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Southwest Airlines cuts revenue forecast
  + stars: | 2024-06-26 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii. Southwest Airlines shares fell roughly 4% in premarket trading Wednesday after the carrier cut its second-quarter revenue forecast, citing changing booking patterns. Southwest still expects record quarterly operating revenue in the second quarter. Airlines are raking in record numbers of passengers but higher costs and growth in capacity have weighed on fares and profits. "The reduction in the Company's RASM [revenue per available seat mile] expectations was driven primarily by complexities in adapting its revenue management to current booking patterns in this dynamic environment," Southwest said in a filing.
Persons: Ellison, Bob Jordan, Gary Kelly, Jordan Organizations: Southwest Airlines, Airlines, Southwest, Elliott Management, Politico Locations: Kehole, Kailua, Kona, Hawaii, United, Dallas
But by the time the marathon was over, Gruenfeld had decided she would run the 26.2 miles the next year. In October 1992, at 48 years of age, Gruenfeld crossed the finish line at Kona. And her Ironman career isn't over — Gruenfeld is training for her next triathlon, which she will compete in as an 80-year-old. The 80:20 rule — choosing healthy foods 80% of the time and being flexible the other 20% — is one way to make this easier, dietitian Nicole Ludlam-Raine previously told BI. Dr. Heidi Tissenbaum, a molecular, cell, and cancer biology professor at the University of Massachusetts Medical School, previously told BI that keeping the mind and body active is the most important factor in longevity.
Persons: , Cherie Gruenfeld, Gruenfeld, who'd, Donald Miralle, it's, Bryan Johnson, Nicole Ludlam, Raine, Meena Khan, You've, Dr, Heidi Tissenbaum, Ben Foster Organizations: Service, Boston Marathon, Business, Ohio State University, University of Massachusetts Medical School, Mobility, People's Athletic Club Locations: Boston, Kailua, Kona, Hawaii
AdvertisementYears before the recent drama at OpenAI turned CEO Sam Altman into a household name, the former Y Combinator president went on an extraordinary 18-month, $85 million real-estate shopping spree, according to records reviewed by Business Insider — including a previously unreported $43 million Hawaii estate on land that locals describe as historically significant. AdvertisementSam Altman's Hawaii estate is immediately adjacent to the reconstruction of the royal temple of King Kamehameha I. Maxar TechnologiesA $43 million estate in HawaiiIn July 2021, Altman bought a twelve-bedroom estate in Kailua-Kona, on the big island of Hawaii, for $43 million. Altman's purchase of the Hawaii property has not been previously reported. AdvertisementAnnie had been unaware that her oldest brother owned property in Hawaii until Business Insider asked her about it, she said. A $27 million San Francisco homeAltman's weekday residence is a home on San Francisco's Russian Hill that was once described — inaccurately — as the most expensive home in San Francisco.
Persons: Sam Altman, Altman, , OpenAI, he's, He's, Sam Altman's, King Kamehameha I, King Kamehameha, Jennifer Serralta, Serralta, Jack, Max, — Sam Altman, Mark Zuckerberg, Larry Ellison, Marc Benioff, Jeff Bezos, Peter Thiel, Annie Altman, Annie, Sam's, Napa Altman, Cade Metz, Bob Dickinson Organizations: Service, Business, Bloomberg Tech Summit, Wall Street Journal, YouTube, Altman, LinkedIn, Apollo, Opportunity Fund, Silicon Valley, Business Insider, San, SEC, 9Point Ventures, Uncommon Ventures, New York Times, Capital Management, San Francisco Chronicle, New Yorker, Israeli Defense Force, Tesla Locations: San Francisco, Napa, Hawaii, Napa , California, Sam Altman's Hawaii, Kailua, Kona, wakesurfing, Kauai, Lanai, San, Russian, California, Hollywood, Big Sur
The doxo United States of Bill Pay: State by State Bill Pay Market Report found that Hawaii's average monthly cost for household bills is 50% above the national average. The doxo report found that the average monthly bill for a mortgage in Hawaii is $2,247, while the average rent is $1,856. The average monthly bill cost for San Ramon is $4,390. According to the doxo report, the average mortgage in the state is $879, while the average monthly rent is $785. Denistangneyjr | E+ | Getty ImagesTop 10 least expensive states based on monthly expenses
Persons: Bill Pay, doxo, Doxo Organizations: State, Utilities, Auto insurance Cable, Mobile, Hawaii, Swiet, Hawaii California New Jersey Massachusetts Maryland Connecticut New, San, United, West Virginia Locations: United States, Hawaii Hawaii, Hawaii, States, O'ahu, Kailua, Hawaii California New Jersey Massachusetts Maryland Connecticut, Hawaii California New Jersey Massachusetts Maryland Connecticut New York Washington Colorado Alaska California, California, San Ramon, San Francisco, Virginia, West Virginia, Appalachian, Mountain, West
The Coast Guard is searching for a man believed to have gone overboard a cruise ship this week. Insider previously reported that man overboard incidents are relatively rare. The US Coast Guard is still searching for an Australian passenger believed to have gone overboard a Royal Caribbean cruise ship hundreds of miles from Hawaii on Tuesday night. Officials first received a call from the Quantum of the Seas cruise ship about a man overboard at 11:03 p.m. on Tuesday. The search for the overboard man resumed Wednesday morning as a Coast Guard helicopter conducted a six-hour aerial search in the area, but failed to locate the missing man.
Hong Kong CNN —The US Coast Guard has so far found no sign of an Australian passenger believed to have fallen overboard a cruise ship traveling from Brisbane to Hawaii. In statement, the coast guard said it had received a report from the Quantum of the Seas cruise ship late night Tuesday, of a man overboard some 500 miles (805 kilometers) south of Kailua Kona, Big Island. A US Coast Guard Hercules helicopter conducted an aerial search of the area for six hours on Wednesday and it will resume the search at first light on Thursday, the coast guard said. “While on its trans-pacific sailing, a guest onboard Quantum of the Seas went overboard,” the company said in a statement, according to CNN affiliate Nine News. The vessel made its maiden voyage in 2014 from Southampton to New York, and was at the time branded as the “world’s smartest cruise ship” with robot waiters and features skydiving on deck.
Over three dozen Regal Cinemas locations in the US are expected to close. Cineworld detailed the plan to reject the leases starting February 15 in a new bankruptcy filing on Tuesday. Regal is the second-largest cinema chain in the US, behind AMC, with over 500 theaters. The company's plan to close locations during its bankruptcy is fairly routine. Cineworld filed for bankruptcy at a time when the larger theatrical industry is struggling to fully rebound from the pandemic.
HONOLULU — Brigham Young University offensive lineman Sione Veikoso was killed in a construction accident in his hometown in Hawaii, family members said. Veikoso, 22, died Friday after a retaining wall he was helping repair during holiday break from school collapsed, his family confirmed. He was reliable and caring,” Veikoso’s cousin Joshua Kava said in a written statement to the Honolulu Star-Advertiser. Rescuers called them off because of the wall’s instability and manually removed rocks to free two of the men in about 15 minutes. After high school, Veikoso spent two years as a missionary for the Church of Jesus Christ of Latter-Day Saints in Manaus, Brazil, before enrolling in college.
People watch lava from the Mauna Loa volcano on Dec. 1, 2022, near Hilo, Hawaii. If lava does cross the highway, the Hawaii National Guard can help plan for alternatives and try to set up bypass routes, the governor said. Cars wait in traffic along Saddle Road, with occupants waiting to view the Mauna Loa volcano on Thursday. Mauna Loa, which means “Long Mountain,” covers half the island, according to the USGS. It is one of six volcanoes in Hawaii, according to the agency.
HONOLULU — Hawaii officials are warning residents of the Big Island that the world’s largest active volcano, Mauna Loa, is sending signals that it may erupt. Hawaii’s civil defense agency is holding meetings across the island to educate residents about how to prepare for a possible emergency. “Not to panic everybody, but they have to be aware of that you live on the slopes of Mauna Loa. Molten rock flows from Mauna Loa, located on the south-central part of the island of Hawaii, on April 4, 1984. Alternatively, the temblors could subside and Mauna Loa may not erupt this time.
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