Cathay Pacific is making big moves at New York's John F. Kennedy International Airport (JFK).
10.06.2024 - 10:09 / nytimes.com
More than a decade ago, executives at Boeing made a pivotal decision: To keep up with the company’s main rival, Airbus, they gave up on the idea of developing a new airplane and raced to update the 737, the company’s most popular jet.
That effort culminated in the 737 Max, which had two fatal crashes in 2018 and 2019 and attracted more scrutiny this year when a panel blew out of one of the planes during a flight in January. The jet’s troubles have left Boeing behind Airbus in the global market for single-aisle planes, which it once dominated.
Now, Boeing, which is expected to appoint a new chief executive by the end of the year, has to make another critical choice: When should it develop its next brand-new plane?
If the company missteps, it could spend billions of dollars and still lose market share to Airbus, which is based in Toulouse, France. Both manufacturers also face a distant but rising threat from China and growing pressure to cut planet-warming emissions.
“That will be one of the most important decisions for whoever steps into the C.E.O. role,” said Ken Herbert, an aerospace and defense analyst at RBC Capital Markets. “Their legacy is going to be defined by what they do with the portfolio.”
Boeing declined to provide comment for this story.
Commercial planes are generally divided into two groups. Narrow-body, or single-aisle, planes like the 737 typically carry 100 to 200 passengers on domestic U.S. flights. Wide-body, or twin-aisle, planes can take more passengers farther — from, say, New York to London or Tokyo.
Cathay Pacific is making big moves at New York's John F. Kennedy International Airport (JFK).
Adani Enterprises is planning to list its airport business — Adani Airport Holdings — by fiscal 2028, according to media reports that quoted Jugeshinder Singh, the group’s chief financial officer.
A big airport can sometimes feel like a teeming metropolis—or an “aerotropolis” as it were, a term coined to describe these rising mega-airport-cum-commerce centers. In fact, the largest U.S. airfields, in terms of area covered, are literally as big as a decent-sized city. And, just like any major city, they also seem to be in a constant state of demolition and reconstruction, with sprawling new terminals being erected to accommodate an ever-growing population of travelers. Last year, U.S. airports handled more than 1 billion passengers flying on U.S. and international carriers, according to the U.S. Bureau of Transportation Statistics, and the number is expected to only continue to rise in the coming years.
Another major international hub is set to get an exclusive airport lounge dedicated to Delta Air Lines premium passengers.
Between January and May 2024, India has emerged as the second-largest international source market – not including Canada and Mexico – for tourism in the U.S., according to data released by the U.S. National Travel and Tourism Office (NTTO).
Cold brew coffee lovers can now enjoy their favorite beverage in the friendly skies. United Airlines will soon add the popular beverage to their in-flight menu. The cold brew, made by the Italian, family-owned coffee manufacturer illy, is brewed for 12 hours before being sealed and sent for distribution to passengers. The official launch of the beverage on board is July 1. However. travelers flying between New York / Newark (EWR) to Los Angeles (LAX) or San Francisco (SFO) will be able to enjoy a preview of the brew on red-eye flights between now and July 3. “We know fliers enjoy a pick-me-up during travel, and illy’s canned cold brew is the perfect beverage option for coffee lovers looking to stay energized and focused during their trip," United's Managing Director of Hospitality Programs Aaron McMillan shared in a statement to T+L. United also shares that cold brew will be available on flights longer than 300 miles, which is a majority of their mainline routes.
Delta Air Lines is ushering in a new era with the opening of its first Delta One Lounge.
As someone who's spent their entire life in the tristate area, I'm always interested in comparing other metropolitan areas to New York City.
American Airlines is planning to open two new lounges — including its more upscale Flagship Lounge — at one of its major East Coast hubs.
Summer is officially here, and Australian airline Qantas is celebrating with a sale that has big savings on trips down under.
Artificial Intelligence (AI), the latest global phenomenon, was a major focus at the Caribbean Tourism Organization’s (CTO) Caribbean Week in New York, where a Ministerial forum looked at leveraging AI for tourism development. During the discussions, Minister of Tourism, Hon Edmund Bartlett highlighted that this technology will be the new frontier for Caribbean tourism and must be harnessed properly to enable more seamlessness within the industry.
Delta Air Lines is gearing up to officially its first hotly anticipated business-class lounge on June 26, and inside, you'll find designs curated by famed Italian fashion house Missoni.