Virgin Voyages launches month-long trip

Virgin Voyages launches month-long trip

Virgin Voyages is targeting a new type of traveler: remote workers. In March, the Miami-based cruise line owned by Sir Richard Branson introduced a month-long cruise called the “Scarlet Summer Season Pass.” It’s essentially four week-long cruises packaged together to appeal to remote workers who want to spend a month at sea in southern Europe. … Read more

Alaska Airlines says Boeing paid it $160 million for 737 Max 9 grounding

Alaska Airlines says Boeing paid it 0 million for 737 Max 9 grounding

The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters Boeing paid Alaska Airlines $160 million … Read more

Bob Iger discusses proxy fight with Nelson Peltz after board vote

Bob Iger discusses proxy fight with Nelson Peltz after board vote

Nelson Peltz’s proxy battle was a “distraction” and Disney can now focus on trying to turn a streaming profit and planning its succession, its CEO Bob Iger said on CNBC’s “Squawk on the Street” on Thursday, just one day after handing a stinging defeat to the activist investor. “One of the things that I feel … Read more

More students are dropping out of college — here’s why

More students are dropping out of college — here’s why

Getting into college is one thing, staying in is another. Although college enrollment declines leveled off this year, the number of students who started but then withdrew has been on the rise, according to the National Student Clearinghouse Research Center. There are now more than 40 million students who are currently unenrolled. At the same time, roughly … Read more

Disney cinematic drought primed Peltz proxy fight

Disney cinematic drought primed Peltz proxy fight

Harrison Ford returns as Indiana Jones in “Indiana Jones and the Dial of Destiny.” Disney Disney has struggled to return to the lofty box-office records of 2019 — and that may have helped open the door for its recent troubles with activist investor Nelson Peltz. Just four years ago, the studio had seven billion-dollar films, … Read more

Streaming platforms are shrinking their content libraries

Streaming platforms are shrinking their content libraries

Every day the streaming landscape is looking more and more like the beast it sought to slay — cable. Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns, has shifted. Wall Street wants … Read more

Why is luxury travel so expensive? High prices aren’t curbing demand

Why is luxury travel so expensive? High prices aren’t curbing demand

The travel industry is largely back on track. But high prices in the luxury sector, which rose in the wake of the Covid pandemic, aren’t returning to normal. In fact, they’re growing higher by the month. Luxury hotel rates reached “peak levels” this year, with average daily rates up 70% compared to 2019, according to … Read more

United asks pilots to take unpaid time off, citing Boeing delays

United asks pilots to take unpaid time off, citing Boeing delays

Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023.  JanValls | Nurphoto | Getty Images United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing, according to a note sent to pilots. It’s another example of how Boeing’s customers … Read more

How long should you stay at your job? How to switch strategically

How long should you stay at your job? How to switch strategically

A majority of Americans, 95%, said they plan to look for a new job this year, according to a January 2024 survey by job site Monster. Money is a big reason, with 45% of workers saying they need a higher income. Data from the Federal Reserve shows that job switchers increase their salaries more quickly, on average, than … Read more

What a one-night journey costs

What a one-night journey costs

Reservations for Italy’s new “La Dolce Vita Orient Express” train open Tuesday. Luxury train enthusiasts may want to lock in the current rate now — before it climbs any higher. Starting rates for a one-night journey on the luxury train increased from 2,000 euros ($2,168) per person in December 2022 to 2,500 euros per person … Read more