United Airlines plans to continue raising prices and cutting capacity for the rest of the year in response to higher jet fuel prices. Jet fuel prices have more than doubled, United CEO Scott Kirby said during a Wednesday (April 22) earnings call. The airline’s fuel expense was $340 million...
JetBlue is facing scrutiny over whether it uses surveillance pricing. Two members of Congress said in a Tuesday (April 21) press release that they sent the airline a letter Monday (April 20) requesting information about whether it uses customer data and artificial intelligence to set...
After years of focusing on short-term home/apartment rentals, Airbnb is reportedly entering the hotel business. The company is adding independent hotels to its platform in a bid to spark growth, the Financial Times (FT) reported Saturday (April 18). According to the report, Airbnb has begun...
Delta Air Lines has become the latest air carrier imposing fuel-cost-related price increases. The Atlanta-based airline will increase charges for checked bags by $10 to $50 each, according to a statement Tuesday (April 7) cited by multiple news outlets. Delta pointed to “evolving global conditions...
Tesla’s months of promoting more affordable vehicles have reportedly not yielded more sales. As TechCrunch noted in a report Thursday (April 2), Elon Musk’s electric vehicle (EV) company last year debuted scaled-back versions of its Model Y and Model 3 starting at $39,990 and $36,990 respectively. However,...
Lyft has announced a 60-day program designed to provide relief to Lyft drivers who are facing rising gas prices. The program will include an additional 2% cash back for Elite tier drivers and an additional 1% cash back for Gold and Platinum tier drivers who...
Watch more: Live Roundtable With Capital One’s David Arons and Hotel Lobby Candle’s Lindsay Silberman For many executives and entrepreneurs, the traditional business trip once followed a predictable pattern. Travelers arrived for meetings, completed their obligations, and returned home. Increasingly, that script is being rewritten....
Wheely, a luxury services company that provides chauffeuring and concierge services through its app, has expanded to New York City, according to its website. The London-headquartered on-demand chauffeur company already operates in London, Paris and Dubai, per the site. “As a global hub of culture...
Uber has teamed with carmaker Rivian to boost both companies’ autonomous vehicle efforts. The two companies expect to deploy 10,000 fully autonomous R2 robotaxis in the first phase of that effort, Rivian said in its announcement Thursday (March 19). The initial deployments are set to...