travel industry

The Latest

  • Boeing Reports 355 Cancelled 737 Max Orders
    Boeing 737 Max
    Boeing received a total of 350 canceled orders for its 737 Max planes from its airline and leasing company customers.
  • United Airlines To Resume US-China Commercial Flights Next Week
    United Airlines
    Beginning July 8, United Airlines will be offering two flights to and from China and San Francisco each week, with a stopover in Seoul
  • American Airlines To Raise $3.5 Billion Through Stock And Notes Sale
    American Airlines
    American Airlines will be selling senior secured notes worth $1.5 billion and its common shares as part of a strategy to bolster its liquidity amid the continued travel demand slump.
  • Hilton To Cut 2,100 Jobs Amid Continued Demand Slump
    Hilton Hotels
    Hilton announced that it will be letting go of around 2,100 of its corporate employees and extending the furlough period of already affected workers by an additional 90 days.
  • Beoing, Embraer Goes Head To Head Over Failed Deal
    Embraer Earnings
    Embraer president reveals that China, India, and Russia are potential partners for its commercial jet division.
  • US DOT Calls For Fair And Equal Opportunity Between China And US Airlines
    Wuhan Tianhe International Airport
    The Department of Transportation submitted an order to be approved by US President Donald Trump in banning passenger flights from China to the country.
  • Norwegian Air Shuttle Restructuring Plan Already Completed
    Norwegian Air Shuttle
    Norwegian Air Shuttle announced that Chinese state-owned BOC Aviation acquired substantial shares from the company as a financial aid.
  • Emirates Reportedly Cutting 30,000 Jobs To Reduce Cost
    Emirates Airlines
    Emirates is reportedly planning to slash its workforce and accelerate its planned A380 fleet retirement to reduce costs.
  • Delta Air Lines To Reduce Scale And Retire Entire Boeing 777 Fleet
    Delta Air Lines
    Delta estimates that it may have more than 7,000 too many pilots by fall once it retires its Boeing 777 fleet.
  • Airbnb To Axe 1,900 Employees Amid Collapsing Travel Market Ravaged By Pandemic
    AIRBNB
    Company struggling with plunging travel and will start cutting or abandoning new ventures
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