Delta Air Lines Inc
Big banks’ earnings and a hot inflation report could sway markets in short holiday week
A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and […]
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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 cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite sources […]
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Here’s why people are still flipping out on airliners
Incidents involving unruly passengers in the United States are decreasing. But the good news may end there. On average, there were about 500 reports of unruly passengers per month in 2021, according to the U.S. Federal Aviation Administration. In the first three months of 2022, this number fell to about 350 reports per month, according […]
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Airlines cancel hundreds of weekend flights as thunderstorms 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 more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 U.S. […]
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Airlines offer luxury suites, roomier seats in battle for high-paying travelers as international trips return
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-inch touch screen and a desk adorned with an orchid. They are each 50 square feet, and there are two bathrooms for the six […]
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Why Delta Air Lines’ health chief thinks the airplane 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 Nouvelage | Bloomberg | Getty Images Delta Air Lines Chief Health Officer Henry Ting said that he believes that the federal mask mandate for airports and airplanes […]
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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 new fare class: a second-cheapest option it hopes will reel in customers willing to pay up for more flexibility. The “Wanna Get Away Plus” fare […]
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Last week’s rally is a reminder to watch for bounces 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 of last week is that you never want to get too negative, because once the market gets oversold, it doesn’t take much good news to create […]
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SpaceX’s Starlink sees the in-flight internet market as ripe for an overhaul, executive says
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’s SpaceX believes an aviation-specific antenna may be revolutionary for connecting Starlink, its global high-speed internet service, with airplanes. “Connectivity on airplanes is something […]
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Stocks making the biggest moves premarket: FedEx, GameStop, Moderna and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx earned an adjusted $4.59 per share for its latest quarter, missing estimates by 5 cents, though the delivery service’s revenue beat analyst forecasts. FedEx’s bottom line was impacted by worker shortages stemming from the Covid-19 omicron variant outbreak during the quarter. FedEx […]
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