Empty middle seats, more legroom

Empty middle seats, more legroom

A Frontier Airlines plane lands at the McCarran International Airport in Las Vegas on Thursday, Feb. 27, 2020.  Elizabeth Page Brumley | Tribune News Service | Getty Images First class on Frontier? Not quite. But the budget airline on Tuesday launched a new add-on to get more room at the front of its tightly-packed planes … Read more

U.S. CEOs feel more upbeat on economy

U.S. CEOs feel more upbeat on economy

Workers look on ahead of remarks by US President Joe Biden, not pictured, at an Amtrak facility in New Castle County, Delaware, on November 6, 2023. Andrew Caballero-Reynolds | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

United to pause pilot hiring, citing Boeing’s delivery delays

United to pause pilot hiring, citing Boeing’s delivery delays

A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines will pause pilot hiring this spring because of aircraft deliveries from Boeing, the latest effect of the plane maker’s problems with one of its biggest customers. New hire classes will be paused in May and June and will likely resume in July, Marc … Read more

No news is good news for Wall Street

No news is good news for Wall Street

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

U.S. services pace slows slightly

U.S. services pace slows slightly

Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

No rate cuts in 2024?

No rate cuts in 2024?

Federal Reserve Chair Jerome H. Powell takes his seat to testify before a U.S. Senate Banking, Housing, and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, U.S., March 7, 2023.  Kevin Lamarque | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

JetBlue-Spirit Airlines merger called off

JetBlue-Spirit Airlines merger called off

JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York on June 15, 2013. Fred Prouser | Reuters JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing a federal antitrust lawsuit that challenged the deal. A federal judge in January … Read more

Upstart airlines Avelo, Breeze prepare for a profitable year

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

Companies make 2024 the year of cost cuts

Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker … Read more

Carl Icahn wins seats on JetBlue board after taking stake in airline

Carl Icahn wins seats on JetBlue board after taking stake in airline

A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Carl Icahn won his push for seats on JetBlue Airways’ board of directors, according to a statement from the airline Friday, days after disclosing a nearly 10% stake … Read more