North America

Harry Reid International is still buzzing on Fridays. There are rolling suitcases, crowded rideshare lines, and the usual churn. On Monday, the airport had quieted down considerably. James Chrisley is the director of Clark County Aviation Department. "Our peaks remain peaks and our valleys have softer edges," he said. Hotel prices, flight schedules, and paychecks are all showing signs of softening. This is in line with the findings from the Federal Reserve survey, as well as recent airline earnings calls: higher-income travelers continue to?book, while households that feel the pinch, pull back. Economists warn that if the market-linked, affluent spending...

The French Tourism Ministry announced on Thursday that despite the growing hostility between the U.S. government of Donald Trump and the French government, Americans will flock to France 'in 2025. U.S. visitors are expected to increase by 17% over the previous year. The increase in U.S. visitors is also noteworthy, as it occurred despite the weaker dollar. In 2025, the greenback will fall by more than 10% against euro after years of an extremely favorable exchange rate for Americans traveling to the eurozone. In 2025, more than 5 million Americans visited France, part of a record-breaking 102 million tourists, according...

'Airbus' lowered its main jet production goal?on Thursday citing "significant shortages of engines" from one of its main suppliers, RTX unit Pratt & Whitney. During the same time, it reported a 17% increase in core fourth-quarter profit. The largest planemaker in the world now targets an output rate for narrowbody jets of 70 to 75 per month by the end next year. This will stabilize at 75?per month after 2027. It predicted that the monthly rate would increase to?75 by 2027 from 60 currently. Airbus and engine maker Pratt & Whitney have been at odds over delays for several months....

Three Vietnamese airlines have signed deals with U.S. aircraft manufacturer Boeing to purchase a total 90 aircraft as the United States and Vietnam continue their negotiating on a new trade agreement. To Lam, the leader of Vietnam's Communist Party visited the United States to attend the first meeting of the Board for?Peace. This initiative was launched by U.S. president Donald Trump in order to address "global conflicts". Vietnam Airlines announced in a press release that it had signed an agreement worth $8.1 billion with Boeing for the purchase of 50 narrow-body 737-8 jets. It said in a press release that...

Vietjet, a Vietnamese budget 'airline', has announced that it has signed a $965-million financing agreement with Griffin Global Asset Management. This is for the purchase of six Boeing 737-8 planes. Vietjet stated in a press release that the agreement was a'significant step' in their strategy to diversify international funding sources. To Lam, head of Vietnam’s Communist Party, signed the deal during his visit to the U.S. to attend the Board of Peace's inaugural meeting, an initiative started by U.S. president Donald Trump to tackle?global conflict. Vietjet announced on Thursday that it had signed an agreement with RTX subsidiary Pratt &...

The House of Representatives is set to consider aviation safety legislation on Monday. This will address dozens of recommendations made by the National Transportation 'Board. It was formed after a collision in January 2025 between a regional jet of 'American Airlines and an Army Black Hawk helicopter, which killed 67. The U.S. Senate passed legislation unanimously in December known as the ROTOR Act that would require aircraft operators by the end of 2031 to equip their fleets with a safety system ?known as automatic-dependent-surveillance-broadcast system, or ADS-B. The bill will also increase oversight of commercial helicopter and jet traffic, as...

The Canadian arbitrator has largely accepted Air Canada's offer to increase its flight attendants' salaries by more than 20% in four years. This puts an end to the bitter dispute that led to a four-day cabin crew strike of 2025. The arbitrator's ruling is a blow for flight attendants, who had demanded higher wages. They claimed that the raises Air Canada offered did not cover their rising cost of living in cities like Toronto. The tentative agreement was signed between the airline, the Canadian Union of Public Employees in August 2025. However, the wage issue went to arbitration after both...

The House of Representatives will?consider aviation safety legislation in the next week after the 'National Transportation Safety Board' issued dozens recommendations following its investigation into a collision that occurred between an Army Black Hawk helicopter and a regional jet operated by American Airlines on January 20, 2025. The U.S. ?Senate passed legislation unanimously in December that would require ?aircraft operators by the ?end of ?2031 to equip their fleets with a key safety system known as automatic dependent surveillance-broadcast system, also known as ADS-B. The bill also increases oversight of commercial jet traffic, heli-traffic and flight routes near 'commercial airports....

Chinese and Indian tourists are'set to' make up for any potential slowdown of growth in U.S. travelers to Europe this coming year, according data released on Wednesday by the European Travel Commission. International arrivals into the continent will rise by 6.2%. The first signs of a slowdown are the strong U.S. Dollar and the economic resilience in North America. A study by the European Travel Commission, an industry group, showed that Americans are less interested in travelling to Europe than they were in 2025. This trend is driven by geopolitical instabilities and worsening economic conditions. Travellers from the Americas are...

Cuba's Varadero Peninsula is the postcard image of a tropical paradise: turquoise water, powder-white sandy beaches and palm trees. Cuba's announcement on February 8, that it had run out of jet-fuel, caused the beaches to empty. They may not return anytime soon. In a survey of airline workers, hotel and travel industry employees, and island tourism industry workers it was found that 'virtually all sectors were suddenly crippled due to the fuel shortage. This could be a death sentence for an industry that is already hampered and vital to the shattered economy of Cuba. Air Canada, WestJet, and Transat, Canada's...

According to a study published by the European Travel Commission on Wednesday, Chinese and Indian tourists will'make up' for any potential slowdown of growth by U.S. travelers to Europe in this year. International arrivals are expected to increase by 6.2%. The strong dollar and the economic strength in North America are driving the slowdown of the boom in American travel to Europe after the pandemic. A study by the European Travel Commission, an industry group, showed that Americans are less likely to travel to Europe in 2026 than they were in 2025. This trend is driven by geopolitical instabilities and...

Major airlines and travel groups urged Congress on Friday to avoid a partial government shutdown that would result in 50,000 airport security agents not being paid before the busy U.S. Spring Break travel period. Transportation Security Administration employees will be working without pay starting Saturday if there is no agreement regarding funding Homeland Security Department agencies. In a joint press release, Airlines for 'America, U.S. Travel, and American Hotel & Lodging Association said that the U.S. economy and travelers cannot afford essential TSA staff to work without pay. This increases the likelihood of unscheduled calls out and absences, which can...

The British money manager Aberdeen will vote against a proposed 7,8?billion euros ($9.25 billion),?takeover by a consortium led?by FedEx of the parcel locker company?InPost, claiming that the offer undervalues it materially. According to LSEG 'data, the firm holds a 0.2% share in InPost. It urged InPost to reconsider its support for the "unjustifiably" low 15.60 euros cash offer per share. According to an excerpt from a letter, Matthew Peacock is a research analyst with Aberdeen Investments. He said that the offer was opportunistic and aimed to exploit a temporary drop in the share price to the detriment of long-term shareholders....

FedEx, a global delivery company, announced on Thursday that its?adjusted? earnings for the current holiday season would exceed Wall Street's median estimate. It also set growth goals through 2029. FedEx announced that its earnings for the third quarter, ending February 28, will surpass analysts' expectations. This announcement was made ahead of its annual Investor Day in Memphis, Tennessee where it is headquartered. FedEx compared the average FactSet estimate of $4.01 for each share. FedEx announced in December that its 'third-quarter adjusted earning per share will fall below the reported $4.82 for the second quarter. The third quarter's earnings, which are...

FedEx, the global delivery company, announced on Thursday that its adjusted earnings for this holiday quarter will exceed Wall Street's average estimates and set growth goals through 2029. FedEx announced that its earnings for the third quarter, ending February 28, will surpass analysts' expectations. This announcement was made ahead of FedEx's annual investor day, which is held in Memphis, its headquarters. FedEx used FactSet’s average estimate of $4.01 for this comparison. FedEx announced in December that its adjusted earnings per share for the third quarter would be lower than the reported $4.82 per shares of the second quarter. The 'third...

Teamsters Union announced on Monday that it has sued United Parcel Service for violating their national contract with the new buyout packages? offered by the delivery giant to drivers. The two agreed to a contract ?deal covering 340,000 Teamsters-represented workers in 2023. The ?deal averted ?a strike at UPS, which has more Teamsters-represented employees than any other U.S. company. UPS announced in January that it would close 24 facilities and cut up to 30 000 jobs as it sought to shift away from millions low-profit deliveries to its largest customer, the online retailer Amazon.com. The union stated that "the scope...

The companies announced on Monday that a consortium led by FedEx investors and InPost investors had agreed to purchase the parcel locker business in a deal worth 7.8 billion euros ($9.2 billion). This will allow InPost to expand its reach throughout Europe, while giving FedEx the opportunity to access the locker network. The 15.60 euro offer price per share is a 17% premium over InPost's Friday closing price, but below InPost 2021 IPO's 16 euros. The Amsterdam-listed shares opened at a 14% increase, trading at highs of May 2025. Hein Pretorius is the chair of InPost’s supervisory board. He told...

These are the most popular stories from the Wall Street Journal. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. A consortium consisting of the U.S. private equity firm Advent International, the logistics company FedEx and investment companies A&R & PPF have agreed to buy Polish parcel delivery provider InPost. The deal is worth $9.22 billion. Innovent Biologics, a Chinese drugmaker, has partnered with Eli Lilly to develop a new treatment that could earn?upwards of $8.5 billion through milestone payments. - Grocery giant Kroger is planning to hire Greg Foran as its new chief executive....

The U.S. The U.S. Postal Service reported on Thursday a "net quarterly loss" of $1.25bn as it continues to face liquidity issues. Operating revenue in the three months ended December 31 was down 1.2% at $22.2 billion compared to 2024 when it had a quarterly profit of $144 million. Officials called for policymakers on Thursday to reform the Postal Service Civil Service Retirement obligation, give USPS greater flexibility in pricing and increase its 15 billion statutory debt limit. David Steiner, Postmaster General of USPS, said on Thursday that the company has formed a team which will review all aspects to...

FedEx announced on Wednesday that it is 'working with Boeing and U.S. aviation safety regulators to bring back to service the MD-11 cargo jets by May 31, after the fatal crash of one of these jets operated by United Parcel Service in November. FedEx said, "We are continuing to work with Boeing to determine any inspections and maintenance required to safely return our MD-11 aircraft to service," referring to the Federal Aviation Administration. UPS announced on Tuesday that it had accelerated a plan to retire its remaining MD-11 cargo jet fleet, which consisted of over two dozen aircraft. UPS announced...

FedEx announced on Friday it would 'cut up to 500 positions 'and invest a maximum of?78million euros ($91.58million) in a major overhaul of its domestic operations. The company announced that it would reduce the number of stations from 103 to 86, simplify its network and eliminate overlap infrastructure. The U.S. courier firm stated that "the French courier and express transportation market is dominated... by a highly competitive sector... with cost pressures." It added that the overhaul could create over 770 new jobs in full- and part time?operations, with priority given to employees who are already working. FedEx stated that there...

An EU diplomat said that the EU's free-trade agreement with South American nations will likely?be implemented on a temporary basis as early as March. On?Thursday a challenge to the EU's highest court is looming. On Wednesday, EU lawmakers sent the controversial trade agreement between the EU and Brazil, Argentina Paraguay, and Uruguay to the European Court of Justice. This could delay the deal by up to two years. An EU diplomat said that the EU-Mercosur Agreement would be implemented provisionally after the first Mercosur nation ratifies it. The diplomat said that "Paraguay is likely to be the next country in...

The U.S. The U.S. Postal Service announced on Tuesday that it will launch an online platform for 'proposals to access its last-mile network. This would allow a wider range of customers to raise funds by opening up more than '18,000 destination delivery units nationwide and local processing centres to a broader audience. USPS had warned that it would run out of money as early as 2027. U.S. postmaster general David Steiner said last month he hoped Amazon.com, and other major retailers, would bid in the auction. Steiner stated that this could add millions of dollars to USPS's revenue. Amazon didn't...

These are the most popular stories from the Wall Street Journal. These stories have not been?verified and we cannot vouch for their accuracy. Dennis Cinelli, a technology executive who is currently a board member at Paramount Skydance, has been named as the company's next chief financial officer. After a visit to the White House, top officials from Denmark and Greenland stated that they had not convinced U.S. president Donald Trump to give up his plans to annex Greenland. Federal investigators are examining how Boeing has responded to previous failures on McDonnell Douglas aircraft. Alibaba Group is rolling out an update...