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Southwest Airlines closing 2 more crew bases in cost-cutting push

Travel NewsMarch 4, 202551Views

A Southwest Airlines aircraft at a gate at Austin-Bergstrom International Airport in Austin, Texas, Feb. 16, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Southwest Airlines is closing two more crew basis amid its cost-cutting push that has also led to its first mass layoffs in its more than 50 years of…

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SoftBank-backed TravelPerk doubles valuation, plans fintech push

TravelPerk CEO and co-founder Avi Meir. TravelPerk TravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC. The fresh financing doubles TravelPerk's market value from January 2024, when it raised $104 million on a $1.4 billion valuation.…

January 28, 202558Views

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Luxury safaris adapt as travelers push for meaningful experiences

Luxury safari-goers were once all about spotting lions, leopards, elephants, buffaloes and rhinos — albeit while staying in nicer tents and dining on gourmet food. But that's changing. "Safaris are not just about the 'Big Five' anymore," said Lori Cohen, a writer who covers luxury safaris. "People have got limited time off in their lives,…

December 19, 202498Views