Travel
Frontier urges Spirit to delay vote again, let shareholders consider ‘best and final’ offer
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 Frontier Airlines has asked Spirit Airlines to further delay a shareholder vote on their planned merger to drum up more support from investors amid a bidding […]
Read More
American Airlines pilots get triple pay for flights dropped in glitch
American Airlines will give pilots triple pay to work flights that were mistakenly dropped due to a computer glitch this past weekend. Source
Read More
Biden taps Denver airport chief Phil Washington to head the FAA
An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images President Joe Biden on Wednesday nominated Phil Washington, the head of Denver International Airport, to lead the Federal Aviation Administration. Washington’s nomination to run the agency, which has roughly 45,000 employees, comes after […]
Read More
Tesla should have a strong second half of 2022, says Deutsche Bank’s Emmanuel Rosner
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Emmanuel Rosner, Deutsche Bank lead auto technology analyst, joins ‘Closing Bell: Overtime’ to discuss his bullish case for Tesla. 02:47 an hour ago Source
Read More
U.S. Transportation Secretary Pete Buttigieg discusses air travel problems and cancellations
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Pete Buttigieg, U.S. Transportation Secretary, joins ‘Power Lunch’ to discuss what measures Americans should expect from the government in response to airline delays and cancellations, if Buttigieg is considering strategies to mitigate economic stresses and more. Source
Read More
More than 1,800 flights canceled over holiday weekend: FlightAware
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau joins ‘Squawk Box’ to break down how major airlines held up over the busy holiday weekend amid a slew of recent delays and cancellations. Source
Read More
There are limited hopes that the airline industry’s problems will improve in the coming months, says analyst
Ruxandra Haradau-Doser, head of airlines and airports equities research at Kepler Cheuvreux, discusses employee strikes, flight cancelations and the rise in Covid rates. Source
Read More
Fourth of July travel surge puts airlines — and passengers — to the test
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Fourth of July holiday weekend will put airlines to the test after a messy spring angered travelers and drew sharp criticism from Washington. Already this year, the rate of flight cancellations and delays in June is higher than before […]
Read More
I can’t recommend buying any cruise stocks, hold sell rating on Carnival: Truist’s Scholes
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Truist analyst Patrick Scholes joins CNBC’s ‘Squawk Box’ to break down cruise stocks, which were the worst quarter performers as markets head into the second half of 2022. Source
Read More
Airlines have oversold tickets, says Allied Pilots Association’s Dennis Tajer
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Allied Pilots Association’s Dennis Tajer, a pilot with American Airlines, joins CNBC’s ‘Squawk Box’ ahead of the busy holiday travel weekend to break down whether airlines will be able to keep up with strong demand. Source
Read More