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SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push

Andrew Bacevich -
TravelPerk CEO and co-founder Avi Meir.TravelPerkTravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round...
Travel

JetBlue offers some pilots early retirement packages, union says

Andrew Bacevich -
A passenger arrives at Ronald Reagan Washington National Airport on November 21, 2023 in Arlington, Virginia.Alex Wong | Getty ImagesJetBlue Airways is offering...
Travel

Airlines flex pricing power, signaling higher fares in 2025

Andrew Bacevich -
Travelers walk through O'Hare International Airport in Chicago on Dec. 20, 2024.Kamil Krzaczynski | AFP | Getty ImagesHigher airfare is in store this...
Travel

Boeing expects $4 billion loss for fourth quarter after chaotic 2024

Andrew Bacevich -
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing...
Travel

American Airlines shares tumble as outlook falls short

Andrew Bacevich -
American Airlines' first-quarter earnings outlook on Thursday fell short of analysts' estimates, sending its shares down nearly 9%.The carrier forecast an adjusted loss...
Travel

He bought an abandoned tin mine in Phuket in 1984. Now, his hotel chain is worth over $200 million

Andrew Bacevich -
Ho Kwon Ping is the co-founder and executive chairman of Banyan Group.Bloomberg | Bloomberg | Getty ImagesGrowing up, Ho Kwon Ping didn't think...
Travel

United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

Andrew Bacevich -
A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One...
Travel

‘The Sound of Music’ turns 60 this year. Salzburg has plenty in store for fans

Andrew Bacevich -
In Salzburg, Austria last spring, I skipped around the fountain outside Mirabell Palace.Others did too.Some 60 years earlier, Maria and the von Trapp...
Travel

What to expect from travel prices in 2025 — and which destinations have the best vacation bargains

Andrew Bacevich -
Osaka, Japan.Jiale Tan | Moment | Getty ImagesThe new year has many travelers thinking ahead to 2025 vacation plans — and how much...
Travel

Dozens of flights diverted, delayed after FAA warned of SpaceX rocket debris

Andrew Bacevich -
View of Space X's Starship on the launch pad for its seventh test flight, in Boca Chica, Texas, U.S.Maxar Technologies | Via ReutersSeveral...
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