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Shares in JAL and ANA have barely budged in the past year
...Total numbers are still a tad below pre-Covid 2019 at 4,460 in the private sector, according to fitness market data specialist Leisure DB, with 7mn members....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...But through 2022 and early 2023, travel and leisure stocks stagnated as the revenue gains from resurgent travel were already priced in....
...Experience-based spending — particularly travel — is holding up....
Also in today’s newsletter: Taylor Swift’s place in football, golf’s changing of the guard, and more
...The door plug — a “key component” for investigators — was located in the backyard of a Portland resident on Sunday night, according to Jennifer Homendy, chair of the National Transportation Safety Board,...
Plus, Carlyle co-founder gets into baseball, football’s transfer market tanks
...State pension funds will then have to notify the comptroller of their holdings, but the law gives them some flexibility on selling out if it affects their fiduciary duty to retirees....
Plus, F1’s valuation race hots up, multiclub ownership divides the Premier League, and more
...After the introduction of the Holding Foreign Companies Accountable Act in 2020, regulators can prohibit foreign companies from being traded in the US if the Public Company Accounting Oversight Board — the...
...TKO Group began trading on the New York Stock Exchange on Tuesday, with Endeavor holding a 51 per cent controlling interest and WWE shareholders 49 per cent....
Dozens of companies pledge to recruit or train people fleeing Ukraine war and other crisis-stricken regions
...Smaller rival Winnebago and RV retailer Camping World Holdings made similarly outsized gains during the period....
...Garth Kimber was the director of Xela Holdings, but getting at who ultimately owned Xela Holdings - that was our first dead end....
...US-headquartered ATP Tour Inc’s revenues have recovered since falling to a low of $93mn in 2020, a season disrupted by the coronavirus pandemic....
...Plans include office space, malls, clinics, schools and other leisure facilities to be built across four reclaimed islands covering 30 sq km....
...Chapek had also been leaning towards holding on to ESPN, according to a person close to him. “But ESPN is a declining asset, and Disney has a tough balance sheet”, the person cautioned....
...An uncredited video making the rounds on Twitter shows one talented pup holding her own in a backyard game of two-on-two volleyball. The co-ordination is mesmerising — check it out here....
...Pawan Passi and Charles Leisure, two bankers on Morgan Stanley’s block trading desk previously placed on leave, parted ways with the lender this month amid a US probe into their group’s work, Bloomberg reports...
Do not underestimate people’s desire to travel after more than two years of living with Covid restrictions
...The two biggest — Booking Holdings and Expedia — predict this could be their busiest summer travel season ever. Yet despite the bold forecasts, share price performance is lagging....
...The nimble discount carriers rely on domestic leisure travel, which bounced back in 2021. Big airlines are more dependent on depressed business and international trips....
‘Drive to Survive’ attracted new audiences to Formula One — now the top two drivers are giving them real drama
...Enterprise Holdings — the largest US car rental company with the Enterprise, National and Alamo brands — said its customers were using rentals to try out EVs....
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