Topic
travel-industry
20 stories related to this topic, newest first.
bloombergquint.comfinance26 days ago
Yatra Online Reports 27 Percent Revenue Growth for Fiscal 2026
Yatra Online held its fiscal fourth quarter and full year 2026 earnings call on May 25, 2026. The company reported revenue from operations of INR 10,074 million and adjusted EBITDA of INR 564 million.
New York Postworld38 days ago
Allegiant Air Completes Purchase of Sun Country Airlines
The low-cost carrier finalized its $1.5 billion acquisition of Sun Country on Wednesday after securing regulatory and shareholder approvals. The deal creates a larger budget airline with nearly 195 aircraft serving 175 cities as the industry faces sharply higher jet fuel costs. I…
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tvinsider.compolitics37 days agoUpdated
Jet Fuel Prices Rise After Strait of Hormuz Disruption
President Trump said oil prices rose very little due to the war with Iran. International Air Transport Association head Willie Walsh warned that higher ticket prices for air travellers in Europe are inevitable because of elevated jet fuel costs, with UK summer shortages possible…
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BBC Newsfinance39 days ago
Jet Fuel Prices Rise After Strait of Hormuz Closure as Industry Warns of Higher European Air Fares
Willie Walsh, head of the International Air Transport Association, told the BBC that airlines cannot absorb elevated oil costs, making higher ticket prices unavoidable. The closure of the Strait of Hormuz from the conflict in Iran has driven dramatic price increases, with effects…
BBC Newsworld39 days ago
Navy Modifies Training and Operations After Increased Middle East Deployments
Chief of Naval Operations Adm. Daryl Caudle told Congress the service must alter training and operations starting in July due to funding limits from sustained deployments. Costs for Operation Epic Fury have reached $29 billion while lawmakers urged swift approval of a defense sup…
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thehindu.comworld39 days ago
Navy Briefs Congress on $29 Billion in Middle East Carrier Costs
Chief of Naval Operations Adm. Daryl Caudle told lawmakers the service will begin altering training and exercises in July due to the pace of current operations. Costs for Operation Epic Fury have reached $29 billion while the USS Gerald R. Ford nears the end of an 11-month deploy…
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rnz.co.nzworld39 days ago
European Tour Operator Reports Narrower Quarterly Operating Loss
The company reported a slightly narrower adjusted operating loss for its second quarter. It attributed the result to streamlining of its airline operations and strong demand for cruises. The company is Europe's largest tour operator.
The Independentscience39 days ago
Tui Reports Lower Summer Bookings and Profit Hit from Middle East Conflict and Jamaica Hurricanes
Europe’s largest travel operator reported a 10% drop in UK summer bookings and a 61 million euro hit from the Iran war and Jamaica hurricanes. The company said booked revenues for summer were down 7% compared with 2025. Tui still expects to deliver a full-year operating profit of…
The Sydney Morning Heraldworld43 days ago
Australian Tour Operators Pivot From Europe and Middle East to Asia and Pacific
Bookings for tours in Europe and the Middle East fell sharply in March following the outbreak of conflict involving Iran, Israel and the United States. Industry executives reported drops of 75 to 80 per cent in the first weeks, with many travellers seeking credits rather than ref…
techcentral.co.zaai44 days ago
Airbnb to Integrate AI to Increase Engineer Productivity, Improve Efficiency and Reduce Technical Debt
Airbnb is integrating artificial intelligence across its operations according to its Q1 shareholder letter. The company aims to increase engineer productivity, drive greater efficiency and tackle debt. @YahooFinance reported the details from the letter.
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onemileatatime.comfinance45 days ago
Airline Reports Record Profit of $5.4 Billion Despite Regional Conflict
The company announced a full-year net profit of $5.4 billion for the 12 months ending March, up from $5.2 billion a year earlier. It has restored 96 per cent of its global network following airspace closures and rising fuel costs caused by the conflict that began on 28 February.…
Semaforfinance45 days ago
Dubai Tourism Collapses as Gulf Airlines Resume Flights After UAE Reopens Airspace
Emirates Airlines reported record profits for the year to March after recommencing 75% of its routes. UAE airspace fully reopened on May 2, 2026, while regional carriers Etihad and Qatar Airways run most of their prewar schedules. European carriers have suspended most routes and…
Semaforworld46 days ago
Disney and Uber Report Strong Consumer Spending on Travel and Deliveries
Disney reported healthy demand at its parks and resorts. Uber's CEO said spending on rides and delivery orders remains strong with no signs of weakening. The reports come as gasoline prices rise and follow a government estimate showing slowing consumer spending in the first quart…
theolivepress.esworld49 days ago
UK Government Temporarily Eases Airline Slot Rules
The UK government announced measures allowing airlines to merge passengers onto fewer flights and temporarily return airport slots without penalty over the summer, responding to elevated jet fuel prices from the Middle East war. Jet fuel costs hit $179 per barrel amid the Strait…
traveldailymedia.comfinance58 days ago
Small Group Tours See Resurgence Driven by Women and Solo Travelers
Small group travel has experienced a resurgence in recent years, despite conflicts in the Middle East. French company Altaï announced its acquisition by Australian firm Intrepid Travel. Participants, often women traveling alone, report positive experiences and lasting friendships…
BBC Newsfinance56 days ago
Airlines Cut Flights and Raise Prices Amid High Fuel Costs From Iran War
Rising jet fuel prices due to the Iran War have prompted airlines to cancel flights, reduce capacity, and increase fares. Budget carriers are seeking a $2.5 billion U.S. government rescue package, while major airlines like Southwest report impacts on earnings. The closure of the…
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Semaforworld59 days ago
Gulf Luxury Hotels Offer Discounts to Locals as International Tourism Declines Post-February Conflict
Luxury hotels in the Gulf region are offering significant discounts and packages to attract local residents following a sharp decline in international tourism after a war began on February 28, 2026. Hotel occupancy rates have plummeted, with Dubai at 16% in the initial weeks, pro…
theindependent.sgbusiness56 days ago
Airlines Raise Fares and Cut Flights as Jet Fuel Costs Surge from Middle East War
Major airlines are increasing ticket prices and reducing schedules in response to doubled jet fuel costs driven by the war in Iran and the Middle East. Carriers like American and United report strong travel demand allowing higher fares to persist even if fuel prices fall. Some ai…
Substrate placeholder — needs reviewbusiness69 days ago
Australian Airline Raises Fares and Cuts Domestic Flights Amid Middle East Conflict
An Australian airline has increased fares and reduced domestic flight capacity due to shifts in travel patterns caused by the Middle East conflict. The airline is redirecting resources to meet demand for European routes while facing higher fuel costs from rising oil prices. The e…
fortune.comfinance74 days ago
Major Airlines Raise Fees and Fares Amid Surging Jet Fuel Costs from Iran War
Several U.S. and Canadian airlines, including Southwest, Delta, and WestJet, have announced increases in baggage fees, fuel surcharges, and ticket prices due to higher jet fuel costs linked to the war in Iran. Southwest is raising fees by $10 less than a year after ending its 'ba…