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X @Bloomberg
Bloomberg· 2025-07-30 13:28
Ryanair plans to end operations at three airports in France and reduce winter flights to the country in response to the French government’s decision to tax air travel https://t.co/GxhLS26Omg ...
HOT NEWS: PEET'S COFFEE TAKES TO THE SKIES WITH SOUTHWEST AIRLINES AS THEIR OFFICIAL INFLIGHT COFFEE PARTNER STARTING ON AUG. 13
Prnewswire· 2025-07-30 13:00
To celebrate this launch, Peet's and Southwest will host an immersive, co-branded event at Peet's East 8th Street location in Chicago on Aug. 15-16 during regular coffee bar hours. Timed to coincide with the city's iconic Air and Water Show, the activation invites travelers and locals to experience the partnership through interactive elements, product sampling, and brand storytelling. About Peet's Coffee Hot News: Peet's Coffee Takes to the Skies With Southwest Airlines as Their Official Inflight Coffee Par ...
X @BBC News (World)
BBC News (World)· 2025-07-30 12:56
Air India watchdog audit reveals 51 safety violations https://t.co/KrIulWlOSe ...
United Airlines, JetBlue partnership gets Trump admin clearance to fly
Fox Business· 2025-07-30 12:05
Group 1 - United Airlines and JetBlue's partnership, named "Blue Sky," has received approval from the U.S. Department of Transportation (USDOT) [1] - The partnership is not a merger but an agreement allowing JetBlue to provide United access to slots at JFK International Airport for up to seven daily round-trip flights starting in 2027 [2] - JetBlue and United will exchange eight flight timings at Newark as part of a net-neutral exchange [2] Group 2 - The partnership was pursued by JetBlue after a federal judge blocked its alliance with American Airlines in 2023 [5] - Spirit Airlines has urged USDOT to reject the collaboration, claiming it is anticompetitive and could lead to similar deals among other large carriers [7] - JetBlue and United plan to share more details about the implementation of the Blue Sky collaboration in the coming weeks [7]
X @Bloomberg
Bloomberg· 2025-07-30 11:15
The Air India Group had the most issues among Indian carriers, according to an annual safety audit that began much before the carrier lost an aircraft in a crash last month https://t.co/UIev8qp1si ...
JetBlue Airways Corporation (JBLU) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-07-29 21:43
Core Viewpoint - JetBlue Airways Corporation held its Q2 2025 earnings conference call, discussing financial results and future outlook [1][2][3]. Group 1: Company Overview - The conference call featured key executives including CEO Joanna Geraghty, President Martin J. St. George, and CFO Ursula Hurley [3]. - The earnings release and presentation materials were made available on JetBlue's investor relations website and the SEC's website [3]. Group 2: Financial Performance - The call included discussions on the company's financial results for the second quarter of 2025, although specific financial metrics were not detailed in the provided text [1][2][3]. Group 3: Forward-Looking Statements - The company indicated that forward-looking statements would be made during the call, adhering to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 [4].
UPS Shares Move South After Q2 Earnings Miss Estimates
ZACKS· 2025-07-29 18:26
Core Insights - United Parcel Service, Inc. (UPS) reported mixed second-quarter 2025 results, with earnings missing estimates but revenues exceeding expectations [1][7] - Quarterly earnings per share were $1.55, missing the Zacks Consensus Estimate by a penny and declining 13.4% year over year [1][7] - Revenues totaled $21.2 billion, surpassing the Zacks Consensus Estimate of $20.8 billion but decreasing 2.7% year over year [1][7] Financial Performance - U.S. Domestic Package revenues were $14.08 billion, down 0.8% year over year, attributed to a decline in volume, partially offset by increases in air cargo and revenue per piece [3] - International Package revenues reached $4.48 billion, up 2.6% year over year, driven by a 3.9% increase in average daily volume [4] - Supply Chain Solutions revenues decreased 18.3% year over year to $2.65 billion, impacted by the divestiture of Coyote [5] Operating Profit and Margins - Adjusted operating profit for U.S. Domestic Package fell 1.4% year over year to $982 million, with an adjusted operating margin of 7% [3] - Adjusted operating profit for International Package totaled $682 million, down 17.2% year over year, with an adjusted operating margin of 15.2% [4] - Overall adjusted operating margin for UPS was 8.8% [5] Guidance and Outlook - UPS did not provide revenue or operating profit guidance for 2025 due to macro-economic uncertainty, which has disappointed investors [2][7] - The company affirmed capital expenditures of approximately $3.5 billion, dividend payments of around $5.5 billion, and completed share repurchases of about $1.0 billion [6] - UPS expects to achieve $3.5 billion in expense reductions from network reconfiguration and Efficiency Reimagined initiatives [6]
X @Bloomberg
Bloomberg· 2025-07-29 18:16
United Airlines flight attendants rejected a new contract that would have provided cumulative pay increases of as much as 45.6% over five years. https://t.co/zpYUxjdL1r ...
United Airlines flight attendants reject contract with immediate raises of at least 26%
CNBC· 2025-07-29 17:57
Core Points - United Airlines flight attendants voted against a new labor contract that proposed immediate raises of at least 26% and other quality-of-life improvements [1][2] - The last raise for flight attendants occurred in 2020, and the union had reached a tentative agreement with the airline in May [1] - The rejection of the agreement is seen as a message to United Airlines management regarding the need to address the sacrifices made by flight attendants [2] Summary by Category Labor Relations - U.S. flight attendants have been advocating for wage increases for several years, especially following the pandemic [2] - Other airlines' flight attendants, pilots, and various work groups have successfully secured new labor deals recently [2] Union Perspective - Ken Diaz, president of the union's United chapter, emphasized that the rejection of the tentative agreement was a strong message to management, indicating that it did not sufficiently recognize the contributions of flight attendants [2]
X @The Economist
The Economist· 2025-07-29 17:01
American airline carriers’ latest method of singling out business passengers is strikingly simple—and has sparked outrage in the travel blogosphere https://t.co/20bbcvqleQPhoto: Getty Images https://t.co/GrTrxtzZj6 ...