Tag Archives: American Airlines Group Inc

How LiveU has defined the industry it once disrupted

In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. In 2006, after attending a soccer game with a bulky, unimpressive production setup, LiveU founders Avi Cohen, Samuel Wasserman, and Rony Ohayon were inspired to create a product that would …

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Tech companies, banks overstaffed while airlines, hotels need workers

JetBlue Airways passengers in a crowded terminal on April 7, 2022 in the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida. Robert Nickelsberg | Getty Images News | Getty Images It wasn’t long ago that Amazon, Shopify and Peloton doubled their workforces to manage through the pandemic surge, while Morgan …

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JetBlue Airways at a crossroads after Spirit rejects its takeover offer

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/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images JetBlue Airways is at a nearly quarter-century crossroads. The airline’s first …

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Spirit CEO wonders whether JetBlue bid meant to block Frontier deal

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/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines CEO Ted Christie on Thursday laid bare the reasons …

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Major companies silent on Supreme Court Roe v Wade abortion decision

Demonstrators hold up signs during a protest outside the U.S. Supreme Court, after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, U.S. May 3, …

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Airlines face big rebooking challenges this summer

Airline passengers, some not wearing face masks following the end of Covid-19 public transportation rules, sit during a American Airlines flight operated by SkyWest Airlines from Los Angeles International Airport (LAX) in California to Denver, Colorado on April 19, 2022. Patrick T. Fallon | AFP | Getty Images Airlines that …

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Southwest Airlines 2022 profit forecast sees bookings, fares outpacing costs

A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 2022 profits as bookings and fares outpace a jump in labor, fuel and airport costs. The Dallas-based carrier expects second-quarter revenue …

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FAA, airlines to meet on Florida flight disruptions as travel booms

Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Images The Federal Aviation Administration will meet with major U.S. airline staff next month to …

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Cramer’s lightning round: Don’t sell Marvell Technology

OptimizeRx Corp: “There’s not enough there at that company. … Can’t go there.” SoFi Technologies Inc: “Here’s the problem. This thing was built as a way to be able to help on student loans, and when you get rid of your major product … it’s very hard to recommend the …

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United Airlines, AT&T, Tesla and more

A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Thursday. United Airlines – Shares of …

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