Travelers Financial News

Investing.com-- Most Asian currencies rose on Wednesday, seeing some relief as the dollar retreated in anticipation of more cues from the Federal Reserve on the path of interest rates. 

American Airlines flights will have to pay more as the carrier has decided to raise the price of checking bags. The new rates will be applicable for travel tickets booked on or after February 20, as per a Reuters report. Passengers will now have to pay $35 to check their first bag for domestic flights if the service is booked online in advance, or $40 if they purchase the option at the airport, the carrier said. A second checked bag will cost $45 if purchased online or at the airport.

Americans have become increasingly reliant on their credit cards since the pandemic

Vice President Kamala Harris is announcing another $5.8 billion for water infrastructure projects nationwide, paid for by one of the Biden administration's key legislative victories

Capital One Financial is betting that Americans will keep shopping and use a credit card to pay for their purchases at stores and on the internet

American Airlines is raising bag fees and pushing customers to buy tickets directly from the airline if they want to earn frequent-flyer points

Thousands of travelers across Germany have found themselves stranded after ground staff walked off the job at seven of the country’s biggest airports

The Singapore Airshow – Asia's largest – kicks off Tuesday with an array of aerial displays including some by China’s COMAC C919 narrow-body airliner

By Jody Godoy

Indian hotel industry is expected to report a 7-9 per cent revenue growth in FY2025 with occupancy likely to be at decadal highs, ratings agency ICRA said on Tuesday. Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (MICE), including weddings and business travel despite a temporary lull during the election period are likely to drive demand in FY2025, ICRA said in a statement. Spiritual tourism and tier-II cities are also expected to contribute meaningfully in FY2025, it added. ICRA said domestic tourism has been the prime demand driver in FY2024 and is likely to remain so in the near-term. Foreign Tourist Arrivals (FTA) are yet to recover to pre-Covid levels and the improvement would depend on the global macroeconomic environment.

(Reuters) -Singapore Airlines Ltd (SIA) reported a 4.9% jump in its quarterly net profit on Tuesday, boosted by a strong air travel demand in key markets.

ET had first reported on Tuesday about the senior-level exits at the e-commerce major. Travel booking website Cleartrip’s head Ayyappan R, marketplace and categories leader Amitesh Jha, fintech and payments head Dheeraj A, and growth and retention head Bharath Ram are exiting the firm, Krishnamurthy confirmed to employees.

Air India Express will be offering tickets at discounted prices to passengers who prefer travelling without check-in baggage, the company announced on Tuesday. Through 'Xpress Lite', passengers can avail fares cheaper than regular fares. «Xpress Check-In enables flyers to avoid queues at counters and baggage belts and comes with a complimentary +3 kg cabin baggage allowance in addition to significantly discounted pre-booked prices for +15 kg and +20 kg check-in baggage allowances to ensure the maximum flexibility and convenience for guests booking on Xpress Lite fares,» the company said in a press release.

airlines’ biggest trade group implored oil producers to make more low-emissions aviation fuel, warning the future of commercial air travel depends on the industry’s successful decarbonization. Sustainable aviation fuel is the best available tool for cutting emissions, International Air Transport Association Director General Willie Walsh said at an aviation summit in Singapore Monday. Demand for the cleaner-burning fuel far outstrips supply, even though it can cost three to five times more than conventional jet fuel. “Every bit of fuel that gets produced would be used because this is an existential issue,” Walsh said. “This industry will not be allowed to grow unless we can prove to our customers, regulators, governments, people in general, that we can grow in a sustainable manner.”

Dwarkadhish temple. It is being built for ₹978 crore. Here are five things to know about Gujarat's Signature Bridge, 1) The construction of the bridge, initiated by the Centre in 2017 with a groundbreaking ceremony, aims to facilitate easier access for devotees commuting between Okha and Bet Dwarka.

₹ 30,500 crore and establishing three new Indian Institutes of Management (IIMs) in the state. Meanwhile, travel disruptions loom for Lufthansa passengers as ground staff at seven major German airports, including Frankfurt and Munich, launch a one-day strike.

Demat accounts more than trebled over the covid period, even as mutual funds drew large inflows. The trouble with the hypothesis of asset-earned holidays is that it’s unclear if we have had a wide enough dispersal of sizeable gains. Retail investors with shares worth over ₹1 crore, for example, can possibly envision dividends (and/or notional capital gains) paying for a family holiday, but it is hard to picture new investors in the same league.

₹20,000 crore per month. According to RBI, credit card spending among Indians rose to ₹1.65 trillion in December 2023 from ₹1.61 trillion in November. Macquarie Research says these cards were issued to drive volumes and never contributed much to profitability as margins were low.

Mumbai Metropolis Metaverse which will offer an immersive virtual representation of Mumbai. In this 3D map, the government aims to give the people an idea of how Mumbai (MMR) will look in the coming years and the sort of new amenities the city is going to provide to the Mumbaikars.

Isro) is reportedly planning another ambitious mission to Mars. As per reports, ISRO is planning to send a lander to the Red Planet. The lander after touching down on the Mars surface will deploy a rover as well as a rotocopter (helicopter), reports claimed. As reported, the Indian space agency is planning to send a drone or rotocopter to Mars. The drone will be like that of Nasa's Ingenuity quadcopter. The Ingenuity logged 72 flights over three years at Mars. It accumulated more than two hours of flight time, travelling 18 kilometers. That's more than 14 times farther than planned, according to NASA. It soared as high as 24 metres and hit speeds of up to 36 kmph.

The head of BMW Group Designworks steered his car into a rest stop, highway traffic whizzing by in the background, and then dialed into his meeting. “I can’t concentrate on driving if I’m talking," says Holger Hampf, whose unit is internally known as “architects of the future." This pit stop, he says, happens to be an excellent example of what will change in the future. One day when cars can eventually drive themselves, executives will be able to sit back and work just as if they were in the office.