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☆ Can Boeing get back to its glory days?
▼ + stars: | 2024-07-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +17 min

Then on Jan. 5, about six minutes and 16,000 feet into a packed flight out of Portland, Oregon, a door plug blew out of a nearly new Boeing 737 Max 9. The Federal Aviation Administration barred Boeing from increasing output of its Max planes and stepped up hands-on inspections at production plants. The 737 was dubbed "Baby Boeing" and went on to become the company's bestseller, helping to make Boeing the largest U.S. exporter. Pilots in those Boeing planes fought against a flight-control system, the Maneuvering Characteristics Augmentation System, that pushed the nose of the planes downward repeatedly. Boeing has said it aims to increase rates to about 50 Max planes a month in the next few years.

Persons: Joshua Roberts, Max, AeroSystems, Sen, Richard Blumenthal, Conn, Dave Calhoun, Boeing hasn't, Brian West, Aengus Kelly, Bob Jordan, I'm, Antonoaldo Neves, Calhoun, Steve Mollenkopf, Pat Shanahan, Donald Trump, Barack Obama, AerCap's Kelly, Mulugeta Ayene, we've, NASA —, Scott Kirby, McDonnell Douglas, Rob Spingarn, Kirby, Spirit Aerosystems, William Campbell, it's, It's, Howard McKenzie, Kevin Lamarque, Goldman Sachs, Noah Poponak, Alex Krutz Organizations: American Airlines Boeing, Reagan National, FAA, Reuters Boeing, Wall, Boeing, Justice Department, Alaska Airlines, National Transportation Safety Board, NTSB, Via Reuters Industry, Farnborough, Federal Aviation Administration, Airbus, JPMorgan, Etihad Airways, General Electric, Blackstone, Qualcomm, Lion, Ethiopian Airlines, Pilots, Justice, Reuters, NASA, Lion Air, CNBC, Research, Max, Spirit, Corbis, Jefferies, DOJ, Senate Homeland Security, Governmental Affairs, Capitol, Patriot Industrial Partners Locations: Los Angeles, United States, Washington , U.S, Portland , Oregon, Alaska, U.S, Maldives, Wall, United Kingdom, Boeing's, Emirates, Southwest, United, Indonesia, Addis Ababa, Bishoftu, Debre Zeit, Ethiopia, BOZEMAN , MT, Wichita , Kansas, Bozeman, Bozeman , Montana, Seattle, Chicago, Arlington , Virginia, Wichita, South Carolina, Washington

☆ An Airbus A380 flying to London turned back when the powerful scent of laundry detergent made people feel sick and dizzy
▼ + stars: | 2024-07-16 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

The flight from Washington, DC, to London Heathrow made an emergency landing in Boston. The scent was later found to have come from five pallets of laundry beads in the cargo hold. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA British Airways Airbus A380 had to turn around after an "overpowering scent" of laundry detergent filled the plane, making people feel sick and dizzy, the Transportation Safety Board of Canada said. Data from Flightradar24 shows the superjumbo jet was flying from Washington, DC, to London Heathrow on July 7 when it U-turned over Newfoundland before landing at Boston.

Persons: — Organizations: British Airways, London Heathrow, Service, British Airways Airbus, Transportation, Board, Canada, Business Locations: Washington, London, Boston, Newfoundland

☆ Elysian unveils fully electric 90-passenger plane
▼ + stars: | 2024-07-15 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +9 min

“You shouldn’t assume that an electric plane is going to look like the (most successful) planes of today,” de Vries says, adding that a common misconception is that electric planes should essentially be electrified versions of the lightest regional turboprops. What you end up with is a plane that in weight proportions, for example, looks much more like old 1960s jets. Israeli-founded Eviation has flight-tested its plane, called Alice – a fully electric nine-passenger commuter plane with a range of 250 nautical miles that the company aims to put into service in 2027. “There are over 5,000 aircraft in service today in the E9X’s size category of 70 to 100 seats,” he says. If Elysian can surmount the technology and infrastructure challenges, he adds, it will then face the commercial challenge of entering a fiercely competitive market.

Persons: it’s, Reynard de Vries, ” de Vries, de Vries, Vries, Rob Wolleswinkel, Elysian’s, ”, de, Daniel Rosen Jacobson, Jordi Huisman, Çınar, Eviation, Alice –, Gary Crichlow, Crichlow, ” Crichlow Organizations: CNN — Commercial, Elysian, Boeing, Airbus, Delft University of Technology, “, University of Michigan, Heart Aerospace Locations: Netherlands, de Vries, British, American

☆ Earnings playbook: Your guide to the first full week of the reporting season, including Netflix and Goldman
▼ + stars: | 2024-07-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Monday Goldman Sachs is set to report earnings before the bell. This quarter: Morgan Stanley is expected to report earnings per share growth of more than 30%, per LSEG. What history shows: Bespoke data shows United beats earnings expectations 71% of the time. Thursday Netflix is set to report earnings after the bell, with a conference call slated for 4:45 p.m. This quarter: The streaming giant is expected to report earnings per share growth of more than 40%, per LSEG.

Persons: Goldman Sachs, Morgan Stanley, Hugh Son, David Solomon, Goldman, Ted Pick, UAL, Leslie Josephs, NFLX, Goldman's Eric Sheridan, Citi's Jason Bazinet Organizations: Bank of America, Netflix, CNBC, LSEG, Investment, Wednesday United Airlines, Delta, Boeing, Airbus

☆ See inside the $21 million Embraer Praetor 600, one of the most advanced midsize private jets on the market
▼ + stars: | 2024-07-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

The Embraer Praetor 600 is a $21 million super-midsize business jet. See inside the $21 million aircraft that's fully fly-by-wire and has touchscreen cabin controls. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Embraer, Service, Airbus, Boeing, Business

☆ Airbus launches cost cuts to 'save 2024' after output woes
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: +1 min

An Airbus A350-1000 aircraft flies above a mosque during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport on November 14, 2023. PARIS, July 12 (Reuters) — Airbus has launched a program of cost cuts and a freeze on overall headcount to shore up performance at its core planemaking business in 2024 and beyond, weeks after being forced to cut targets for jet production, industry sources said. An Airbus spokesperson declined to comment on internal memos but confirmed the existence of a performance-improvement plan. In the memo, Scherer predicted that Boeing's ongoing corporate and industrial crisis would force Airbus' main rival to "radically change for the better," the sources said. He also drew attention to the steady rise of China as a competitor with strong state backing and a big domestic market.

Persons: Christian Scherer, Scherer Organizations: Airbus, Maktoum International Airport, Boeing Locations: Dubai, Al, Maktoum, PARIS, China

☆ Europe’s Ariane 6 rocket succeeds in debut flight
▼ + stars: | 2024-07-09 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

CNN —The European Space Agency’s member countries have endured a space access predicament as they have waited to have a functioning rocket in their toolbox. Europe’s Vega-C rocket, designed for vaulting small satellites to orbit, has also been grounded since a December 2022 failure. Spectators watch the takeoff of the Ariane 6 rocket from its launchpad at the Guiana Space Center on Tuesday. The Ariane 6 rocket is seen prior to its maiden launch at the Guiana Space Center on Tuesday. Jody Amiet/AFP/Getty ImagesOn Tuesday, the rocket took off on its inaugural test flight hauling small satellites, experiments and technology demonstrations.

Persons: Safran, Europe’s Vega, Jody Amiet, Josef Aschbacher, “, ” Aschbacher, it’s Organizations: CNN, Guiana Space Center, ESA, SpaceX, Arianespace, Airbus, Getty, European Organisation Locations: Kourou, French Guiana, South, France, ArianeGroup, AFP, Elon Musk’s California, Europe, Nemo

This photograph shows the takeoff of the European Space Agency satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | AFP | Getty ImagesThe powerful European-built Ariane 6 rocket made its long-awaited liftoff on Tuesday as the region returned to a launch market dominated by Elon Musk's SpaceX. The rocket is a combined effort of about $4.5 billion overseen by the European Space Agency, or ESA, and built by ArianeGroup, an Airbus and Safran joint venture. Delayed debutThe European Space Agency satellite launcher Ariane 6 rocket is seen prior to its maiden launch at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. The European Space Agency satellite launcher Ariane 6 rocket moves to the launch pad prior to its liftoff at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024.

Persons: Jody Amiet, Elon Musk's, Safran Organizations: European Space Agency, Guiana Space, AFP, Getty, Elon, Elon Musk's SpaceX, ESA, Airbus, Afp, Soyuz, SpaceX Locations: Kourou, French Guiana, Ukraine, Russia, Europe

☆ Air travel demand is breaking records. Airline profits are not
▼ + stars: | 2024-07-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +6 min

Scott Olson | Getty ImagesRecord summer air travel demand isn't translating to record U.S. airline profits. Some airlines have forecast record demand, and in some cases, revenue. American Airlines on May 28 cut its second-quarter revenue and profit forecasts and announced its chief commercial officer was leaving after a sales strategy backfired. "The domestic supply and demand imbalance has led to a weaker domestic pricing environment than we had forecast," American Airlines CEO Robert Isom said at a Bernstein industry conference the next day. Travelers at New York's LaGuardia Airport Leslie Josephs/CNBCSouthwest Airlines cut its second-quarter forecast in late June, citing shifting demand patterns.

Persons: Scott Olson, sprees, Raymond James, Savanthi Syth, Scott Group, Hopper, Airfare, Robert Isom, Leslie Josephs, Bob Jordan, Pratt, Ted Christie Organizations: O'Hare, Getty, Airbus, Boeing, Pratt & Whitney, NYSE Arca, Paris, Investors, Delta Air Lines, Analysts, Delta, American Express, United Airlines, Alaska Airlines, Wolfe Research, Scott, theTransportation Security Administration, Airlines, Airline, Aircraft, U.S, American Airlines, CNBC Southwest Airlines, Elliott Investment Management, Politico, JetBlue Airways, Frontier Airlines, JetBlue, Spirit Airlines Locations: Chicago, Delta, Alaska, U.S, Europe, New, Dallas

☆ The folding wingtips on Boeing's massive new 777X are a first in commercial aviation. Here's why the plane needs them.
▼ + stars: | 2024-07-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing's latest addition to its growing fleet of commercial jets is the innovative 777X. This story is available exclusively to Business Insider subscribers. AdvertisementThat's thanks to its mammoth engines and wingspan, the latter sporting a revolutionary technology not yet seen in commercial aviation but necessary for the plane's success: folding wingtips.

Persons: —, Tim Clark Organizations: Service, Boeing, Dubai Airshow, Airbus, British Airways, Emirates, Lufthansa, Business

☆ Why so much is riding on the 777X, Boeing's newest long-haul plane that is already 5 years late and costing billions
▼ + stars: | 2024-07-04 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

The FAA slowed deliveries after the Alaska Airlines door plug blowout in January and capped Boeing's 737 production. AdvertisementA lot is riding on the new 777X, including proving its modified design was the right strategy over building a new plane from scratch. Boeing's last completely new widebody plane was the 787 way back in 2003. The Boeing 777X's 10-abreast cabin mockup on display at Aircraft Interiors Expo in 2022. Georg Wendt/picture alliance via Getty ImagesDespite the substantial investment, Emirates president Tim Clark has voiced his concern over Boeing's 777X delays.

Persons: —, Richard Aboulafia, there's, it's, Thiago B Trevisan, Julien de Rosa, ROSLAN RAHMAN, Max —, Max, Georg Wendt, Tim Clark, Clark, Aboulafia Organizations: Service, British Airways, Emirates, Singapore Airlines, Business, Boeing, FAA, Alaska Airlines, Airbus, Korean Air, Delta Air Lines, Lufthansa, Air New Zealand, Getty, Aviation, Etihad Airways, Aircraft, Reuters, Air Locations: Korean, AFP, Qatar

☆ A Delta Air Lines flight had to turn around when 24 people needed medical attention after eating spoiled food
▼ + stars: | 2024-07-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A Delta Air Lines plane U-turned after reports the in-flight meal was spoiled. 24 people were treated by medical personnel upon landing in New York on Wednesday. Thousands of other Delta passengers that day were only offered vegetarian meals as a result, per PYOK. Advertisement24 Delta Air Lines passengers received medical attention after eating "spoiled" food on their flight, The Associated Press reported. In a statement to the AP, Delta Air Lines said the Airbus A330 turned around "after reports that a portion of the main cabin in-flight meal service were spoiled."

Persons: — Organizations: Delta Air Lines, Service, Air Lines, Associated Press, New York, AP, Airbus, Business Locations: New York, Detroit, Amsterdam, Newfoundland, New, Flightradar24

☆ Record numbers of people are flying. So why are airlines’ profits plunging?
▼ + stars: | 2024-07-03 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

Airlines face numerous problems, including higher costs, such as fuel, wages and interest rates. And problems at Boeing mean airlines have too few planes to expand routes to support a record numbers of flyers. Labor costs and jet fuel prices, the airlines’ two largest costs, are both sharply higher this year. Jet fuel prices are climbing because of higher demand in the summer. Southwest announced in April that it would stop serving four airports to trim costs — Bellingham International Airport in Washington state, Cozumel International Airport in Mexico, Syracuse Hancock International Airport in New York and Houston’s George Bush Intercontinental Airport.

Persons: that’s, Houston’s George Organizations: New, New York CNN, Boeing, Labor, Airline, Jet, International Air Transport, Airbus, Alaska Airlines Boeing, Max, Federal Aviation Administration, Southwest, Bellingham International Airport, Cozumel International, Syracuse Hancock International, Houston’s George Bush Intercontinental Locations: New York, Southwest, United, Washington state, Cozumel, Mexico, Syracuse

☆ CNBC Daily Open: 'Roaring Kitty' gets chewed up
▼ + stars: | 2024-07-02 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock exchange during morning trading on Nov. 10, 2023 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. AI momentumWall Street kicked off the second half of the year with modest gains, propelled by continued strength in megacap stocks. Boeing, Spirit upShares of Boeing and Spirit AeroSystems rose 2.58% and 3.35% respectively after Boeing agreed to buy back fuselage maker Spirit in a $4.7 billion all-stock deal.

Persons: Keith Gill, Gill, Paris . Hurricane Beryl Cruise, Tom Lee, Lee Organizations: New York Stock, CNBC, Dow Jones, Nasdaq, Microsoft's, Paramount, Warner Bros ., Netflix, Securities and Exchange Commission, Wall, Boeing, Airbus, Paris . Hurricane, Norwegian Cruise, Royal Locations: New York City, U.S, Chewy, Belfast , Wichita, North Carolina, Paris ., Grenada, Norwegian, Royal Caribbean, Mt

☆ Boeing Agrees to Buy Spirit AeroSystems, a Longtime Supplier
▼ + stars: | 2024-07-01 | by ( Niraj Chokshi | ) www.nytimes.com time to read: +1 min

Boeing said on Monday that it had agreed to buy a major supplier, Spirit AeroSystems, ending a nearly two-decade experiment in outsourcing production of major components of its commercial planes, including the body of the 737 Max and parts of the 767, 777 and 787. In buying Spirit, Boeing hopes to stem quality problems that have plagued the supplier in recent years. While it already has significant influence over Spirit, Boeing will more easily be able to monitor and change production practices by owning the business outright. The deal, which was widely expected, was valued at $4.7 billion in stock or $8.3 billion including Spirit’s debt. Boeing said its acquisition of Spirit is expected to close by the middle of next year.

Persons: ”, Dave Calhoun Organizations: Boeing, Airbus

☆ Airbus agrees to pay $1 for Spirit AeroSystems assets in deal sparked by Boeing 737 Max blowout
▼ + stars: | 2024-07-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Airbus has agreed to acquire assets of Spirit AeroSystems for $1. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAirbus has agreed to buy assets from a major aviation supplier for a symbolic $1 price tag, the planemaker announced Monday. Spirit AeroSystems, which was part of Boeing before being spun off in 2005, is being carved up following January's Alaska Airlines blowout. Boeing is paying $4.7 billion to buy back Spirit AeroSystems, the companies announced Monday.

Persons: —, AeroSystems Organizations: Airbus, Boeing, Alaska Airlines, Service, Business

☆ Boeing rival Airbus is set to launch its game-changing A321XLR plane this year. Here's where it's expected to fly.
▼ + stars: | 2024-07-01 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

With nothing commercial to show from Boeing, which usually has its 777X and Max test jets on display, all eyes will be on European rival Airbus. AdvertisementThe XLR plane is the longest-ranged option in the A321neo family, which has outsold Boeing's 737 since 2019, when two fatal crashes grounded the plane's Max variants. According to Airbus, the XLR is uniquely equipped for long-haul flying, thanks to an extra rear center fuel tank that helps the narrowbody fly up to 5,400 miles (11 hours) nonstop. AdvertisementThe premium seating offers lie-flat beds typical to what customers find on long-haul widebody flights, and is likely to be the norm on long-haul XLRs. "Even well-established city pairs such as London-Miami or Sydney-Kuala Lumpur will benefit from the year-round sweet spot the XLR offers airlines," Airbus marketing specialist Ludek Jando said in September 2023.

Persons: —, Taylor Rains, Max, American's, Jason Reisinger, Andrew Nocella, Willy Boulte, Barry Biffle, Ludek Jando Organizations: Service, Alaska Airlines, Max, Farnborough, Business, Boeing, Airbus, American Airlines , Frontier Airlines, JetBlue Airways, United Airlines, Qantas, AirAsia X, Sky Airline, Czech Airlines, Air Canada, Airlines, JetBlue, Spanish, Washington Dulles, American Airlines, Frontier Locations: Alaska, Iberia, Malaysian, Chile, East Coast, Europe, Madrid, Boston, Washington, Dulles, Raleigh , North Carolina, London, Charlotte, New York, Asia, Beijing, Seoul, Amsterdam, South America, Hawaii, Miami, Sydney, Kuala Lumpur

☆ Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal
▼ + stars: | 2024-07-01 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing said Monday that it will buy back its struggling fuselage maker Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality control. It said it agreed to pay $37.25 a share in Boeing stock for Spirit, giving the aerospace company an equity value of $4.7 billion. Including Spirit's debt the deal has a transaction value of $8.3 billion Boeing said. Spirit's shares closed Friday at $32.87 a share, giving it a market capitalization of about $3.8 billion. In 2005, Boeing spun off operations in Kansas and Oklahoma that became the present-day Spirit AeroSystems.

Persons: Dave Calhoun, Pat Shanahan Organizations: Boeing, Alaska Airlines, Spirit, Airbus, Calhoun Locations: Wichita , Kansas, Kansas, Oklahoma, Belfast , Northern Ireland, North Carolina

☆ Boeing agrees to buy spinoff Spirit Aerosystems as part of its plan to shore up safety
▼ + stars: | 2024-07-01 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Boeing has agreed to buy Spirit Aerosystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged safety reputation. Boeing in March announced its intention to buy Spirit, saying recombining the companies would boost safety. Spirit AeroSystems makes major parts of several Boeing models, including the fuselages for the 737 Max. The company also makes parts for Boeing’s rival Airbus, although Boeing is Spirit’s largest customer. The first group of employees removed the door plug to address problems with rivets that were made by Spirit AeroSystems.

Persons: Spirit’s, ”, Dave Calhoun, AeroSystems, Max, Sprit, Spirit Aerosystems, CNN’s Chris Isidore Organizations: New, New York CNN, Boeing, Spirit, Airbus, Alaska Airways, US Justice Department Locations: New York

☆ Airlines got too confident, and now they are paying the price despite record-breaking travel
▼ + stars: | 2024-06-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Expensive fuel, maintenance, and labor don't help, nor do unpredictable setbacks outside the airline's control, like pandemic travel bans and production slowdowns at planemaker Boeing. But across the industry, many airlines are struggling to turn profits thanks to issues like overcapacity, unrelenting competition, and unexpectedly high costs, according to experts. Boeing delivery delays have eaten into profitsHarteveldt said Boeing's ongoing delivery delays have cost airlines like American, Southwest, and United millions of dollars. Airlines are plagued by high costs in an extremely competitive industryNearly everything is more expensive than it was before the pandemic, and airlines are no exception. For low-cost carriers like Frontier and Spirit, these high costs make it challenging to make money, Kraemer said.

Persons: —, Henry Harteveldt, Scott Olson, Robert Isom, Bob Jordan, Harry Kraemer, Kraemer, You've, you've, Harteveldt, Joe Raedle, they've, Stephen Brashear, Eric Glenn, Shutterstock Harteveldt Organizations: Service, planemaker Boeing, Business, International Air Transport Association, —, Airlines, Getty, Reuters, Southwest, Elliott Investment Management, Baxter International, Corporations, Google, Spirit, Frontier, Boeing, JetBlue Airways, Airbus, Bureau of Labor Statistics Locations: Delta, United

☆ Record summer travel is starting. What it means for airline fares and flight delays
▼ + stars: | 2024-06-28 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +8 min

Mario Tama | Getty ImagesSummer air travel is expected to soar in the United States. Last summer, a record-breaking summer for airports, there were air traffic jams and near collisions amid challenges in flight coordination. Based on air traffic patterns and airport density, New York City and Florida are subject to the highest risk of backups. "There is still a shortage of air traffic controllers, but it hasn't led to the worst outcomes that we were expecting when we were talking about the shortage of air traffic control workers even a year ago." With production delays, airlines pay billions to fly less fuel-efficient and more costly and aged jets.

Persons: DAL AAL, Mario Tama, —, Ed Bastian, CNBC's, Robert Isom, Guy, Clint Henderson, Henderson, They've, hasn't Organizations: Los Angeles International Airport, Getty, Transportation Security Administration, TSA, Boeing, weren't, Delta Air, American, Federal Aviation Administration, Atmospheric Administration, Midwest, Goods, United Airlines, American Airlines, ATC, Independence, Customs, Flyers, FAA, Airbus, Labor, Southwest Airlines Locations: Los Angeles , California, United States, East Coast, U.S, New York City, Florida

☆ Singapore won best first-class airline in the world for its exclusive hotel-like Airbus A380 suite. Here's what it's like inside.
▼ + stars: | 2024-06-27 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Singapore Airlines won the 2024 Skytrax award for the world's best first-class service. The airline's Airbus A380 planes sport a hotel-like suites that can convert into double rooms. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It fought Doha-based competitor Qatar Airways for Skytrax's 2024 title of world's best airline, winning in 2023 but losing to Qatar this year. However, one Skytrax awards category Singapore has consistently won since 2018 is Best First Class for the hotel-like suites on its Airbus A380s.

Persons: — Organizations: Singapore Airlines, Airbus, Service, Qatar Airways, Qatar, Singapore, Business Locations: Doha

☆ The Vanishing Islands That Failed to Vanish
▼ + stars: | 2024-06-26 | by ( Raymond Zhong | Jason Gulley | ) www.nytimes.com time to read: +26 min

The Vanishing Islands That Failed to Vanish Low-lying tropical island nations were expected to be early victims of rising seas. They found that over the past few decades, the islands’ edges had wobbled this way and that, eroding here, building there. No, to understand what really beguiles them about these islands, you need to take a dive into the surrounding sea. Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Islands HUVADHOO ATOLL Islands HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo A map of the Huvadhoo Atoll, a gourd-shaped ring of 241 islands in the southern Maldives. Huvadhoo Atoll is a gourd-shaped ring of 241 islands in the southern Maldives.

Persons: ” Charles Darwin, Darwin, bode, Arthur Webb, Paul Kench, “ I’m, Kench, Webb, Kench’s, Mohamed Aslam, Paul S, Aitana Gea Neuhaus, Gea Neuhaus, ” Ms, “, ” Paul Kench, Gerd Masselink, Peter Ganderton, Curt Storlazzi, Tim Scott, Dr, Scott, ”, it’s, “ They’ve, munch, Storlazzi, Thoriq Ibrahim, Malé, Hariyya Ibrahim, Hariyya, Adam Shakir, Adam, Farhath Ibrahim, Mohamed Muizzu, Hussain Rasheed, Rakeedhoo, Ashiya, Ashiya’s Organizations: Graphics, University of Plymouth, National University of Singapore, Nature Communications, Airbus, Google, United States Geological Survey Locations: Maldives, INDIA, MALDIVES, Polynesia, Micronesia, Indian, Malé, Himandhoo, Huvadhoo, ”, England, Dhigulaabadhoo, Wade, Plymouth, grinned, Hulhumalé, New City, Sand, City, Towers City, Himandhoo’s, Rakeedhoo

☆ 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

☆ Stocks making the biggest moves midday: SolarEdge Technologies, Pool Corp., Carnival and more
▼ + stars: | 2024-06-25 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: SolarEdge Technologies — Shares of the company tumbled more than 20% following the announcement that it will offer $300 million worth of convertible notes due 2029. — The stock plunged more than 7% after the company updated its earnings guidance for the full year on Monday after the bell. The wholesale pool supplies distributor expects full-year earnings between $11.04 and $11.44 per share. Carnival — Shares added nearly 8% after the cruise company posted a second-quarter earnings and revenue beat. Penn Entertainment — The casino operator and online gambling platform's stock fell 5% after Raymond James downgraded it to market perform from outperform.

Persons: Leslie's, LSEG, Raymond James, Enovix, Rivian, —, Alex Harring, Lisa Kailai Han, Jesse Pound Organizations: U.S . Securities, Exchange, Pool Corp, Carnival, Penn Entertainment, Airbus, Nvidia —, Novo Nordisk, Guggenheim, Spirit AeroSystems, Boeing, Bloomberg Locations: Singapore, France, China

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