A Cessna Citation jet aircraft is viewed at Charles M. Schulz Sonoma County Airport in this aerial photo taken on June 1, 2021, near Healdsburg, California. George Rose | Getty Images With consumer confidence tumbling, demand for commercial air travel has waned. Even deep-pocketed travelers are pulling back, according to Barclays’ latest survey of business […]
Private jet demand declines as tariffs spook would-be buyers Read More »
American Airlines withdrew its 2025 financial guidance on Thursday, joining other carriers that are grappling with an uncertain outlook on the U.S. economy and weaker-than-expected leisure travel bookings this year. “We came off a strong fourth quarter, saw decent business in January and really domestic leisure travel fell off considerably as we went into the
American Airlines withdraws 2025 forecast on murky economic outlook Read More »
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on January 6, 2024 in Seattle, Washington. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected
Alaska Airlines warns of slower demand as second-quarter profit outlook falls short Read More »
LAS VEGAS, NEVADA – MARCH 15: A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis on March 15, 2025 in Las Vegas, Nevada. (Photo by Kevin Carter/Getty Images) Kevin Carter | Getty Images News | Getty Images Southwest Airlines said Wednesday that it will reduce its capacity in
Southwest to cut flights this year, pulls guidance, citing ‘macroeconomic uncertainty’ Read More »
Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted last week at a reprieve from 25% auto tariffs, he suggested it would be to allow automakers more
Trump wants automakers to move vehicle production to the U.S. It’s not that simple Read More »
Tourists look at the Bridge of Sighs in Venice, Italy, on Aug. 25, 2021. Andrea Merola | Bloomberg | Getty Images Caroline Smith, an accounting director from Verona, New Jersey, and her husband took their two children to Italy for Easter break this month. On the Spanish Steps in Rome, they ran into another family
International tourism to the U.S. slumps, but Americans can’t stop traveling overseas Read More »
US President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla shares popped 6% after CEO
Ford is launching a program that aims to give its “Platinum Plus” pickup truck customers a more curated, exclusive experience. Michael Wayland / CNBC DEARBORN, Mich. — Ford Motor is launching a program that aims to give its most premium pickup truck customers a more curated, exclusive experience. The Detroit automaker’s new ownership experience is
Ford launches exclusive experience program for its priciest pickups Read More »
Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey. Brendan Smialowski | Afp | Getty Images Elon Musk tried to rally Tesla bulls Tuesday, brushing
China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods. Bloomberg | Bloomberg | Getty Images Boeing could hand over some of its aircraft that were destined
Boeing CEO says China has stopped taking its aircraft amid trade war Read More »
