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American Airlines CEO Parker to retire in March, President Isom to take reins
American Airlines CEO Doug Parker is stepping down next year after two decades running airlines and will be succeeded by the carrier’s president, Robert Isom, on March 31, the company announced Tuesday. Parker’s retirement as CEO of…
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Altimeter’s Brad Gerstner cashes in travel trade, bought Peloton and Zoom on dip
Altimeter Capital Chairman and CEO Brad Gerstner said his hedge fund sold stakes in United Airlines and Expedia, adding that easy gains from the rebound in travel stocks have been realized. “On July 1 this…
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Flight attendants worry about fighting passengers over masks, union president says
Flight attendants enforcing mask mandates onboard are worried about physical attacks from travelers, Sara Nelson, international president of the Association of Flight Attendants, told CNBC’s “Squawk Box” on Monday. The Transportation Security Administration announced Thursday…
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More than 370 flights canceled after Ida flooding
Passengers wait at the terminal as a plane sits on the tarmac during heavy rain at Newark Airport, as local media reported the remnants of Tropical Storm Ida bringing drenching rain and the threat of…
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