European shares inched higher on Thursday on hopes fresh coronavirus-related curbs and restrictions may not be needed going into the new year, even as a surge in COVID-19 cases due to the Omicron variant kept a lid on gains. The pan-European STOXX 600 rose 0.2 percent, after edging 0.1 percent lower on Wednesday, with the…
Omicron Fears Lower Winter 2022 Economic Growth Forecasts as Variant Spreads
Economists are downgrading their global economic growth forecasts for Q1 2022, due to diminished economic returns in December, as businesses and customers struggle with the sudden spread of the Omicron variant. Analysts had anticipated that a winter wave of COVID would lead to a downturn in Q1 2022, but many were caught off guard by the…
Thousands of Flights Canceled as Airlines Struggle With Staffing
Thousands of flights were canceled on Wednesday as airlines struggle with inclement weather and getting enough workers to work over the holidays. Over 2,700 flights were canceled worldwide, including nearly 1,000 that had been set to operate into, within, or out of the United States, according to FlightAware, a flight tracking service. Over 10,000 other…
Delta, Alaska Cancel Hundreds of Flights Due to Bad Weather, Omicron Cases
December 29, 2021
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U.S carriers Delta Air Lines and Alaska Air Group canceled hundreds of flights on Tuesday due to adverse weather conditions and rising cases of the Omicron variant. Delta said it expected to cancel more than 250 of 4,133 scheduled flights on Tuesday, while Alaska canceled 170 flights across its network and warned of more cancellations…
Chicago Suburb Orland Park Refuses to Enforce COVID-19 Vaccine Mandate for Businesses
December 29, 2021
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Trustees of the village of Orland Park, a municipality in Chicago’s Cook County suburb, voted on Dec. 28 not to enforce the county’s COVID-19 vaccine passport requirement for some businesses. At a special meeting of the Orland Park Village Board of Trustees, officials voted 6–0 in favor of a resolution that opposes Cook County’s vaccination…
Flights in and out of UK Declined by Over 70 Percent in 2021 Amid COVID-19 Pandemic
Air travel in and out of the United Kingdom declined by more than 70 percent in 2021 as the COVID-19 pandemic continues to rage across the globe. According to data released by aviation analytics company Cirium in its annual On-Time Performance Review, reported by Business Traveller, there was a 71 percent drop in international flights in and…
CDC Investigates 86 Cruise Ships With COVID-19 Outbreaks
December 28, 2021
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According to the Centers for Disease Control and Prevention (CDC), the number of cruise ships under investigation with COVID-19 outbreaks has risen to 86 on Tuesday, up from 68 a day earlier. The CDC is currently investigating 38 ships, with 48 additional vessels having already undergone investigation but remaining “under observation.” Another 22 ships haven’t…
US Airlines and Travel Industry Takes a Hit as Rising Omicron Cases Disrupt Travel Plans
U.S. travel stocks took an initial hit on Dec 27, but recovered most of the losses on Dec. 28, amid a surge in Omicron cases that is affecting the airline, casino, and cruise industries. A spike in Omicron cases, staff shortages at airlines, and weather-related problems forced the latest round of massive flight cancellations, leaving travelers stranded across…
US Airline Stocks Claw Back Losses From Omicron Travel Hit
U.S. travel stocks took an initial hit on Dec 27, but recovered most of the losses on Dec. 28, amid a surge in Omicron cases that is affecting the airline, casino, and cruise industries. A spike in Omicron cases, staff shortages at airlines, and weather-related problems forced the latest round of massive flight cancellations, leaving travelers stranded across…
Thousands More Flights Canceled as COVID-19 Continues to Disrupt Holiday Travel
Thousands more flights were canceled across the United States on Monday amid the ongoing CCP (Chinese Communist Party) virus nationwide surge in Omicron variant cases. Around 3,259 flights were canceled in total globally yesterday, of which around 1,474 were in the United States, according to the flight-tracking website, FlightAware. Of the 1,474 flights, 136 were pulled by Delta airlines, 108 were scrapped from United,…
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