Travel
With domestic fares down 25% since spring, now’s the time to book flights for fall trips, travel app study finds
d3sign | Moment | Getty Images Would-be travelers looking to fly this fall may want to book their plane trips now, with travel app Hopper reporting that airfares are dropping this month from peak summertime prices. “September and early October will be the cheapest times to travel, while August and early September will be the […]
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Uber CEO Dara Khosrowshahi breaks down second-quarter earnings and shift to services
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Uber CEO Dara Khosrowshahi joins CNBC’s ‘Squawk on the Street’ to break down the company’s latest quarterly earnings report, which showed the ride hailing company was cash-flow positive for the first time. Khosrowshahi also provides an outlook for the fall and weighs […]
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Uber CEO Dara Khosrowshahi on earnings: It was a strong quarter on top and bottom lines
Uber CEO Dara Khosrowshahi joins CNBC’s ‘Squawk on the Street’ to break down the company’s latest quarterly earnings report, which showed the ride hailing company was cash-flow positive for the first time. Source
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British Airways suspends the sale of short-haul flight tickets from Heathrow
British Airways said the move — which will run until Aug. 8 — was taken in response to Heathrow’s request. Nicolas Economou | NurPhoto | Getty Images LONDON — British Airways suspended the sale of short-haul flight tickets departing from London’s Heathrow after the airport asked airlines to limit new bookings. In a statement Tuesday, […]
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JetBlue forecasts return to profit in third quarter, holds back on growth as costs surge
JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways said Tuesday that it expects to return to its first profit since the pandemic began this quarter and that it would remain cautious on growth while costs surge. The […]
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From legroom to airfare: How JetBlue’s takeover of Spirit could change air travel
Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to win enough shareholder support. The […]
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A toxic culture and ‘race to the bottom’: Pilots open up on why air travel is in chaos
The chaos engulfing many major airports in North America and Europe since summer began hasn’t abated much, and news outlets and social media users continue to report on hordes of impatient travelers and mountains of misplaced suitcases. Source: Getty Images Canceled flights. Long lines. Staff walkouts. Missing luggage. Sound familiar? The chaos engulfing many major […]
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New Zealand had one of the world’s strictest Covid lockdowns. Now its borders are fully reopening
After more than two years, New Zealand is fully reopening its borders and welcoming back all international travelers. The country is reopening on July 31, some three months earlier than previously announced. Earlier this year, New Zealand’s borders were opened to Australians and citizens of 60 places that do not need visas to enter, including […]
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JetBlue won the battle for Spirit. Now it has to win over Biden’s Justice Department
JetBlue Airlines and Spirit Airlines are seen on the departure board in the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways finally won over Spirit Airlines with a $3.8 billion takeover deal. Now it needs to win over antitrust regulators. The New York-based airline […]
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Royal Caribbean CEO breaks down company outlook
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Seema Mody joins ‘The Exchange’ with Jason Liberty, Royal Caribbean CEO, to discuss the company’s second quarter miss and outlook for Royal Caribbean. Source
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