Month: July 2022

Viewing insider transactions for Travel + Leisure Co.’s (NYSE:TNL ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Travel + Leisure Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Independent Director, George Herrera, for US$128k worth of shares, at about US$58.50 per share. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. It’s of some comfort that this sale was conducted at a price well above the current

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This summer, traveling by air comes with more than the usual helping of grief. Getting through that grief may not involve the usual seven stages, but there are a few givens: You’ll need to weather the sharp rise in airfares and, if your flight is delayed or canceled, you’ll need to work through your anger to deals with your airlines. (Keep in mind that more than twice as many US flights were canceled this June compared to last, according to airline tracking site FlightAware.) We asked experts for nuggets of wisdom and strategies that can help you avoid key stressors or, at least, ease the path to acceptance.

Timing Is (Almost) Everything

Wendy Schoneberger spent 31 years as an air-traffic controller, making sure that travelers got where they were going safely. Since starting Solo to Group Travel, a vacation-planning service, in 2012, she’s turned her focus to making sure

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United Airlines’ second-quarter profit of $329 million was its first since the Covid-19 pandemic began.

Jeenah Moon/Getty Images

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United Airlines

has to cut its plans to grow capacity next year because of ongoing challenges including higher fuel prices and systemwide operational issues, the company said on Wednesday.

United (ticker: UAL) still expects to be profitable for 2022, and it says third-quarter total revenue per seat mile should improve 24% to 26% over the same quarter in 2019. But it said it would expand flying 8% or less next year over 2019. An earlier forecast had put that growth plan at closer to 20%.

A second-quarter profit of $329 million was the carrier’s first since Covid-19 began two years ago and didn’t include the federal aid that expired last year.

Strong travel demand helped lift total revenue per seat mile—a key metric for airlines—by 24% from the same period

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Lately, it seems like the news headlines from San Francisco have been negative, from the city’s homelessness crisis and highly publicized recall elections to the area’s astronomical cost-of-living and worsening fire seasons.

But San Francisco is still San Francisco. The fog still rolls in from the Pacific to blanket the city’s jumbled hills, the sunset still flames crimson behind the Golden Gate Bridge and the smell of salt and eucalyptus still hits the moment you step outside of San Francisco International Airport. Always a city for lovers of the outdoors, pandemic restrictions led to the near-universal embrace of an indoor-outdoor city life. And at its core, the city’s spirit, a heady brew of creativity, progressivism and experimentation, remains unbreakable.

San Francisco’s pandemic recovery has been slower than other major metropolitan areas in the United States; according to data from the San Francisco Travel Association, forecasts for 2022 estimate 80 percent

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Travelers wait to offload their flight at Portland International Airport. Staffing shortages, the Covid-19 pandemic and other issues have led to historic levels of disruptions in US air travel.

Nathan Howard/Getty Images

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This should be a golden age for airlines like

United Airlines

and

American Airlines
.

Travel is surging and seats are hard to come by.

But airline stocks are painting a different picture, trading down with prices closer to their 52-week lows. United Airlines (ticker:

UAL

) was losing 9% on Thursday, while

Delta Air Lines

(

DAL

) dropped 3.4% and

American Airlines

(

AAL

) fell 7.7%. The

US Global Jets ETF

(JETS) was 3% lower on Thursday.

Demand wasn’t the problem in the second quarter. The summer opened a floodgate of pent-up demand for travel, with the Transportation Security Administration reporting passenger volumes similar to pre-pandemic levels. Over the July 4th weekend alone,

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