NEXT Travel Stream

Despite record passenger levels this summer, US airlines are struggling to improve profitability. #Airlines #AviationIndustry #TravelTrends #USAirlines #AviationNews

This month's VAX VacationAccess streaming travel news is sponsored by Puerto Vallarta, the beach destination with a taste of Mexico. Over 180,000 travel advisors log in to VAX to earn, learn, and grow in the premier leisure travel marketplace. We're glad to be a part of that! https://lnkd.in/dY5uMUE #VAXVacationAccess #TravelNews #PuertoVallarta #VisitMexico #LeisureTravel

Yesterday, American Airlines lowered its profit forecast and admitted to mistakes in its corporate distribution strategy. On last month's earnings call, below, you can hear some of the tension as CEO Robert Isom qualifies now ex-CCO Vasu Raja's more optimistic responses to analyst questions. #AmericanAirlines #ProfitForecast #EarningsCall #CorporateStrategy #AviationNews

To the loved ones we have lost: You are forever in our hearts and minds. Your service and sacrifice to our country will never be forgotten.

A fascinating earnings call this week with Elon Musk and the execs at Tesla: 🌱 #EV Market and Production Strategy : Despite challenges like a global slowdown in EV adoption, Tesla remains committed to electric vehicles over hybrids. The ramp-up of the updated Model 3 in Fremont and the planned early launch of new vehicle models in 2025 were highlighted. 💡 #EnergyStorage and #AIExpansion: Tesla reported record profitability in its energy storage business, particularly with the Megapack, and expects significant growth in this sector. Additionally, Tesla has more than doubled its AI training compute capacity, significantly enhancing its AI and machine learning capabilities. 🚗 #FullSelfDriving (FSD) and Autonomy Developments: FSD Version 12 has been rolled out to 1.8 million vehicles in North America, with usage and improvement rates increasing steadily. Tesla reduced the subscription price to make it more accessible and expects the upcoming Robotaxi reveal to further showcase its advancements in autonomy. 📈 #FutureGrowth and Product Roadmap: Tesla is optimistic about growth in vehicle sales and production capabilities, potentially exceeding 3 million vehicles annually. The discussion also touched on further developments in AI and autonomous technologies, reaffirming Tesla’s vision of a robust, innovative future in both automotive and AI domains. #Tesla #EarningsCall #Innovation #FutureTech

Sustainable Aviation Fuel (SAF) needs to scale up much faster to keep aviation on track for its 2050 net zero goal. The industry wants more aggressive gov't policies and subsidies to encourage production, but given current spending priorities and debt levels, it's proving difficult. #SustainableAviationFuel #NetZero2050 #AviationIndustry #ClimateAction

Delta again reported strong quarterly results with record 1Q revenue of $12.6 billion, an increase of 6% from last year. With a positive forecast for the summer travel season, Delta Air Lines is confident of achieving its full-year guidance. Here are Delta CEO Ed Bastian's recent comments and insights. #DeltaAirlines, #QuarterlyResults, #TravelIndustry

The road is wide open. Cease the day!

Wondering why your hotel still doesn't clean your room each night or offer better room service options? Post-pandemic staffing shortages continue to challenge hoteliers.

Airline executives' 2024 outlook remains bullish as corporate traffic increases and int'l volumes grow. Near-term Boeing issues may impact summer capacity growth, but the long-term trend is clear...more global travel. #travelindustry #corporatetravel