Business

Trade turbulence pushes airline profits lower

Global trade tensions have sent airline profits into a descent, the industry's trade association said Wednesday, and while profitablity is expected to rebound next year it will unlikely match the level hit in 2018.

Business

Travel giant Expedia sends CEO packing after weak results

Online travel giant Expedia announced the immediate departures Wednesday of chief executive Mark Okerstrom and chief financial officer Alan Pickerill after what the company termed "disappointing" third quarter results.

Business

Internet rained on vacation of big travel firms

Booking a vacation used to mean selecting a package holiday from the catalogue of a big tour operator, but with the advent of the internet consumers now have more options, a luxury that big travel operators have had difficulty ...

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