Denver-headquartered Frontier Airlines is retracting its $39 “More Room” fee that guarantees passengers would sit between empty seats. “We recognize the concerns raised that we are profiting from safety, and this was never our intent,” Barry Biffle, chief executive officer (CEO) for Frontier, said in...
As the world steadily inches toward reopening after several months of coronavirus-related lockdowns, Frontier Airlines will give people the option to pay extra to leave the middle seat in their row empty, per reports. The gesture is an attempt to adhere to social distancing measures...
Norwegian Cruise Line (NCL) is considering new funding and possible bankruptcy protection due to business losses triggered by the coronavirus pandemic. The company’s filing with the Securities and Exchange Commission (SEC) on Tuesday (May 5) indicated that its accounting firm had “substantial doubt” about NCL’s...
United Airlines is posting a $2.1 billion loss for the first quarter of 2020 as the coronavirus decimates the demand for flights, according to a CNBC report on Monday (April 20). United is the first of the big airlines to discuss quarterly results amid the...
Expedia Group is looking to cut its budget for ad revenues this year, according to Chairman and Senior Executive Barry Diller. Diller told CNBC that the company usually spends around $5 billion in ads, but is unlikely to crack even $1 billion this year due...
COVID-19’s impact on the cruise industry is so far not affecting reservations for 2021, which are up 40 percent over 2019. Carnival, the world’s biggest cruise line, has enough liquidity for a year. Although the coronavirus pandemic prompted the cruise industry to cancel trips through...
While there are very few industries that have not been affected by the COVID-19 outbreak in some way, travel as a vertical has been hit uniquely hard. Consumers everywhere are paying heed to government #stayathome edicts, virtually grinding all travel — international, domestic, business and leisure —...
Hotel chain Oyo, which became one of the largest chains by offering hotel owners guaranteed revenues for carrying the brand, will phase out that incentive in a push to find profitability, according to a report by The Wall Street Journal. The company is based in...
The travel industry is being decimated by the coronavirus. The cascade effect of multi-state lockdowns has had a chilling effect on any number of verticals, from airlines, of course, to hotels. Then add rental homes — where owners open their doors to vacationers — to...
