“Our performance in the fiscal first quarter reflected solid results and continued positive momentum in a challenging COVID-19 environment."
“Our December quarter results capped the toughest year in Delta’s history,” Delta CEO Ed Bastian said.
Hyatt's revenue per available room improved in Q3 but the hotelier expects "demand to remain uneven over the coming months."
“The recovery so far has been uneven, V-shaped for domestic volumes but L-shaped for cross-border volumes,” CFO Vasant Prahbhu says.
Marriott’s shares rose as the company reported that it it is seeing "steady signs" of global travel demand returning.
Hard-hit travel industry companies must take steps to adjust their offerings, redefine pricing strategies, and focus on maximizing customer lifetime value.
With demand collapsing since the second half of March due to the coronavirus, "the worst is still to come" for United.
The British travel agency’s collapse is causing “global travel chaos.”
The Atlanta-based software company is planning an IPO for its Indian subsidiary.
Goulden's 30 years of experience in technology includes serving as EMC's finance chief from 2006 to 2014.
The hotel-search company has been hit by a slowdown in the revenue it generates by referring users to hotel websites.
Both American and United Airlines boost their expectations for fourth-quarter unit revenue, sending their shares up more than 3%.
