Renowned activist investor Carl Icahn has recently made headlines with his bold move of purchasing an almost 10% stake in JetBlue. This acquisition, made during the first two months of this year, indicates Icahn’s belief that the airline’s stock is undervalued and presents an attractive investment opportunity. While some may see this move as a
Airlines
American Express is proud to announce the opening of its largest Centurion Lounge to date at Hartsfield-Jackson Atlanta International Airport on February 14th. Situated in Concourse E near gate E11, this new lounge is set to redefine the travel experience for American Express cardholders and frequent travelers alike. Inspired by Atlanta’s reputation as “the city
The U.S. Department of Transportation (DOT) recently issued a tentative decision to terminate the joint venture between Delta and Aeromexico, giving both airlines until February 23 to submit objections. This decision has sparked a heated dispute, with Delta arguing that the proposal is not only detrimental to the airlines involved but also harmful to the
Delta Airlines is set to revolutionize the airport lounge experience with the introduction of a new category of “premium lounges.” These luxurious spaces will debut in key cities such as New York, Los Angeles, and Boston, offering travelers a range of exclusive features and amenities. With plans to open multiple locations across the United States,
Emirates has recently been announced as the official global airline partner of the National Basketball Association (NBA). This partnership is set to bring exciting opportunities for both Emirates and the NBA. With basketball’s popularity continuing to grow around the world, this collaboration will undoubtedly strengthen the global presence of both brands. A significant aspect of
The airline industry is experiencing a major shift in the way airlines promote and sell their lowest fares. A recent article published in The Beat highlighted this growing trend, where major US airlines are increasingly offering their lowest fares exclusively through nontraditional GDS (Global Distribution System) channels. This article examined a comprehensive survey conducted by
American Airlines and the American Society of Travel Advisors (ASTA) have been engaged in a heated dispute regarding American’s distribution practices. ASTA filed a complaint with the Department of Transportation (DOT) in September, claiming that American’s removal of a significant portion of its content from traditional GDS booking channels has been detrimental to consumers. American
In recent years, the aviation industry has been grappling with an alarming surge in flight disruptions. According to a report by air travel data provider Infare, the number of schedule changes in 2023 was approximately three times higher than in 2019. This significant increase has raised concerns among airline and airport executives, who have been
The aviation industry is built upon precision, attention to detail, and rigorous safety protocols. Any deviation from these standards can have catastrophic consequences. Recently, an incident involving an Alaska Airlines flight shed light on the importance of proper installation procedures in aircraft manufacturing. A preliminary report by the National Transportation Safety Board (NTSB) revealed alarming
Boeing, the renowned aircraft manufacturer, has announced that it will be postponing deliveries on approximately 50 of its 737 Max aircraft. This delay is prompted by the discovery of a quality-control issue related to two holes in the bodies of these planes not being drilled to precise specifications. Although this issue does not pose an
Boeing decided to withdraw a request for a safety standard exemption for the 737 Max 7 aircraft following pressure from Sen. Tammy Duckworth (D-Ill.). The request was made to allow the Max 7 to fly while Boeing continued working on an engineering fix for the aircraft’s engine inlet de-icing system. In a letter to FAA
El Al, the national carrier of Israel, has announced plans to expand its service between the United States and Israel. This move comes in response to reduced and suspended service by several carriers following an attack on Israel by Hamas. El Al aims to replenish the lost capacity and maintain an important air bridge between
Finnair, the Finnish flag carrier, is facing significant disruptions to its flight schedule due to strikes involving several government employee unions. The strikes are set to impact Helsinki Airport, resulting in the cancellation of nearly the airline’s entire schedule on February 1 and 2. This unexpected development has left thousands of passengers stranded and has
Taylor Swift, the renowned pop icon, and her boyfriend, Kansas City Chiefs tight end Travis Kelce, have become the center of attention in recent months. Swift’s presence at Chiefs’ games and her transformative album, 1989, have generated massive public interest. Noticing this, American Airlines and United Airlines have decided to pay homage to Swift, Kelce,
American Airlines is embracing a new era by gradually transitioning towards 100% internet bookings. During the company’s recent Q4 earnings call, executives made it clear that internet bookings are the future of their distribution strategy. American’s chief commercial officer, Vasu Raja, emphasized that meeting customer demands and providing the best content at the lowest expenses
Frontier Airlines, known for its budget-friendly leisure travel options, is embarking on a bold new strategy. The airline has announced a massive expansion, adding 52 new routes to its portfolio from April through June. This strategic move marks a departure from the carrier’s traditional focus on leisure destinations, aiming instead to tap into underserved and
The proposed tie-up between Lufthansa Group and Italy’s state-owned ITA Airways has sparked concerns within the European Commission (EC). As a result, the EC has decided to conduct an in-depth review to evaluate whether this collaboration would harm competition in the aviation industry. The potential acquisition would grant Lufthansa a 41% stake in ITA, with
United Airlines has made the decision to remove the largest version of the Boeing 737 Max, the Max 10, from its internal plans. CEO Scott Kirby stated during an interview with CNBC that the grounding of the Max 9 was the final straw that led to this decision. United had placed an order for 150
