Yahoo Finance Boeing Has Angered Airline CEOs. Higher Airfares Mean Passengers May Be Next.
Travelers are already facing higher airline baggage fees this summer but airline capacity cuts may mean elevated fares as well.
Travelers are already facing higher airline baggage fees this summer but airline capacity cuts may mean elevated fares as well.
MONTREAL — Tens of thousands of visitors flock to Quebec's Îles-de-la-Madeleine every summer to behold its cliff-framed seascapes and sandy beaches. But starting next month, those island sojourns will come with an added cost. The small archipelago northeast of Prince Edward Island is introducing a $30 visitor fee to raise funds for tourist infrastructure, environmental protection and waste management. Called the Passe Archipel, the new fee will be mandatory for domestic and international travell
NEW YORK (AP) — An emergency slide fell off a Delta Air Lines jetliner shortly after takeoff Friday from New York, and pilots who felt a vibration in the plane circled back to land safely at JFK Airport. Delta said that after takeoff the pilots got an alert about the emergency slide on the plane's right side and heard an unusual sound coming from that area of the Boeing 767 jet, which is listed as having been manufactured in 1990. The Federal Aviation Administration said the crew reported a vibr
These cities have elevated public transportation to an art form—and worthy tourist attraction. Hong Kong’s public transit system offers such extensive, affordable, and accessible service that the majority of residents do not own cars. Hong Kong’s Mass Transit Railway has an unbelievable on-time rate of 99.9%, with 97 of its 98 stations accessible from the street level.
In this article, we shall discuss the 20 countries that have the potential to be major tourist destinations. To skip our detailed analysis of the global tourism industry in 2024, go directly and see 10 Countries That Have The Potential To Be Major Tourist Destinations. Global Tourism Industry Outlook: Key Trends According to World Tourism […]
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
With interest in electric vehicles seemingly lagging, is Honda’s $15-billion plan to build four electric vehicle plants in Ontario a good investment? CBC’s Erica Johnson asks industry experts David Booth and Daniel Breton to break down the risk versus reward.
Enormous investments in EV technology shook the automotive industry in both Canada and the U.S. this week. Honda promised to spend $15 billion in Ontario on Thursday morning. Toyota unveiled new investments in Indiana that afternoon, bringing its total spending on EVs in that state to $8 billion US. "In Canada, our target is that 100 per cent of all light duty cars and passenger truck sales be zero emission by 2035," said Prime Minister Justin Trudeau at the Honda announcement in Alliston, Ont.
Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to raise more revenue. Airline officials say they are studying possible changes but won't have anything to announce until September. CEO Robert Jordan says he is proud of Southwest's “product,” but it was developed when flights weren't as full as they are today, and customers' preferences change over time, prompting the “deep dive” into “transformational options” in boarding and seating.
(Bloomberg) -- If you want to understand why the two largest US oil companies are together spending in excess of $100 billion on acquisitions right now, look no further than the amount of crude they’re extracting from the two hottest oil fields on the planet.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe Long, Slow Death of Urban N
U.S. car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles. Manufacturing will cease at company's Colmotores plant in Colombia from Friday, it said, while operations will halt at its factory in Ecuador at the end of August. In Colombia, the company is seeking permission from the labor ministry to lay off 850 workers, a spokesperson said.
This article looks at the 15 cheapest European countries to visit in 2024. If you wish to skip our detailed analysis of Tourism in Europe and ways to budget your vacation, you may skip ahead to 5 Cheapest European Countries to Visit in 2024. Tourism in Europe Europe is by far the most popular tourist […]
The 56-year-old Boeing 727 that once flew for Japan Airlines is now an Airbnb that can host at least four people, complete with a bedroom and kitchen.
The Federal Aviation Administration said it's investigating the incident that took place on a flight from JFK Airport to LAX.
A spokesperson for Namibia's Ministry of Environment, Forestry and Tourism said they might consider blacklisting the tourists.
(Bloomberg) -- BHP Group Ltd.’s $39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international mergers.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldThe Long, Slow Death of Urban NightlifeFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchBillionaire Stephen Ross Believes
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022. (AP Video: Thomas Peipert)
The Biden administration is defining a significant delay as lasting at least three hours for domestic flights and six hours for international ones.
A change in approach Friday from the provincial government in its fight against the toxic drug crisis. David Eby's government effectively recriminalized the use of drugs in public places, after months of public backlash. Eby says his government is working with Ottawa on exemptions that would ban the use of illicit drugs in places like parks, on transit and in hospitals. Richard Zussman and Keith Baldrey have more on the changes to decriminalization in B.C.
Grupo Mexico expects its Southern Copper mining arm to produce over 1 million metric tons of copper by 2027, the division's finance chief said on Friday, pointing to better-than-expected production from its portfolio of projects. The company also edged up its forecasts for this year, predicting output of 949,000 tons, said Leonardo Contreras, the unit's chief financial officer, in an earnings call. Earlier this year, Grupo Mexico predicted output of 935,900 tons of copper for 2024, up from the 911,014 tons produced last year.
The chief executive of Brazil's Embraer said on Friday that supply chain issues impacting planemakers have been improving but some challenges remain. Francisco Gomes Neto told reporters at an event in Sao Jose dos Campos, where the company is based at, that Embraer is in a "very good place" right now after overcoming some difficult years. Embraer intends to invest some 2 billion reais ($390.9 million) in the country this year and hire over 900 people, Neto said at Friday's event alongside Brazilian President Luiz Inacio Lula da Silva.