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☆ Stocks making the biggest moves premarket: Tesla, Take-Two Interactive, BJ's Wholesale, Boeing and more
▼ + stars: | 2024-04-08 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. BJ's Wholesale — Shares of the warehouse club added 2.4% following an upgrade by Goldman Sachs to buy from neutral. Boeing — Shares were roughly 1% lower in premarket trading. Take-Two Interactive — Stock in the video game holding company advanced more than 2% following an upgrade to buy from Citi. Fastly — Stock in the cloud computing company gained nearly 4% following an upgrade to overweight from Piper Sandler.

Persons: Elon Musk, Ulta, Anthony Chukumba, Goldman Sachs, Biden, Piper Sandler, James E, Fish, CNBC's Michelle Fox Organizations: Loop, Boeing —, Federal Aviation Administration, Southwest Airlines, Denver Airport, Taiwan Semiconductor Manufacturing, Arizona, Citi, UiPath Inc, —, KeyBanc

A Southwest Airlines flight safely returned to Denver International Airport on Sunday after the engine cover of a Boeing 737-800 fell off during takeoff and struck the wing flap, the Federal Aviation Administration said. Flight 3695 was headed to Houston but returned to the Denver airport around 8:15 a.m. after the crew reported the engine cowling, or cover, fell off. The plane, which had 135 passengers and five crew members, was towed back to the gate. In a statement, Southwest Airlines said its maintenance teams were reviewing the aircraft. Southwest said the passengers boarded another plane and arrived at William P. Hobby Airport in Houston approximately three hours behind schedule.

Persons: William P Organizations: Southwest Airlines, Denver International Airport, Boeing, Federal Aviation Administration, Hobby Locations: Houston, Denver

☆ This burger play is breaking out on heavy volume. How to trade it using charts
▼ + stars: | 2024-02-27 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Let's breakdown the potential breakout in Shake Shack (SHAK) . Shake Shack recently reported exceptional earnings and the stock has jumped on strong trading volume. On the way back we stopped at Shake Shack in the Denver airport and the consensus was 8 out of 10. On Feb 15, SHAK reported earnings and revenue ahead of expectation. Breaking down the chart Turning to the technicals, the breakout through the $80 resistance level on significant volume following those fourth-quarter earnings was very impressive.

Persons: Shake Shack, SHAK, Randy Garutti, Gordon Organizations: Shake, Edge Locations: San Diego, U.S, Breckenridge, Denver, West Coast, East Coast

☆ How Denver International Airport became one of the fastest-growing airports in the world
▼ + stars: | 2024-01-20 | by ( Erin Black | ) www.cnbc.com time to read: +1 min

Last year was Denver International Airport's busiest on record. "We will end 2023 much higher than our forecast at about 78 million passengers annually," said Phil Washington, CEO of the Denver International Airport. OAG, a global travel data provider, said Denver went from the 21st busiest airport in the world in 2019 to the sixth in 2023. Forty percent of our customers are local Denver, and it's a fast growing city," said Jonna McGrath, vice president of Denver Airport operations for United Airlines. CNBC got a behind-the-scenes look at United's Denver operations and explored how the airport and the airline plan to keep up with demand.

Persons: Phil Washington, Denver, Jonna McGrath Organizations: Denver International, United Airlines, Southwest, Frontier Airlines, DIA, Denver, CNBC Locations: Colorado, Denver

Chris DongCapital One's third airport lounge is a 10,800 square-foot "glass fishbowl" in Denver International Airport (DEN). Capital One Venture X Rewards Credit Card and Capital One Venture X Business Card† credit cardholders get unlimited complimentary access and can bring up to two guests for free. Capital One Venture Rewards Credit Card and Capital One Spark Miles for Business† cardholders get two complimentary passes per year. Capital One Venture X Rewards Credit Card and Capital One Venture X Business Card† cardholders enjoy unlimited complimentary access to all Capital One Lounges. The parents' room in Capital One's Denver airport lounge offers a quiet space for rest, diaper changes, and feedings.

Persons: Chris Dong, cardholders, Business † cardholders, —, chai, chia Organizations: Business, Venture, Denver International Airport, Chris Dong Capital, Denver International, Service, Dulles, Fort, International, Capital, One, Premier, Rockies, Colombe, Fenway, Cervecería, Yacht Club, Sunrise, Denver Travelers, Chase Locations: Denver, High City, Washington, Dallas, Fort Worth, DFW, One's, Concourse A, Colorado, Downtown Denver, Cervecería Colorado, Capital One's Denver

☆ Biden will nominate a former Obama official to run the Federal Aviation Administration
▼ + stars: | 2023-09-07 | by ( ) www.cnbc.com time to read: +2 min

President Joe Biden will nominate a former Obama administration official to lead the Federal Aviation Administration after his first choice withdrew in the face of Republican opposition nearly six months ago. The FAA, which regulates airline safety and manages the nation's airspace, has been run by back-to-back acting administrators since March 2022. Whitaker was deputy FAA administrator – a job that does not require Senate approval – from 2013 to 2016. Last year, Biden nominated Denver International Airport CEO Phillip Washington, but he withdrew in March after his nomination stalled in the Senate Commerce Committee. Republicans and independent Kyrsten Sinema argued that Washington lacked adequate aviation experience — his background is mostly in city transit systems, having held the Denver airport job only since mid-2021.

Persons: Michael G, Whitaker, Joe Biden, Obama, Biden, Phillip Washington, Kyrsten Sinema Organizations: UAL Corp, Transportation, Aviation, United, European, Federal Aviation Administration, FAA, Hyundai, TWA, American Airlines, United Airlines, Denver International Airport, Senate, Washington Locations: United States, Washington ,, InterGlobe, India, Denver

President Joe Biden will nominate a former Obama administration official to lead the Federal Aviation Administration after his first choice withdrew March after running into opposition from Republican senators. Whitaker's nomination had been expected for months, and Biden's announcement was praised by several industry and labor groups. The FAA, which regulates airline safety and manages the nation's airspace, has been run by back-to-back acting administrators since March 2022. The first, Billy Nolen, who left FAA in June to join another air taxi company, Archer Aviation, praised Whitaker's nomination in a recent interview. Sara Nelson, president of the Association of Flight Attendants, urged the Senate to confirm Biden’s pick quickly.

Persons: Joe Biden, Obama, Biden, Michael G, Whitaker, Phillip Washington, Kyrsten Sinema, Sen, Ted Cruz, Biden's, Mike, ” Cruz, Stephen Dickson, Donald Trump, Billy Nolen, “, ”, ” Nicholas Calio, Sara Nelson, “ Whitaker Organizations: Federal Aviation Administration, Republican, FAA, Hyundai, TWA, American Airlines, United Airlines, Denver International Airport, Senate, Washington, GOP, Archer Aviation, Airlines for, Association of Flight Locations: InterGlobe, India, United States, Denver, Ted Cruz of Texas, Airlines for America

Mistakes by air traffic controllers — stretched thin by a nationwide staffing shortage — have been one major factor. So do the air traffic controllers who scour the skies and manage takeoffs and landings. The number of fully trained air traffic controllers nationwide has fallen 10 percent in the past decade. data and the agency’s most recent “Air Traffic Controller Workforce Plan.”Nearly all U.S. air traffic control facilities are understaffed Circles represent 313 air traffic facilities in the United States, including airport towers and larger regional centers. Desiree Rios for The New York TimesPilots, air traffic controllers and federal investigators have warned repeatedly that America’s air safety system is fraying.

Persons: Louis Armstrong, —, ”, Biden, Matthew Lehner, Mr, Lehner, Ilana Panich, Kennedy, Jan, “, ” Jennifer Homendy, Joe Raedle, Reagan, Desiree Rios, ’, ‘ Organizations: Southwest Airlines, Louis Armstrong New, International Airport, Delta Air, New, Airport, American Airlines, Frontier Airlines, Frontier, Federal Aviation Administration, The New York Times, United Airlines, American, Airbus, louisiana Magnolia, Times, Phoenix, NASA, Aviation, Pilots, Technology, U.S, Airlines, United, “, Bergstrom International Airport, Kennedy International, Delta, FedEx, JetBlue Airways, JetBlue, National Transportation Safety, Spirit Airlines, Fort Lauderdale, Las Vegas, San, Casper, Federal Aviation, The Times, FAA, National Transportation Safety Board, Department of, Gulfstream, Miami, The New York Times Pilots, Flying Magazine, Sky Harbor, Boeing Locations: Airport Mississippi, New Orleans, San Francisco, American, Dallas, louisiana, louisiana Magnolia Minden arkansas, Minden louisiana, United States, U.S, San Diego, Phoenix, Swiss, Continental, Buffalo, United, Delta, Southwest, —, Austin, Texas, New York, Austin , Texas, Sarasota , Fla, Burbank, Calif, Boston, New York City, Fort, Salt Lake, Ontario, Denver, Las, Portland ,, Baltimore, Miami, Peoria, Ill, Fort Worth, Jacksonville, Fla, Philadelphia, Fort Lauderdale, Lexington, Ky, Tampa

☆ United Airlines adds more flights, new lounges in fast-growing Denver
▼ + stars: | 2023-05-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado. United Airlines plans to beef up its schedule and add new lounges at Denver International Airport, the carrier's bet that demand for flights at its fastest-growing hub will keep rising. United said Tuesday that it will add 35 flights at the Colorado airport this year. The airline's Denver service this summer will average 450 daily departures, a spokeswoman said. Last year, United opened a grab-and-go mini lounge at Denver aimed at travelers connecting to other flights.

☆ A Towering, Terrifying Demon Horse Isn’t Even the Weirdest Part
▼ + stars: | 2023-04-29 | by ( Tiffany Hsu | ) www.nytimes.com time to read: +1 min

Equine art lives in many airports: Seattle and San Francisco have bronze horses shaped like driftwood, Central Illinois has wire horses suspended from the ceiling, Tucson has a winged horse and Barcelona has a burly horse. None of them have a horse like Blucifer. Rearing 32 feet tall in a median outside Denver International Airport, the cobalt-colored, demon-eyed, vein-streaked steed has terrified travelers and mobilized conspiracy theorists since it arrived 15 years ago. First, though, it killed its creator. The horse came to stand for something darker: In 2006, as Mr. Jimenez was finishing the 9,000-pound cast-fiberglass sculpture, a piece came loose and fatally severed an artery in his leg.

☆ Biden’s pick to lead FAA withdraws amid shaky Senate support
▼ + stars: | 2023-03-26 | by ( ) www.cnbc.com time to read: +4 min

Phillip A. Washington speaks at a nomination hearing with the Senate Commerce, Science and Transportation Committee on Capitol Hill on March 01, 2023 in Washington, DC. Democrats and allied independents still might have pushed the nomination through, but key senators on their side balked at supporting Biden's pick. "The FAA needs a confirmed Administrator, and Phil Washington's transportation & military experience made him an excellent nominee," Buttigieg tweeted Saturday night. He has strong ties to the administration, however — he led Biden's 2020 transition team for the Transportation Department, which includes the FAA. "Given the significant challenges facing the FAA, this wasn't the time for an administrator who needed on-the-job training," he said.

☆ House Republican opposes Biden pick to run FAA
▼ + stars: | 2023-01-26 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Republicans have said Biden's nominee Phil Washington needs a waiver because he does not qualify as a civilian under the law. You can only run on autopilot so long before you run out of gas, you wake up and your over Utah," said Representative Sam Graves, a Republican who heads the committee overseeing the FAA. Graves said the FAA needs to fill key leadership positions and said Washington does not have enough aviation experience to serve as FAA administrator. Before being named to run the Denver Airport in 2021 did not have any significant aviation experience, Republicans complain. Congress plans to take up the issue and whether the FAA needs more money to modernize various computer systems this year.

☆ Passengers say Southwest flew their bags to Denver without them after canceling a Christmas Day flight, report says
▼ + stars: | 2023-01-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Passengers say Southwest Airlines flew their bags to Denver without them on Christmas Day, per NPR. The couple said they were planning to fly from Nashville to Denver when their flight was canceled. Southwest canceled thousands of flights over the holiday period. However, despite the cancellation, the couple learned that their bags had arrived in Denver without them, per NPR. Murphy told NPR that her father-in-law was able to drive to Denver airport and find two of the bags.

☆ Why Southwest is still melting down
▼ + stars: | 2022-12-29 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

Still, Southwest canceled another 2,300 flights today, long after its rivals had resumed normal service. Here’s why is Southwest taking so long to get its operations back on track: Southwest got unlucky with the location of the storm and its timing. And outdated scheduling technology left Southwest scrambling to match crew with planes. Bad luckThe storm hit Chicago and Denver hard, where Southwest has two of its biggest hubs – Chicago Midway airport and Denver International airport. Although Southwest says it was fully staffed for the holiday weekend, illness makes adjusting to increased system stress difficult.

☆ Some Southwest ground workers developed frostbite and worked 16-hour shifts amid the airline's holiday meltdown, union says
▼ + stars: | 2022-12-28 | by ( Hannah Towey | Taylor Rains | ) www.businessinsider.com time to read: +3 min

Southwest Airlines canceled thousands of flights this week amid extreme winter weather. Many ground workers were forced to work 16-18 hours shifts during the chaos, their union said. Some developed frostbite after working outside in the frigid temperatures, per the union's president. Southwest canceled thousands of flights in the wake of a deadly winter storm that hit the US during peak holiday travel. Do you work for Southwest Airlines?

☆ Frontier Airlines has replaced its telephone customer service line with online chat to cut costs
▼ + stars: | 2022-11-26 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Frontier Airlines has scrapped its telephone customer service line. Frontier said this month that a chat service "reduced negotiation" and dealt with more cases. An airline spokesperson told CNBC it had cut its telephone service to help customers get "the information they need as expeditiously and efficiently as possible." "We are supporting higher labor rates in the voice channel, and we're limited to this one-to-one interaction," he said, adding that a chat agent could handle three queries at once. Frontier's move follows a summer of travel chaos which laid bare the lack of customer service offered by many airlines.

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