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