JetBlue to cut some routes after judge bars Spirit purchase

JetBlue to cut some routes after judge bars Spirit purchase

The JetBlue drop-off area at New York’s LaGuardia Airport on Oct. 31, 2023. Leslie Josephs/CNBC JetBlue Airways told staff this week that it will cut some routes and service as it struggles to return to profitability and grapples with the fallout of its blocked plan to buy Spirit Airlines. JetBlue said it will stop flying … Read more

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

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

Tonga Islands rocked by 6.5 magnitude earthquake

Tonga Islands rocked by 6.5 magnitude earthquake

A magnitude 6.5 earthquake has been recorded off the coast of Tonga in Polynesia. Geoscience Australia said the quake, with a depth of 199km, happened at 11.28am local time on Friday in the South Pacific Ocean about 126km from Tonga’s second-largest town, Neiafu. An earlier 5.7 magnitude earthquake was recorded about 5.50pm on Thursday, closer … Read more

Spirit Airlines raises fourth-quarter forecast, stock jumps

Spirit Airlines raises fourth-quarter forecast, stock jumps

Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | South Florida Sun-sentinel | Getty Images Spirit Airlines on Friday raised its financial forecast for the fourth quarter of 2023, sending shares soaring 17% after a rout earlier this week … Read more

Goldman Sachs predicts 100 million Indians will earn $10,000 by 2027

Goldman Sachs predicts 100 million Indians will earn ,000 by 2027

The increase in wealth has been seen from stronger retail participation, larger investments into the Indian stock markets, and gold and property purchases. Sopa Images | Lightrocket | Getty Images Rising disposable incomes are set to power India’s consumption story, further boosting the country’s consumer sector that is fast becoming a key driver for economic … Read more

More than a million NSW motorists could have one demerit point wiped for good behaviour under Demerit Point Return Scheme

More than a million NSW motorists could have one demerit point wiped for good behaviour under Demerit Point Return Scheme

Motorists in NSW who were well-behaved on the roads for the last 12 months will soon have one demerit point wiped from their driving record. It normally takes three years for a demerit point to disappear, but a state initiative trialling an incentive-based approach to road safety, which closed on Wednesday, will reward drivers who … Read more

Spirit could slash fares, restructure after failed JetBlue takeover

Spirit could slash fares, restructure after failed JetBlue takeover

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways‘ proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this … Read more

Petrol and EV cars put to the test on 900km road trip between Melbourne and Sydney

Petrol and EV cars put to the test on 900km road trip between Melbourne and Sydney

A road trip between Australia’s largest cities has put a petrol and an electric car to the test. The trial run was conducted in partnership with CarExpert, testing a BMW 740i and its electric sibling, the i7 on the 900km journey between Melbourne and Sydney. WATCH THE VIDEO ABOVE: Electric and petrol cars go head-to-head … Read more

Top 9 travel experiences of 2024, according to luxury advisors

Top 9 travel experiences of 2024, according to luxury advisors

Pandemic-era lockdowns ushered in the rise of “travel experiences” — or meaningful, purpose-driven activities that take a deeper, and often slower, dive into a destination. It’s not enough to simply go to a place anymore; many want to learn about it and be mentally transformed along the way. If that sounds like a tall order … Read more

JetBlue-Spirit merger block in win for Biden’s Justice Department

JetBlue-Spirit merger block in win for Biden’s Justice Department

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge blocked JetBlue Airways‘ purchase of budget rival Spirit Airlines, a major win for Biden’s Justice Department, which sued to stop the merger, alleging it would drive up fares for some of the most price-sensitive consumers. … Read more