An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing on Wednesday said flaws in its 787 Dreamliners would create $1 billion in abnormal costs and that it cut …
Boeing (BA) 3Q 2021 earnings report: Cut to Dreamliner production Read More »
People come out to watch the new Carnival Cruise Line ship Mardi Gras as it departs on its maiden voyage, a seven-day cruise to the Caribbean from Port Canaveral, Florida on July 31, 2021. Paul Hennessy | Anadolu Agency | Getty Images The Centers for Disease Control and Prevention extended into January restrictions on the …
CDC extends Covid restrictions for cruise ship industry into January Read More »
Visitors walk through a terminal of Singapore Changi Airport on Dec. 7, 2020. Roslan Rahman | AFP | Getty Images Visa holders from Singapore could soon be allowed to enter Australia as the country prepares to open its international borders in the coming months, Prime Minister Scott Morrison said Friday. “We are in the final …
Australia says it’s in ‘final stages’ of opening borders to Singapore Read More »
Southwest Airlines Chairman and CEO Gary Kelly (R) speaks alongside American Airlines chairman and CEO Doug Parker (L) following a meeting with other airline executives at the White House about extending economic assistance to the airlines, in Washington, DC, September 17, 2020. Saul Loeb | AFP | Getty Images Southwest Airlines and American Airlines CEOs …
American, Southwest CEOs vow not to fire workers over federal vaccine mandate Read More »
American Airlines on Thursday reported a $169 million profit for the third quarter thanks to more than $990 million in federal payroll support. Revenue for the quarter totaled $8.97 billion down about 25% from the same period of 2019 but up from the $3.17 billion American brought in a year ago. That was ahead of …
American Airlines (AAL) posts profit for 3Q21 thanks to federal aid Read More »
Passengers check in for a Southwest Airlines flight at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Southwest Airlines on Thursday said mass flight cancellations and delays that disrupted travel for tens of thousands of customers earlier this month cost it $75 million. Dallas-based Southwest canceled more than 2,000 …
Southwest Airlines’ October flight cancellations cost carrier $75 million Read More »
Travelers who fantasize about owning a superyacht may be able to turn their dreams into reality â at a much lower price. Residential yachts, as they are called, are essentially apartment buildings at sea. Buyers purchase apartments on massive yachts, rather than own and operate their own smaller vessels. Once most of the apartments are …
The cost to buy a yacht vs. an apartment on a superyacht like Somnio Read More »
Malaysia aims to reopen to international tourists in November, and travelers from neighboring Singapore could be among the first to be allowed into the country, the Malaysian tourism minister told CNBC. The minister, Nancy Shukri, said she’s meeting officials from Singapore next week to discuss resuming cross-border travel between the two countries. She added Malaysia …
Malaysia minister on travel with Singapore, reopening to tourists Read More »
Jet fuel prices are rising to levels not seen since before the Covid pandemic and it’s set to drive up airfares, United Airlines CEO Scott Kirby said Wednesday. “Higher jet-fuel prices lead to higher ticket prices,” Kirby told CNBC’s “Squawk on the Street.” “Ultimately, we’ll pass that through.” United forecast average fuel costs of $2.39 …
United Airlines CEO says to expect higher fares as jet fuel prices rise Read More »
United Airlines on Tuesday reported higher-than-expected revenue as travel rebounded late in the third quarter but the airline didn’t give a timeline for when it would return to profitability. United posted net income of $473 million thanks to a boost from federal payroll aid. Its third-quarter sales totaled $7.75 billion compared with Wall Street analysts’ …
United Airlines (UAL) reports 3Q 21 revenue above expectations Read More »