UK air traffic meltdown ‘one in 15 million’ event

UK air traffic meltdown ‘one in 15 million’ event

Passengers awaiting news on cancelled or delayed flights at London Stansted Airport gesture as they discuss the situation on Monday, in Stansted, Britain August 28, 2023. REUTERS/Raphael Satter/File Photo Acquire Licensing Rights LONDON, Sept 6 (Reuters) – An air traffic meltdown in Britain was caused by a “one in 15 million” event, the boss of … Read more

Booking Holdings boosts forecast as travel demand defies weak economy

Booking Holdings boosts forecast as travel demand defies weak economy

Aug 3 (Reuters) – Booking Holdings (BKNG.O) on Thursday raised its forecast for third-quarter gross bookings as pent-up demand for travel outweighed rising costs and concerns around an uncertain economy, sending its shares up 10.25% in extended trading. It now expects gross bookings, which refers to the total dollar value of all travel services booked … Read more

Wall Street closes near flat as Treasury yields surge

Wall Street closes near flat as Treasury yields surge

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) Amazon surges in extended trade after results Gloomy Spirit, Expedia results drag travel stocks lower PayPal drops after weak Q2 margins Qualcomm tumbles on signaling more pain from smartphone slump Aug 3 (Reuters) – U.S. … Read more