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Wednesday, January 17, 2024

Advito: Int'l Airfares Drop in Q1 as Hotel Rates Rise; Judge Denies JetBlue's Spirit Acquisition



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January 17, 2024
Advito: Int'l Airfares Drop in Q1 as Hotel Rates Rise
By Michael B. Baker
Intercontinental airfares in early 2024 are decreasing, and domestic airfares are stabilizing as hotel rates continue to rise, according to Advito's quarterly price index report, released Tuesday. The index compares historical pricing data with future shopping data for the current quarter. Keep Reading
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U.S. Judge Denies JetBlue's Spirit Acquisition
The $3.8 billion JetBlue acquisition of Spirit Airlines has been grounded—at least for now. The judge presiding over the civil lawsuit brought by the U.S. Department of Justice ruled that the deal would violate the Clayton Antitrust Act. Keep Reading
Sixt to Purchase up to 250K Stellantis Vehicles
Germany-based car rental company Sixt has agreed to purchase up to 250,000 vehicles by 2026 from manufacturer Stellantis. Keep Reading
SAS to Add Atlanta-Copenhagen Service
SAS beginning June 17 will add service between Copenhagen and Atlanta, the carrier announced Tuesday. Keep Reading
Chase Sapphire Lounge Opens at LaGuardia
Chase has opened its latest Chase Sapphire Lounge by The Club at New York's LaGuardia Airport, the company announced Tuesday. Keep Reading
 
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