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United Airlines president Scott Kirby poses in front of the “Flight for the Planet”, the most eco-friendly commercial flight in history of aviation, according to the airline, before its departure from O’Hare International Airport to Los Angeles, in Chicago, Illinois, U.S., June 5, 2019. Kamil Krzaczynski | Reuters United Airlines‘ new CEO Scott Kirby said

Ground operations employees load baggage onto a Southwest Airlines Boeing 737 aircraft on the tarmac at John Wayne Airport (SNA) in Santa Ana, California. Patrick T. Fallon | Bloomberg | Getty Images Southwest Airlines rose more than 4% in premarket trading Tuesday after the low-cost carrier said new bookings are outpacing cancellations, a turning point in

With the summer holidays fast approaching following several months of lockdown, many of us are wondering when we might return to the skies. But even as some airlines move to resume service when countries ease coronavirus restrictions, it’s unlikely the experience will feel much like the type of flying we’ve come to know. Airlines have

Planes parked at the Barcelona airport terminal, on 12th May 2020. (Photo by Joan Valls | Urbanandsport | NurPhoto via Getty Images Large, state-backed airlines have a better chance of making it through the coronavirus pandemic — but second-tier players “could be in trouble,” according to Greg Waldron from aviation publication, FlightGlobal.  In a bid

Passengers, some wearing masks and protective gear, queue for their flight at Terminal 1 of John F. Kennedy Airport (JFK) amid the novel coronavirus pandemic on May 13, 2020 in Queens, New York. Johannes Eisele | AFP via Getty Images U.S. air travel demand has inched higher this month but airlines are nowhere near their

Hotels are cautiously reopening for the summer travel season, but it’s anything but business as usual in the hospitality industry. Last week, the American Hotel & Lodging Association (AHLA) introduced its Safe Stay guidelines developed under the guidance of an advisory council that includes Accor, InterContinental Hotels Group, Marriot International, Omni Hotels & Resorts and Walt

People wait for their flights Dubai Airport’s Terminal 3. Undated. Andrey Danilovich DUBAI, United Arab Emirates — Passenger travel through Dubai International Airport, one of the world’s largest travel hubs, dropped by a fifth in the first quarter of the year as lockdowns and border closures triggered by the coronavirus pandemic dealt a hammer blow to

A Boeing 787 ‘Dreamliner’ plane with the logo of tourism giant TUI at Hanover airport in Langenhagen, central Germany. JULIAN STRATENSCHULTE | AFP | Getty Images Tui will cut up to 8,000 jobs in an effort to reduce costs amid the coronavirus crisis, the European travel company announced Wednesday. In its half-year financial report, it

Regional destinations that guests can get to by car will be the first to rebound, the chief financial officer at Marriott International said Monday after the hotel giant reported much lower-than-expected earnings as coronavirus mitigation restrictions ravaged the travel industry. “We expect demand to return first in drive-to and leisure destinations,” Marriott CFO Leeny Oberg told CNBC’s

A man walks past a store going out of business on May 5, 2020 in the Brooklyn borough in New York City. Angela Weiss | AFP | Getty Images The U.S. economy was slowing last year, but many companies entered 2020 with reasons to be optimistic and expansion plans to match. Hotel construction around the

An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images DUBAI, United Arab Emirates — Dubai state carrier Emirates Airline reported a 21% increase in its full-year profit in the 12 months to March 31, it reported Sunday. The airline, one of the biggest long-haul carriers

Until a vaccine for the coronavirus hits the market, the travel industry is expected to suffer, one industry executive said Friday. “I think no one is going to feel comfortable, fully comfortable, traveling until they can feel that they are safe and that requires either, perhaps we’ll have a vaccine — hopefully not long from

Norwegian Cruise Line hopes to resume sea trips this year, despite a global coronavirus pandemic that has rocked the industry. CEO Frank Del Rio on Thursday told CNBC’s Jim Cramer that his cruise company is consulting with government officials and public health experts to ensure its fleet is safe for crew and passengers to board. “We expect

With the cruising industry in tatters and the desire for remote travel greater than ever, chartering a yacht can sound appealing. But what does it cost? And will rates decrease during the coronavirus pandemic? Yachting has long been the terrain of the ultra-wealthy — and yes, some charter prices are akin to a down payment

Information board displaying cancelled flights at the departure hall at Kansai International Airport on March 10, 2020 in Osaka, Japan. Tomohiro Ohsumi | Getty Images From spring breaks to summer holidays, the coronavirus pandemic has disrupted travel plans globally as lockdown measures keep much of the world’s population at home during some of the peak

A Delta Air Lines jet taxis passes Southwest Airlines jets to be parked with a growing number of jets at Southern California Logistics Airport (SCLA) on March 24, 2020 in Victorville, California. David McNew | Getty Images U.S. airline shares were down sharply again on Monday, this time after Warren Buffett said Berkshire Hathaway sold its

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during the virtual Berkshire Hathaway annual shareholders meeting seen on a laptop computer in Arlington, Virginia, U.S., on Saturday, May 2, 2020. Bloomberg A 95% plunge in passengers. Billions in losses. A rush for new debt. A recovery that executives expect to take

Donated food and supplies from TSA workers for airport workers who are on reduced hours and/or paychecks, April 30, 2020. Source: TSA The steep decline in air travel caused by the Covid-19 pandemic has triggered layoffs, furloughs and shortened work hours for airport employees and contract workers ranging from wheelchair attendants and baggage handlers to

The entrance to the Magic Kingdom at Disney World is seen on the first day of closure as theme parks in the Orlando area suspend operations for two weeks in an effort to curb the spread of the coronavirus (COVID-19). Paul Hennessy/SOPA Images/LightRocket via Getty Images) Paul Hennessy | SOPA Images | LightRocket via Getty

The Boeing logo is pictured at its Renton Factory, where the Boeing 737 MAX airliners are built in Renton, Washington on April 20, 2020. JASON REDMOND | AFP via Getty Images Boeing on Thursday said it wouldn’t seek federal aid to help it weather the coronavirus pandemic after the aerospace giant secured a whopping $25 billion