Travel
Get ready for higher fares: Airlines bet surge in travel demand will help offset fuel costs
American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC Travel demand has bounced back faster than expected this year, major airlines said Tuesday, a welcome trend for an industry battered by Covid and a sign that carriers expect to pass along higher fuel prices and other costs on to customers. U.S. jet fuel prices […]
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Putin allows Russian airlines to fly $10 billion worth of foreign-owned planes domestically
Aeroflot Russian Airlines civil jet aircraft produced by Airbus at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Foreign aircraft lessors seeking to recover some $10 billion worth of planes from Russia were dealt a new blow Monday when President Vladimir Putin signed a law clearing the country’s airlines to fly the planes […]
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‘Golden passports’ for the rich face new restrictions in global crackdown on Russian oligarchs
Sweeping sanctions against Putin’s oligarchs has led governments to limit and in some cases end their lucrative pay-for-passport programs. Source
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Meet the company that lets you work remotely from anywhere in the world
Sevdha Thompson, digital producer of marketing for Coalition Technologies, spent a few weeks working in Costa Rica last year. Courtesy: Sevdha Thompson Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas like remote work, flexible hours, […]
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Countries crack down on ‘golden passport’ programs amid Russian oligarch sanctions
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Robert Frank joins ‘Squawk Box’ to report the U.S., EU and Canada are considering phasing out their “golden passport” programs amid sanctions against Russian oligarchs. 02:03 Fri, Mar 11 20228:17 AM EST Source
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5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the coronavirus hit in early 2020. Then, signs of recovery emerged. Stock markets rebounded and quickly surpassed 2019 […]
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U.S. extends airplane mask mandate through April 18
A sign reads “Wear A Mask” at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images The Transportation Security Administration is extending a federal requirement that travelers wear masks on airplanes, at airports, on trains and buses through April 18, the Centers […]
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United Airlines will let unvaccinated employees return to their jobs this month
A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines, citing a steep decline in Covid-19 cases, told staff Thursday that it will allow unvaccinated workers to return to their jobs starting March 28, a shift from a company that had one of the country’s strictest inoculation mandates. Last August, United said it […]
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Rising airfares are giving people spring break sticker shock
Elizabeth Smith was stunned after she saw how much a roundtrip ticket from Spokane, Washington, to Orlando, Florida, cost for this year’s spring break — just six years after her family’s first trip to Disney World. “In 2016, the same seven of us went, and we paid $350 for airfare round-trip per person. Currently the […]
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This country regularly tops the Philippines’ tourist arrivals — and it’s not China
South Korean photographer Sang-kyu Gil has visited the Philippines around 10 times. Drawn by the beautiful scenery and affordable prices, the 42-year-old usually spends seven to 10 days in the country. That costs him around $400 — less than half the amount he expects to spend on a similar trip within his home country. His […]
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