Airlines
Spirit Airlines postpones special meeting on Frontier deal
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Spirit Airlines has postponed its shareholder vote scheduled for Friday to consider its tentative agreement to merge with Frontier Airlines. CNBC’s Phil LeBeau joins ‘Squawk Box’ with the details. Source
Read More
Spirit Airlines postpones shareholder meeting to continue deal talks with Frontier and JetBlue
A JetBlue Airlines plane takes off near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines is postponing its shareholder meeting, previously scheduled for Friday, until June 30 so it can continue deal talks with Frontier Airlines and JetBlue Airways, […]
Read More
Major airlines report pilot shortage weighing on flights
CNBC’s Phil LeBeau joins ‘Squawk Box’ to report how a nationwide pilot shortage is impacting the busy summer travel season. Source
Read More
Signs are pointing to a brutal summer of travel, says The Points Guy’s Brian Kelly
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brian Kelly, founder of travel website ‘The Points Guy,’ joins CNBC’s ‘Squawk Box’ with a look at the busy summer travel season. “All the signs are pointing to a pretty brutal summer,” Kelly tells CNBC regarding the forthcoming travel season. Source
Read More
Watch CNBC’s full interview with JetBlue Airlines CEO Robin Hayes
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email JetBlue Airlines CEO Robin Hayes sits down with CNBC’s Phil LeBeau to discuss the company’s enhanced deal for Spirit Airlines amid its planned merger with Frontier Airlines. Hayes also reacts to concerns that a potential deal between JetBlue and Spirit would face […]
Read More
South Korea to lift quarantine requirement for non-vaccinated foreign arrivals
Arriving passengers are assisted by quarantine workers in an arrival hall at Incheon International Airport in Incheon, South Korea, on Monday, March 21, 2022. South Korea’s prime minister on Friday said the country will lift its quarantine requirement for foreign arrivals without vaccination from June 8 and also start lifting aviation regulations imposed for international […]
Read More
Frontier offers $250 million reverse breakup fee if regulators block Spirit merger
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 Frontier Airlines’ parent company on Thursday said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don’t approve the planned combination of […]
Read More
There’s no quick fix for the airlines, aviation analyst says
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alexander Irving, an equity research analyst covering European transport at Bernstein, says the aviation industry isn’t prepared for the demand, which has roared back in recent weeks. Source
Read More
United Airlines plans $100 million expansion of pilot training center during hiring spree
A United Airlines passenger aircraft prepares to leave its gate and taxi to the runway at San Francisco International Airport in San Francisco, California. Robert Alexander | Getty Images United Airlines plans to break ground Wednesday on an expansion of its training center in Denver, an initiative aimed at getting thousands of pilots ready to […]
Read More
Delta hikes sales forecast to pre-pandemic levels thanks to jump in travel demand and fares
Delta airplanes are seen at John F. Kennedy International Airport during the spread of the Omicron coronavirus variant in Queens, New York City, U.S., December 26, 2021. Jeenah Moon | Reuters Delta Air Lines expects its revenue to return to 2019 levels this quarter thanks to a surge in travel demand and higher fares that […]
Read More