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☆ Flying Is Awful, but New Ways to Fix Air Travel Are on the Way
▼ + stars: | 2024-08-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +13 min

The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.

Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, —, it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business

☆ What Killed Harmony Ball-Stribling?
▼ + stars: | 2024-08-11 | by ( Roni Caryn Rabin | Rory Doyle | ) www.nytimes.com time to read: +1 min

The last day Byron Stribling spent with his wife, Harmony, was the Fourth of July in 2021. The congregation at their church in Belzoni, a small town in the Mississippi Delta, blessed the couple and prayed for a safe delivery for Ms. Ball-Stribling. But around midnight, Ms. Ball-Stribling threw up and said her chest hurt. On the way, Ms. Ball-Stribling had a seizure. But he already knew he had lost her, there on the shoulder of Route 49-W.What killed Harmony Ball-Stribling?

Persons: Byron Stribling, Stribling, “, that’s Organizations: Mississippi Delta Locations: Belzoni, Mississippi, Yazoo City, Miss

☆ The Perseids Meteor Shower Is Peaking. Here’s How to Watch.
▼ + stars: | 2024-08-09 | by ( Katrina Miller | ) www.nytimes.com time to read: +1 min

Meteor showers, natural fireworks that streak brightly across the night sky, are one of them. The latest observable meteor shower will be the Perseids, which have been active since mid-July and are forecast to continue until the end of August, at the latest. A favorite among skywatchers, the Perseids are one of the strongest shows each year, with as many as 100 long, colorful streaks an hour. This year, viewers may have to compete with light from the moon, which will be nearly half full on the night that the shower peaks. But according to Sky & Telescope, the moon will set before midnight, leaving the early morning hours sufficiently dark for a spectacular show.

Organizations: Global, Network, Alpha, Southern Delta, Northern, Sky &

☆ Delta says chaos after CrowdStrike outage cost it $550 million
▼ + stars: | 2024-08-08 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +1 min

Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing legal claims against the company as well as Microsoft. The incident, in which it canceled some 7,000 flights, also meant a $170 million expense “associated with the technology-driven outage and subsequent operational recovery,” the carrier said, adding that its fuel bill will likely be $50 million lower because of the scrubbed flights. Delta struggled more than its competitors to recover from the July 19 outage, which took millions of Windows-based machines offline around the world. The disruptions occurred at the height of the summer travel season, leaving thousands of Delta customers stranded, a rare incident for the carrier that markets itself as a premium carrier that gets top marks for reliability. “Since the incident, our people have returned the operation to an industry-leading position that is consistent with the level of performance our customers expect from Delta.”

Persons: Ed Bastian Organizations: Delta Air Lines, Microsoft, Delta Locations: Atlanta, Delta

☆ Delta lashes out at CrowdStrike for its ‘vastly inadequate’ apology
▼ + stars: | 2024-08-08 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

Boies, hired to lead Delta’s lawsuit against CrowdStrike, said the tech company was “grossly negligent” and was solely responsible for the outage. But Boies called Delta’s IT systems “world class” and claimed Delta’s outage lasted longer because it was so heavily reliant on CrowdStrike and Microsoft. He also disputed the companies’ claims that Delta turned down help and worked around the clock to bring Delta back online. “CrowdStrike also did not work “tirelessly” to help Delta restore its systems,” Boies said. CrowdStrike said Delta ignored its help, and Microsoft said Delta’s mismanagement contributed to the cancellations.

Persons: Delta’s, David Boies, CrowdStrike, Delta, Boies, ’ ”, misstatements, ”, ” Boies, “ CrowdStrike, “, “ CrowdStrike’s, George Kurtz, David DeWalt, DeWalt, Ed Bastian, ” Bastian Organizations: CNN, ” Delta, Microsoft, Delta, LinkedIn, CNBC, “, US Department of Transportation Locations: Delta

☆ Delta says chaos after CrowdStrike outage cost it $380 million in revenue
▼ + stars: | 2024-08-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California. Delta Air Lines on Thursday said last month's CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing damages against the company as well as Microsoft . Delta struggled more than its competitors to recover from the July 19 outage, which took millions of Windows-based machines offline around the world. "Since the incident, our people have returned the operation to an industry-leading position that is consistent with the level of performance our customers expect from Delta." The U.S. Department of Transportation last month said it is investigating Delta's response to the outage and flight cancellations.

Persons: Ed Bastian, CrowdStrike Organizations: Delta Airlines Airbus, Los Angeles International Airport, Delta Air Lines, Microsoft, Delta, U.S . Department of Transportation Locations: Las Vegas, Los Angeles , California, Atlanta

☆ CrowdStrike responds to Delta accusations, calls narrative 'misleading'
▼ + stars: | 2024-08-08 | 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 EmailCrowdStrike responds to Delta accusations, calls narrative 'misleading'CNBC's Kate Rooney joins 'Fast Money' to talk CrowdStrike's response to Delta's accusations over outage.

Persons: CrowdStrike, Kate Rooney

☆ Delta passengers sue airline over refund refusals after CrowdStrike meltdown
▼ + stars: | 2024-08-07 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

“The impact on Delta passengers was disastrous,” the lawsuit said. In other cases, it would only offer partial reimbursement if passengers signed a waiver releasing the airline of any legal claims. On Monday, July 22, Delta canceled more than 1,250 flights — making up nearly 70% of all domestic cancellations, the lawsuit said. In response, Delta offered Plaintiff a $100 voucher to use towards a future flight with Delta,” the lawsuit said. Both companies claimed Delta ignored their repeated offers for help as passengers were left stranded in airports across the country.

Persons: Delta, —, “, ” Delta, Pete Buttigieg, Ed Bastian, Bastian, CrowdStrike, ”, you’ve, ” Bastian, David Boies, Michael Carlinsky Organizations: New, New York CNN, Delta Air Lines, Microsoft, Delta, Greyhound, CNBC, CNN, IBM Locations: New York, Denver, Amsterdam, Delta, Atlanta

☆ Tuesday's analyst calls: Taiwan Semiconductor a buying opportunity, CrowdStrike upgraded
▼ + stars: | 2024-08-06 | by ( Fred Imbert | ) www.cnbc.com time to read: +6 min

He increased his price target by $25 to $575, which suggests shares can jump about 20.9% over the next year. Rollins upgraded the stock to neutral from sell and upped his price target from $1.25 to $3.15 per share, which implies roughly 21.6% potential upside. Analyst Rick Wise initiated coverage of GE Healthcare with a buy rating and $100 price target, which suggests 22.7% upside. Analyst Rob Owens upgraded the global cybersecurity company to overweight from neutral and lowered his price target by $20 to $290, which implies 30.6% upside. Its price target of 1,200 Taiwanese dollars implies upside of 36.4%.

Persons: Morgan Stanley, Piper Sandler, Rob Sanderson, Sanderson, — Pia Singh, Michael Rollins, Rollins, Lumen, Rick Wise, Wise, CrowdStrike, Rob Owens, Owens, pare, Price, Charlie Chan, Chan, Fred Imbert Organizations: CNBC, Taiwan Semiconductor, Meta, Citi, Lumen Technologies, GE Healthcare, Delta Air Lines, Microsoft Locations: U.S

Mark Cheffo, a Dechert partner representing Microsoft, sent a letter Tuesday to attorney David Boies of Boies Schiller Flexner. Boies represents Delta and had sent letters on behalf of the airline to CrowdStrike and Microsoft. Cheffo wrote in his response that Microsoft empathizes with Delta and its customers on the impact of the CrowdStrike incident. Cheffo wrote that Microsoft offered to help Delta for free. Cheffo described a letter on July 22, from Microsoft to a Delta employee, offering help.

Persons: Ed Bastian, CNBC's, Mark Cheffo, David Boies, Boies Schiller, Boies, Hossein Nowbar, Cheffo, Delta, Satya Nadella, Bastian, CrowdStrike, George Kurtz Organizations: Microsoft, Delta Air Lines, Delta, IBM, Web Services Locations: Boies, Delta, Atlanta

☆ Microsoft lashes out at Delta: Your ancient tech caused the service meltdown
▼ + stars: | 2024-08-06 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

Microsoft also claimed Delta turned down help after the CrowdStrike bug led to “blue screens of death” on Windows devices. Microsoft, CrowdStrike and Delta have been in a war of words since the airline hired a high-profile attorney to seek compensation from Microsoft and CrowdStrike. Delta CEO Ed Bastian lashed out at CrowdStrike in a CNBC interview last week and said the computer problems cost Delta $500 million. While other airlines were quick to resume normal operations after the CrowdStrike outage, Delta was forced to cancel about 30% of its schedule over those five days, leaving an estimated half-million passengers stranded. Free consulting advice to help us,” said the Delta CEO in an interview on CNBC.

Persons: cancelations, Delta, Ed Bastian, CrowdStrike, Mark Cheffo, “, ”, Satya Nadella, Bastian, you’ve, ” Bastian, David Boies, George Kurtz, Michael Carlinsky, —, CNN’s Chris Isidore Organizations: New, New York CNN, Microsoft, Delta Air Lines, CNBC, Delta, IBM, CNN, CrowdStrike Locations: New York, CrowdStrike, Delta

☆ Microsoft Says Delta Was Largely Responsible for Flight Cancellations
▼ + stars: | 2024-08-06 | by ( Niraj Chokshi | More About Niraj Chokshi | ) www.nytimes.com time to read: +1 min

Most carriers bounced back relatively quickly, but Delta struggled for days, ultimately canceling about 5,000 flights over four days, or more than a third of its schedule. Last week, he told employees that he had hired Mr. Boies’s firm, Boies Schiller Flexner, to pursue legal claims against Microsoft and CrowdStrike, which also rebutted Delta’s claims this week. Microsoft repeated that offer over five days, from July 19 to July 23, but was turned down each time, it said. (In its letter, CrowdStrike said Delta had rejected or ignored its offers for help, too.) It also accused Delta of using outdated information technology.

Persons: Ed Bastian, Boies’s, Boies Schiller, Delta’s, Cheffo, Satya Nadella, Bastian, CrowdStrike, Delta Organizations: Microsoft Windows, Delta, Microsoft, IBM Locations: Delta

☆ Jim Cramer touts Caterpillar's quarter — plus, his thoughts on 4 more stocks
▼ + stars: | 2024-08-06 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Caterpillar : The industrial giant's second-quarter results beat Wall Street estimates on the top and bottom lines. While the stock has been in both positive and negative territory Tuesday, Jim Cramer said, "I happen to like the quarter." Uber : Shares jumped more than 8% after the ride-hailing provider reported stronger-than-expected quarterly results. Kenvue : The maker of Listerine and Tylenol reported quarterly sales and per-share profits ahead of Wall Street expectations.

Persons: Jim Cramer's, Jim Cramer, Piper Sandler, Delta, Cramer, Jim, Dara Khosrowshahi Organizations: CNBC, Club, Caterpillar, Wall Locations: U.S

☆ Record temperatures scorch eastern China, spiking power demand
▼ + stars: | 2024-08-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

BEIJING — Eastern China is baking under unseasonably high temperatures, with the excessive heat expected to linger in mega coastal cities in the highly industrialized provinces of Jiangsu and Zhejiang for up to 10 more days. In the east and northwest of China, temperatures as high as 43.9 degrees Celsius (111.02 degrees Fahrenheit) have scorched Zhejiang, Jiangsu, Shanghai, Anhui and Xinjiang in recent days, state broadcaster CCTV said. The city of 12.5 million people is expected to swelter under temperatures exceeding 104F through Sunday. Jiangsu’s observatory issued a red warning for heat on Sunday after high temperatures that had persisted for more than a week further intensified. Hangzhou is expected to see 10 straight days of above 104F weather, breaking its record of eight days in 2013.

Persons: CFOTO Organizations: CCTV, IKEA, Getty Images, Grid, Getty Locations: BEIJING, Eastern China, Jiangsu, Zhejiang, China, Shanghai, Anhui, Xinjiang, Hangzhou, Nanjing, Wuxi, Changzhou, Zhenjiang

☆ CrowdStrike fires back at Delta, claiming the airline ignored offers of help during service meltdown
▼ + stars: | 2024-08-05 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —CrowdStrike fired back at Delta after the airline’s CEO lashed out at the cybersecurity firm for computer problems that he said cost Delta $500 million. CrowdStrike claimed Delta would have to explain its own IT shortcomings in any litigation, and that it ignored CrowdStrike’s offers of assistance. But last week, Bastian claimed CrowdStrike was nowhere to be found during the meltdown. Free consulting advice to help us,” said the Delta CEO in an interview on CNBC. It said Delta would have to explain why other airlines restored operations faster and why it turned down CrowdStrike’s onsite assistance.

Persons: New York CNN — CrowdStrike, CrowdStrike, CrowdStrike’s, ” CrowdStrike, George Kurtz, Ed Bastian, “, Michael Carlinsky, —, Bastian, ”, you’ve, ” Bastian, David Boies, CNN’s Chris Isidore Organizations: New, New York CNN, Delta, CNBC, CNN, Microsoft Locations: New York, Delta, CrowdStrike

☆ CrowdStrike Hits Back in Heated Spat With Delta Over Global Tech Outage
▼ + stars: | 2024-08-05 | by ( Lauren Hirsch | More About Lauren Hirsch | ) www.nytimes.com time to read: +1 min

The legal saber rattling between the cybersecurity company CrowdStrike and Delta Air Lines over the global I.T. outage last month just ratcheted up a notch. The blame for Delta’s woes lies with the airline alone, the lawyers wrote. The letter was in response to Delta’s hiring of David Boies, a prominent litigator, and saying that it would seek damages over the outage, which it said cost it $500 million. Shares in both companies have plunged since the July 19 outage, with CrowdStrike down more than 35 percent.

Persons: Quinn Emanuel Urquhart, Sullivan, David Boies, Pete Buttigieg —, ”, we’re Organizations: Delta Air Lines, The New York Times, NPR, Transportation Locations: Delta

☆ CrowdStrike is denying Delta's claims it was to blame for thousands of flight disruptions
▼ + stars: | 2024-08-05 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

CrowdStrike denies Delta's claims that the firm is responsible for thousands of flight disruptions. CrowdStrike wrote in a letter that it "strongly rejects" the airline's allegations. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: CrowdStrike, Delta's, Ed Bastian, —, Michael Carlinsky, Quinn Emanuel Urquhart, Sullivan Organizations: Service, Delta Air Lines, Business Locations: Delta, Texas

☆ CrowdStrike is sued by fliers after massive outage disrupts air travel
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +2 min

Travelers wait to board their delayed flight at the Hartsfield-Jackson Atlanta International Airport on July 23, 2024 in Atlanta, Georgia. CrowdStrike 's legal troubles from last month's massive global computer outage deepened on Monday, as the cybersecurity company was sued by air travelers whose flights were delayed or canceled. CrowdStrike said in a statement: "We believe this case lacks merit and we will vigorously defend the company." Delta faces a U.S. Department of Transportation probe into why it needed more time than rivals to recover from the outage. Monday's case is del Rio et al v CrowdStrike Inc, U.S. District Court, Western District of Texas, No.

Persons: CrowdStrike Organizations: Hartsfield, Jackson Atlanta International Airport, Southwest Airlines, Delta Air Lines, Austin, U.S . Department of Transportation, CrowdStrike Inc, Western District of Locations: Atlanta , Georgia, Austin , Texas, Atlanta, Rio et, Western District, Western District of Texas

☆ High temperatures scorch China, spiking power demand
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +2 min

In the east and northwest of China, temperatures as high as 43.9 degree Celsius (111.02 Fahrenheit) have scorched Zhejiang, Jiangsu, Shanghai, Anhui, Xinjiang in recent days, state broadcaster CCTV said. China Meteorological Administration said some localities in Xinjiang's Turpan Basin, southern Anhui, and central and western Zhejiang, temperatures could rise above 40C. The observatory of Zhejiang's capital Hangzhou recorded a 41.9C historical high on Saturday, with 40-42C temperatures forecast till Monday. Jiangsu's observatory issued a red warning for heat on Sunday after high temperatures which had persisted for more than a week further intensified. The national weather forecaster on Monday cautioned of potential fire hazards caused by excessive power consumption and excessive electrical loads.

Organizations: CCTV, China Meteorological Administration, Grid Locations: Nanjing, China, Jiangsu, Zhejiang, Shanghai, Anhui, Xinjiang, Turpan, Hangzhou, Wuxi, Changzhou

☆ Lightning Round: Boeing has long-term staying powder, says Jim Cramer
▼ + stars: | 2024-08-05 | by ( Jim Cramer | ) 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 EmailLightning Round: Boeing has long-term staying powder, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Boeing, Freeport-McMoRan, Delta, Nvidia, and Philip Morris.

Persons: Jim Cramer, Philip Morris Organizations: Boeing, Nvidia Locations: Freeport, McMoRan

Travelers wait in line, as a flight board shows delays, on the check-in floor of the Delta Air Lines terminal at Los Angeles International Airport (LAX) on July 23, 2024 in Los Angeles, California. CrowdStrike on Sunday said Delta Air Lines had rejected onsite help during last month's massive outage that sparked thousands of flight cancellations. Delta CEO Ed Bastian told CNBC's "Squawk Box" last week that the mass cancellations following the outage, which occurred at one of the busiest times of the year, cost the company about $500 million, including customer compensation. In response, Michael Carlinsky, CrowdStrike lawyer and co-managing partner at Quinn Emanuel Urquhart & Sullivan wrote to Delta's lawyer David Boies on Sunday that Delta's litigation threats "contributed to a misleading narrative that CrowdStrike is responsible for Delta's IT decisions and response to the outage." He said CrowdStrike's CEO George Kurtz reached out to Bastian to "offer onsite assistance, but received no response."

Persons: CrowdStrike, Ed Bastian, CNBC's, Bastian, Boies Schiller, Michael Carlinsky, Quinn Emanuel Urquhart, Sullivan, David Boies, George Kurtz Organizations: Delta Air Lines, Los Angeles International Airport, Microsoft Locations: Los Angeles , California

☆ Finding cheap birth control is becoming harder for many in states with abortion bans
▼ + stars: | 2024-08-03 | by ( Kaitlin Sullivan | Kaitlin Sullivan Is A Contributor For Nbcnews.Com Who Has Worked With Nbc News Investigations. She Reports On Health | Science | ) www.nbcnews.com time to read: +8 min

A renewed spotlight on protecting access to birth control may not help women who are already struggling to find affordable contraception in some states with the strictest abortion laws. Few community clinics have the amount of money needed to cover birth control each month, McCollum said. But over-the-counter birth control pills haven’t reached many women in rural areas. Because of the Texas policy change an estimated one-quarter of family planning clinics in the state closed by 2013. “If someone does not have insurance, we can pay for their visit and their birth control method,” McCollum said.

Persons: Robin Marty, ” Marty, Court’s Dobbs, Roe, Wade, Kate McCollum, McCollum, “, Adek Berry, haven’t, ”, Marty, Jitoria Hunter, It’s, ” McCollum, ” Hunter, Micaela Sanchez, it’s, Sanchez, ” Sanchez, Meta Anderson, ” Anderson Organizations: Healthcare, Medicaid, Getty, and Drug Administration, Target, Walmart, Walgreens, CVS, Center for Healthcare, Mississippi Delta Locations: Tuscaloosa , Alabama, Alabama, Southern, Mississippi, Texas, Dallas . Federal, AFP, ” In Mississippi, Tennessee, Alabama , Mississippi, Louisiana , Arkansas, Oklahoma, In Texas, In Mississippi, Alabama , Texas, Dallas County, Dallas, Louise , Mississippi, Georgia

☆ Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos
▼ + stars: | 2024-08-02 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +1 min

Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked by a botched CrowdStrike software update that stranded thousands of customers and crew. Delta had more trouble than competitors in recovering from the outages that took thousands of Windows machines offline. The disruption “has been a humbling moment for our company,” Bastian said in his note on Friday, which was seen by CNBC. Its executives frequently point out Delta’s work to win over customers willing to pay more to fly the carrier, marketing itself as a premium airline. Bastian said Delta plans to pursue legal action against CrowdStrike and Microsoft “to recover our losses caused by the outage” and that it has hired law firm Boies Schiller Flexner.

Persons: Ed Bastian, Bastian, ” Bastian, “, Delta, Boies Schiller, ”, CrowdStrike didn’t Organizations: Delta Air, Delta, CNBC, CrowdStrike, Microsoft

☆ Why the market's most-regulated companies need military-grade cybersecurity
▼ + stars: | 2024-08-02 | by ( Barbara Booth | ) www.cnbc.com time to read: +8 min

Finance, health care and other regulated industries should consider their specific needs and tailor their defenses with military-grade components, he added. The implementation of military-grade cybersecurity is not without challenges. In 2024, regulated industries have witnessed a significant increase in both the number and cost of data breaches. Frederic Rivain, chief technology officer of Dashlane, holds a contrarian view on the need for military-grade defenses. "Multifactor authentication is important, and you must have it, but you still need to have multiple layers," Two Bears said.

Persons: CrowdStrike, Javad Abed, Abed, shouldn't, Cole, Didi, National Intelligence Avril Haines, Gen, Gary Orenstein, Orenstein, doesn't, Frederic Rivain, Rivain Organizations: Johns Hopkins Carey Business School, Delta Air Lines, Finance, IBM, Ponemon Institute, Bears, Amazon, Data, Verizon, National Intelligence, Employees Locations: ThinkGard, U.S, China, America

☆ Airlines may be struggling but global travel is in an uptrend. These companies are set to benefit
▼ + stars: | 2024-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Global Jets ETF , whose largest holdings are Southwest Airlines , United Airlines , American Airlines and Delta Air , is off 7.5% just since the end of June. GE Aerospace GE Aerospace is a pure play on the rise of global air travel, according to John Belton, portfolio manager at Gabelli Funds. Just about all 18 analysts polled by LSEG consider GE Aerospace a buy, with five rating it a strong buy. Central to the investment thesis for GE Aerospace is its market leadership. "The air travel industry is a growth industry," Galluccio said.

Persons: Richard Branson, John Belton, Belton, Nicholas Galluccio, Galluccio, Morningstar, that's, Tony Bancroft, Bancroft, there's, wanderlust Organizations: Virgin Group, U.S . Global Jets ETF, Southwest Airlines, United Airlines, American Airlines, Delta Air, Transportation, Boeing, Airbus, Gabelli, International Air Transport Association, AAR Corp, Teton Advisors, Westwood, Equity, GE Aerospace GE Aerospace, Gabelli Funds, New York Stock Exchange, General Electric, GE Aerospace, LSEG, GE, Airlines, Morningstar, Growth, Max, Federal Aviation Administration, Aerospace & Defense ETF, Heico Corporation, Triumph, TransDigm Locations: U.S, Eastern Europe

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