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☆ 'Cargojet is expensive': Short seller bets against Canada's largest cargo airline
▼ + stars: | 2024-11-27 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

A London-based hedge fund is betting against Cargojet , Canada's largest cargo airline, citing concerns about the company's aging fleet, accounting practices, and leadership style. Allen also claimed that the company has failed to update the age of its aircraft fleet. The Toronto-listed shares of the company have struggled this year, posting a 2% gain while the broader Canadian stock market has risen by nearly 25%. At the time of Allen's presentation slide titled "Cargojet is expensive," the stock was trading at 27 times earnings and 3.5 times tangible book value. In comparison, traditional airline Lufthansa trades at 7 times earnings, and United Airlines is valued at 9 times earnings estimate.

Persons: Edgar Allen, Ajay Virmani, Allen, they've, Cargojet, They've, Konark Gupta, Gupta, Allen's Sohn, Walter Spracklin, Fadi Chamoun, Chamoun, Drake, Elon Musk, Virmani Organizations: Cargojet, Investment Management, Sohn, United Parcel Service, Federal Express, CNBC Pro, CNBC, Scotiabank, RBC Capital Markets, BMO Research, Lufthansa, United Airlines, Elon Locations: London, Ontario, CJT, Toronto

☆ 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

☆ Man arrested at LAX after allegedly checking suitcases filled with over 70 pounds of meth-caked clothing, including a cow onesie
▼ + stars: | 2024-11-27 | by ( Lex Harvey | ) edition.cnn.com time to read: +2 min

CNN —A California man was arrested at Los Angeles International Airport after he allegedly tried to check two suitcases containing more than 70 pounds of clothing caked in methamphetamine – including a cow pajama onesie – on a flight to Australia, federal prosecutors said Tuesday. Law enforcement extracted more than one kilogram (two pounds) of meth from the suitcases, the statement said. Matharu was intercepted at his gate and admitted to owning the suitcases, according to the court records. The clothing was likely “washed” in methamphetamine and left to dry, the court records said. Matharu is free on a $10,000 bond and is scheduled to be arraigned on Monday in Los Angeles, according to prosecutors.

Persons: onesie, Raj Matharu, Matharu, Martin Estrada Organizations: CNN, Los Angeles International Airport, United Airlines, Central District of, “, US Department of Justice Locations: California, Australia, Sydney, Central District, Central District of California, Los Angeles

☆ It’s Not Your Imagination. Airlines Are Padding Flight Times.
▼ + stars: | 2024-11-27 | by ( Ben Blatt | ) www.nytimes.com time to read: 1 min

The average flight today from Kennedy Airport to LAX is slower than it was in 1995 in every conceivable way. Planes face longer delays leaving the gate; take more time taxiing before taking off; and spend more time in the air. But paradoxically, even with an average rise in travel time of 18 minutes, the percentage of flights on this route arriving after the scheduled arrival time has decreased. In 1995, the arrivals were behind schedule 51 percent of the time; today it’s just 37 percent.

Organizations: Kennedy Airport, LAX

☆ She ditched her auditing job to work at her family's restaurant. 7 years later, she opened a second spot — and turned a profit.
▼ + stars: | 2024-11-27 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

Seven years later, she expanded the business and opened New Station Rice Bar. Located in Fortune Centre, an old mall in central Singapore, her shop is a 10-minute drive from her parent's restaurant. Related storiesThe lessons she learned were proven rightAlmost 10 months since she opened the 500-square-foot restaurant, New Station Rice Bar has seen a steady flow of customers. But the most popular dish is salted egg chicken rice — also a bestseller at her parents' restaurant. Tan said New Station Rice Bar sees fewer customers during off-peak hours and when it rains.

Persons: Chloe Tan, Tan, Erin Liam Initially, didn't, it's, Wing, She's, It's, Erin Liam Tan Jun Hong, Cherry Tan, Iszahar Tambunan, Oon Seok Sim, she's, she'll, Erin Liam Tan Organizations: New, Rice, Rice Bar, BI, Singapore Airlines Locations: Austin , Texas, Singapore, Fortune, Hong Kong

☆ CEO says his airline's all-Airbus fleet is a 'better alternative' as rivals struggle with Boeing blues and engine issues
▼ + stars: | 2024-11-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Its CEO told Bloomberg it benefited from engine choices and an all-Airbus fleet. CEO Johan Lundgren spoke to Bloomberg TV on Wednesday as easyJet reported blockbuster earnings. Related VideoThe European budget airline reported a record-breaking summer, with pre-tax profit up by one-third since last year to £610 million ($768.35 million). Earlier this month, Wizz reported its half-year net profit was down 21.3% to 315.2 million euros ($331.4 million). Lundgren told Bloomberg TV the airline had 16 deliveries this financial year rather than the 19 it expected.

Persons: Wizz, easyJet, Johan Lundgren, Lundgren, we've, Pratt & Whitney Organizations: Bloomberg, Airbus, Boeing, Ryanair, Pratt & Whitney, Bloomberg TV, Wizz, Europe's, Alaska Airlines, Pratt &, CFM

☆ Nuuk International Airport opens: Traveling to Greenland is about to get easier
▼ + stars: | 2024-11-27 | by ( Anne Cliford | ) edition.cnn.com time to read: +3 min

That’s thanks to a new international airport, equipped with a 2,200-meter (7,217-foot) runway, opening in the capital of Nuuk. Before the new airport’s opening, traveling by air to Greenland meant flying into smaller cities such as Kangerlussuaq to the north or Narsarsuaq, further south. The new airport will serve as the base for Air Greenland, which will operate an Airbus A330neo plane on a route to Copenhagen, Denmark. Jens Lauridsen, chief executive of Greenland Airports, knows the opening of the new facility at Nuuk will have a big effect on tourism and the economy. She plans on being on the first flight that lands at the new Nuuk International Airport.

Persons: Jens Lauridsen, We’re, Oscar Scott Carl, Qupanuk Olsen, ”, “, Anne Nivíka Grødem, ” Grødem Organizations: CNN, United Airlines, Air Greenland, Airbus, Greenland, YouTube, Nuuk International, “ Locations: Greenland, Nuuk, Newark , New Jersey, It’s, Air, Copenhagen, Denmark, Reykjavik, Iceland, Ilulissat, Qaqortoq

☆ EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams 'unfair' penalty over practice
▼ + stars: | 2024-11-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

EasyJet on Tuesday said it made a record £3.59 billion ($4.5 billion) from charging passengers for flight add-ons such as extra baggage in the full year to October, as the budget airline's CEO criticized a recent Spanish fine over the practice. Many airlines have stripped back what they include in their flight fares in recent years, instead relying on cashing in more from individual add-ons, as competition to offer ultra-low cost base fares intensifies. "We completely disagree with that, we think it goes completely against European law and European law's going to trump that," easyJet CEO Johan Lundgren told CNBC's "Squawk Box Europe" on Tuesday. "It's a highly unfair idea that you should not be able to offer products and services targeted for those people who want to use that. Spain's Association of Airlines (ALA), Ryanair, Norwegian and easyJet last week all criticized the fines and said they would dispute them.

Persons: Spain's, EasyJet, Johan Lundgren, CNBC's, easyJet Organizations: Spain's Ministry of Consumer Rights, Ryanair, Spain's Association of Airlines, ALA

☆ Heathrow boss says 2025 to bring final decision on controversial third runway
▼ + stars: | 2024-11-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

However, he said it was ultimately up to the state to approve the plans, which have been highly controversial for decades. So if we want to go beyond a certain number at Heathrow, whether that is 90 million passengers or anything around that, we need a third runway, that's not a discussion," Woldbye said. 'We' here is not just Heathrow, that's the airlines, it's government, it's parliament, it's everybody around us. But transportation strategy is a government issue," Woldbye said, acknowledging it was "not an easy decision." I'm serious about getting a decision and about getting the right decision," which would be one guided by overall U.K. strategy, he said.

Persons: Thomas Woldbye, Woldbye, Louise Haigh Organizations: Airlines, Heathrow, Labour, Transport Locations: London

☆ 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

☆ 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

☆ The Best Travel Deals for Black Friday and Travel Tuesday
▼ + stars: | 2024-11-26 | by ( Elaine Glusac | ) www.nytimes.com time to read: 1 min

As a sales season, Black Friday long ago turned the weekend corner to extend to Cyber Monday. And it’s still growing as Travel Tuesday — this year falling on Dec. 3 — gains traction. In a recent report, the consultancy McKinsey & Company found that bookings for hotels, cruises and airlines spiked on Travel Tuesday 2023. “More people are investing in travel and experiences than ever before,” said Hayley Berg, the lead economist at the travel booking app Hopper. “On the flip side, we’ve seen more marketing and more providers participating, so it’s really snowballing.”But don’t wait for Travel Tuesday to book a deal.

Persons: ”, Hayley Berg, Hopper, “, we’ve Organizations: McKinsey & Company, Airline, Companies

☆ 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

☆ Google proposes fresh tweaks to search results in Europe
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: +2 min

Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic to their sites resulting from previous tweaks by the Alphabet unit and as EU antitrust regulators consider levying charges against the company under new EU tech rules. Under the Digital Markets Act, Google is prohibited from favouring its products and services on its platform. The latter three groups said their direct booking clicks have fallen by 30% due to recent Google changes. "We think the latest proposal is the right way to balance the difficult trade-offs that the DMA involves," Bethell said. "We're very reluctant to take this step, as removing helpful features does not benefit consumers or businesses in Europe," Bethell said.

Persons: Oliver Bethell, Bethell, We're, crosshairs Organizations: Google, Digital Markets, Big Tech Locations: Europe, Germany, Belgium, Estonia

☆ 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

☆ M&A is back on the table for airline industry, says Frontier CEO Barry Biffle
▼ + 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 EmailM&A is back on the table for airline industry, says Frontier CEO Barry BiffleBarry Biffle, Frontier Airlines CEO, joins 'Money Movers' to discuss holiday travel outlook for airlines, competition and return of M&A.

Persons: Barry Biffle Barry Biffle Organizations: Frontier Airlines CEO

☆ British Airways just unveiled a new first-class cabin coming to the Airbus A380. See inside the luxury modern suite.
▼ + stars: | 2024-11-26 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

AdvertisementBritish Airways unveiled its new first-class cabin on Monday. Business Insider was among the first to see inside the upgraded suite. It has a sleek, modern design and a touchscreen for flight attendants. After unveiling its updated short-haul interior in March, BA showed off its new first-class cabin at its London headquarters on Monday. Business Insider was among the first people to see inside the new suite.

Persons: it's Organizations: British Airways, Singapore, Airbus, Concorde, Business Locations: London

☆ British Airways reveals new A380 superjumbo first class seat design
▼ + stars: | 2024-11-26 | by ( Francesca Street | ) edition.cnn.com time to read: +6 min

This luxury is set to be taken to new heights on British Airways superjumbos, as the airline just unveiled a fresh design for its first class airplane seat, set to launch on BA’s A380 planes in 2026. CNN Travel was among the first to try out British Airways’ new cabin product during an unveiling at the airline’s London headquarters. British Airways suggests the wardrobe eliminates the need for overhead storage, which (perhaps controversially) won’t be a component of these new first class cabins. Each first class seat also features a 32-inch 4K inflight personal entertainment screen and adjustable mood lighting, including a “cinema” mode. Future of first classWhile British Airways is investing in its premium cabins, some airlines are moving away from first class.

Persons: United Kingdom CNN —, won’t, Calum Laming, “, ” Laming, Laming, you’re, there’s, ”, CNN’s Tamara Hardingham, Gill Organizations: CNN, United Kingdom CNN, Airbus, British Airways superjumbos, CNN Travel, British Airways, British Airways British Airways, American Airlines and United Airlines, Singapore Airlines Locations: London, United Kingdom, Concorde, Emirates, Johannesburg, Miami, Singapore, Los Angeles, San Francisco, Boston

☆ Flight attendants share secrets to surviving holiday travel
▼ + stars: | 2024-11-25 | by ( Francesca Street | ) edition.cnn.com time to read: +28 min

But it doesn’t have to, just ask the world’s flight attendants. “It’s important for flight attendants to know who is sitting in what seats,” she says. And during those quieter moments, he says flight attendants “honestly love to talk to passengers.”We love when people come back and talk to us. Liz SimmonsFor flight attendants, interacting with the occasional famous face is just part of the job. While gifts are thoughtful, flight attendants don’t expect them, and especially not extravagant ones.

Persons: anyone’s, Hunter Smith, Lihas, Liz Simmons, you’ve, Elijah Nouvelage, Smith, “, ”, you’re, Kamil Krzaczynski, Simmons, Mike Blake, FlightRadar, “ It’s, you've, Joshua Lott, don’t, Kent Nishimura, “ I’m, who’s, they’ve, it’s, — Simmons, ” Smith, there’s, — isn’t, ” Simmons, “ It’ll, Alexander Spatari, ” I’ve, who’ve, lister, I’ve, she’s, everyone’s, Liz Simmons “, ’ Simmons, Kevin Lamarque, “ I’ve, They’re Organizations: CNN, Reuters, Getty, Facebook, Los Angeles Times, Netflix, Hallmark, Hollywood, “, Disney Locations: Florida, AFP, earshot, Greece, You’re, London, New York, “

☆ Virgin Atlantic CEO says UK budget is 'tax on growth' with air duties set to rise
▼ + stars: | 2024-11-25 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Shai Weiss, chief executive officer of Virgin Atlantic Airways Ltd., on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. LONDON – Virgin Atlantic CEO Shai Weiss on Monday said the U.K. Labour government's landmark October budget presented a "tax on growth" due to higher rates placed on the aviation industry. "I would call [the Budget] a tax on growth," Weiss said Monday, adding that while it was necessary to cover Britain's budget deficit, it was also important to recognize the contribution of aviation to the wider U.K. economy. For journeys between 2,001 and 5,500 miles, APD will rise to £102 from £90 in economy and to £244 from £216 in other classes. CNBC has contacted the U.K. Treasury for comment.

Persons: Shai Weiss, Monday, Weiss, Louise Haigh, Rachel Reeves, Rain Newton, Smith, Bill Organizations: Virgin Atlantic Airways Ltd, LONDON, Virgin Atlantic, Labour government's, Labour, Conservative, Air Passenger, Treasury, Aviation, . Transport, Finance, of British Industry, National Insurance, CNBC Locations: Farnborough, London

☆ In-Air Emergencies Can Cause Lasting Trauma
▼ + stars: | 2024-11-25 | by ( Carly Lewis | ) www.nytimes.com time to read: +2 min

Last January, Shandy Brewer boarded an Alaska Airlines flight from Portland, Ore., to Ontario, Calif., en route to her grandmother’s birthday celebration. Brewer and the other passengers heard a loud bang. She couldn’t see that 15 rows behind her one of the plane’s doors had blown off, exposing passengers to open air at 16,000 feet. Brewer, now 30: “People say, ‘Nobody died on this flight’ — but we could have.” Ms. On the Fourth of July, the sound of fireworks made her feel “extreme panic,” and she had to hide indoors.

Persons: Shandy Brewer, Brewer, ‘ Nobody, Ms, ”, they’re Organizations: Alaska Airlines, National Academies of Sciences, Engineering, Medicine Locations: Portland ,, Ontario, Calif, Oregon, barreling, United States

☆ An American Airlines passenger was taken to hospital after severe turbulence caused a 4-hour flight to nowhere
▼ + stars: | 2024-11-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

AdvertisementAn American Airlines flight returned to São Paulo after turbulence injured a passenger. An American Airlines passenger was taken to hospital after their flight encountered turbulence. Data from Flightradar24 shows that Saturday's Flight 930 from São Paulo to Miami U-turned less than two hours after taking off. Related Video Severe turbulence launches passengers to the ceiling of Singapore Airline flightAn airline spokesperson confirmed to Business Insider that the flight landed safely back in São Paulo "after encountering turbulence while in flight." A Singapore Airlines passenger died, and dozens more were injured during severe turbulence in May.

Persons: São Paulo Organizations: American Airlines, Singapore Airline, Business, Boeing, Aviation Herald, Singapore Airlines, Korean, University of Reading Locations: Miami, Singapore, São, Brazil

☆ Inside the Trump-Fueled Lobbying Frenzy From Mar-a-Lago to Washington
▼ + stars: | 2024-11-25 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +9 min

Never before, lobbyists say, has the geographic center of power shifted so dramatically with the arrival of a new administration. By leveraging his access to Trump, Ballard Partners was able to compete with the old white-shoe lobbying firms that have been the industry's dominant players for decades. Corporate clients need lobbyists who appreciate that Trump is "disrupting the status quo in Washington," Sayfie, the Ballard lobbyist, says. Some major companies, lobbyists say, have been caught off guard by the rapid pace of Trump's transition moves. Those who bankroll his staff and travel before he takes office, lobbyists say, stand to build connections and curry favor with the once and future commander in chief.

Persons: Donald Trump, Bill Helmich, Trump, Evan Power, who's, MAGA, Justin Sayfie, we've, Andrew Jackson, Trump's, Brian Ballard, Ballard, Jeffrey Brooks, Adams, Reese, Susie Wiles, Pam Bondi, Alex Brandon, Matt Slocum, Colin Roskey, Dave Wenhold, Miller, There's, Scott Mason, Knight, John Deere, Mason, Dave Levinthal Organizations: White House, Business, Florida GOP, Mar, Trump, Republicans, America, Washington, Ballard Partners, Google, American Airlines, Honda, Reynolds American, Geo Group, American Health Care Association, White, Facebook, Washington D.C Locations: Washington, —, Florida, Palm Beach, Doral, Mar, Holland

Starbucks' airport location staff — and company technology — will be put to the test this week during some of the busiest travel days of the year. For the aviation industry, bottlenecks at airport Starbucks are just another sign of soaring demand and overcrowded airports. Licensing modelA challenge for Starbucks is that licensees — not Starbucks itself – operate its airport locations. Starbucks opened its first airport location with licensee HMSHost in 1991 at Seattle-Tacoma International Airport, which serves Starbucks' hometown. While HMSHost still operates the overwhelming majority of Starbucks' airport cafes, more operators, such as Paradies Lagardere and OTG, have since taken a swing at it.

Persons: Jeff Greenberg, Coresa Barrino, Brian Niccol, Niccol, Jennifer Simkins, Ursula Cassinerio, HMSHost, Paradies, OTG, Mark Kalinowski, Leslie Josephs, Kevin Schimpf, Sara Senatore ., Senatore Organizations: Miami International Airport, Universal, Getty, Starbucks, New, Transportation Security Administration, U.S . Department of Transportation, Aviation Administration, Dallas Fort Worth International, International, Airlines, Tacoma International Airport, HMSHost, Equity Research, LaGuardia, CNBC, Bank of America Locations: Miami, Charlotte , North Carolina, Charlotte, Chipotle, U.S, Seattle, New York City

☆ Southwest Airlines Makes Changes, but They Haven’t Been Enough
▼ + stars: | 2024-11-24 | by ( Niraj Chokshi | ) www.nytimes.com time to read: 1 min

Three years ago, Southwest Airlines started flying out of Bellingham, Wash., a growing city near the Canadian border, aiming to do what it had done in dozens of smaller airports — sell lots of tickets to people who have few other travel options. Officials and residents in Bellingham, which sits between Seattle and Vancouver, British Columbia, were thrilled as the airline added new nonstop service to cities on the West Coast at affordable prices. “The community embraced them, and we loved having them,” said Rob Fix, the executive director of the Port of Bellingham, which oversees the airport. But the expansion didn’t work as planned. This year, facing unexpected costs and challenges, Southwest left Bellingham and a handful of other cities it had started serving during an ambitious period of growth early in the recovery from the pandemic — markets that it said were underperforming.

Persons: ”, Rob Fix Organizations: Southwest Airlines, Southwest Locations: Bellingham, Wash, Seattle, Vancouver, British Columbia, Coast, Port of Bellingham

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