Power Lunch
CNBC’s Robert Frank reports on news regarding private equity’s investment in the private flight industry.
01:59
20 minutes ago
LVMH-backed investor group takes 20% stake in private jet company Flexjet
Travel
Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold
A Southwest Airlines aircraft parks at Gate B33 while its tail sticks into the sunlight at Boston Logan International Airport in Boston, MA, on December 22, 2025. Austin DeSisto | Nurphoto | Getty Images Southwest Airlines on Wednesday forecast a surge in 2026 profits well above analysts’ expectations as the carrier overhauls its half-century-old business […]
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Travel
Southwest ends open seating after 54 years. Here’s what the last flight was like
OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of […]
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Travel
Boeing’s quarterly sales jump 57% as CEO says there’s ‘a lot to be optimistic about’
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing reported revenue ahead of Wall Street expectations for the fourth quarter as the company’s turnaround picked up steam following years of crises. The company’s airplane deliveries last […]
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