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Nearly free travel is possible with credit card rewardsBefore collecting credit card rewards, identify your travel goals. If you're interested in cash back, you should be using cash-back credit cards instead of travel credit cards. Award travel frequently asked questionsHow can I find the best redemption options for my points and miles? Can I book award travel for someone else using my points or miles? You can also use deal-tracking apps and award search websites to set up alerts when award travel availability opens up.
Persons: We'll, It's, overspend, you've, you'll, Wells, Here's, you'd, there's, availabilities Organizations: Hilton, British Airways, Air, Airlines, American Airlines, Alaska Airlines British Airways Cape Air Cathay Pacific Etihad Airways Fiji Airways Finnair, Airlines Iberia Japan Airlines JetBlue Malaysia Airlines Qantas Airways Qatar Airways Royal Air Maroc Royal Jordanian Airlines Silver Airways SriLankan Airlines, American, Hyatt, Citi, Capital, Chase Travel, Citi Travel Portal, United Airlines, Booking Locations: Marriott, Air Canada, Air Tahiti, Chicago, Venice, United, Chevron
The information for the following product(s) has been collected independently by Business Insider: Citi Strata Premier℠ Card, Citi Prestige® Card, Citi Rewards+® Card, Citi® Double Cash Card, Citi Custom Cash℠ Card, AT&T Points Plus® Card. Good Citi Airline Transfer PartnersSome Citi airline transfer partners can provide decent value, but only in certain situations. Citi Airline Transfer Partners That Aren't Great ValueThe rest of the Citi ThankYou airline transfer partners are generally not worth considering, except for extremely niche redemptions. Otherwise, with the Citi Rewards+® Card, Citi ThankYou® Preferred Card, and Citi® Double Cash Card, the ratio is 5:4 (1,000 Citi ThankYou points = 800 Wyndham points). Other Rewards ProgramsIn addition to airline and hotel transfer partners, Citi ThankYou has one retail transfer partner.
Persons: Wyndham, Hilton, Lifemiles, Avianca, Eva, it's, It's, Accor, you'll, Howard Johnson, Travelodge —, you've, nonrefundable — Organizations: Business Insider, Citi, Premier, Card, Citi Prestige, Wyndham Rewards, JetBlue, Air France, KLM, Singapore Airlines, Cathay Pacific, Citi Transfer, Citi Strata Premier, Citi Prestige ®, Partners, Turkish Airlines Miles, Turkish, Star Alliance, Miles, United Airlines, United, Blue Air France, Singapore Airlines KrisFlyer Singapore Airlines, Air, Lufthansa, Alaska Airlines, KrisFlyer, Virgin Atlantic Flying, Virgin, Delta, Flying, Ethiopian Airlines, Good Citi, Transfer Partners, Etihad Guest Etihad, Czech Airways, Etihad, Royal Air Maroc, Cathay, Cathay Pacific Asia Miles Cathay, Oneworld, American Airlines, British Airways, Qantas Frequent Flyer, Qantas, Transfer, Aeromexico, Premier Aeromexico, Emirates Skywards, Emirates, Qatar Airways Privilege, Gulf, American, Qatar Airways . Thai Airways Royal Orchid Plus Thai Airways, Raffles, Citi Premier, Prestige, Choice, Comfort, Radisson Hotels, Radisson, Wyndham, Vacasa, Sears, CitiTravel.com, EV, Aeromexico Club Premier Air France, Cathay Pacific Asia, JetBlue TrueBlue Qantas Frequent Flyer Qatar Airways Privilege Club Singapore Airlines KrisFlyer Thai Airways Royal Orchid Plus Turkish Airlines Miles, Smiles, Atlantic Flying Club Wyndham Rewards, Locations: Hawaii, Europe, Air Canada, Singapore, Delta, Prague, Seoul, New York, JFK, Casablanca, Cathay Pacific Asia, Los Angeles, Hong Kong, Cathay Pacific, Emirates, Qatar, Fairmont, Sofitel, Clarion , Cambria, Canada, Caribbean, America, Chevron
Introduction to yearly resetting credit card benefitsTravel rewards credit cards come with all kinds of benefits. The Southwest Rapid Rewards® Premier Credit Card ,Chase Southwest Rapid Rewards® Priority Credit Card, and Southwest® Rapid Rewards® Performance Business Credit Card all earn Tier Qualification Points (TQPs) toward elite status based on spending. Credit card referral bonusesSome credit card issuers reward you with bonuses for referring friends to apply for your specific card or another one from the same bank. Several credit card rewards apps and websites help cardholders track and utilize credit card benefits on time, with varying degrees of success. Credit card annual benefits frequently asked questionsWhat are some common credit card benefits that reset each year?
Persons: Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, cardholders, you've, There's, Chase, hasn't, Overspending, it's Organizations: Business, Hilton, Citi ®, Mastercard, JetBlue, Rapid Rewards, Marriott, Express, American Express, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, TSA, Global, Saks Fifth, Resorts, Hilton Honors, Chase, Dell, Adobe, DC, U.S, Milk Bar, Electronics, Amex Travel, Citi, American Airlines, Rewards, Rapid, Card, Hyatt Credit, Hilton Honors American, Silver Locations: Hulu, U.S
Our comprehensive guide explores the best ways to redeem credit card points without traveling. This guide will help you understand why and when to consider doing so, and the most innovative uses for credit card rewards beyond flights and hotels. Our guide to the most popular travel rewards credit cards can help you make sense of each loyalty program and its reward "currency", while our guide to the best credit card rewards apps help you track how many points you have, and when they will expire. Credit card rewards can have somewhat complicated tax implications, especially if you choose cash-back rewards instead of for products, services, or experiences. Use credit card rewards for Amazon purchasesMany major credit card issuers including American Express, Capital One, and Chase let you use your rewards to pay for purchases on Amazon.
Persons: you've, Chase, cardholders, Mags, Miles, Taylor, Swifties, Miles4Migrants, Miles Citi Organizations: Business, Amazon Visa, Schwab, American Express, IRS, Visa, Mastercard, Amazon, American, Capital One Entertainment, Foundation, United, JetBlue, United Airlines MileagePlus Air, Alaska Airlines, Air France – KLM, Blue, Delta, Lufthansa Miles Locations: Olive, Alaska, Delta, United Airlines MileagePlus Air Canada, Chevron
Chase Ultimate Rewards and American Express Membership Rewards are the most popular credit card reward programs. The Amex Platinum Card and Chase Sapphire Preferred earn points in two different programs — American Express Membership Rewards and Chase Ultimate Rewards®, respectively. American Express Membership Rewards OverviewThis brings us to the American Express Membership Rewards program, which is similar to the Chase Ultimate Rewards with a few key differences. The American Express Membership Rewards program includes the following transfer partners:Amex Membership Rewards Transfer Partners Aer Lingus: 1,000 points = 1,000 milesAeromexico: 1,000 points = 1,600 milesAir Canada: 1,000 points = 1,000 milesAir France-KLM Flying Blue: 1,000 points = 1,000 milesAlitalia: 1,000 points = 1,000 milesANA Mileage Club: 1,000 points = 1,000 milesAsia Miles: 1,000 points = 1,000 milesAvianca: 1,000 points = 1,000 milesBritish Airways: 1,000 points = 1,000 milesDelta SkyMiles: 1,000 points = 1,000 milesEl Al Israel: 1,000 points = 20 milesEmirates: 1,000 points = 1,000 milesEtihad Airways: 1,000 points = 1,000 milesHawaiian Airlines: 1,000 points = 1,000 milesIberia: 1,000 points = 1,000 milesJetBlue: 250 points = 200 milesQantas: 500 points = 500 milesSingapore Airlines: 1,000 points = 1,000 milesVirgin Atlantic: 1,000 points = 1,000 milesChoice Privileges: 1,000 points = 1,000 hotel pointsHilton Honors: 1,000 points = 2,000 hotel pointsMarriott Bonvoy: 1,000 points = 1,000 hotel pointsLike the Chase Ultimate Rewards program, American Express Membership Rewards offers the most bang for your buck when you transfer points to airline and hotel partners. Choosing Between Chase Points and Amex PointsIf you can't decide between Chase Ultimate Rewards and American Express Membership Rewards, there are some serious questions you should be asking yourself.
Persons: Chase, you'll, You've, Holly Johnson, Amex, You'll, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash Organizations: Business, Read, American Express, Chase, Sapphire, Chase Sapphire Reserve, Freedom, Apple, Chase Sapphire, Aer Lingus British Airways Emirates Air France, KLM, Blue, JetBlue Singapore Airlines, Southwest Airlines United, Virgin, Hyatt, Chase Travel, Hotel, FDIC, American, Aer Lingus, Air, Air France, Alitalia, British Airways, El, Emirates, Etihad Airways, Hawaiian Airlines, JetBlue, Qantas, Singapore Airlines, Marriott, airfare, Express, Hilton, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Southwest Rapid, Delta Air Lines Locations: U.S, airfare, Air Canada, Asia Miles, El Al Israel, Iberia, Hulu, United
Introduction to credit card applicationsWhen applying for a new credit card, you want to do everything in your power to increase your odds of being approved. Common credit card application rulesThere are many reasons why you might not be approved for a credit card. Age and income requirementsMost credit card companies will not issue a credit card to an individual under the age of 18, although some issuers allow parents or legal guardians to add a child as a credit card authorized user. Having a strong credit score and history can help you qualify for the best travel rewards credit cards and small business credit cards. Credit card issuers require a minimum income level for approval to ensure applicants have the means to repay their credit card debt.
Persons: CitiBusiness, Wells, You'll, Chase, you've, you'll, I'm Organizations: Business Insider, Alaska Airlines, JetBlue, Card, Citi Prestige, Citi Strata Premier, Mastercard, American Express, Bank of America Bank of America, Bank of America, Barclays Barclays doesn't, Barclays, Chase, American, Citi, Premier, Citi Rewards, Citi Prestige ®, American Airlines, Airlines, . Bank U.S . Bank, U.S, Bank Locations: Wells Fargo Wells Fargo, Wells, Wells Fargo, Chevron
The Q3 2024 bonus categories are gas and EV charging, movies, and ticketed live entertainment events such as concerts and shows. That's why you can think of the Chase Freedom Flex® and Chase Freedom® bonus categories as earning you either 5% back or 5x points. Q3 2024: Chase Freedom Flex® and legacy Chase Freedom® cardholders can activate bonus categories online or through their Chase account until September 14, 2024. Points earned on the Chase Freedom Flex® and the Chase Freedom® can be transferred to certain travel credit cards for significantly higher value. In Q3 2024, the bonus categories are gas and EV charging, movies, and live entertainment.
Persons: cardholders, Chase, takeout, you’ve, Cash, you've Organizations: Business, Citi, Citi Strata Premier, Card, Citi Prestige, EV, Walmart, Freedom, Chase, Chase Travel, PayPal, Foods, Gas, Amazon, Target, Wholesale, eBay, Cable, Department, Chase Travel ℠, Sapphire, United, Hyatt, Marriott, Discover, Restaurants, Citi Prestige ®, JetBlue, Singapore Airlines, Chase Credit, FDIC Locations: United Airlines, drugstores, Chevron
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines said Tuesday it would post a wider-than-expected loss for the last quarter because of revenue that came in short of its expectations. Spirit expects to report an adjusted loss of between $160 million and $173 million for the three months ended June 30, compared with a previous estimate for a loss of no more than $145 million. Spirit said non-ticket revenue, which accounts for the myriad fees long associated with its rock-bottom fares, came in "several dollars lower than anticipated" per passenger. "As the Company progresses on its transformation strategy, it anticipates that over time it will be able to drive improvement in total revenue per passenger segment," Spirit said.
Persons: Whitney Organizations: Spirit Airlines, Austin, Bergstrom International Airport, Frontier Airlines, Pratt, JetBlue Airways Locations: Austin , Texas, U.S
To evaluate each state's infrastructure, our Top States study considers not just roads, bridges, ports and airports. The state broadband office notes that it is the nation's ninth-largest allocation per capita. The state's power grid is among America's least reliable, according to U.S. Department of Energy data. The severe weather means power outages are frequent as well. Since then, the power outages have persisted, making Maine's grid among the worst in the nation.
Persons: Pete Buttigieg, Seth Martindale, Rusty, Dan Koeck, Doug Burgum, Biden, Mark Miller, Suzanne Kreiter, Jim Justice, Senators Joe Manchin, Shelley Moore Capito, Mississippi Brenda Gavin, Elnora Ross, Michael Democker, Robert Gauthier, We're, Lauren Owens Lambert, Logan —, stoplights, Brianna Soukup, Lance King Organizations: Companies, Business, CNBC, Infrastructure Law, Arkansas Turrell, Arkansas Broadband Office, Law, Arkansas Economic Development Corporation, North Dakota, Washington Post, Peace Garden State, U.S . Department of Energy, Power Company, Dakota Utilities, Montana Bison, Getty, Industrial, Rte, Boston Globe, Census, U.S . Department of Transportation, West Virginia, Gov, U.S, Senators, West Virginia Coal Association, Justice, Manchin, Virginia Economic, First Street Foundation, Hawaii, Los Angeles Times, Afp, Boston Regional Airport, Spirit Airlines, Orlando, Logan, JetBlue, White Mountain Cable, Portland Press, Portland Press Herald, Central Maine Power, Power, Energy Department, Maine Locations: States, Arkansas, Arkansas Turrell Arkansas, Turrell Arkansas, Underwood, Peace, North Dakota, Minnesota, Dakota, Buffalo, Yellowstone, Montana, Massachusetts, Canton, Bay State, Boston, Kanawha, Poca, West Virginia, Winfield, Putnam County, Mountain State, Virginia, Mississippi, Louin , Mississippi, Gulf, BroadbandNow, Lahaina , Hawaii, Maui, Lahaina, Western Maui, Hampshire, Hampton , New Hampshire, Manchester, New Hampshire, New England, Maine, Epsom , New Hampshire, Brighton, Woodford Street, Portland, Alaska, Dalton, Coldfoot , Alaska
A JetBlue passenger is suing the airline for $1.5 million. She says she was scalded by hot tea that was served during turbulence. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA JetBlue passenger who says she was scalded by hot tea is suing the airline for $1.5 million, according to court documents filed last Friday. Tahjana Lewis was flying from Orlando to Hartford, Connecticut on May 15 when the plane encountered turbulence, the complaint says.
Persons: , Tahjana Lewis Organizations: JetBlue, Service, Business Locations: Orlando, Hartford , Connecticut
Scott Olson | Getty ImagesRecord summer air travel demand isn't translating to record U.S. airline profits. Some airlines have forecast record demand, and in some cases, revenue. American Airlines on May 28 cut its second-quarter revenue and profit forecasts and announced its chief commercial officer was leaving after a sales strategy backfired. "The domestic supply and demand imbalance has led to a weaker domestic pricing environment than we had forecast," American Airlines CEO Robert Isom said at a Bernstein industry conference the next day. Travelers at New York's LaGuardia Airport Leslie Josephs/CNBCSouthwest Airlines cut its second-quarter forecast in late June, citing shifting demand patterns.
Persons: Scott Olson, sprees, Raymond James, Savanthi Syth, Scott Group, Hopper, Airfare, Robert Isom, Leslie Josephs, Bob Jordan, Pratt, Ted Christie Organizations: O'Hare, Getty, Airbus, Boeing, Pratt & Whitney, NYSE Arca, Paris, Investors, Delta Air Lines, Analysts, Delta, American Express, United Airlines, Alaska Airlines, Wolfe Research, Scott, theTransportation Security Administration, Airlines, Airline, Aircraft, U.S, American Airlines, CNBC Southwest Airlines, Elliott Investment Management, Politico, JetBlue Airways, Frontier Airlines, JetBlue, Spirit Airlines Locations: Chicago, Delta, Alaska, U.S, Europe, New, Dallas
With nothing commercial to show from Boeing, which usually has its 777X and Max test jets on display, all eyes will be on European rival Airbus. AdvertisementThe XLR plane is the longest-ranged option in the A321neo family, which has outsold Boeing's 737 since 2019, when two fatal crashes grounded the plane's Max variants. According to Airbus, the XLR is uniquely equipped for long-haul flying, thanks to an extra rear center fuel tank that helps the narrowbody fly up to 5,400 miles (11 hours) nonstop. AdvertisementThe premium seating offers lie-flat beds typical to what customers find on long-haul widebody flights, and is likely to be the norm on long-haul XLRs. "Even well-established city pairs such as London-Miami or Sydney-Kuala Lumpur will benefit from the year-round sweet spot the XLR offers airlines," Airbus marketing specialist Ludek Jando said in September 2023.
Persons: , Taylor Rains, Max, American's, Jason Reisinger, Andrew Nocella, Willy Boulte, Barry Biffle, Ludek Jando Organizations: Service, Alaska Airlines, Max, Farnborough, Business, Boeing, Airbus, American Airlines , Frontier Airlines, JetBlue Airways, United Airlines, Qantas, AirAsia X, Sky Airline, Czech Airlines, Air Canada, Airlines, JetBlue, Spanish, Washington Dulles, American Airlines, Frontier Locations: Alaska, Iberia, Malaysian, Chile, East Coast, Europe, Madrid, Boston, Washington, Dulles, Raleigh , North Carolina, London, Charlotte, New York, Asia, Beijing, Seoul, Amsterdam, South America, Hawaii, Miami, Sydney, Kuala Lumpur
Expensive fuel, maintenance, and labor don't help, nor do unpredictable setbacks outside the airline's control, like pandemic travel bans and production slowdowns at planemaker Boeing. But across the industry, many airlines are struggling to turn profits thanks to issues like overcapacity, unrelenting competition, and unexpectedly high costs, according to experts. Boeing delivery delays have eaten into profitsHarteveldt said Boeing's ongoing delivery delays have cost airlines like American, Southwest, and United millions of dollars. Airlines are plagued by high costs in an extremely competitive industryNearly everything is more expensive than it was before the pandemic, and airlines are no exception. For low-cost carriers like Frontier and Spirit, these high costs make it challenging to make money, Kraemer said.
Persons: , Henry Harteveldt, Scott Olson, Robert Isom, Bob Jordan, Harry Kraemer, Kraemer, You've, you've, Harteveldt, Joe Raedle, they've, Stephen Brashear, Eric Glenn, Shutterstock Harteveldt Organizations: Service, planemaker Boeing, Business, International Air Transport Association, , Airlines, Getty, Reuters, Southwest, Elliott Investment Management, Baxter International, Corporations, Google, Spirit, Frontier, Boeing, JetBlue Airways, Airbus, Bureau of Labor Statistics Locations: Delta, United
Rival United Airlines — second to Delta in net profit margins — is circling. Delta plans to open Delta One lounges in Boston and Los Angeles later this year, and is studying airports where it could open others. Like other airlines, Delta accepted billions in federal aid to weather the pandemic. Luxury air travel and the United States didn't go together for many years — and might not still, if you ask well-heeled globetrotters. And at Delta and other airlines, many of the perks for luxury flyers come through lounges.
Persons: Benoit Tessier, Ed Bastian's, Bastian, Ed Bastian, John F, Raymond James, Savanthi Syth, Andrew Nocella, Patrick Quayle, Quayle, Richard Anderson, Anderson, Delta, Barack Obama's, They're, Shai Weiss, Claude Roussel, Joe Biden, United States didn't, Henry Harteveldt, Scott Kirby Organizations: Airbus, Delta Air Lines, Reuters Delta Air Lines, Transportation Department, Rival United Airlines —, CNBC, Delta Air Lines Inc, Bloomberg, Getty, American Express, Kennedy International Airport, United, Boeing, U.S, Labor, Southwest Airlines, U.S ., JetBlue Airways, Delta, Corporate, Northwest Airlines, Endeavor, Virgin, American, Sky Club, New, LaGuardia, Etihad Airways, Singapore Airlines, Atmosphere Research, Airlines, Sky Clubs, Los Angeles International Airport, JFK, American Airlines, JPMorgan, Consumer Electronics, Starbucks Locations: punctuality, New York, Delta, Chicago, Boston, Los Angeles, Dubrovnik, Croatia, Amman, Jordan, Cape Town , South Africa, Atlanta, U.S, Queens, N.Y, United, Tokyo, York, United States, Las Vegas
Travel website The Points Guy published its annual list of the 10 best airlines in the US on Wednesday. Markus Mainka/Shutterstock2022 Rank: 6Best areas: Involuntary bumpsWorst areas: Route networkAdvertisement6. HUM Images/Universal Images Group via Getty Images2022 Rank: 5AdvertisementBest areas: Bags and change feesWorst areas: Lounges4. CHARLY TRIBALLEAU/AFP via Getty Images2022 Rank: 4Best areas: Route network, award availability (flights that can be booked with points or miles)AdvertisementWorst areas: Mishandled baggage and affordability3. Getty Images2022 Rank: 1AdvertisementBest areas: Timeliness and involuntary bumpsWorst areas: Affordability
Persons: , Guy, Power, Allegiant, Here's, Elizabeth Page Brumley, Joe Cavaretta, Tom Williams, Markus Mainka, Robert Alexander, CHARLY TRIBALLEAU, Nicolas Economou, Mario Tama Organizations: Service, Business, Delta Air Lines, Alaska Airlines, United Airlines, Delta, Wall Street, TPG, Allegiant Air, Frontier Airlines, Spirit Airlines, Frontier, American Airlines, Southwest Airlines, JetBlue Airways, Hawaiian Airlines, Department of Transportation, Frontier Airlines Frontier Airlines, Las Vegas, Tribune, Getty, South Florida Sun Sentinel, Air Allegiant, US, JetBlue Airways JetBlue, Southwest Airlines Southwest, American Airlines American, United Airlines United, Delta Air Lines Delta Air Lines Locations: Delta, South, Hawaii, Pacific, Asia, US West Coast, AFP, Alaska
Joey Hadden/Business InsiderBrown estimates she's been to more than 90 countries and flies 100,000 miles a year on average. Joey Hadden/Business InsiderFor example, during peak travel seasons like summer, she arrives at the airport three hours before boarding time. Think of the airport as a mallInside an airport terminal in Denver. People walk through a slew of shops and restaurants in an airport terminal. Joey Hadden/Business InsiderPeople-watch to pass the timeOn her long terminal walks, Brown said she loves to people-watch.
Persons: , Samantha Brown, Brown, Samantha Brown's, Klarna, Joey Hadden, she's, I've, John Greim Organizations: Service, Business, PBS, TSA, JFK Locations: Cambodia, JetBlue's, Denver, Manhattan, NYC
Delta Air Lines said Monday that it will bring its premium economy service to transcontinental flights in September, its latest attempt to boost sales of higher-priced tickets to customers willing to splurge for more space and perks. Premium economy is a relatively new class of service that major airlines offer on longer, mostly international flights. Delta customers who purchase standard economy tickets will be able to pay for upgrades to premium economy on the transcontinental flights. The seats were sold as extra legroom tickets, which are a rung below premium economy. Some American Airlines ' shorter domestic flights operate a similar model, featuring lie-flat seats but not the Flagship service offered on international flights.
Persons: John F Organizations: Boeing, Delta Air Lines, JFK International, Delta, JetBlue Airways, Southwest Airlines, Kennedy International Airport, Medallion, American Airlines, Flagship Locations: Dublin, New York, Manhattan, Los Angeles, New
But if you ask some Americans, airfares have gotten out of control in recent years. Keyes said international inflation-adjusted airfares for US passengers have also generally fallen over the past decade. To be sure, any frustrations about airfare prices haven't stopped many Americans from flying. "The decline in inflation-adjusted airfares appears to be uncorrelated with the financial performance of the 'big three' airlines," Tan said. AdvertisementIt's also possible that after airfare prices plummeted due to the pandemic, 2022's swift rise in airfares caught Americans off guard.
Persons: , airfares, Scott Keyes, Mike Daher, It's, Keyes, Biden, Kerry Tan, they've, haven't, Tan, ​ Tan, there's, airfare, Hayley Berg, Hopper's, NerdWallet Organizations: Service, Bureau of Transportation Statistics, Business, Deloitte, Gallup, JetBlue, Spirit Airlines, Department of Transportation, TSA, Loyola University Maryland, Delta, of Transportation, Airlines for America, Southwest, Spirit, United, Biden Administration, The Airlines Locations: United, America
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines CEO Ted Christie said Friday that the budget airline isn't considering a Chapter 11 bankruptcy filing and is "encouraged" by its plan after a failed takeover by JetBlue Airways . Earlier this year, a federal judge blocked JetBlue's planned takeover of Spirit on antitrust grounds, raising concerns on Wall Street about the money-losing airline's ability to address its debt. "We are proudly executing to our plan as we've exited the merger agreement with JetBlue and are encouraged by the initial results of our stand-alone plan," Christie said at an annual shareholder meeting on Friday. S&P Global Ratings on Wednesday downgraded Spirit, raising questions about its ability to refinance.
Persons: Ted Christie, Spirit, we've, Christie Organizations: Spirit Airlines, Austin, Bergstrom International Airport, JetBlue Airways, Pratt & Whitney, Airbus, JetBlue, Hertz Locations: Austin , Texas, Thursday's
The single seats are equipped with a sliding door for privacy. I was lucky enough to secure a single seat, which is often referred to as a "throne" seat. They tend to book up fast, but these single seats are by far the best choice in the cabin. The best part is that throne seats cost the same as other business-class seats. This was the first time I was able to fly in a single seat, and it truly elevated the experience.
Persons: Jacqueline Dole
Stock futures were little changed Tuesday night after the Nasdaq Composite rose to a fresh record. S&P 500 futures ticked down 0.06%, while Nasdaq 100 futures hovered near the flatline. The tech-heavy index was an outlier, however, as the S&P 500 edged higher by just 0.02%, and the 30-stock Dow slid nearly 0.6%, dragged lower by a decline in Merck shares. The S&P 500 is up 5.4% this month, while the Dow has advanced 2.7%. Indeed, fed funds futures trading data suggests a nearly 54% chance that rates will hold steady in September, according to the CME FedWatch Tool.
Persons: Dow, Tom Lee Organizations: Nasdaq, Dow Jones, . American Airlines, JetBlue, Southwest Airlines, Nvidia, Merck, Dow, Federal, Fundstrat Global Advisors
I was on JetBlue's inaugural flight from New York City to Edinburgh. I spent the six-hour trip in its business class "apartment," called the "Mint Studio." The front row of business class, the Mint Studio is JetBlue's most spacious option, with prices from around $4,000. Business Insider paid a press rate of $1,300, including a return flight in the airline's "Even More Space" economy section. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, JetBlue, Mint, Business Locations: New York City, Edinburgh, Scotland
6 Podcasts About the Joys and Terrors of Air Travel
  + stars: | 2024-05-25 | by ( Emma Dibdin | ) www.nytimes.com   time to read: +3 min
It’s a nerve-racking time to be a frequent flier in the United States. Despite this, air travel statistically remains the safest form of mass transit in the United States, and it’s worth keeping the risks in perspective. Some of these podcasts do just that by exploring the true stories of air disasters (and why they are so rare), while others are love letters to life in the skies, hosted by proud aviation geeks who have travel tips, airport reviews and nostalgic industry history to share. Billed as “a true crime podcast in the air,” this series ended production last summer but has a back catalog of 150 episodes, each focusing on a different air disaster in meticulous detail. Both hosts are also regular air travelers, and they share packing tips, review specific aircrafts and airlines and reflect on how travel has changed throughout these recent, turbulent years.
Persons: overscheduling, Chesley “ Sully ” Sullenberger, Gustavo Sorola, Chris Demarais, you’ve, Doug, Drew Organizations: Boeing, Justice Department, New York Times, US Airways, Max, JetBlue, Spirit Locations: United States, Hudson
Whether today's activist investors contribute any genuine economic value is open for debate. As this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and power? These self-styled "activist investors" are distinct from the original activists who helped catalyze needed governance reforms two decades back. Many of today's activist investors are a far cry from the original, heroic crusaders for shareholder value who pioneered the activism space decades ago. However, given the failing financial performance of many of today's activist investors, their losing streak in proxy fights and increasing public rejection of their bullying tactics, the credibility and value of activist investors writ large is increasingly imperiled.
Persons: Nelson Peltz's, Ed Garden, Ralph Whitworth, John Biggs of TIAA, John Bogle of, Ira Millstein, Weil, Nell Minow, Bob Monks, Harvard's Stephen Davis, Carl Icahn's, Aubrey McClendon, , Bill Cohan, Jamie Dimon, Glass Lewis, resoundingly, Mason Morfit's ValueAct, Jeffrey Sonnenfeld, Lester, Steven Tian Organizations: CNBC, Salesforce, Dow Jones, Disney, Norfolk Southern, Relational Investors, John Bogle of Vanguard, Services, Chesapeake, Norfolk, JetBlue, Elanco, of Institutional Investors, United Shareholders Association, Responsibility Research, ISS, Lester Crown, Management, Yale University, Yale's, Institute Locations: Norfolk Southern, greenmailers, America
JetBlue Airways said Wednesday that it is seeking U.S. Department of Transportation approval to pair up with British Airways so the airlines could each expand their networks. The code-sharing agreement includes 75 destinations in the United States — 39 from New York and 36 from Boston — and 17 cities in Europe. Airlines frequently turn to code-sharing agreements, which allow carries to sell seats on airline partner's flights, to grow in regions outside their network. American Airlines also has a more than decade-old joint venture with British Airways across the Atlantic that is more involved than a code-sharing agreement. JetBlue's request for an agreement with British Airways comes a year after a federal judge struck down JetBlue's partnership with American in the U.S Northeast, which sought to allow the carriers to coordinate schedules and routes.
Persons: British Airways didn't Organizations: JetBlue Airbus A321neo, AMS EHAM, JetBlue Airways, U.S, Department of, British Airways, Boston —, Airlines, American Airlines, JetBlue, United, Delta Air Lines, Paxex Aero, U.S . American, American Locations: Amsterdam, Netherlands, United States, New York, Europe, Paris, Dublin, Edinburgh, U.S
Total: 25