Travel
A can of Coca-Cola for $13? Prices are rising on one of Europe’s most popular islands
A seaside restaurant charges 30 euros ($30) for a burger. A large sunbed at an upscale beach club can cost 500 euros in August. And a table at a “VIP” nightclub can run into the thousands. Though Spain is generally considered a reasonably priced travel destination, the Spanish island of Ibiza has long been known […]
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Airfares are finally starting to cool as peak summer travel season fades. Now what?
Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation […]
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ISS urges Spirit shareholders to vote against Frontier merger, calls JetBlue bid superior
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC Proxy advisory firm Institutional Shareholder Services on Friday reversed its stance on Spirit Airlines’ planned tie-up with Frontier Airlines, urging Spirit shareholders to vote against the deal and calling JetBlue Airways’ all-cash bid a “superior alternative,” yet another […]
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Argus downgrades Delta citing weak outlook following second-quarter earnings
Argus downgraded shares of Delta Air Lines to hold from buy, citing weaker-than-expected quarterly earnings and a less-than-stellar outlook. Shares of the Atlanta-based carrier have shed nearly 24% year-to-date through Thursday’s close. While Delta benefited from the rollback in Covid-19 travel restrictions and increased demand for international flights, it’s also been hit by capacity reductions […]
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Amusement parks like Six Flags, Disney and Universal spend millions on safety
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Though the amusement park industry has been around since the 1550s, rides are not federally regulated. State regulation only began in 1981. At Six Flags, along with many other parks, safety costs millions. That includes adherence to international safety standards and internal […]
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At amusement parks like Six Flags and Disney, safety is a multimillion-dollar business
At amusement parks like Six Flags, Disney World and Universal — safety is a multimillion-dollar business. Injuries and deaths are becoming increasingly rare, with fewer than 1 injury per million rides in 2019, according to the National Safety Council. Ride-related injuries dropped by more than 60% between 2004 and 2019, according to the International Association […]
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Travel chaos, labor unrest and extreme heat in focus at Britain’s first major air show since the pandemic
Britain’s Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation design. Bloomberg | Bloomberg | Getty Images LONDON — Britain’s Farnborough International Airshow will make its long-awaited return next week, with aerospace and defense industry leaders poised to gather against a backdrop of travel chaos and labor unrest. The five-day […]
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Emirates Airline slams Heathrow Airport’s ‘unacceptable’ demand to cut flights, refuses to comply
The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel prices. Sopa Images | Lightrocket | Getty Images DUBAI, United Arab Emirates — Emirates Airline has harsh words for London’s Heathrow Airport, the U.K.’s largest aviation hub currently beset by travel […]
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United Airlines, pilots’ union to renegotiate contract after last deal faced opposition
United Airlines and its pilots’ union are going back to the negotiating table for a new contract, a setback for the carrier after it was the first to reach a tentative agreement since the pandemic started. The United branch of the Air Line Pilots Association acknowledged Wednesday that the current agreement “fell short” of some […]
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How ‘revenge travel’ is causing packed airports, surging airfares and crowded beaches
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Inflation is hitting many parts of everyday life for Americans. Fuel prices are soaring and airlines are pushing skyrocketing jet fuel costs to consumers. That hasn’t dampened the desire for travel from Americans who suffered through two years of COVID lockdowns. This […]
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