Tag: travel

JetBlue Airways shares jumped by 7% in premarket trading on Thursday after the U.S. airline narrowed its annual adjusted loss forecast. With a previous forecast of a per-share adjusted loss of 65 cents to 45 cents for 2023, the airline now expects a per-share...

China's Civil Aviation Administration has reported that the country is expecting domestic flights to rise 34% above pre-pandemic levels, providing Chinese airlines with a further boost amid the country's economic recovery. A summary of a Friday press conference on the website of CAAC News revealed...

The airline Virgin Australia has managed to turn a profit in fiscal 2023—its first in 11 years—the company confirmed on Tuesday. This comes as air travel continues to make a strong recovery following the COVID-19 pandemic. Virgin Australia reported a statutory net profit after tax...

Cruise operator Carnival Corp narrowed its annual loss forecast after managing to strike a profit during the third quarter of 2023. It's shares remained around 5% lower, however, amid concerns about rising fuel costs. The company's profit for Q3 stood at  $1.07 billion, or 79...

Marriott International forecasted on Wednesday that 3% to 6% growth in its annualized global revenue per available room for the two years ending 2025 as the hotel group expects the boom in international travel demand to continue. This comes after the company raised its annual profit...

Casino operator MGM Resorts International, along with several other hotels, has turned to package deals and experiences as a means of attracting the interest of travelers. This comes amid a post-pandemic global travel boom, during which tourists have drifted away from spending money on...