DIRS.INFO The most relevant business & tech news

Bilt, the company that awards points when you pay rent, adds Alaska Airlines as a transfer partner. However, Bilt will lose American Airlines as a points transfer partner in June 2024. Noteworthy Alaska Airlines partners include oneworld alliance partners American Airlines, British Airways, Cathay Pacific, Japan Airlines, Qantas, and Qatar. In addition to Alaska Airlines, Bilt partners with American Airlines, Aer Lingus, Air Canada, Avianca, British Airways, Cathay Pacific, Emirates, Air France-KLM, Hawaiian AIrlines, Iberia, IHG, Marriott, Turkish Airlines, Virgin Atlantic, United Airlines and Hyatt. Bilt and American Airlines will part ways in June, three years after their partnership initially began.

Persons: Bilt, — Organizations: Alaska Airlines, Alaska Airlines cardholders, American Airlines, Service, oneworld, British Airways, Cathay, Japan Airlines, Qantas, luxe, Air, Singapore Airlines, Mastercard, Aer Lingus, Air France, KLM, Hawaiian AIrlines, Turkish Airlines, Virgin Atlantic, United Airlines, Hyatt Locations: Alaska, Cathay Pacific, Qatar, Air Canada, Emirates, Air, Iberia, IHG, Marriott

☆ 4 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-02-17 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

A hotter-than-expected consumer price index on Tuesday sent stocks reeling, with the Dow posting its biggest drop in a year. Stocks bounced back over the next two days, helped by a softer retail sales report , only to slump again on Friday's hot producer price index for January. As we said this week, we're not overly concerned with the hotter-than-expected inflationary readings. Earnings season picks back up for the Club next week, with four holdings set to report quarterly results. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Wall, Stocks, we're, Palo, Fortinet, BCH's Bausch, Management doesn't, Dana, Bausch, Dr Pepper, Diana Shipping, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Dow Jones Industrial, Nasdaq, Dow, Federal Reserve, Club, Palo Alto, Palo, billings, Nvidia, Amazon, Microsoft, Bausch Health, Coterra Energy, Management, NYSE, Walmart, Axsome Therapeutics, Barclays Bank, Armstrong World Industries, Ceragon Networks, Tri Pointe Homes, Dana Incorporated, DigitalBridge, Oil States International, Systems, Allegion, CenterPoint Energy, Equitrans Midstream Corporation, Expeditors International of Washington, Alto Networks, SolarEdge Technologies, Enovix Corporation, Caesars Entertainment, Diamondback Energy, Toll, Ternium S.A, Celanese Corp, Chesapeake Energy, CVR Energy, Reserve, Vertiv Holdings Co, Properties Trust, Devices, HSBC Holdings plc, HSBC, Lomb, Sinclair Corporation, Pagaya Technologies, Gibraltar Industries, Garmin, NVIDIA, Rivian Automotive, Sunnova Energy International, Bros, Apache, Oil, Suncor Energy, Co, FNF, Sciences, Coeur D'Alene Mines, Trip.com, Joby Aviation, Resources, Alamos, Jackson, Nutrien, NTR, Pan, Sm Energy Company, Health, Newmont, Nikola Corporation, Cheniere Energy, Fiverr, Natural Resources, Point Credit, Lantheus Holdings, Builders, Grab Holdings, NICE, Dominion Energy, Harmony Biosciences Holdings, Teck Resources Limited, Intellia Therapeutics, Energy, Booking Holdings, Intuit, Semiconductor, Nation Entertainment, Vale S.A, Rocket Companies, Warner Bros ., AerCap Holdings, Natural Holdings, Calumet Specialty Products Partners, Frontier Communications, Jim Cramer's Charitable, CNBC, Lightrocket, Getty Locations: billings, Palo Alto, China, Xifaxan, Tri Pointe, Avista, Gibraltar, Coeur D'Alene, Pan American, Teck, Vale

☆ Five defensive stocks to buy now if you think there's recession risk ahead
▼ + stars: | 2023-12-26 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

CVS YTD mountain CVS stock has fallen 15% from the start of the year. KR YTD mountain Kroger stock has added nearly 2% from the start of the year. AER YTD mountain AerCap stock has rise nearly 28% from the start of 2023. GM YTD mountain General Motors stock has gained 8% in 2023. GPN YTD mountain Global Payments stock has risen 27% year to date.

Persons: Patrick Kaser, Kaser, Kroger, there's, AerCap, Kaser's, Aengus Kelly Organizations: Brandywine Global, CNBC, CNBC Fed Survey, Federal Reserve, CVS, Kroger, Albertsons, KR, Aerospace, Motors, United Auto Workers, UBS, GM, General Motors, Global Locations: Brandywine, U.S, Walmart's heft

☆ 10 best ways to use Chase points for travel
▼ + stars: | 2023-11-29 | by ( Jennifer Yellin | Andrew Kunesh | ) edition.cnn.com time to read: +23 min

The Chase Sapphire Reserve and Chase Sapphire Preferred cards are currently offering 75,000 bonus points after you spend $4,000 in the first three months of account opening. These cards earn Chase Ultimate Rewards® points which are some of the most valuable and flexible travel rewards points out there. But before you apply, let’s take a look at some of the best ways to redeem Chase Ultimate Rewards points for travel. Best ways to redeem Chase Ultimate Rewards pointsYou can book KLM business class by transferring Chase points to Air France-KLM Flying Blue. Use the Chase Travel portal to book any flightBook flights on any airline with the Chase Travel portal.

Persons: , you’ve, Air Canada Aeroplan, Chase, Kyle Olsen, —, Holly Johnson, Ziva, Eliyahu Parypa, that’s, that’ll, You’ll, you’ll, United Chase, MileagePlus, Aeroplan, Singapore Airlines KrisFlyer, it’s, you’re Organizations: CNN, American Express, Chase Sapphire, Chase, Hyatt, United MileagePlus, Air Canada, Chase Travel, KLM, Air France, Blue, CNN, United Airlines, Aer Lingus AerClub Air Canada Aeroplan Air France, KLM Flying Blue British Airways Executive Club Emirates, JetBlue, Singapore Airlines, Rapid, United, Virgin Atlantic Flying, redemptions, you’ll, Southwest Airlines, British Airways, Images British Airways, Oneworld, Alaska Airlines, American Airlines, British Airways Executive Club, British Airways Executive, Miami . British Airways, British, Air Canada's, Air, Star Alliance, Minneapolis . Air, Midwest, Singapore Airlines ’, Aloha State, Iberia Airlines, Iberia Avios, Sapphire, Virgin Points, All Nippon Airways, All Nippon Airways One, Virgin Atlantic, ANA, Virgin, Virgin Atlantic Virgin Points Delta Air, Virgin Atlantic Virgin, Delta Air Lines, Chase Sapphire Reserve, Ink Locations: United, Japan, Iberia, Mexico, Bay, Jamaica, Cancun, Chicago, New York, United States, Caribbean, Washington, American, Alaska, Atlanta, Miami, Minneapolis, Minneapolis . Air Canada, Newark, Fort Lauderdale, Hawaii, East, Aeroplan, United Airlines, iStockphoto Hawaii, Los Angeles, Kona, Spain, Europe, United Kingdom, Madrid, Barcelona, Boston, Iberia Iberia, San Francisco, Tokyo, Amsterdam, Rome, Paris, Delta

☆ The new breed of long-haul, low-cost airlines: What you need to know
▼ + stars: | 2023-10-30 | by ( John Walton | ) edition.cnn.com time to read: +8 min

CNN —You’ve seen them on TikTok and on Instagram: people flying on the new generation of long-haul, low-cost airlines where the fares sound too good to be true. By and large, long-haul, low-cost airlines focus on four specific markets: transatlantic, transpacific, southeast Asia and Australia. With a home base at Narita international airport, Zipair Tokyo is Japan Airlines' low-cost arm. Yoshio Tsunoda/AFLO/ShutterstockHome base: Tokyo (Narita, the airport an hour away from the city)Notable routes: Honolulu, LA, SF, San Jose (CA)Flies: Boeing 787sWhat you need to know: This is Japan Airlines’ low-cost arm. Scoot is Singapore Airlines' low-cost arm.

Persons: CNN — You’ve, ” you’ll, Markus Mainka, Pawel Gradek, Yoshio Tsunoda, Edgar Su, “ Organizations: CNN, Boeing, Airbus, That’s, AirAsia X, Buenos Aires, British Airways, Aer Lingus, Atlantic, Atlantic Airways, Air Premia, Premia, Narita, Japan Airlines, Japan Airlines ’, Singapore Airlines, Reuters, Singapore Airlines ’, Qantas, Getty, Jetstar, London, AirAsia Locations: New York, Paris, Asia, Australia, Paris Orly, Orly, LA, Miami, NY, France, Barcelona, Boston, Buenos, Santiago de Chile, IAG, Iberia, Aer, Oslo, London, Gatwick, Berlin, Rome, Chicago, Orlando, Seoul, Incheon, Honolulu , LA, Newark, Frankfurt, Tokyo, Japan, Narita, Jose, Scoot, Singapore, Athens, New Zealand, Southeast Asia, AFP, Honolulu, Kuala Lumpur

GE shares were up 6% at $113.14 in pre-market hours. The Boston-based group now expects 2023 adjusted profit per share of $2.55 to $2.65, compared with an earlier forecast of $2.10 to $2.30. "At GE Aerospace, we continue to experience rapid growth driven by robust demand and solid execution, largely in commercial engines and services," CEO Larry Culp said in a statement. GE's aerospace unit, which makes engines for Boeing Co (BA.N) and Airbus (AIR.PA) jets, posted double-digit growth in orders, revenue and profit from a year earlier. Shares of its aerospace unit will continue GE's listing on the New York Stock Exchange under the ticker symbol "GE", the company said.

Persons: Benoit Tessier, Larry Culp, RTX, Pratt, Whitney, Culp, Rajesh Kumar Singh, Sriraj Kalluvila, Jason Neely, Jan Harvey Organizations: Electric, GE, Boeing, Paris, REUTERS, General, GE Aerospace, Boeing Co, Airbus, New York Stock Exchange, AerCap Holdings, Thomson Locations: Le Bourget, Paris, France, Boston, Chicago, Bengaluru

☆ GE to sell stake in aircraft leasing provider AerCap
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Aly Song Acquire Licensing RightsSept 11 (Reuters) - AerCap Holdings NV (AER.N) said on Monday a unit of General Electric Co (GE.N) will sell 32.4 million shares in the aircraft leasing giant through an underwritten public offering. The transaction will be worth $2 billion based on AerCap's closing price, according to LSEG data, and follows a sale by GE of 18 million shares in March. GE said in March 2021 it will "over time" sell its stake - 33.6% as per latest LSEG data - after AerCap bought the conglomerate's aircraft leasing unit in a $30 billion deal. AerCap also agreed on Monday to repurchase 12.2 million shares, worth $750 million. GE Capital US Holdings Inc expects to grant the underwriters a 30-day option to purchase up to 4.9 million additional ordinary shares.

Persons: Aly, AerCap, Goldman Sachs, Morgan, Kannaki, Sriraj Organizations: Electric, GE, Artificial Intelligence, REUTERS, AerCap Holdings, General Electric Co, GE Capital US Holdings Inc, Citigroup, Barclays, BofA Securities, Thomson Locations: Shanghai, China, Dublin, Bengaluru

☆ GE to sell $2.44 bln stake in aircraft leasing provider AerCap
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

AerCap said GE Capital U.S. Holdings will sell about 40.7 million shares of the company at $59 per share. The offering was upsized from the previously announced 32.4 million shares. The transaction follows a sale of 18 million shares by GE in March. In March 2021, GE said it would "over time" sell its stake - 33.6% as per latest LSEG data - after AerCap bought the conglomerate's aircraft leasing unit in a $30 billion deal. AerCap also agreed on Monday to repurchase about 15.3 million shares, worth about $878 million, at $57.53 per share.

Persons: Aly, AerCap, Goldman Sachs, Morgan, Kannaki Deka, Sriraj Kalluvila Organizations: Electric, GE, Artificial Intelligence, REUTERS, AerCap Holdings, General Electric Co, GE Capital U.S . Holdings, GE Capital, underwriters, Citigroup, Barclays, BofA Securities, Thomson Locations: Shanghai, China, Dublin, Bengaluru

Signage is seen inside the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. The answer to that is yes," Neal told Reuters in an interview. "Absent UN intervention and UN clearance, we would not sanction the insurance," Neal said. The Lloyd's market estimated loss, net of reinsurance, from the Ukraine conflict was 1.6 billion pounds ($2 billion), he added. Lloyd's recorded a first-half pre-tax profit of 3.9 billion pounds ($4.9 billion) versus a loss of 1.8 billion pounds in the first half of 2022, helped in part by higher premium rates.

Persons: Hannah McKay, John Neal, Neal, Beazley, Adrian Cox, Cox, Lloyd's, Beazley's Cox, Sinead Cruise, Jan Harvey Organizations: REUTERS, United Nations, NATO, Moscow, Reuters, UN, Aeroflot, Thomson Locations: London, City, Britain, Turkey, Russia, Ukraine, Taiwan, Moscow

☆ Lessor AerCap agrees settlement over Aeroflot jets stranded in Russia
▼ + stars: | 2023-09-06 | by ( Conor Humphries | ) www.reuters.com time to read: +4 min

Before last year's invasion of Ukraine, Russia was a major market for aircraft lessors, which bought jets from Boeing (BA.N) and Airbus (AIR.PA) and leased them to Russian airlines. Aeroflot said in a statement that ownership of 18 aircraft and five engines had transferred to NSK following settlement with AerCap. AerCap filed a $3.5 billion London lawsuit last year against AIG and Lloyd's over 141 aircraft and 29 aircraft engines it owned that were on lease to Russian airlines. AerCap said settlement discussions were ongoing with respect to claims under the insurance policies of several other Russian airlines. AerCap in March said it had been approached by Russian airlines and their insurance companies about possible settlements for the stranded planes.

Persons: BOE, Denis Balibouse, AerCap, lessors, Conor Humphries, Gleb Stolyarov, Kirstin Ridley, Jason Neely, David Evans, Peter Graff Organizations: Airbus, Russian, Aeroflot, REUTERS, DUBLIN, NSK, Rossiya, Boeing, U.S . Treasury, Commerce, AIG, SMBC Aviation, Reuters, Thomson Locations: Geneva, Switzerland, Russia, Ukraine, Ireland, Moscow, NSK, AerCap, EU

☆ What are neopronouns and how do you use them?
▼ + stars: | 2023-08-12 | by ( Scottie Andrew | ) edition.cnn.com time to read: +12 min

And then there are neopronouns (“new” pronouns), gender-neutral or nonbinary pronouns that are distinct from the common she, he and they. All pronouns indicate identity and can be used to include or exclude people they describe — neopronouns included, said Dennis Baron, one of the foremost experts on neopronouns and their histories and an emeritus professor of English and Linguistics at the University of Illinois at Urbana-Champaign. Other neopronouns are completely original to their user – some may choose to select a noun to describe themselves, like “star” or “starself” in place of binary pronouns like “she” or “herself.” These are called nounself neopronouns, but more on those later. Why people use neopronounsPeople may use neopronouns for the same reason someone else uses “she” and/or “they” — neopronouns may better align with one’s identity. An intro to nounself neopronounsLeaf, sun, star — nounself pronouns are neopronouns that use nature and other inspirations as nonbinary or genderless descriptors.

Persons: CNN —, ”, they’re, Dennis Baron, ” Baron, “, ” Neopronouns, Janelle Monáe, Emma Corrin, Jonathan Van Ness, Neopronouns, nonbinary, Baron, xyr, heer, ze, Ze, hirself, fay, Fae, Ey, —, Dua Saleh, who’s, Saleh, ” “, ” Saleh, aren’t, ” CNN’s Harmeet Kaur, he’s, “ heer, himer ”, Ella Young, ” Young, JWL, Noah Webster’s, Webster, thon ”, Charles Crozat Converse, thon, Michael Spivak, Jason D’Angelo, fandoms, Ehm Hjorth Miltersen, one’s, ” Miltersen, Miltersen Organizations: CNN, University of Illinois, “, Human Rights, Human, Netflix, Chicago Tribune, Sacramento Bee, Merriam, Webster, New York Times Locations: Urbana, Champaign, England, ”, Chicago

☆ Aircraft lessors set for June 2024 trial over Russia insurance claims
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File photoDUBLIN, July 31 (Reuters) - Some of the world's largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft stuck in Russia, a lawyer for one of the lessors said on Monday. Those steps include finding a venue large enough for the 180 attendees Smith said were expected at the trial each day. Justice Denis McDonald told a packed hearing last month that no court in Ireland was large enough to hear the case. The world's biggest aircraft lessor, Irish-based AerCap (AER.N), is pursuing its insurance claims through London's High Court. AerCap's Chief Financial Officer said on Monday that it continued to have discussions with Russian insurers on a potential settlement regarding some of its aircraft stranded in Russia.

Persons: Dado Ruvic, Lessors, Kelley Smith, Avolon, Smith, Denis McDonald, we're, Peter Juhas, Padraic Halpin, Mark Potter Organizations: SMBC Aviation, REUTERS, BOC Aviation, HK, CDB Aviation, Nordic Aviation Capital, Carlyle Aviation Partners, world's, Thomson Locations: Russian, DUBLIN, Russia, Ukraine, Ireland, London's

☆ On tap this week: Jobs report plus 10 key earnings. Here's what we want to see
▼ + stars: | 2023-07-29 | by ( Zev Fima | ) www.cnbc.com time to read: +18 min

All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.

Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho

But so far, IAG had not seen "any weakness into Q3 and Q4", finance chief Nicholas Cadbury added. In May, it said it expected annual profit above 2.3 billion euros ($2.5 billion), and analysts' consensus forecast stands at 2.8 billion euros. For the three months to the end of June, the group recorded an operating profit before exceptional items of 1.25 billion euros, compared to the 895 million euros analysts were on average expecting. "These numbers will help push expectations for this year strongly through the 3 billion euro operating profit level," Goodbody analysts said. ($1 = 0.9106 euros)Reporting by Sarah Young; Editing by Kate Holton and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Luis Gallego, IAG, Nicholas Cadbury, Sarah Young, Kate Holton, Mark Potter Organizations: British Airways, Air France, KLM AIRF.PA, Ryanair, Aer Lingus, Thomson Locations: Iberia, Aer, IAG, Europe

☆ British Airways-owner IAG beats forecasts, mindful of uncertainty ahead
▼ + stars: | 2023-07-28 | by ( ) www.cnbc.com time to read: +1 min

IAG's quarterly profit beat analyst forecasts by 40% and the British Airways parent company said the outlook for summer travel was encouraging, although it warned it was "mindful" of uncertainty in the wider economy. IAG, which also owns Iberia, Aer Lingus and Vueling, did not on Friday provide an update on its full-year guidance. It had said in May it expected annual profit above the top end of a 1.8 billion euros to 2.3 billion euros range. IAG said in its statement that while there was no sign of weakness in forward bookings it was "mindful of wider uncertainties that might affect the full year." For the three months to the end of June, the group recorded an operating profit before exceptional items of 1.25 billion euros ($1.37 billion), compared to the 895 million euros analysts were on average expecting.

Persons: IAG Organizations: British Airways, Aer Lingus, Air France, KLM, Friday, Ryanair, British, Heathrow Locations: Iberia, Aer, Europe

☆ Airlines report soaring profits amid travel demands
▼ + stars: | 2023-07-28 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

CNN —International airlines have reported significant profits this year, boosted by strong demand for leisure travel – and events, such as the World Cup, which gave Qatar Airlines an enormous lift. On Thursday, International Airlines Group, which includes Aer Lingus and British Airways, announced a record profit of about $1.4 billion for the first half of the year. “Customer demand remains strong across the Group, particularly for leisure travel, with around 80% of passenger revenue for the third quarter already booked. Qatar Airways reported a $1.2 billion profit for the past fiscal year, ascribing its strong performance to December’s FIFA World Cup. In its report, Qatar Airways said that, throughout the 2022 World Cup, the company operated around 140,000 flights to bring more than 1.4 million people to Qatar.

Persons: Luis Gallego, Benjamin Smith, Akbar Al Baker, Michael O’Leary, – CNN’s Mostafa Salem, Pierre Meilhan Organizations: CNN — International, Qatar, International Airlines Group, Aer Lingus, British Airways, KLM Group, Amsterdam Schiphol Airport, Olympic, Paralympic Games, Air, Qatar Airways, KLM, FIFA, Ryanair, Europe’s Locations: AirFrance, Amsterdam, France, Air France, Qatar

☆ Imperial Oil spill into lagoon contaminates flock of Canada geese
▼ + stars: | 2023-07-26 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

July 26 (Reuters) - Canada's Imperial Oil (IMO.TO) spilled crude oil into a process-water lagoon at its Mahihkan plant in northern Alberta, contaminating a flock of geese, the Alberta Energy Regulator (AER) said on Wednesday. The spill of around six barrels of oil, which took place on Monday, is the latest environmental lapse by the oil sands company. Earlier this year it emerged that toxic tailings water had been seeping for months from Imperial's Kearl mine, and a second separate leak occurred in February. Twelve Canada geese became smeared with oil after landing on the lagoon, the AER said in an incident report on its website. In the last week a dead frog and two dead minnows were found near the seepage site and were collected for additional testing, Imperial said.

Persons: Lisa Schmidt, Imperial, Schmidt, Nia Williams, Sandra Maler Organizations: Alberta Energy Regulator, Imperial, Thomson Locations: Alberta, Imperial, British Columbia

☆ Capital One Venture vs. Chase Sapphire Preferred: Which is right for you?
▼ + stars: | 2023-07-13 | by ( Ariana Arghandewal | ) edition.cnn.com time to read: +13 min

Here’s a look at the Capital One Venture vs. Chase Sapphire Preferred. Capital One Venture vs. Chase Sapphire PreferredFirst, let’s take a look at all the key details of these two cards side-by-side:Capital One Venture Rewards Credit Card Chase Sapphire Preferred Card Welcome bonus 75,000 bonus miles after spending $4,000 on the card in the first three months. The Capital One Venture and the Chase Sapphire Preferred are two popular rewards credit cards that offer a variety of benefits to cardholders. Getty ImagesThe Chase Sapphire Preferred has better travel and purchase protections than the Capital One Venture. Capital One Venture Rewards Credit Chase Sapphire Preferred Card Extended warranty Yes.

Persons: Chase, We’ll, you’re, Chase doesn’t, United MileagePlus, Wyndham Organizations: CNN, American Express, Chase, Capital, One Venture, Venture, Chase Sapphire Preferred, Chase Sapphire, Rewards, Hertz, Sapphire, TSA Precheck, Preferred, Rapid, Hyatt, Sapphire Preferred, Air France, KLM, Blue, Air Canada Aeroplan, British Airways Executive Club, Emirates Skywards, Singapore Airlines, Turkish Airlines Miles, Aeromexico Club Premier Air Canada Aeroplan Air France, British Airways Executive Club Cathay, Asia Miles Emirates, Etihad, Finnair, Qantas Frequent Flyer Singapore Airlines KrisFlyer TAP Air Portugal Turkish Airlines Miles, Smiles, Airlines Aer Lingus AerClub Air Canada Aeroplan Air France, KLM Flying Blue British Airways Executive Club Emirates, JetBlue, United, Virgin Atlantic Flying, Travel, Auto, Chase Capital Locations: Air, Hawaii, United, Iberia

Compare Sapphire Preferred and Ink Business Preferred Chase Sapphire Preferred® CardInk Business Preferred® Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Here's a detailed look at the biggest differences between the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card. The other major difference is that the Ink Business Preferred® Credit Card offers cell phone protection against theft or damage. Chase Sapphire Preferred Compared to Ink Business PreferredThough similar — each charges a $95 annual fee that is not waived the first year — the Sapphire Preferred and Ink Business Preferred® Credit Card have different welcome bonus requirements and bonus spending categories. If you're thinking of getting both cards, apply for the Ink Business Preferred® Credit Card first.

Persons: Chase, We're, Chase Sapphire, Eric Rosen Eric Rosen, you'll, Condé Organizations: Chase, Sapphire, Chevron, Target, Walmart, Reading Chevron, Chase Sapphire, Travel Shipping, Ink, Apple, Lingus AerClub Air Canada Aeroplan Air France, KLM Flying Blue British Airways Executive Club Emirates, JetBlue, Singapore Airlines, Southwest Airlines Rapid, United, Virgin Atlantic Flying, Hyatt Travel, Card, Business, Chase Travel, National Geographic, Bloomberg Locations: Iberia, Los Angeles, Australia, Kenya, Laos

☆ The CEO of Malaysia Airlines, Captain Izham Ismail, went from selling snacks as a child to running a fleet of airplanes
▼ + stars: | 2023-07-02 | by ( Chris Johnston | ) www.businessinsider.com time to read: +6 min

Captain Izham Ismail started flying for Malaysia Airlines in 1979 and became its CEO in 2017. Yet despite coming from such a modest background, Ismail went on to become a pilot and then run Malaysia Airlines, one of the world's oldest carriers. Ismail started flying for Malaysia Airlines in 1979, became a captain and a decade later was selected for its senior management training scheme. After running one of its regional carriers and becoming group chief operating officer, Ismail was elevated to CEO of Malaysia Airlines in 2017. Malaysia Airlines has 11,000 staff, down from 35,000 two decades ago, and flies to almost 50 destinations, mostly in Asia, with 106 aircraft that are all leased.

Persons: Izham Ismail, Ismail, it's, —, Captain Izham Ismail, –, Mohd Rasfan, Khazanah, Christopher Mueller, He'd, Sabena, Mat Zain Organizations: Malaysia Airlines, Service, Bournemouth University, Philippine Airlines, MIT, Stanford, Boeing, Netflix, Aer Lingus, Germany's Lufthansa, Malaysian, British Airways, American Airlines . Malaysia Airlines, Qatar Airways, Emirates Locations: Malaysia, England, Malaysia's, Istanbul, London, Court, Kuala Lumpur, Beijing, Ukraine, Russian, Malaysian, Asia

☆ How AirTags and luggage trackers became the hottest travel accessory
▼ + stars: | 2023-06-17 | by ( Julia Buckley | ) edition.cnn.com time to read: +16 min

That’s right: compact, portable and potentially snatching your perfect vacation from the jaws of lost luggage disaster, the travel accessory of the moment is the humble luggage tracker. “There remain significant problems with lost luggage this year, and this is likely to be worse still in the peak travel period this summer. Possibly because he was one of many: “At one point the agent I was emailing with told me that the building had thousands of lost bags,” he said. Elliot SharodElliot Sharod was one of the first to go viral for tracking his lost luggage through its AirTag. Both Lufthansa and Air New Zealand seemingly banned bag trackers in the hold last year – before swiftly reversing the ban in both cases.

Persons: ” Thomas Romig, Rory Boland, That’s, you’ve, Kate Bevan, it’s, you’ll, you’re, ”, Boland, Jai Rawat, Jai Rawat Jai Rawat, “, –, Virgin, – Rawat, he’d, Rawat, James D, Morgan, Emily McNutt, ” Boland, ’ Elliot Sharod's, Elliot Sharod Elliot Sharod, Sharod, they’re, Bevan, Andrew Kelly, SITA, David Lavorel, Jonas Walzberg, It’s, Boland – Organizations: CNN, Airports, International, SITA, Virgin Atlantic, London Heathrow, Heathrow, Rawat, ‘ Airlines, Samsung Galaxy, “ Passengers, Aer Lingus, Google, Samsung, Apple, Lufthansa, Air New, FAA, Airlines, Reuters, Delta, Twitter, “ Locations: –, London, San Francisco, California, South Africa, Air New Zealand

But the 20% rebate on travel purchases (up to $200 back) easily makes this superior to the Chase Sapphire Reserve® offer. Meanwhile, those with a Chase Sapphire Reserve can book travel through the Chase Travel Portal at a rate of 1.5 cents each. Winner: Chase Sapphire Reserve®Consider statement credits and complimentary membershipsThe Chase Sapphire Reserve and Amex Green Card offer various credits that can effectively reduce the annual fee you pay to be a cardholder. The Chase Sapphire Reserve's $300 travel credit is much more versatile than the Amex Green card's annual statement credits, since it applies to virtually any travel purchase. The Chase Sapphire Reserve carries a $550 annual fee, while the Amex Green Card charges $150 per year.

☆ The massive Chase Sapphire Preferred card 80,000-point bonus, worth at least $1,000 in travel, will end in less than a week
▼ + stars: | 2023-05-18 | by ( Joseph Hostetler | Jasmin Baron | Credit Cards Reporter | ) www.businessinsider.com time to read: +11 min

The 80,000-point Chase Sapphire Preferred offer ends on May 24, 2023, by the end of the day, so there's very little time left to apply. Chase; InsiderIf you're interested in achieving your travel bucket list for nearly free, the Chase Sapphire Preferred® Card should be the first travel rewards credit card you open. A bonus that size is worth $800 in cash — or $1,000 in travel booked through the Chase Travel Portal. Chase Sapphire Preferred bonus end dateThe Chase Sapphire Preferred 80k bonus will end on May 24, 2023, by the end of the day. You can read our full Chase Sapphire Preferred card review to help you decide if it's the right fit for your wallet.

☆ British Airways-owner IAG sees travel rebound lifting forecasts
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +1 min

LONDON, May 5 (Reuters) - British Airways-owner IAG (ICAG.L) said strong ticket sales for summer travel and a winter season which beat expectations meant 2023 profit would come in above its previous forecasts. IAG's positive outlook is in line with Europe's major airlines. Lufthansa, easyJet and Ryanair have all pointed to robust summer bookings, showing consumers prioritising travel spend despite high inflation and an uncertain economic outlook. Air France-KLM (AIRF.PA) on Friday reported better-than-expected first-quarter revenue and said it was seeing strong summer ticket sales. It posted an operating profit before exceptional items of 9 million euros, well above the 179 million euro loss expected by analysts.

The Citi Premier® Card and Capital One Venture Rewards Credit Card are two of the best travel rewards credit cards that offer flexible rewards and generous earning opportunities. Compare the Citi Premier and Capital One Venture Citi Premier® CardCapital One Venture Rewards Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Here's how the Citi Premier® stacks up against the Capital One Venture Rewards Credit Card to help you make the choice. Their spending requirements are identical, but the Citi Premier® offers more points than the Capital One Venture Rewards Credit Card. The Capital One Venture Rewards Credit Card offers this coverage while Citi Premier® does not.

Search resuls for: "Aer"

25 mentions found