Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Fly"


25 mentions found


A dronemaking startup whose equipment is being used by the Ukrainian military got a cash injection from NATO. AdvertisementThe company has said its equipment is being used in Ukraine though not which of its models were sent. Drones are used for surveillance, to carry light supplies, for targeting assistance, and as weapons. AdvertisementThe battlefield features drones from around the world, spanning cheap consumer drones, high-end military hardware, and improvised systems. A new £60 million package of military support from the UK-administered International Fund for Ukraine will provide advanced new surveillance drones to support 🇺🇦's Armed Forces.
Persons: Ukraine —, tim e Organizations: NATO, NATO's Innovation, UK Ministry of Defence, Fund Locations: Ukraine, Ukrainian, Portuguese
AdvertisementDonald Trump renegotiated a deal with Boeing for a new Air Force One in his first term as president. Following years of delays, billions of dollars, and his return to the presidency, Donald Trump is set to fly on the new Air Force One after all. In 2015, the Air Force again chose Boeing to build two new planes, this time based on the larger 747-8. The VC-25B project is known as the "Next Air Force One." Courtesy of the Air ForceWhile the government is paying $3.9 billion for the new jets, Boeing has suffered from the Next Air Force One.
Persons: Donald Trump, Trump, Dennis Muilenburg, Donald J, Boeing's, Joe Biden, Kennedy, Dave Calhoun, wasn't Organizations: Boeing, Air Force One, Next Air Force, Air Force, Force, Trump, ABC, Trump Shuttle, Reuters, Street Journal, Business Locations: Russian, United States
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
Its CEO said it's on track to fly supersonic by the end of the year. The Boom Overture could fly from New York to London twice as fast as conventional airliners. The return of supersonic commercial flights just got another step closer to reality. Boom Supersonic announced Saturday that its eighth test flight reached a new maximum altitude of 25,000 feet. Rolls-Royce had a contract with Boom before deciding it didn't want to prioritize commercial supersonic flight.
Persons: it's, Blake Scholl, Royce, Boom Organizations: Boeing, United Airlines, American Airlines, Japan Airlines, Saudi, Concorde, FTT, GE, Symphony Locations: New York, London, Newark, Jupiter , Florida, North Carolina
AdvertisementUkraine has long been restricted from using Western missiles to strike inside Russia. Kyiv has since used both ATACMS and Storm Shadow missiles to hit targets on Russian soil. Ukraine is finally using its powerful, longer-range Western missiles to strike targets inside Russia after waiting over a year for permission. AdvertisementUkraine fired a volley of at least 10 Storm Shadow missiles into Russia, The Wall Street Journal reported, citing Ukrainian and Western officials. Ukraine long pressed its Western partners to allow it to fire Storm Shadow missiles across the border into Russia.
Persons: Joe Biden, Lockheed Martin, Volodymyr Zelenskyy, JUSTIN TALLIS, Donald Trump Organizations: Storm, Street Journal, UK, Storm Shadow, North Korean, Defense Express, Euromaidan Press, NATO, Army Tactical Missile Systems, Ukraine's, Artillery, South Korean Defense Ministry, Getty, MBDA, Ukraine, Shadow, US, White Locations: Ukraine, Russia, Kyiv, Russia's, Bryansk, Russia's Kursk Oblast, Kursk, Britain, France, North Korea, Russia's Kursk, Ukrainian
Mauro Pimentel/AFP/Getty ImagesThe moment was a fluke, the type of logistical error that’s almost inevitable at gatherings of almost two dozen world leaders. Yet it was difficult to ignore the impression it left: that Biden is disappearing from view as the world turns its attention to his successor. What members of Biden’s team have been willing to acknowledge is how little they actually know about what Trump and his team may be planning. In Lima and Rio de Janiero, Biden fielded no questions from the press and his aides spoke only off-camera. Reporters had opportunities to ask Biden questions at the G20 summit in Rome in 2021, in Bali in 2022, and in Vietnam in 2023, following the summit’s conclusion in India the prior day.
Persons: Joe Biden’s, Donald Trump, Trump, Biden, I’m, , ” Biden, he’s, Xi, India’s Narendra Modi, Turkey’s Recep Tayyip Erdoğan, Justin Trudeau, Mauro Pimentel, Erdogan, Trump’s, , ” Trump, Javier Milei —, , elect’s, ” Biden’s, Tulsi Gabbard, Pete Hegseth, Jake Sullivan, “ They’ll, White, Janiero, Sullivan, India’s Modi, Emmanuel Macron, Olaf Scholz, Barack Obama, Obama, we’re, ” Obama Organizations: Rio de Janeiro CNN, Trump, Biden, Canadian, Photographers, Getty, “ YMCA, Pentagon, White, Seven, NATO, Lima Convention Center, APEC Locations: Rio de Janeiro, South America, Peru, Brazil, AFP, Lago, Florida, America, Lima, Rio, Finland, Rome, Bali, Vietnam, India, France, Paris, Berlin, United States
CNN —If you planned on traveling aboard Spirit Airlines for the holidays, which filed for bankruptcy Monday, you shouldn’t worry. Multiple US airlines have undergone bankruptcies over the years, including United Airlines in 2002, Delta Air Lines in 2005 and American Airlines in 2011. That same low fare model pushed competitors at legacy airlines to offer options for basic economy tickets, tickets that compare to Spirit’s prices but come with restrictions. She said the stigma of bankruptcy may impact Spirit going forward with travelers uncertain of its future. For now, travelers shouldn’t stress as the airline begins to navigate bankruptcy, as it seems like a pretty standard bankruptcy filing, according to Foss.
Persons: Zach Griff, Guy, , ” Griff, I’m, , Ted Christie, Griff, Sarah Foss, Debtwire, Foss, ” Foss Organizations: CNN, Spirit Airlines, United Airlines, Delta Air Lines, American Airlines, Frontier Airlines, JetBlue Airways, Frontier Locations: Frontier
The Baron Growth Fund (BGRFX) , Baron Small Cap Fund (BSCFX) and Baron Discovery Fund (BDFFX) all invest in the small-cap universe, and they have produced double-digit annualized returns since inception and outperformed their respective benchmarks, according to Morningstar. Total small-cap growth exposure recently hit a 10-year low when investors are shunning the asset class. The Baron Growth and Small Cap funds were created in the 1990s, while the Baron Discovery Fund was launched in 2013. Small companies, which are more domestic-oriented and cyclical, are seen as beneficiaries from President-elect Donald Trump's tax cuts and protectionist policies. "We do an incredible amount of research on these companies, which allows us to find small companies that can have great competitive advantage.
Persons: Baron Capital, Baron, Morningstar, Laird Bieger, Donald Trump's, Russell, Randolph Gwirtzman, Gwirtzman, DraftKings Organizations: Baron Capital, Baron, Baron Growth, Fund, Baron Discovery Fund, Morningstar, Kratos Defense, Security Solutions, Tempus, Gartner Locations: New York
Options on BlackRock's popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a new way to trade and speculate on the price of bitcoin. IBIT traded 73,000 options contracts in the first 60 mins of trading Tuesday, Nasdaq told CNBC, placing the fund in the top 20 of the most active nonindex options. The market for options contracts on major ETFs can be extremely active, and are widely used by more sophisticated traders. The launch of the bitcoin ETF options will likely also lead to new funds that incorporate those options, said Todd Sohn, ETF strategist at Strategas. And then we're going to get buffers, and then we're going to get whatever other trend-following-type strategy that folks think of.
Persons: IBIT, Bitcoin, Noelle Acheson, Todd Sohn, " Sohn Organizations: Nasdaq, CNBC, Interactive, Trust, BlackRock Locations: U.S
AdvertisementBudget airline Allegiant Air announced 44 new routes to smaller cities across the US. Allegiant's new routes may pressure major airlines to lower prices on competing routes. Lesser-known budget airline Allegiant Air announced 44 new routes to smaller cities across the US. These routes aren't necessarily flashy, but they'll likely help rural communities seeking better nonstop connections to more cities across the US. For example, Allegiant's new route between Dulles and Knoxville, Tennessee, costs $139 roundtrip in late May, not including any extras.
Persons: Allegiant, Drew Wells, Allegiant's, David Neeleman, Neeleman Organizations: Allegiant Air, Breeze Airways, Spirit Airlines, Frontier Airlines, United Airlines, American Airlines, Southwest Airlines, Dulles, Google Locations: Colorado, Phoenix , Orange County , California, St, Petersburg , Florida, Allegiant, Denver, Allegiant's, Washington Dulles, Phoenix, Dulles, Knoxville , Tennessee, Knoxville
If you still haven’t booked your holiday travel plans, take note: Prices tend to rise the closer you get to the days you’re looking to travel. To afford holiday trips, about 50% of respondents are cutting back on other expenses while 49% are picking up discounts and deals, according to the 2024 Holiday Travel Outlook by Hopper, a travel site. Some last-minute holiday travelers are leaning into so-called “Travel Tuesday” — or the Tuesday after Cyber Monday and Black Friday — which falls on Dec. 3 this year. As you shop, make sure to read the fine print in case discounts only apply for certain routes and days, Dengler explained. “I really encourage travelers to do that exploration now so that on Travel Deal Tuesday, they can be ready to actually book,” she said.
Persons: Hopper, , ’ ”, Sally French, , Phil Dengler, Hayley Berg, Dengler, NerdWallet’s, “ They’re, you’ll, ” Dengler, you’re, Berg, Organizations: McKinsey and Company, Travel, Travel Deal, Black
Almost 80 million people will hit the roads and airways this Thanksgiving, with traveler numbers surpassing pre-pandemic levels, the AAA predicts. Journeys of 50 miles or more will be made by 79.9 million people in the holiday period — an increase of 1.7 million from last year and 2 million more than in 2019. "Thanksgiving is the busiest holiday for travel, and this year we’re expecting to set new records across the board, from driving to flying and cruising," Stacey Barber, vice president of AAA Travel said in a statement. The majority of trips, 71.7 million, will be by car, meaning 1.3 million more travelers will be on the road compared to last year. A record 5.84 million plan to fly, a 9% increase from 2019, with international flight bookings up 23%, the AAA said.
Persons: Stacey Barber, Bob Pishue, Hertz Organizations: AAA, AAA Travel, Phoenix Locations: Boston , New York, LA, Seattle, Washington, DC, Atlanta, Las Vegas , Los Angeles, Miami, Oahu, Orlando, Florida
Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull. The deal comes with a commitment of $350 million in equity investment from bondholders, which it said equates to $795 million of outstanding debt. The company's share price fell from £3.22 to $1.15 last week after the Wall Street Journal reported it was preparing to file for bankruptcy protection, closing on $1.07 on Friday. Spirit said last month it would cut jobs and sell 23 older planes in a bid to save $80 million. Industry analysts said at the time that the court's decision left Spirit with few options but to face a likely restructure and bankruptcy.
Persons: , Ted Christie, Christie, Spirit Organizations: Spirit Airlines, Company, , Wall Street, U.S, JetBlue, Industry Locations: , Florida
AdvertisementSpanish airline Iberia operated the first transatlantic Airbus A321XLR flight on Thursday. The A321XLR's extra fuel tank allows it to fly 5,400 miles nonstop, opening new routes for airlines. I toured the jet and was impressed with its lie-flat business class and cozy coach cabin. Spanish flag carrier Iberia operated the first-ever commercial transatlantic Airbus A321XLR flight from Madrid to Boston on Thursday. Thanks to its extra fuel tank, the A321XLR can fly up to 11 hours nonstop, opening new routes for airlines between lower-demand cities that were previously unprofitable on larger aircraft.
Organizations: Airbus, Iberia, Boston Locations: Iberia, Madrid
Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Spirit Airlines , an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger and more demanding consumer tastes. The airline said it expects to continue operating normally and said told customers can continue to book as the busy holiday season approaches. Spirit is the first major U.S. airline to file for Chapter 11 since American Airlines 13 years ago. Spirit filed for protection in U.S. Bankruptcy Court of the Southern District of New York.
Persons: Ted Christie, Spirit Organizations: Spirit Airlines, Fort, Hollywood International Airport, Fort Lauderdale , Florida . Spirit Airlines, U.S, American Airlines, JetBlue Airways, Bankruptcy, Southern, of, New York Stock Exchange Locations: Fort Lauderdale, Fort Lauderdale , Florida, , Florida, of New York
AdvertisementKelly Green, 34, went to visit her parents in Tristan Da Cunha and fell in love. This as-told-to essay is based on a conversation with Kelly Green, the head of tourism at Tristan Da Cunha. But I misunderstood, as Edinburgh of the Seven Seas is a settlement in Tristan Da Cunha, one of the world's most isolated settlements with only around 236 inhabitants. I wanted to live in Tristan Da Cunha. Just because I decided to live on Tristan Da Cunha doesn't mean they have to live here forever.
Persons: Kelly Green, Tristan Da Cunha, Green, Shane, I've, Kelly Green Tristan Da Cunha, There's, they're Organizations: British Overseas, Cape Town, Gatwick Airport, England Locations: British, British Overseas Territory, England, Antigua, Bangladesh, Mozambique, Kenya, easyJet, Edinburgh, Scotland, Cape, South Africa
AdvertisementSpirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The company told customers they can continue to book and fly with the airline. Read Spirit's open letter explaining the process. Spirit Airlines told travelers they can keep booking and flying with the carrier after filing for bankruptcy protection on Monday. Read the open letter Spirit sent to customers:
Organizations: Spirit Airlines, Read, Budget, JetBlue
To get the best flight prices, consider flying mid-week or traveling to and from another airport. Then we switched to a VPN, using five of the most popular services, and repeated the searches while appearing to be in a different country. Original flight price, Chicago to Seattle: $361Surfshark VPN price: $361Original flight price, Nashville to New York: $99Surfshark VPN price: $99Learn more at the Surfshark website. Original flight price, Chicago to Seattle: $361Cyberghost VPN price: $361Original flight price, Nashville to New York: $99Cyberghost VPN price: $99Learn more at the Cyberghost website. VPNs: When they're usefulWhile a VPN can't reliably help you book cheaper flights, having one can protect your digital privacy and security, especially when you travel.
Persons: , NordVPN NordVPN, Surfshark, Cyberghost Cyberghost Organizations: Service, Northern, Google, PIA Locations: United States, Chicago, Seattle, Nashville, New York City, China, New York, Africa, U.S, JFK, LaGuardia, Newark
The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.
Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan
Spirit Airlines files for bankruptcy
  + stars: | 2024-11-18 | by ( Chris Isidore | Olesya Dmitracova | ) edition.cnn.com   time to read: +2 min
New York/London CNN —Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice. Airlines and other companies in the United States frequently file for bankruptcy and emerge stronger on the other side of the process. Most major US airlines, including the three largest — American Airlines, United and Delta — have filed for bankruptcy at some point in the past 25 years. Numerous airlines, including American, have had their assets purchased out of bankruptcy and merged with a different airline. In recent years Spirit has attempted two mergers, one with fellow bargain carrier Frontier Airlines and once with JetBlue Airways, which topped the offer from Frontier only to have its purchase blocked by a federal judge on antitrust grounds.
Persons: Delta —, Spirit Organizations: London CNN — Spirit Airlines, American Airlines, United, Delta, Frontier Airlines, JetBlue Airways, Securities and Exchange Commission, New York Stock Exchange Locations: New York, London, United States, Frontier
AdvertisementI flew in Qatar Airways' QSuite business class, which Skytrax named as the world's best for 2024. Thanks to the plush suite with a sliding door and the friendly cabin crew, it felt super luxurious. Top-notch food and generous pours on the drinks really elevated the luxury experience. Qatar Airways' signature QSuite business class was named the world's best business class at this year's Skytrax awards, often called the aviation industry's Oscars. Here's what it was like to fly in Qatar Airways' QSuite.
Persons: Elon Musk's Organizations: Qatar Airways, Airbus, Elon Musk's Starlink, White Company Locations: London Heathrow, Doha, Swiss
The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. "So there is an increased demand for sending people to stations, sending cargo to stations," she said. TEC's core product is Nyx, a capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. These include mission contracts with companies including Starlab, which is designing a new space station, and Axiom Space.
Persons: Huby Organizations: TEC, CNBC, Venture, Balderton Capital, French Tech, Climate Fonds, The Exploration Company, SpaceX, European Space Agency, NASA Locations: China, Russia, Europe, U.S, India
AdvertisementI waited for seven hours to try Franklin Barbecue, considered the best barbecue in Texas by many. One of the most famous places to get it is Franklin Barbecue in Austin, where people wait in line for hours to order. Established in 2009, Franklin Barbecue has made quite a name for itself in the past few years. It's regularly recommended in Michelin Guides, and publications from Texas Monthly to Bon Appetit have listed it among the best barbecue in Texas (and even the country). The long wait was worth itThe food and experience made the wait worth it.
Persons: Franklin, It's, Bon Appetit, Anthony Bourdain, I'd, Ash, Ash Jurberg, Aaron Franklin, I've Organizations: Franklin, Michelin Guides, Texas, University of Texas, Down Locations: Texas, Austin, Angeles
AdvertisementI purchased a blow-up travel pillow for two long-haul flights between the US and East Africa. I did catch some Zs, but I knew by the end of the flight I'd never fly with the travel pillow again. The Kimiandy Inflatable Travel Pillow. Monica Humphries/Business InsiderI'd eyed the travel pillow for yearsI've spent the past few years watching TikTok videos, chatting with frequent flyers, and reading travel pillow roundups — and one product always stood out. AdvertisementThe $21 Kimiandy Inflatable Travel Pillow, shaped like a cube, allows sleepers to lean forward.
Persons: shamefully, Monica Humphries, I've, hasn't Organizations: US, Ethiopian, Qatar Airways, Ethiopian Airlines Locations: East Africa, Washington, Addis Ababa, Ethiopia, Doha, Qatar, Dallas
“We know they can do it.”More than 300,000 women served tours of duty in Iraq and Afghanistan, Manning said. More than 9,000 women received Army Combat Action Badges for “actively engaging or being engaged by the enemy,” according to a 2015 report by the nonpartisan Congressional Research Service. Two were given a Silver Star, the third-highest military combat decoration, for “gallantry in action,” the report said. Manning said another 383 women were awarded a Purple Heart — the nation’s oldest military award, which recognizes sacrifice and heroism. “To cast this wide net and say women shouldn’t serve in combat — well, guess what?
Persons: Pete Hegseth, Donald Trump’s, , hasn’t, ” Hegseth, Shawn Ryan, Ben Shapiro, “ I’m, Ash Carter, Shapiro, “ shouldn’t, Lory Manning, Manning, , Allison Jaslow, Jaslow, ” Jaslow, Trump, Hegseth, Steven Cheung, Trump’s, Sen, Tammy Duckworth, ” Duckworth, Raquel Durden, shouldn’t Organizations: U.S, Army, NBC News, Fox News, Pentagon, Army Rangers, Green Berets, Navy, Marine Corps, Air Force, , Defense Department, Service, Congressional Research Service, Star, Afghanistan Veterans, Army’s Ranger, Republican, Army National Guard, CNN Locations: U.S, America, Iraq, Afghanistan, California, Guantánamo Bay, Cuba
Total: 25