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"Holiday flights are going to be expensive once again," said Scott Keyes, founder of flight-deal site Scott's Cheap Flights. "The pricing power has shifted back to the airlines for winter holiday travel." Windfall for airlinesThe three biggest U.S. airlines — Delta , United and American — each reported profits and record revenue for the third quarter. "Demand has not come close to being quenched by a hectic summer travel season," Delta CEO Ed Bastian said on the carrier's quarterly call last week. "When you are opening your Christmas presents, ideally that's when you should be thinking about booking those summer flights," he said.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmerican Airlines CEO Robert Isom: Strong demand will power fourth-quarter profitAmerican Airlines CEO Robert Isom joins CNBC's Phil LeBeau and the 'Squawk Box' team to discuss the company's third-quarter earnings report, which beat Wall Street's expectations.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with American Airlines CEO Robert Isom on earningsAmerican Airlines CEO Robert Isom joins CNBC's Phil LeBeau and the 'Squawk Box' team to discuss the company's third-quarter earnings report, which beat Wall Street's expectations. Isom also discusses the company's forecast for a fourth-quarter profit, oil prices, and more.
American Airlines reported a $483 million profit for the third quarter and joined rivals in forecasting resilient travel demand, as the airline industry continues to shrug off concerns about an economic slowdown. Here's how American performed in the third quarter, compared with Wall Street expectations according to Refinitiv consensus estimates:Adjusted earnings per share: 69 cents vs. an expected 56 cents. 69 cents vs. an expected 56 cents. The industry has seen strong travel demand, well into the off-peak fall season, as consumers continue to fly and, in many cases, pay more than they were in 2019. ET, when they will likely face questions about booking forecasts for 2023, business travel demand and labor negotiations.
American Airlines ' pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country's largest carrier drag on, according to a note from the labor group. The Allied Pilots Association, which represents some 15,000 American Airlines aviators, said in a message to pilots last week that its board unanimously approved a motion for the union to prepare an application for National Mediation Board intervention in its talks with the company, though it had not filed as of Monday afternoon. The union's potential request that the National Mediation Board intervene comes more than three months after American CEO Robert Isom offered pilots 17% raises in a new contract proposal. Compensation and some working conditions are among issues still up in the air with American, APA spokesman Dennis Tajer said. The carrier reports quarterly results and its demand outlook before the market opens on Thursday.
Reffkin (left) and Compass cofounder Ori Allon. Tech had been central to Compass' original missionFor years, Compass executives, including Reffkin, credited the company's tech with its meteoric rise in the residential-real-estate business. Though Compass' tech team still has 700 people, many more than any rival brokerage, the September layoffs seemed to initiate what insiders expect to be continuing cuts to the unit. "Robert is like Steve Jobs but without the insight," the veteran engineer who left Compass earlier this year said. Reffkin (left) and Allon ring the opening bell at the New York Stock Exchange.
Herschel Walker paid for a woman's abortion despite his pro-life stance, the Daily Beast reported. Walker denied it, but his TikTok influencer son Christian is calling him a liar in a series of tweets and videos. The Daily Beast reported Monday night that Walker reimbursed a woman for an abortion in 2009, despite the candidate's strong public stance against abortion rights. Walker is staunchly anti-abortion rightsLike most Republican candidates and elected officials, Walker is broadly opposed to abortion. "Herschel Walker is being slandered and maligned by the Fake News Media and obviously, the Democrats," Trump said in a statement.
The lawsuit accuses Trump of promoting a scam multi-level marketing scheme. Trump's legal team fired back a response to Quinn and his team on Wednesday, accusing them of making "disingenuous and misleading statements" and attempting to cancel the deposition. Trump's team also asked that the deposition be conducted remotely to meet the court's deadline for discovery. It's unclear if Trump's legal team will shift the deposition's location to Bedminster or if they will ask to hold it at a later date. Trump raked in $8.8 million from a multi-level marketing company, ACN, between 2005 and 2015.
Women Prefer Other Women as Mentors—Sometimes
  + stars: | 2022-09-25 | by ( Lisa Ward | ) www.wsj.com   time to read: 1 min
Journal Reports: LeadershipWhy Bosses Should Ask Employees to Do Less—Not MoreBy Robert I. SuttonToo many leaders think the key to success is to pile on staff, technology, meetings, training, rules and more. The opposite is true.
Why Bosses Should Ask Employees to Do Less—Not More
  + stars: | 2022-09-25 | by ( Robert I. Sutton | ) www.wsj.com   time to read: 1 min
Journal Reports: LeadershipWhen Robots Fire Workers, Best Not to Be Too Human About ItBy Chris KornelisA study finds that worker/robot interactions are very different from consumer/robot interactions
An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company's final assembly facility in North Charleston, South Carolina. Boeing delivered its first 787 Dreamliner in more than a year on Wednesday, ending a pause on handovers of the jetliners that was sparked by a series of manufacturing flaws. American Airlines took the first new delivery from Boeing's 787 factory in South Carolina, the carrier's CEO, Robert Isom, said in an Instagram post. The delivery is a milestone for Boeing. Boeing said earlier this year that the production defects and a drop in output during the delivery hold will cost it $5.5 billion.
U.S. airlines sound bullish as bookings roar back
  + stars: | 2022-04-22 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +4 min
That's the message major U.S. carriers are sending investors after grappling with coronavirus-induced uncertainty for two years. Last week, rival Delta Air Lines (DAL.N) also forecast a return to quarterly profit, citing "historic" high bookings. An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. Fuel is the industry's second-biggest expense after labor, but major U.S. airlines do not hedge against volatile oil prices like most European airlines. "You put all that together, and we feel very bullish," Kirby said on the company's earnings call.
Sursa foto: InstagramS-a aflat la ce echipă din Spania ar fi vrut să joace Robert Lewandowski. Cezary Kucharski, fostul impresar al atacantului polonez, a dezvăluit că marele vis al lui Robert Lewandowski a fost să joace la Real Madrid, scrie Goal.com. "Când l-am dus pe Robert în Germania, planul era astfel: Dortmund, Bayern, Spania și Statele Unite. Dar cluburile din Spania nu sunt acum atât de puternice din punct de vedere financiar pentru a și-l permite pe Robert. Lewandowski a câștigat 17 trofee cu Bayern și a jucat 328 de meciuri în toate competițiile pentru bavarezi.
Persons: Robert Lewandowski, Cezary, Robert, Robert . El, Lewandowski, Gerd Muller, Manuel Gulde, Leroy Sane, Christian Gunther, Muller Organizations: Bayern Munchen, Real Madrid, Bayern, Real, Campionilor, bavarezi . Bayern Munchen Locations: Spania, Europa, Bundesliga, Lech Poznan, Dortmund, Bayern Munchen, Germania, Bayern, Statele Unite, Real Madrid, bavarezi, Germaniei, Freiburg
Disney’s Robert Iger Loomed Over His Successor as CEO, Creating Tensions Soon after he took the top job in 2020, Bob Chapek was at odds with Mr. Iger and complained to deputies he had been undermined from the startLast year, Disney’s then-CEO Bob Chapek, in blue shirt, and then-Executive Chairman Robert Iger appeared at a Walt Disney World Resort event Florida. The two men had clashed over layoffs at the theme parks early in the pandemic. Gerardo Mora/Getty Images
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