Travel
Surging prices force consumers to ask: Can I live without it?
A pedestrian carries shopping bags in the Herald Square area of New York, U.S., on Wednesday, April 13, 2022. Calla Kessler | Bloomberg | Getty Images Sandy Magny plans to take her teenage daughter to West Palm Beach, Florida, this summer, even though airfares are surging. It won’t be cheap, but Magny doesn’t want to […]
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Southwest Airlines keeps 2022 profit forecast as bookings and fares outpace higher costs
A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 2022 profits as bookings and fares outpace a jump in labor, fuel and airport costs. The Dallas-based carrier expects second-quarter revenue growth of 8% to 12% […]
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Americans view these Asian countries as safer now than before the pandemic
A new study shows American travelers view many Asian nations as safer travel destinations now than they did four years ago. South Korea, Singapore, Thailand, Japan, China and Vietnam rose in the annual safety rankings published by travel insurance provider Berkshire Hathaway Travel Protection. The survey in the 2022 “State of Travel Insurance Report” also […]
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Hong Kong residents are flocking to Singapore, snapping up rental homes
Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in Hong Kong, Jonathan Benarr is giving up that city for a new set of attractions — in Singapore. “Hong Kong was […]
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Carnival CEO Arnold Donald steps down as cruise industry aims for a refresh
Carnival’s announcement Tuesday that Arnold Donald would step down as CEO of the world’s biggest cruise line came after some investors pushed back at a shareholders meeting earlier this month on metrics tied to the 67-year-old’s 2021 compensation package of $15 million, sources familiar with the situation told CNBC. “End of an era,” said one […]
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Boeing misses estimates as it grapples with delays on commercial, defense programs
A Boeing Co. Dreamliner 787 plane with AirEuropa livery moves past the company’s final assembly facility in North Charleston, South Carolina, U.S., on Tuesday, Dec. 6, 2016. Travis Dove | Bloomberg | Getty Images Boeing reported a wider adjusted loss and lower revenue than analysts expected as the company faced higher costs on both commercial […]
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FAA, airlines will meet to discuss flight disruptions in Florida as travel booms
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Images The Federal Aviation Administration will meet with major U.S. airline staff next month to discuss ways to improve the […]
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JetBlue shares fall after airline drastically cuts 2022 growth plans
Technicians inspect a JetBlue Embraer 190 aircraft at Ronald Reagan Washington National Airport in Arlington, Virginia, December 7, 2021. Chris Helgren | Reuters JetBlue Airways shares tumbled more than 9% on Tuesday after the airline slashed its growth plans to avoid a repeat of headaches for travelers and crews during peak season. The New York-based […]
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United Airlines ramps up flights for European travel comeback
A United Airlines passenger aircraft arrives over the top of residential houses to land at Heathrow Airport in west London, Britain, March 13, 2020. Matthew Childs | Reuters United Airlines says demand for trans-Atlantic travel is heating up, despite higher fuel prices and the Ukraine war. The airline plans to fly 25% more across the […]
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Carnival CEO Arnold Donald stepping down, COO Josh Weinstein to become new chief
CNBC’s Seema Mody joins ‘Squawk on the Street’ to report that Carnival CEO Arnold Donald plans to step down from his position on Aug. 1. Source
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