Helane Becker discusses restructuring for Delta Air Lines, suggesting there is no need for Delta to receive additional government support, and instead will have to figure out how to make do with the capital markets. She also foresees that both domestic and international air travel will not recover any time soon. 02:23 6 minutes ago
With occupancy rates now at 44% in the U.S., and European hotels not expected to fully recover until 2023, hotels are reaching out to a new crop of clientele — local residents who are tired of working from home. Luxury hotels are now renting rooms by the day — often at steeply discounted rates —
A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images United Airlines and the union that represents its some 13,000 pilots have reached a tentative agreement on voluntary furloughs and early retirement packages, the latest effort to slash costs as the coronavirus pandemic devastates travel demand. United is the last of the four biggest
Taking a gap year amid the coronavirus will be a different experience than the international travel plan many recent high school graduates have favored. Hinterhaus Productions As politicians and universities fight over the reopening of college and university campuses, recent high school graduates are debating if they should take a gap year, deferring enrollment for at
Bill Coan is a former Disney Imagineer and design manager at Disneyland Paris and CEO of ITEC Entertainment, a theme park design and production firm. He joins ‘Squawk on the Street’ to discuss Disney’s plan to reopen and how consumers might approach the park on their future visits. 04:51 4 hours ago
Working from home could be about to get a major upgrade, as Barbados Prime Minister Mia Mottley has said her government is considering letting visitors stay and work remotely from the island for a year. Mottley said lawmakers were looking at introducing the 12-month “Barbados Welcome Stamp,” noting that restrictions due to the coronavirus pandemic
Mount Rushmore National Monument in South Dakota was a top road trip draw over the July 4 holiday weekend, according to data from Arrivalist. Photo by Mike Kline (notkalvin) Travel during the July 4th weekend was busier than predicted, but states’ Covid-19 infection rates impacted how much of an increase in activity they saw over
Passengers board an American Airlines flight to Charlotte, North Carolina at San Diego International Airport on May 20, 2020 in San Diego, California. Sandy Huffaker | Getty Images New York Gov. Andrew Cuomo and New Jersey Gov. Phil Murphy added three more states to their travel restrictions list Tuesday, now requiring people traveling from 19 states to
An airport ground crew prepares a Cessna 510 jet airplane for takeoff at Santa Fe Municipal Airport in Santa Fe, New Mexico. Robert Alexander | Getty Images The major private jet companies, including Wheels Up and OneSky Flight, received more than $200 million in government funding under the government’s payroll support program, according to recent
Brendan McDermid | Reuters Direction requests Requests for transit directions on Apple Maps are still nowhere near pre-pandemic levels, according to data from the navigation app. However, driving and walking direction requests have surged from their low points during the early stages of the outbreak. Travelers may be more inclined to driving and walking rather
kate_sept2004 Pandemic first-aid kit You need seven things, according to Jeff Weinstein, a paramedic and medical operations supervisor for Global Rescue, which provides medical and crisis response service to travelers. It’s likely you already have three: masks, hand sanitizer and disinfectant wipes. Carry isopropyl alcohol wipes and use them to wipe down your phone. Major smartphone
swissmediavision The seemingly endless nationwide pandemic lockdown has resulted in a lot of pent-up travel demand. As the second major long holiday weekend of summer gets underway, people looking to celebrate Independence Day are getting in their cars and campers for road trips — deemed by many a safer bet than air or cruise travel.
There has been a big impact on the southeast Asian travel sector from the pandemic, but there are reasons to remain optimistic about long-term trends, says Amit Anand, the co-founder of Singapore-based fund Jungle Ventures. He says regionalization will keep the sector up in the long run, and discusses the areas likely to rebound first.
JetBlue plane makes a flyover of New York City as a tribute to health care workers and first responders, as it seen from Weehawken in New Jersey on May 7, 2020. Kena Betancur | AFP | Getty Images JetBlue Airways and the labor union that represents the airline’s pilots have reached an agreement that avoids furloughs
A traveler wearing a protective mask walks through Ronald Reagan National Airport (DCA) in Arlington, Virginia, U.S., on Tuesday, June 9, 2020. Andrew Harrer | Bloomberg | Getty Images Checking temperatures at airports might not be the best way to weed out travelers with Covid-19, the head of the Transportation Security Administration said Tuesday. TSA
A Boeing 737 MAX 8 airliner takes off from Renton Municipal Airport near the company’s factory, on March 22, 2019 in Renton, Washington. Stephen Brashear | Getty Images The Federal Aviation Administration began certification flights of the Boeing 737 Max Monday, a key step toward permitting the planes to return to service after two fatal
The reception desk at luxury boutique property Diamond Mills Hotel & Tavern in Saugerties, New York, features sneeze guards. Guests and staff must wear face masks in public areas. Gina Hornbeck/Diamond Mills Hotel & Tavern Like most components of travel in the Covid-19 era, hotel check-in has changed — perhaps, in many ways, for good.
The travel industry has been dealt another blow as the tri-state area imposes quarantine restrictions during the coronavirus pandemic. Watch this one stock as an indicator for the rest of the group, said Matt Maley, chief market strategist at Miller Tabak. “The one stock that I think people should look at very closely because it looks just
Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. Elijah Nouvelage | Reuters Delta Air Lines is planning to send notices to warn more than 2,500 pilots next week about potential furloughs, according to
Unions representing tens of thousands of airline employees on Thursday asked lawmakers for $32 billion in additional government aid to maintain their jobs through the end of March 2021, as air travel demand remains low because of the coronavirus pandemic. U.S. passenger and cargo airlines, as well as airline contractors, had $32 billion in federal