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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlaska Airlines CEO on Hawaiian merger: It's pro-consumer and pro-competitionBen Minicucci, Alaska Airlines CEO, joins 'Squawk on the Street' to discuss how quickly Alaska's merger with Hawaiian will filter into the company's bottom line, the people that doubted the merger would happen, and what's happening with Boeing.
Persons: Ben Minicucci Organizations: Alaska Airlines, Alaska Airlines CEO, Boeing
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlaska Airlines 'well positioned' despite Q2 revenue miss, says CEO Ben MinicucciBen Minicucci, Alaska Airlines CEO, joins CNBC's 'The Exchange' to discuss Alaska's Q2 earnings, how the company is expanding high-end offerings, and more.
Persons: Ben Minicucci Ben Minicucci Organizations: Alaska Airlines, Alaska Airlines CEO
Alaska Airlines CEO Ben Minicucci on strong 2024 forecast
  + stars: | 2024-04-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlaska Airlines CEO Ben Minicucci on strong 2024 forecastAlaska Airlines CEO Ben Minicucci joins 'The Exchange' to discuss their latest quarter, what's next for the airlines, and more.
Persons: Ben Minicucci, what's Organizations: Alaska
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Alaska Airlines CEO Ben MinicucciAlaska Airlines CEO Ben Minicucci joins 'The Exchange' to discuss their latest quarter, what's next for the airlines, and more.
Persons: Ben, Ben Minicucci, what's Organizations: Alaska Airlines
CNN —Boeing’s 737 Max 9 model returned to service Friday afternoon when Alaska Airlines flight 1146 departed Seattle at approximately 3:51pm local time (6:51pm ET) bound for San Diego. It is the first revenue flight for this model since the Federal Aviation Administration grounded the Boeing jets three weeks ago following a door plug blowout on Alaska Airlines flight 1282. Alaska Airlines COO Constance von Muehlen took the flight and sat in the seat next to the door plug, telling CNN she has full confidence in the aircraft. The first flight is one of three flights Alaska Airlines has scheduled on Max 9 jets for Friday. Alaska Airlines CEO Ben Minicucci said Thursday he is not concerned with passengers avoiding the Max 9.
Persons: CNN —, Max, Constance von Muehlen, Sarah Edgbert, it’s, ” Edgbert, , ” Kent, Doug Bowman didn’t, , Ben Minicucci Organizations: CNN, Alaska Airlines, Federal Aviation Administration, Boeing, 9pm, United Airlines —, FAA, Max, . United Airlines Locations: Seattle, San Diego, Alaska
New York CNN —The grounding of the 737 Max 9 after a January 5 incident that blew a hole in the side of an Alaska Airlines plane earlier this month will cost the airline about $150 million, Alaska announced Thursday. The door plug blew off an Alaska Airlines flight on January 5, leaving a gaping hole in the side of the plane. While no passengers were killed, the incident led the Federal Aviation Administration to order a grounding of all 737 Max 9 jets. Alaska Airlines CEO Ben Minicucci told NBC in an interview Tuesday that the carrier found “some loose bolts on many” Boeing 737 Max 9 during its inspections. Alaska and United are the only US airlines with the 737 Max 9 jet in their fleets.
Persons: Max, Ben Minicucci, , , Robert Isom, It’s Organizations: New, New York CNN, Alaska Airlines, Federal Aviation Administration, FAA, Alaska Air, NBC, Boeing, Max, Refinitiv, Southwest Airlines, American, CNBC Locations: New York, Alaska, United
Boeing and Spirit AeroSystems are under multiple investigations that probe their safety policies and procedures. Boeing said it couldn’t comment on the reports about what may have led to the door plug blowing off the plane, citing the ongoing investigation. The process also includes tightening fasteners and performing “detailed inspections of…dozens of associated components.”FAA on Sunday also required airlines to ensure older Boeing 737 planes with similar door plugs were secure. The FAA said airlines operating the Boeing 737-900ER model should visually inspect the planes but didn’t require them to be grounded. Two Max variants — the Max 7 and the Max 10 — are still awaiting approval to begin carrying passengers.
Persons: Max, AeroSystems, Washington Democratic Sen, Maria Cantwell, , David Calhoun, Jennifer Homendy, Ben Minicucci, Lester Holt, Mike Whitaker, Whitaker, , , Wells Organizations: New, New York CNN, Boeing, Alaska Airlines, New York Times, Seattle Times, Federal Aviation Administration, National Transportation Safety, Washington Democratic, Senate, US National Transportation, ” Boeing, Max, NBC, FAA, ., Sunday Locations: New York, . Airlines, Alaska, United, Indonesia, Ethiopia
Read previewThe Boeing 737 Max 9 will return to the skies on Friday, three weeks after the Alaska Airlines blowout, the carrier announced Wednesday. According to Reuters, United Airlines — the biggest operator of the Max 9 with 79 of them — said it will start flying the jet again from Sunday. "It makes me angry," Alaska Airlines CEO Ben Minicucci told NBC. Not all the Max 9 jets will immediately return to service because some haven't been through the full inspection process yet. Alaska Airlines expects all its inspections to be completed over the next week.
Persons: , Max, Ben Minicucci, Scott Kirby, Mike Whitaker Organizations: Service, Boeing, Alaska Airlines, Business, Reuters, United Airlines —, Federal Aviation Administration, Portland International, National Transportation Safety, NBC, CNBC, FAA Locations: Alaska
Alaska Airlines CEO on their partnership with Boeing
  + stars: | 2024-01-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlaska Airlines CEO on their partnership with BoeingBen Minicucci, Alaska Airlines CEO, joins 'The Exchange' to discuss bringing grounded Max-9 planes back to service, the airlines' partnership with Boeing, and more.
Persons: Boeing Ben, Max Organizations: Alaska Airlines, Boeing, Alaska Airlines CEO Locations: Boeing Ben Minicucci
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Alaska Airlines CEO Ben MinicucciBen Minicucci, Alaska Airlines CEO, joins 'The Exchange' to discuss bringing grounded Max-9 planes back to service, the airlines' partnership with Boeing, and more.
Persons: Ben Minicucci Ben Minicucci, Max Organizations: Alaska Airlines, Alaska Airlines CEO, Boeing
"Until we're comfortable that the [quality assurance] system is working properly ... we're going to have boots on the ground," he said. United, which has 79 Boeing 737 Max 9 planes in its fleet, more than any other carrier, said Monday it's assuming the planes will remain grounded through the end of January. He said United is taking the larger variant, the 737 Max 10, out of its fleet plans, because of lengthy delivery delays. Those accidents involved the 737 Max 8, a smaller variant of the same aircraft family. This photo released by the National Transportation Safety Board shows the door plug from Alaska Airlines Flight 1282 on Monday, Jan. 8, 2024, in Portland, Ore. National Transportation Safety Board via AP
Persons: Michael Whitaker, Drew Angerer, , Mike Whitaker, Max, We've, Whitaker, It's, John Lovell, they've, Scott Kirby, Ben Minicucci, Stan Deal Organizations: Federal Aviation Administration, FAA, Commerce, Science, Capitol, Getty, Getty Images WASHINGTON, CNBC, Boeing, Alaska Airlines, United Airlines, National Transportation Safety Board, National Transportation, AP, Max, Airlines, NBC, Deal, Transportation Locations: Washington ,, Alaska, Portland , Oregon, Renton , Washington, Portland , Ore
Alaska Airlines CEO Ben Minicucci told NBC he was "mad" and "angry" about the Flight 1282 blowout. AdvertisementAlaska Airlines' CEO expressed his frustration with Boeing during an interview with NBC News — the second airline boss to do so on Tuesday. "It makes me angry," Ben Minicucci told NBC. Minicucci told NBC: "We had a guardian angel, honestly," because the 178-capacity plane had seven unoccupied seats — which happened to include those next to the gaping hole. "It makes you mad that we're finding issues like that on brand-new airplanes," Minicucci told NBC.
Persons: Ben Minicucci, United's Scott Kirby, , Minicucci, Scott Kirby, Kirby, Stan Deal Organizations: Alaska, NBC, Boeing, Service, Alaska Airlines, Federal Aviation Administration, United Airlines, Max, CNBC, Boeing Commercial, FAA Locations: Alaska, United
New York CNN —Alaska Airlines CEO Ben Minicucci revealed the carrier found “some loose bolts on many” Boeing 737 Max 9s in an interview for “NBC Nightly News with Lester Holt” scheduled to air Tuesday. The US Federal Aviation Administration urged airlines on Sunday to inspect so-called door plugs on an earlier version of Boeing 737 airplanes. After recent inspections of the newer Max 9s, United Airlines and Alaska Airlines have found loose bolts. NBC asked Minicucci if Boeing has a problem with quality control extending beyond a single plane. We will follow the lead of the FAA and support our customers every step of the way.”The CEO of United Airlines, one of the biggest buyers of Boeing jets, also expressed frustration with the company.
Persons: Ben Minicucci, Lester Holt ”, ” Minicucci, Max, that’s what’s, , Minicucci, Stan Deal, “ I’m, Scott Kirby, they’ve, ” CNN’s Chris Isidore, Gregory Wallace, Hanna Ziady Organizations: New, New York CNN, Alaska Airlines, Boeing, Max, NBC, US Federal Aviation Administration, United Airlines, FAA, Airplanes, United, CNBC Locations: New York, Portland , Oregon, Ontario , California, Alaska
Read previewA safety inspection of Alaska Airline's Boeing 737 Max 9 planes revealed "many" loose bolts were found on the commercial airline's fleet. "I'm more than frustrated and angry that this happened to Alaska Airlines," Alaska Airlines CEO Ben Minicucci told Business Insider in a statement. The Alaska CEO's statements come after inspections of the Boeing 737 Max 9 planes following the January 6 incident. United Airlines also previously announced that it had found loose bolts that appear to "relate to installation issues in the door plug." Earlier this month, the agency told reporters that the door plug fitted into the Alaska Airlines plane involved in the incident was found "fractured."
Persons: , Ben Minicucci, Scott Kirby, Max 10s Organizations: Service, Alaska Airline's Boeing, Max, Business, Alaska Airlines, Boeing, NBC News, United Airlines, National Transportation Safety Board, FAA, Forbes, CNBC Locations: Alaska, Portland, Ontario , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlaska Airlines and Hawaiian Airlines CEOs break down $1.9 billion cash mergerPeter Ingram, Hawaiian Airlines CEO, and Ben Minicucci, Alaska Airlines CEO, join 'Squawk on the Street' to discuss how long both sides were talking about a merger, how to convince the White House this deal makes sense, and much more.
Persons: Peter Ingram, Ben Minicucci Organizations: Alaska Airlines, Hawaiian Airlines, Alaska Airlines CEO
New York CNN —It’s been an exciting few weeks for the IPO market. People try to draw an analogy between the IPO market and a blocked pipe. That is one reason why the IPO market feels less stymied than it did 12 months ago. But if the current IPO market kicks off, it’s because of other macroeconomic factors. They’re going to very rapidly acquire customers and care much less about long term financial sustainability and climate and the environment.
Persons: New York CNN — It’s, Angela Lee, Bell, We’ve, Reddit, ‘ it’s, Shein, It’s, it’s, we’ve, Ben Minicucci, Eva Rothenberg, , Peter Ingram, Robin Hayes, Minicucci, “ We’ll, Anna Cooban, Svein Tore Holsether Organizations: CNN Business, Bell, New York CNN, Reuters, Microsoft, Wall Street, Columbia Business School, Federal Reserve, Alaska Air, Hawaiian Airlines, Sunday, Alaska Airlines, American Airlines, JetBlue Airways, Justice Department, District of Columbia, Spirit Airlines, Yara, CNN, International Maritime Organization Locations: New York, Reddit, Minicucci, Delta, Southwest, Norwegian, decarbonization
Alaska Air to buy Hawaiian Airlines for $1.9 billion
  + stars: | 2023-12-03 | by ( Eva Rothenberg | ) edition.cnn.com   time to read: +1 min
CNN —Alaska Air (ALK) on Sunday announced it will buy Hawaiian Airlines (HA) for $1.9 billion. “This is a fantastic deal that bring two airlines that have amazing loyalties in our regions together,” said Alaska Airlines CEO Ben Minicucci in a news conference, adding that the merger will give customers in both states expanded domestic and international choices. The deal, which is forecast to take nine to 18 months, will see both companies keep their brands, a unique decision that Minicucci and Hawaiian Airlines CEO and President Peter Ingram say was made out of respect for the nearly hundred-year legacy of both airlines and the communities they serve. “In Alaska Airlines, we are joining an airline that has long served Hawai‘i, and has a complementary network and a shared culture of service,” said Ingram. “With the additional scale and resources that this transaction with Alaska Airlines brings, we will be able to accelerate investments in our guest experience and technology, while maintaining the Hawaiian Airlines brand.”Minicucci, who will become the CEO of both airlines, heralded the move as pro-consumer will allow for more robust domestic competition with United, Delta, Southwest and American airlines, which currently own 80% of the market share.
Persons: , Ben Minicucci, Peter Ingram, Ingram, , Minicucci, Robin Hayes, JetBlue’s Organizations: CNN, Alaska, Sunday, Hawaiian Airlines, Alaska Airlines, United, JetBlue Airways, Justice Department, District of Columbia, Spirit Airlines Locations: , Delta, Southwest
SEATTLE (AP) — Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal, including debt, putting it on track for a potential clash with a Biden administration that has shown wariness about higher fares in the industry. The deal also includes $900 million in Hawaiian debt, which the airlines said brings the acquisition's total value to $1.9 billion. The combined airline would be based in Seattle, with Alaska Airlines CEO Ben Minicucci at its head. Both Hawaiian and Alaska are leading airlines flying between Hawaii and the U.S. mainland, which could raise concerns about lessened competition. The Alaska and Hawaii companies expect the deal to close in 12 to 18 months.
Persons: Ben Minicucci, they're “, Minicucci, Biden Organizations: SEATTLE, Alaska Airlines, Hawaiian Airlines, Biden, oneworld Alliance, American Airlines, British Airways, Cathay, Cathay Pacific ., Pacific, Inter, Island Airways, , Hawaiian Holdings, Sprit Airlines, Justice Department, JetBlue, U.S . Department of Transportation Locations: Alaska, Seattle, Cathay Pacific, Cathay Pacific . Alaska, United States, Americas, Asia, Australia, Honolulu, Hawaii, North America, Hawai'i, aloha, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHawaii travel rebounding following Maui wildfires, says Alaska Airlines' Ben MinicucciCNBC's Phil Lebeau and Ben Minicucci, Alaska Airlines CEO, join 'The Exchange' to discuss Alaska's Q3 earnings miss, headwinds from the Maui fires and high oil prices, and the state of domestic flight demand.
Persons: Ben Minicucci, Phil Lebeau Organizations: Hawaii, Maui, Alaska Airlines, Alaska Airlines CEO
Southwest Airlines , Alaska Airlines and American Airlines are among the carriers that have forecast slower revenue growth or weakness for the third quarter, despite strong demand. The NYSE Arca Airline index is down more than 6% this week, slimming its gains to 37% so far this year. Southwest on Thursday said it expects unit revenue to drop as much as 7% in the current quarter from a year ago on a 12% increase in capacity. An airline's revenue per available seat mile is a measure of how much a carrier generates compared with how much capacity they're offering. Meanwhile, Alaska Airlines this week forecast third-quarter revenue ranging from flat to up 3% and unit revenues down about 9% "at the midpoint," with capacity up as much as 13% compared with last year.
Persons: Hopper, Ben Minicucci Organizations: Southwest Airlines, Alaska Airlines, American Airlines, NYSE, Airline, Domestic, Southwest, Delta Air Lines, United Airlines Locations: airfare, Dallas, Alaska, Europe, Asia
WASHINGTON, June 21 (Reuters) - Alaska Airlines (ALK.N) is "anxious" to begin taking deliveries of the larger Boeing 737 MAX 10 to help it carry more passengers once the plane is certified, the carrier's CEO Ben Minicucci said on Wednesday. Boeing (BA.N) must first win approval from the Federal Aviation Administration for its smaller MAX 7 before it can get approval for the MAX 10. In October, Alaska Airlines said it was exercising options to purchase 52 MAX aircraft for delivery between 2024 and 2027 and secured rights for 105 more planes through 2030. Both the MAX 7 and MAX 10 are seen as critical for Boeing to compete against Airbus (AIR.PA) for orders at the smaller and larger ends of the narrowbody market. Minicucci said Alaska has a good relationship with Boeing, which builds the MAX near its Seattle headquarters and has been transparent about supply chain issues.
Persons: Ben Minicucci, Minicucci, David Shepardson, Chris Reese, Jamie Freed Organizations: Alaska Airlines, Boeing, Federal Aviation Administration, Airbus, Thomson Locations: Alaska, Seattle
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlaska Airlines CEO Ben Minicucci: We see a strong demand going into Q2Alaska Airlines CEO Ben Minicucci and CNBC's Phil Lebeau join 'The Exchange' to discuss Alaska's wider than expected Q2 earnings loss, the factors complicating Alaska's earnings picture, and strategic investments towards upgrading airline technology infrastructure.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlaska Airlines CEO: We see upside in the business recovery in West Coast travelAlaska Air CEO Ben Minicucci joins 'The Exchange' to discuss the company's quarterly earnings results, how much storms in California impacted the company's business, and more.
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