China’s fresh blockade of food imports from Taiwan wasn’t enough to further destabilize markets nervous about House Speaker Nancy Pelosi’s historic visit to the island. Beijing’s four days of military...
Tag: Airlines
JetBlue shares tumble as costs push it to a loss despite profit forecast on higher fares
JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways shares tumbled more than 6% Tues...
Boeing Stock Rises as Strike Temporarily Averted, 787 Cleared for Deliveries
Text size The Federal Aviation Administration gave clearance to Boeing to begin deliveries of the 787 Dreamliner after approving the company’s plan to correct production problems with the aircra...
Southwest Airlines Introduces A Perk Customers Will Love
The airline industry, as well as the world at large, was grounded once covid hit in March of 2020. Eventually some flights were available in 2020 with enhanced safety precautions, but relatively few p...
A Spirit Deal Is Finally Here. Why J.P. Morgan Says Sell the Stock.
Text size Spirit stock is up more than 17% in 2022. Joe Raedle/Getty Images JetBlue reached a deal to purchase Spirit on Thursday, but while that company prepares to buy Spirit for $33.50 a share, J.P...
How JetBlue’s takeover of Spirit could change air travel
Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itsel...
Pilots describe toxic culture and airline errors
The chaos engulfing many major airports in North America and Europe since summer began hasn’t abated much, and news outlets and social media users continue to report on hordes of impatient trave...
JetBlue Reaches Deal to Acquire Discount Carrier Spirit Airlines
If the proposed acquisition of Spirit Airlines by JetBlue gets regulatory approval, it will lead to the creation of the fifth largest airline in the United States. American low-cost airline and the s...
JetBlue won the battle for Spirit. Now it has to win over Biden’s Justice Department
JetBlue Airlines and Spirit Airlines are seen on the departure board in the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBl...
JetBlue to buy Spirit for $3.8 billion after monthslong fight for discounter
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
Spirit And Frontier Airlines Cancel Merger Plans—Opening Door For JetBlue’s Offer
Topline Spirit Airlines and Frontier Airlines canceled their agreement to merge Wednesday, opening the door to rival airline JetBlue, which has also submitted a bid to acquire Spirit. Spirit Airlines ...
Spirit Airlines, Frontier terminate deal that was marred by JetBlue’s rival bid
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spi...
Spirit shareholders to finally vote on Frontier deal clouded by rival JetBlue bid
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines sha...
Boeing (BA) 2Q 2022 earnings fall short of estimates
An aerial view of Boeing 777X and Boeing 737 MAX 10 airplanes parked at King County International Airport-Boeing Field, in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing on Wednesd...
The cheapest and most expensive cities in Europe to visit this year
It may seem paradoxical, but a trip to Europe may be a way to save money on travel this year. Amid a global scramble to find ways to save money while traveling, hotel rates dropped in many European ci...
Sen. Lindsey Graham introduces legislation to raise mandatory pilot retirement age to 67
A pilot views a departure board at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images As the country’s pi...
Big Themes From Large U.S. Airlines’ Second Quarter Earnings
The three largest U.S. airlines — American, United, and Delta — have reported their second quarter … [+] 2022 earnings. While some positive signs for the industry are evident, a common set of is...
U.S. Flights And Cargo Play Key Role In Recovery
Bilal Eksi, CEO, general manager and member of the board of Turkish Airlines Turkish Airlines Bilal Ekşi, CEO, general manager and member of the board, of Turkish Airlines is bullish on the airline’s ...
UK faces a summer of strikes as historic inflation and falling real wages bite
LONDON, ENGLAND – JUNE 25: A view of the crowd at the RMT strike rally at Kings cross station on June 25, 2022 in London, United Kingdom. The biggest rail strikes in 30 years started on Monday n...
AI Ethics And Autonomous Systems Lessons Gleaned From That Recent Alaska Airlines Flight Where The Pilot And Co-Pilot Disagreed Prior To Taking Off And Abruptly Opted To Taxi Back To The Terminal And Go Their Separate Ways
How are we going to handle professional disagreements between a human in-the-loop and an AI … [+] autonomous system? getty Airlines have been in the news quite a bit lately. We are in the summer...
American Airlines (AAL) 2Q 22 earnings
American Airlines posted its first quarterly profit since the Covid pandemic started without government aid but joined competitors in scaling back growth plans after a host of disruptions this year. T...
Here’s the incredibly strong signal for stocks that is coming from the corporate bond market
Is it a false dawn in the stock market or is there something real? The S&P 500 has never lost ground over the following year when advancing volume was at least 85% of volume for two out of three d...
Airlines criticized for betting on alternative fuels
One of the ways that the sector is seeking to replace conventional fossil jet fuel is by exploring the use of sustainable aviation fuels, or SAF. Justin Tallis | Afp | Getty Images FARNBOROUGH, Englan...
United Airlines (UAL) 2Q 2022 earnings
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines on Wednesday notched a key profit milestone in its pa...
Far from Putin’s claims of resilience, Russian economy is being hammered by sanctions and exodus of international companies, Yale report finds
Media reports trumpeting the resilience of the Russian economy in the face of the international response to its invasion of neighboring Ukraine are based on misunderstandings that don’t reflect what’s...