Airlines are facing a severe shortage of pilots as the summer travel season approaches

Carolina Larson was in her mid-30s working at an investment bank in New York City when she overheard a co-worker talking about flying lessons. Soon she was taking lessons at the same flight school and planning to change her profession. “I emptied my 401(k) and maxed out my credit card and borrowed money from friends,” … Read more

The ‘Vengeance Journey’ started in 2021, but really comes back with revenge in the summer of 2022

The term “revenge travel” has become a popular way to describe consumers dusting off their itineraries that have been halted by the pandemic, but 2022 is poised to be an even bigger payoff for dog days in 2020. That’s because travel and all of its incidental spending is back even stronger compared to last year, … Read more

Apple, Tesla, and these shares were bought out of tech wrecks

font size Apple Store signs appear at Grand Central Station in New York. Michael M. Santiago / Getty Images To say it’s been a tough year for tech stocks is an understatement, with tech heavy Nasdaq Composite Landing in a bear market area and a stalwart like apple And Amazon Extension of loss periods for … Read more

Stock Market Today: Tech stock slide, Musk offers to buy Twitter

font size A trader works on the floor of the New York Stock Exchange. (Michael Nagel/Bloomberg) Stocks were mostly lower on Thursday, as markets digested Wednesday’s rally and earnings reports from major US banks. Technology stocks were the biggest losers. In afternoon trading, the Dow Jones Industrial Average rose 87 points, or 0.3%. The S&P … Read more

Air travel takes off. The trip will be bumpy.

After two years of delayed earnings, airlines are finally preparing to reap the benefits of a much-needed recovery in travel throughout 2022 as travelers look to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 people shy of the 2019 figure. Meanwhile, airline … Read more

Return travel demand. Are the airlines ready for that?

After two years of delayed earnings, airlines are finally preparing to reap the benefits of a much-needed recovery in travel throughout 2022, as travelers look to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 people shy of the 2019 figure. Meanwhile, airline … Read more