Next June, Delta will enter the competitive Los Angeles-Chicago market and begin flying to Hong Kong from LAX. Delta will operate LAX-O’Hare three times daily beginning June 7 using Boeing 737-800 aircraft. The route is currently served by United, American, Frontier and Spirit. United and American each have hubs at O’Hare and LAX and dominate…
TSA found over 6,600 guns at airports last year; most were loaded Most of the firearms were found at checkpoints in Hartsfield-Jackson Atlanta International Airport and Dallas Fort Worth International Airport. Scripps News Atlantic City International Airport was evacuated early Thursday morning after a fire alarm prompted emergency response teams to clear the terminal, according…
Good morning, Quartz readers! HERE’S WHAT YOU NEED TO KNOW Elon Musk is mad he didn’t get an invite to California’s upcoming EV party. The Tesla CEO is upset that market share limitations on a tax credit in the works would block his company from the benefit. Donald Trump’s best and worst cabinet picks, according…
(Reuters) -Spirit Airlines has filed for bankruptcy protection, it disclosed on Monday, after the pioneer of no-frills air travel in the U.S. struggled with a long run of quarterly losses and significant debt. The airline’s woes deepened after the collapse of its $3.8 billion planned merger with JetBlue Airways in January and the impact of…
In This Story The Dow Jones Industrial Average and other major indexes opened lower on Wednesday as the yield on the benchmark 10-year U.S. Treasury note continued its upward climb, reaching 4.23%—a level not seen since July. However, there was some relief for investors as oil prices eased, with West Texas Intermediate (WTI) futures trading…
(Reuters) – Frontier Airlines is exploring a renewed bid for Spirit Airlines, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The two budget carriers have had recent discussions about a possible merger though the talks are at an early stage and a deal may not come to fruition, the WSJ…
US stocks (^DJI,^GSPC, ^IXIC) are getting a lift after the September employment report showed the US economy added 254,000 jobs, coming in significantly above the expected 150,000. In addition, the unemployment rate ticked down to 4.1% from 4.2%, easing investor concerns about a US recession. Meanwhile, shares of Spirit Airlines (SAVE) are under pressure amid…