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Royal Caribbean CEO: Consumer doing exceptionally well, demand is strong and accelerating

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jason Liberty, Royal Caribbean CEO, joins ‘Money Movers’ to discuss what’s driving the company’s demand, what’s allowing the company to raise prices, and the return on investment for private islands. Source link

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Open seating no more? Southwest CEO says airline is weighing cabin changes

Southwest Airlines is weighing changes to its cabin that could involve abandoning its single-class, open-seating system in order to drive up revenue, CEO Bob Jordan said told CNBC Thursday. The changes would mark a massive shift for the carrier that has stood apart from rivals for decades with its simpler business model. “We’re looking into

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American Airlines swings to a loss, but tops estimates for Q2 forecast

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts’ estimates, sending shares roughly 5% higher Thursday. American expects to earn between $1.15 and $1.45 per share in the second quarter, on an adjusted basis, largely above the $1.18 that analysts compiled by LSEG estimated on

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Venice residents clash with riot police as city launches world’s first tourist entry fee

Venice became the first city in the world to charge a payment for tourists in a bid to alleviate the pressures of mass tourism and make the city more livable for its residents. The pilot program will exact a fee of 5 euros ($5.4) from day-trippers to Venice, one of Italy’s most picturesque and historic

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Macao Government Tourism Office discusses its goal of welcoming 33 million visitors in 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Cheng Wai Tong, deputy director of the Macao Government Tourism Office, says it has fulfilled its target for the first quarter and discusses the markets it’s focused on. Source link

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Boeing will have to give 'better pricing to the right people' to regain trust, says Oscar Munoz

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Oscar Munoz, former United Airlines chairman and CEO, and Jeff Guzzetti, former FAA accident investigation director, join CNBC’s ‘The Exchange’ to discuss the fallout for Boeing, how the airline can regain trust, and more. Source link

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NASA releases satellite photos of Dubai and Abu Dhabi before and after record flooding

NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and paralyzed much of the country. The images, taken by NASA Earth Observatory on Friday using Landsat data from the U.S. Geological Survey, show large patches of

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Airbnb's new chief business officer shares his top priorities for hosts and travelers

As Airbnb’s recently appointed chief business officer, Dave Stephenson is playing a crucial role in the company’s future growth plans. He’s also filling another role that is critical to that growth: an Airbnb host. Stephenson, who has served as Airbnb‘s chief financial officer since 2019 after joining the company from Amazon, has hosted a mountain

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JetBlue CEO: Expected headwinds in Q2 in our Latin American region led to company's lower guidance

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Joanna Geraghty, JetBlue CEO, joins ‘Money Movers’ to discuss the company’s lower guidance, JetBlue’s quest to get back to profitability, and much more. Source link

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JetBlue shares tumble 9% after airline lowers 2024 revenue outlook

JetBlue Airways shares tumbled more than 9% in premarket trading on Tuesday after the airline lowered its 2024 revenue forecast, a setback as the carrier tries to return to profitability. JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year, more than double the drop analysts polled by LSEG expected. The

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