It’s pretty well accepted that no one knows as much about the plumbing of the world’s financial system as Zoltan Pozsar, global head of short-term interest-rate strategy at Credit Suisse, who was the ...
Tag: American Airlines Group Inc
Who loses if JetBlue buys Spirit? Comedians
Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessy | Lightrocket | Getty Images JetBlue‘s surprise $3.6 billion cas...
Why JetBlue is willing to shell out $3.6 billion for discount airline Spirit
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for...
JetBlue’s all-cash bid for Spirit Airlines complicates Frontier tie-up
JetBlue Airways made a $3.6 billion all-cash offer for Spirit Airlines, raising questions about Spirit’s deal to combine with rival discount carrier Frontier Airlines. Spirit said its board was ...
Airlines cancel hundreds of weekend flights as storms sweep through Florida
A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands ...
Amazon renews Prime credit card pact with JPMorgan after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiat...
International travel return sparks battle for high spending passengers
A Singapore Airlines A380 first class suite Leslie Josephs | CNBC Singapore Airlines this week unveiled its highest-end offering in the U.S: first-class suites that feature a bed, a swivel chair, 32-i...
Delta’s health chief thinks the plane mask mandate will soon be lifted
Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., on Wednesday, April 7, 2021. Elijah Nouve...
Businesses oppose Florida’s ‘Don’t Say Gay’ bill banning talk of LGBTQ issues in public schools
Revelers celebrate on 7th Avenue during the Tampa Pride Parade in the Ybor City neighborhood on March 26, 2022 in Tampa, Florida. The Tampa Pride was held in the wake of the passage of Florida’s...
Southwest Airlines launches a new, second-cheapest fare
A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Robert Alexander | Archive Photos | Getty Images Southwest Airlines on Thursday unveiled its ne...
Alaska Airlines flight attendants get double pay to pick up shifts
A Boeing 737-990operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in the Queens borough of New York City. Bruce Bennett | Getty Images Alaska Airlines is offering flight attend...
China plane crash ‘unprecedented’ given good safety record: Analyst
For an aircraft like China Eastern‘s Boeing 737-800 to crash in midflight is “simply unprecedented,” said one aviation analyst who cited the plane’s excellent safety record. &#...
Last week’s rally is a reminder to watch for a bounce during market downturns, Jim Cramer says
The stock market’s recovery last week is proof that investors should always watch for bounce, even when all seems hopeless, CNBC’s Jim Cramer said Monday. “The most important lesson ...
Aviation internet market ripe for overhaul
A passenger plane takes off from Frankfurt Airport. The aviation industry is particularly hard hit by the effects of the global Corona pandemic. Picture alliance | Getty Images WASHINGTON – Elon Musk&...
American Airlines will resume alcohol sales on flights April 18
An American Airlines flight attendant serves drinks to passengers after departing from Dallas/Fort Worth International Airport in Texas. Robert Alexander | Archive Photos | Getty Images American Airli...
Airlines bet surge in travel will help offset fuel costs
American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC Travel demand has bounced back faster than expected this year, major airlines said Tuesday, a welcome trend for an industry battered...
American Airlines, Starbucks, Peloton and more
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies makin...
Boeing airplane deliveries slipped in February, Dreamliner problem lingers
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters Boeing delivered 22 jetliners to customers in February, its fewest sinc...
Bed Bath & Beyond, United, PVH and more
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday tr...
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their...
Spirit Airlines plans Miami, Atlanta crew bases this year as it takes on rivals
A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines is planning to ...
I will only recommend stocks with actual earnings
Crispr Therapeutics: “They’re estimated to lose a lot of money. But more importantly, this is the kind of company right now that is so out of favor that, unless you are willing to take a b...
Here are the 5 most valuable airline and hotel rewards programs
An Alaska Airlines jet lands at Los Angeles International Airport on Feb. 7, 2022. Alaska’s Alaska Miles topped NerdWallet’s ranking of airline programs for 2022. George Rose | Getty Image...
MoneyGram, Constellation Brands, Marriott and more
The logo of MoneyGram seen at a sore in San Ramon, California, on March 26, 2019. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. MoneyGram Internati...
Here’s what the Spirit and Frontier airlines merger means for travelers
Spirit Airlines and Frontier Airlines expanded aggressively over the last decade offering travelers no-frills service in exchange for ultra-low airfares. Their executives vow to keep it that way, even...
Frontier and Spirit to merge creating 5th largest airline in U.S.
Frontier Airlines and Spirit Airlines, the two largest low-cost carriers in the U.S. have agreed to merge, creating what would become the fifth largest airline in the country. The boards of both compa...
Southwest will bring booze back on board Feb. 16 after nearly two years
Travelers wait to check in at the Southwest Airlines ticketing counter at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch | Getty...
Bob Jordan is now Southwest Airlines’ new CEO. Here’s what’s on his plate
Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York City, U.S., December 9, 2021. Brendan McDermid | Reute...
Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights
A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 t...
Massive winter storm grounds hundreds of flights across the U.S.
Travelers wait at the check-in counters of Southwest Airlines at Dallas Love Field Airport in Dallas, Texas, the United States, Dec. 17, 2021. Guangming Li | Xinhua News Agency | Getty Images Airlines...