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FAA Delays Over 4,000 Flights at JFK, Newark, LaGuardia, Philadelphia on July 16-17
More than 500 flights were cancelled and over 4,000 delayed at New York area airports on July 16-17, 2026. FAA cited weather and air traffic control staffing shortages for the disruptions.
Melia Hotels Stock Steady on Earnings Recovery from Tourism Revival
Shares of Melia Hotels traded steadily in 2026, reflecting improved revenue and profit amid tourism recovery. The company reported several billion euros in revenue and a return to positive net profit driven by leisure travel and operational efficiencies.
ITC Hotels Posts 36% Q1 Profit Rise, Acquires GHK Hospitality’s Ahmedabad Hotel
ITC Hotels reported a 36% rise in Q1 FY27 net profit to ₹181.91 crore and signed an agreement to acquire full ownership of GHK Hospitality and Infrastructures Ltd. The acquisition includes Welcomhotel Ahmedabad, a 130-room property valued at Rs 155 crore.