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☆ Spirit's CEO says the airline has a plan to become profitable again
▼ + stars: | 2024-02-09 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

Read previewSpirit Airlines is still battling to keep its merger plans with Jet Blue alive, but in the meantime its CEO says it has a path to financial stability. AdvertisementSimilarly the annual net loss of $447 million was lower than the $554 million loss for 2022. Spirit's merger with JetBlue was blocked by a federal judge last month on the grounds that it would harm consumers. Spirit plans to sell 25 aircraft and lease them back in a move that generated $419 million, per its results. Spirit did not immediately respond to a request for comment from Business Insider made outside normal working hours.

Persons: —, Ted Christie, Christie Organizations: Service, Jet, Bloomberg, Business, JetBlue, Airbus, Pratt & Whitney, CNBC

☆ Stocks making the biggest moves midday: Pinterest, Caterpillar, JetBlue, Chegg and more
▼ + stars: | 2023-10-31 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Pinterest — Shares of the image-sharing social media platform soared 19% Tuesday, a day after the firm's third-quarter earnings report beat expectations for earnings and revenue. Pinterest also eased concerns over potential ad revenue loss due to the Israel-Hamas war, saying some of the advertisers that had initially paused spending have already returned. Caterpillar said in its earnings presentation that revenue in the fourth quarter would be just "slightly" above the same quarter a year prior. JetBlue lost 39 cents per share, excluding items, on $2.35 billion of revenue, while analysts polled by LSEG expected a loss of 25 cents per share on $2.38 billion of revenue. This was higher than the $1.58 in earnings per share on $1.48 billion in revenue that analysts had forecast, according to FactSet.

Persons: Pinterest, Busch, Jet Blue, LSEG, Wolfspeed, Chegg, Morgan Stanley, Baird, SoFi, Roku, MoffettNathanson, — CNBC's Pia Singh, Yun Li, Hakyung Kim, Lisa Kailai Han, Brian Evans, Jesse Pound Organizations: Anheuser, Busch, LSEG, Revenue, Caterpillar, JetBlue —, Jet, JetBlue, Spirit Airlines, Arista Networks, Arista, VF Corp, Vans, U.S, BP, ON, Asbury Automotive, JPMorgan Locations: Israel, LSEG, U.S

☆ JetBlue is painting its planes blue. Is that a good idea?
▼ + stars: | 2023-06-15 | by ( Dennis Green | ) www.businessinsider.com time to read: +5 min

JetBlue announced on Wednesday it's going to paint its planes blue. JetBlue's current white livery, for comparison's sake with the new blue one. JetBlue will be prominent on a plane's underside in the new livery. "The refreshed livery design was extensively reviewed and researched across the organization to ensure we will maintain our standard of great service. Southwest Airlines' paint scheme is the most similar to JetBlue's new one, with a blue fuselage and the airline's name in a large white typeface.

Persons: Jayne O'Brien, Lukas Wunderlich, John Hansman, It's, Hansman, it's, Kamil Krazaczynski Organizations: JetBlue, MIT Aeronautics, Astronautics, Getty, Spirit Airlines, Southwest Airlines, Sun, Frontier Locations: Delta, United, Alaska

☆ World’s best airline for 2023 named by AirlineRatings.com
▼ + stars: | 2023-05-30 | by ( Francesca Street | ) edition.cnn.com time to read: +3 min

Marcos del Mazo/LightRocket/Getty ImagesAfter a couple of years of reduced air travel in the wake of the pandemic, travelers returned to the air in 2022 to significant airline chaos – canceled flights, lost luggage and overstretched staff. And interestingly, while Air New Zealand came out on top for 2023, Thomas said the results were close among the top five. Singapore Airlines took the fifth spot on AirlineRatings.com's 2023 list and also won the Best First Class award. Johannes P. Christo/Anadolu Agency/Getty ImagesAbu Dhabi’s Etihad Airways is number 3 on AirlineRatings.com’s 2023 list. Singapore Airlines, named top in the Best First Class award and the Excellence in Long Haul Travel - Southeast Asia award, took fifth place overall.

Persons: AirlineRatings.com, –, ” Geoffrey Thomas, ” AirlineRatings.com, Marcos del Mazo, Thomas, Johannes P Organizations: CNN, Air, Zealand, CNN Travel, Zealand’s, Qatar Airways, Air New Zealand, Business, Catering, Long, Singapore Airlines, Christo, Anadolu Agency, Abu Dhabi’s Etihad Airways, Korean, North, ” Air, New, Civil Aviation Authority, Auckland International Airport, Etihad Airways, Qantas, Virgin, Cathay Pacific Airways, Emirates, Lufthansa, SAS, TAP, All Nippon Airways, Delta Air, Air Canada, British Airways, Jet, JAL, Vietnam Airlines, Turkish Airlines, KLM, . Alaska Airlines, United Airlines Locations: Australia, North Asia, Asia, Zealand, Auckland, AirlineRatings.com’s, Virgin Australia, Swiss, TAP Portugal

☆ Justice Department wins lawsuit to undo JetBlue-American Airlines partnership in the Northeast
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJustice Department wins lawsuit to undo JetBlue-American Airlines partnership in the NortheastCNBC's Phil LeBeau joins 'Closing Bell' to report on the DOJ winning its antitrust suit blocking the American-Jet Blue Alliance.

☆ American Airlines, JetBlue alliance will harm travelers, U.S. argues
▼ + stars: | 2022-11-18 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/2] Robin Hayes, CEO of Jet Blue, arrives at the federal courthouse to testify in an antitrust lawsuit seeking to unwind the "Northeast Alliance" partnership between American Airlines and JetBlue Airways Corp, in Boston, Massachusetts, U.S. September 27, 2022. REUTERS/Brian Snyder/File PhotoNov 18 (Reuters) - Lawyers for the U.S. Justice Department said American Airlines Group's (AAL.O) alliance with JetBlue Airways Corp (JBLU.O) would harm travelers while the airlines pushed back during closing arguments on Friday in the government's bid to dissolve the partnership. Through the alliance, the airlines coordinate flights and pool revenue to the detriment of travelers, said the department, arguing consumers face nearly $700 million in extra annual costs. Justice Department lawyer Bill Jones argued the alliance gives the airlines incentives to raise prices and that they are no longer competing. Lawyers for JetBlue and American argued the alliance, which was announced in 2020, has not raised air fares or resulted in flight cuts.

☆ This company wants to make air travel sustainable
▼ + stars: | 2022-11-10 | by ( Clare Duffy Cnn Business Video John General | Clare Duffy | ) edition.cnn.com time to read: +5 min

Already, some of the world’s biggest airlines are signing on to Air Company’s vision. Jet Blue Ventures, the airline’s investment arm, also invested directly in Air Company’s $30 million Series A funding round earlier this year. Air Company's carbon-neutral, CO2-derived fuel was successfully used in August 2022 during a test flight in partnership with the US Air Force. Air Company“How we think about what the company does is trying to solve humanity’s toughest problems,” Gregory Constantine, co-founder and CEO of Air Company, told CNN in an interview last month. But Air Company’s production process starts by pulling harmful carbon emissions out of the air.

☆ Earnings are off to a surprisingly decent start. Next week is the big test for tech
▼ + stars: | 2022-10-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. That inverse correlation between bond yields and stocks was powerful enough to trump positive earnings reports. Looking back On the earnings front, we got results from Johnson & Johnson (JNJ), Procter & Gamble (PG), and Danaher (DHR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ I'm a first year medical student with limited time off — here's how I saved $6,000 using credit card points for a winter break trip to Vietnam
▼ + stars: | 2022-10-13 | by ( Ethan Steinberg | Read More | Read Less | ) www.businessinsider.com time to read: +14 min

I couldn't find available award flights to Vietnam for winter break, so I redeemed flexible credit card points for cash flights instead. Even though I spent more points than I would have liked, I don't regret using my rewards this way. My winter break has clearly defined start and end dates, bookmarked on either end by immovable exams and unmissable lectures. $0 Rewards Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Read Insider's points and miles valuations to find out what your credit card rewards are worth.

Learn moreTo find the best carry-on bag essentials, who better to turn to than flight attendants? We spoke with four flight attendants from Delta, Jet Blue, Etihad, and United about their favorite travel products, as well as the tips and tricks they use to travel as efficiently as possible. Their top travel products include everything from a portable humidifier and a mini oven to a hotel door lock and a foldable mug. And, if you're looking for something to pack it all in, be sure to check out our guide to the best luggage. Here are the top travel essentials, according to flight attendants

Persons: they've Organizations: Business, Blue, Etihad, United Locations: Delta

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