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Last month in Chicago, a United Airlines flight to London was ready to depart, but it was still waiting for 13 passengers connecting from Costa Rica. The airline projected they’d miss the flight by seven minutes. The system also sent text messages to the late-arriving passengers and the people on the waiting jet to explain what was happening. still might not be able to find space for your carry-on, but it could help put an end to the 40-gate dash — sprinting to catch your connecting flight before the door slams shut — as well as other common travel headaches. Alaska Airlines, American Airlines and others have been working to develop new A.I.
Persons: It’s, Helane Becker, TD Cowen Organizations: United Airlines, . Alaska Airlines, American Airlines Locations: Chicago, London, Costa Rica,
Companies that are spending big internally to grow their businesses should start outperforming if the economy remains on strong footing, according to Goldman Sachs. The Wall Street bank is advising clients consider buying companies with a high level of capital expenditure and research and development expenses. Those companies have outperformed those returning cash to shareholders via buybacks and dividends this year by 2 percentage points, Goldman said. In this environment, investors typically reward companies investing for growth when economic growth is accelerating, if history is any guide, Goldman said. The firm found a slew of stocks in the S & P 500 with the highest percentage of capex and R & D per market cap.
Persons: Goldman Sachs, Goldman, David Kostin Organizations: Norwegian Cruise Line, United Airlines, American Airlines, Delta Air Lines, Meta, Intel, HP, Western Digital Locations: Norwegian, United
While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines "as an airline and as an industry" will carry record numbers of travelers this summer, the carrier's Chief Commercial Officer Andrew Nocella said on an earnings call Wednesday. "Demand continues to be strong, and we see a record spring and summer travel season with our 11 highest sales days in our history all occurring this calendar year," Delta Air Lines CEO Ed Bastian said on his company's call a week earlier. Customers appear willing to pay up for first class and other cabins above standard coach, executives said. Some of those carriers have struggled in recent months because of higher capacity, limited airplane availability and higher costs.
Persons: Andrew Nocella, Ed Bastian, Nocella Organizations: United Airlines, Air, American Airlines, Southwest Airlines, Boeing, Federal Aviation Administration, . Airlines Locations: Delta, United
CNN —The US aviation industry has asked the Biden administration to pause approval of additional flights to and from China, saying Beijing’s “existing harmful anti-competitive policies” hurt American airlines and workers. The letter was signed by industry lobby group Airlines for America — whose members include American Airlines (AAL), Delta (DAL) and United (UAL) — and other unions representing aviation workers, including the Air Line Pilots Association. Chinese carriers were given approval by US officials to make 50 weekly round trips to and from the United States, up from 35, from March 31. “These actions demonstrated the clear need for the US government to establish a policy that protects US aviation workers, industry and air travelers,” it said. “It [boosting flights] will help the two peoples strengthen exchanges and enhance mutual understanding,” the ministry added.
Persons: Biden, , Antony Blinken, Pete Buttigieg, America —, Washington, Xi Jinping, Joe Biden, — Hassan Tayir Organizations: CNN, Airlines, America, American Airlines, DAL, Air Line Pilots Association Locations: China, Delta, United States, Ukraine, San Francisco
AdvertisementWith an average of 30,000 passengers a month, Augusta Regional Airport usually sees one-hundredth the number of passengers as Newark Liberty International. This year's Masters, played at Augusta National, is set to be the busiest yet for Augusta Regional Airport. "In years past, American has always given an influx of direct flights for Masters week," Smith told BI. But perhaps the most striking change from the usual day-to-day is the expected influx of private jets. Private jetsAugusta Regional Airport has two runways but closes one of them down for the Masters so that the private jets can park there.
Persons: , Lauren Smith, Smith, It's, Barnwell, Augusta —, Uber Organizations: Augusta Regional Airport, Service, Augusta Regional, Newark Liberty International, TSA, Augusta National, American Airlines, Delta Air Lines, Delta, Private, Augusta, Atlanta —, New, Bombardier Challenger Locations: Augusta, Georgian, Washington, DC, Boston, Austin, JFK, Palm Beach, Orlando, LaGuardia, Detroit, Atlanta, Aiken, South Carolina, New York City, Toro
New York CNN —United Airlines is asking its pilots to take voluntary unpaid leave in May because of delays in Boeing deliveries, according to a memo sent by the union representing pilots. Because of the delivery delay, “our forecasted block hours for 2024 have been reduced and we are offering our pilots voluntary programs for the month of May to reduce excess staffing,” United Airlines said in a statement Monday. The Federal Aviation Administration is taking a closer look at United after a series of almost a dozen incidents at the airline, United said in a March memo. On March 15, a United Boeing 737-800 landed in Medford, Oregon, missing an external panel, though no passengers were injured. Boeing has been in the spotlight since the Alaska Airlines Boeing 737 Max 9 incident.
Persons: United, Scott Kirby, ” Kirby, Chris Isidore, Pete Muntean, Gregory Wallace Organizations: New, New York CNN — United Airlines, Boeing, ” United Airlines, Federal Aviation Administration, United, Airbus, Alaska Air, Max, American Airlines, Delta Air Lines, United Boeing, Alaska Airlines Boeing Locations: New York, Covid, Alaska, Medford , Oregon, United
What do Reddit , Trump Media & Technology Group and GameStop all have in common? Trump Media made its market debut on Tuesday under the ticker DJT, following its merger with shell company Digital World Acquisition Corp. Reddit, which is not in the S & P 500, also has a market cap of about $9 billion Market capitalization Trump Media & Technology $9.4 b. Reddit $9.2 b. Caesars Entertainment $9.4 b. American Airlines $10 b. Mosaic $10.3 b. This is rather remarkable, considering Trump Media had revenues of roughly $3.3 million. What meme stocks have in common What Trump Media, GameStop and Reddit have in common is a high retail base.
Persons: Reddit, Michael Pachter, Pachter, Arch Crawford Organizations: Trump Media & Technology Group, GameStop, Trump Media, Corp, Caesars Entertainment, American Airlines and, Technology, American Airlines, The New York Times, Trump Media & Technology, JPMorgan, East India Company, Microsoft Locations: Moluccas, Indonesia
Do Credit Card Points Expire? Credit Card Points Never ExpireUnlike many airline miles and hotel points, credit card points don't expire as long as you keep your account open and in good standing (meaning you continue to pay off your balances or communicate with the bank if you need any financial assistance). Here are the main credit card points currencies, along with the top credit card options for earning each of them:These transferable credit card points can be extremely valuable, not just because you have so many options for using them to book travel, but also because there are certain sweet spots you can use to your advantage. FAQsDo all credit card points expire? Check the terms and conditions of your credit card rewards program or contact your credit card issuer directly.
Persons: there's, Miles, you'll, that's Organizations: Business, Business †, Citi Prestige, Citi, Chase Sapphire Reserve, American Airlines, Capital, American, Marriott, Alaska Airlines, Apple Locations: Chase, Alaska, Chevron
United Airlines , American Airlines and JetBlue Airways are among the carriers that have raised the price to check bags this year. Earlier this week, American Airlines raised its checked bag fees for the first time in more than five years and adopted the two-tiered strategy that United, JetBlue and several budget airlines already have. American Airlines previously charged $30 for either service. Why are airlines raising baggage fees? Airlines have argued that higher costs such as labor and fuel, their biggest expenses, mean they had to raise bag fees.
Persons: Scott Olson, Barry Biffle, Biffle Organizations: O'Hare International, Getty, Getty Images Airlines, United Airlines, American Airlines, JetBlue Airways, United, JetBlue, CNBC, Frontier, Transportation, Airlines Locations: Chicago, North America
(AP) — Travis Kelce is happy to have Taylor Swift on the Kansas City Chiefs bandwagon heading to the Super Bowl. Thanks for joining the team.”Whether Swift makes it to the Super Bowl against the 49ers on Feb. 11 in Las Vegas remains to be seen. Kelce and Swift have tried to keep their relationship out of the spotlight, though it has become increasingly difficult. Chiefs coach Andy Reid said last week that he appreciates the way Kelce has focused on his job amid everything else. “I haven’t really seen it affect him in any way," Reid said.
Persons: — Travis Kelce, Taylor Swift, Jason Kelce, Swift, ” Jason Kelce, Travis, Taylor, — Swift, That's, Brittany Mahomes, Patrick Mahomes, Kelce, Andy Reid, Reid, That’s, ” Kelce, Jerry Rice, Rice, Chiefs —, she's, ” Reid, Trav, , She's, Organizations: KANSAS CITY, Kansas City Chiefs, Super, Chiefs, Eagles, 49ers, American Airlines and United Airlines, Kansas, Associated Press, NFL, CBS, Baltimore, AFC, Jets, Steelers, Ravens, Miami, Delaware Locations: KANSAS, Mo, Chiefs Kingdom, Tay, Las Vegas, Tokyo, Kansas City, San Francisco, Philadelphia, Buffalo
New York CNN —The Kansas City Chiefs and San Francisco 49ers are playing each other in this year’s Super Bowl, and airlines are excited about the potential match – that is, Taylor Swift and Travis Kelce. American Airlines and United both added special flights between Kansas City and Las Vegas airports over the Super Bowl weekend with special flights numbers that have Swifties and the Chiefs Kingdom taking notice. The flights will take off on Friday, February 9 and Saturday, February 10 from Kansas City to the host city. United is also adding Swift and Kelce-themed flight numbers between Kansas City and Las Vegas during the weekend, too. Airlines commonly added special flights to Super Bowl host cities for fans traveling to see the game.
Persons: Taylor Swift, Travis Kelce, , , Patrick Mahomes, Swift Organizations: New, New York CNN, Kansas City Chiefs, San Francisco 49ers, American Airlines, United, Kansas City, Super, Chiefs Kingdom, CNN, , Kansas City Chiefs, Las Vegas, 49ers, California Gold Rush, Airlines, Super Bowl, Sunday, Allegiant Locations: New York, Kansas, Las Vegas, Kansas City, ,, United, Las, San Francisco
A trader works on the floor at the New York Stock Exchange on Dec. 4, 2023. U.S. stock futures were flat Monday night after the Dow Jones Industrial Average surpassed 38,000 for the first time ever. S&P 500 futures rose 0.03%, while Nasdaq 100 futures gained 0.07%. In extended trading, United Airlines rose more than 6% after reporting strong fourth-quarter results. The 30-stock Dow advanced more than 100 points, or 0.4%, to hit a new record and close above 38,000 for the first time.
Persons: Russell, Cheryl Young, Johnson, Lockheed Martin Organizations: New York Stock Exchange, Dow Jones Industrial, Dow, Nasdaq, United Airlines, Boeing, Max, Alaska Airlines, United . American Airlines, Southwest Airlines, Alaska Air Group, Delta Air Lines, Nvidia, Rockefeller, Family, Procter, Gamble, Lockheed, Netflix
Tokyo CNN —An American airline passenger allegedly bit a female cabin crew member mid-flight on Tuesday, forcing an All Nippon Airways (ANA) flight bound for Seattle to return to Tokyo, an airline spokesperson said. Flight ANA 118 departed Tokyo’s Haneda Airport at 9:47 p.m. local time and turned around a little over an hour into its journey, according to flight-tracking website Flightradar24. An ANA spokesperson told CNN that the male passenger was detained by police after the plane landed in the Japanese capital. The female flight attendant sustained minor injuries, the spokesperson said. In 2022, two passengers were given hefty fines for hitting and biting crew and other passengers on separate flights with US carriers American Airlines and Delta Air Lines.
Persons: It’s Organizations: Tokyo CNN —, All Nippon Airways, ANA, Flight ANA, Tokyo’s, CNN, Tokyo Metropolitan Police Department, American Airlines, Delta Air Lines, Federal Aviation Administration Locations: American, Seattle, Tokyo, Texas
An American Airlines passenger was arrested this week in connection to an attack on a staffer. The Miami-Dade Police Department report says the chaos unfolded before American Airlines Flight 2213 took off for New York City. Advertisement"Acts of violence against our colleagues are not tolerated by American Airlines and we are committed to working closely with law enforcement in their investigation," the spokesperson said. The FAA has 'zero-tolerance' for unruly passengersThe Federal Aviation Administration has a "zero-tolerance" policy for unruly passenger behavior. So far this year, the FAA has received about 1,900 unruly passenger reports, stats show.
Persons: , It's, couldn't Organizations: American Airlines, Service, Florida's, International, Business Insider, Miami - Dade Police Department, American, Police, Miami International Airport, FAA, Federal Aviation Administration Locations: Connecticut, Miami, New York City
Deere , Caterpillar — Deere shares dropped nearly 4% after the agricultural equipment maker issued disappointing guidance for fiscal 2024. Deere said it expects net income between $7.75 billion and $8.25 billion, short of the $9.31 billion expected from analysts polled by StreetAccount. Autodesk — Autodesk fell more than 5% a day after the software company issued lower-than-expected fiscal fourth-quarter earnings guidance. The company now expects earnings per share of between $1.91 and $1.97, below estimates of $2.01 per share, according to LSEG. Nvidia posted adjusted earnings of $4.02 per share on $18.12 billion in revenue, while analysts polled by LSEG expected earnings of $3.37 per share and $16.18 billion in revenue.
Persons: Deere, StreetAccount, Piper Sandler, LSEG, — CNBC's Michelle Fox, Alex Harring, Jesse Pound, Darla Mercado Organizations: JPMorgan, Capybara, Deere, Caterpillar — Deere, Caterpillar, Nordstrom, LSEG, HP —, HP, Autodesk — Autodesk, Autodesk, Nvidia —, Nvidia, Airlines, West Texas Intermediate, American Airlines and United Airlines, Norwegian Cruise Line Locations: LSEG, China
Morgan Stanley highlighted several companies that are prepared to withstand — and even benefit from —consumers' shifting preferences this holiday season, as inflationary pressures dampen shoppers' budgets this quarter. According to Morgan Stanley's proprietary monthly survey, most holiday shoppers are looking to see 30% discounts, on average, before they begin spending this holiday season. A strong holiday season should benefit the entire airline industry given the ongoing demand for air travel among consumers across income brackets, according to Morgan Stanley. "Durable goods spending has slowed and that is expected to continue into the holiday season," Wilson said in the note. Toys could emerge as "relative winner" this season as they become a more top-of-mind purchase for parents during the holiday season, analyst Megan Alexander wrote.
Persons: Morgan Stanley, Michael Wilson, Morgan, They're, Ravi Shanker, Wilson, Amazon's, Brian Nowak, Lauren Schenk, Chewy, Morgan Stanley's, Alex Straton, Megan Alexander Organizations: Consumers, Delta Airlines, American Airlines and United Airlines, Southwest Airlines, Alaska Air Group, Apparel, Urban Outfitters, Abercrombie, Fitch Locations: Delta, U.S
NEW YORK (AP) — Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said Wednesday. The bureau said some bank employees argued internally that Armenian Americans were more likely to commit fraud and referred to applicants as “bad guys” or as affiliated with organized crime. As part of the order, Citi will pay $24.5 million in fines as well as $1.4 million in remedies to impacted customers. However, in the bureau's order, these Citi employees used identifiable information that broadly discriminated against Armenian Americans in general. The bank has been fined or cited several times by the CFPB, as well as by the Federal Reserve, for unsound business practices.
Persons: , , , Rohit Chopra, Jane Fraser, Fraser, ” Chopra Organizations: — Citigroup, Consumer Financial, Citi, Armenian, , “ Citi, Home, American Airlines, Federal Reserve Locations: Glendale , California, Southern California, New York, California
You can now transfer Bilt Rewards points to Marriott Bonvoy at a 1:10 ratio. As of today, November 8, you can now transfer Bilt Rewards points to Marriott Bonvoy at a 1:1 ratio. Bilt cardholders can transfer points to Marriott in increments of 1,000 (Bilt Blue tier members must transfer a minimum of 2,000 points per transaction). Cardholders also receive a bonus 5,000 Marriott Bonvoy points for every 20,000 Bilt points transferred to Marriott in a single transaction. You'll receive a 100-point Bilt Rewards point bonus for linking your Marriott Bonvoy account to your Bilt Rewards account.
Persons: , Cardholders, Marriott, Here's, you’re, Bilt, Experian, TransUnion ™, Equifax, You'll, Bilt cardholders Organizations: Marriott, IHG, Hyatt, Service, American Airlines and United Airlines, Mastercard, Alliance, Emirates Locations: Hyatt, Emirates
The Biden administration’s fight against consolidation in the airline industry will be tested Tuesday with lawyers for JetBlue Airways and the Justice Department squaring off in court. The administration is suing to block JetBlue’s proposed $3.8 billion acquisition of Spirit Airlines. The Justice Department is fresh off victory in a previous lawsuit that killed a partnership between JetBlue and American Airlines. If it swallows Spirit, JetBlue will leapfrog Alaska Airlines but still control less than 10% of the U.S. air-travel market. The Justice Department argues, however, that Spirit is the disruptive force that needs to be protected.
Persons: Biden, Obama Organizations: JetBlue Airways, Department, Spirit Airlines, JetBlue, Justice Department, American Airlines, U.S, Alaska Airlines, New, Big, Spirit, The, US Airways, JetBlue Airways Corp Locations: Boston, U.S, United, Delta, New York, Miramar , Florida, New York City, Fort Lauderdale , Florida, Continental
Flight attendants turned up at American Airlines HQ with a letter of no confidence in a senior executive. Union members are angry they've not been relocated from a hotel in Philadelphia where a colleague died. AdvertisementAdvertisementLast month, a 66-year-old AA flight attendant was found dead in a room at the Marriott with "a cloth in her mouth." In a statement the APFA said: "The lack of action on flight attendant safety and security and the appalling lack of flight attendant support on the line is utterly unacceptable." In August the AFPA, which represents 26,000 flight attendants, voted overwhelmingly to authorize a strike if American refused to agree to "reasonable" contract terms, Reuters reported.
Persons: Brady Byrne, they've, , Robert Isom, Brady Byrnes, Byrnes, APFA, Mr Brynes, Kevin Dietsch Organizations: American Airlines, Service, Fort, Association of Professional, AA, Marriott, Reuters Locations: Philadelphia, Fort Worth
Airlines Cancel Flights to Israel
  + stars: | 2023-10-09 | by ( ) www.wsj.com   time to read: 1 min
Major U.S. and international airlines are canceling dozens of flights to Israel’s main international airport in Tel Aviv as Israeli forces continue to battle Hamas militants inside the country and launch strikes in Gaza. At least 87 flights to and from the airport were canceled on Monday, according to aviation-data service FlightAware, including all flights by American Airlines and United. The Federal Aviation Administration also urged airlines to exercise caution due to the conflict in the region.
Organizations: U.S, American Airlines and United, Federal Aviation Administration Locations: Tel Aviv, Gaza
AAdvantage Aviator Red World Elite Mastercard Review
  + stars: | 2023-09-23 | by ( Ben Luthi | ) www.wsj.com   time to read: +7 min
The AAdvantage Aviator Red World Elite Mastercard charges a $99 annual fee, and like similar credit cards, it makes it possible for cardholders to get that value back in perks alone. There are very few rewards credit cards that make it that easy. No foreign transaction feesWho benefits most from the AAdvantage Aviator Red World Elite Mastercard? Methodology: How we evaluated the AAdvantage Aviator Red World Elite MastercardTo choose Buy Side from WSJ’s Best Airline Cards, we compared 23 credit cards from 10 major domestic airlines. From there, we favored credit cards that offered unusual and valuable perks that made it easier to cover the cost of the card’s annual fee.
Persons: Ben Luthi, You’ll, you’ll Organizations: Mastercard, American Airlines, AAdvantage, Auto, Citi, Capital
An American Airlines plane sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on february 23, 2023American Airlines and Spirit Airlines on Wednesday joined other carriers in warning that higher costs will hit profits during the bustling summer quarter. The carrier halved its operating margin from a forecast earlier this summer to 4% to 5%. Spirit Airlines expects negative margins of as much as 15.5% in the three months ending Sept. 30, down from an earlier estimate of -5.5% to -7.5%. Airlines have lost the pricing power they commanded last summer when capacity was more constrained coming out of the pandemic, even though demand has been strong. Southwest Airlines and Alaska Airlines cut their third-quarter forecasts earlier this month.
Persons: Ronald Reagan, Hopper Organizations: American Airlines, Ronald Reagan Washington National Airport, Airlines and Spirit Airlines, Wednesday, Spirit Airlines, Airlines, Southwest Airlines, Alaska Airlines Locations: Ronald Reagan Washington, Arlington , Virginia
“The automakers can’t plead poverty,” Fields told CNN on Wednesday, noting the industry’s recent string of profitable years. [Automakers’] CEO pay went up 40%. “But I do think he’s quite misplaced in that if there’s a work stoppage… there will be lots of people hurt,” the former Ford CEO said. However, economists say a UAW strike is unlikely to cause a recession, though it would do damage to local economies and parts suppliers. You can’t fault them for trying to deal with inflation that is hurting their families,” the former Chrysler CEO said.
Persons: Mark Fields, ” Fields, , , Jim Farley, Fields, CNN’s Vanessa Yurkevich, “ We’re, ” Farley, Shawn Fain, , ” Fain, Jake Tapper, Bob Nardelli, ” Nardelli, Goldman Sachs, “ It’s, Fain, Nardelli, Ron Gettelfinger, Ford, CNN’s Chris Isidore Organizations: New York CNN Business —, Detroit, Ford, GM, CNN, Chrysler, United Auto Workers, UAW, UPS, American Airlines, West Coast, TPG Capital, Anderson Economic Group, Big Locations: Mexico, Chihuahua
An American Airlines worker is seen at the Los Angeles international airport in Los Angeles, California, U.S., October 31, 2021. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsWASHINGTON, Aug 25 (Reuters) - The death of an airline employee in December and another serious injury prompted the Federal Aviation Administration (FAA) to issue a safety alert on Friday to airlines in an effort to prevent more incidents. The safety alert reiterates that "it is important for workers to remain clear of operating engines until they are shut down," the FAA said. The alert comes as questions arise about U.S. aviation safety after a series of troubling near-miss incidents. The flight was operated by Envoy Air, a wholly-owned subsidiary of American Airlines and the worker was employed by Piedmont Airlines, another American subsidiary.
Persons: Carlos Barria, David Shepardson, Deepa Babington, Marguerita Choy Organizations: American Airlines, Los Angeles, REUTERS, Rights, Federal Aviation Administration, FAA, Montgomery Regional Airport, Envoy Air, Piedmont Airlines, Occupational Safety, Health Administration, Airlines, Safety, Health, Commission, Thomson Locations: Los Angeles , California, U.S, Alabama
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