Travel
Booking Holdings says room occupancy softened in Eastern Europe
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Seema Mody joins ‘Squawk on the Street’ to break down the latest data from Booking Holdings on room occupancy, which has taken a hit amid Russia’s invasion of Ukraine. 01:31 Tue, Mar 8 202211:07 AM EST Source
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JetBlue founder’s start-up Breeze Airways plans to nearly double its routes, add cross-country flights
David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florida, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways on Tuesday said it plans nearly double its network to 77 routes this spring and summer, […]
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A travel guide is fleeing Ukraine — and hosting free online ‘tours’ along the way
Her virtual tours around Kyiv normally attract between 30 and 100 people. But more than 1,800 tuned in to Olga Dudakova’s livestreamed tours in Ukraine following the Russian invasion. The first tour was scheduled with only a few hours’ notice, she said. “It was totally unprepared,” she said. “I didn’t have a plan … […]
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So far, there hasn’t been much impact on domestic travel, says Truist’s Scholes
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Patrick Scholes, Truist Securities managing director of lodging and leisure equity research, joins ‘Your Money 2022: Global Edition’ to discuss the travel sector’s post-pandemic comeback. 04:08 Mon, Mar 7 20227:13 PM EST Source
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Airline stocks slump as jet fuel surge overshadows travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their way out of two bruising pandemic years are now facing the most expensive jet fuel costs in more than 13 years, overshadowing a […]
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Russia’s invasion of Ukraine is driving up air cargo costs
A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport. Jan Woitas | Picture Alliance | Getty Images The cost of transporting goods by air has surged since Russia’s invasion of Ukraine last week, just as consumers are already grappling with the fastest pace of inflation in nearly 40 years. Carriers, including KLM Royal […]
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Italians reveal their favorite places to go on vacation — in Italy
Italy is home to some of the world’s most famous cities, art, wine and beaches. Think Florence, Rome and Venice with their abundant Renaissance architecture and well-known galleries, Tuscany with its globally-renowned vineyards and the glamorous Amalfi coast with its see-and-be-seen vibe. While these places are an obvious draw for travelers, Italians themselves prefer to […]
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Airline software giant ends distribution service with Russia’s Aeroflot, crippling carrier’s ability to sell seats
Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Sabre Corp. on Thursday said it terminated a global distribution agreement with Russia’s Aeroflot, crippling the country’s largest airline’s ability to sell seats. The Texas-based airline software giant provides ticket distribution and reservation services for carriers […]
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UAE reinstates visa-free entry for Ukrainians in quick reversal, offers year-long stay for arrivals prior to March 3
A view of a street in Abu Dhabi, United Arab Emirates Valery Sharifulin | TASS | Getty Images DUBAI, United Arab Emirates — The Foreign Ministry of the United Arab Emirates announced Thursday that Ukrainian citizens will continue to have visa-free entry into the country, two days after it was announced that the policy had […]
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Domestic airlines could see boost from Russia-Ukraine travel concerns: Fmr. Spirit Airlines CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ben Baldanza, former Spirit Airlines CEO and chairman of Six Flags, joins CNBC’s ‘Squawk Box’ to discuss rising oil prices and travel demand amid Russia’s attack on Ukraine. 03:33 Thu, Mar 3 20227:12 AM EST Source
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