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Airline stocks tumble as economic concerns overshadow travel surge

An American Eagle aircraft taxis as a Southwest Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, January 24, 2022. Joshua Roberts | Reuters Packed planes. Sky-high airfare. An end to Covid testing for international arrivals. So much is going in airlines’ favor these days — except their share prices. The sector’s latest drop […]

By : ILIAS ELABDI Date : June 16, 2022 Category : Travel News & Insights Comments :
JetBlue offers flight attendants $1,000 attendance bonuses for spring travel surge

A jetBlue Airways airplane takes off from Newark Liberty Airport on September 30, 2018 as seen from Elizabeth, New Jersey. Gary Hershorn | Corbis News | Getty Images JetBlue Airways is offering flight attendants $1,000 bonuses if they don’t call out from work starting Friday through the end of May as the carrier tries to […]

By : ILIAS ELABDI Date : April 8, 2022 Category : Travel News & Insights Comments :
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their way out of two bruising pandemic years are now facing the most expensive jet fuel costs in more than 13 years. Russia’s invasion […]

By : ILIAS ELABDI Date : March 7, 2022 Category : Travel News & Insights Comments :
Boeing 2021 deliveries surge, led by return of 737 Max, but still behind Airbus

FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images Boeing‘s sales and deliveries of new planes surged last year as customers looked beyond the pandemic’s toll on travel demand, but the manufacturer still ended 2021 behind chief rival Airbus. Boeing […]

By : ILIAS ELABDI Date : January 11, 2022 Category : Travel News & Insights Comments :
Amid another Covid surge, schools and businesses find plans disrupted

A healthcare worker administers a COVID-19 PCR test at a free test site in Farragut Square on December 28, 2021 in Washington, DC. Anna Moneymaker | Getty Images A Covid-19 outbreak on a cruise in Lisbon. Thousands of flights canceled. Colleges going remote again. It’s a new year but the pandemic continues to cause many […]

By : ILIAS ELABDI Date : January 1, 2022 Category : Travel News & Insights Comments :
Boeing, travel stocks surge as investors shrug off omicron concerns

An American Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, April 7, 2021. Mike Blake | Reuters Boeing, airlines and other travel stocks surged on Monday after health experts shared early signs that the omicron variant of Covid may be causing milder symptoms […]

By : ILIAS ELABDI Date : December 6, 2021 Category : Travel News & Insights Comments :
Business travel demand expected to surge in 2022, but full recovery still two years away

istocksdaily | iStock | Getty Images Business travel spending worldwide will likely jump more than 37% next year to over $1 trillion but the normally lucrative industry won’t fully recover until 2024, according to a new industry forecast released Wednesday. Surges in Covid cases and new variants, uneven vaccination rates and supply chain problems hurt […]

By : ILIAS ELABDI Date : December 6, 2021 Category : Travel News & Insights Comments :
American Airlines shares surge on carrier’s better second-quarter forecast

American Airlines flight takes off from Miami, Florida. Marco Bello | Reuters American Airlines shares rose after the carrier forecast better revenue and a narrower loss than previously estimated for the second quarter, the latest sign that airlines are recovering from the coronavirus pandemic’s toll on travel. The Fort Worth, Texas-based carrier said Tuesday that […]

By : ILIAS ELABDI Date : July 15, 2021 Category : Travel News & Insights Comments :
American, Southwest hold off on alcohol sales after surge in unruly travelers

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Southwest Airlines and American Airlines said they are holding off on resuming alcoholic beverage services, after a flight attendant was assaulted […]

By : ILIAS ELABDI Date : June 8, 2021 Category : Travel News & Insights Comments :
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