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Richard Branson on travel recovery, rollout efforts

Sir Richard Branson told CNBC on Tuesday he hopes so-called Covid vaccination passports will be available for prospective airline passengers who have been inoculated, potentially allowing them to bypass other virus mitigation measures before traveling. “Vaccination is everything. Once vulnerable people, in particular, have been vaccinated, I think all kinds of businesses can start opening up …

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Why ultra-low cost carrier Spirit Airlines is falling behind

Spirit Airlines, the no-frills carrier known for bright yellow planes, brash style and low fares, has helped revolutionize the way we pay for travel. To offset its bare-bones fares the carrier charges for everything from carry-on bags to bottles of water.  As of 2019, Spirit Airlines had 13 consecutive years of profitability. Since then, however, …

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TSA weighs barring hundreds from flights, steps up security before inauguration

A TSA officer checks a man’s ID at a screening checkpoint at Orlando International Airport. Paul Hennessy | SOPA Images | Getty Images The Transportation Security Administration on Friday said it is assessing hundreds of people to determine whether they should be barred from flights as it steps up security ahead of President-elect Joe Biden’s …

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Palm Beach County looks to end Trump golf course lease after U.S. Capitol riot

U.S. President Donald Trump plays golf at the Trump International Golf Club in West Palm Beach, Florida, U.S., December 30, 2020. Marco Bello | Reuters Palm Beach County in Florida this week began seeking a way to terminate a contract with President Donald Trump’s prized International Golf Club. Howard Falcon, an assistant county attorney, said …

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Cash burn cut in half

A Delta Air Lines plane lands at Los Angeles International Airport Mario Tama | Getty Images Delta Air Lines said Thursday it halved its cash burn and narrowed its losses in the fourth quarter as the coronavirus pandemic drove the carrier to its worst year ever. The Atlanta-based airline posted a net loss of nearly …

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Trip.com is ‘more confident than ever’ in China’s travel recovery

SINGAPORE — Online travel agency Trip.com is “more confident than ever” that China’s domestic tourism will recover in the long run, chief executive Jane Sun said on Thursday. That’s despite fresh lockdowns in the country as new coronavirus cases emerge. “In the long run, we are very optimistic about the recovery,” Sun told CNBC’s “Squawk …

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US will require negative Covid tests for inbound international air travel

Passengers arrive on a flight from London amid new restrictions to prevent the spread of coronavirus disease (COVID-19) at JFK International Airport in New York, December 21, 2020. Eduardo Munoz | Reuters The U.S. will soon require airline passengers to prove they recently tested negative for Covid-19 before flying to the country, according to people …

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American Airlines moves flight crews to D.C. airport hotels

An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. Andrew Caballero-Reynolds | Getty Images Airlines are moving flight crews to hotels outside of central Washington D.C. to avoid the protests at the U.S. Capitol, airlines and a major labor union said. …

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What people might not be allowed to do if they don’t get vaccinated

Demonstrator holding an anti-vaccine placard in east London on in central December 5, 2020. JUSTIN TALLIS | AFP | Getty Images LONDON — A perfect storm is brewing as Covid-19 vaccines start to roll out more widely in countries around the world. While many people can’t wait to protect themselves from the virus, some are …

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Airbnb gets bearish analyst calls after stock more than doubled in IPO

The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images Wall Street analysts see plenty of growth ahead for Airbnb’s business, but they don’t see much room for the stock to run after it more than doubled in …

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