United Airlines Holdings Inc
Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue prompts the biggest changes to its business model in its 53 years of flying. […]
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Delta flight cancellations from IT outage persist through the weekend, CEO apologizes
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports. Ting Shen/Bloomberg via Getty Images Delta Air Lines CEO Ed Bastian […]
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Flight cancellations ease after IT outage but some disruptions linger
The United Airlines terminal on July 19, 2024 as a global technology outage affected LAX airport in Los Angeles. Myung J. Chun | Los Angeles Times | Getty Images Flight cancellations and delays eased on Saturday as airlines worked to recover from a global IT outage sparked chaos at airports and for other industries a […]
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Flights grounded and passengers warned of delays amid global IT outage
Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a Crowdstrike IT problem combine to affect users on July 19, 2024 in Bangkok, Thailand. Mailee Osten-tan | Getty Images News | Getty Images Several airlines halted flights on Friday, while others warned of delays and […]
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Stocks making the biggest moves midday: D.R. Horton, Domino’s Pizza, Infosys and more
Check out the companies making headlines in midday trading. D.R. Horton – Shares surged more than 12% after the company’s fiscal third-quarter results topped Wall Street expectations. The homebuilder posted earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on revenue of $9.61 billion. The […]
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Stocks making the biggest moves premarket: Domino’s, Warner Bros. Discovery, United Airlines and more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares plunged more than 13% on the company’s mixed second-quarter results. Domino’s posted $4.03 earnings per share, topping an LSEG estimate of $3.68 per share. However, revenue came in line with estimates at $1.1 billion. U.S. comparable store sales also grew slightly less […]
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Can Boeing get back to its glory days?
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max […]
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CNBC Daily Open: Rising geopolitical risk
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Stocks making the biggest moves after hours: United Airlines, Discover Financial Services, Kinder Morgan and more
Check out the companies making headlines in after hours trading. Discover Financial Services — Shares rose 2.7% after Discover Financial Services reported results from its second quarter. The bank and payments company posted net interest income of $3.52 billion, topping the FactSet consensus estimate of $3.46 billion. Earnings came in at $6.06 per share, beating […]
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United Airlines profit jumps 23%, but third-quarter forecast disappoints amid industry overcapacity
United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines‘ second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier’s results, but its third-quarter forecast came in shy of estimates as an oversupply of flights weighs on fares. United said Wednesday that it expects […]
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