Spirit Airlines’ worth, Tesla’s miss, and drug hikes: Business news roundup
09 Jan
Business News

Spirit Airlines’ worth, Tesla’s miss, and drug hikes: Business news roundup

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Photo: Kevin Carter (Getty Images), Justin Sullivan (Getty Images), Vijayananda Gupta/Hindustan Times (Getty Images), Shelby Tauber/Bloomberg (Getty Images), Andrew Harnik (Getty Images), Image: Chung Seun-Jun (Getty Images), Callaghan O’Hare (Getty Images), Thomas De Wever (Getty Images), Catherine McQueen (Getty Images), Allen J. Schaben / Los Angeles Times (Getty Images)A Spirit Airlines planePhoto: Kevin Carter (Getty Images)Spirit Airlines, which filed for bankruptcy in November, has given investors a peek into its ongoing reorganization. As part of that process, it filed a financial update with the Securities and Exchange Commission that shows its equity is worth less than the compensation paid to its executives in 2023. Read MoreA plane carrying 181 people, Jeju Air Flight 7C2216, crashed at Muan International Airport in South Korea after skidding off the runway and colliding with a wall, resulting in an...
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These airlines saw the most delays and complaints in 2024
10 Dec
Business News

These airlines saw the most delays and complaints in 2024

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The Sunday after Thanksgiving weekend marked a fresh record for US air travel with the Transportation Security Administration screening more than 3 million passengers in a single day. That doesn’t mean everything went smoothly, of course. AirHelp Inc., which facilitates compensation for passengers by processing customer service claims for flight disruptions and lost luggage, has released its annual analysis of the best and worst performing airlines. The 2024 AirHelp Score report published on Tuesday, comes just in time for the holiday season. The airline rankings methodology takes into account customer claims processed worldwide, as well as outside data tracking on-time arrival and departure performance for every plane, plus feedback from passengers from over 54 countries on the quality of food, comfort and crew service on their most recent flight. The aim is to give a snapshot of airline performance,...
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American Airlines tests boarding technology that calls out line cutters
28 Oct
Science & Technology

American Airlines tests boarding technology that calls out line cutters

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Technology tamfitronics American Airlines is testing a new technology at three airports across the country during the boarding process that aims to cut down on passengers who try to cut the line.The technology, which is being tested at New Mexicos Albuquerque International Sunport airport, Arizonas Tucson International airport and Ronald Reagan Washington National airport in Crystal City, Virginia, alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group.The new technology is designed to ensure customers receive the benefits of priority boarding with ease and helps improve the boarding experience by providing greater visibility into boarding progress for our team, American Airlines said in a statement emailed to the Associated Press.American Airlines said that a gate agent politely lets the customer know theyre unable to accept...
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