Laurie Baratti | TravelPulse (TNS) A new data analysis indicates bright skies ahead when it comes to the anticipated cost of air travel for 2024. Amid the postpandemic “revenge travel” rush of 2022 and early 2023, airfare prices soared, boosted by the rising cost of jet fuel and overall economic inflation. According to a fresh … Read more
Rich Thomaselli | (TNS) TravelPulse Perhaps spurred by the potential for a congressional investigation, the Department of Transportation will take a deeper dive into airline frequent flyer programs. Specifically, the DOT is looking for any unfair or deceptive practices with the loyalty cards. The government agency is also looking at the devaluation of the cards … Read more
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink … Read more
Air Canada notched the worst on-time performance among 10 large airlines in North America in 2023, according to a new report. The country’s biggest carrier landed 63 per cent of its flights on time last year, placing it last among the continent’s 10 largest airlines, according to Cirium, an aviation analytics firm. That means roughly 140,000 planes … Read more
Nothing about flying is as exasperating as getting your flight delayed, cancelled or disrupted. Arriving at or departing from a destination on time is one of the most important considerations a traveler takes before deciding whether to book a subsequent flight from the same airline. Latest results from travel data analytics firm Cirium revealed that … Read more
By JT Genter | NerdWallet Although U.S. airlines this year hadn’t experienced the kinds of mass cancellations and operational breakdowns that plagued the industry in 2022, carriers continued to struggle. Part of that is due to a record number of people flying. According to data from the Transportation Security Administration, 2023 has seen some of … Read more
A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power. Shipping giant FedEx last week said customers have shied away from speedier, pricier shipping options. … Read more
Two Inuit leaders in Labrador are calling on the Newfoundland and Labrador government to chip in for flights to their fly-in communities as the province becomes the latest to support leisure travel to and from international destinations. Johannes Lampe, president of the Inuit Nunatsiavut government, and Barry Andersen, the AngajukKak — or mayor — of Makkovik, N.L., … Read more
Mexico launched its army-run airline on Tuesday, when the first relaunched Mexicana flight took off from Mexico City for the Caribbean resort of Tulum. It was another sign of the outsized role that President Andrés Manuel López Obrador has given to Mexico’s armed forces. The airline’s military-run holding company now also operates about a dozen … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Steve Hafner, Kayak co-founder and CEO, joins ‘Squawk Box’ to discuss the state of travel, pricing trends, best travel tips, and more. 05:50 Fri, Dec 22 20238:14 AM EST Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator … Read more
