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☆ Sexsomnia: An embarrassing sleep disorder no one wants to talk about
▼ + stars: | 2024-04-28 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

These are all clinically documented cases of sleep sex, or sexsomnia, part of a family of sleep disorders called parasomnias that include sleepwalking, sleep talking, sleep eating and sleep terrors. “There certainly can be legal consequences from the sexual behaviors, particularly with minors, and also with aggressive behaviors during sleep,” Schenck said. Also called OSA, obstructive sleep apnea is a serious sleep malady in which breathing stops for 10 seconds to two minutes many times per hour each night. “It’s the breath holding or apnea from the obstructive sleep apnea that triggers the arousal, typically in men, which then triggers the sexual behaviors in sleep,” Schenck said. “It’s so interesting, because a lot of people with stress become hyposexual, not interested in sex,” Schenck said.

Persons: rouses, Carlos Schenck, ”, Schenck, ” Schenck, Jennifer Mundt, moan, “ You’re, ‘, Yuliya Kirayonak, “, Northwestern’s Mundt, it’s, Mundt, ” Mundt, you’re Organizations: CNN, Hennepin County Medical, University of Minnesota, Northwestern University’s Feinberg School of Medicine, sexsomnia, “, US Centers for Disease Control Locations: Hennepin, Norway, Chicago

☆ A Delta Boeing 767 made an emergency landing after its exit slide fell off midair
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

A Delta flight from NYC to LA had to turn back after its emergency exit slide detached. AdvertisementA Boeing plane was forced to make an emergency landing on Friday after an emergency slide fell off the aircraft. The Delta spokesperson said the airline was "fully supporting retrieval efforts and will fully cooperate in investigations." In a second statement, Delta said that the incident set off an emergency alarm. AdvertisementDelta Airlines 767-332ER makes emergency return to John F. Kennedy International Airport after losing its right-hand side emergency slide.

Persons: —, Delta, John F, Flexport, Max Organizations: Boeing, Service, Delta Air Lines, New York's JFK, Delta, Kennedy, Airport, Breaking Aviation, JFK, Business, Federal Aviation Administration, Air Lines, Kennedy International, FAA, Alaska Airlines Locations: NYC, LA, JFK, New York's, New York, Portland , Oregon

☆ Delta Air Lines Flight Loses Emergency Slide After Takeoff, Officials Say
▼ + stars: | 2024-04-27 | by ( Isabella Kwai | More About Isabella Kwai | ) www.nytimes.com time to read: 1 min

A Boeing 767 plane flown by Delta Air Lines lost an emergency slide on Friday, prompting it to return to New York not long after taking off, officials said. The flight, Delta Air Lines 520, had left Kennedy International Airport in New York and was headed to Los Angeles when its crew discovered an issue related to the aircraft’s right wing emergency exit slide. Crew members also detected an unusual sound near the wing, Delta Air Lines said. Pilots declared an emergency to air traffic controllers and the flight returned to Kennedy and landed safely, the airline said. After the plane landed, it became apparent that the aircraft’s emergency slide had “separated” from the plane, Delta Air Lines said.

Persons: Kennedy Organizations: Boeing, Delta Air Lines, Delta Air, Kennedy International, Pilots Locations: New York, Los Angeles

☆ Tornado kills at least 5, injures 33, in Chinese metropolis
▼ + stars: | 2024-04-27 | by ( Jennifer Hauser | ) edition.cnn.com time to read: +2 min

CNN —At least five people were killed and 33 injured in a tornado Saturday that struck Guangzhou, a city of 19 million people in southern China, according to Chinese state media. Authorities say 141 factory buildings were damaged but no residential houses collapsed, according to the Xinhua news agency. It said a preliminary assessment put the tornado at level-three intensity, two below the highest level of five. A weather station in Liangtian Village, Baiyun District, about 1.7 miles from where the tornado hit, registered a maximum wind gust of 20.6 meters per second, Xinhua reported. Earlier this week state media reported that floods had killed at least four people in Guangdong.

Organizations: CNN, Authorities, Xinhua, China Meteorological Agency Locations: Guangzhou, China, Xinhua, Hong Kong, Guangdong province, Liangtian Village, Baiyun District, Guangdong

☆ There's a new No. 1 U.S. airline—it's not Delta
▼ + stars: | 2024-04-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

There are plenty of factors to consider when booking long-range travel plans. While many airlines will take you where you want to go, the travel experience can vary widely when it comes to factors such as boarding processes, amenities and baggage allowances. After two years in the top spot, Delta Air Lines slipped to fourth place, behind new No. Despite losing its crown, Delta was still found to be the most reliable airline because of its low rate of cancellations, delays, mishandled luggage and denied boardings. The legacy carrier also ranked as one of the most comfortable airlines in terms of in-flight experience.

Persons: WalletHub, Delta Organizations: U.S, Delta Air Lines, Alaska Airlines

☆ CEOs of OpenAI, Google and Microsoft to join other tech leaders on federal AI safety panel
▼ + stars: | 2024-04-26 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN —The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other critical infrastructure, particularly from AI-powered attacks. The Department of Homeland Security said Friday that the panel it’s creating will include CEOs from some of the world’s largest companies and industries. The list includes Google chief executive Sundar Pichai, Microsoft chief executive Satya Nadella and OpenAI chief executive Sam Altman, but also the head of defense contractors such as Northrop Grumman and air carrier Delta Air Lines. It also includes federal, state and local government officials, as well as leading academics in AI such as Fei-Fei Li, co-director of Stanford University’s Human-centered Artificial Intelligence Institute. The US government already uses machine learning or artificial intelligence for more than 200 distinct purposes, such as monitoring volcano activity, tracking wildfires and identifying wildlife from satellite imagery.

Persons: Sundar Pichai, Satya Nadella, Sam Altman, Northrop Grumman, ”, Alejandro Mayorkas, Fei Li, Joe Biden Organizations: Washington CNN, Department of Homeland Security, Google, Microsoft, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil, Stanford, Intelligence, Safety, Security

☆ Final Trades: Netflix, JPMorgan Nasdaq ETF, Delta & Leidos
▼ + stars: | 2024-04-26 | 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 EmailFinal Trades: Netflix, JPMorgan Nasdaq ETF, Delta & LeidosThe Investment Committee gives you their top stocks to watch for the second half.

Organizations: Netflix, JPMorgan Nasdaq, Delta, Investment

☆ India election 2024: Voters battle extreme temperatures as intense heat wave hits region
▼ + stars: | 2024-04-25 | by ( Helen Regan | ) edition.cnn.com time to read: +7 min

New Delhi CNN —Indian voters are battling sweltering conditions to take part in the world’s biggest election as a severe heat wave hits parts of the country and authorities forecast a hotter-than-normal summer for the South Asian nation. The India Meteorological Department (IMD) said a heat wave will affect parts of south and east India until the end of the week, including four states that are voting on Friday. Climate politicsIndia, the world’s most populous nation with 1.4 billion people, often experiences heat waves during the summer months of May and June. But in recent years, they have arrived earlier and become more prolonged, with scientists linking some of these longer and more intense heat waves to the climate crisis. Last year successive heat waves hit India again, closing schools, damaging crops and putting pressure on energy supplies.

Persons: Gandhi Ray, ”, “, Noemi Cassanelli, Narendra Modi, ” Ray, Commision, Aditya Valiathan Pillai, climatologist Maximiliano Herrera Organizations: New, New Delhi CNN —, South, India Meteorological Department, IMD, CNN, National Disaster Management Authority, Bharatiya Janata Party, BJP, Indian National Congress, World Meteorological Organization Locations: New Delhi, India, West Bengal, Bihar, Uttar Pradesh, Karnataka, Baripada, Khammam, Banka district, Maharashtra, Pakistan, Mumbai, Bangladesh, Asia, Thailand, Philippines, Mekong, Vietnam

☆ Open seating no more? Southwest CEO says airline is weighing cabin changes
▼ + stars: | 2024-04-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Southwest Airlines is weighing changes to its cabin that could involve abandoning its single-class, open-seating system to drive up revenue, CEO Bob Jordan told CNBC on Thursday. The changes would mark a massive shift for the carrier that has stood apart from rivals for decades with its simpler business model. Southwest's all-Boeing 737 fleet has a single economy class cabin and no seating assignments, though it does offer earlier boarding to customers for a fee so they can snag their preferred seats. The airline has focused on keeping its product simple and user-friendly for years, aiming to keep its own costs and complexity to a minimum. Meanwhile, rivals including Delta and United have touted high revenue growth for premium seating such as business class and strong upsell rates.

Persons: Bob Jordan, Jordan Organizations: Airlines, CNBC, Boeing, Delta

Nvidia Eddie George picked chipmaker darling Nvidia for its long-term prospects. Oracle shares are up roughly 9% this year. Apple George selected Apple for his second pick. Faced with waning demand and rising competitive pressures, Apple stock has shed nearly 12% this year, making it a weak link among the "Magnificent Seven" tech cohort. The company's legacy of sustainable excellence has also paved the way for cutting-edge technology like Apple Pay and the Apple Watch.

Persons: gunning, Breanna Stewart, Stewart, Mark Zuckerberg, Nvidia Eddie George, George, Jensen Huang, Charlotte Flair, Flair, Oz Pearlman, bitcoin, Pearlman, It's, Caterpillar's, Ekeler, Schulman, Carter, Microsoft Jillian Michaels, Giancarlo Chersich, Michaels, Nancy Pelosi's, Oracle Joey Chestnut, Larry Ellison, Wall, DraftKings, Karen Finerman, Apple George, Apple, DraftKings Eddie George, Apple Charlotte Flair, IBM Oz Pearlman, Carvana Austin, Intel Nev Schulman, Crocs Jillian Michaels, Google Joey, Starbucks Kenny, Smith Organizations: Meta, Nvidia, Tennessee Titans, Tennessee State University, Computer WWE, Computer, Micro, IBM, bitcoin, Caterpillar, Washington, Microsoft, Oracle, FactSet, CNBC, Apple, Apple Watch, Intel, JPMorgan Druski, Nike, Google, Starbucks, Warner Bros, Delta Air Locations: American, Nashville

☆ Alaska Airlines was named America's favorite airline for the 2nd year in a row — months after a hole blew in the side of one of its planes
▼ + stars: | 2024-04-24 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

The airline topped the American Customer Satisfaction Index, despite its infamous panel blowout in January. Overall, US air travel customers were happier than last year with their experiences. The airline comfortably topped the annual American Customer Satisfaction Index with a score of 82, a one-point improvement compared to 2023. Allegiant registered a four-point rise in overall customer satisfaction, making it one of the fastest climbers this year. By collating this information, the American Customer Satisfaction Index says it provides a "definitive measure of passenger satisfaction."

Persons: —, Allegiant, Max, Kyle Rinker, Jonathan W Organizations: Alaska Airlines, Service, American Airlines, Allegiant Air, Delta, United Airlines, Boeing, Portland International, Johnson, International Air Transport Association Locations: Alaska

☆ Clear lets people skip the line at the airport. California lawmakers want to change it
▼ + stars: | 2024-04-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —Clear is a service that lets people skip the security line at airports with nothing but a biometric scan and $189. Clear, a publicly-traded security company, lets members jump the line at airports, sports, concerts and other venues. About 10% of California travelers are Clear members, according to a legislative analysis of the bill. The bill, which appears to be the first in the United States, won’t block Clear at California airports, Newman said. But Clear, and major airlines like Delta, California airports, and business groups like the California Chamber of Commerce oppose the bill.

Persons: Gavin Newsom, ” Sen, Josh Newman, ” Newman, Newman Organizations: New, New York CNN, Transportation Committee, California, Assembly, Gov, Transportation Security Administration, TSA, CNN, Travelers, ” Clear, Association of Flight, American Federation of Government Employees, California Chamber, Commerce, Airports, Committee Locations: New York, California, haves, United States, Delta

☆ JetBlue shares tumble 10% after airline lowers 2024 revenue outlook
▼ + stars: | 2024-04-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

JetBlue Airways shares tumbled more than 10% in premarket trading Tuesday after the airline lowered its 2024 revenue forecast, a setback as it tries to return to profitability. The carrier said second-quarter revenue would likely drop as much as 10.5% on the year, more than double the decline analysts polled by LSEG expected. JetBlue has been on a cost-cutting spree, culling unprofitable routes, and focusing on those with steady demand and high sales for premium seats. JetBlue earlier this year said it would defer $2.5 billion in aircraft spending until the end of the year. Revenue dropped 5.1% from last year to $2.21 billion, matching LSEG revenue expectations.

Persons: LSEG, Joanna Geraghty, Pratt Organizations: JetBlue Airbus A321neo, AMS EHAM, JetBlue Airways, JetBlue, Spirit Airlines, Pratt & Whitney, Revenue Locations: Amsterdam, Netherlands, New York, Delta, America

☆ Ex-JetBlue CEO Robin Hayes to run Airbus North America
▼ + stars: | 2024-04-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Robin Hayes, chief executive officer of JetBlue Airways Corp., speaks during an Economic Club of New York event in New York, US, on Wednesday, March 29, 2023. Former JetBlue Airways CEO Robin Hayes will run Airbus' North America arm, replacing Jeffrey Knittel, the airplane maker said Monday. Hayes, a longtime airline executive who has also held senior leadership roles at British Airways, will start in June. He will be managing Airbus' business in the region, where it has expanded production of narrow-body jets in Mobile, Alabama. It has customers including Delta Air Lines , his former employer JetBlue and the carrier's acquisition target Spirit.

Persons: Robin Hayes, Jeffrey Knittel, Hayes Organizations: JetBlue Airways Corp, Economic, of New, Former JetBlue Airways, Airbus, JetBlue, Spirit Airlines, Justice Department, British Airways, Delta Air Lines Locations: of New York, New York, North America, Mobile , Alabama

☆ These companies spending big to grow their businesses are primed to outperform, Goldman says
▼ + stars: | 2024-04-22 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Companies that are spending big internally to grow their businesses should start outperforming if the economy remains on strong footing, according to Goldman Sachs. The Wall Street bank is advising clients consider buying companies with a high level of capital expenditure and research and development expenses. Those companies have outperformed those returning cash to shareholders via buybacks and dividends this year by 2 percentage points, Goldman said. In this environment, investors typically reward companies investing for growth when economic growth is accelerating, if history is any guide, Goldman said. The firm found a slew of stocks in the S & P 500 with the highest percentage of capex and R & D per market cap.

Persons: Goldman Sachs, Goldman, David Kostin Organizations: Norwegian Cruise Line, United Airlines, American Airlines, Delta Air Lines, Meta, Intel, HP, Western Digital Locations: Norwegian, United

☆ Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour
▼ + stars: | 2024-04-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Delta Air Lines jets are seen on a taxiway at Hartsfield-Jackson Atlanta International Airport in Atlanta on Dec. 22, 2021. Delta Air Lines said it is raising staff pay by another 5% this year as the country's most profitable airline prepares for the busy summer travel season. The pay increase, which starts June 1, applies to workers including flight attendants, ground handlers, mechanics and some office workers, among others. Delta raised staff pay by 5% last year and the pay hike unveiled Monday is the third the Atlanta-based carrier has announced since 2022. With the new raises, starting pay at Delta's mainline operation in the U.S. will rise to $19 an hour from $16.55.

Persons: Delta, Ed Bastian Organizations: Delta Air Lines, Jackson Atlanta International Airport, Association of Flight, CWA Locations: Hartsfield, Atlanta, U.S

☆ Massive floods threaten tens of millions as intense rains batter southern China
▼ + stars: | 2024-04-22 | by ( Nectar Gan | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Heavy rains hammered southern China on the weekend, flooding homes, streets and farmland and threatening to upend the lives of tens of millions of people as rescuers rushed to evacuate residents trapped by rising waters. Since April 16, sustained torrential rains have pounded the Pearl River Delta, China’s manufacturing heartland and one of the country’s most populated regions, with four weather stations in Guangdong registering record rainfall for April. Since last week, at least 44 rivers in the Pearl River basin have swelled above the warning line, threatening to burst their banks, according to state broadcaster CCTV. Aerial view of waterlogged fields after torrential rains on April 20, 2024 in Qingyuan, Guangdong Province of China. Authorities raised the flood control emergency response for the Pearl River Delta to level 2 on Sunday – the second highest in a four-tier system.

Organizations: Hong Kong CNN, Xinhua, China Meteorological Administration, Visual China, CCTV, Authorities Locations: Hong Kong, China, Guangdong, Jiangwan, Shaoguan, Pearl, Qingyuan, Guangdong Province of China, Guangning county, Zhaoqing, Qingyuan city, Guangzhou, Shenzhen

☆ Lyrid meteor shower peaks this week right before the pink full moon
▼ + stars: | 2024-04-21 | by ( Taylor Nicioli | Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —The total solar eclipse has come and gone, but sky-gazers have reason to keep looking up — a meteor shower will peak this week right before a full moon rises. The Lyrid meteor shower will be most active Sunday night through the early morning hours of Monday, according to the American Meteor Society. And April’s full moon, also known as the pink moon, reaches the crest of its full phase at 7:49 p.m. The pink moon actually got its moniker due to its annual appearance not long after the start of spring, much like its namesake, a hot pink wildflower called Phlox subulata that blooms in early springtime, according to The Old Farmer’s Almanac. Instead, an annular solar eclipse creates a “ring of fire” in the sky as the sun’s light surrounds the moon.

Persons: Ashley King, don’t, “, ” King, Paul Hayne, Hayne, It’s, ” Hayne, Lorenzo Di Cola, Alpha Capricornids, Perseids, Draconids, Orionids, Leonids, Geminids, Ursids Organizations: CNN, American Meteor Society, Northern, NASA, University of Colorado, Orvieto Cathedral, •, Alpha Locations: Southern, University of Colorado Boulder, Orvieto, Umbria, Italy, South America, Europe, Asia, Africa, North America

☆ What’s Happening In Myanmar’s Civil War?
▼ + stars: | 2024-04-20 | by ( Hannah Beech | Weiyi Cai | ) www.nytimes.com time to read: +16 min

RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIAWhat’s Happening In Myanmar’s Civil War? Parliamentary rule 1962 Military coup 1988 Nearly five decades of military rule Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government. Parliamentary rule Nearly five decades of military rule National civil unrest British colonial rule 1948 1988 1990 2007 2011 2021 1962 2015 Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government.

Persons: Adam Ferguson, Min Aung, Daw Aung, Suu Kyi, Aung, —, Tom Andrews, Chin, Rakhine Karen Mon Bamar, Kayan, Karen, Ms, hideouts Organizations: MYANMAR INDONESIA Indian Ocean, Insurgent, Council, Myanmar, 8th Battalion, Karenni Nationalities Defense Force, The New York Times, Senior, National Unity Government, People’s Defense Forces, Rebels, Assistance Association for Political Prisoners, Myanmar Peace Monitor, United Nations, General Administration Department, Union of, United, National Liberation Army Locations: RUSSIA CHINA, MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA, MYANMAR INDONESIA Indian, MYANMAR INDONESIA Indian Ocean AUSTRALIA, INDIA CHINA BANGLADESH Mandalay MYANMAR LAOS Naypyidaw Bay, Bengal Yangon THAILAND, INDIA CHINA Mandalay MYANMAR, Yangon THAILAND Bay, Bengal, Myanmar, Ukraine, Gaza, India, China, Karenni State, country’s, Suu, Myanmar’s, British, Sagaing Region, MYANMAR, Naypyidaw, Burma, United States, Rakhine, Thailand, Union, Union of Burma, Afghanistan

☆ China's latest supersonic spy drone looks a lot like the Lockheed D-21 that crashed there in 1971
▼ + stars: | 2024-04-20 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +11 min

The aircraft, shaped like a dart and painted black, was a D-21 supersonic reconnaissance drone. Ultimately unsuccessful, the drone would be relegated to the annals of aviation history if not for the appearance of a strikingly similar Chinese drone unveiled at a recent military parade. AdvertisementThis is what we know about the high-flying Chinese spy drone and the D-21 upon which it could be based. High altitude, high speedLockheed's solution was to create an unmanned high-altitude high-speed reconnaissance aircraft with similar capabilities as the A-12, but much smaller. A WZ-8 reconnaissance drone is on display at the 13th China International Aviation and Aerospace Exhibition on September 28, 2021 in Zhuhai, China.

Persons: —, Francis Gary Powers, Dwight Eisenhower, Marquardt, Bill, Ray Torrick, Chen Xiao, Benjamin Brimelow Organizations: Service, Air Force, 4200th Support Squadron, Andersen Air Force Base, Business, Lockheed Corporation, Soviet, White House, CIA, Central Intelligence Agency, Lockheed's, Works, Redesignated, Navy, US Air Force, Chinese Aviation Museum, Davis, Monthan Air Force Base, 13th China International Aviation, Aerospace, US National Geospatial - Intelligence Agency, 29th Air Regiment, People's Liberation Army Air Force's 10th Bomber, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Guam, China, Soviet Union, Soviet, Yunnan, Beijing, Tucson , Arizona, United States, Zhuhai, People's Republic of China, Liuan, Korean, Taiwan, Pacific, West

☆ Video shows the moment a man shone a laser pointer at an aircraft, risking 'catastrophic consequences,' and leading to a prison sentence
▼ + stars: | 2024-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Andrew Wilson admitted to shining a laser at aircraft in two incidents back in 2022. Wilson was sentenced to four months in prison last Thursday. AdvertisementA 53-year-old man was sentenced to four months in prison after shining a laser at a passenger jet. Jason Marshalsea, the police officer in charge of the case, said: "Shining a laser beam at an aircraft is dangerous and irresponsible and could result in catastrophic consequences." AdvertisementIncidents involving lasers and planes have been on the rise in recent years, despite pleas from authorities for people to stop shining lasers at aircraft.

Persons: Andrew Wilson, Wilson, —, VCeFFXnIUG, Jason Marshalsea Organizations: Service, Airbus, Bristol Airport, Taunton Crown, Sky, Federal Aviation Administration, Delta Air Lines Locations: Somerset, England, Martock , Somerset, Taunton, New York, Mexican

☆ Delta Blockchain Fund founder Kavita Gupta talks the bitcoin halving
▼ + stars: | 2024-04-19 | 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 EmailDelta Blockchain Fund founder Kavita Gupta talks the bitcoin halvingHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Kavita Gupta, Brian Sullivan, “ Organizations: Delta Blockchain, CNBC

☆ Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding
▼ + stars: | 2024-04-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Alaska received $162 million from Boeing for the Jan. 5 accident, which caused the Federal Aviation Administration to briefly ground the planes. The accident has added additional regulator scrutiny on Boeing and slowed its deliveries of new Max planes, of which Alaska is a major customer. "Alaska [Airlines] needs Boeing, our industry needs Boeing and our country needs Boeing to be a leader in airplane manufacturing," he said. Alaska forecast adjusted earnings per share of between $2.20 and $2.40, above the $2.12 analysts polled by LSEG expected. Adjusting for one-time items, Alaska posted a net loss of 62 cents a share in the second quarter, less than the $1.05 per-share loss analysts were expecting, according to LSEG.

Persons: Ben Minicucci, Minicucci, CNBC's, Dave Calhoun, LSEG Organizations: Alaska Airlines, Boeing, Federal Aviation Administration, Airlines, Airline Locations: Alaska, Seattle, Delta

☆ Airline executives predict a record summer and even more demand for first class
▼ + stars: | 2024-04-17 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines "as an airline and as an industry" will carry record numbers of travelers this summer, the carrier's Chief Commercial Officer Andrew Nocella said on an earnings call Wednesday. "Demand continues to be strong, and we see a record spring and summer travel season with our 11 highest sales days in our history all occurring this calendar year," Delta Air Lines CEO Ed Bastian said on his company's call a week earlier. Customers appear willing to pay up for first class and other cabins above standard coach, executives said. Some of those carriers have struggled in recent months because of higher capacity, limited airplane availability and higher costs.

Persons: Andrew Nocella, Ed Bastian, Nocella Organizations: United Airlines, Air, American Airlines, Southwest Airlines, Boeing, Federal Aviation Administration, . Airlines Locations: Delta, United

☆ Why Corporate America is keeping quiet on abortion
▼ + stars: | 2024-04-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +8 min

New York CNN —Eight years ago, when North Carolina tried regulate how transgender people use public bathrooms, Corporate America revolted. Nearly two dozen states have either banned or severely curtailed abortion rights since Roe v. Wade was overturned two years ago. Lamberton: What we’ve seen is the natural life cycle of an idea. But in the last few years, we’ve seen that position softening. Economically, we’ve seen a great deal of volatility just in the last half decade.

Persons: CNN Business ’, Roe, Wade, we’ve, Bud, Cait Lamberton, ” Lamberton, ”, Lamberton, We’ve, Bud Light, Busch, isn’t, it’s, they’re, John Wanamaker Organizations: CNN Business, New York CNN —, America, PayPal, Associated Press, —, American Civil Liberties Union, University of Pennsylvania’s Wharton School of Business, Consumers, Anheuser, Bud, Brands, Coca Cola, Companies, Technology Locations: New York, North Carolina, Ukraine, Georgia, Philadelphia

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