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☆ Luxury air travel is on the rise. Experts say you don't have to be rich to experience it.
▼ + stars: | 2024-06-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Travel experts told Business Insider they had noticed an uptick in clients opting for luxury air travel experiences, from private jets to first-class and premium-class plane tickets. Oliver Bell, cofounder of luxury travel company Oliver's Travels, said this trend could be partly attributed to "revenge travel," where people are "willing to spend more for incredible experiences" in the aftermath of the pandemic. AdvertisementBut you don't have to be flushed with cash to experience luxury air travel. "A lot of people assume that flying private is only for the rich and famous, the Elon Musk's of the world," Bell said. For example, Surf Air is an LA-based private jet company that offers unlimited private flying memberships for $295 per month or $3,540 annually.

Persons: —, Oliver Bell, Bell, Elon, BI's Alesandra Dubin, Dubin, David Guthrie, it's, George Rose, Martina Coogan, Coogan, Guthrie Organizations: Service, Business, Forbes, Airlines, KLM, United, United Airlines, Delta's Locations: West Coast and Texas, LA, Vegas, Delta, Ireland

☆ Delta's most exclusive airport lounge opens. Here's what's inside
▼ + stars: | 2024-06-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

In this article DAL Follow your favorite stocks CREATE FREE ACCOUNTThe bar at the Delta One lounge at New York's John F. Kennedy International Airport. Leslie Josephs | CNBCDelta Air Lines' most exclusive airport lounge opens this week to travelers flying on the right ticket. Leslie Josephs | CNBCThe lounge, Delta's largest, is a step up from Delta's more accessible Sky Club lounges, with areas to relax. Amenities in bathroom and shower stall at Delta One lounge at John F. Kennedy International Airport. Bar at Delta One lounge at John F. Kennedy International Airport in New York.

Persons: John F, Leslie Josephs, Airport Leslie Josephs, Dwight James, Delta's, James Organizations: Delta, Kennedy International, CNBC Delta Air Lines, Kennedy, CNBC, CNBC Delta, American Airlines and United Airlines, Airport, Sky, JFK Locations: John, U.S, New, New York

☆ How Delta made itself America's luxury airline — and what United wants to do about it
▼ + stars: | 2024-06-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +16 min

Rival United Airlines — second to Delta in net profit margins — is circling. Delta plans to open Delta One lounges in Boston and Los Angeles later this year, and is studying airports where it could open others. Like other airlines, Delta accepted billions in federal aid to weather the pandemic. Luxury air travel and the United States didn't go together for many years — and might not still, if you ask well-heeled globetrotters. And at Delta and other airlines, many of the perks for luxury flyers come through lounges.

Persons: Benoit Tessier, Ed Bastian's, Bastian, Ed Bastian, John F, Raymond James, Savanthi Syth, Andrew Nocella, Patrick Quayle, Quayle, Richard Anderson, Anderson, Delta, Barack Obama's, They're, Shai Weiss, Claude Roussel, Joe Biden, United States didn't, Henry Harteveldt, Scott Kirby Organizations: Airbus, Delta Air Lines, Reuters Delta Air Lines, Transportation Department, Rival United Airlines —, CNBC, Delta Air Lines Inc, Bloomberg, Getty, American Express, Kennedy International Airport, United, Boeing, U.S, Labor, Southwest Airlines, U.S ., JetBlue Airways, Delta, Corporate, Northwest Airlines, Endeavor, Virgin, American, Sky Club, New, LaGuardia, Etihad Airways, Singapore Airlines, Atmosphere Research, Airlines, Sky Clubs, Los Angeles International Airport, JFK, American Airlines, JPMorgan, Consumer Electronics, Starbucks Locations: punctuality, New York, Delta, Chicago, Boston, Los Angeles, Dubrovnik, Croatia, Amman, Jordan, Cape Town , South Africa, Atlanta, U.S, Queens, N.Y, United, Tokyo, York, United States, Las Vegas

☆ I've been flying ultra-low-cost airlines for years and have never been charged extra — these are my 4 tips for avoiding fees
▼ + stars: | 2024-06-21 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

AdvertisementMy backpack fits perfectly inside the personal item size checker on both Frontier and Spirit. Further, the carry-on bag restrictions vary slightly at 24 x 16 x 10 inches and 22 x 18 x 10 inches, respectively. These rules are found on the airline's websites, and the same goes for other global ULCCs like Ryanair and Allegiant Air. AdvertisementDo the math before you book a ULCCI only pay for an extra bag or a seat when absolutely necessary on a ULCC. Once you add the cheapest seat for $39 each way and a carry-on bag for $69 each way, the total price is $413.

Persons: —, Taylor Rains, I've, Joey, Hannah Towey Organizations: Service, Business, Frontier Airlines, Spirit Airlines, Frontier, Ryanair, Allegiant Air, Priceline, United, Delta, Google, Las, Spirit Locations: New York City, Orlando, Denver, Seattle, Delta, Las Vegas, Chicago, Buffalo

☆ 35-year-old's income streams made her more than $500,000 last year—some are completely passive
▼ + stars: | 2024-06-20 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

She started her Etsy store, where she sells printables like bachelorette party activity lists, in 2017. This one replicates the success of Gold City Ventures for creators with a sizable following. Similarly, she does not spend very much time on her Etsy store, about an hour a quarter. For her, the Etsy shop is less an income stream and more a tool to help her Gold City Ventures community. Gold City Ventures grossed more than $2 millionGold City Ventures continues to grow.

Persons: Julie Berninger, Berninger, That's, Cody Berman, Berman, They've Organizations: Amazon, Gold City Ventures, Auros Agency

☆ Martine Rose’s Milan Fashion Week debut packs a punch
▼ + stars: | 2024-06-18 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +5 min

“I wanted it to be a bit of a mess,” said Rose ahead of the show on Sunday that marked her debut on the Milan Fashion Week schedule after years presenting her label in London. For her Spring-Summer 2025 show, she continued to challenge traditional concepts of masculinity and classic codes of tailoring. Justin Shin/Getty Images“There is a familiar subversion but I never intend for things to be shocking,” she explained. Milan is something of a fitting host for Rose’s brand with the two sharing a sense of intrigue on first impression. As Rose notes of Milan, “it reveals itself slowly”.

Persons: Martine Rose, “, ”, Rose, Justin Shin, Milan, JW Anderson, Wales Bonner, it’s Organizations: CNN, Milan, Tomorrow Group, BFC, London Locations: Milan, British, London, —, waists, Bermuda, Florence, Paris, Italy

☆ It's the hottest stock in the S&P 500 this month. When the charts say it's time to sell
▼ + stars: | 2024-06-17 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: AVGO, Katie Stockton Organizations: Broadcom Inc, Nvidia, Fairlead, CNBC Pro, Securities Locations: AVGO

☆ A couple headed to Spain on vacation was instead flown 1,500 miles away to Eastern Europe
▼ + stars: | 2024-06-13 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

AdvertisementPassengers with disabilities or reduced mobility are legally entitled to special assistance without an additional charge when flying from the UK, the US, and many other countries. "We have been away lots of times and always had special assistance, so this was nothing new to us," Victoria told the BBC. AdvertisementIn a statement sent to Business Insider, a Ryanair spokesperson said special assistance is "provided by Bristol Airport's special assistance provider — not Ryanair." "We sincerely apologise to these passengers for any inconvenience caused as a result of Bristol Airport's special assistance provider's error and have assured that they will be fully compensated by Bristol Airport," the statement concluded. AdvertisementA spokesperson for Bristol Airport told BI that the situation is being investigated, and the couple will be contacted to "direct their complaint to the correct business partner for resolution."

Persons: —, Victoria Gore, Andrew, Victoria Organizations: Service, BBC News, Ryanair, Business, Bristol Airport, Bristol Airport's, BBC, Kaunas Airport, Department of Transportation, Bristol, BI, ABM Locations: Spain, Andrew, Barcelona, Victoria, Lithuania, England, Bristol, Kaunas, Riga, Latvia

A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals. Elliott said it intends to "pursue all available pathways to deliver the leadership changes" the activist believes Southwest needs. Jordan and Kelly have "presided over a period of stunning underperformance at" Southwest, Elliott said. In just the last few months, the activist has taken a $2.5 billion stake in semiconductor firm Texas Instruments , a $2 billion stake in Japanese conglomerate SoftBank and a $1 billion stake in mining concern Anglo American .

Persons: Elliott, Bob Jordan, Gary Kelly, Jordan, Kelly, Henry Harteveldt, Elliott's Organizations: Southwest Airlines, Laguardia, Elliott Management, Southwest, Delta Air Lines, United Airlines, CNBC, Atmosphere Research, Boeing, Crown, Texas Instruments Locations: New York City , New York, U.S, Southwest, Texas

☆ A crypto trading platform that recruited users through prayer circles was a pyramid scheme that made $1 billion for its 'Reverand CEO,' lawsuit says
▼ + stars: | 2024-06-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Now, the New York attorney general says NovaTechFx is just a front for a $1 billion pyramid scheme. The lawsuit also names as a defendant AWS Mining Pty, a crypto mining platform previously run by the Petions. The lawsuit accuses the couple of targeting Haitian immigrants in New York City to recruit them into the pyramid scheme using local prayer circles. After founding NovaTechFx in 2019, Cynthia Petion rebranded herself as the "Reverend CEO," claiming that her company was "God's vision," the lawsuit says. The Petions also operated the NovaTechFx website, which the lawsuit says is where investors would go to invest in cryptocurrency through the company, according to court documents.

Persons: —, NovaTechFx, Leticia James, Eddy Petion, Cynthia Petion, mindlessly, James, Renold Julien, Konbit Organizations: Service, New, New York, New York Supreme, AWS Mining, Business, Yorkers, Mining Locations: New York, New York City, cryptocurrency, Haitian, United States

☆ The double-level airplane seat is back. This time, there’s a first-class version
▼ + stars: | 2024-05-28 | by ( Francesca Street | ) edition.cnn.com time to read: +12 min

He’s spent his twenties – all five years of them so far – perfecting his vision for economy class dual-level seating. At 6 feet 2 inches (1.88 meters), Núñez Vicente was used to cramped airplane journeys in which he struggled for legroom and struggled to sleep. He imagines the Chaise Longue seats in the middle of each cabin, flanked by regular seating on either side. Testing out the conceptHere's the lower level of the business-class/first-class version of the dual-level seat concept. Here's Núñez Vicente demonstrating what it's like to lie flat in the lower level seat.

Persons: Germany CNN —, Alejandro Núñez Vicente, He’s, he’s, Núñez Vicente, ”, “, Francesca, Steve Jobs, Núñez Vicente won’t, Clara Service Soto, – they’re, Recaro, Safran, Longue, Tapis –, Nunez Vicente, Service Soto, It’s, Francesca Street, you’re, Here's Núñez Vicente, you’d, There’s, Clara, CNN “, ” Núñez Vicente, Vicente, he’ll Organizations: CNN, Germany CNN, CNN Travel, Aircraft, CNN Travel exclusives, Service, legroom, Singapore Airlines ’, AIX, Clara Service Locations: Hamburg, Germany, ”, –, Emirates

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Persons: we've, you'll, you've, fryer, Braun, Fryer, Ninja's, Ninja, Crisp, Pick, It’s, Max, Casper, Pillow, Topper, Allbirds Organizations: Business, Apple, Day, Samsung, Walmart, Samsung TV, Amazon Sony, Amazon Samsung, Amazon, DreamCloud Sealy, Amazon ., Shop, Ninja, Sony, JBL Bluetooth, Amazon Beats, Amazon Apple, JBL, Haven, Elm, Flyers Locations: Brooklyn, France, Chewy

Memorial Day weekend, the traditional launching pad of the summer travel season, is shaping up to set a scorching pace. United is expecting the biggest Memorial Day and summer travel season in the airline’s 98-year history, according to Andrew Nocella, United’s executive vice president and chief commercial officer. Air traffic controller shortageThe air traffic control tower at Los Angeles International Airport is a busy place. The United States is still short thousands of air traffic control personnel. Markus Mainka/imageBROKER/ShutterstockDespite a surge in hiring last year, air traffic control stations nationwide are still about 3,000 controllers short, according to new FAA numbers.

Persons: it’s, Andrew Nocella, Markus Mainka, Scott Keyes, ”, ” Keyes, Tayfun, Bob Thomas, haven’t, Elijah Nouvelage, Keyes, “, Antonio Masiello, he’s, Angela Fritz Organizations: CNN, Federal Aviation Administration, Transportation Security Administration, TSA, American Airlines and United Airlines, Airlines for America, Airlines, America, Air, Los Angeles International, FAA, CNN Travel, San Francisco International, Anadolu Agency, Embry ‑ Riddle Aeronautical University, Aircraft, Travelers, Hartsfield, Jackson Atlanta International Airport, Getty Locations: United States, New York City, Florida, New York, Miami, Chicago, Atlantic, AFP, Rome, Europe, Mexico, Australia, Paris, Iceland, Dublin, CNN’s

☆ I work in the unpredictable film industry so I started blogging as a side hustle. Now it supports me fully — here's how I built it.
▼ + stars: | 2024-05-21 | by ( Elle Hardy | ) www.businessinsider.com time to read: +6 min

I could be on a three-month film set or a nine-month series set and then go months without a call. I started working on YouTube thumbnails and event flyers for the music industry. For example, a friend helped repair my dishwasher, so I put together "gift ideas for makers and tinkers." AdvertisementI started posting in groups and asking for gift ideas to write blog posts about. It's not money I would make on a film set, but it was something.

Persons: —, Ana Julia Gomes, I've, John Wick, Jessica Jones, It's, I'm, DINK Organizations: Service, Business, Constellation, Apple, DJ, WordPress, Facebook Locations: Berlin, Cuba, Miami, New York City

☆ I used to work in airline safety. United's new video has good intentions, but I don't think it will make passengers any less distracted.
▼ + stars: | 2024-05-16 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Read previewI didn't retain much from United Airlines' new inflight safety video. "The safest safety video is one that people will want to watch even on your 45th viewing," United's creative director, Meg Mitchell, who oversaw production, told NPR. Japan Airlines' no-nonsense safety video is very different from the new one United revealed. Japan AirlinesAll 379 passengers on board that plane survived, and the airline's no-nonsense safety video likely helped. Don't get me wrong; I do think there is room for creativity in an airline safety video so long as it clearly conveys the message — but, in my opinion, United's got lost in the theatrics this time.

Persons: —, United, Meg Mitchell, United's Organizations: Service, United Airlines, Business, NPR, FAA, United, Japan Airlines, Japan Airlines Airbus, JAL Locations: Tokyo

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Persons: we've, Allbirds Organizations: Business, Flyers, Shop Locations: San Francisco

☆ MDMA therapy could be legalized by summer. Why are so many advocates sounding the alarm?
▼ + stars: | 2024-05-13 | by ( Anna Silman | ) www.businessinsider.com time to read: +52 min

Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.

Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, —, Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper

☆ The next union organizing wave is at Apple
▼ + stars: | 2024-05-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Apple store workers in Towson, Maryland, made history in June 2022 when they voted to form the first union at one of the tech giant’s sleek US stores. But the union vote in New Jersey this weekend, along with other efforts across the country, could just be the beginning. The Apple workers (possibly) going on strike is going to be a spark for other workers,” Bronfenbrenner said. Workers at the Towson Town Center Apple hold their new union T-shirts after their store employees decided to join the International Association of Machinists Union. Theirs is the first Apple store in the US to vote for union representation.

Persons: Apple, ” Kate Bronfenbrenner, ” Bronfenbrenner, Jay Wadleigh, Barbara Haddock Taylor, Bronfenbrenner, There’s, “, ”, Catherine Thorbecke Organizations: New, New York CNN, Apple, Big Tech, US, Employees, National Labor Relations Board, Labor Education Research, Cornell’s School of Industrial and Labor Relations, Oklahoma City, Towson, CNN, Maryland Apple, International Association of Machinists, Aerospace Workers Coalition, Retail Employees, Workers, Towson Town Center Apple, Baltimore Sun, Tribune, Service, Getty Images, Google, Union, NLRB, World Trade, US Labor Board Locations: New York, Washington, China, Towson , Maryland, Baltimore, Maryland, New Jersey, New York City, United States, International Association of Machinists Union, Short Hills, Atlanta, Cupertino , California

☆ Apple interrogation of NYC worker about union drive was illegal, U.S. labor board rules
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +2 min

Customers shop at the new Apple Store at the World Trade Center shopping mall in New York City. The manager of an Apple Inc retail store in Manhattan violated U.S. labor law by asking an employee whether he supported a union campaign, a federal labor board has ruled in its first decision involving the tech giant. The Democrat-controlled board also affirmed the judge's ruling that Apple illegally barred workers at the World Trade Center store from distributing union flyers. At least two Apple stores in the U.S. have unionized since 2022, and unions are working to organize several other locations including the World Trade Center store. The ruling requires Apple to post notices at the store informing workers that it violated the law and informing them of their legal rights.

Persons: Monday, Apple Organizations: Apple, World Trade Center, Apple Inc, National Labor Relations Board, Democrat, World Trade, . Workers, NLRB Locations: New York City, Manhattan, U.S, Oklahoma City

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ Boeing has lost $32 billion since 2019, with no end in sight. How long can it keep losing money?
▼ + stars: | 2024-05-03 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

New York CNN —Few companies have lost more than the $32 billion that Boeing has lost in the last five years. There’s a lot of work in front of us, but I’m proud of our team and remain fully confident in our future.”It’s not that Boeing’s problems aren’t serious. And the massive losses have resulted in the company’s debt level soaring, from $13 billion at the end of 2018 to $48 billion now. Even if customers could get their hands on Airbus jets right away, there are huge costs for Boeing customers to operate both their existing Boeing jets and a fleet of comparable Airbus planes at the same time. So after Alaska Air purchased Virgin America in 2016, it got rid of the Airbus jets Virgin was flying and became an all-Boeing airline.

Persons: “, ”, Richard Aboulafia, Ron Epstein, Dave Calhoun, ” It’s, Max, Uber, Brian West, “ We’re, Ben Minicucci, Calhoun, Epstein Organizations: New, New York CNN, Boeing, Bank of America, Alaska, Alaska Airlines Boeing, Max, Carnival Corp, Airbus, Airline, Alaska Air, Virgin America, Virgin, year’s, GM Locations: New York, it’s

☆ Airline app glitch randomly logged customers into other people's accounts
▼ + stars: | 2024-05-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

The Qantas app suffered a technical glitch, logging users into random accounts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Australian airline's frequent flyers were left puzzled after a technical glitch with its app logged users into the wrong accounts. In a statement, the airline said some people were able to see other customers' details on the app. That included their name, upcoming flight details, points balance, and frequent-flyer status.

Persons: couldn't, — Organizations: Qantas, Service, Business

☆ Airlines That Offer 'Stopover' Programs, Some With Free Hotels
▼ + stars: | 2024-04-21 | by ( Taylor Rains | ) www.businessinsider.com time to read: +12 min

Airlines capitalize on this trend with "stopover" programs, some even offering free hotels and food. Airlines have jumped on this growing trend with built-in "stopover" programs, which can come with free or discounted hotels, excursions, transportation, and food at the layover destination. Essentially, you can't intentionally book a longer layover to quality for the free stopover hotel. Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty ImagesSingapore Airlines' stopover program is available via the multi-city tool, similar to other carriers, where travelers can add hotels, transfers, and activities. Urbanandsport/NurPhoto via Getty ImagesTurkish Airlines' stopover program gives economy travelers a one-night free hotel stay and business flyers a two-night free stay if the period between their connecting flights in Istanbul exceeds 20 hours.

Persons: —, Robert Smith, Markus Mainka, Liang Xu, Nicolas Economou, Thomas Mukoya, Suparat, Finnair, Shutterstock Icelandair, Marcio Rodrigo Machado, Bauer, Griffin, Alexi Rosenfeld, CHARLY TRIBALLEAU, Massimo Insabato, It's, Matheus Organizations: Service, Airlines, Travelers, An Air Canada Boeing, Getty Images Air, Air France, KLM Air France, KLM, Air, China Southern Airlines, China Southern Airlines Airbus, Getty Images China Southern Airlines, Copa Airlines AP Copa Airlines, Copa, Emirates, Emirates Airbus, Getty Images Emirates, Dubai Connect, Ethiopian Airlines Ethiopian Airlines, Reuters Ethiopian Airlines, Etihad Airways, Etihad Airways Airbus, Shutterstock.com Etihad Airways, Fiji Airways Fiji Airways, Shutterstock Fiji Airways, Iberia Airbus, Japan, Japan Airlines Boeing, Japan Airlines, Latam Airlines Boeing, Latam Airlines, Hotels, An Oman Air, Getty Images Oman Air, Qantas, Getty, JAL, Oneworld, Qatar Airways, Qatar Airways Boeing, Getty Images Qatar Airways, Royal Jordanian Airlines Royal Jordanian Airlines Boeing, Getty Images Royal Jordanian Airlines, Air Lines, Swiss International Air Lines Airbus, Getty Images Swiss, Singapore Airlines, Airbus, Getty Images Singapore Airlines, Portugal, TAP Air Portugal Airbus, TAP Air Portugal, Turkish Airlines, Turkish Airlines Airbus, Getty Images Turkish Airlines Locations: Getty Images Air Canada, Canada, Air France, Xinhua, Panama, Panama City, Emirates, Dubai, UAE, Addis Ababa, Abu Dhabi, Fiji, Australia, New Zealand, Pacific, Helsinki, Iberia, Iberia Airbus Iberia, Madrid, Icelandair, Reykjavik, Tokyo, Osaka, Kyoto, São Paulo, Brasilia, Fortaleza, Recife, Manaus, Curitiba, Belem, Oman, Muscat, layover, Bangkok, San Francisco, AFP, Switzerland, Singapore, Lisbon, Porto, Portuguese, Azores, Madeira, Istanbul

☆ I went to school in Texas and Saudi Arabia. The differences between the 2 systems actually set me up better for the future.
▼ + stars: | 2024-04-15 | by ( Leena Al-Ali | ) www.businessinsider.com time to read: +5 min

But life at an American school was only a part-time gig for me. Related storiesIn Texas, a good education meant moving into the "good" neighborhoods to be zoned for the "good" schools. In Saudi, it meant succumbing to private school tuition, as only international private schools taught in English. My schedule was packed in Saudi ArabiaMy backpack was jam-packed with thick books from the sheer number of subjects we had to juggle in Saudi schools. I missed the posters stapled on tops of posters with dangling flyers that colored the walls of my American schools.

Persons: —, didn't Organizations: Service, West University, Houston, Business, Saudi Locations: Texas, Saudi Arabia, Houston, Cowboy, Saudi

☆ Boeing somehow managed to get itself into even bigger trouble
▼ + stars: | 2024-04-10 | by ( David Goldman | ) edition.cnn.com time to read: +8 min

New York CNN —Boeing has achieved the unthinkable this week: It managed to fall even deeper into crisis. It ultimately approved the planes for shipments to airlines in March 2023 after becoming satisfied that Boeing had fixed the problem. Then, during the first weekend of 2024, part of an Alaska Airlines 737 Max blew off the side of the plane just after take-off, and Boeing has been in crisis mode ever since. In February, pilots on a United Airlines 737 Max reported that the flight controls jammed as the plane landed in Newark, New Jersey. The FAA is allowing the planes to continue flying and Boeing said the problem does not pose an immediate safety risk.

Persons: Sam Salehpour, Salehpour, McDonnell Douglas, Max, Boeing hasn’t, Dave Calhoun, Mike Whitaker, Whitaker, What’s, Boeing’s, Airlines, hasn’t Organizations: New, New York CNN, Boeing, US Federal Aviation Administration, FAA, New York Times, Alaska Airlines, National Transportation Safety Board, United Airlines, Airbus, Airlines Locations: New York, Newark , New Jersey

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