January 06, 2023 | Daily Business Review
Southwest's Strong 2022 Bebound Soured by Holiday DebacleSouthwest Airlines anticipates a money-losing fourth quarter after a winter storm and technology meltdown led to nearly 17,000 canceled flights and…
By Michelle Chapman and David Koenig
4 minute read
October 20, 2022 | Daily Business Review
Spirit Airlines Shareholders Approve $3.8B Sale to JetBlueJetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation's biggest budget airline.
By David Koenig
4 minute read
October 04, 2022 | Daily Report Online
American Airlines CEO Defends JetBlue Deal to Federal JudgeAmerican and JetBlue say the government has no evidence that the deal is hurting consumers. To the contrary, they say it will help travelers by creating a stronger competitor to Delta and United in New York and Boston.
By David Koenig | The Associated Press
3 minute read
October 04, 2022 | Daily Business Review
American Airlines CEO Defends JetBlue Deal to Federal JudgeAmerican and JetBlue say they were unable to grow in New York on their own because they couldn't get enough new takeoff and landing times at congested airports.
By David Koenig
3 minute read
September 30, 2022 | Daily Business Review
Storm-Battered Florida Businesses Face Arduous RebuildingPrevious strong hurricanes have caused a temporary spike in unemployment in leisure and hospitality businesses and some real estate fields such as property management, followed by a surge in hiring by construction crews during the rebuilding phase.
By David Koenig
3 minute read
September 08, 2022 | Daily Business Review
United Makes 'Conditional' Order for Electric Air TaxisUnited thinks that in a few years, plenty of big-city customers will pay $100 or more for a one-way ride to the airport in a four-seat, electric-powered air taxi.
By David Koenig
2 minute read
September 06, 2022 | Daily Business Review
Airlines Count on Business Travelers to Keep Recovery GoingAir travel in the United States, bolstered by huge numbers of tourists, has nearly recovered to pre-pandemic levels.
By David Koenig
5 minute read
August 16, 2022 | Daily Business Review
American Airlines Places Deposit on 20 Supersonic Planes"Looking to the future, supersonic travel will be an important part of our ability to deliver for our customers," said American Airlines's chief financial officer.
By David Koenig
4 minute read
July 29, 2022 | Daily Business Review
JetBlue Agrees to Buy Spirit for $3.8B After Bidding WarThe agreement came one day after Spirit's attempt to merge with fellow budget carrier Frontier Airlines fell apart.
By David Koenig and Michelle Chapman
5 minute read
July 12, 2022 | Daily Business Review
Frontier Airlines Says It Lacks the Votes for Spirit MergerFrontier's chief executive officer said that his airline is "very far" from winning approval by Spirit shareholders, who are weighing a higher-priced buyout offer from JetBlue Airways.
By David Koenig
2 minute read
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