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Travel demand cushions 737 MAX toll

Healthy travel demand helped cushion quarterly results at American Airlines and Southwest even though the Boeing 737 MAX grounding weighed on costs and profits. Fred Katayama reports......»»

Category: videoSource: reutersJan 23rd, 2020

Oil sinks to three-month lows as coronavirus raises demand fears

Crude futures dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, curtailing travel and fueling expectations of slowing oil demand......»»

Category: topSource: reutersJan 27th, 2020

Oil falls 2% to three-month lows as China virus raises demand fears

Crude prices dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand......»»

Category: topSource: reutersJan 27th, 2020

Healthy travel demand helps cushion 737 MAX toll for American, Southwest

Healthy travel demand should continue to cushion results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, even as the prolonged Boeing 737 MAX grounding weighs on costs and profits......»»

Category: topSource: reutersJan 23rd, 2020

CDC Issues Hong Kong Travel Advisory; Dems Demand Trump Reimburse States Battling Coronavirus

CDC Issues Hong Kong Travel Advisory; Dems Demand Trump Reimburse States Battling Coronavirus.....»»

Category: blogSource: zerohedgeFeb 19th, 2020

With traffic taking a toll on U.S. 69, Kansas and OP may do likewise

With traffic and travel times already bad and expected to worsen, Kansas and Overland Park officials are weighing an option to accelerate widening the stop-and-go stretch of U.S. Highway 69 in Johnson County. The road through Overland Park — th.....»»

Category: topSource: bizjournalsFeb 14th, 2020

American Airlines selects Seattle for first direct U.S. flight to Bangalore

American Airlines Group Inc said on Thursday it would launch its first direct U.S. flight to Bangalore from Seattle, a new route meant to meet corporate customers' demand for travel to the center of India's high-tech industry......»»

Category: topSource: reutersFeb 13th, 2020

Oil prices mixed as demand concerns outweigh output cut expectations

Oil prices were mixed on Thursday as concerns about falling demand caused by travel restrictions tied to the coronavirus outbreak in China, the world's biggest oil importer, outweighed expectations of supply cuts from major producers......»»

Category: topSource: reutersFeb 13th, 2020

Coronavirus forces OPEC to cut oil demand forecast

OPEC warned the coronavirus outbreak will take a toll on world oil demand in 2020......»»

Category: topSource: foxnewsFeb 12th, 2020

TUI says strong holiday demand helps to offset MAX grounding cost

European travel company TUI said strong demand for holidays would help offset the impact of the grounding of the Boeing 737 MAX aircraft on its annual profit, enabling it to lift the bottom end of annual earnings guidance......»»

Category: topSource: reutersFeb 11th, 2020

Safe-havens rise on coronavirus concerns, stocks rebound

Gold rose and the dollar hit a four-month high against the euro on Monday as the death toll from coronavirus outbreak passed that of the SARS epidemic two decades ago, boosting demand for safe havens......»»

Category: topSource: reutersFeb 10th, 2020

Futures Movers: Oil edges lower as coronavirus takes toll on China crude demand

Oil futures drift lower Monday, undercut by the hit to Chinese demand for crude in the wake of the coronavirus outbreak......»»

Category: topSource: marketwatchFeb 10th, 2020

Coronavirus uncertainty subdues global shares, dollar eases after rally

Global shares sank on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares rose as authorities lifted some work and travel curbs, helping businesses to resume operations......»»

Category: topSource: reutersFeb 10th, 2020

Virus uncertainty weighs on global shares, dollar takes breather

Global shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares rose as authorities lifted some work and travel curbs, helping businesses to resume operations......»»

Category: topSource: reutersFeb 10th, 2020

China"s return to work lifts local stocks while rest of Asia trails

Asian shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares gained as authorities lifted some work and travel restrictions, helping businesses to resume operations......»»

Category: topSource: reutersFeb 10th, 2020

Asian markets stem losses as China returns to work but sentiment jittery

Asian shares pared early losses on Monday as Chinese authorities lifted some coronavirus-related restrictions on work and travel, helping businesses resume work though overall sentiment was still jittery as the death toll from the epidemic climbed......»»

Category: topSource: reutersFeb 10th, 2020

Hong Kong Airlines to cut 400 jobs, operations as coronavirus hits travel

Hong Kong Airlines said on Friday that it will slash 400 jobs and cut operations given weak travel demand because of the coronavirus outbreak, adding to financial woes for the city's second-largest carrier......»»

Category: topSource: reutersFeb 7th, 2020

British Airways owner IAG sees coronavirus having only marginal impact on global travel

The coronavirus epidemic will have a only a marginal impact on global travel demand and the airline industry is healthy enough to absorb any economic slowdown in China, the chief executive of British Airways parent IAG said on Wednesday......»»

Category: topSource: reutersFeb 5th, 2020

British Airways owner IAG sees marginal impact of coronavirus on global travel

The new coronavirus epidemic will have a only a marginal impact on global travel demand and the airline industry is healthy enough to absorb any economic slowdown in China, said the chief executive of British Airways parent IAG on Wednesday......»»

Category: topSource: reutersFeb 5th, 2020

IAG CEO says coronavirus impact on air travel demand will be marginal

The chief executive of International Airlines Group (IAG) said he believes the overall impact of coronavirus on global air travel demand will be marginal......»»

Category: topSource: reutersFeb 5th, 2020

United Airlines cuts Bay Area flights from Seattle-area airport

United Airlines is dropping flights from Paine Field in Everett, Washington, to the Bay Area, citing a lack of demand for the service at the Snohomish County airport. "We continuously review demand for travel in markets across the U.S. and we determ.....»»

Category: topSource: bizjournalsFeb 4th, 2020