United Airlines Holdings Inc.

Even airline employees are having trouble finding a seat home from Europe this summer

International passengers walk through the arrivals area at Terminal 5 at Heathrow Airport on November 26, 2021 in London, England. Leon Neal | Getty Images News | Getty Images Airlines want people to take a European vacation this summer — as along it’s not their employees. Carriers are discouraging their staff from using their employee …

Even airline employees are having trouble finding a seat home from Europe this summer Read More »

Boeing delivers first 787 Dreamliner since 2021 after manufacturing flaws

An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing delivered its first 787 Dreamliner in more than a year on Wednesday, ending a pause on handovers of the …

Boeing delivers first 787 Dreamliner since 2021 after manufacturing flaws Read More »

Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing will resume deliveries of its 787 Dreamliners in the coming days, the Federal Aviation Administration said Monday. Deliveries of the wide-body jetliners have been suspended for much …

Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says Read More »

Transportation Department proposes stricter rules for airline refunds after complaints surge

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Transportation Department on Wednesday proposed stricter rules on when airlines would have to compensate passengers for canceled or delayed flights, a move that follows a surge in traveler complaints after Covid-19 roiled air travel. Air travelers are currently entitled …

Transportation Department proposes stricter rules for airline refunds after complaints surge Read More »

Treasury yields climb as investors weigh recession prospects

US Treasury yields rose on Monday to begin August as investors continue to assess the prospects for an economic recession. At around 6:22 am ET he yield on the benchmark 10-year Treasury note was up at 2.658% while the yield on the 30-year Treasury bond climbed to 3.02%. Yields move inversely to prices. The 2-year …

Treasury yields climb as investors weigh recession prospects Read More »

How JetBlue’s takeover of Spirit could change air travel

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to win enough shareholder support. The …

How JetBlue’s takeover of Spirit could change air travel Read More »

JetBlue won the battle for Spirit. Now it has to win over Biden’s Justice Department

JetBlue Airways finally won over Spirit Airlines with a $3.8 billion takeover deal. Now it needs to win over antitrust regulators. The New York-based airline snatched Spirit away Frontier Airlines with an all-cash offer that torpedoed the cash-and-stock deal the two discount airlines had forged earlier this year. Hours after Spirit and Frontier said they …

JetBlue won the battle for Spirit. Now it has to win over Biden’s Justice Department Read More »

JetBlue Airways reaches deal to buy Spirit Airlines

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways reached a deal to buy Spirit Airlines, hours after the discount carrier scrapped plans to merge with Frontier Airlines. JetBlue said it will pay $33.50 a share in cash for Spirit. A JetBlue acquisition of Spirit …

JetBlue Airways reaches deal to buy Spirit Airlines Read More »

Spirit Airlines, Frontier terminate deal that was marred by JetBlue’s rival bid

A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spirit Airlines terminated its merger agreement with Frontier Airlines on Wednesday, months after rival suitor JetBlue Airways’ all-cash bid threw the planned tie-up into disarray. Shareholders …

Spirit Airlines, Frontier terminate deal that was marred by JetBlue’s rival bid Read More »

Spirit shareholder vote finally underway on Frontier deal clouded by rival JetBlue bid

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines shareholders were finally voting Wednesday on a planned tie-up with Frontier Airlines, a deal that has been on the rocks following a rival bid from …

Spirit shareholder vote finally underway on Frontier deal clouded by rival JetBlue bid Read More »