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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy the Boeing 737 Max has been such a messBoeing's 737 has been around since the 1960s. There have been many variations of the aircraft but the 737 Max, which debuted in 2017, has encountered problem after problem over the last five years. From two fatal Max 8 crashes in 2018 and 2019 to the more recent incident of a door plug falling off a plane during take off from Portland, Oregon. CNBC explores how the 737 Max crisis unfolded and what the future holds for Boeing's best-selling jet.

Persons: Max Organizations: Boeing, CNBC Locations: Portland , Oregon

☆ Why the Boeing 737 Max has been so problematic
▼ + stars: | 2024-04-06 | by ( Erin Black | ) www.cnbc.com time to read: +1 min

Both were Boeing 737 Max 8 planes. Then in January 2024, a near catastrophe occurred when a door plug blew off an Alaska Airlines 737 Max 9 plane at 16,000 feet, shortly after it took off from Portland, Oregon. The Department of Justice has opened a criminal investigation into the Alaska Airlines incident, and the Federal Aviation Administration said it found quality control problems in its audit of Boeing and fuselage maker Spirit AeroSystem 's 737 Max production process. The FAA has said it won't let Boeing expand production until it is satisfied with its quality control. CNBC explores how Boeing's 737 Max crisis unfolded and what the future holds for Boeing's best-selling jet.

Persons: Max, AeroSystem, Dave Calhoun Organizations: Boeing, Max, Alaska Airlines, of Justice, Federal Aviation Administration, FAA, CNBC Locations: Indonesia, Ethiopia, Portland , Oregon, U.S, Alaska

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow ESPN is trying to stay relevant as cable declinesESPN has been the most dominant sports channel for more than 40 years. It holds live sports rights including the NFL's Monday Night Football, the NBA and the WNBA. But as millions of Americans cancel their cable TV subscriptions and big tech companies like Amazon and YouTube bid on live sports, ESPN has had to adjust — or decline along with the pay-TV business. CNBC sat down with former and current executives to talk about the future of the sports juggernaut.

Organizations: ESPN, Football, NBA, Amazon, YouTube, CNBC

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Tesla became so popular in NorwayNorway is the world leader when it comes to electric vehicle adoption. 82% of new car sales were electric in 2023. Tesla sold over 23,000 Model Ys in Norway last year, significantly more than its top competitors there, Volkswagen and Skoda. Tesla accounted for about 20% of all vehicles sold in the country last year and 2023 marked the third year in a row that Tesla was the top car brand in Norway. CNBC traveled to Norway to find out why the Scandanvian country is so important for Tesla.

Persons: Tesla Organizations: Volkswagen, Skoda, CNBC Locations: Norway Norway, Norway

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Norway built an EV utopia while the U.S. is struggling to go electricNorway boasts the highest electric vehicle adoption rate in the world. 82% of new car sales were electric vehicles in Norway in 2023. The Norwegian government started incentivizing the purchase of EVs back in the 1990s, but sales really started to take off about ten years ago when Tesla and other EV models became available there. CNBC traveled to Norway to meet with experts, government officials and locals to find out how the Scandinavian country pulled off such a high EV adoption rate.

Persons: Tesla Organizations: CNBC Locations: Norway, U.S, Norwegian

Fran Horowitz, Abercrombie & Fitch CEO: The future of retail is small, efficient, omni stores, and they're located where the customer tells us. I get really, really excited about what this means in the operations of the business, using predictive analytics to help us forecast demand. They're worldwide, a zillion stores, and their operations and execution, aside from their merchandising, I think they're always on top of the game. I think you're going to see an interaction with someone in a setting that doesn't look like retail, but looks like a fantastic experience. Nicholas of Sam's Club: Another retail standard that is really going to be important beyond the customer is energy.

Persons: Christina Locopo, Fran Horowitz, Abercrombie, Patrick MacLeod, WWD, Michelle Gass, Levi Strauss, they're, Jens Grede, Geoffroy van Raemdonck, Neiman Marcus, there'll, Trina, Patrick T, Fallon, Chris Nicholas, Kara Trent, Levi's Gass, Tom Ward, Erin Black, CNBC Abercrombie's Horowitz, Marc Lore, Mickey Drexler, TikTok, Adam Jeffery, Dave Kimbell, It's, Scott Mlyn, CNBC Neiman's van, you've, Yael Cosset, —, Ulta's, Arturo Holmes, Trent, That's, we've, Kroger's, Abercrombie's Horowitz, I've, Dia Dipasupil, Neiman's van, who's, Lulu, Drexler, Armour's, Dior, Louis Vuitton, Hermes, Armour Levi's Gass, Emma Grede, Kardashian, Kim, Geoffroy van Raemdonck Patrick Mckleod, Nicholas of Organizations: CNBC, Abercrombie, Fitch, Abercrombie & Fitch Co, Penske Media, Getty, Milken Institute Global Conference, AFP, Sam's, Technology, Walmart U.S, Walmart, New York Times, Navy, WWD, Young, Nike, TJX, Zara, Armour's Trent, Americas, Nicholas of Sam's, Sam's Club Locations: they're, Beverly Hills , California, New York City, America, New York, U.S, Skims, Inditex, Kara, Walmart's

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside Denver International Airport — United Airlines' fastest-growing hubWhile airline stocks have not recovered to pre-pandemic levels, passengers have returned in record-breaking numbers. The year 2023 was Denver International Airport's busiest on record, with an estimated 78 million passengers. United Airlines is Denver's biggest operator. It recently invested nearly $1 billion in Denver to add more gates, flights and destinations, and opened the largest lounge in its network. The airline wants to grow to 650 flights a day before 2030.

Organizations: Airport, United Airlines, Denver International, CNBC, Denver Locations: Denver

☆ 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

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe business behind budget airlines like Ryanair and SpiritThe low-cost business model was first implemented by Pacific Southwest Airlines in 1949 and perfected by Southwest Airlines in the early 1970s. Today, low-cost carriers like Ryanair in Europe and Spirit Airlines in the U.S. make up almost a third of all global airline capacity. These airlines use several strategies to keep costs down including limiting their amenities to the bare minimum and charge for add-ons such as seat selection, food and luggage.

Organizations: Ryanair, Pacific Southwest Airlines, Southwest Airlines, Spirit Airlines Locations: Europe, U.S

Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. Delta's new Sky Club at New York's John F. Kennedy International Airport Benji Stawski / CNBCDelta Air Lines Sky Club lounges — and the credit cards that grant entry to them — became so popular that customers complained about the long lines and crowds at many locations. More spaceDelta, United Airlines and American Airlines are racing to build more lounges and spaces and larger ones to fit high demand. The carrier separately operates a network of Polaris lounges for travelers booked in its highest cabin class, usually on long-haul international routes. United Airlines Polaris lounge at Newark Liberty International Airport.

Persons: John F, Benji Stawski, —, Delta, Allison Ausband, Leslie Josephs Organizations: Sky Club, New, Kennedy International, CNBC Delta Air Lines Sky, —, CNBC, John, Delta, United Airlines, American Airlines, Denver International Airport, Polaris, United Airlines Polaris, Newark Liberty International Airport Locations: U.S, New York, Delta

Over the past couple of years, airlines and credit card companies such as American Airlines, United Airlines, Chase and Capital One have been investing millions into expanding their airport lounge networks for customers. According to Chase, lounge access is often the top-cited reason for its credit card sign-ups, and by the end of 2023, Delta said it would add 2,700 seats to its lounges. However, lounges have become so popular that some face overcrowding, and companies such as Delta are making it harder to get airline status.

Persons: Chase, Delta Organizations: American Airlines, United Airlines, Chase, Capital

☆ As Covid-testing business drops, Abbott searches for new line of business with consumer wearables
▼ + stars: | 2023-10-10 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

Abbott Laboratories CEO Robert Ford took the stage at the HLTH conference in Las Vegas on Tuesday to discuss the company's expansion into a new market: consumer wearables. For instance, Abbott produces a continuous glucose monitor (CGM) called FreeStyle Libre that patients can use to manage their diabetes. Abbott's most recent model, the FreeStyle Libre 3, can measure glucose levels in real time for up to 14 days. FreeStyle Libre alone generated more than $1.3 billion in sales for Abbott during its second quarter, according to the company's earnings report. "We always believed that we could take this platform that we developed for diabetes and expand it beyond diabetes," Ford said.

Persons: Robert B, Ford, Robert Ford, Abbott, Covid, Margaret Kaczor Andrew, William Blair, CNBC's Erin Black, Lingo Organizations: Abbott, Libre, wearables Locations: Vegas, Las Vegas , Nevada, Las Vegas, U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow GlobalFoundries rose to be the world's third-biggest chip foundryIn its short 14-year history, GlobalFoundries has risen to the world's third-largest chip foundry. While it's not making the most advanced nodes or seeing huge gains from AI, it's quietly helping power nearly every connected device. GlobalFoundries is the only top foundry based in the U.S., giving it an edge as tensions with China cause concern over reliance on Asia-made chips. Now it's spending $7 billion to expand in Singapore, Germany, France, and New York, where CNBC got this firsthand look.

Persons: GlobalFoundries, it's Organizations: CNBC Locations: U.S, China, Asia, Singapore, Germany, France, New York

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Hawk-Eye replaced hundreds of line judges at the U.S. OpenSince 2022, the U.S. Open has had no line judges. Instead, the tournament uses Hawk-Eye Live, an electronic line calling system, to judge whether a ball is in or out. In 2011, Sony purchased Hawk-Eye and the company has grown since then. Hawk-Eye covers the majority of tennis tournaments on the WTA and ATP tours and has a presence in the MLS, NFL, WNBA and soon the NBA. CNBC traveled to the U.S. Open to speak with the Hawk-Eye team to understand how it works in tennis and other major sports.

Organizations: U.S, U.S ., Sony, WTA, MLS, NFL, WNBA, NBA, CNBC

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy airplane boarding is inefficient — and likely to remain soWe all know airplane boarding isn't the most exciting part of a trip. But have you ever questioned why the process isn't faster? There are different boarding methods: front-to-back; back-to-front; random; unassigned seating; and window, middle, aisle (WILMA). CNBC got a behind-the-scenes look in Atlanta where Southwest Airlines is prototyping new solutions to speed up the process. Will we soon see a faster boarding method?

Persons: WILMA Organizations: CNBC, Southwest Airlines Locations: Atlanta

Economy seats account for 79.3% of seats between the U.S. and Europe, down from nearly 81.9% in 2018, before the pandemic, according to aviation data firm Cirium. Business-class seats' share of seats sold has grown slightly, from 12.9% to 13.5% though premium economy's share has increased even more, making up 6.4% of seats sold, up from 4.2% five years ago, while first class seats' share fell. Delta, JetBlue Airways , United Airlines , American Airlines , Finnair and Lufthansa are among the carriers that have recently announced upgraded first-class seats, suites with sliding doors or premium economy cabins. On rival United Airlines , a similar itinerary was nearly $1,850 in premium economy and $912 in standard coach. Business class easily tops $5,000 for that route.

Persons: DAL, Natalie Rasmussen, I'm, Rasmussen, Leslie Josephs, Edward Dryden, Delta Organizations: Airline, Delta Air Lines, Virgin Atlantic's, Virgin, U.S, JetBlue Airways, United Airlines, American Airlines, Finnair, Lufthansa, Singapore Airlines, CNBC, Collins Aerospace, Delta, Suites Locations: Europe, San Jose , California, London, Germany, Czech Republic, Delta, Emirates, New York, Paris

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy airlines are investing millions on bigger and fancier seatsAirlines have been spending big to add more space and comfort to seats on board planes. According to AeroDynamic advisory, airplane seats were a $2.6 billion dollar market globally in 2022, almost half of $6.2 aircraft interiors market. U.S. airlines like American, Delta and United have been adding more premium seats to their fleets. CNBC got an inside look at how seats are made, and to find out why they are becoming an increasingly important part of an airline's business.

Organizations: CNBC Locations: U.S, Delta

☆ Now Boarding: Why boarding an airplane is so difficult
▼ + stars: | 2023-07-09 | by ( Leslie Josephs | Erin Black | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow Boarding: Why boarding an airplane is so difficultOn this episode of "Now Boarding" Leslie and Erin discuss how airline boarding works and why it's so slow. They speak with Steve Goldberg, Senior Vice President ofOperations and Hospitality at Southwest Airlines about its unique style of bordering and former airline executive Kerry Philipovitch. "Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics all things aviation.

Persons: Leslie, Erin, Steve Goldberg, ofOperations, Kerry Philipovitch, Leslie Josephs, Erin Black Organizations: Southwest Airlines, CNBC Locations: Hospitality

Santa Ana, CA - May 26: An airplane prepares to be loaded as passengers make their way to their gates during the Memorial Day weekend getaway at John Wayne Airport Orange County in John Wayne Airport, Santa Ana, CA on Thursday, May 26, 2022. "Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC's YouTube channel. On this episode of "Now Boarding," CNBC discusses why airplane boarding can be so complicated and what airlines are doing to make it faster.

Persons: Leslie Josephs, Erin Black Organizations: John Wayne Airport, CNBC, YouTube Locations: Santa Ana , CA, John Wayne Airport Orange, John

☆ An inside look at how Delta is upgrading its fleet to bring better Wi-Fi to customers
▼ + stars: | 2023-07-06 | by ( Erin Black | ) www.cnbc.com time to read: 1 min

Airplane Wi-Fi has been around for decades, but its reliability and speeds can vary widely depending on the airline, the route and the type and age of the aircraft. American Airlines , United and other U.S. airlines have recently been updating their fleets to provide better Wi-Fi, and Delta has spent more than $1 billion upgrading its planes to offer free Wi-Fi to customers. The airline uses Viasat , one of the leading providers of satellite internet, to deliver Wi-Fi on board. Viasat recently launched a new satellite with faster speeds and more capacity, which the company says should help keep up with the growing demand for the airline industry. CNBC got an inside look at how Delta is working to upgrade over 1,200 planes by 2024.

Organizations: American Airlines, United, Viasat, CNBC Locations: Delta

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy good Wi-Fi is so hard to get on airplanesAirplane Wi-Fi has been around for decades but its reliability and speeds can vary widely depending on the airline, the route and the type and age of the aircraft. American Airlines, United and other U.S. airlines have been updating their fleets to provide better wifi. Delta has spent over $1 billion retrofitting its planes to bring free wifi to its customers. CNBC got an inside look at how Delta is working to upgrade over 1,200 planes by 2024.

Organizations: American Airlines, United, CNBC

"Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC's YouTube channel. On this episode of "Now Boarding" Leslie and Erin discuss turbulence: what causes it, whether it's getting worse and why it's usually nothing to worry about. While serious injuries from turbulence are rare, it's always important to follow crew safety instructions.

Persons: Leslie Josephs, Erin Black, Leslie, Erin Organizations: CNBC, YouTube

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow Boarding: Should you be worried about turbulence? On this episode of "Now Boarding" Leslie and Erin discuss turbulence: what causes it, whether it's getting worse and why it's usually nothing to worry about. While serious injuries from turbulence are rare, it's always important to follow crew safety instructions. "Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like, airline status, boarding, jumbo jets and all things aviation.

Persons: Leslie, Erin, Leslie Josephs, Erin Black Organizations: CNBC

"Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC's YouTube channel every Sunday. On this episode of "Now Boarding" Leslie and Erin discuss the rise and fall of jumbo jets, like the Boeing 747 and the Airbus A380. Now that international travel is rebounding from the pandemic, some of these giant planes are getting dusted off to fly around the world again, carrying hundreds of passengers at a time.

Persons: Leslie Josephs, Erin Black, Leslie, Erin Organizations: CNBC, YouTube, Boeing, Airbus

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow Boarding: Why airlines are bringing back jumbo jets (sort of)On this episode of "Now Boarding" Leslie and Erin discuss the rise and fall of jumbo jets, like the Boeing 747 and the Airbus A380. "Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC's YouTube channel every Sunday.

Persons: Leslie, Erin, Leslie Josephs, Erin Black Organizations: Boeing, Airbus, CNBC, YouTube

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