Upstart airlines Avelo, Breeze prepare for a profitable year

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick T. Fallon | AFP | Getty Images In the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to … Read more

The role of Starlink in limiting space debris

The upper stage of a Falcon 9 rocket deploys a stack of Starlink “V2 Mini” satellites in orbit. SpaceX CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the … Read more

Hawaiian Airlines debuts SpaceX Starlink free inflight Wi-Fi

A Hawaiian Airlines A321 aircraft with Starlink WiFi installed. Hawaiian Airlines Hawaiian Airlines is rolling out complimentary Wi-Fi via SpaceX’s Starlink on board commercial flights this week, the companies told CNBC, the first major U.S. airline to offer the satellite-based service. “SpaceX has really cracked the code – literally, in terms of the technology – … Read more

JetBlue-Spirit ruling doesn’t spell doom for Alaska-Hawaiian merger

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images President Joe Biden’s Justice Department has successfully had two airline linkups halted in court in recent months. That doesn’t necessarily spell … Read more

Alaska, Japan airline incidents highlight importance of safety demonstrations

A display showing the ‘fasten your seatbelt’ sign and the ‘no smoking’ sign illuminated on board an aircraft. Jeff Overs | BBC News & Current Affairs | Getty Images You trudge down the aisle to your seat. You double- and triple-check that you’ve arrived at the right row. You heave your luggage into the overhead … Read more

Jim Cramer’s top 10 things to watch in the stock market Monday

My top 10 things to watch Monday, Dec. 4 1. U.S. stocks are lower in premarket trading, with S & P 500 futures down 0.54%. The move comes after five-straight weeks of gains for equities — and here’s how I make sense of the tremendous rally we’ve seen. Meanwhile, bond yields pull back, with that … Read more

Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal

Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle in the second proposed airline merger in less than two years. Alaska would pay $18 a share for Hawaiian and would take on $900 million of its debt, the companies said Sunday. Shares of … Read more

Alaska-Hawaiian airline merger faces Justice Department scrutiny

An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Joshua Roberts | Reuters Alaska Air Group‘s executives spent months working on its plan to buy rival Hawaiian Airlines. The airlines’ leaders will now spend many more trying to convince regulators the acquisition … Read more