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New York Post
02-07-2025
- Business
- New York Post
Air Canada drops winter flights to US tourist destination
No flying south this winter. Air Canada has axed its once-popular winter route between Toronto and Jacksonville, Florida, adding to a change in flight plans the airline has made in recent years to accommodate a shift in travel demand. Trips aboard the Great White North's flagship carrier between Toronto Pearson International and Jacksonville International will be suspended beginning in November, reported. 4 Air Canada planes sit on the tarmac of Toronto Pearson International Airport on March 31, 2025. Getty Images The flights between 'YYZ' and 'JAX' will return for the spring and summer demand in March 2026. 'If we can derisk this a little bit and move and be a bit proactive and move capacity into other sectors [where] we see strength, I think that's the right move right now in this context,' Air Canada executive vice president of revenue Mark Galardo told investors in March, according to the outlet. Air Canada is the only airline that currently operates direct flights to the northeast corner of Florida from Hogtown. The two-and-a-half-hour-plus flight is flown aboard a Bombardier CRJ 900 operated by Jazz Aviation, an Air Canada subsidiary. The plane can seat up to 76 passengers, according to aviation news outlet Simple Flying. Demand from loyal Air Canada travelers to 'Jax' dropped as trade relations between the US and Canada grew rocky, the outlet reported. 4 An Air Canada plane flies over a Canadian flag at Toronto Pearson Airport on March 31, 2025. Getty Images The back-and-forth trade rift took another turn Monday when Canadian Prime Minister Mark Carney scrapped a plan to enforce a new digital service tax on American tech firms. The about-face came after President Trump blasted the 'foolish' move as a 'direct and blatant attack' on the United States. Trump ripped the tax and quickly vowed to set a new tariff rate on Canadian goods within the next week, threatening to upend US-Canada relations once again. 'We have just been informed that Canada … has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country,' Trump wrote on Truth Social Friday. 4 Canadian Prime Minister Mark Carney talks with President Donald Trump at the G7 Summit on June 16, 2025. AP Air Canada has already cut other routes between Canada and several prominent American tourist cities this year. Flights out of Vancouver International to Miami, FL., Houston, Texas, and Washington DC were slimmed down in March, cutting weekly departures for July and August. WestJet announced in April it would cut its flights out of Vancouver and Edmonton to several 'Due to a downward shift in demand, WestJet has updated its summer schedule to help Canadians fly where they want to go,' the Calgary-based airline said, according to 'Our schedule is continuously being adjusted based on demand.' 4 Air Canada has already cut other routes between Canada and several prominent American tourist cities this year. Getty Images Politicians and citizens in the Great White North have also become concerned with Trump's immigration policies, targeting immigrants residing in the United States illegally, who have overstayed their visas or have been charged with, or are wanted for, dangerous crimes. Canadians took approximately 39 million trips to the US in 2024, accounting for roughly 75 percent of all international trips out of Canada, according to Simple Flying. The trips saw a slight drop in a year-over-year comparison four months into Trump's second term, decreasing by 14 percent in April and 24 percent in May. American-based airlines however have reported an increase in flights between US and Canada over the same time. United Airlines increased its number of flights to Canada by nearly 3.5 percent since last year while Alaska Airlines saw a 14.5 percent increase, the outlet reported.
Yahoo
16-05-2025
- Business
- Yahoo
How a stock market investor handles market volatility
The stock market never performs in a truly predictable way. When the market gets especially volatile, I always hear the voice in my head from "Star Wars" telling me to "stay on target." It's not that I'm thinking of veering off, as I want to blow up the Death Star (so to speak) as much as Luke Skywalker did. It's very hard not to act when everything seems as if it's blowing up around you. In most cases, though, buying and selling just because the market has dropped ends up being a volatile markets create buying opportunities, and if you have dry powder — available cash — they're a good time to make a move. Adding a new position or buying more shares of a favorite at a favorable price can help ease the pain of deep losses. But like the young almost-Jedi looking to do the impossible, sometimes you need to just stay on target. 💸💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💸 In this video, shot on a windy Celebrity Silhouette cruise ship on a day when people were panicking about President Donald Trump's tariffs, it felt like a good time to remind investors not to panic. Exhale, stay on target and, hopefully, the force will be with you. Hello investors, I am Dan Kline. I am the co-editor of and I'm coming to you from Celebrity Silhouette. So my other job is executive editor of our cruise product, Come Cruise With Me. But as ridiculous as it is being on a blustery pool deck, I wanted to talk a little bit about market volatility and sort of reassure people. One of the things Todd Campbell, my co-editor at TheStreet here, [suggests,] and I believe [in it,] is buying really good companies and holding onto them for a very long time. If that's the strategy you've followed, it does not matter that the market is down. More Experts Treasury Secretary delivers optimistic message on trade war progress Shark Tank's O'Leary sends strong message on economy Buffett's Berkshire has crucial advice for first-time homebuyers Tariffs don't matter, the president doesn't matter, Congress doesn't matter. What you need to look at is: Is this company that I believed was good — that could be Royal Caribbean, that could be Starbucks, that could be Microsoft — are those companies still what you thought they were? Now, if the CEO changed, if something fundamentally changed, maybe you don't believe in them that much. But most good companies will weather the storm. And as you go through the ups and downs of, oh my God, this happened and the market's up a thousand, remember the market has traditionally, not traditionally, has always recovered. So if you're in this for the long haul and you believe in the companies you're buying, don't look at the market every day. This isn't a baseball game. It doesn't end. It doesn't matter what the score is in the fifth inning in a 300-inning game. Remember why you invested and that is to pay for your retirement, to buy a house, to pay for a wedding, to buy a boat, whatever, to get those ab implants, whatever it You have a long horizon, and even if you are retired and you're putting some of this money to work, have faith that traditionally, 12, 18 months, the market comes back. I know it's terrifying, but we are here with you. I am Dan Kline. Stay with us at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
15-05-2025
- Business
- Miami Herald
How a stock market investor handles market volatility
The stock market never performs in a truly predictable way. When the market gets especially volatile, I always hear the voice in my head from "Star Wars" telling me to "stay on target." It's not that I'm thinking of veering off, as I want to blow up the Death Star (so to speak) as much as Luke Skywalker did. It's very hard not to act when everything seems as if it's blowing up around you. In most cases, though, buying and selling just because the market has dropped ends up being a mistake. Related: Elon Musk gets devastating news as the 'anti-Tesla' catches on Certainly, volatile markets create buying opportunities, and if you have dry powder - available cash - they're a good time to make a move. Adding a new position or buying more shares of a favorite at a favorable price can help ease the pain of deep losses. But like the young almost-Jedi looking to do the impossible, sometimes you need to just stay on target. Don't miss the move: Subscribe to TheStreet's free daily newsletter In this video, shot on a windy Celebrity Silhouette cruise ship on a day when people were panicking about President Donald Trump's tariffs, it felt like a good time to remind investors not to panic. Exhale, stay on target and, hopefully, the force will be with you. Transcript: Hello investors, I am Dan Kline. I am the co-editor of and I'm coming to you from Celebrity Silhouette. So my other job is executive editor of our cruise product, Come Cruise With Me. But as ridiculous as it is being on a blustery pool deck, I wanted to talk a little bit about market volatility and sort of reassure people. One of the things Todd Campbell, my co-editor at TheStreet here, [suggests,] and I believe [in it,] is buying really good companies and holding onto them for a very long time. If that's the strategy you've followed, it does not matter that the market is down. More Experts Treasury Secretary delivers optimistic message on trade war progressShark Tank's O'Leary sends strong message on economyBuffett's Berkshire has crucial advice for first-time homebuyers Tariffs don't matter, the president doesn't matter, Congress doesn't matter. What you need to look at is: Is this company that I believed was good - that could be Royal Caribbean, that could be Starbucks, that could be Microsoft - are those companies still what you thought they were? Now, if the CEO changed, if something fundamentally changed, maybe you don't believe in them that much. But most good companies will weather the storm. And as you go through the ups and downs of, oh my God, this happened and the market's up a thousand, remember the market has traditionally, not traditionally, has always recovered. So if you're in this for the long haul and you believe in the companies you're buying, don't look at the market every day. This isn't a baseball game. It doesn't end. It doesn't matter what the score is in the fifth inning in a 300-inning game. Remember why you invested and that is to pay for your retirement, to buy a house, to pay for a wedding, to buy a boat, whatever, to get those ab implants, whatever it is. Related: Goldman Sachs announces major change to S&P 500 forecast Remember: You have a long horizon, and even if you are retired and you're putting some of this money to work, have faith that traditionally, 12, 18 months, the market comes back. I know it's terrifying, but we are here with you. I am Dan Kline. Stay with us at The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
