After years of rapid growth amid bumper profits, the tech sector is now firmly in cost-cutting mode. Alphabet Google was the latest company to highlight this Thursday, confirming plans to merge the te...
Tag: Airlines
United Arab Emirates ranked as having the best passport in the world
A traveler passes through immigration control by walking through a “smart tunnel ” at Dubai International Airport. GIUSEPPE CACACE/AFP DUBAI, United Arab Emirates — The United Arab Emirate...
Southwest reinstates dividend after three years as travel rebounds
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines is reinstating its quarterly dividend that it suspended at the start of the Covid-19 pandemic in 2020, the latest sign of the airline...
Profitability Coming For World’s Airlines In 2023
(Photo by David Purdie/Getty Images) Getty Images Willie Walsh, director general of the International Air Transport Association (IATA), a trade association representing the global airline industry, is...
Boeing’s last 747 rolls out of factory after a more than 50-year production run
Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC EVERETT, Wash. − Boeing‘s final 747 is set to roll out of the company’s cavernous fact...
Airlines will return to profitability in 2023 after three-year slump: IATA
The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic, an industry body said Tuesday. The International Air...
United CEO says business travel has ‘plateaued’ but revenue is still rising
United Airlines Boeing 787-9 Dreamliner landing in London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images Business travel demand has “plateaued” b...
S&P 500, Nasdaq post worst day in month after strong data fuels worry about Fed rate hikes
The S&P 500 and Nasdaq Composite indexes recorded their worst day in almost a month on Monday, after a hotter-than-expected U.S. services-sector reading fueled concerns that the Federal Reserve ma...
United Airlines stock has a 50% upside from here: Morgan Stanley
United Airlines Holdings Inc (NASDAQ: UAL) is keeping in the green on Monday in an otherwise down market after a Morgan Stanley analyst said 2023 could be a “goldilocks” year for the air carrier. Unit...
How electric air taxis could shake up the airline industry
A VoloCity air taxi by Volocopter is pictured at Pontoise airfield in Cormeilles-en-Vexin, near Paris, France, November 10, 2022. Benoit Tessier | Reuters A world with flying vehicles, like the 1960s...
Delta pilots would get more than 30% in pay raises under new contract deal
A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines and its pilots’ union...
Boeing Stock Takes Off On United Airlines Deal Buzz
Boeing (BA) took off on Friday after the Wall Street Journal reported the airplane producer is close to a deal with United Airlines (UAL) for dozens of 787 Dreamliner jets. Boeing stock rose Friday fo...
Boeing Stock Surges On Report of 787 Dreamliner Order By United
Boeing (BA) – Get Free Report shares lurched higher Friday following a report that suggested United Airlines (UAL) – Get Free Report is close to making a deal for dozens of the planemake...
Activision acquisition would be good for Microsoft and the overall stock market
Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least...
Rolls-Royce uses green hydrogen in jet engine test
LONDON — Plans to reduce the significant environmental effects of aviation took a step forward this week after Rolls-Royce and easyJet said they had carried out the ground test of a jet engine that us...
Delta making lounge access harder after complaints of crowding, lines
The Sky Lounge during a tour of Delta Air Lines Terminal C at LaGuardia Airport (LGA) in the Queens borough of New York, on Wednesday, June 1, 2022. Stephanie Keith | Bloomberg | Getty Images Delta Ai...
Frontier Airlines Removing Call-Based Customer Service Is Much Ado About Nothing
Frontier Airlines has eliminated call-based customer service and moved to an all digital approach. getty Frontier Airlines announced that they will no longer offer call-based customer service. All req...
American Airlines Pilots Union Says Deal With Isom Helped Holiday Ops
Allied Pilots Association protest outside the New York Stock Exchange (NYSE) in June. .(Photo by … [+] Lucia Buricelli) © 2022 Bloomberg Finance LP Like its peers, American Airlines declared vic...
Why One Airline Is Banning Gray Hair (And More) For Flight Attendants
One airline is catching heat for forcing its flight attendants to spiff up. Air India has issued strict grooming requirements for cabin crew in an exhaustive 39-page handbook. The new rules include a ...
Employers Rethink Need for College Degrees in Tight Labor Market
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Frontier Airlines gets rid of telephone customer service
Frontier Airlines Airbus A320 takes off from Los Angeles international Airport on August 27, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images Say goodbye to the airli...
TSA sees rise in number of firearms at security checkpoints
Lines of people wait to get through TSA airport screening. Getty Images “I forgot.” That’s the number one reason Transportation Security Administration agents say they hear at airpor...
Envoy Air says pilot who was reported incapacitated during flight has died
An American Eagle Embraer 175 aircraft is seen on the tarmac through a plane window at LAX in Los Angeles, California, U.S., January 10, 2018. Lucy Nicholson | Reuters An Envoy Air flight returned to ...
Singapore Airlines And Golden Door Grow Partnership; Spa Meals Now On More Flights
Phase two of the chef-designed and wellness-themed dining is coming to more Singapore Airlines … [+] flights. Singapore Airlines Golden Door and Singapore Airlines launched a partnership a year ...
Taylor Swift slams ‘outside entity’ over Ticketmaster tour sale fiasco
Taylor Swift performs onstage during iHeartRadio’s Z100 Jingle Ball 2019 Presented By Capital One on December 13, 2019 in New York City. Kevin Mazur | Getty Images Taylor Swift responded to fans...
JetBlue plans Paris flights next summer in trans-Atlantic expansion
A JetBlue Airways Corp. Airbus A321 plane sits at a gate outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York, U.S., on Wednesday, July 12, 2017. Jetblue Airways Corp. is s...
American Airlines Stock Could Breach Recent Support
The shares of American Airlines Group Inc (NASDAQ:AAL) are struggling for direction today, last seen down 0.2% at $14.65 despite today’s broader market rally. The equity already carries a 27.9% ...
Delta gets closer to labor deal with pilots, union says
Pilots talk after exiting a Delta Airlines flight at the Ronald Reagan National Airport on July 22, 2020 in Arlington, Virginia. Michael A. McCoy | Getty Images Delta Air Lines is getting closer to a ...
DOT says Frontier, foreign airlines must pay travelers $600 million in refunds
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...
United Airlines gives pilots 5% raises early
A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines on Thursday said it was giving pilots 5% raises that we...
Thanksgiving flight bookings down from 2019, but higher fares lift revenue
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, accor...