An employees at the Delta Air Lines helps a customer at a nearly deserted Los Angeles International Airport on April 16, 2020 in Los Angeles, California. David McNew | Getty Images Thousands of U.S. airline employees are being forced to play a game of chance with their careers. Airline executives are urging employees — from flight
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Who are the three types of travelers most likely to travel internationally this summer? If you guessed the jet-setting elite, adventure enthusiasts and once-in-a-lifetime honeymooners, you’d be wrong. A new report by Sentimantle, a service that advises tourism and airline clients, has identified the types of travelers who are most likely to venture abroad first.
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 American Airlines has recently detailed severance packages for high-level employees if they are laid off when the terms of federal aid expire in the fall, people familiar with the matter said.
Air China staff wear face masks to protect against the spread of the Coronavirus as they check in passengers on an Air China flight to Beijing, at Los Angeles International Airport, California, on February 2, 2020. Mark Ralston | Getty Images The Trump administration on Friday scrapped a plan to ban Chinese passenger airlines from flying
A Boeing 777-222(ER) passenger plane belonging to the United Airlines taking off at Hong Kong International Airport on August 08 2018 in Hong Kong, Hong Kong. Marcio Rodrigo | Getty Images United Airlines plans to close three of its five overseas flight attendant bases in October as international air travel continues to struggle because of the coronavirus
American Airlines passenger planes crowd a runway where they are parked due to flight reductions at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. Nick Oxford | Reuters Here are the companies making headlines in midday trading. American Airlines, United, Delta — Airline stocks rose as the companies announced plans to ramp up
Pakorn Polachai / EyeEm Don’t feel comfortable getting on a plane given Covid-19? If you’re thinking of canceling an upcoming flight you paid for, you might have resigned yourself to losing your money or perhaps, best-case scenario, getting an airline credit for some or all of the fare. That’s because air carriers in the U.S.
The coronavirus pandemic put a dent in the travel and leisure industry, but one segment of the industry has benefited from the health crisis, according to CNBC’s Jim Cramer. The “Mad Money” host on Tuesday highlighted an “incredible, stealth bull market” in the recreational vehicle and camping stocks, advising that investors take advantage on a
Akamas Peninsula, Cyprus Etienne Torbey/AFP/Getty The Cypriot government has said it will cover the vacation costs of any tourists who contract the coronavirus while holidaying in the country. Officials pledged to pay for travelers’ accommodation, food, drink and medication if they test positive for Covid-19 after entering the country. It said travelers will only need
People congregate outside a restaurant in the upper east side during the coronavirus pandemic on May 2, 2020 in New York City. Noam Galai | Getty Images As states gradually reopen, the U.S. economy is showing signs of life after one of the most significant downturns in history. Though many restrictions remain in place across
Sonya Carp and her husband own two short-term rental properties in Florida, and they have decided to list one for sale as a result of the coronavirus pandemic. Courtesy of Sonya Carp Consolidation is hitting the market for short-term home rentals as the coronavirus pandemic has curtailed travel dramatically this year. Small landlords and venture-backed
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Ongoing distress in the rental car market due to the coronavirus pandemic, highlighted by Chapter 11 bankruptcy filings of Hertz and the parent company of Advantage Rent A
A car dealer wearing a protective mask walks through the showroom at a Ford Motor Co. car dealership in North Brunswick, New Jersey, U.S, on Wednesday, May 20, 2020. Angus Mordant | Bloomberg | Getty Images Wealthy consumers plan to pull back on their spending, despite seeing little impact from the pandemic on their incomes
CNBC’s Jim Cramer said Wednesday that he thought some stocks were rallying too far too quickly given the high level of unemployment in the United States as the economy tries to pull out of the coronavirus slowdown. “It’s too ‘happy days are here again,'” Cramer said on “Squawk on the Street.” “It’s just not going
1. Dow to surge on coronavirus vaccine hopes Dow futures were pointing to about a 500-point gain at Tuesday’s open to begin the holiday-shortened trading week as investors bet on the economy reopening and a coronavirus vaccine breakthrough. Shares of Novavax were soaring about 20% in Tuesday’s premarket after the Maryland-based biotech announced the start of
Canceled that flight to Cancun or that cruise out of Miami to the Caribbean? You’re not alone. In light of the Covid-19 pandemic and worries over health and safety, many Americans will opt to “staycation” this year and holiday at home or nearby. “We’re seeing a trend overall [that] people are booking trips closer to
Hero Images | Getty Images Traditionally, parents pay a premium so their children can play capture the flag, drink bug juice and swim in a lake through August. This year, of course, summer camp looks very different. Amid the coronavirus crisis, many camps have cancelled their summer sessions, others have moved online and a few
Hikers take pictures at the entrance of the famous Narrows hike, currently closed, along the North Fork of the Virgin River in Zion National Park on May 15, 2020 in Springdale, Utah. George Frey | Getty Images Trip organizer Natural Habitat Adventures typically plans exciting excursions like African safaris, yacht cruises through the Galapagos and
Heidi Bess, Owner of Candlelight Cottages in Bolton New York, said customers are anxious to get out of their house after being housebound for months. Source: Heidi Bess Memorial Day is the unofficial start of summer but the water parks are dry, amusement parks are shuttered and national parks are only beginning to reopen. For
A TSA officer wears a protective mask while screening travellers at Orlando International Airport. In the past 14 days across the nation, 58 TSA screening officers have tested positive for COVID-19, including 9 in Orlando. Paul Hennessy | Barcroft Media | Getty Images The Transportation Security Administration is tweaking some airport screening procedures to limit
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