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☆ Delta was the most on-time North American airline during a chaotic 2022, data shows. See which carriers made the top 10.
▼ + stars: | 2022-12-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Aviation data analytics company Cirium has revealed its annual on-time performance review for 2022. Delta Air Lines led the pack with a rate of about 84%, while Air Canada came in last at just 55%. Travel data provider Official Aviation Guide says a score of at least 80% is considered "pretty good." Fortunately, aviation data analytics company Cirium has the answer. Here is a closer look at North America's best and worst airlines for on-time performance in 2022.

☆ Southwest cancellations continue as rival carriers cap fares to help stranded flyers
▼ + stars: | 2022-12-28 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Southwest Airlines slashed another 2,500 flights on Wednesday, sending more frustrated customers scrambling to find seats on other airlines. To help stranded travelers, Delta Air Lines said Wednesday that it "capped fares in all the markets Southwest operates" and that the fares are valid through Saturday. American Airlines said it was capping fares in "cities severely affected by cancellations" and United said it has capped fares in "select cities." The moves came after Transportation Secretary Pete Buttigieg urged other carriers to cap fares. Earlier this week, Southwest CEO Bob Jordan told employees the carrier would fly just about one third of its schedule for several days to try to reset its operations.

☆ Southwest flight upheaval a 'system failure,' U.S. says
▼ + stars: | 2022-12-28 | by ( Kanishka Singh | ) www.reuters.com time to read: +3 min

WASHINGTON, Dec 28 (Reuters) - U.S. Transportation Secretary Pete Buttigieg said that large-scale flight schedule disruptions at Southwest Airlines (LUV.N) were no longer a weather-driven issue and represented a system failure within the company. The rest of the aviation system and other airlines seemed to be back from the weather disruptions, Buttigieg said. More than 2,500 Southwest Airlines flights were canceled as of Wednesday morning, according to the flight tracking website FlightAware. REUTERS/Michael A. McCoy 1 2 3Delta Air Lines (DAL.N) said in an email it had capped fares in all markets where Southwest operates, including domestic and international markets. Southwest told Reuters that it would reimburse customers for travel-related costs and that it had already processed thousands of requests by Tuesday.

☆ How to get reimbursed for hotels and alternative transportation if your Southwest flight was canceled
▼ + stars: | 2022-12-27 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Between Wednesday and Monday, the Dallas-based carrier canceled 8,305 flights, amounting to 36% of its operation, according to FlightAware data. On Monday alone, Southwest canceled 74% of its operation and it is struggling to get back on track with 63% of flights already canceled as of 11:00 a.m on Tuesday. For comparison, the US' second-worst offender between Wednesday and Monday was Delta Air Lines with 1,865 flights canceled, which was 12% of its operation, according to FlightAware. Email Southwest for reimbursementJonathan Weiss/ShutterstockIn some cases, travelers will decide to receive a refund for a canceled flight and rebook their own transportation, like a flight on a different carrier, a rental car, or a train. Contact your credit card issuerDavid Slotnick/Business InsiderTravelers should also check if their credit card comes with trip insurance.

☆ Hundreds more flights are canceled, but winter storm travel disruptions are easing
▼ + stars: | 2022-12-26 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +4 min

Flight cancellations eased further on Monday but disruptions from severe winter weather across the U.S. lingered at the tail end of Christmas weekend. From Wednesday through Saturday, about a quarter of Southwest’s flights were canceled, and two-thirds were delayed, according to FlightAware data. On Monday, more than 1,700 flights were canceled and 2,200 more were delayed, down from nearly 3,200 canceled flights and 7,700 delayed U.S. flights on Sunday. Delta Air Lines, American Airlines, United Airlines, JetBlue Airways and Alaska Airlines were among the other carriers affected by the weather. More than half of U.S.-based airlines’ flights arrived late from Thursday through Saturday, with delays averaging 81 minutes, according to FlightAware.

☆ 'Travel insanity': U.S. passengers stranded by winter storm
▼ + stars: | 2022-12-26 | by ( Kanishka Singh | ) www.reuters.com time to read: +3 min

The travel disruptions continued into Monday when airlines canceled over 2,500 flights as of early afternoon, according to flight tracking website FlightAware. The hardest hit was Southwest Airlines (LUV.N) with about 1,700 cancellations while Delta Air Lines Inc (DAL.N) had over 250 cancellations. David Sharp said on Twitter his Southwest Airlines flight from Denver to St. Louis was canceled and the next flight was not available for another two days. Voice actress Grey DeLisle tweeted to Southwest Airlines: "Flight 1824 from Nashville to Burbank was canceled due to Elliot and we haven't received any rebooking! Nothing anyone could do but so much travel insanity," tweeted another Twitter user named Alex Gervasi.

☆ Hope Global Forums rallies business leaders for financial literacy, ‘so that everyone learns the language of money’
▼ + stars: | 2022-12-26 | by ( Frank Holland | In | ) www.cnbc.com time to read: +4 min

"Our goal is that by the time your kids grow up, financial literacy is in school — kindergarten through college — as a requirement so that everyone learns the language of money." To that end, Operation Hope in 2021 launched Financial Literacy for All, a joint initiative with businesses such as Walmart, Bank of America, Disney and many others. Ambassador Andrew Young were among the business leaders joining Bryant on stage at the Hope Global Forums in Atlanta to talk about silver rights and the power of financial literacy. "John Hope Bryant and I have come together to form Financial Literacy for All to take on financial education. Operation Hope is focused on wealth inequality in the Black community and communities of color, and narrowing that gap.

☆ Airlines cancel 2,000 U.S. flights on Saturday over winter storm
▼ + stars: | 2022-12-24 | by ( Kanishka Singh | ) www.reuters.com time to read: +2 min

WASHINGTON, Dec 24 (Reuters) - Airlines canceled nearly 2,000 U.S. flights as of Saturday morning following a massive winter storm that snarled airport operations around the United States and frustrated thousands of holiday travelers. The flight cancellations on Saturday morning included over 450 from Southwest Airlines (LUV.N) and nearly 400 from Delta Air Lines Inc (DAL.N). The flight disruptions came as an arctic blast gripped much of the United States on Saturday, causing power outages and car wrecks. An NBC News affiliate reported that inclement weather canceled over 130 flights as of Saturday morning at the Seattle-Tacoma International Airport. Passenger railroad Amtrak also canceled dozens of trains through Christmas, disrupting holiday travel for thousands.

☆ Airlines cancel 3,900 U.S. flights Friday as winter storm snarls travel
▼ + stars: | 2022-12-23 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

WASHINGTON, Dec 23 (Reuters) - Airlines canceled over 3,900 U.S. flights on Friday as a massive winter storm snarled airport operations around the United States and frustrated thousands of holiday travelers. The cancellations follow nearly 2,700 canceled flights on Thursday, according to flight tracking website FlightAware. The Federal Aviation Administration (FAA) imposed ground stops or delays for de-icing at a number of U.S. airports because of winter weather. Another 3,800 U.S. flights were delayed on Friday - including more than 14% of those operated by American Airlines (AAL.O), United Airlines (UAL.O), Delta Air Lines (DAL.N) and Southwest Airlines (LUV.N). Southwest canceled 800 flights Friday, about one-fifth of all its scheduled flights, while Alaska Airlines (ALK.N) canceled 321, or 41%, of its flights.

☆ Airlines cancel 5,700 U.S. flights amid fierce winter storms
▼ + stars: | 2022-12-23 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, Dec 23 (Reuters) - Airline cancellations topped 5,700 U.S. flights on Friday as massive winter storms snarled airport operations around the United States and frustrated tens of thousands of holiday travelers. That followed nearly 2,700 canceled flights on Thursday, while just over 1,000 flights have already been canceled for Saturday, according to flight tracking website FlightAware. The Federal Aviation Administration (FAA) imposed ground stops or delays for de-icing at a number of U.S. airports because of winter weather. Another 10,400 U.S. flights were delayed on Friday - including more than 40% of those operated by American Airlines (AAL.O), United Airlines (UAL.O), Delta Air Lines (DAL.N) and Southwest Airlines (LUV.N) - after 11,300 flights were delayed Thursday. Southwest canceled 1,238 flights on Friday, 29% of all its scheduled flights, while Alaska Airlines (ALK.N) canceled 507, or 64%, of its flights.

REUTERS/Elijah NouvelageWASHINGTON, Dec 22 (Reuters) - Airlines canceled more than 2,700 U.S. flights Thursday and Friday, disrupting holiday travel for thousands, as a powerful winter storm hit the United States. The extreme weather coincided with the start of a holiday travel season that could be one of the busiest ever. The Federal Aviation Administration said Thursday that the winter storm was bringing blizzard conditions to the Midwest with major travel disruptions expected in Chicago, Detroit and Minneapolis-St. Paul. More than 1,830 U.S. flights had been canceled Thursday and another 900 flights for Friday were scrapped, according to flight tracking website FlightAware. Last year's holiday period was marred by an outbreak of COVID-19 among staff that forced airlines to cancel thousands of flights.

While travel demand is roaring back, many hotels, airlines, cruise operators and airports are still racing to hire and train workers. That means the level of customer service will likely take a hit, industry experts say. One potential bright spot can be found at sea: During the summer, several cruise lines had to cancel voyages due to staffing shortages, but major disruptions have been largely resolved. “It’s highly unlikely your holiday cruise will be canceled due to lack of staffing,” said Colleen McDaniel, editor-in-chief of Cruise Critic, a Tripadvisor-run travel site. “This year, I moved my annual holiday travel to earlier in December,” said Abby Rhinehart, an educational researcher in Tucson, Arizona.

☆ Delta Air Lines to Roll Out Free Wi-Fi
▼ + stars: | 2022-12-20 | by ( Alison Sider | Andrew Tangel | ) www.wsj.com time to read: 1 min

Delta said it is in the process of testing Wi-Fi infrastructure, with ‘various offerings to select customers on select routes.’Delta Air Lines Inc. is expected to begin rolling out free wireless internet for its passengers as soon as early 2023, people familiar with the matter said. The Atlanta-based carrier is initially expected to offer free Wi-Fi on a significant portion of its airplanes before turning on the service on more of its fleet through next year, some of these people said. The move is likely to intensify competition over in-flight offerings as airlines rebound from the pandemic.

☆ A weak economy will test consumers' wanderlust, but these stocks could prove resilient in 2023
▼ + stars: | 2022-12-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

The U.S. Travel Association anticipates domestic leisure travel demand will hold up, although growth may be a bit slower in 2023. The stock has an average analyst rating of buy and 47% upside to the average price target, according to FactSet. Marriott has an average analyst rating of overweight and 13.5% upside to the average analyst price target, per FactSet. Norwegian has an average analyst rating of overweight and nearly 27% upside to the average analyst price target, while Royal Caribbean has an average analyst rating of overweight and about 24% upside to its average price target. However, Carnival has an average analyst rating of hold and 24% upside to the average price target.

☆ Flight delays and cancellations will likely impact millions of Christmas travelers. What to do when your airline experiences disruptions.
▼ + stars: | 2022-12-20 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

The National Weather Service has warned of a strong winter storm expected to affect holiday travel. But, some airlines offer to rebook on their website or mobile app and waive any fees, so it's sometimes easier to make changes online than in person. Carriers offering both are Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, and United Airlines, according to the DoT dashboard. It never hurts to request a meal or hotel during flight disruptions, and you might get lucky with a goodwill gesture from the carrier. For example, in the case of a winter storm, it's likely many passengers will end up stranded in random cities across the US.

☆ Delta Air Lines named top 2023 pick at Raymond James
▼ + stars: | 2022-12-19 | by ( Scott Wapner | ) 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 EmailDelta Air Lines named top 2023 pick at Raymond JamesThe "Halftime Report" traders debate the biggest analyst calls of the day.

☆ American Airlines is dropping regional carrier Mesa, citing financial and operational problems
▼ + stars: | 2022-12-17 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

American Airlines is dropping Mesa Air , citing concerns about its partner's financial and operational problems, an enormous blow to the regional airline that was struggling with increasing costs and the industry's pilot shortage. "American and Mesa agree the best way to address these concerns is to wind down our agreement." Large carriers like American, United Airlines and Delta Air Lines routinely contract regional airlines to fly many shorter routes and they account for roughly half of departures, though that number varies by airline. American plans to concentrate its flying with its wholly owned regional subsidiaries like Envoy and PSA, as well as an independent regional carrier SkyWest . The final Mesa flight for American will be on April 3 though American is slashing Mesa flights in March, Kerr said in his note.

☆ Airlines can price climate change into your plane ticket. There are reasons to not buy it
▼ + stars: | 2022-12-17 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +11 min

United Airlines , for example, has committed to net zero carbon by 2050 without any contribution from traditional carbon offsets. Southwest Airlines ' "Wanna offset carbon?" Consumer psychology and the environmentIt's not just about the dollar amount of the carbon offset purchase in the consumer psychology. If airline travelers want to stay environmentally conscious without paying carbon offset fees, Keyes recommends choosing cheaper airlines when traveling. "It's true that we all have a part to play in reducing carbon emissions.

☆ Goldman Sachs resumes coverage of Delta Air Lines with a buy rating, sees 20% upside in 2023
▼ + stars: | 2022-12-16 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Delta Air Lines is a solid pick in the air travel industry, according to Goldman Sachs. The firm resumed coverage of the air carrier with a buy rating and 12-month price target of $40. Recovering end-market exposure One of the reasons for Goldman's positive rating is that Delta is still seeing recovery in certain end markets post-pandemic. In 2023, she expects corporate and international travel to continue to improve as restrictions drop in major markets such as the U.S. and UK midyear. Lastly, Delta has a stronger balance sheet than the industry overall, especially compared to its big airline peers.

☆ Growth is hard to come by in the stock market these days. Here’s where to find it
▼ + stars: | 2022-12-16 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

That is below the trailing 10-year average annual earnings growth rate of 8.5%. T-Mobile has the highest expected earnings growth for next year, coming in at 232%. Shares gained more than 20% so far this year and have 25.7% upside to the average price target, per FactSet. Live Nation Entertainment, meanwhile, has an expected earnings growth of nearly 50% in 2023. The bank has an expected 20.8% earnings growth for next year and nearly 21% upside to the average analyst price target.

In this guide, we'll give you a crash course on how to quickly earn credit card rewards and book free travel. If everyone in the world expertly utilized credit card rewards to travel for free, there wouldn't be such amazing travel opportunities out there. Identify your travel goalsBefore you begin collecting credit card rewards, you should first identify your travel goals. Recommended credit card strategies for beginnersThe best practice for anyone new to credit card rewards is to invest in flexible points. You'll need: An annual fee-incurring Hilton credit card One of the greatest deals in credit card rewards is the free night certificate that comes with select American Express Hilton credit cards.

☆ Jim Cramer's top 10 things to watch in the market Friday: More selling, Estee Lauder, Meta Platforms
▼ + stars: | 2022-12-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Atlantic Equities expects growth at Club holding Estee Lauder (EL) to reaccelerate as China relaxes Covid restrictions. JPMorgan names AbbVie (ABBV) and Club holding Eli Lilly (LLY) as best in class and top picks in biopharma for 2023. Club holding Apple (AAPL) named a top tech pick at Evercore ISI. Barclays raises price target on General Electric (GE) to $96 per share from $92 ahead of the health-care spin-off. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ American Airlines will make it harder to earn frequent flyer status next year in loyalty program shakeup
▼ + stars: | 2022-12-15 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Members of American Airlines ' loyalty program will have to spend more to earn elite status next year, part of a slew of changes that the carrier announced Thursday. Starting in March, AAdvantage members will need to earn 40,000 so-called Loyalty Points to earn Gold status, up from 30,000 in the current earning year. Airlines allowed loyalty program members to hold on to their elite statuses during the pandemic when travel demand dried up. The programs were a lifeline for airlines during the Covid-19 crisis since carriers make money when travelers earn miles through rewards credit cards. For example, after AAdvantage members earn 15,000 Loyalty Points, they will be allowed to board in Group 5 for one earning year.

☆ Where Walmart CEO Doug McMillon expects inflation to stick around into 2023
▼ + stars: | 2022-12-15 | by ( Frank Holland | In | ) www.cnbc.com time to read: +3 min

Retail sales slumped on Thursday even though the latest data on consumer prices earlier this week showed a cooling. Grocery sales, responsible for 56% of Walmart's revenue, is a key inflation read for the McMillon and company. McMillon's comments came after November CPI report that showed consumer prices rose 7.1% year over year, which was below estimates, but before the retail sales decline posted on Thursday. "But dry groceries, consumables is where we're seeing the most stubborn and persistent inflation, mid double-digit inflation. McMillon said Walmart is continuing to look for new technology to maintain inventory and increase the speed of its e-commerce business.

☆ Stocks making the biggest moves midday: Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more
▼ + stars: | 2022-12-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Netflix — Netflix tumbled more than 9% following a report from Digiday that said the streaming stock's early-stage advertising business is missing viewership targets. Verizon , AT&T — The communication technology stock added 1% after Morgan Stanely upgraded it to overweight from equal weight, saying its shares were attractive compared with historical levels. AT&T shares fell more than 2% following a separate downgrade from Morgan Stanley that cited the stock's recent outperformance. Madison Square Garden Entertainment — Shares rose more than 2% after Morgan Stanley upgraded the stock to equal weight from underweight. Lockheed Martin — Shares dropped 1.5% after Morgan Stanley downgraded the stock from overweight to equal weight, saying its outperformance should somewhat cool in 2023.

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