U.S. airlines commit to providing meals, hotel rooms for extended delays they caused

U.S. airlines commit to providing meals, hotel rooms for extended delays they caused

Passengers use self check-in machines as they travel from John F. Kennedy International Airport in Queens, New York City, U.S., July 2, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 31 (Reuters) – Major U.S. airlines told the U.S. Transportation Department (USDOT) they will provide meals for customers delayed … Read more

American Airlines bets on supersonic travel with Boom jet deal

American Airlines bets on supersonic travel with Boom jet deal

Aug 16 (Reuters) – American Airlines Group Inc (AAL.O) on Tuesday agreed to buy up to 20 jets from aircraft maker Boom Supersonic, becoming the second major U.S. airline to bet on ultra-fast passenger travel in the last two years. The deal brings Boom’s orderbook to 130 airplanes, including options, valued at about $26 billion, … Read more

JetBlue, Spirit near takeover deal that could come on Thursday-source

JetBlue, Spirit near takeover deal that could come on Thursday-source

July 28 (Reuters) – JetBlue Airways Corp (JBLU.O) is nearing a deal to buy Spirit Airlines (SAVE.N) that could be announced as soon as Thursday, a source familiar with the matter said, after Spirit canceled its $2.7 billion sale to Frontier Group Holdings (ULCC.O). The latest developments mark a victory for JetBlue in its months-long … Read more

S&P 500, Nasdaq ride higher on Tesla gains

S&P 500, Nasdaq ride higher on Tesla gains

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Tesla shares rise as profit tops expectations Energy stocks lead sectoral declines AT&T drags down communication services sector Indexes up: Dow 0.10%, S&P … Read more

Spirit postpones Frontier deal vote, to continue talks with Frontier and JetBlue

Spirit postpones Frontier deal vote, to continue talks with Frontier and JetBlue

July 7 (Reuters) – Spirit Airlines Inc (SAVE.N) said it has postponed a shareholder vote scheduled for Friday on its $2.4 billion sale to Frontier Group Holdings Inc (ULCC.O) so its board can continue discussions with both Frontier and JetBlue Airways. Reuters first reported the planned delay. Over the past few months, JetBlue and Frontier, … Read more

U.S. to drop COVID testing for incoming international air travelers

U.S. to drop COVID testing for incoming international air travelers

WASHINGTON, June 10 (Reuters) – The United States will drop from Sunday a 17-month-old requirement that people arriving in the country by air test negative for COVID-19, an official said, a move that follows intense lobbying by the airlines and the travel industry. A formal announcement will be made later on Friday. The step comes … Read more

JetBlue goes hostile to buy Spirit Airlines after rejection

JetBlue goes hostile to buy Spirit Airlines after rejection

CHICAGO/WASHINGTON, May 16 (Reuters) – JetBlue Airways Corp (JBLU.O) is not taking no for an answer in its quest to buy rival Spirit Airlines (SAVE.N). On Monday, the New York-based carrier launched a hostile all-cash takeover bid for Spirit Airlines, two weeks after the low-cost carrier rejected an offer from the larger rival. JetBlue, which … Read more