Flights

Citi Launching New Travel Portal with Booking.com
Citi Launching New Travel Portal with Booking.com
August 18, 2022  |  Travel Payments

Citi will be debuting a new portal, Citi Travel, with Booking.com to help customers plan and book their trips, a press release from the bank...

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June Air Travel Volume Off 86 Pct From Last Year
June Air Travel Volume Off 86 Pct From Last Year
July 28, 2020  |  Travel Payments

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case...

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Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
July 22, 2020  |  Travel Payments

It was a bad week for airline stocks as bookings contracted on renewed coronavirus fears. PYMNTS reported earlier this week on new Transportation Security Agency (TSA) figures that travelers...

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United Airlines’ Chief: Vaccine Needed To Return To Normal
United Airlines’ Chief: Vaccine Needed To Return To Normal
July 22, 2020  |  Travel Payments

The outlook for the airline industry looks cloudy — at best — until there is a COVID-19 vaccine. In fact, United Airlines‘ chief said revenues...

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US Air Travel Sinks 4 Pct Amid Rising Infections, Quarantines
US Air Travel Sinks 4 Pct Amid Rising Infections, Quarantines
July 20, 2020  |  Travel Payments

The already sluggish recovery in air travel hit some turbulence over the past week. The number of travelers passing through airport security checkpoints across the...

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Some Airports Freeze Renovations As Fewer Passengers Fly
Some Airports Freeze Renovations As Fewer Passengers Fly
June 08, 2020  |  Travel Payments

Plans to expand some airports have been put on hold as air transportation has been grounded by the COVID-19 pandemic, The Wall Street Journal reported. The...

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Pandemic Triggers $2.1B Loss For United Airlines
Pandemic Triggers $2.1B Loss For United Airlines
April 20, 2020  |  Travel Payments

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...

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Airlines Shift From Passengers To Cargo
Airlines Shift From Passengers To Cargo
March 23, 2020  |  Coronavirus

For the airline industry, keeping at least some top line in place to cover enormous fixed costs is a critical strategy as demand for travel...

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American Airlines Suspends Most Long International Flights Through May
American Airlines Suspends Most Long International Flights Through May
March 15, 2020  |  Coronavirus

American Airlines is curbing its flights for the next month or so in response to the deadly coronavirus, which has been exacerbated by international travel...

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