Delta Air Lines’ profit rose nearly 60% in the third quarter as strong travel demand continued through the summer, particularly for international trips, though the carrier forecast full-year earnings toward the low end of an earlier estimate after a jump in fuel prices. In its quarterly report Thursday, Delta said it expects adjusted, full-year earnings …
At Ben Gurion Airport, Israel’s only international airport, a sense of uncertainty has taken hold. The recent surprise attacks by Hamas and subsequent Israeli retaliation have left hundreds dead and thousands injured, leading several airlines to suspend their services to Israel. The United States has also been affected, with nine U.S. citizens reported killed. The …
Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona Airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines pilots recently ratified a new contract with substantial pay raises, with compensation increasing up to 40.2% over a four-year period. This agreement marks the last of the three largest U.S. …
Delta Air Lines Boeing 717-200 airplane as seen on the final approach landing at New York JFK John F. Kennedy International Airport, NYC, USA. NurPhoto / Contributor Delta Air Lines CEO Ed Bastian announced that the airline will be making “modifications” to its loyalty program in the next few weeks, following customer backlash over the …
Delta’s new SkyClub at John F. Kennedy International Airport in New York. Leslie Josephs/CNBC Delta Air Lines is implementing changes to the way customers earn elite frequent flyer status, making it more challenging for many American Express cardholders to access the carrier’s airport lounges. This decision reflects the evolving landscape of luxury air travel. Effective …
An American Airlines 787 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Numerous companies are cautioning that soaring fuel costs and increased employee wages will impact their profits this quarter. Companies spanning from aerospace manufacturers to package delivery leader UPS are grappling with significant labor agreements. Furthermore, unions representing workers from the automotive …
A member of the Mississippi National Guard receives a dose of the Moderna Covid-19 vaccine in his arm in Flowood, Mississippi. Rogelio V. Solis | AP Check out the companies making headlines before the bell. Moderna — Moderna shares surge over 3% in early trading following CDC’s updated recommendation of Covid vaccine boosters for all …
An American Airlines plane takes off above Spirit Airlines planes and other aircraft at Los Angeles International Airport (LAX) on June 1, 2023 in Los Angeles, California. Mario Tama | Getty Images American Airlines and Spirit Airlines on Wednesday joined other carriers in cautioning about potential profit challenges during the busy summer quarter. American Airlines …
David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012. David Paul Morris | Bloomberg | Getty Images Discover the latest trending companies during midday trading. Redwire — The space infrastructure stock skyrocketed by 14% on Wednesday after Roth …
When it comes to air travel, boarding the aircraft is often considered one of the most challenging and frustrating parts of the journey. Leslie Josephs, CNBC’s airline reporter, acknowledges this common sentiment among passengers. In the 1970s, Southwest Airlines had an impressive average turn time of just 10 minutes from gate arrival to departure. However, …