Travel

Skift Take There’s a lot of money pouring into next-generation flight technology with promises of huge revenues in the future. Justin Dawes There’s a lot of money pouring into next-generation flight technology. This week, there was an investment into renewable jet fuel and a propulsion system for flying taxis. Four travel tech startups have announced
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Skift Take Experts compare the current AI-based tech revolution to the birth of the internet. With that level of magnitude comes plenty of issues. Justin Dawes Executives at companies like Airbnb and Booking Holdings have been talking for over a year about plans to implement the latest advances in artificial intelligence. The CEO of Airbnb,
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Skift Take After a string of quality lapses and production snarls, Boeing and Spirit AeroSystems are considering a possible reunion that they believe would “strengthen aviation safety” and “improve quality.” Meghna Maharishi Boeing confirmed Friday that it is in talks to potentially buy Spirit AeroSystems, the troubled aircraft supplier.  “We believe that the reintegration of
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Skift Take China’s ambitions for COMAC to rival Airbus and Boeing will probably take decades to achieve. One of the largest aircraft lessors in the world said it currently wouldn’t buy a COMAC commercial aircraft. Meghna Maharishi The executive chairman of Air Lease, one of the largest aircraft lessors in the world, said the company
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Skift Take It’s all flights on board as AirAsia Move aims to carve out its own niche in the OTA space. The superapp doesn’t want to be seen playing favorites with its parent airline. Peden Doma Bhutia AirAsia Move is serious about an IPO – but first the timing and the business mix needs to
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Skift Take This is an example of why startup advisors say founders should avoid taking too much funding too quickly. Justin Dawes Culture Trip, the travel media company that raised roughly $155 million, sold its website and group tour business to the U.S. News & World Report. Culture Trip has gone through several business initiatives.
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Skift Take Several factors are driving the demand for hospitality industry in India, especially domestic tourism. ICRA expects this robust demand to lead to strong growth in FY2025. Bulbul Dhawan The pan-India premium hotel occupancy is estimated to reach decade highs of 70-72% in the coming fiscal year (2025), according to credit rating agency ICRA.
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Skift Take Airlines are raising baggage fees to offset rising costs and cooling airfare inflation. But these price hikes may also be part of a strategy to incentivize more passengers to sign up for their frequent flyer programs and co-branded credit cards. Meghna Maharishi Checking in a bag is becoming an increasingly expensive endeavor.  At
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Skift Take The long-awaited expert report found that the U.S. plane maker’s safety culture has numerous issues. Meghna Maharishi Boeing’s efforts to improve its safety culture have been insufficient, a Federal Aviation Administration expert panel reported Monday. The group found that there has been a “disconnect” between Boeing’s senior management and employees involved in the
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Skift Take China’s state-owned plane maker is presenting the COMAC C919 on the international stage with high hopes of stealing market share from Airbus and Boeing. Ajay Awtaney, Skift Visitors to last week’s Singapore Airshow witnessed a landmark moment: the international debut of China’s C919 passenger jet. Beijing is betting big that the new plane
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