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Friday, March 29, 2024

Morning Report: Airfare increase, cruise lines bookings increase

Credit: WMGT
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Morning Report: Airfare increase, cruise lines bookings increase
Morning Report: Airfare increase, cruise lines bookings increase

Social distancing could drastically increase the price of airfare.

Meanwhile, Carnival Cruise Lines sees a 600% increase in bookings for the month of August.

Jane King reports.

To 50% with new social-distancing regulations.

Jane king is in new york with those stories and more good morning.

Social-distancing regulations on airplanes could drastically jack up the price of tickets when air travel slowly restarts.

That's according to the international air transport association.

Flyers could see anywhere between a 43% and 54% fare increase when compared to rates last year if airlines are required to keep their middle seats empty.

******** meanwhile, carnival was swamped with cruise bookings after announcing august return.

Cruise planners, a company that books cruises on the world's largest cruise ship line, said bookings shot up by 600% when they announced that cruises would begin august 1.

Disneyland shanghai re-opens today and tickets sold out in 3 minutes.

********* the dow ended the week 455 points higher, shaking off the worst u.s. unemployment rate since the great depression.

The u-s lost more than 20 million jobs last month and the treasury secretary says the unemploymentt could go even higher than the current14 point 7 percent.

********* live nation is planning for when concerts start up again.

The head of the company says in the fall concerts and sports events may be done with outt fans and 2021 will be back to normal.

Live nation has seen 9-thousand concerts impacted by the coronavirus.

******* beauty industry watchers and cosmetics companies say consumers are gravitating toward a more low-maintenance and natural look.

People are staying at home and paying more attention to their health, prompting them to shift focus to their skincare rather than their makeup.

Makeup sales were down 22% in the first quarter versus a year ago, according to npd group, while

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