Latest Business travel News

EU eyes revamp of ID check-free zone to improve travel flow

Jun. 02, 2021 07:26 AM EDT

BRUSSELS (AP) — The European Union unveiled plans Wednesday to revamp Europe’s ID check-free travel area after national coronavirus restrictions placed new strains on tourism, travel and business throughout the bloc over the last year. The travel zone, known as the...

JetBlue sets date for start of flights between US and London

May. 19, 2021 08:38 AM EDT

JetBlue Airways said Wednesday it will start transatlantic service late this summer, competing against bigger rivals on the lucrative route between New York and London. The New York-based airline said it will start daily flights between JFK and Heathrow airports on Aug....

US aid lifts Southwest to Q1 profit, American loses $1.25B

Apr. 22, 2021 15:38 PM EDT

With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines executives say that the industry is on course to recover from a financial crisis caused by the pandemic. Southwest Chairman...

United Airlines stock plunges after another big loss

Apr. 20, 2021 16:48 PM EDT

Shares of United Airlines tumbled by 8.5% Tuesday after the airline reported a larger first-quarter loss than expected and suggested that key business and international travel won't recover significantly until next year. United reported a first-quarter loss of $1.36...

United loses $1.36 billion as business travel remains weak

Apr. 19, 2021 18:59 PM EDT

United Airlines posted a $1.36 billion loss in the first quarter and will need a rebound in lucrative business and international travel before it returns to profitability. The loss reported Monday would have been even wider without federal payroll aid, but it was still...

Frontier Airlines hopes IPO rides wave of travel recovery

Apr. 01, 2021 18:19 PM EDT

Frontier Airlines is betting that the budding recovery in leisure travel is for real. Shares of the discount carrier began public trading Thursday, edging lower in midday trading. The Denver-based airline and its private owners sought to raise $570 million before costs...

Beyond the pandemic: London tourism braces for slow recovery

Mar. 31, 2021 02:22 AM EDT

LONDON (AP) — The cobblestones are deserted at the Tower of London. A biting wind blows and there is no sign of life. Even the storied ravens are nowhere to be seen. England’s top paid attraction, which normally draws more than 3 million visitors a year, has been...

Asia stocks follow Wall Street down on renewed virus worries

Mar. 23, 2021 23:47 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday after European governments extended anti-coronavirus lockdowns, clouding the outlook for economic recovery. Market benchmarks in Shanghai, Tokyo and Hong Kong retreated. ...