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☆ Why airlines are all-in on new single-aisle planes for transatlantic flights
▼ + stars: | 2024-11-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

New single-aisle planes offer cost efficiency, smaller capacity, and flexible cabins. This evolution has been largely propelled by the Airbus A321neo family, smaller planes that can flyer further than previous single-aisle aircraft. In 2024, 39,000 flights between North America and Europe are scheduled on single-aisle planes made by Boeing and Airbus, according to data from Cirium, an aviation analytics company. AdvertisementAirbus is pioneering this narrow-body shiftSuch a focus on single-aisle planes that can tackle long flights has been a boon for Airbus. Plus, single-aisle flying allows for quicker boarding and deplaning, which may be welcome time-savings for some customers — especially during tight layovers.

Persons: A321XLR, Patrick Quayle, Widebodies Organizations: Boeing, Airbus, JetBlue, United Airlines, Newark Liberty, WOW, Boston, Tap Air, Aer Lingus, Delta Air Lines, Wizz Air, Compagnie Locations: North America, Europe, That's, New York, Malaga, Spain, Chicago, Shannon, Ireland, Iberia, Madrid, Tap Air Portugal, Los Angeles, Hungarian, Boston

The stowaway didn’t have a boarding pass but completed a security screening and bypassed two identity verification and boarding status stations to board a Delta aircraft, according to the Transportation Security Administration. Here’s what we know:‘Exhaustive investigation’ underwayThe stowaway was not carrying any prohibited items, according to a TSA spokesperson. “Nothing is of greater importance than matters of safety and security,” a Delta spokesperson said in a statement. Stowaway is a US green card holderThe stowaway is a woman between 55 and 60 years old and has a Russian passport, according to an airport official in Paris. The woman applied for asylum in France a few years ago, the official told CNN.

Persons: Charles de Gaulle, Rob Jackson, ” Jackson, “, ‘, ’ ” Jackson, Jackson, –, ”, CNN’s Lex Harvey, Saskya Vandoorne Organizations: CNN —, New, JFK International Airport, Delta, Transportation Security Administration, TSA, CNN, FBI, Customs, Protection Locations: Paris, US, Russian, United States, Europe, France, New York, York City, JFK

☆ Discovery of fossilized footprints reveals the moment two ancient human species crossed paths
▼ + stars: | 2024-11-28 | by ( Katie Hunt | ) edition.cnn.com time to read: +10 min

CNN —More than 1.5 million years ago, two different species of ancient human crossed paths on a lakeshore, perhaps locking eyes with each other. The researchers found 12 hominin tracks in a line, suggesting they were made by the same individual. “There’s one long trackway with 12 (hominin) footprints in it. We hypothesize that those more humanlike footprints are more likely Homo erectus just because the rest of their anatomy is so human,” Hatala said. Shown here is a fossil footprint hypothesized to have been created by Homo erectus, a species of ancient human.

Persons: CNN —, sapiens, ”, Kevin Hatala, “, Neil T, Roach, Hatala, ” Hatala, you’ve, Harvard University Pristinely, couldn’t, Lucy, Louise N, boisei, bosei, Homo erectus, wasn’t, “ Paranthropus, Kevin G, erectus, Briana, Pobiner Organizations: CNN, Chatham University, Harvard University, Turkana Basin, Stony Brook University, Chatham University Hatala, Smithsonian National Museum Locations: Pittsburgh, Koobi Fora, Lake Turkana, Kenya, Ethiopia, Leakey, Turkana, Siberia

☆ Are Airline Loyalty Programs Worth It?
▼ + stars: | 2024-11-28 | by ( Mike Dang | ) www.nytimes.com time to read: +1 min

When SuzAnn Brantner moved to Indiana from Los Angeles during the coronavirus pandemic, she had been a longtime Delta Air Lines frequent flier, achieving the highest loyalty status the airline offered: Diamond Medallion. “I just always loved Delta,” Ms. Brantner, a 50-year-old marketing executive, said. She traveled every month because of her job and made sure to book all her flights with Delta — even if she had to make a connection and other airlines offered a direct flight. But last year, when Delta announced it would be making modifications to its frequent-flier program, Ms. Brantner began to question her loyalty. On Reddit communities dedicated to three major domestic carriers — Delta, United Airlines and American Airlines — some users are wondering whether maintaining airline loyalty status is worth it anymore as they calculate how much they will need to spend and travel for the rest of the year in order to reach certain status levels next year.

Persons: SuzAnn Brantner, Ms, Brantner Organizations: longtime Delta Air Lines, Delta, —, United Airlines, American Airlines Locations: Indiana, Los Angeles

A Delta flight attendant slashed a co-worker and hotel security guard after a late night and early morning of heavy, “blacked out” drinking, officials said Wednesday. Smith and “several other coworkers were returning to their” riverfront hotel when he started bickering with the victim, New Orleans police said in a statement. While Smith was booked for attempted murder, defense lawyer Thomas Calogero said his client shouldn’t be charged with that alleged crime once the case reaches prosecutors. Calogero said he highly doubts his client will ever be able to work as a flight attendant again. I mean I’m sure he’s going to lose his job at Delta,” the lawyer said.

Persons: Joshua Smith, Smith, “, Thomas Calogero, Calogero, ” Organizations: New Orleans police, Poydras, Delta, Association of Locations: New Orleans

☆ Stowaway flew aboard Delta flight from New York to Paris after evading airline checkpoints at JFK
▼ + stars: | 2024-11-27 | by ( Lex Harvey | Amanda Jackson | ) edition.cnn.com time to read: +3 min

CNN —A stowaway evaded multiple airport security checkpoints and flew aboard a Delta Airlines flight from New York to Paris Tuesday evening, authorities said – a shocking breach that raised serious alarm over airport security. Passengers weren’t alerted to the stowaway on Delta flight 264 from New York’s JFK International Airport to Paris Charles de Gaulle Airport until the plane landed in Paris, said Rob Jackson, who was a passenger on the flight. “Apparently, she hid in a lavatory all the way at the rear of the aircraft when we departed JFK,” Jackson told CNN. She has a Russian passport and will soon be sent back to the United States, according to an airport official in Paris. “Nothing is of greater importance than matters of safety and security,” a Delta spokesperson said in a statement.

Persons: –, Passengers weren’t, Paris Charles de Gaulle, Rob Jackson, ” Jackson, “, ‘, ’ ”, Jackson, CNN Jackson, Charles de Gaulle, ” JP Tristani, Saskya Vandoorne Organizations: CNN, Delta Airlines, US Transportation Security Administration, TSA, Passengers, New York’s JFK, FBI, Delta, WABC Locations: New York, Paris, New, JFK, Russian, United States, Europe, France

☆ Goldman Sachs Asset Management is fired up about the economy heading into 2025 — but serious risks are still lurking under the surface
▼ + stars: | 2024-11-27 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

AdvertisementThe global economic expansion will continue into 2025, according to Goldman Sachs Asset Management. "But it's all a give and take here, because we're also going to be seeing a lot of efficiencies come into the labor market, potentially." GSAM strategists aren't sweating about the labor market yet, but they're watching those trends closely. Despite their lofty valuations, GSAM isn't bailing on US equities. That may finally change in 2025 as China's government gets serious about economic stimulus, Wilson-Elizondo said.

Persons: Alexandra Wilson, Elizondo, Goldman, Trump's, Wilson, We're, we're, corporates —, it's, aren't, isn't, GSAM Organizations: Goldman Sachs Asset Management, Management, Trump, Companies, Goldman, Wilson

☆ Senate report slams airlines for raking in billions in seat fees
▼ + stars: | 2024-11-26 | by ( Leslie Josephs | ) www.cnbc.com time to read: 1 min

A Senate subcommittee on Tuesday slammed U.S. airlines large and small over fees to pick seats on flights. Between 2018 and 2023 American , Delta , United , Spirit and Frontier brought in $12.4 billion in seating fees, including for seats with extra legroom as well as those in "preferred" locations that are closer to the front of the plane, or window or aisle seats, said the report from the Senate Permanent Subcommittee on Investigations. While most major U.S. airlines have gotten rid of ticket-change fees for standard economy tickets, they have added fees to select more popular or roomier seats on board. Carriers have also been racing to add more premium seats on board to increase revenue.

Organizations: Frontier, Investigations Locations: Delta, U.S

☆ Why are planes so jammed? Airlines want it that way so they can charge more
▼ + stars: | 2024-11-26 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

A record 31 million passengers are expected to fly US airlines over the course of this week, according to Airlines for America, the industry trade group. And while many airlines have increased the available number of flights and seats, those capacity increases have not kept pace with demand. With some of the busiest months yet to come, a new record for the percentage of seats airlines’ filled is within reach. Airlines are signaling prices will probably go higher as some of the lower-fare airlines struggled with ongoing losses and sharply reduced their capacity. But critics of the airlines say troubles at the lower fare airlines aren’t solely to blame for higher fares.

Persons: it’s, Fuller, —, ”, Scott Keyes, Andrew Nocella, “ We’ve, Scott Kirby, William McGee, It’s, ” McGee, “ Organizations: New, New York CNN, Airlines for America, Spirit Airlines, Southwest Airlines, JetBlue Airways, Spirit, JetBlue, Frontier, American Economic Liberties Locations: New York, Cirium, Southwest, Delta, United States, United

☆ AI Customer Service Chatbots Are Making People Miserable and Annoyed
▼ + stars: | 2024-11-26 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

By corporate America's (sometimes dubious) telling, AI is basically the answer to everything, including customer service. A recent Gartner survey found that nearly two-thirds of customers prefer that companies don't use AI for customer service. Related storiesEven setting aside the cost savings for companies, there are clear reasons that AI should be a good fit for customer service. "We know that there are certain aspects of customer service that AI is doing well. What's more, if every company has a mediocre AI experience, the bar might just be lowered across the board.

Persons: I've, I'm, It's, it's, Karen, I'd, Michelle Schroeder, don't, Michelle Kinch, that's, aren't, Keith McIntosh, They're, they're, Kinch, Jason Maynard, Chris Filly, Maynard, Jeff Gallino, Rodney Zemmel, they'll, —, Gallino, Schroeder, We've, Emily Stewart Organizations: Corporations, Dartmouth's Tuck School of Business, Gartner, Companies, Asia Pacific, FedEx, Fortune, Santander, Siemens, McKinsey, Delta, Filly, Alexa, Business Locations: North America, Asia, Zendesk, Callvu, PolyAI

☆ Calls of the Day: Zoom and Delta Air Lines
▼ + stars: | 2024-11-26 | 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 EmailCalls of the Day: Zoom and Delta Air LinesThe Investment Committee debate the latest Calls of the Day on Zoom Video and Delta Air Lines.

Organizations: Delta Air Lines The, Delta Air Lines

A Republican senator is blocking the promotion of Lt. Gen. Christopher T. Donahue, the commander of U.S. troops in the final days of the withdrawal from Afghanistan, in what could be the first salvo in a Trump administration war against America’s generals. Senator Markwayne Mullin, Republican of Oklahoma, put a hold on General Donahue’s promotion to four stars, or general, after his nomination was sent to the Armed Services Committee last week, officials said. Sabrina Singh, a spokeswoman for the Pentagon, told reporters on Monday that the Defense Department was “aware” of the hold. General Donahue was the last American service member to depart Afghanistan as Taliban fighters took control on Aug. 31, 2021. A decorated former Delta Force commander, Army Ranger and paratrooper with multiple tours in Afghanistan and Iraq, he was recently selected to lead the U.S. Army’s Europe Command as the war in Ukraine heads into its fourth year.

Persons: Christopher T, Donahue, Markwayne Mullin, General Donahue’s, Sabrina Singh, General Donahue Organizations: Republican, General, Armed Services Committee, Pentagon, Defense Department, Taliban, Delta Force, Army Ranger, Army’s, Command Locations: U.S, Afghanistan, Oklahoma, Iraq, Ukraine

☆ Spirit Airlines, Delta: Airlines make billions charging ‘junk fees,’ congressional report says
▼ + stars: | 2024-11-26 | by ( Pete Muntean | ) edition.cnn.com time to read: +4 min

CNN —Airlines have pocketed billions of dollars in so-called “junk fees” by charging customers extra to select a seat or to carry on bags, according to a Senate subcommittee report published on Tuesday. The report said some airlines have even paid workers cash incentives to identify customers trying to avoid fees for carry-on bags. The report, from the Senate Permanent Subcommittee on Investigations, said that in 2023, United Airlines charged as much as $319 for an extra legroom seat, Spirit Airlines charged as much as $299, Delta Air Lines charged as much as $264, Frontier Airlines charged $141 and American Airlines charged as much as $140. “The subcommittee clearly lacks appreciation for the fact that air travel today is democratized, allowing Americans across all income levels to fly. Today, because of the revolution in air travel, nearly ninety percent of Americans have flown.

Persons: “, Biden, Pete Buttigieg, ” Organizations: CNN — Airlines, Investigations, United Airlines, Spirit Airlines, Delta Air Lines, Frontier Airlines, American Airlines, Biden Administration, Department of Transportation, Frontier, ” Frontier, CNN, Airlines, Industry, America, ” Locations: ”, Delta, United

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Zoom, Goldman, Amazon, Chevron & more
▼ + stars: | 2024-11-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are the biggest calls on Wall Street on Tuesday: Wells Fargo upgrades Eastman Chemical to overweight from equal weight Wells Fargo says the chemical company is "attractive." HSBC downgrades Goldman Sachs & Morgan Stanley to hold from buy HSBC said the risk/reward is a less attractive. KeyBanc reiterates Nvidia as overweight The firm says it sees "limited competitive risks" for Nvidia shares. Wells Fargo reiterates Starbucks as overweight Wells raised its price target on the stock to $115 per share from $110. Redburn Atlantic Equities reiterates Amazon as buy The firm raised its price target on the stock to $235 per share from $225.

Persons: Wells Fargo, HSBC downgrades Goldman Sachs, Morgan Stanley, Baird, Bernstein, KeyBanc, it's bullish, TD Cowen, Pinterest, Cowen, Wells, Guggenheim, Michael Kors, UAL Organizations: Eastman Chemical, UBS, HSBC, Royal Caribbean, Nvidia, Bank of America, Citi, Chevron, ExxonMobil, SPX, JV, China, Guggenheim, Capri Holdings, Barclays, Apple, and Department of Justice, Google, DoJ, UBS reinstates United, Alaska Airlines, Amazon Web Services, Anheuser, Busch InBev, GAP Locations: Caribbean, China, Delta, DAL

Those travelers need to get their gates fast and the moving sidewalk wasn’t doing it. The economics of airport moving walkwaysSome experts point to high maintenance costs for removing the moving sidewalks. A group of German economics professors released an extensive study earlier this year about airport moving sidewalks. “The design of Denver International Airport is such that our moving walkways run where our gates are located. Aleinikoff said that while he doesn’t think moving sidewalks are inherently unsafe, they do require regular maintenance, and he says the “teeth” at the end of the moving sidewalks can be “pretty sharp.” Gow has, Aleinikoff said, made a full recovery.

Persons: ”, Olivia Tyler, “, ” Tyler, Tyler, Hunt, Harry Reid, Nils Boysen, Dan Bubb, ” Bubb, Matine Yuksel, John Yuksel, Stacey Stegman, Kone, Schindler, ” Stegman, Stegman, Kenneth Gow, Gow, Gow’s, Brian N, TK, Aleinikoff, ” Gow Organizations: Northwest, Northwest Arkansas National Airport Regional Airport Authority, Northwest Arkansas National Airport Regional, Authority, Walmart, Tyson Foods, Airports, Harry Reid International, Las Vegas, Friedrich Schiller University Jena, University of Las Vegas Honors College, Northern, Northern Kentucky International, Denver International, Delta Airline, Corporation Locations: Northwest Arkansas, Chicago, Las Vegas, Orlando, Dallas, Cincinnati, — Tampa, Denver, Norfolk, Las, Northern Kentucky, Otis, Gow’s Denver

☆ 3 of Trump's top cabinet-level picks recently worked as lobbyists, with clients ranging from Amazon to Qatar
▼ + stars: | 2024-11-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Susan Wiles, Trump's incoming chief of staff, maintained ties to a lobbying firm until this month. Sean Duffy, Trump's pick for Transportation secretary, has lobbied for a group of major airlines. The EPA, under Obama, Trump, and Biden's administrations, have repeatedly opposed efforts to mine in the bay, home to one of the world's largest salmon fisheries. Starting not long after he left Congress in 2019, Duffy lobbied for Polaris, a US auto manufacturer known its off-road and recreational vehicles. ProPublica previously reported that Duffy lobbied White House trade adviser Peter Navarro as Polaris sought to win exemptions to tariffs on the parts it was importing.

Persons: Donald Trump's, Susan Wiles, Sean Duffy, Trump's, Donald Trump, Susie Wiles, Pam Bondi, Wiles, Duffy, Uber —, Bondi, Ballard, Trump, Jeff Hauser, Brian Ballard, Alaska . Sen, Lisa Murkowski, Obama, Peter Navarro, Ron Klain, Biden's, Fannie Mae, Steve Ricchetti, Biden, Jeff Ricchetti, Barack Obama, Hauser, Hauser isn't, " Hauser Organizations: Washington, Incoming White House, Amazon, GM, MetLife, Fidelity National Financial, Ballard Partners, Trump, Republican, The New York Times, Alaska ., Alaska Republican, Partnership, EPA, Federal Aviation Administration, United, Polaris, White, General Motors, Uber, Fidelity, North, Major League Baseball, Biden, Raytheon, Politico Locations: Florida, Riyadh, Saudi Arabia, Trump, Alaska, North America, Bondi, Washington

☆ Vicky Nguyen shares holiday travel safety tips
▼ + stars: | 2024-11-21 | by ( Dateline Nbc | ) www.nbcnews.com time to read: +6 min

When it comes to holiday travel, the most wonderful time of the year can feel like the most stressful. Andrea Canning spoke with Today Show Senior Consumer Investigative Correspondent, Vicky Nguyen, on today’s episode of Dateline: True Crime Weekly and got some travel safety tips you can use year round. In that same vein, getting a nice night of sleep ahead of time and making sure that you’ve packed the car. Canning: Um, OK, so if you’re flying, any tips on how to book holiday travel with regards to making sure everything goes smoothly, you’re not scammed in some way? The most dangerous part of booking an air travel vacation or holiday is that scam that you mentioned, Andrea.

Persons: Andrea Canning, Vicky Nguyen, Vicky, Good, Canning, Andrea, you’ve, I’ve, you’re, It’s, There’s, we’ve, it’s, “ We’re, Everyone’s Organizations: Consumer Investigative, Department of Homeland Security, TSA, DMV Locations: It’s

☆ Bird flu virus isolated from hospitalized Canadian teen shows signs of human adaptation
▼ + stars: | 2024-11-21 | by ( Brenda Goodman | ) edition.cnn.com time to read: +6 min

CNN —The avian flu virus isolated from a hospitalized teenager in Vancouver has mutations in key areas that could help the virus spread more easily in humans, scientists say. But scientists say the genetic changes are a reminder of what the virus is capable of if it continues to spread. The H5N1 bird flu virus that infected the teen, who is in critical but stable condition, is not the same strain that is transmitting in dairy cattle in the United States. The three mutations are at positions in the virus’ genome that Bloom and other scientists have determined would allow it to attach more easily to human cells. Most of the human H5N1 infections reported in the United States have had red, inflamed eyes as an early symptom, suggesting that’s where the virus entered the body.

Persons: ” Dr, Bonnie Henry, we’ve, ”, Jesse Bloom, “ It’s, Scott Hensley, immunologist, Hensley, Bloom, Dr, Sanjay Gupta, ” Bloom Organizations: CNN, Fred Hutchinson Cancer Center, University of Pennsylvania, CNN Health Locations: Vancouver, British Columbia, United States, Pacific Northwest, ARDS, Canadian, Washington

Delta Air Lines will begin shaking up its menu by serving Shake Shack cheeseburgers on flights departing from Boston this December, part of a new partnership with the New York-based burger chain. Only first-class fliers on routes over 900 miles will be able to pre-select a Shake Shack cheeseburger as their meal option starting Dec. 1, Delta Airlines said Tuesday in a press release. Passengers will be served a Caesar salad, chips and a dark chocolate brownie in addition to their cheeseburger, the release stated. "At Shake Shack, we’re always looking for new and innovative ways to meet our guests where they are, even at 35,000 feet," said Michael Kark, President of Global Licensing at Shake Shack. "Taking our beloved cheeseburger to new heights, Shake Shack is proud to partner with Delta as we elevate the in-flight dining and hospitality experience for travelers across the country."

Persons: we’re, Stephanie Laster, Michael Kark, Delta Organizations: Delta Air Lines, New, Delta Airlines, Delta's, Service, Global, Delta Locations: Boston, New York

☆ Stocks making the biggest moves midday: Target, Nvidia, AppLovin, Williams-Sonoma and more
▼ + stars: | 2024-11-20 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated just $1.78 in earnings per share and $1.79 billion in revenue. Target — Shares plunged more than 21% after the big-box retailer disappointed on third-quarter earnings and revenue estimates and cut its full-year guidance, just three months after raising that forecast. Target reported only a slight uptick in customer traffic as CEO Brian Cornell noted "lingering softness in discretionary categories." That is better than the $1.57 in earnings per share that analysts were expecting, per FactSet. Dolby earned 61 cents per share in its fiscal fourth quarter, higher than analysts' forecast of 45 cents per share, according to FactSet.

Persons: LSEG, Ford, Piper Sandler, Brian Cornell, Robinhood, Needham, Morgan Stanley, Keysight, Dolby, —, Alex Harring, Brian Evans, Sean Conlon, Yun Li, Michelle Fox Organizations: Sonoma, Ford, U.S, Nvidia, LSEG, —, Air Lines, Delta, Super Micro, BDO, Nasdaq, Dolby, Wall, Qualcomm Locations: Robinhood

☆ Piper Sandler says this tech stock that's up 700% in 2024 has more room to run
▼ + stars: | 2024-11-20 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +1 min

Mobile app development company AppLovin may have soared more than 700% this year. Piper Sandler thinks the stock is an artificial intelligence winner with more room to run. The firm initiated coverage with an overweight rating and $400 price target on shares, implying shares could climb an additional 24.5% from Tuesday's close. APP YTD mountain AppLovin in 2024 "The stock is up over [700%] YTD, more recently driven more by multiple expansion than estimate revisions. "APP's impressive revenue growth has occurred despite a challenged overall market.

Persons: Piper Sandler, AppLovin, James Callahan, Callahan Organizations: APP, NASDAQ Locations: Tuesday's

☆ Delta CEO says Trump administration's approach to regulation could be 'breath of fresh air'
▼ + stars: | 2024-11-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Delta Air Lines CEO Ed Bastian said the Trump administration's approach to regulation could be a "breath of fresh air." Speaking to reporters ahead of Delta's investor day, Bastian noted that President-elect Donald Trump campaigned saying he would take a "fresh look" at regulation and bureaucracy. "We have to invest in this industry," American Airlines CEO Robert Isom said at the Skift Aviation Forum in Dallas last week. In an interview last week, Sun Country Airlines CEO Jude Bricker said: "We just need stability and resources at the DOT." Industry members and analysts also expect the incoming administration to be more open to mergers and consolidation.

Persons: Ed Bastian, Bastian, Donald Trump, Pete Buttigieg, Trump, Sean Duffy, Duffy didn't, Robert Isom, Jude Bricker, Joe Biden's Organizations: Delta Air Lines Inc, Delta Air, Trump, U.S . Department of Transportation, Delta, Fox Business, U.S, Federal Aviation Administration, American Airlines, Skift Aviation, Sun Country Airlines, Industry, Alaska Airlines, Hawaiian Airlines, Biden's Justice, Spirit Airlines, JetBlue Airways, JetBlue Locations: New York, Dallas, U.S

☆ Delta forecasts more sales growth in 2025 thanks to high-end demand, 'resilient economy'
▼ + stars: | 2024-11-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Delta Air Lines on Wednesday said sales would grow in 2025, citing a "resilient economy" for strong travel demand and credit card spending, especially for higher-end offerings. Delta forecast revenue growth in the mid-single digit percentage points next year compared with 2024, in line with the roughly 6% growth analysts were expecting. In an investor day presentation, the carrier said it would expand flying by 3% to 4% next year from 2024. Hauenstein said Delta is looking for new ways to segment its cabins after the carrier — and rivals — spent years breaking coach-class into options like premium economy, extra-legroom seats and basic economy. While it didn't provide detail, it's also considering more options for travelers sitting in the front of the plane too, Hauenstein said.

Persons: Delta, Glen Hauenstein, Delta's, Hauenstein, —, it's Organizations: Delta Air Lines, American Express, United Airlines Locations: Tuesday's

☆ Delta takes a jab at Spirit and says it soon expects more profit from premium seats than economy
▼ + stars: | 2024-11-20 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

As such, premium seats — currently about 30% of Delta's inventory — will be a majority focus of any added capacity next year. Delta is doubling down on premium seatsDelta's premium cabins, including premium-economy upgrades, Delta One business class, and domestic first class, have long been profit drivers. Delta said its Airbus A350-1000 aircraft will be introduced with about 50% premium seats, for example, while the airline plans to add lie-flat business class to A321neo jets. AdvertisementThis all comes after Delta had higher-than-expected earnings in the third quarter, largely anchored by premium seats, even though it was dinged by a costly CrowdStrike outage. From July through September, Delta generated $5.3 billion in premium revenue compared to $6.3 billion for the economy cabin despite premium taking up less cabin real estate.

Persons: Glen Hauenstein, Hauenstein, Scott Kirby, David Neeleman, They've, Ed Bastian, Donald Trump, Delta, didn't Organizations: Lines, Delta Air Lines, Wednesday, Delta, Spirit Airlines, United Airlines, Breeze Airways, Biden, Airbus, Boeing Locations: Atlanta

☆ Jim Cramer wants to buy this falling tech stock — and touts another reason to like Disney
▼ + stars: | 2024-11-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer reiterated his belief that the big-picture rollout of Blackwell is fine. Jim Cramer said he sees "a great opportunity" to buy Crowdstrike as shares fall nearly 2% Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Stocks, Jim, we're, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, Blackwell, Target, Costco, Walmart, Club, Palo Alto Networks, Disney, Williams, JPMorgan, Delta Air Lines Locations: Sonoma

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