Why a Major Indian Airline Is Being Sold for 1 Cent
Debt-ravaged Jet Airways India Ltd., the country’s biggest so-called full-service airline, is selling a majority stake for 1 rupee -- a little more than 1 U.S. cent. It’s part of a bailout plan by its state-owned lenders that will give the airline.....»»
Govt receives many queries on Air India from non-aviation entities
Two of the major Indian airline companies, IndiGo, and Jet Airways, as well as the Tatas, have reportedly ruled themselves out from the bidding race to buy Air India.....»»
Southwest Airlines executive provides updates on major technology upgrade
"When COVID hit, we had to pivot immediately. We had to start working remotely, and we just weren't prepared as a company to work remotely," said Kathleen Merrill, senior vice president and chief information officer of the Dallas airline......»»
Denver airport CEO Kim Day to retire, search for replacement begins
Under Day's tenure, the airport underwent several major construction projects and had significant airline growth......»»
JetBlue scores higher, United lower than average in new customer satisfaction rankings
JetBlue Airways scored higher and United Airlines scored lower than the industry average in the new J.D. Power 2021 North America Airline Satisfaction Study. Of the seven major airlines ranked in the study, New York City-based JetBlue (Nasdaq: .....»»
Dogecoin Co-Creator Sold All His Coins For Just Enough To Afford A Used Honda Civic In 2015 — Now DOGE Is Bigger Than Honda
Dogecoin (DOGE), which hit an all-time high near the 45-cent level on Monday night, has now surpassed automaker Honda Motor Co. read more.....»»
Buffett defends Berkshire"s sale of airline stakes in 2020
Warren Buffett on Saturday defended Berkshire Hathaway Inc.'s decision last year to sell its stake in major airlines in May 2020 as the industry reeled from.....»»
Investors are using a new platform to bid thousands on NFTs of Elon Musk"s tweets. We spoke to its CEO about the Tesla"s founder cult-like following - and where the market goes from here.
The CEO and co-founder of Cent, whose Valuables platform sold Jack Dorsey's fi.....»»
US airline bailout helps Southwest post $116M profit
With help from Washington, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started......»»
Southwest Airlines post $116 million profit, thanks in part to COVID-19 bailout. ‘We believe the worst is behind us.’
Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, as federal payroll aid helped boost the .....»»
Turkish Airlines restructures major deal for Boeing 737 Max jets
In a securities filing, the airline revealed a slew of cancellations, conversions to options, and delivery deferrals "in line with the operational and financial capacity of the company.".....»»
NerdWallet: This is the one airline that’s still blocking middle seats—why it matters
The pandemic revealed major differences in how these airlines treat and respect their customers. Which ones have the most health-conscious policies?.....»»
Washington Park Hotel in Miami Beach seized in foreclosure, sold for $44M
This is the first major hotel in South Florida to be foreclosed upon and sold amid the Covid-19 pandemic......»»
Silver Lake, a major investor in AMC Entertainment, just sold all of its shares for a $113 million profit
After Reddit trader.....»»
Is American Airlines the next GameStop? Reddit"s WallStreetBets says maybe
American Airlines is the most shorted major U.S. carrier, with roughly 171.3 million of its 610.8 million shares outstanding, or about 28%, currently sold short, according to S&P Capital IQ......»»
$273 million Kings Mountain casino and resort clears major hurdle
A major hurdle for the Catawba Indian Nation's $273 million casino project in Kings Mountain has been cleared. On Friday night, the tribe said it had reached an agreement with state leaders for a Class III gaming compact, which allows high-stakes.....»»
Catawba Indian Nation secures key approval from state for Kings Mountain casino resort project
A major hurdle for the Catawba Indian Nation's $273 million casino project in Kings Mountain has been cleared. On Friday night, the tribe said it had reached an agreement with state leaders for a Class III gaming compact, which allows high-stakes.....»»
USAA Real Estate sells massive national industrial portfolio
USAA Real Estate has sold more than 4 million square feet of industrial property across nine major markets, including Denver......»»
Tony Zhang Says Southwest Airlines Ready For Bullish Options Trade
On CNBC's "Options Action," Tony Zhang of OptionsPlay said Southwest Airlines Co (NYSE: LUV) will be the airline that best weathers the COVID-19 storm among the major airlines. read more.....»»
Boeing CEO says ‘most likely’ a major US airline will go out of business
Air travel in the U.S. is down more than 90% from a year ago. Boeing CEO David Calhoun said air travel will recover so slowly that “most likely†one.....»»
Boeing"s CEO says a major US airline could collapse this year because of the COVID-19 pandemic (BA)
Richard Drew/AP Boeing CEO David Calhoun said .....»»