’s Jeremiah Buckley: Outlook on AI infrastructure is still strong
Jeremiah Buckley, Janus Henderson Equities portfolio manager, joins CNBC’s ‘Squawk on the Street’ to discuss outlooks on tech, travel, and more. Source
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Newark flight disruptions pile up as United Airlines blames FAA staffing, technology
United Airlines airplanes proceed to a runway at Newark Liberty International Airport on Feb. 20, 2025, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines passengers faced hourslong delays again Friday as air traffic controller staffing issues disrupted more flights at the carrier’s hub at Newark Liberty International Airport in […]
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American Airlines to debut new suites with sliding doors after delays
American Airlines seat for its new Flagship Suite seats TKTK American Airlines‘ new suites with sliding doors are set to start flying on some of its planes in June, a key part of its strategy to compete against more profitable rivals for high-spending customers. American first unveiled the new design in September 2022 and expected […]
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Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia’s gross domestic product if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday. “We have a big, ambitious kind of goal, which is about 2 million tourists by 2030, which will be around a $4 billion contribution towards our GDP,” […]
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Airbnb issues disappointing revenue guidance for second quarter
Airbnb CEO Brian Chesky appears at “The Game Plan: Strategies for Entrepreneurs” at Airbnb Open in Los Angeles on Nov. 19, 2016. Kurt Krieger – Corbis | Getty Images Entertainment | Getty Images Airbnb reported results for the first quarter that were mostly in line with estimates, but the company issued a disappointing revenue forecast […]
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L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays
First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan. 20, 2025. Patrick T. Fallon | AFP | Getty Images The […]
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Norwegian Cruise Line shares fall on potential softness
The Norwegian Pearl cruise ship anchored off shore on January 07, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images The cruise industry is on the lookout for rough seas ahead when it comes to consumer confidence and travel budgets. For instance, Norwegian Cruise Line Holdings reports some “choppiness” in cruises booked to Europe […]
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Booking Holdings CEO on travel demand: At the end of the day people will always want to travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Glenn Fogel, Booking Holdings CEO, joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of travel demand, impact of policy uncertainty, utilizing AI for travel, and more. Source
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