JetBlue Raises Third-Quarter Outlook, Sees Bump in Summer Bookings
It looks like JetBlue’s new strategy that emphasizes cutting unprofitable routes and bolstering leisure capacity in the East Coast is continuing to pay off.
Travel Industry Earnings Coverage
Don’t miss out on Skift’s in-depth coverage of earnings reported by public travel companies, including online travel agencies, hotel brands, airlines, and technology companies. Our earnings stories cut through the numbers to explain what’s really happening at companies and within the industry as a whole.
Travel Agency Giant Flight Centre Notches Record Revenue
For Flight Centre, key risks to continued growth include the pace of business travel recovery and the execution of productivity initiatives. If airfares drop in price, it will be crucial to shift to a higher-margin product mix.
Trip.com on How China’s Older Travelers Are Shaking Up the Travel Scene
As more seniors chase unique, quality experiences, you can bet other travel companies will want a piece of the action too.
Viking Cruise CEO: ‘We Don’t See Any Sign of Weakness’
While other travel brands say they see signs of a slowdown, Viking executives see a boom and no signs travelers want to cutback on cruises.
Inside One of the Most Profitable U.S. Airlines You Haven’t Heard of
As ultra-low-cost carriers like Spirit and Frontier falter, Sun Country has been able to routinely stand out as one of the most profitable airlines in the U.S.
Another Kerala-Based Airline Set to Take Off — India Report
The Indian aviation industry is rapidly growing, but continues to be underserved, be it in terms of airports or airlines. This creates a significant opportunity for new players to enter the market and fill the gap.
Despegar Sells Destination Unit to Iberostar Group, 600 Employees Transfer
If this deals truly helps Despegar better focus on its core services — selling travel — then it would seem to make sense. In the process, Despegar gets leaner.
Ixigo-Backed Bus Startup Raises $10.5 Million – India Report
Buses are key to last mile travel in India, connecting people from smaller Indian towns to international and domestic destinations. The funding reflects a positive outlook of investors towards the bus industry as more online players enter the segment.
Capital One to the Rescue? Inspirato Looks for Boost Through Its Strategic Partner
The new CEO will have to figure out exactly what Inspirato will be. Is it the "luxury hospitality company" of 2019, the "innovative luxury travel club" of 2024, or something else.
Las Vegas Sphere Sees Revenue Rise as it Hopes to Go Global
In recent months, the Las Vegas Sphere has been selling over $1 million a day in tickets, on average. But is that enough to recoup its $2.3 billion cost?