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☆ Covid exits corporate earnings with a bump
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. Revenue at the pizza delivery company was down about 4% from the same period last year, as restaurants in the U.S. sold less. Walgreens, meanwhile, lost $180 million in the quarter, while citing significantly lower revenue from Covid tests and vaccines. Meanwhile, Delta delivered record revenue for the quarter, with 30% earnings growth year-on-year, and is quickly repaying debt it took on during the chaos of 2020. While there’s no room for complacency about future shocks, third-quarter earnings might provide a bookend to a strange, turbulent time.

Persons: Brendan McDermid, Delta, Robert Cyran, John Foley, Sharon Lam, Aditya Sriwatsav Organizations: New York Stock Exchange, REUTERS, Reuters, Walgreens Boots Alliance, Delta Air Lines, Revenue, Walgreens, Air, X, Ericsson, Qantas, Thomson Locations: New York City, U.S, Domino’s

☆ A government shutdown could make air travel even worse
▼ + stars: | 2023-09-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Secretary of Transportation Pete Buttigieg warns that might make air travel worse. The impacts on air travel will be immediate, Secretary of Transportation Pete Buttigieg told Insider. AdvertisementAdvertisementImportantly, a shutdown could also jeopardize a crucial piece of ensuring flight safety and timeliness — enough air traffic controllers . The DOT has been making strides in curbing travel nightmares: Throughout 2023, air travel cancellations have stayed below 2%, according to the Air Travel Consumer Report — a far cry from the 2.7% cancellation rate in 2022. AdvertisementAdvertisementEven without a shutdown, Republicans' proposals to keep the government funded while enacting widespread cuts could jeopardize travel, according to Buttigieg.

Persons: Transportation Pete Buttigieg, —, they're, Buttigieg Organizations: Transportation, Service, TSA, Air, Department of Transportation, Republican, Democratic, Independent, Republicans, Federal Aviation Administration, FAA, American

August throughput was also up from July's 14.87 million bpd. Year-to-date throughput gained 11.9% from a year earlier to 491.4 million tons, or 14.76 million bpd. The NBS data on Friday also showed China's domestic crude oil production in August gained 3.1% from a year earlier to 17.47 million metric tons, or 4.11 million bpd. The year-to-date volume rose 2.1% from a year earlier to 139.85 million tons, or 4.2 million bpd. Natural gas production last month rose 6.3% from a year earlier to 18.1 billion cubic metres (bcm), the NBS said.

Persons: Andrew Hayley, Chen Aizhu, Christian Schmollinger Organizations: Air, National Bureau of Statistics, NBS, Thomson

☆ A passenger on budget airline Ryanair was awarded over $30,000 in damages after she fell on 'narrow and steep' plane steps and broke her leg in 2 places
▼ + stars: | 2023-09-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A Ryanair passenger fell down the aircraft steps while disembarking and broke her leg, per El Periódico. The budget airline has been ordered to pay her $33,000 in compensation. Local outlet Diario de Seville reported that the woman was holding the staircase handrail and carrying luggage when she suffered the "horrendous fall." That allows for the budget airline to save on airport fees for jet bridges or stair cars. But the judge at the Commercial Court of Seville said the Ryanair plane's staircase "was especially narrow and steep," per El Periódico.

Persons: El Periódico Organizations: Ryanair, Service, Irish, Spanish, Diario, Seville, Boeing, Europa Press, Montreal Convention Locations: El, Wall, Silicon, deplaning, Seville, Alicante, Spain

London CNN —Air passengers across Europe faced delays on Monday on one of the summer’s busiest travel days after the UK’s air traffic control system suffered a “technical issue” resulting in restrictions on flights. “Our priority is always to ensure that every flight in the UK remains safe and we are sincerely sorry for the disruption this is causing. A spokesperson for Manchester Airport, in northern England, told CNN: “We are aware of a nationwide air traffic control issue that is affecting flights in and out of airports across the country. Ireland’s air traffic control service provider AirNav had said that there were “significant delays” to flights traveling within UK airspace on Monday. “Flights between Ireland and UK airports, and flights traveling to or from Ireland that travel through UK airspace are experiencing significant delays,” it said.

Persons: NATS, Lee Vanstone, ike W, ingle Organizations: London CNN — Air, Air Traffic Services, ”, Pisa Airport Locations: Europe, Pisa, Pisa Airport

☆ Air passenger gets plane all to himself after waiting out 18-hour delay
▼ + stars: | 2023-06-28 | by ( Julia Buckley | ) edition.cnn.com time to read: +2 min

But by the time his American Airlines plane from Oklahoma City to Charlotte took off, it was Monday morning. By the time the plane finally took off at 12 minutes past midnight, he was the only one to board. “I’m the only person on the plane and they have an entire flight crew, they don’t want to do this flight,” he laughed into the camera. A private plane ride doesn’t stop other travel glitches, however – and with lost bag rates up nearly 75%, the luggage curse struck him. A personal plane and a luggage tracker.

Persons: Phil Stringer, Stringer –, Greensboro –, – Stringer, “, ”, ’, he’d, Stringer Organizations: CNN, American Airlines Locations: Oklahoma, North Carolina, Oklahoma City, Charlotte, Greensboro

NEW DELHI/PARIS, June 20 (Reuters) - Record plane orders by India's top two carriers show the country's untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth. A day later, rival Air India firmed up an order for 470 Airbus and Boeing (BA.N) aircraft that, until Monday, had been the industry leading plane deal. LEASING CONCERNSBut while the opportunity in India is big, so are the risks, says Ameya Joshi, an independent aviation analyst. Leasing companies warn that restrictions on repossessing their assets in case of defaults will drive up costs for all Indian airlines - even for IndiGo and Air India. It will eventually help Indian airlines by lowering risk and moderating lease rental costs," said Joshi.

Persons: India's, Jyotiraditya Scindia, planemakers, Ameya Joshi, Joshi, Aditi Shah, Tim Hepher, Joanna Plucinska, Mark Potter Organizations: NEW, Paris, Airbus, Air India, Boeing, Air, CAPA India, planemakers, IndiGo, lessors, Thomson Locations: NEW DELHI, PARIS, Air India, India, New Delhi, outdoing U.S, Paris

☆ Trying to cure jet lag? Try chili, chocolate, and stretching.
▼ + stars: | 2023-06-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The Australian airline Qantas is conducting test flights to find a cure for jet lag on long flights. Researchers for the Australian airline Qantas are working to find a cure for jet lag — and the answer may be on your plate. Project Sunrise flights offered "specific menu items including fish and chicken paired with fast-acting carbohydrates, as well as comfort foods like soups and milk-based desserts. The aim was to promote the brain's production of the amino acid tryptophan ('Tryp') to help passengers drift off more easily." Insider previously reported eating tart cherries, watermelon, and cucumbers may help air passengers sleep and wake easier and fight jetlag.

Persons: —, University of Sydney's Charles Perkins, Alan Joyce, James D Morgan, jetlag, Peter Cistulli, Cistulli Organizations: Australian, Qantas, Service, University of Sydney's, University of Sydney's Charles Perkins Centre, Sunrise, Qantas Passengers, Passengers, Sleep, University of Sydney Locations: New York, London, Sydney, Australia

☆ The world’s most eco-conscious airlines
▼ + stars: | 2023-06-16 | by ( Elissa Garay | ) edition.cnn.com time to read: +12 min

CNN —Most sustainability experts will scoff at the idea of “sustainable” and “airlines” in the same sentence. In 2022, an Airbus wide-body Beluga XL transport aircraft was filled with Sustainable Aviation Fuel" (SAF) for the first time. WiderøeNorway-based Widerøe, the largest regional airline in Scandinavia, says it is on track to become one of the world’s first fully emissions-free airlines. Alaska AirlinesAlaska Airlines has invested heavily in Sustainable Aviation Fuels (SAF). AaronP/Bauer-Griffin/GC Images/Getty ImagesWhile most major global airlines are targeting 2050 for net-zero carbon emissions, Alaska Airlines intends to meet that target as soon as 2040.

Persons: ”, Pedro Piris, Sola Zheng, Sina Schuldt, Nicolas Jammes, ” Akbar Al Baker, “, Zheng, –, that’s, it’s, Beata Zawrzel, Fabrizio Gandolfo, Nicolas Economou, Bauer, Griffin, It’s Organizations: CNN, Environmental Defense Fund, International Council, Clean Transportation, Commercial, International Air Transport Association, UN, Airbus, Beluga XL, Sustainable Aviation, Qatar Airways, SAF, European Union, Google, Environmental Defense, Airlines, United Airlines United, Aerospace, United, Flight Fund, Widerøe Norway, Widerøe, Royce, SAS SAS, Scandinavian, SAS, Wizz, Wizz Air, Etihad Airways Etihad, Getty, Etihad Airways, United Arab Emirates, Boeing, Etihad, Alaska Airlines Alaska Airlines, Aviation Fuels, AaronP, Alaska Airlines, Air Canada Canadian, Air Canada Locations: Europe, Denmark, Sweden, ICCT, Scandinavia, Norway, Canada

☆ ‘We’re paying twice for the same experience’: Plus-size travelers hit out at ‘discriminatory’ airline seat policies
▼ + stars: | 2023-06-12 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

Policies around plus-size travelers tend to vary from airline to airline. However, the rule only applies to domestic flights, which means that plus-size travelers still need to buy an extra seat when going on an international flight. Constant challenges“The stereotypes that surround plus-size travelers, and the hostility towards us when we’re traveling by plane is honestly horrendous,” she adds. “This [shrinking seats] has had such a negative impact on plus-size travelers,” says Leanne. “The agency is reviewing the thousands of comments it received on whether current seat size and spacing affect passenger evacuation,” the FAA said in a statement.

Persons: Chaney, Jae'lynn Chaney, Jae’lynn Chaney, ” Chaney, Charles Leocha, ”, Juan Silva, couldn’t, hadn’t, we’re, Robert Alexander, Gabor Lukacs, ” Lukacs, “, she’s, isn’t, Kirsty Leanne, Leanne, Lukacs, “ I’m, Jake Organizations: CNN, United Airlines, Southwest Airlines, Federal Aviation Administration, CNN Travel, “, Travelers United, Australian Consumer Law, Air Canada, Air Canada Jazz, Canadian Transportation Agency, ”, ” United Airlines, American Airlines, Fort Worth International, Getty, World Obesity Federation, FAA, Flyers, Samoa Air, Polynesian Airlines, Air New Zealand Locations: Kona , Hawaii, Canada, ” United, Dallas, Samoa, New Zealand

☆ Vaping helps fuel huge rise in bad behavior on planes
▼ + stars: | 2023-06-05 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +3 min

CNN —There was the hope that when mask mandates on planes ended and people got used to traveling again, airplane passenger behavior might improve. Unruly passenger incidents were more than a third higher in 2022 than in 2021, a new global analysis by the International Air Transport Association (IATA) has revealed. Incidents of physical abuse remain thankfully rare but had a worryingly huge increase of 61% in 2022 over 2021. Zero tolerance“The increasing trend of unruly passenger incidents is worrying. IATA also wants to increase guidance, training and sharing of best practice when it comes to preventing and de-escalating incidents.

Persons: ”, Conrad Clifford, Said Clifford, “, Clifford Organizations: CNN, International Air Transport Association, US Federal Aviation Administration Locations: Paris, Canada, Montreal

☆ 10 Things in Tech: Hype House for generative AI developers, why Apple is jumping into the metaverse, and a long-range, electric Toyota
▼ + stars: | 2023-06-02 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Like my fully-remote colleague Rebecca Knight, I miss sharing random thoughts with my colleagues. My colleague Darius Rafieyan breaks down the novel setup that's helping unprofitable startups raise money. In other news:Hacker Fellowship Zero is cultivating batches of tech developers, many who are jumping into the generative AI wave, per a New York Times report. Welcome home: A Hype House for generative AI developers. Generative AI has a Digital Blackface problem.

Persons: It's, I'm, Siu, Rebecca Knight, Rebecca, Rebecca Zisser, Darius Rafieyan, Simon McGill, Marc Benioff, Sam Altman, Altman, Mark Zuckerberg, Alistair Barr, GirlfriendGPT, bro, Putin, Diamond Naga Siu, Nathan Rennolds Organizations: Bank of America, New York Times, Getty, San, Toyota, Ryanair, Patryk, Software, VMware, Employees Locations: New Jersey, San Francisco, techies, New York, San Diego, London

☆ Asia's drug trade is thriving post-pandemic, UN report warns
▼ + stars: | 2023-06-02 | by ( Jessie Yeung | ) edition.cnn.com time to read: +6 min

There are other signs of the drug trade bouncing back. West African trafficking networks in East and Southeast Asia, which “all but disappeared” during the pandemic, have now resumed their activities, the report said. From Myanmar, meth and other synthetic drugs then travel out to the world, with shipments previously found as far away as Japan, New Zealand and Australia. It also pointed to the high number of drug-related arrests and admissions at drug treatment facilities as further evidence of robust trade. That figure is 167% higher than the previous year, according to the UNODC report.

Persons: ”, Jeremy Douglas, “, ” Douglas, Douglas, Inshik Sim Organizations: Hong Kong CNN, United Nations Office, Drugs, “, UNODC Regional Representative, Southeast, Central America Locations: Hong Kong, Asia, East, Southeast Asia, Yunnan, Myanmar, China, Thailand, Central, Laos, From Myanmar, Japan , New Zealand, Australia, South Asia, Bangladesh, India, Japan, Cambodia, France, Poland, Indonesia, South Korea

☆ Video shows police hauling a Ryanair passenger off a flight after he was caught smoking in the plane's toilet
▼ + stars: | 2023-06-01 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

A man who was caught smoking in a toilet on a Ryanair flight was hauled off the plane by police. Ryanair confirmed the incident, which occurred on a flight from Spain to Manchester, UK. The man was "named and shamed" in front of all the passengers on the plane, a passenger told local media. A man was hauled off a Ryanair flight by police after he was caught smoking in the plane toilet by staff, the airline confirmed to Insider. "The crew of this flight from Palma to Manchester (30 May) called ahead for police assistance after a passenger was found smoking onboard," Ryanair told Insider in a statement.

Persons: they'd Organizations: Ryanair, Manchester Evening News, Manchester Airport Locations: Spain, Manchester, Palma, Mallorca, England, Ireland, Europe

☆ U.S. holiday air passenger travel tops 2019 pre-COVID levels
▼ + stars: | 2023-05-30 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

WASHINGTON, May 30 (Reuters) - U.S. holiday air passenger travel topped 2019 pre-COVID levels over the Memorial Day weekend, which typically marks the start of the busy U.S. summer air travel season, figures from the U.S. Transportation Security Administration (TSA) showed on Tuesday. The TSA said nearly 9.8 million passengers were screened or passed though security checks over the four-day weekend, about 300,000 more than over the same holiday period in 2019, the agency said on Tuesday. The agency said it screened 2.74 million passengers on Friday alone, the highest number in a single day since November 2019. Friday's traffic topped the recent high that had been set on Thursday and the entire weekend topped pre-COVID traffic levels. Reporting by David Shepardson; Editing by Kirsten Donovan and David HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ US holiday air passenger travel tops 2019 pre-COVID levels
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, May 30 (Reuters) - The Transportation Security Administration screened nearly 9.8 million passengers over the four-day Memorial Day weekend - about 300,000 more than over the same holiday period in 2019, the agency said on Tuesday. The agency said it screened 2.74 million passengers on Friday alone, the highest number in a single day since November 2019. Friday's traffic topped the prior recent high that had been set on Thursday and the entire weekend topped pre-COVID traffic. Reporting by David Shepardson; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Premarket stocks: Debt ceiling woes could kill Wall Street dealmaking
▼ + stars: | 2023-05-22 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Before the Bell spoke with Mitch Berlin, EY Americas Vice Chair, Strategy and Transactions, to discuss the effect the debt ceiling drama is having on dealmaking:This interview has been slightly edited for clarity. Uncertainty around the debt ceiling is threatening to stall any momentum in the M&A market. If the debt ceiling is not raised within the next few weeks, dealmaking will largely be put on hold and [it] could set M&A dealmaking back to the lows of the early pandemic or worse. Janet Yellen stands by June 1 debt ceiling deadlineUS Treasury Secretary Janet Yellen on Sunday reaffirmed June 1 as the “hard deadline” for the United States to raise the debt ceiling or risk defaulting on its obligations. “There will be hard choices to make if the debt ceiling isn’t raised,” reiterated Yellen after Biden’s warning.

☆ Justice Department wins lawsuit to end JetBlue and American Airlines alliance
▼ + stars: | 2023-05-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —American Airlines and JetBlue Airways have to break up their alliance on Northeast US flight routes, a US District Court judge ordered Friday. US District Judge Leo Sorokin ruled in favor of the the Justice Department, giving the Biden administration a victory in its years-long lawsuit against the airlines’ collaboration. The airlines have 30 days to end their partnership, Sorokin ruled – just as the busy summer travel season kicks off. The Justice Department also alleged the two airlines shared revenues earned at these airports, eliminating their incentives to compete with one another. CNN has reached out to American Airlines, JetBlue and the Justice Department for comment.

☆ Biden Wants Airlines to Pay Passengers for Delays. In Europe, they already do
▼ + stars: | 2023-05-13 | by ( Bernhard Warner | Sarah Kessler | ) www.nytimes.com time to read: +2 min

“Airlines already have financial incentives to get their passengers to their destination as planned,” Willie Walsh, the director general of the International Air Transport Association, a lobbying group, said in a statement criticizing the Biden plan. Europe’s air passenger rights regulation hasn’t been a panacea. Mr. Zenere, for example, is still arguing with Wizz Air, the airline that delayed his trip to Venice last year. — Bernhard WarnerTell us what you think: What changes would you like to see introduced to make the air travel experience smoother? Yaccarino, who was NBCUniversal’s head of advertising, will take over a company that has struggled to expand its ad business.

[1/5] Passengers wait to board trains at Shanghai Hongqiao railway station ahead of the five-day Labour Day holiday, in Shanghai, China, April 28, 2023. REUTERS/Aly SongBEIJING, April 28 (Reuters) - China is bracing for a record-high travel rush over the Labour Day holiday, with popular sightseeing spots selling out of tickets and some cities warning would-be visitors away as domestic tourism rebounds after Beijing ended COVID curbs. Authorities are expecting 19 million trips to be made across China's vast railway network on Saturday, the first day of the five-day holiday, which would be the highest number of rail trips made in a single day in the country's history. Over the 40-day Lunar New Year travel period in January-February this year, 348 million trips were made in total, or about 8.7 million trips a day on average, according to the National Railway Administration. China's aviation authority said it expects air passenger trips to reach a total of 9 million over the five days.

☆ Airline passengers were denied compensation for 2 Aperol Spritz cocktails after a court ruled that alcohol isn't a 'refreshment'
▼ + stars: | 2023-04-16 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

A couple was denied compensation for two Aperol Spritz drinks they bought during a flight delay. A German court ruled that as the drinks were alcoholic, they didn't count as refreshments. A couple who tried to get compensation for two Aperol Spritz cocktails during a flight delay had their claim denied after a German court ruled alcohol didn't count as a refreshment. Part of this bill included two Aperol Spritz drinks that cost a total of £15 ($18.60). There were also two Camden Hells beers on the couple's receipt, which the court didn't have to scrutinize as they had not claimed compensation for them.

☆ Israel's Netanyahu buys time, but is still in a fix
▼ + stars: | 2023-03-28 | by ( Angus Mcdowall | ) www.reuters.com time to read: +4 min

It shows the dilemma facing Israel's longest-serving prime minister, who managed a comeback last year, brushing aside an ongoing corruption scandal and the political obituaries written after his last coalition collapsed in 2020. Announcing the delay of the judicial law on television, Netanyahu cited the wisdom of Solomon to say he would extend a hand for dialogue. With polls showing his coalition would lose any new election, Netanyahu can meanwhile count on little goodwill from old foes and former allies still sore from previous encounters. Netanyahu describes the cases as politically motivated, denies wrongdoing and says they are not linked to his judicial reforms. His coalition partners include hard-right supporters of Jewish settlers, who have dismayed Israel's foreign allies with harsh statements about Palestinians.

☆ US current account deficit narrows in fourth quarter
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, March 23 (Reuters) - The U.S. current account deficit narrowed in the fourth quarter amid an improvement in secondary income receipts as well as an increase in the services surplus, data showed on Thursday. The Commerce Department said the current account deficit, which measures the flow of goods, services and investments into and out of the country, contracted 5.6% to $206.8 billion last quarter. The current account gap represented 3.2% of gross domestic product, the smallest share since the second quarter of 2020 and down from 3.4% in the third quarter. The deficit peaked at 6.3% of GDP in the fourth quarter of 2005. For all of 2022, the current account gap widened to a record $943.8 billion, down from $846.4 billion in 2021.

☆ US set to lift COVID-19 testing requirements for travelers from China - source
▼ + stars: | 2023-03-08 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, March 7 (Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) is set to end on Friday mandatory COVID-19 tests for travelers from China, joining other countries in dropping the requirements, a source briefed on the matter told Reuters. The source told Reuters the United States would continue to monitor cases in China and around the world. The United States in early January joined India, Canada, Italy, Japan and other countries in taking new measures after Beijing's decision to lift stringent zero-COVID policies. The United States in December expanded its voluntary genomic sequencing program at airports, adding Seattle and Los Angeles. TGS will continue to monitor flights from the China and regional transportation hubs, as well as flights from more than 30 other countries, the source said.

☆ The FAA won't have to establish seating size and space rules despite all the complaints, US court rules
▼ + stars: | 2023-03-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

On Friday, a US court ruled against FAA having to establish minimum seat sizes and spacing for safety, Reuters reports. On Friday, the DC Circuit Court of Appeals ruled that advocacy group FlyersRights.org couldn't force the FAA to adopt seating dimension rules. That is why some passengers pay for wider seats and extra legroom," Walker wrote. There needs to be a minimum size established, and it needs to be larger than the current sizing," commenter Epiphany Pizor wrote. In 2018, Congress passed the FAA Reauthorization Act, directing the agency to issue seat dimension rules regarding passenger safety.

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