A pilot walks by United Airlines planes as they sit parked at gates at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images United Airlines on Thursday warned it may need to furlough more pilots than previously expected as a significant rebound in travel demand remains distant. The
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Many travelers are familiar with UNESCO’s World Heritage List, which include both cultural and natural sites deemed to “be of outstanding universal value” by the U.N. agency. Less is known about the organization’s List of World Heritage in Danger. This list designates 53 World Heritage sites under threat of “serious and specific dangers” due to
Inside the Gate Gourmet 110,000 square-feet facility near Dulles Int. Airport. Astrid Riecken | The Washington Post | Getty Images Three House Democrats on Wednesday slammed airline contractors that laid off more than 9,000 employees despite accepting millions in federal coronavirus aid. The lawmakers asked Treasury Secretary Steven Mnuchin to stop aid to the companies
Dave Calhoun, Chairman of Boeing. Adam Jeffery | CNBC Boeing CEO Dave Calhoun on Wednesday said he was “hopeful” that demand for new aircraft, devastated by the coronavirus pandemic, would start rebounding in the second half of next year. Cancellations of Boeing planes are outpacing new orders this year as airlines reel from the impact of
A year before he became President Donald Trump’s chief of staff, Mark Meadows took nearly $40,000 worth of trips that were paid for by nonprofit groups and conservative advocacy organizations. Meadows, who was previously the chairman of the fiscally conservative House Freedom Caucus, and his wife, Debra, took expense-paid business trips last year to the
A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways on Tuesday said it swung to a loss in the second quarter and forecast that revenue will fall by about 80% in the third quarter as the coronavirus pandemic promises a choppy recovery
In the years that followed the financial crisis, sales of RVs began booming. Once considered a pretty dowdy way to travel, RVs have benefited from slick industry ad campaigns, low gas prices, and a renewed interest among Americans of all ages. Data indicate first-time buyers are pouring into RV dealerships, looking for their own happy
During the economic recovery that followed the financial crisis of 2008, sales of recreational vehicles like motor homes boomed for several years. The coronavirus pandemic appears to be sparking another boom in the industry as travelers concerned about the risks of flying are packing their families into RVs and seeking out campgrounds around the country.
An employee drills holes for rivets in a frame inside a Boeing 737 fuselage during assembly at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Key Boeing supplier Spirit Aerosystems told lenders this week that the aircraft manufacturer expects sharply lower deliveries of 737 Max planes in the coming years than previously
Melonie Johnson had her work cut out for her. She only started her job as president and chief operating officer of the Borgata in Atlantic City on May 29 amid the raging coronavirus pandemic that forced casino closures across the nation. Just days earlier, the nation had been horror-struck by the police killing of unarmed
The Metropolitan Transit Authority has faced grave financial impact due to the Covid-19 pandemic, estimating $5.1 billion in lost fare and toll revenues for 2020. It projects ridership will return to pre-pandemic levels by the middle of 2024. MTA Chairman Patrick Foye joins “Squawk on the Street” to discuss. 08:51 a few seconds ago
Twitter signage at the New York Stock Exchange. Scott Eells | Bloomberg | Getty Images Here are the companies making headlines in midday trading. Whirlpool – Shares jumped more than 10% after the company’s second quarter results blew past Street estimates. The appliance maker earned $2.15 per share on an adjusted basis, which was more
A Southwest Airlines Boeing 737-700 (LN2318) on final-approach after a pre-delivery test flight at dusk. aviation-images.com | Universal Images Group via Getty Images The Federal Aviation Administration on Friday instructed airlines to inspect some stored Boeing 737 planes for corrosion that could lead to engine shutdowns as hundreds of aircraft remain idled because of a drop
When you arrive at Potato Head Beach Club’s security checkpoint in Bali, Indonesia, guests are screened for the usual contraband such as weapons or explosives and one other thing: plastic bottles. Single-use plastic is banned from the resort, which means, guests often turn in their water bottles. It’s all part of the experience, though, which is
A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images American Airlines and Southwest Airlines on Thursday posted quarterly losses and their CEOs warned about slipping demand as coronavirus cases rise in many
Passengers who refuse to wear masks based on medical exemptions will no longer be able to fly on American Airlines and Southwest Airlines. On Wednesday, both air carriers announced anyone over the age of two must wear a mask while flying. Masks can only be removed to eat or drink, and Southwest’s new policy states
A QANTAS Boeing 747 flies extremely low past buildings and industrial sites on its final approach to the city’s airport, in Sydney. PomInOz | iStock Editorial / Getty Images Plus | Getty Images Australia said goodbye to an era of aviation Wednesday as it sent its final Boeing 747, fondly dubbed the “Queen of the
United Airlines CEO Scott Kirby on Wednesday said he expects airfares to slip as the pandemic continues to depress demand for flights. “My guess is that pricing is going to go lower for the short-term,” Kirby told CNBC’s “Squawk Box.” All of the normal pricing metrics … in this pandemic are a little bit irrelevant.” The