A message board at the Tampa International Airport shows all American Airlines departing flight canceled Tuesday, Oct. 8, 2024, in Tampa, Fla., due to the possible arrival of Hurricane Milton. Chris O’Meara | AP Airlines canceled hundreds of flights, theme parks prepared to close and cruise lines shifted routes as Floridians braced for Hurricane Milton’s … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sheila Kahyaoglu, Jefferies aerospace and defense analyst, joins CNBC’s ‘Money Movers’ to discuss Southwest’s investor day, the carrier’s updated plans and guidance, and more. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. … Read more
DALLAS — Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized $2.5 billion in share buybacks and detailed a host of changes to its business model as it seeks to fend off activist Elliott Investment Management. The airline said it expects unit revenue to rise as much as 3% in the … Read more
A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024. Elijah Nouvelage | Bloomberg | Getty Images Southwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo … Read more
DALLAS, Sept. 24, 2024 /PRNewswire/ — – Southwest Airlines Co. (NYSE: LUV) (the “Company”) today issued a response to Elliott Investment Management L.P.’s (“Elliott”) recent Shareholder letter and provided an update on its engagement with Elliott ahead of the Company’s long-planned Investor Day set for Thursday, September 26: Elliott Engagement Update Southwest has made every … Read more
A Southwest Airlines Boeing 737-7H4 approaches San Diego International Airport for a landing from Houston on June 28, 2024 in San Diego, California. Kevin Carter | Getty Images Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, … Read more
DALLAS, Sept. 19, 2024 /PRNewswire/ — Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its 2024 Investor Day. Southwest will be webcasting the presentation live, and a link to the webcast will be made available via the Investor Relations homepage on the Southwest Airlines website. Details of the webcast are as … Read more
JetBlue planes at JFK’s Terminal 5 in New York. Leslie Josephs | CNBC JetBlue Airways will open its first airport lounges in its more than two decades of flying, a major shift for the low-cost airline as it chases high-spending travelers. The lounges will open at New York’s John F. Kennedy International Airport late next … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Stephen Trent, Citi’s MD on Americas Airlines, compares discount airlines to bigger carriers, and how they’re navigating debt, labor & supply issues. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each … Read more
Union members react as Aerospace Machinists District 751 President Jon Holden (out of frame) announces that union members rejected a proposed Boeing contract and will go on strike, following voting results at their union hall in Seattle, Washington, on September 12, 2024. Jason Redmond | Afp | Getty Images Boeing workers went on strike Friday, the latest disturbance … Read more
