Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a Crowdstrike IT problem combine to affect users on July 19, 2024 in Bangkok, Thailand. Mailee Osten-tan | Getty Images News | Getty Images Several airlines halted flights on Friday, while others warned of delays and … Read more
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max … Read more
Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines have forecast record demand, and in some cases, revenue. But higher … Read more
Travelers walk with their luggage outside the international terminal at Los Angeles International Airport (LAX) ahead of the July 4th holiday travel period on June 25, 2024 in Los Angeles, California. Mario Tama | Getty Images Summer air travel is expected to soar in the United States. The Transportation Security Administration screened a high of … Read more
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s unit revenue, the amount it brings in for every seat it flies one mile, outpaced its competitors’ last … Read more
The bar at the Delta One lounge at New York’s John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines’ most exclusive airport lounge opens this week to travelers flying on the right ticket. The Delta One lounge at the carrier’s hub in John F. Kennedy International Airport will open Wednesday to customers … Read more
An Alaska Airlines Boeing 737-9 MAX sits at gate at O’Hare International Airport in Chicago, Illinois on May 22, 2024. Daniel Slim | AFP | Getty Images Alaska Airlines‘ flight attendants union said Friday that it reached a “record” tentative labor deal with the carrier, ending a drought of new contracts for cabin crews that … Read more
A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines said Monday that it will bring its premium economy service to transcontinental flights in … Read more
American Airlines flight attendants demonstrate outside the White House in Washington, May 9, 2024. Drew Angerer | AFP | Getty Images American Airlines CEO Robert Isom offered flight attendants immediate 17% wage increases on Wednesday as contract talks continue without a deal, bringing closer the prospect of a strike. The airline and the Association of … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market pressure : The major stock benchmarks were moving lower Wednesday, with the Dow getting the worst of it again. Adding pressure on equities, bond yields … Read more
