Airlines
Spirit Airlines Cleared to Exit Chapter 11 Bankruptcy
A U.S. bankruptcy judge approved Spirit’s restructuring plan to emerge from bankruptcy as a private company, just a week after the ultra-low-cost carrier rejected Frontier’s proposal for a merger.
Meghna Maharishi | 4 hours ago
This year has thrown 12 long and often challenging months at the travel industry. To recap the year, Skift Research has pulled together 12 charts that explain how the travel industry was impacted by, and responded to, the Covid pandemic. Most of the charts in this overview are taken from our report Skift Research Global Travel Outlook 2022, with a sprinkling of additional insights we produced...
First Things It was a big week for hotel and short-term rental earnings, with a few record quarters from Marriott, Hyatt, Airbnb, Choice, and Wyndham. Overall, the outlook for 2023 is better now than the already positive forecasts from late last year. Which is a good segue into mentioning our London event in late March. Skift Future of Lodging Forum takes place on March 29 at the Londoner Hotel...
In just the first 10 months of this year, Indian arrivals to the U.S. have already exceeded the total for 2023, according to data from the U.S. International Trade Administration. Between January and October, almost 1.9 million Indians visited the U.S., a 27% increase from the same period last year. For all of 2023, there were 1.7 million Indian arrivals. In September alone, Indians were issued...
Announcements
Why You and Your Team Should Attend Skift India Forum
The 2nd Annual Skift India Forum on March 17-18 at The Leela Palaces in Delhi-NCR will explore India’s ever-evolving role in the global travel industry, bringing together leaders to discuss the booming domestic market, outbound traveler growth, and inbound tourism potential.
Nicole Meyer | 4 days ago
Skift Take While the airlines can be encouraged that flight bookings made in several parts of the world are nearing pre-pandemic marks, the low figure recorded in the Asia-Pacific region is a sign that China’s tight outbound restrictions are putting a major dent in the aviation’s recovery worldwide. Flight bookings are continuing to rapidly approach pre-pandemic levels with Europe and...
Japan issued a tsunami warning along with urgent evacuation orders after a powerful earthquake measuring 7.6 on the Richter scale shook the Ishikawa region on Monday. Here are the latest updates and impact on travel: Japanese domestic airlines have canceled flights to and from airports in the affected regions. All Nippon Airways reported the cancellation of 15 flights, while Japan Airlines...
Dozens of countries established digital nomad visas during the pandemic, with the special passes designed to help remote workers cross borders as smoothly as possible. Now one pan-European community wants to create a little more harmony, and has proposed a single visa for use across the European Union. Sounds like a great idea, but given the current state of geopolitical tensions, with...
The number of travelers combining business and leisure trips has increased in recent years in large part due to the rise in remote work, and the boom in blended travel is expected to continue. The market could potentially be worth $731.4 billion globally by 2032. So what are trends in blended travel? We posed the question to Ask Skift 2.0, our recently upgraded answer engine. Ask Skift now reads...
Southwest Airlines announced a radical shake-up of its decades-old business model on Thursday. The low-cost carrier is transforming its boarding policy and adding premium seating in an effort to stay relevant to changing consumer preferences. Bob Jordan, President and CEO of Southwest, described the project as “a transformational change that cuts across almost all aspects of the company.” The...