Luxury is an experience not a price point
Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia's GDP if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday.
Read MoreAirbnb issues disappointing revenue guidance for second quarter
Airbnb's results for the first quarter were mostly in line with estimates, but the company's forecast for the current period was weaker than expected.
Read MoreL3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays
L3Harris Technologies has been contracted to modify a used Qatari Boeing 747 as a possible replacement for Air Force One.
Read MoreNorwegian Cruise Line shares fall on potential softness
Norwegian Cruise Lines misses earnings expectations and braces for "choppiness" ahead
Read MoreJetBlue to partner with another U.S. airline in the coming weeks, president says
JetBlue plans to partner with a U.S. carrier in the coming weeks.
Read MoreUnited Airlines grows highest-end Polaris airport lounge by 50% in battle for wealthy customers
United has been expanding its Polaris lounges in Chicago and Newark to fit more customers.
Read MoreIndian airlines can't fly over Pakistan. Here's how that is affecting flights
Pakistan's airspace closure is forcing Indian airlines to alter routes to Europe, North America and the Middle East. But airfares may not increase as a result.
Read MorePlane tickets are getting cheaper as domestic travel demand weakens
Airlines are trimming their domestic schedules as leisure traveler demand comes in lighter than expected.
Read MoreInternational tourism to the U.S. slumps, but Americans can't stop traveling overseas
United Airlines and Delta Air Lines say international and premium travel is robust while domestic coach-class travel and some corporate travel has slowed.
Read MoreAlaska Airlines warns of slower demand as second-quarter profit outlook falls short
Alaska Airlines warned of weaker demand, pressuring airfares.
Read MorePrivate jet demand declines as tariffs spook would-be buyers
A new survey of jet brokers shows that even buyers with deep pockets are pulling back.
Read MoreAmerican Airlines withdraws 2025 forecast on murky economic outlook
American Airlines joined Delta, Southwest and Alaska in pulling its 2025 financial guidance.
Read MoreSouthwest to cut flights this year, pulls guidance, citing 'macroeconomic uncertainty'
Southwest Airlines said it plans to cut flights in the second half of 2025 and pulled its 2025 and 2026 guidance.
Read MoreMore travelers are using ‘buy now, pay later’ plans to pay for trips — especially Gen Zs
The BNPL model — which allows buyers to pay in installments, sometimes with no interest or late fees — is gaining traction among young, cash-strapped travelers.
Read MoreFewer Americans are planning summer vacations. Travel costs aren't the top reason
People who aren't planning to travel this summer say the cost of everyday life (68%) is a bigger issue than travel expenses (64%), according to a new survey.
Read MoreBoeing CEO says China has stopped taking its aircraft amid trade war
CEO Kelly Ortberg said that a few 737 Max planes that were in China set to be delivered to carriers there have been flown back to the U.S.
Read MoreBoeing to seek FAA approval this year to increase 737 Max production as losses narrow
Boeing's first quarter loss narrowed to $31 million in the first quarter and it burned less cash than analysts estimated.
Read MoreRTX, GE Aerospace expect more than $1 billion tariff impact
Aerospace suppliers are grappling with higher prices for parts from President Donald Trump's tariffs.
Read MoreSlowdown in tourists coming to the U.S. puts Disney's theme park magic at risk
The slump comes as Trump's tariffs are stoking fears of a global trade war and deterring foreigners from visiting the U.S.
Read MoreHow does an island with high prices and few beaches attract tourists? Singapore lays out a plan
Singapore plans to increase tourism revenue by more than 60% in 15 years by focusing on business travelers, live events and the stopover visitors.
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