Israel-Hamas war is affecting financial outlooks of these companies

The ‘Rhapsody of the Seas’ cruise liner carrying US citizens leaves the Israeli port of Haifa to be evacuated to the Mediterranean island of Cyprus on October 16, 2023, amid the ongoing battles between Israel and the Palestinian Islamist group Hamas.  Aris Messinis | AFP | Getty Images Some of the world’s most well-known companies … Read more

Airport lounges are booming, and everyone wants in

Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. The problem: plenty of other travelers are, too. Armed with high-end rewards credit cards and fresh from years of big spending, more and more travelers are … Read more

Major airlines suspend Israel flights after attacks

Passengers look at a departure board at Ben Gurion Airport near Tel Aviv, Israel, on October 7, 2023, as flights are canceled because of the Hamas surprise attacks.  Gil Cohen-magen | AFP | Getty Images Several airlines suspended service to Israel this weekend after surprise attacks by Hamas and Israeli retaliation left hundreds dead. United … Read more

United Airlines pilots approve contract with up to 40% raises

Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona Airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines pilots approved a new contract with compensation increases of as much as 40.2% over the four-year contract, making the carrier the last of the three largest U.S. airlines to seal … Read more

Delta CEO says carrier went ‘too far’ in SkyMiles changes, promises modifications after frequent flyer backlash

Delta Air Lines Boeing 717-200 airplane as seen on the final approach landing at New York JFK John F. Kennedy International Airport, NYC, USA. NurPhoto / Contributor Delta Air Lines CEO Ed Bastian said the airline will make “modifications” in the next few weeks to its loyalty program after a recently announced overhaul that would … Read more

Extra corporations warn larger prices will eat into income

An American Airways 787 is loaded with cargo at Philadelphia Worldwide Airport. Leslie Josephs/CNBC Extra corporations are warning {that a} surge in the price of gasoline and worker pay hikes will eat into income this quarter. Firms from aerospace producers to bundle supply big UPS are digesting large new labor offers. In the meantime, unions … Read more

Airways supply extra U.S.-Europe service — however do not count on bargains

A traveller walks within the Terminal 2 corridors of the Roissy-Charles de Gaulle airport with Air France airplanes within the background, within the northeastern outskirts of Paris, on September 16, 2022, amid a strike of air site visitors controllers. Julien De Rosa | AFP | Getty Photographs Flights to Europe can be plentiful this summer … Read more