An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max … Read more
United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines‘ second-quarter profit rose more than 20% over last year as strong demand for international travel boosted the carrier’s results, but third-quarter results came in shy of estimates. United said Wednesday that it expects to earn between $2.75 and $3.25 a share on … Read more
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines said Tuesday it would post a wider-than-expected loss for the last quarter because of revenue that came in short of its expectations. Spirit expects to report … Read more
Some workers are phoning it in, and it shows. After mostly trending up for years, workplace engagement has flatlined. Now, only one-third of full- and part-time employees are engaged in their work and workplace, while roughly 50% are not engaged — reflected in the evolution of “quiet quitting” — and the rest, another 16%, are … Read more
Protests in Spain will spread if European officials fail to address mass tourism’s negative effect on the lives of residents, UNESCO’s Peter Debrine told “Squawk Box Asia” on Monday. “It’s turning into a very volatile situation,” said UNESCO’s senior project officer for sustainable tourism. “Civil society coming and trying to make change is very important, … Read more
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images StubHub is delaying a potential initial public offering until after Labor Day, according to a person familiar with the deal. The online ticketing service had been eyeing a summer IPO, aiming for a valuation of at … Read more
This picture taken in Paris on March 3, 2024, shows the silhouette of the Eiffel Tower and the city skyline with cloudy weather. Stefano Rellandini | Afp | Getty Images For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential tourists feel otherwise. Delta Air … Read more
Nurphoto | Nurphoto | Getty Images Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its earnings forecast fell short of analysts’ estimates. Shares of Delta fell about 7% in premarket trading. Here’s how the company performed in the three months ended June 30, compared with … Read more
Mass tourism troubles hit fever pitch in Barcelona on Saturday as protesters threw items and sprayed travelers with water guns while shouting “tourists go home.” The protesters — angry about the city’s long-standing problems with overtourism — used thick police-style tape to block hotel entrances and sidewalk cafes in the small neighborhood of Barceloneta in … Read more
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While the proposed union has been touted as perfect … Read more
