Finance Brief: Holiday Airfares Up More Than 23%, Airlines Cut Capacity and GM Hybrid Plans
Updated · 2026-10-06 10:28 · 6 sources cited
Air Travel Costs and Capacity
Holiday airplane tickets are up more than 23% this year, according to Hopper. [1] Meanwhile, airlines are trimming capacity as jet fuel prices keep climbing and travelers keep booking, according to reports. [2]
Company and Brand News
Chick-fil-A, under CEO Andrew Cathy, is expanding into new international markets and growing its menu. [3] E.l.f. Beauty released an album titled "Mirror Mix" and plans to increase its marketing spend for the rest of the year. [4]
Media and Autos
David Ellison and Ynon Kreiz announced the Skydance leadership team, including Bari Weiss, Mark Thompson and Casey Bloys; Skydance is the merged entity of Paramount Skydance and Warner Bros. Discovery. [5] GM said hybrids are coming soon and said, "We are not tone-deaf to customers"; hybrids are growing in popularity and sales continue to climb. [6]
Sources
- [1] These are the cheapest and most expensive U.S. flights this November · 2026-10-06 01:59 · www.cnbc.com
- [2] Why airfares could rise even more, but airline profits won't · 2026-10-05 20:06 · www.cnbc.com
- [3] Chick-fil-A wants to stay a family business even as it expands in the U.S. and a · 2026-10-04 20:08 · www.cnbc.com
- [4] Why brands like E.l.f., Wendy's and Gap are branching out into original music · 2026-10-04 20:00 · www.cnbc.com
- [5] David Ellison and Ynon Kreiz announce Skydance leadership team · 2026-10-05 23:51 · www.cnbc.com
- [6] GM says hybrid vehicles are coming: 'We're not tone deaf to our customers' · 2026-10-05 20:30 · www.cnbc.com