A decade ago, a person who walked into a restaurant in Seoul and asked for “han myung-I” —a table for one — could be declined service. That’s because restaurants in South Korea prefer groups of two or more, owing to a complex mix of local social dynamics, profit margins and simple logistics — a
Travel
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT 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 Southwest Airlines lost $159 million in the first quarter as the
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United Airlines Seatbacks Courtesy: United Airlines United Airlines‘ plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes,
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on Dec. 10, 2021. Joe Raedle | Getty Images American Airlines posted a $10 million profit in the first quarter as it ramped up flying and a jump in revenue
In this article LUV BA Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines is reducing its hiring targets for this year because of delays in new aircraft from Boeing, the carrier’s CEO Bob Jordan said Thursday. The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue plane at LaGuardia Airport. Leslie Josephs/CNBC JetBlue Airways posted a loss for the first three months of the year but joined other carriers in forecasting a profit for the second quarter thanks to strong travel demand. JetBlue estimated per-share earnings of 35 cents
EU officials described the agreement as a “turning point” and “another important step” for European aviation, saying the measures were designed to reduce reliance on fossil fuel imports and improve energy security. Picture Alliance | Picture Alliance | Getty Images European Union negotiators secured a deal to decarbonize the air travel sector, seeking to slash
Britain is gearing up for days of pomp and pageantry in early May as its new monarch is crowned in a coronation ceremony not seen in the country for 70 years. Millions of people are expected to travel to and around the United Kingdom to witness the coronation of King Charles III and Queen Camilla
In this article GE RTX BA Follow your favorite stocksCREATE FREE ACCOUNT Technicians assemble a General Electric Co. CFM56-7B jet engine at the company’s Aviation Assembly & Test facility in Research Triangle Park in Durham, North Carolina. Jim R. Rounds | Bloomberg | Getty Images A recovery in air travel is lifting sales and repairs
The days of high-flying, big-spending business travel may be over for good. As a new report by research company Morning Consult declared: Business travel will never return to normal. Tighter corporate budgets and new ways of virtual working have permanently changed business travel, according to the report, titled “Business, but Not as Usual.” The report
In this article TCOM 9961-HK EXPE BKNG Follow your favorite stocksCREATE FREE ACCOUNT Busakorn Pongparnit | Moment | Getty Images The ability of ChatGPT to seize upon a specific, verifiable application in a focused business sector could go a long way to underscoring it as a monetizable asset. Current use cases for generative artificial intelligence
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines is planning to grow its service to Australia and New Zealand later this year, the carrier’s latest bet that travelers will continue to book international
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland. Alex Wong | Getty Images Southwest Airlines briefly paused its departures on Tuesday after reporting technical problems, delaying flights around the country. The Federal Aviation Administration
So much for cheap tickets selling out first. The priciest tickets to attend Singapore’s Formula One race this year are gone, despite being priced at an all-time high of 11,016 Singapore dollars ($8,260) for a three-day pass. Tickets for the “Paddock Club” entitle ticketholders to air-conditioned suites, unlimited Champagne, food and live performances, plus “exclusive
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A view of a United Airlines plane at Barcelona Airport in Barcelona, Spain, on February 27, 2023. Joan Valls | Nurphoto | Getty Images United Airlines reported a loss for the first three months of the year but forecast a profit for the second quarter,
Japan wants travelers to go beyond the country’s iconic tourist sites — and consider spending their yen in lesser-known locations. The government-backed Japan Tourism Agency selected 11 destinations as part of a “model tourism” project to get “high-value-added” inbound travelers to visit different parts of the country, according to a press release. The 11 destinations
In this article SPR BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Boeing‘s CEO Dave Calhoun said that a flaw detected in some of its 737 Max
D3sign | Moment | Getty Images Some aspects of travel are pricier than ever amid pent-up demand. “The big cities and the popular [international] destinations — Paris, Rome, Madrid, Lisbon, Milan — those are off the charts,” Sofia Markovich, a travel advisor and founder of Sofia’s Travel, said of trip cost. “I look at this
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