Travel
Who loses if JetBlue buys Spirit? Comedians
Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessy | Lightrocket | Getty Images JetBlue’s surprise $3.6 billion cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite sources […]
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Here’s why people are still flipping out on airliners
Incidents involving unruly passengers in the United States are decreasing. But the good news may end there. On average, there were about 500 reports of unruly passengers per month in 2021, according to the U.S. Federal Aviation Administration. In the first three months of 2022, this number fell to about 350 reports per month, according […]
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Potomac’s Mark Avallone’s top stock picks: Hyatt Hilton, Marriott
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Avallone, president of Potomac Wealth Advisors, joins ‘The Exchange’ to discuss business travel demand, how investors can take advantage of the markets and more. Source
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JetBlue is willing to shell out $3.6 billion for discount airline Spirit because it wants to take on bigger carriers
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for ultra-low cost carrier Spirit Airlines would help it grow across the country and better compete against larger airlines. The […]
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Stocks making the biggest moves midday: Twitter, Carnival, First Solar and more
Carnival Cruise Line’s Carnival Ecstacy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak on March 27, 2020 in Jacksonville, Florida. Sam Greenwood | Getty Images Here are the companies making headlines in midday trading. Twitter — Shares of the social media company rallied more than 3% after Twitter announced that […]
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Hertz inks deal for 65,000 Polestar electric vehicles over five years
Polestar CEO Thomas Ingenlath and Hertz CEO Stephen Scherr join CNBC’s ‘Squawk Box’ to break down the pair’s new strategic partnership. Source
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Airlines cancel hundreds of weekend flights as thunderstorms sweep through Florida
A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 U.S. […]
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There are big shake-ups in the latest list of Asia’s 100 ‘best’ restaurants
Hong Kong is the top destination in Asia for foodies this year, according to new rankings released by the 50 Best organization. The city is home to 16 of the region’s “best” 100 restaurants, as shown in the list, released in two parts in March. Thailand and Japan tied for second place, each with 13 […]
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Too early for ‘solid predictions’ but we’re optimistic on tourism recovery: Singapore tourism agency
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Asia Keith Tan, chief executive of the Singapore Tourism Board, discusses the country’s eased travel restrictions and border reopening. 02:25 an hour ago Source
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Booking Holdings CEO says higher prices haven’t dented summer travel demand yet
A sharp uptick in inflation has so far not caused a slowdown in demand for travel in the spring and summer months, Booking Holdings CEO Glenn Fogel told CNBC on Thursday. “Not yet. Not yet,” said Fogel, whose company offers online travel services, including flight booking. He cited the Covid pandemic’s disruptions to travel routines. “When you […]
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