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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow Boarding: Why you may be flying on bigger planes this summerOn this episode of "Now Boarding" Leslie and Erin discuss how airlines are growing by using bigger planes that fit more passengers to grow while airport congestion, high costs and pilot shortage limits their ability to add flights. "Now Boarding" is a weekly podcast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics about all things aviation. Watch this episode and others on CNBC's YouTube channel every Sunday.

Raoul Sreenivasan, who joined Amazon in 2016 and currently oversees planning, performance and cargo for Amazon Global Air, will take over most of Rhoads' Amazon Air responsibilities, Felton said. As part of an effort to handle and deliver more of its own packages, Amazon launched an air cargo business. Rhoads joined Amazon Air in its early days and has overseen much of the unit's growth, including the opening of a $1.5 billion air hub in Kentucky. Air cargo rates have plunged from record highs hit during late 2021, when port snarls and a dearth of international flights pinched capacity and drove up prices. Correction: Sarah Rhoads joined Amazon in 2011.

Persons: Mark Makela Sarah Rhoads, John Felton, Amazon's, Rhoads, Felton, Raoul Sreenivasan, Sreenivasan, Andy Jassy, Becky Gansert, Heather MacDougall, Pam Greer, Sarah Rhoads Organizations: Lehigh Valley International, Amazon, CNBC, Amazon Global Air, Amazon Global, DHL, TNT Express, FedEx, U.S . Navy, UPS, Amazon Air, Atlas, Boeing, Hawaiian Airlines, Airbus, Air, U.S, Bloomberg ., Amazon Logistics Locations: Allentown , Pennsylvania, U.S, Kentucky

☆ United Airlines adds more flights, new lounges in fast-growing Denver
▼ + stars: | 2023-05-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado. United Airlines plans to beef up its schedule and add new lounges at Denver International Airport, the carrier's bet that demand for flights at its fastest-growing hub will keep rising. United said Tuesday that it will add 35 flights at the Colorado airport this year. The airline's Denver service this summer will average 450 daily departures, a spokeswoman said. Last year, United opened a grab-and-go mini lounge at Denver aimed at travelers connecting to other flights.

"Now Boarding" is a weekly podcast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC's YouTube channel every Sunday. On this episode of "Now Boarding" Leslie and Erin discuss frequent flyer status, airline perks and whether the game is worth it. They talk with Tom Stuker, who has flown more than 23 million miles and says he has lifetime Global Services status on United Airlines, and Brett Snyder, a former airline manager and founder of the Cranky Network Weekly, an industry analysis site.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow Boarding: Travelers are racing for airline status, but is it worth it? "Now Boarding" is a weekly podcast about air travel and the business of flying. In this episode of "Now Boarding" CNBC's Leslie Josephs and Erin Black discuss frequent flyer status, airline perks and whether the game is worth it. They talk with Tom Stuker, who has flown more than 23 million miles on United Airlines, and Brett Snyder, a former airline manager and founder of the Cranky Network Weekly, an industry analysis site, as well as a travel agency.

☆ Justice Department wins lawsuit to undo JetBlue, American Airlines partnership in the Northeast
▼ + stars: | 2023-05-19 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

An American Airlines plane takes off near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. A federal judge on Friday ordered American Airlines and JetBlue Airways to end their partnership in the Northeast, a win for the Justice Department after it sued to undo the alliance arguing it was anti-competitive. The lawsuit, filed in September 2021, alleged that the airlines' alliance was effectively a merger that would hurt consumers by driving up fares. Fort Worth, Texas-based American Airlines and New York-based JetBlue Airways argued they needed the so-called Northeast Alliance to better compete with other large carriers Delta Air Lines and United Airlines in congested airports in the region. Undoing the partnership would be difficult, especially during the peak summer travel season, which airlines have already sold tickets for.

☆ American Airlines, pilots reach preliminary labor deal
▼ + stars: | 2023-05-19 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

An American Airlines plane prepares to land at the Miami International Airport on May 02, 2023 in Miami, Florida. American Airlines and its pilots have reached a preliminary agreement for a new four-year labor contract after months of tense negotiations, a milestone for the country's biggest carrier. The airline was prepared to offer 40% cumulative raises in a four-year deal, American Airlines CEO Robert Isom said in March. American Airlines CEO Robert Isom said in March. Pilots at United Airlines , Southwest Airlines and FedEx are still in negotiations.

☆ Airlines are offering more U.S.-Europe service than ever — but don't expect bargains
▼ + stars: | 2023-05-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Airlines scheduled a near-record 51,000 flights from June through August from the U.S. to Europe, according to airline data firm Cirium. The number of scheduled seats is the highest since 2018. Despite that increase in capacity across the Atlantic, fares are up sharply as airlines test travelers' appetites for trips abroad. JetBlue is flying to London's two largest airports from New York and Boston, and plans to launch service to Paris from New York in June. Delta plans to offer a record number of seats from the U.S. to Europe, up 20% from last summer.

☆ JetBlue adds incremental perks like early boarding and booze to keep travelers reaching for status
▼ + stars: | 2023-05-10 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

JetBlue Airways has unveiled new perks for less-frequent flyers who are striving for elite status, the latest carrier to rethink its loyalty program to reflect shifting travel habits. Other changes include:JetBlue breaking up its elite Mosaic status into four levels, with benefits corresponding to each. To earn level 1 of that program travelers will need 50 tiles, and that comes with benefits like access to seats with extra legroom at check-in and same-day flight changes. JetBlue is also offering perks when a customer moves up a level of elite status like pet-fee waivers or a $99 credit card statement credit. American Airlines late last year, for example, raised the spending threshold required for customers to earn elite status.

☆ Ryanair orders at least 150 of Boeing's largest 737 Max planes
▼ + stars: | 2023-05-09 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

A Ryanair Boeing 737 MAX 8 aircraft as seen flying, landing and taxiing at Eindhoven Airport EIN. Ryanair said it plans to buy at least 150 Boeing 737 10 Max planes with options for 150 more. Ryanair stopped negotiations for a big Max order in September 2021 because of a dispute over pricing. Ryanair's CEO, Michael O'Leary, said the new planes will replace older 737 jets in its fleet. Boeing's next challenge is ramping up production of the 737 Max.

☆ Bed Bath & Beyond, David's Bridal, Party City, and more: The biggest retail bankruptcies of the past 15 years
▼ + stars: | 2023-05-07 | by ( Hayley Peterson | Leslie J. Allen | ) www.businessinsider.com time to read: 1 min

Bed Bath & BeyondBed Bath & Beyond said it would begin liquidation sales at its stores in April 2023 after filing for bankruptcy. Getty ImagesBed Bath & Beyond filed for bankruptcy on April 23, 2023. The home goods retailer had been limping along for months, closing hundreds of its namesake stores, exiting the Canadian market, winding down its Harmon health and beauty chain, and failing to raise the money it needed to continue operating. It said in April 2023 that it would hold liquidation sales at its remaining 360 Bed Bath & Beyond stores and 120 Buybuy Baby locations.

☆ Summer travel: How to save during a busy, expensive season
▼ + stars: | 2023-05-07 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Alexander Spatari | Moment | Getty ImagesThe following is an excerpt from "This week, your wallet," a weekly audio show on Twitter produced by CNBC's Personal Finance team. Here are some insights and ways to save on your trip, shared during a recent conversation with Griscavage, CNBC airline reporter Leslie Josephs and CNBC associate personal finance editor Ken Kiesnoski about summer travel. To that point, airline officials have indicated in company earnings reports that they expect a "monster summer," Josephs said. Use your rewardsMany people built up frequent flier miles during the pandemic by using their credit cards that carry travel rewards benefits, Josephs said. Now is a good time to use — and not hoard — those benefits, especially since it's expensive to buy a flight in cash.

☆ American Airlines pilots vote for potential strike while airline says negotiations are progressing
▼ + stars: | 2023-05-01 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. American Airlines pilots have voted overwhelmingly to allow their labor union to call a strike while the carrier said talks for a new contract are getting close to a conclusion. More than 96% of American's pilots participated in the vote and 99% of them voted to allow the union to call a strike, the Allied Pilots Association said Monday. The APA called the strike authorization vote in March as talks for a new deal dragged on. A spokeswoman for American Airlines said the carrier believes a deal is "within reach" and that a "handful" of issues are left to complete.

☆ FAA launches faster, high-altitude flight routes to avoid congestion along the East Coast
▼ + stars: | 2023-05-01 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

The Federal Aviation Administration has launched nearly 170 new flight routes that are shorter and faster, aiming to cut down on congestion in the eastern U.S. It's part of a seven-year effort from the FAA and airlines to redraw high-altitude route maps for planes, the agency said Monday. The FAA launched the 169 new routes last week, and is abandoning older ones, which were longer and zigzagged more. Those longer routes were designed for planes relying on ground-based radar and not the GPS that modern aircraft use. The FAA estimated that the new routes would reduce about 6,000 minutes of travel time a year.

☆ United Airlines' plan to revamp narrow-body cabins faces supply chain delays
▼ + stars: | 2023-04-28 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

United Airlines ' plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes, Bluetooth capabilities and other amenities. The carrier expects about one in three aircraft in its narrow-body fleet, including new aircraft, will have the upgraded interior by the end of the year. The airline had targeted 2025 to complete the narrow-body upgrades, but it's unclear if United will make that goal. Delta executives have said that revenue growth for premium seats like business class or premium economy has outpaced sales from standard coach.

☆ Southwest says Boeing's aircraft delays will force the airline to scale back hiring plans
▼ + stars: | 2023-04-27 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Southwest Airlines is reducing its hiring targets for this year because of delays in new aircraft from Boeing , the carrier's CEO Bob Jordan said Thursday. The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a previous forecast of 90, which will reduce its capacity growth plans by one percentage point, Southwest said in quarterly filing. Southwest is one of Boeing's best customers and operates a fleet of all 737s. It has orders for 564 Boeing 737 Max planes through the end of the decade, according to the quarterly report. The company didn't respond to a request to elaborate on how much it will need to reduce its hiring plans.

☆ American Airlines ekes out a first-quarter profit as carrier ramps up flying
▼ + stars: | 2023-04-27 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. American Airlines posted a $10 million profit in the first quarter as it ramped up flying and a jump in revenue outpaced higher costs. Excluding charges associated with debt refinancing, American earned an adjusted 5 cents per share during the first quarter, in line with analysts' expectations. For the second quarter of the year, American forecast adjusted per-share earnings of $1.20 to $1.40, at the high-end of analysts' expectations. American CEO Robert Isom said late aircraft deliveries from manufacturers are hindering the carrier's growth.

☆ Southwest posts wider-than-expected loss as toll of holiday crisis stretches into 2023
▼ + stars: | 2023-04-27 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Southwest Airlines lost $159 million in the first quarter as the financial impact of its holiday meltdown stretched well into 2023. The incident resulted in a $325 million revenue impact for the first quarter, Southwest said. Here's how Southwest performed in the first quarter, compared with Wall Street expectations according to Refinitiv consensus estimates:Adjusted loss per share: 27 cents vs an expected loss of 23 cents. 27 cents vs an expected loss of 23 cents. The Dallas-based carrier said it expects revenue headwinds into the second quarter but forecast a profit for the three months ending June 30.

☆ Boeing set to report first-quarter results before the market opens
▼ + stars: | 2023-04-26 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A Boeing 737 Max is displayed during the Farnborough Airshow, in Farnborough, on July 18, 2022. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)Boeing is scheduled to report quarterly results before the market opens on Wednesday and update investors on its outlook for the year as it grapples with a production issue on some 737 Max planes. Earlier this month, the company disclosed a problem with two of eight fittings in a section of fuselage on certain 737 Max planes, its best-seller. Boeing had warned that the issue would slow deliveries of some aircraft. The pace of deliveries is key to its cash flow goals since customers pay for the bulk of the planes upon delivery.

☆ JetBlue posts quarterly loss but forecasts profit thanks to strong travel demand
▼ + stars: | 2023-04-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

JetBlue Airways posted a loss for the first three months of the year but joined other carriers in forecasting a profit for the second quarter thanks to strong travel demand. Here's how JetBlue performed in the first quarter compared with Wall Street expectations based on Refinitiv consensus estimates:Adjusted loss per share: 34 cents vs. 38 cents expected. 34 cents vs. 38 cents expected. Revenue: $2.33 billion vs. $2.32 billion expected. Adjusting for one-time items, JetBlue had a loss of $111 million, or 34 cents per share, better than the loss of 38 cents a share analysts expected.

☆ Travel recovery boosts jet engine units at GE and Raytheon
▼ + stars: | 2023-04-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Technicians assemble a General Electric Co. CFM56-7B jet engine at the company's Aviation Assembly & Test facility in Research Triangle Park in Durham, North Carolina. A recovery in air travel is lifting sales and repairs at the aircraft engine units of General Electric and Raytheon Technologies as Boeing and Airbus scramble to increase their production rates of new planes. The unit makes engines for Boeing's 737 Max planes and Airbus' A320 family of narrow-body aircraft. Raytheon's Pratt & Whitney engine unit sales increased 15% from a year earlier to $5.23 billion. The improvements in those companies come as Airbus and Boeing are trying to increase their output of new planes for airlines.

☆ Boeing CEO stands by plans to increase 737 Max production despite recent flaw
▼ + stars: | 2023-04-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Boeing 's CEO Dave Calhoun said that a flaw detected in some of its 737 Max planes won't hinder its supply chain plans for increased production of its bestselling jetliner this year. Boeing is also comfortable holding extra stock of aircraft supplies "so our supply chain can keep its pace," Calhoun added. Boeing is also planning to increase production of the planes, a goal that has proved challenging as the supply chain recovers from the pandemic. Calhoun said Tuesday the company is assessing the impact of the issue on 737 Max deliveries and apologized to customers but didn't provide more detail.

☆ United Airlines posts net loss but forecasts profit for second quarter
▼ + stars: | 2023-04-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel season picks up. United joined rival Delta Air Lines in reporting strong travel demand for the spring and summer, despite some predictions for an economic slowdown. For the second quarter, United expects adjusted earnings per share of $3.50 to $4 and revenues to rise 14% to 16% from last year. United posted a net loss of $194 million, or a loss 59 cents a share, compared with a loss of $1.4 billion, or a loss $4.24 per share, in the first quarter of last year. United executives will discuss results with analysts and media on Wednesday at 10:30 a.m.

☆ United plans to expand Australia, New Zealand flights 40% in bet on international travel rebound
▼ + stars: | 2023-04-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines is planning to grow its service to Australia and New Zealand later this year, the carrier's latest bet that travelers will continue to book international trips. United is also building up service from both San Francisco and Los Angeles to Brisbane, Australia, and it is using its largest plane to fly between San Francisco and Melbourne, Australia. Airline executives have been upbeat about international travel demand and have been expanding their schedules to cater to the rebound. "On international, we are excited with the momentum we're seeing and expect record revenues and profitability for the summer travel season," Delta's president, Glen Hauenstein, said Thursday on an earnings call. United Airlines is scheduled to report first-quarter results after the market closes Tuesday and will provide another demand forecast ahead of the peak summer travel season.

☆ Southwest Airlines briefly pauses departures after reporting technical problems
▼ + stars: | 2023-04-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on April 18, 2023 in Chicago, Illinois. Southwest Airlines briefly paused its departures on Tuesday after reporting technical problems, delaying flights around the country. The Federal Aviation Administration said the ground stop had been lifted, but many flights were still delayed. "Early this morning, a vendor-supplied firewall went down and connection to some operational data was unexpectedly lost," Southwest said in a statement. Airlines or the FAA will occasionally pause departures, particularly at certain airports, to avoid bottlenecks for parking on the ground.

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