[ad_1] Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC Boeing‘s aircraft deliveries picked up last month with airlines getting more 737 Max and 787 Dreamliner planes. The manufacturer handed over 48 planes last month, up from 35 in October, with carriers United, American …
Read More »UK snow causes travel chaos and energy fears
[ad_1] London CNN — Snow has blanketed London and large parts of the United Kingdom on Monday, shutting schools, grounding flights and causing widespread disruption across a country struggling through a winter energy crisis. Britain recorded the coldest day of the year during the early hours of Monday morning, with …
Read More »Southwest reinstates dividend after three years as travel rebounds
[ad_1] OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines is reinstating its quarterly dividend that it suspended at the start of the Covid-19 pandemic in 2020, the latest sign of the airline industry’s recovery. The $54 billion in federal aid that airlines received to keep paying employees during the …
Read More »Boeing’s last 747 rolls out of factory after a more than 50-year production run
[ad_1] Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC EVERETT, Wash. − Boeing‘s final 747 rolled out of the company’s cavernous factory north of Seattle Tuesday night as airlines’ push for more fuel-efficient planes ends the more than half-century production run of the …
Read More »United CEO says business travel has ‘plateaued’ but revenue is still rising
[ad_1] United Airlines Boeing 787-9 Dreamliner landing in London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images Business travel demand has “plateaued” but revenue continues to rise thanks to strong demand and capacity constraints, United Airlines CEO Scott Kirby told CNBC on Tuesday. Major companies, …
Read More »U.S. again delays deadline for Real IDs, until May 2025
[ad_1] Homeland Security sign for REAL ID at entrance to passenger TSA security area, West Palm Beach, Florida. Lindsey Nicholson | UCG | Universal Images Group | Getty Images U.S. officials are delaying for two more years the enforcement of a rule requiring people to get new identification cards to …
Read More »Morgan Stanley upgrades United Airlines, says 2023 could be ‘Goldilocks’ year for airline
[ad_1] It’s time to buy shares of United Airlines , which could soar more than 50% next year, according to Morgan Stanley. Analyst Ravi Shanker upgraded shares of United Airlines to overweight from equal weight, saying that 2023 could be a “goldilocks” year for the airline. “After three years of …
Read More »How electric air taxis could shake up the airline industry
[ad_1] A VoloCity air taxi by Volocopter is pictured at Pontoise airfield in Cormeilles-en-Vexin, near Paris, France, November 10, 2022. Benoit Tessier | Reuters A world with flying vehicles, like the 1960s sitcom The Jetsons, might be closer than you think. Companies across the U.S., including several startups, are developing …
Read More »Delta pilots would get more than 30% in pay raises under new contract deal
[ad_1] A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines and its pilots’ union have reached a preliminary agreement for raises topping 30% over four years, …
Read More »Activision acquisition would be good for Microsoft and the overall stock market
[ad_1] Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it’s highly likely that the deal will be completed in the …
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