Rideshare driver Jesus Jacobo Zepeda of Lancaster, California takes part in a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights”, in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Uber and Lyft got their
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Robert O’Neill speaks during book signing and lecture at Richard Nixon Library on July 26, 2017, in Yorba Linda, California. Phillip Faraone | Getty Images A former Navy SEAL who said he killed Osama bin Laden was banned by Delta Air Lines this week for not wearing a face mask on a flight, according to a person
Travel planning has changed — and not in a good way. In addition to booking a flight and hotel, travelers are faced with questions that were unthinkable just six months ago. Where can I go? Do I need a negative Covid-19 test result to enter? Must I quarantine upon arrival? If I’m allowed in, should
View of the cabin of a Delta flight between Minneapolis and Baltimore on April 25, 2020. Sebastien Duval | AFP | Getty Images Delta Air Lines will continue to limit the number of passengers it allows on each flight through early January in an effort to win over potential customers worried about flying during the coronavirus
Simon Brown of Tribeca Investment Partners says the pandemic has given Qantas the opportunity to restructure parts of its business that were challenged in the past. He also expects it to come out in a better position than other local carriers in the industry, even as new players are seen eating into its market share.
A Boeing 737 MAX sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mills | Reuters Boeing on Wednesday said it scored its first orders for its beleaguered 737 Max planes since November, selling two of them to a Polish charter airline with options
Air China planes are seen parked on the tarmac at Beijing Capital Airport on March 27, 2020. Greg Baker | AFP | Getty Images Chinese airlines are likely to recover faster than many of their peers as domestic travel within China has resumed at a quicker pace compared with other countries, according to several investors.
Philipp Schindler Johannes Eisele | AFP | Getty Images Behind closed doors, Google is engaged in a bitter standoff with the online travel industry. The issue is global but German travel companies have been particularly outspoken. Activity booking platform GetYourGuide, hotel finder Trivago, and Airbnb rival HomeToGo have been feuding with the search giant about
(CNN) — Cracks and sinkholes are appearing alongside the waterways of Amsterdam. Bicycles are tumbling into the swirling water as the canalsides vanish beneath their wheels. Quay walls are collapsing against houseboats. Bridges are in trouble. While the recent Covid-19 restrictions have relieved the Dutch capital from the more superficial blight of overtourism, it seems
Short traders are throwing cold water on hopes of a bump-free return to normalcy. Vacation, travel and consumer stocks are among the most shorted on Wall Street. Those names include American Airlines, Whirlpool, Royal Caribbean and United Airlines. Short traders, who make money when those shares drop, view these names as the most vulnerable to
Hertz does not have the biggest fleet of rental cars in America, but some would argue that if there can be such a thing as an iconic car rental company, Hertz might be it. The black and yellow colors have long been a familiar sight to countless travelers renting cars at airports. But now, the
Newport Beach, California, comes in at No. 2 in Hotwire’s 2020 list of “itty bitty city” destinations for quick nearby summer getaways. Westend61/Getty Images Summer is nearly over, and the Covid-19 pandemic shows no sign of abating. Many Americans, who put their vacation plans on hold, are thinking about when they might get away. Shorter
A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines is making a play for Florida this fall and winter, a bet that sun-seekers from northern states will become a bright spot for the carrier as it faces a bleak
From gate to seat, air travel is undergoing a touch-free transformation, yet the one place flyers are probably most loathe to touch — the airplane bathroom — has received little attention of late. That’s about to change, say companies that are producing “touchless tech” to transform bathrooms into hands-free zones. Which bathroom features are going touchless
Trading Nation: Here are some of the most shorted stocks With retail earnings on deck, traders break down what to watch Apple and Google remove Fortnite from their app stores—Three experts on the impact A seismic shift in innovation is underway: Growth investor Nidhi Chadda How the coronavirus fallout is sparking a permanent shift in
If Lyft and Uber eventually have to reclassify their drivers as employees, MKM Partners analyst Rohit Kulkarni says that Lyft has “more to lose” given its greater exposure to California. He adds that the ride-hailing firms face increased regulatory risks as other states may follow suit with similar rulings. 02:21 4 minutes ago
Noisy. Inconsistent. Volatile. Those were the adjectives used by CEOs of major travel operators this earnings season to describe the future of the pandemic-hit industry. Expedia and Booking Holdings both saw a roughly 90% drop in gross bookings in the second quarter, reflecting just how difficult the past three months have been for the travel
American Airlines passenger planes crowd a runway where they are parked due to flight reductions to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. Nick Oxford | Reuters American Airlines is preparing to scrap flights serving two-dozen medium and small cities as the expiration of federal