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Browse: Home   /   CNBC   /   Page 2

United Airlines to Offer Digital Meal and Hotel Vouchers for Disrupted Travel

United Airlines to Offer Digital Meal and Hotel Vouchers for Disrupted Travel

United Airlines is introducing a new digital solution to streamline the process of compensating passengers for disrupted travel. Instead of… Read More »

Qantas and University of Sydney Collaborate to Tackle Jet Lag on Ultra-Long-Haul Flights

Qantas and University of Sydney Collaborate to Tackle Jet Lag on Ultra-Long-Haul Flights

Airlines and researchers are teaming up to combat jet lag during ultra-long-haul flights. Qantas, in partnership with the University of… Read More »

Aerospace Industry Soars as Passenger Planes are Converted to Cargo Freighters

Aerospace Industry Soars as Passenger Planes are Converted to Cargo Freighters

The aerospace industry has experienced significant growth in a niche sector driven by surging air cargo demand. The price of… Read More »

Lots of Options for European Flights this Summer, but Affordable Airfare is Scarce

Lots of Options for European Flights this Summer, but Affordable Airfare is Scarce

Summer travel to Europe is set to see a significant increase in flight availability, with airlines scheduling nearly 51,000 flights… Read More »

Despite Inflation and Rising Costs, U.S. Consumers Remain Committed to Summer Travel Plans

Despite Inflation and Rising Costs, U.S. Consumers Remain Committed to Summer Travel Plans

Persistent inflation and higher interest rates have placed financial strain on many households, causing consumers to reconsider certain expenditures, such… Read More »

Memorial Day Air Travel Surpasses Pre-COVID Levels Despite Inflation

Memorial Day Air Travel Surpasses Pre-COVID Levels Despite Inflation

Memorial Day air travel has exceeded pre-COVID pandemic levels, indicating that consumers are still willing to spend on trips despite… Read More »

How Airlines are Tackling Airport Congestion in 2023

How Airlines are Tackling Airport Congestion in 2023

Tune in to “Now Boarding,” a captivating weekly podcast on air travel and the aviation industry. CNBC’s Leslie Josephs, airlines… Read More »

China’s Economy Shows Signs of Recovery as Consumer Spending Increases

China's Economy Shows Signs of Recovery as Consumer Spending Increases

According to Brendan Ahern, Chief Investment Officer of KraneShares, China’s pandemic-affected economy is witnessing a gradual rebound in consumer spending…. Read More »

VistaJet CEO Stands Firm on Financials as Auditor Raises Concerns about Liquidity

VistaJet CEO Stands Firm on Financials as Auditor Raises Concerns about Liquidity

VistaJet CEO Thomas Flohr has defended his company’s financial position amid reports of liquidity and debt issues. Responding to concerns… Read More »

Asian Airlines Regain Profitability and Pin Hopes on China’s Travel Recovery

Asian Airlines Regain Profitability and Pin Hopes on China's Travel Recovery

Three major airlines in Asia have bounced back from the challenges of the pandemic and are optimistic about the potential… Read More »

Ryanair Reports Strong Profit Boosted by Increased Traffic and Favorable Fuel Hedges

Ryanair Reports Strong Profit Boosted by Increased Traffic and Favorable Fuel Hedges

Ryanair, the Irish low-cost carrier, announced a net profit of 1.43 billion euros ($1.55 billion) for the full year. The… Read More »

Tomorrow.io Launches World’s First Commercial Weather-Radar Satellite to Revolutionize Weather Forecasting

Tomorrow.io Launches World's First Commercial Weather-Radar Satellite to Revolutionize Weather Forecasting

Tomorrow.io, a Boston-based company initially known for hyper-precise, street-level weather forecasting, has expanded its horizons into space with the launch… Read More »

Flight Prices Soar to Five-Year Highs, Warns Fare-Tracker Hopper

Flight Prices Soar to Five-Year Highs, Warns Fare-Tracker Hopper

According to fare-tracker Hopper, flights during the upcoming summer season will be the most expensive in five years. Average domestic… Read More »

Unpacking the Billions: How Baggage Fees Drive Revenue for U.S. Airlines

Unpacking the Billions: How Baggage Fees Drive Revenue for U.S. Airlines

In recent years, baggage fees have evolved into a lucrative source of revenue for U.S. airlines, with the numbers reaching… Read More »

Are bigger jets the answer for congested airports and airline rising costs?

Are bigger jets the answer for congested airports and airline rising costs?

To address congested airports, increased costs, a pilot shortage, and high demand, airlines are turning to larger planes to fit… Read More »

United Airlines’ plan to revamp older narrow-body aircraft is delayed due to supply chain issues

United Airlines’ plan to revamp older narrow-body aircraft is delayed due to supply chain issues

United Airlines’ plan to renovate the cabins of its older narrow-body aircraft is being delayed due to supply chain issues,… Read More »

American Airlines reported a profit of $10 million in Q1

American Airlines reported a profit of $10 million in Q1

American Airlines reported a profit of $10 million in the first quarter, as increased flying and a surge in revenue… Read More »

EU agrees to decarbonize air travel

EU agrees to decarbonize air travel

European Union negotiators have secured a deal to decarbonize the air travel sector by stimulating the region’s green aviation fuel… Read More »

Boeing plans to boost 737 Max production to 38 planes per month

Boeing plans to boost 737 Max production to 38 planes per month

Boeing has announced plans to increase its output of 737 Max planes from 31 to 38 per month later this… Read More »

Travel recovery boosts General Electric and Raytheon’ jet engine revenues

Travel recovery boosts General Electric and Raytheon' jet engine revenues

General Electric and Raytheon Technologies’ aircraft engine units are experiencing a boost in sales and repairs as air travel recovers,… Read More »

JetBlue posts Q1 loss but forecasts profit

JetBlue posts Q1 loss but forecasts profit

Despite posting a loss for the first quarter of the year, JetBlue Airways is forecasting a profit for the second… Read More »

Is it legal to fly with marijuana in the U.S.?

Is it legal to fly with marijuana in the U.S.?

As weed becomes legal in more states, how and if travelers can bring their stash on board remains up in… Read More »

ChatGPT and generative A.I. are changing the way we book travel

ChatGPT and generative A.I. are changing the way we book travel

ChatGPT’s ability to focus on a specific, verifiable application in a particular business sector could establish it as a monetizable… Read More »

According to Delta and Booking.com CEOs summer travel prices will remain high

According to Delta and Booking.com CEOs summer travel prices will remain high

According to Delta and Booking.com CEOs, summer travel demand is expected to remain strong, with no signs of cooling off,… Read More »

While airlines wait on new jets, old planes get stripped for parts

While airlines wait on new jets, old planes get stripped for parts

According to recent reports, airlines are searching for parts as they prepare for a summer of high demand, with new… Read More »

Delta Air Lines posts Q1 loss but forecast strong summer travel demand

Delta Air Lines posts Q1 loss but forecast strong summer travel demand

Delta Air Lines has forecast strong travel demand for the second quarter, despite a wider loss in the first quarter… Read More »

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