American Airlines posts profit thanks to federal aid, revenue improves

American Airlines on Thursday reported a $169 million profit for the third quarter thanks to more than $990 million in federal payroll support. Revenue for the quarter totaled $8.97 billion down about 25% from the same period of 2019 but up from the $3.17 billion American brought in a year ago. That was ahead of …

Southwest Airlines’ October flight cancellations cost carrier $75 million

Passengers check in for a Southwest Airlines flight at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Southwest Airlines on Thursday said mass flight cancellations and delays that disrupted travel for tens of thousands of customers earlier this month cost it $75 million. Dallas-based Southwest earlier this month canceled …

The cheapest way to ‘own’ a superyacht? Buy an apartment on one

Travelers who fantasize about owning a superyacht may be able to turn their dreams into reality — at a much lower price. Residential yachts, as they are called, are essentially apartment buildings at sea. Buyers purchase apartments on massive yachts, rather than own and operate their own smaller vessels. Once most of the apartments are …

Malaysia could reopen to international tourists in November, says tourism minister

Malaysia aims to reopen to international tourists in November, and travelers from neighboring Singapore could be among the first to be allowed into the country, the Malaysian tourism minister told CNBC. The minister, Nancy Shukri, said she’s meeting officials from Singapore next week to discuss resuming cross-border travel between the two countries. She added Malaysia …

United Airlines CEO says to expect higher fares as jet fuel prices rise

Jet fuel prices are rising to levels not seen since before the Covid pandemic and it’s set to drive up airfares, United Airlines CEO Scott Kirby said Wednesday. “Higher jet-fuel prices lead to higher ticket prices,” Kirby told CNBC’s “Squawk on the Street.” “Ultimately, we’ll pass that through.” United forecast average fuel costs of $2.39 …

United Airlines posts higher-than-expected revenue after travel demand rebounded

A United Airlines plane prepares to take off at the Benito Juarez International airport in Mexico City, on March 20, 2020. Pedro Pardo | AFP | Getty Images United Airlines on Tuesday reported higher-than-expected revenue as travel rebounded late in the third quarter but the airline didn’t give a timeline for when it would return …

Southwest drops plan to put unvaccinated staff on unpaid leave starting in December

Travelers wait to check in at the Southwest Airlines ticketing counter at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch | Getty Images Southwest Airlines has scrapped a plan to put unvaccinated employees who have applied for but haven’t received a religious or medical exemption on unpaid leave …

These travelers moved to Europe despite knowing no one — here’s how they make a living

Many people dream of starting a new life in a new country. But problems, such as earning money, finding a place to live and meeting people, hold them back. Here are two women travelers who didn’t let these details stop them from moving to Europe — and how they feel about their decisions today. From …

The UK has one of the highest Covid infection rates in the world right now: Here’s why

Two fans of Manchester City soccer club stand out for wearing face masks during the Premier League match between Manchester City and Burnley on October 16, 2021. Robbie Jay Barratt – AMA | Getty Images Sport | Getty Images LONDON — When the Covid-19 pandemic swept the globe in 2020, the U.K. was hit hard, …

Coldplay’s world tour to use sustainable tech, but Chris Martin says ‘backlash’ for flying is right

Chris Martin of Coldplay performs at the O2 Shepherd’s Bush Empire on October 12, 2021 in London, England. Simone Joyner | Getty Images Entertainment | Getty Images British rock band Coldplay has announced dates for a world tour in 2022, with the band planning to integrate a range of sustainable features into its concerts to …