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

American Airlines raises bag fees, limits miles for travel agency bookings

An American Airlines plane sits at the gate at Cancun International Airport on May 26, 2023. Daniel Slim | AFP | Getty Images American Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings are eligible to earn … Read more

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

Delta Air Lines CEO Ed Bastian on $1.4B profit sharing, travel demand outlook

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and Delta Air Lines CEO Ed Bastian joins ‘Squawk Box’ to discuss the company’s $1.4 billion profit sharing payout, travel demand outlook, Boeing’s 737 Max-10 delivery timeline, and more. Read original article here Denial of responsibility! Pioneer Newz is … Read more

Flights attendants push airlines for higher wages

CHICAGO, ILLINOIS – JANUARY 24: American Airlines workers picket at O’Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images) Scott Olson | Getty Images … Read more

JetBlue resets with new CEO Joanna Geraghty, airline veterans

A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs | CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to get back to basics. JetBlue was a pioneer … Read more

How Walmart, Delta & Starbucks are using AI to check employee messages

Klaus Vedfelt | Digitalvision | Getty Images Cue the George Orwell reference. Depending on where you work, there’s a significant chance that artificial intelligence is analyzing your messages on Slack, Microsoft Teams, Zoom and other popular apps. Huge U.S. employers such as Walmart, Delta Air Lines, T-Mobile, Chevron and Starbucks, as well as European brands … Read more

Delta to open new tier of premium airport lounges this year

Delta’s new Sky Club airport lounge at New York’s John F. Kennedy International Airport. Leslie Josephs/CNBC Delta Air Lines‘ popular airport lounges are getting a more exclusive tier, in the airline’s latest push to cater to high-spending travelers. The first “premium” lounge is scheduled to open in June at New York’s John F. Kennedy International … 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

Why United Airlines invested $1 billion in Denver Airport

Last year was Denver International Airport’s busiest on record. While airline stocks have yet to fully recover to pre-pandemic levels, passengers have returned in droves — and millions of them are flying through the Colorado hub. “We will end 2023 much higher than our forecast at about 78 million passengers annually,” said Phil Washington, CEO … Read more