April 20, 2024
Investment

Investment in Indian Hotels Surged in 2023

Skift Take 2023 was a record year for Indian hospitality in terms of hotel investments as well as new branded hotel openings and signings. — Bulbul Dhawan The Indian hospitality industry witnessed investments to the tune of $401 million in 2023, real estate company JLL revealed in a new report. This was nearly four times

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Investors

Investors Don’t Need to Sweat the Latest Boeing 737 Safety Incident. The Data Show Why.

Now Boeing investors, whether they like it or not, have to prepare themselves for Monday’s trading session with as much detail—and context—as possible. On Friday, a United Airlines flight was found to be missing an external panel when it landed in Oregon. The plane involved was a 25-year-old 737 NG, or Next Generation, model. Boeing’s

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Investors

Excess baggage: Finnair shares gain as investors weigh new passenger policy

Finnair stock moved higher as it launched a voluntary weigh-in policy for passengers at Helsinki airport to better estimate cargo weight and fuel needs for airplanes. ADVERTISEMENT Finland’s national carrier Finnair recently announced that it would be launching a three-month long study at the Helsinki airport, where passengers could voluntarily choose for their weight to

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Investors

Spirit Airlines Stock Surges as Carrier Fights Back With Action-Packed Investor Update

Spirit Airlines came out fighting Friday as it looked to reassure investors with improved guidance and steps it has taken to shore up liquidity. The company also said it was assessing options to refinance 2025 debt maturities, which credit ratings agency Fitch described as a “significant refinancing risk” earlier this week. Shares of Spirit Airlines

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Investors

Europe’s Decision to Ground Boeing 737 MAX 9 Jets Tells Investors Something

The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the

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