Delta Sees $1.11 Billion Profit Ahead of Strong Holiday Bookings
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Delta Sees $1.11 Billion Profit Ahead of Strong Holiday Bookings
Delta Sees $1.11 Billion Profit , Ahead of Strong Holiday Bookings.
ABC reports that Delta Air Lines
gained $1.11 billion in profits as summer
travelers packed planes in the third quarter.
.
On October 12, the carrier said it expects
revenue to continue rising through
the upcoming holiday season.
Despite higher labor costs, Delta saw profits increase
by 59% from 2022 with strong ticket sales, including
for premium seats and international flights.
ABC reports that the Atlanta-based company
predicts fourth quarter and 2023 overall
profits to mostly exceed Wall Street forecasts.
.
I think we’re closing the year
strong, and the holiday bookings
that we see right now are pretty
good.
Domestic (travel) is solid,
and international is really strong, Ed Bastian, Delta Air Lines CEO, via ABC.
In the third quarter, travelers flew
approximately 64 billion miles on Delta
flights, a 17% increase for the carrier.
.
ABC reports that Delta's revenue
from main cabin ticket sales increased
12% and 17% for premium seating.
.
Over the same period, revenue
from the carrier's SkyMiles
loyalty program jumped 21%.
According to a FactSet survey, Delta's
third quarter profit of $2.03 per share
was 8 cents higher than analyst forecasts.
The carrier's revenue, which grew
11% to reach $15.49 billion, also
exceeded analysts' expectations.
US Airlines , Accuse China of , 'Harmful Anti-Competitive Policies'.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
According to an open letter, China's
“existing harmful anti-competitive policies”
are affecting U.S. airlines and workers.
The competitive disadvantage
is harmful to the approximately
315,000 workers employed
by U.S. passenger airlines
that serve China, Airlines for America open letter, via CNN.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
If the growth of the Chinese aviation
market is allowed to continue unchecked
and without concern for equality of access
in the market, flights will continue to be
relinquished to Chinese carriers at the
expense of U.S. workers and businesses, Airlines for America open letter, via CNN.
CNN reports that the Biden administration said in February
that it would allow Chinese airlines to increase the
number of direct passenger flights to the United States.
At the time, U.S. officials granted Chinese carriers
approval to make 50 weekly round-trip flights,
increased from 35 amid the COVID-19 pandemic.
Prior to the pandemic,
over 150 weekly
flights were allowed. .
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden.
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden
Credit: Wibbitz Top Stories Duration: 01:31Published
United Airlines Among , Major US Carriers Facing, Intense Scrutiny Over Incidents .
'Newsweek' reports that United Airlines has made
national headlines following a string of incidents on
flights to and from the United States in recent weeks.
'Newsweek' reports that United Airlines has made
national headlines following a string of incidents on
flights to and from the United States in recent weeks.
United CEO Scott Kirby released a statement addressing
the recent string of incidents, which included an
engine fire and a door panel blowing off mid-flight.
United CEO Scott Kirby released a statement addressing
the recent string of incidents, which included an
engine fire and a door panel blowing off mid-flight.
Unfortunately, in the past
few weeks, our airline has
experienced a number of
incidents that are reminders
of the importance of safety. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
While they are all unrelated,
I want you to know that these
incidents have our attention
and have sharpened our focus. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
Kirby went on to reassure
travelers that steps were being
taken to address the ongoing issues. .
In the past few years,
we've done a lot at United
to build a new culture, improve
our business and earn your trust, Scott Kirby, United Airlines CEO, via 'Newsweek'.
I'm confident that we'll learn
the right lessons from these
recent incidents and continue
to run an operation that puts
safety first and makes our
employees and customers proud. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
'Newsweek' recently released a timeline of incidents
involving three major U.S. airlines, comparing the
number of incidents over the past 12 months.
From March of 2023 to March of 2024,
American Airlines had 63 incidents reported on
AeroInside, a website that tracks aviation incidents.
Over the same period of time,
Delta Airlines had 70 incidents
reported on AeroInside.
United Airlines tops the list with
79 incidents reported on AeroInside
between March of 2023 and March of this year
Credit: Wibbitz Top Stories Duration: 01:31Published
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
John Sykes, chairman of the Rock & Roll
Hall of Fame Foundation, issued a
statement about this year's inductees.
Rock & Roll is an ever-evolving
amalgam of sounds that impacts
culture and moves generations, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
This diverse group of inductees
each broke down musical barriers
and influenced countless artists
that followed in their footsteps, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Ahmet Ertegun Award, which honors those
who don't perform music but have made an impact
in the industry, will go to Suzanne de Passe.
The induction ceremony will take place on Oct. 19 and will stream live on Disney+.
It will be available to view on Hulu the following
day and will also air on ABC at a later date.
It will be available to view on Hulu the following
day and will also air on ABC at a later date
Credit: Wibbitz Top Stories Duration: 01:30Published
Beloved 'Golden Bachelor' couple Gerry Turner and Teresa Nist are sadly calling it quits. Just three months after tying the knot in an ABC special in January, the couple, whose engagement was revealed in Nov, announced they are getting a divorce. They sat down with 'Good Morning America' to reveal their decision but offered little to an audience that will want to know what happened after witnessing their inspiring later-in-life love story unfold.
Credit: The Hollywood Reporter Duration: 02:04Published
Ford Orders Recall , Over Potential SUV Gas Leak.
ABC reports that Ford has ordered
a recall for almost 43,000 small SUVs
due to a potential risk of fire. .
The recall impacts some Bronco
Sport SUVs from 2022 and 2023,
as well as 2022's Escape SUVs. .
According to Ford, gasoline can leak from
fuel injectors near or onto hot engine surfaces,
which increases the risk of starting fires.
The recall does not reportedly include repairing
any potential fuel leak, which the company
claims only impacts about 1% of their SUVs.
ABC reports that Michael Brooks, executive director
of the nonprofit Center for Auto Safety,
has called Ford's decision a "Band-aid type recall.".
Brooks claims that even a 1% failure
rate is high and places drivers
at potential risk for a crash.
The NHTSA said that it lacks legal
authority to pre-approve recall fixes. .
The agency added that it would, "closely track their performance using field data.".
However, Brooks suggests that Congress
needs to change laws so that the NHTSA can , "require something more than the rubber
stamp that NHTSA is currently deploying.”.
That is a post-remedy inquiry
that won't make the fixes better,
and further stretches out the process
and leaves consumers in limbo. , Michael Brooks, executive director of the
nonprofit Center for Auto Safety, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
US Life Expectancy on the Rise , Following Pandemic Decline, CDC Report Says.
According to the latest federal
mortality data, life expectancy in
the United States increased in 2022. .
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The positive change comes after two
years of decline following the pandemic.
The positive change comes after two
years of decline following the pandemic.
While life expectancy has yet to reach
pre-pandemic levels, 2022 showed
an increase of 1.1 years compared to 2021.
2022 ended up recording 3.27 million
deaths in the U.S., which was
184,374 fewer deaths than the year before.
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
ABC reports that both males and
females saw approximately the same
increase in life expectancy from 2021 to 2022.
Over the same period of time,
the death rate decreased
for nearly every age group. .
Another NCHS report found that rates of
drug overdose deaths from synthetic opioids
increased by 4.1% between 2021 and 2022.
Credit: Wibbitz Top Stories Duration: 01:30Published
Phase One Investigative Maui Wildfire Report , to Be Released Next Month.
ABC reports that seven months after deadly
wildfires devastated Maui, an investigative
report will be released on April 17, 2024.
Hawaii Attorney General Anne Lopez commissioned the
Fire Safety Research Institute (FSRI) to conduct an
independent investigation alongside several local agencies.
The first phase of the investigation is meant
to analyze how the disaster unfolded during
the first 24 to 72 hours, as well as its aftermath. .
The report also includes
a comprehensive timeline of events. .
According to the AG's office, the FSRI research
team ran into unexpected delays while
gathering information critical to their review. .
In November of 2023, subpoenas were served to the
Maui Emergency Management Agency, the County
of Maui Department of Public Works and the
County of Maui Department of Water Supply.
Those subpoenas demanded materials relevant
to the investigation, including documents and photos, as well as video and audio recordings.
Being able to review all of the data,
which is extensive, has a tremendous
impact on the comprehensive analysis
of the fire incident and our
recommendations to make Hawaiʻi
a safer place to live, work and play, Steve Kerber, Ph.D., PE, vice president and executive director of FSRI, via ABC.
An analysis of this magnitude cannot be
rushed, and we must allow for the time
needed to make sure this investigation,
based on science, is done correctly, Anne Lopez, Hawaii Attorney General, via ABC.
I am confident that the Phase One
report will provide some answers
to the questions surrounding
the tragic wildfire incident, Anne Lopez, Hawaii Attorney General, via ABC
Credit: Wibbitz Top Stories Duration: 01:31Published
Mariah The Scientist was arrested and booked in Atlanta Wednesday night ... after a woman told cops Mariah laid down a savage beating for no apparent reason.. TMZ.com
An accident on the set of an upcoming heist film starring Eddie Murphy and Keke Palmer has injured several crew members. The Hollywood Reporter has confirmed the incident happened on the set of Amazon MGM Studios' upcoming film 'The Pickup' starring Murphy and Palmer, which is shooting in Atlanta, on Saturday. Per an Amazon MGM Studios spokesperson, the accident occurred during a second unit action sequence that had previously been rehearsed. The spokesperson stated, "Unfortunately, the sequence did not go as planned and several members of the crew were injured as a result."
Credit: The Hollywood Reporter Duration: 01:10Published
This Day in History: , Hank Aaron Breaks Babe Ruth’s
All-Time Home Run Record.
April 8, 1974.
Aaron hit his 715th home run
to earn the new record in front of
a crowd of 53,775 in Atlanta.
He hit the record-breaking homer
off a pitch from LA Dodgers' Al Downing.
The extraordinary achievement
would remain in place until 2007.
Aaron made his major league debut
with the Milwaukee Braves in 1954.
Over the span of his 23-year career,
Aaron played for the Braves in both Milwaukee and
Atlanta. He ended his career with the Milwaukee Brewers.
When he retired in 1976,
he had 755 home runs.
He was inducted into the
Baseball Hall of Fame in 1982
Credit: Wibbitz Top Stories Duration: 00:56Published
This Day in History: , Dr. Martin Luther King Jr. Is Assassinated.
April 4, 1968.
King was shot and killed
as he stood on the second-floor balcony
of the Lorraine Motel in Memphis, TN.
The “apostle of nonviolence”
had gone to Memphis in support
of a sanitation workers' strike.
Widely recognized as the most prominent
face of the American Civil Rights Movement,
Dr. King was just 39 years old.
In a prophetic speech the night before his murder,
King stated that, “I’ve seen the promised land.
I may not get there with you.".
Petty criminal James Earl Ray was arrested
two months later and eventually
pleaded guilty to King's assassination.
After being sentenced to 99 years in prison,
Ray recanted his confession. Questions of a
conspiracy to assassinate Dr. King continue to linger.
King's death sparked riots in
more than 100 American cities.
On April 9, tens of thousands of mourners
lined the streets of Atlanta to pay their respects
on the day King was laid to rest
Credit: Wibbitz Top Stories Duration: 01:07Published
'Curb Your Enthusiasm' has captured the attention of Georgia's Secretary of State. The season premiere of the final season of the HBO comedy featured Larry David being arrested for violating Georgia's election integrity law for giving his friend Leon Black's aunt a bottle of water while she waited in line to vote on a hot day in Atlanta. He's now facing a looming trial on the series. The storyline must have made its way to the state capitol, because last month Georgia's Secretary of State, Brad Raffensperger, sent a letter to David addressing the plotline about the 2021 voting law.
Credit: The Hollywood Reporter Duration: 01:52Published