July 26, 2022
Via: Sky NewsThe 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 […]
June 8, 2022
Via: Sky NewsAirlines 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 […]
October 13, 2021
Via: ABC NewsDelta 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 […]
January 22, 2021
Via: CNBCAirline 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 […]
November 6, 2020
Via: PYMNTS.comMarriott 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. […]
October 13, 2020
Via: NBC NewsDelta 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 […]
April 29, 2020
Via: The New York TimesThe 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
March 30, 2020
Via: USA TODAYSheltering 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 […]
March 26, 2020
Via: FortuneUnable 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 […]
September 14, 2016
Via: TimeThere’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 […]
April 13, 2016
Via: The Huffington PostIn 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 […]