Tag: AIRLINES

What is inflation? Hint: It’s not the 12% increase in rental-car prices last month

When Chipotle CMG, +1.21% CEO Brian Niccol shared that the company has increased its menu prices by nearly 4%, some customers thought they knew exactly...

Vaccinated and need a vacation? CDC relaxes guidance for Americans traveling to more than 100 countries.

The U.S. Centers for Disease Control and Prevention has issued updated travel advice, easing restrictions on more than 100 countries and opening up more destinations...

Airlines demand trans-Atlantic travel restarts, as Biden prepares for G-7 trip

The bosses of six airlines offering U.S.-U.K. passenger services have called for trans-Atlantic travel restrictions to be lifted, saying high COVID-19 vaccination rates in both...

Is the Fed ‘tightening cycle’ already happening?

The Federal Reserve surprised markets this week by announcing it will begin to gradually sell off its corporate debt holdings accumulated during the pandemic, a...

Southwest Companion Pass: Earn with credit cards

(CNN) —   CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission...

American Airlines joins Southwest in extending suspension of alcohol sales

American Airlines is joining Southwest Airlines in holding off on resuming in-flight alcohol sales following an assault against a flight attendant last week. The moves...

Southwest credit cards: 65,000 bonus points

(CNN) —   CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission...

Ryanair CEO Calls Belarus Flight Diversion a ‘Premeditated Hijacking’

Ryanair Holdings RYAAY 1.64% PLC rejected Belarus’s account of the diversion of one of its planes Sunday, angrily condemning the forced landing in a private...

Belarus Faces EU Flight Ban for Grounding Ryanair Plane With Dissident

European Union leaders agreed to impose a new round of sanctions against Belarus and ban its airlines from entering the bloc’s airspace and airports, a...

Belarus Jet Forces Ryanair Plane to Land in Minsk

MOSCOW—Belarusian President Alexander Lukashenko scrambled a jet fighter to force a Ryanair commercial aircraft to land in Minsk, where a Belarusian journalist and opposition activist...

When was the last time you saw Paris? EU ambassadors met to discuss travel restrictions, but Americans still face hurdles

European Union ambassadors met this week to finalize plans to relax travel restrictions and allow in fully vaccinated visitors — but roadblocks remain for Americans...

U.S. stocks push higher as investors shake off tax jitters

Stocks traded higher Friday, lifted by data indicating an acceleration in private-sector economic activity and another round of red-hot new home sales, after markets dipped...

ETF Wrap: Let’s get away from it all

Raise your hand if you’ve got a mean case of cabin fever. After the past 13 months, of course you do! You want to see...

The pandemic’s differing earnings effects will be on display with tech, airline reports

The first big week of earnings season will kick off with a study in contrasts. The tech and airline sectors feature prominently on the earnings...

Get ready for stock buybacks to roar back

U.S. corporations ranging from financial powerhouses to technology titans also have been stockpiling cash as a ballast against the COVID-19 storm. Investment-grade companies ended 2020...

Travel and leisure top list of corporate credit ratings in flux during pandemic

The COVID-19 pandemic has not only been disrupting lives and businesses around the world for more than a year, but also the credit ratings of...

PwC lets U.K.-based staff choose start times — and clock off early in the summer

PwC has told its U.K. based staff they can spend around half their working hours at home after the COVID-19 pandemic ends — and clock...

What you need to know about COVID-19 vaccine passports — and the ‘double privilege’ dilemma they raise for society

Neil Schwartzman is used to getting vaccines in order to travel to exotic parts of the world such as the Great Rift Valley of Kenya...

European stocks softer in aftermath of Fed Chair Powell’s comments

European stocks struggled on Friday, following sharp losses for Wall Street after Federal Reserve Chair Jerome Powell indicated the central bank wasn’t ready to stem...

Amid water shortages and power outages, Texans cry foul over price gouging for bottled water, gas and $1,000 hotel rooms

Some businesses in Texas are hitting consumers when they’re down. Lina Hidalgo, the judge Harris County, the largest county in Texas, said this week that...

Airbus lost $1.3 billion amid pandemic; expects better 2021

PARIS: European plane maker Airbus lost 1.1 billion euros (USD 1.3 billion) last year amid an unprecedented global slump in air travel because of the...

Here’s the main reason Robinhood traders have been able to push stocks higher — and, no, it isn’t by squeezing hedge funds

With the broader stock-market indexes in a bit of a coma this week, the talk of financial markets is still the awakening of retail investors...

Archer Aviation gets a $1 billion order from United Airlines, on the same day it announces a deal to go public

Archer Aviation Inc. said Wednesday that United Airlines Holdings Inc. placed a $1 billion order for its all-electric vertical take-off and landing aircraft (eVTOL), on...

boeing: Boeing posts $8.4 billion loss on weaker demand for planes

Boeing lost $8.4 billion in the fourth quarter _ capping a record loss for all of 2020 _ as the pandemic undercut demand for planes,...

President Biden removes key figure at National Labor Relations Board — union leaders rejoiced

Amid a flurry of first-day orders and actions, President Joe Biden’s administration showed the door to a top-ranking lawyer at a labor agency meant to...