Frontier, JetBlue battle over Spirit Airlines goes down to the wire with competing bids

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated airline battle in recent years comes to a head on Thursday when Spirit Airlines’ shareholders vote on a proposed tie-up with fellow discount carrier … Read more

Airport chaos: European travel runs into pandemic cutbacks

LONDON (AP) – The airport lines are long, and lost luggage is piling up. It’s going to be a chaotic summer for travelers in Europe. Liz Morgan arrived at Amsterdam’s Schiphol Airport 4 1/2 hours before her flight to Athens, finding the line for security snaking out of the terminal and into a big tent … Read more

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more

Inflation and recession fears are squeezing some industries more than others

A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images People still appear willing to shell out to travel, go to the movies and have a drink … Read more

FAA, airlines scramble to reduce summer travel delays

WARRENTON, Va. – During a morning meeting in early May, staff at the federal air traffic command center rattle off a few of the day’s obstacles: storms near the Florida coast and in Texas, a military aircraft exercise, and a report of a bird strike at Newark Liberty International Airport. The center, about an hour’s … Read more

Rwanda deportation: European Court of Human Rights stops first flight

London CNN – The inaugural flight of a controversial UK government scheme to send asylum-seekers to Rwanda was stopped on Tuesday at the eleventh hour, after an intervention by the European Court of Human Rights (ECHR). According to the UK’s PA Media news agency, “all migrants have been removed from the plane and the flight … Read more

US lifts COVID-19 test requirement for international travel

WASHINGTON (AP)-The Biden administration is lifting its requirement that international travelers test negative for COVID-19 within a day before boarding a flight to the United States, ending one of the last remaining government mandates designed to contain the spread of the coronavirus. A senior administration official said Friday that the mandate will expire early Sunday … Read more

US job market divide boosts some workers’ prospects, puts others on notice

A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the US labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more … Read more

US job market divide boosts some workers’ prospects, puts others on notice

A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the US labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more … Read more

Prepare for sticker shock if you are traveling this summer

DALLAS (AP)-Airlines and tourist destinations are expecting monster crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting COVID-19 during travel. Many forecasters believe the number of travelers will match or even exceed levels in the good-old, pre-pandemic days. However, airlines have thousands fewer employees than they did in 2019, … Read more