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Airline stocks climb on economic recovery optimism as Senate approves landmark stimulus package

LINDSEY WASSON/Reuters Shares of airline companies rose on Monday amid surging optimism around the ongoing economic recovery following the Senate's recent approval of the stimulus plan.United Airlines, Southwest, American Airlines, and Delta shares all climbed.Airlines were among those that suffered most when large swaths of the global economy shut down at the start of the pandemic.Sign up here for our daily newsletter, 10 Things Before the Opening BellShares of airline companies ro...
Tags: Senate, Trends, Markets, United States, House, Delta, Stocks, Airlines, Biden, Stock Market, Airline, United Airlines, Delta Air Lines, American Airlines, Southwest Air, Lindsey Wasson Reuters


AmEx just opened the second largest of its famously luxirous Centurion Lounges - see inside

American Express's Denver Centurion Lounge. Thomas Pallini/Insider American Express debuted its 14th Centurion Lounge at Denver International Airport in February. The more than 14,000 square foot lounge is the second-largest in the Centurion Lounge network. Eligible patrons can use the lounge's two bars, dining area, and game room and not have to spend a dime. Visit the Business section of Insider for more stories. American Express opened a new Centurion Lounge at Denver International ...
Tags: Travel, Credit Cards, Transportation, New York, London, News, Airports, Planes, US, Trends, Features, Flying, Washington Dc, American Express, Aviation, John


I flew on United again during the pandemic and found it to be a leading contender for best US airline to fly in 2021 - here's why

A United Airlines Boeing 757-200. Shutterstock / verzellenberg United Airlines is one of my new favorite airlines to fly during the pandemic.  I wasn't overly impressed by the airline in 2020 but new improvements have me wanting to come back. Numerous social distancing precautions were in place at every turn and I was surprised to see an onboard snack and drink service. Visit the Business section of Insider for more stories. United Airlines had a rocky start to social distancing during the...
Tags: US, San Francisco, Trends, Delta, Newark, Houston, Boeing, Denver, United, United Airlines, American Airlines, Houston Texas, Clorox, Denver International Airport, Delta United, Denver Houston


EVTOL startup Joby Aviation is going public with a $6.6 billion valuation and plans to start passenger flights in 2024 - here's what we know about the company

Joby Aviation's eVTOL design. Joby Aviation Joby Aviation is a leader in electric aviation and just announced plans to go public.  Its four-passenger electric vertical takeoff and land aircraft is slated to earn certification in 2023. A planned merger with a Reid Hoffman-backed SPAC values the company at $6.6 billion. Visit the Business section of Insider for more stories. Joby Aviation is among the most promising startups in the electric aviation field, boasting plans for zero-emissio...
Tags: Uber, Trends, Tesla, Nasa, Washington Dc, Reid Hoffman, Pentagon, Toyota, Baltimore, Department Of Transportation, United Airlines, Reuters, SPAC, Los Angeles International Airport, Santa Cruz California, Joby


Airlines continue to flock to the Boeing 737 Max as it debuts on Alaska and United places a massive new order

An Alaska Airlines Boeing 737 Max. Alaska Airlines Alaska Airlines began passenger flights with the Boeing 737 Max on Monday. The first day of flights saw two round-trips, the first from Seattle to San Diego, California. United Airlines just placed an order for an additional 25 Boeing 737 Max aircraft.   Visit the Business section of Insider for more stories. Boeing's most notorious aircraft is having a great start to March with two milestones to kick off the month. Alaska Airlines began p...
Tags: Travel, Transportation, News, Air Travel, Mexico, Planes, US, Los Angeles, Trends, Eu, Flying, Canada, Alaska, Hawaii, Airplanes, San Diego


Dow soars 603 points amid risk-on rally as reopening stocks surge

Reuters / Brendan McDermid The Dow soared 603 points on Monday as a risk-on rally was fueled by a surge in reopening stocks.Johnson and Johnson began the distribution of its COVID-19 vaccine on Monday, which received emergency use authorization from the FDA over the weekend.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Stocks edged higher on Monday as the full reopening of the US economy seemed within reach after Johnson and Johnson began distributing its one-dos...
Tags: Finance, Senate, US, Trends, Markets, Reddit, Treasury, Berkshire Hathaway, Warren Buffett, Fda, US Treasury, West Texas Intermediate, Johnson, Biden, Stock Market, Faa


Boeing spikes 7% after United Airlines places order for 25 new 737 MAX planes

A United Airlines Boeing 737 Max 9. Thomas Pallini/Insider. Boeing jumped as much as 7% on Monday after United Airlines placed a 25-unit order for its 737 MAX.The 737 MAX plane was cleared for commercial use late last year after being grounded for more than a year following multiple crashes.United Airlines' order will likely be seen as a vote of confidence for the future of the 737-MAX. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Shares of Boeing jumped as much ...
Tags: Trends, SEC, Boeing, United, United Airlines, Max, Andrew Nocella, Matthew Fox, United Airlines Boeing, Nocella, COVID, Thomas Pallini Insider Boeing, Shares of United


US businesses that were hurt after the pandemic became politicized. Now, they're joining the effort to get Americans vaccinated.

A line to receive the vaccine at Disneyland in California. Mario Tama/Getty Images By publicly supporting the vaccine rollout, corporate America could help get more people vaccinated. Walmart, Disney, Uber, Lyft, the NFL, and others are aiding in vaccine administration and education. The Biden administration has also partnered with business groups to urge vaccines and mask-wearing. Visit the Business section of Insider for more stories. Over the last few weeks, Walmart has administered rou...
Tags: UK, New York, California, White House, Disney, US, NFL, America, Trends, Walmart, Joe Biden, Getty Images, Analysis, New York Times, The Times, Retail


US businesses were hurt after the pandemic became politicized. Now, they're joining the effort to get Americans vaccinated.

A line to receive the vaccine at Disneyland in California. Mario Tama/Getty Images By publicly supporting the vaccine rollout, corporate America could help get more people vaccinated. Walmart, Disney, Uber, Lyft, the NFL, and others are aiding in vaccine administration and education. The Biden administration has also partnered with business groups to urge vaccines and mask-wearing. Visit the Business section of Insider for more stories. Over the last few weeks, Walmart has administered rou...
Tags: UK, New York, California, White House, Disney, US, NFL, America, Trends, Walmart, Joe Biden, Getty Images, Analysis, New York Times, The Times, Retail


United Airlines has agreed to pay $49 million to resolve DOJ allegations of mail delivery data fraud

A United Airlines airplane takes off over another United plane on the runway at San Francisco International Airport. Jeff Chiu/AP Photo United Airlines agreed to pay $49 million to resolve criminal and civil claims, the DOJ said. The airline was accused of falsifying international delivery data from 2012 and 2015.  United received millions of dollars in payments based on the data, according to DOJ officials.  Visit the Business section of Insider for more stories. United Airlines has agree...
Tags: Transportation, Planes, US, Trends, Mail, Fraud, Chicago, US Postal Service, Usps, Doj, United, United Airlines, Justice Department DOJ, San Francisco International Airport, USPS Office of Inspector General, Kevin Shalvey


Spirit Airlines is adding 7 new low-cost leisure routes across the US with 2 new destinations - here's the full list

A Spirit Airlines Airbus A319. Spirit Spirit Airlines is adding Milwaukee and Louisville, Kentucky to its route network later in 2021.  Daily flights will operate to Los Angeles, Orlando, and Las Vegas from both cities. Spirit is still reporting financial losses but is expected to recover quickly after the pandemic.  Visit the Business section of Insider for more stories. Spirit Airlines will fly to more cities in America's heartland later in 2021. The ultra-low-cost carrier this week anno...
Tags: Travel, Transportation, News, Milwaukee, Planes, US, America, Los Angeles, Trends, Spirit, Airbus, Las Vegas, Newark, Southwest Airlines, Caribbean, United Airlines


An expert explains what would've happened if United flight 328 experienced its scary engine failure over the ocean

A United Airlines Boeing 777. Nicolas Economou/NurPhoto/Getty Images United Airlines flight 328 landed safely after experiencing an engine failure over Denver over the weekend. Even if the engine failure had occurred over water while en route to Hawaii, the aircraft likely could have landed safely.  Wide-body aircraft like the Boeing 777 are rated to fly for more than five hours on a single engine. Visit the Business section of Insider for more stories. A United Airlines flight from Denver...
Tags: Travel, Transportation, Europe, News, Air Travel, Colorado, Planes, US, Los Angeles, San Francisco, Trends, Flying, Canada, Atlantic, Hawaii, Aircraft


Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. The announcement comes two months after the formation of the Urban Air Mobility Partnership, a one-year initiative between Los Angeles Mayor Eric Garcetti’s office, the Los Angeles Department of Transportation and Urban Movement Labs to develop a plan for how to integrate urban aircraft into ex...
Tags: Startups, TC, Transportation, Los Angeles, Tech, Archer, New York Stock Exchange, Eric Garcetti, United, United Airlines, SPAC, Adam Goldstein, Electric Planes, UAM, Evtol, Air Taxis


New photos of the Boeing 777 engine that failed show where a blade snapped off inside

A composite imagine showing the failing engine of United Flight 328 and a photo of the damaged engine shared by investigators. YouTube/9News/National Transportation Safety Board/Business Insider Photos show the damage to a Boeing 777 engine that failed soon after takeoff in Colorado. United Flight 328 landed safely after the failure of the Pratt & Whitney engine. US investigators released the images and said the damage was consistent with metal fatigue. Visit the Business section of Inside...
Tags: Transportation, Colorado, US, Trends, News UK, Boeing, Denver, United, United Airlines, Reuters, Ntsb, National Transportation Safety Board, Nippon Airways, Pratt & Whitney, Boeing 777, US Federal Aviation Administration


Denver plane engine fire consistent with metal fatigue in fan blade, say investigators

US reveals preliminary results of inquiry into Pratt & Whitney engine fire that led to grounding of dozens of Boeing 777s around the worldMetal fatigue in the fan blades may have been behind the engine failure of a Boeing jet in Denver at the weekend, the US National Transportation Safety Board has said.The Pratt & Whitney engine caught fire shortly after take off on a United Airlines Boeing 777-200, during a flight from Denver to Honolulu, with 231 passengers and 10 crew onboard. Pilots issued ...
Tags: Business, US, US news, Air transport, Boeing, Denver, United Airlines, Honolulu, Pratt Whitney, US National Transportation Safety Board, Denver Continue, United Airlines Boeing


United will still fly the Boeing 777-200 after a scary engine failure in Colorado - but the ones still flying have a different engine

A United Airlines Boeing 777. Nicolas Economou/NurPhoto/Getty United Airlines' fleet of 24 Boeing 777-200 aircraft has been grounded by the Federal Aviation Administration, but the aircraft will keep flying. A fleet of 22 United Boeing 777-200s are unaffected as they're powered by General Electric engines. Passengers booked on the 777 might still fly on the aircraft but others will be moved to different jets.  Visit the Business section of Insider for more stories. The Federal Aviation Adm...
Tags: Travel, Transportation, News, Air Travel, Colorado, Planes, Trends, Flying, Aviation, Faa, General Electric, Boeing, Denver, United, United Airlines, Federal Aviation Administration


Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels

American Airlines and United Airlines planes at Los Angeles International Airport. Kit Leong/Shutterstock.com Bank of America upgraded airline stocks but emphasized that momentum, not value, is driving the higher price objectives. Analyst Andrew G. Didora has a buy rating for JetBlue, Alaska Airlines, and Southwest. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Airline stocks have upside ahead, but investors should be warned that the industry is still vulnerable w...
Tags: Trends, Markets, Bank Of America, Jetblue, United Airlines, American Airlines, Southwest, Los Angeles International Airport, BofA, Alaska Air Group, Bank of America In, JetBlue Alaska Airlines, Emily Graffeo, Airline Stocks, Southwest Airline Stock, United Airlines stock price


Experts say the plane and engine used by United have a safe track record - and the scary landing in Colorado should have minimal impact on the airline

The United Airlines Boeing 777-222 that experienced an in-flight engine failure. AaronP/Bauer-Griffin/GC Images A United Airlines jet made an emergency landing after an engine failure on Saturday. Three aviation regulators have effectively grounded Boeing 777s with PW4000-112 engines pending an investigation.  Experts say the issue isn't likely systemic with the plane or engine, given the track record of both.  Only 69 aircraft in the world are affected, and United is the only US carrier w...
Tags: Travel, Transportation, Japan, News, Colorado, US, San Francisco, Trends, Chicago, Flying, Hawaii, Aviation, Airlines, Engines, Faa, General Electric


Boeing drops after airlines ground 777 planes following engine failure over Denver

Pieces of an airplane engine from United Airlines Flight 328 sit scattered in a neighborhood on February 20, 2021 in Broomfield, Colorado. Michael Ciaglo/Getty Images Boeing stock fell 3% during on Monday in the wake of the engine failure of a 777 plane over Colorado on Saturday.  Boeing recommended airlines suspend the use of planes equipped with Pratt & Whitney PW44000-112 engines.  The National Transportation Safety Board found two fan blades in the United Airlines engine were fractured...
Tags: UK, Colorado, Trends, Markets, Aircraft, Engine, Airlines, Plane, Faa, Boeing, Denver, United, United Airlines, Ntsb, Honolulu, National Transportation Safety Board


UK bans some Boeing 777s from airspace after engine fire over Denver

Ban comes as Boeing urges airlines to ground all planes with Pratt & Whitney PW4000 enginesThe UK has barred from its airspace Boeing 777s with the same type of engine that caught fire in the US at the weekend, as the plane’s manufacturer urged airlines to ground all 120 of these aircraft worldwide.Boeing said carriers using 777 planes with Pratt & Whitney PW4000 engines should suspend operations until full inspections could be carried out, after the United Airlines jet was forced to make an eme...
Tags: Business, Politics, UK, US, UK News, World news, Air transport, Transport, Airline Industry, Transport policy, Boeing, Denver, United Airlines, Pratt Whitney


Boeing 777: Dozens grounded after Denver engine failure

United Airlines and Japan's two main airlines suspend 56 planes after the incident over Denver.
Tags: Business, Japan, Boeing, Denver, United Airlines


Boeing recommends grounding model 777 airplanes after one experienced engine failure and dropped debris over Colorado

United Airlines Boeing 777-222 takes off at Los Angeles international Airport on September 15, 2020 in Los Angeles, California. AaronP/Bauer-Griffin/GC Images A Boeing 777 operated by United Airlines experienced engine failure Saturday, dropping debris over Colorado. The FAA is now requiring inspections of all Boeing 777 jets with a particular engine model. Boeing also recommended that airlines ground all 69 active planes with the engine model. Visit the Business section of Insider for mor...
Tags: Colorado, US, Trends, Cnn, Faa, Boeing, Denver, Korean Air, United, United Airlines, Japan Airlines, Ntsb, National Transportation Safety Board, Los Angeles International Airport, Los Angeles California, HONOLULU Hawaii


United grounds 24 Boeing 777s after an engine failed midair, burning and dropping debris

The engine of a United Airlines Boeing 777 plane on Saturday. YouTube/9News Airlines are grounding Boeing 777 planes with certain engines after one failed soon after takeoff. Video from a United passenger showed an engine on fire. The plane landed safely but dropped debris. Other airlines that fly the same plane grounded them too, as recommended by Boeing. Visit the Business section of Insider for more stories. United Airlines is grounding 24 Boeing 777 planes after an engine failed soon a...
Tags: Transportation, Japan, Colorado, US, Trends, Cnn, News UK, Faa, Boeing, Denver, United, United Airlines, Japan Airlines, Federal Aviation Administration, Honolulu, National Transportation Safety Board


United grounds 24 Boeing 777s after an engine failed mid-air, burning and dropping debris

The engine of a United Airlines Boeing 777 plane on Saturday. YouTube/9News Airlines are grounding Boeing 777 planes with certain engines after one failed mid-flight. Video from a United passenger showed an engine on fire. The plane landed safely, but dropped debris. Other airlines that fly the same plane grounded them too, as recommended by Boeing. Visit the Business section of Insider for more stories. United Airlines is grounding 24 Boeing 777 planes after an engine failed mid-air, catc...
Tags: Japan, Colorado, US, Trends, Cnn, Faa, Boeing, Denver, United, United Airlines, Japan Airlines, Honolulu, National Transportation Safety Board, Pratt Whitney, US Federal Aviation Administration FAA, Asiana Airlines


Now that he's back from Cancun, Ted Cruz's reputation repair tour could be putting more people at risk

Sen. Ted Cruz, R-Tex., checking into Cancun International Airport on Thursday, Feb. 18, 2021, on his way back to Texas. MEGA/GC Images via Getty Images On Wednesday, Sen. Ted Cruz was spotted on his way to Cancun for a luxury vacation. At home, his constituents continue to suffer from a lack of heat, water, and power. After he returned, Cruz ignored CDC travel quarantine guidelines and embarked on a PR tour. Visit the Business section of Insider for more stories. Last Wednesday, Texas Sena...
Tags: Texas, Cdc, Washington, Mexico, Senate, Trends, Ted Cruz, Patagonia, Hyundai, Cruz, United Airlines, Cancun, Sen Cruz, Ritz Carlton, CANCUN Mexico, David Shuster


FAA orders inspections on Boeing 777 airplanes after one experienced engine failure and dropped debris over Colorado

United Airlines Boeing 777-222 takes off at Los Angeles international Airport on September 15, 2020 in Los Angeles, California. AaronP/Bauer-Griffin/GC Images A Boeing 777 operated by United Airlines experienced engine failure Saturday, dropping debris over Colorado. The FAA is now requiring inspections of all Boeing 777 jets with a particular engine model. United also announced they would be grounding 24 active aircraft as they conduct a review. Visit the Business section of Insider for m...
Tags: Transportation, News, Colorado, Trends, Engine, Faa, Boeing, Denver, United, United Airlines, Federal Aviation Administration, National Transportation Safety Board, Los Angeles International Airport, Los Angeles California, HONOLULU Hawaii, Denver International Airport


United just sent JetBlue a shot across the bow with a new route to London on its ultra-premium jet

A United Airlines Boeing 767-300ER. Lukas Wunderlich/Shutterstock.com United Airlines is adding a new route between Boston and London later this year. The start date is still unknown as travel between the countries is restricted due to the pandemic.  JetBlue Airways, which just expanded a partnership with American Airlines, will also fly to London this year from Boston. Visit the Business section of Insider for more stories. United Airlines is growing its transatlantic presence later this ...
Tags: Travel, Transportation, Europe, Florida, UK, New York, London, News, Air Travel, Boston, Planes, US, Los Angeles, San Francisco, Trends, Chicago


The rise and fall of Pan Am

Pan Am was once the largest international airline in the United States. In 1970 alone, it carried 11 million passengers to 86 countries worldwide. Pam Am still holds cult status for its iconic aviation style.  Visit the Business section of Insider for more stories. Following is a transcript of the video.Irene Kim: Pan Am was once the largest international airline in the US. In 1970 alone, it carried 11 million passengers to 86 countries worldwide. Pan Am is also known as the pioneer of multip...
Tags: New York, London, Congress, Scotland, Israel, US, America, Trends, Delta Airlines, United States, Paris, Delta, Heathrow, Antarctica, Manhattan, Kim


It's not just Ted Cruz, Americans have been escaping to Mexico since the beginning of pandemic - here's why

Cancun, Mexico is one of the few international tourist destinations still open to Americans. Edgard Garrido/Reuters Senator Ted Cruz of Texas was embroiled in a scandal last week after fleeing the cold for Cancun, Mexico. Americans have been flying to Mexico during the pandemic thanks to cheap flights and lax entry requirements.  A negative COVID-19 test is not required to enter Mexico but the CDC requires one to enter the US. Visit the Business section of Insider for more stories. Ted Cru...
Tags: New York, Texas, Cdc, Mexico, US, Los Angeles, Trends, Canada, Ted Cruz, Airlines, Houston, United, Centers For Disease Control And Prevention, Caribbean, Cruz, US Embassy


'Something blew up': plane rains debris on Denver suburbs after engine fire

FAA: United flight suffered engine failure before landingWitness sees explosion and smoke from low-flying airliner A United Airlines plane has rained debris on Denver suburbs, narrowly missing a home, after it suffered a catastrophic engine failure shortly after take-off on Saturday. The Boeing 777-200 returned to the airport safely for an emergency landing, with no reports of anyone hurt.United said in a statement there were no reported injuries on Flight 328 from Denver International Airport t...
Tags: Business, Colorado, World news, US news, Air transport, Faa, Boeing, Denver, United, United Airlines, Honolulu, Denver International Airport



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