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Luxury travel prices are high because 'the demand is there'

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Luxury travel prices are increasing because wealthy travelers are willing to pay the rates. ‘Money is almost no object for some of these guests,’ said Henry Harteveldt, president of the travel market research company, Atmosphere Research Group. 01:36 Mon, Apr 1 20242:37

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United asks pilots to take unpaid time off, citing Boeing's delayed aircraft

United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing, according to a note sent to pilots. It’s another example of how Boeing’s customers say the manufacturer’s production problems and safety crisis are impacting their growth plans. The offer comes after United and other airlines in recent years

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Italy's new 'Orient Express' isn't running yet — but rates are already soaring

Reservations for Italy’s new “La Dolce Vita Orient Express” train open Tuesday. Luxury train enthusiasts may want to lock in the current rate now — before it climbs any higher. Starting rates for a one-night journey on the luxury train increased from 2,000 euros ($2,168) per person in December 2022 to 2,500 euros per person

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A new Japanese restaurant tops 'Asia's 50 Best Restaurants' list

Tokyo’s Sézanne is the newly crowned winner of “Asia’s 50 Best Restaurants 2024” list. The two Michelin-starred neo-classical French restaurant, located on the 7th floor of the Four Seasons Hotel Tokyo at Marunouchi, climbed from No. 2 on the 2023 list to secure the top spot. Japan had nine restaurants make this year’s list, as

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Boeing needs to be led by engineers, time is not on its side, Emirates Airline president says

Boeing needs to be led by engineers if it wants to pull itself out of its current crisis, Tim Clark, the president of Emirates Airline, said in comments Wednesday. The American aerospace giant is once again mired in controversy following a recent series of mid-flight technical failures, starting with a door panel that blew off

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'We need someone to fix Boeing.' Here's who could replace Calhoun as the troubled plane maker's CEO

Help wanted at Boeing. CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant’s top post at year’s end as the company struggles with a safety and production quality crisis tied to its bestselling airplane, the 737 Max. Boeing said it will begin a search for Calhoun’s replacement. Boeing also announced

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Saudi Arabia is building the world's first Dragon Ball Z theme park

Saudi Arabia is set to become home to the first-ever Dragon Ball Z theme park — a 5.3 million square foot entertainment venue announced as part of the kingdom’s huge Qiddiya project. The latest tourist attraction announced by the kingdom will feature seven different areas recreating locations from the original Japanese anime television series, more

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Boeing CEO Dave Calhoun to step down; board chair and commercial airplane head replaced in wake of 737 Max crisis

Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for the embattled aerospace giant. Chairman of the board Larry Kellner is also resigning and will leave the board at Boeing’s annual meeting in May. He has been replaced as chair by Steve Mollenkopf, who has

Boeing CEO Dave Calhoun to step down; board chair and commercial airplane head replaced in wake of 737 Max crisis Read More »

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Chrysler, Dodge parent recalling 318,000 vehicles over potentially faulty airbag parts

The parent company of Chrysler and Dodge is recalling a total of 318,000 vehicles over airbag parts that can potentially shatter and cause injury. The parent, Stellantis, said in documents posted on the National Highway Traffic Safety Administration website that affected vehicles’ side airbag inflators can explode and hurl shrapnel inside the vehicle. The recall affects Dodge

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