Tag: travel

Industries, Others

Heathrow and easyJet reveal huge financial hits after flight chaos

July 26, 2022

Via: Sky News

The low-cost carrier said cancellations and delays caused by staff shortages at airports and in the air had cost it £133m over its latest quarter to the end of June. EasyJet said its operations had now “normalised” after frantic cuts […]

Industries, Others

Wizz Air reports financial loss but says it is trying to minimise travel disruption

June 8, 2022

Via: Sky News

Airlines in the UK and across Europe have been struggling to keep up with demand as travel returns to normal for many holiday destinations for the first time since the beginning of the COVID-19 pandemic and prices have shown “low […]

Industries, Others

Delta posts $1.2 billion Q3 profit, touts holiday bookings

October 13, 2021

Via: ABC News

Delta Air Lines posted a $1.2 billion profit for the third quarter on Wednesday, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest” loss in […]

Industries, Others

Airline stocks fall after EU leaders impose travel curbs within the bloc

January 22, 2021


Airline shares dropped on Friday after European governments announced further travel restrictions to fight growing Covid infection rates and highly-infectious variants. European leaders agreed on Thursday to keep their borders open but to discourage any non-essential travel. This means citizens […]

Industries, Others

Marriott’s Revenue Per Available Room Drops 65.9 Pct In Q3

November 6, 2020


Marriott International, Inc. reported on Friday (Nov. 6) as part of its Q3 earnings that revenue per available room (RevPAR) fell 65.9 percent globally, 65.4 percent in North America and 67.4 percent beyond North America, in contrast to Q3 2019. […]

Industries, Others

Delta posts $5.4 billion loss in another brutal quarter for airline industry

October 13, 2020

Via: NBC News

Delta Air Lines reported a $5.4 billion net loss for the third quarter after the coronavirus pandemic roiled what is usually the peak travel period of the year. Delta’s revenue dropped by more than 75 percent from $12.56 billion a […]

Industries, Others

Coronavirus Pushes Aviation Industry in New Directions

April 29, 2020

Via: The New York Times

The coronavirus outbreak has upended commercial aviation, with consequences that are not fully realized. The airline trade group, International Air Transport Association, anticipates that the world’s air carriers will see this year’s revenues drop by more than half, and a […]

Capital, Finance Tech, Trading

Profits of airline, travel and oil companies will be hardest hit by COVID-19

March 30, 2020


Sheltering in place, shutting down large parts of the economy and skyrocketing job losses due to coronavirus are bad for America’s health, the economy and for corporate profits. So be prepared for unsettling news when companies start reporting how much […]

Industries, Others

Medicine, phones and strawberries: As passengers drop 90%, desperate airlines convert to cargo to stay afloat

March 26, 2020

Via: Fortune

Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones and Korean strawberries. The likes of Cathay Pacific Airways Ltd., Korean Air Lines Co. and […]


These 25 U.S. Airports Have the Most Security Delays

September 14, 2016

Via: Time

There’s been a surprising bit of good news for travelers lately: Security delays at U.S. airports may have peaked. And while that news should please travelers, we know that not all airports are equal when it comes to the pile-up […]


9 Money-Saving Tricks Every Traveler Should Know

April 13, 2016

Via: The Huffington Post

In Savvy travelers know that they should book flights far in advance, and they know that packing a carry-on saves coin. But master travelers take things just a feeew steps further, and they save big-time on trips as a result. Check […]