As the holidays creep closer airlines get ready for one of the busiest times of the year. Jim Corridore, Airline and Logistics Analyst at CFRA, joins The Long and The Short to discuss which airlines are winning this year.
Corridore has a very positive outlook on the airline industry going into 2018, because travel demand is strong. He says this industry has been raking in money over the past three years--after many years of debt--and is investing in its products. When it comes to American Airlines, Corridore credits its recent success to CEO Doug Parker. He expects the company to be able to outgrow its competitors in revenue over the next few years.
In the news this week, many airlines have banned smart luggage. Passengers have to remove batteries if they are carrying on computers, etc. Until lithium batteries are proven safer, he believes all airlines should ban anything operating with one.
Rising oil prices tied to the Iran conflict are driving up gas and airfare costs, creating new challenges for travelers heading into the spring break season.
The Supreme Court strikes down Trump-era tariffs, limiting presidential trade powers and raising questions about refunds, global trade, and business impact.
New research from GoDaddy and UCLA shows small businesses signal shifts in GDP, jobs, and digital growth earlier than traditional data or Wall Street trends.
GoFundMe launches Back in Business Fund with Paris Hilton to provide targeted grants helping women entrepreneurs recover and rebuild after natural disasters.
Samsung launches its “AI in Action Lab” in NYC, giving public high school students hands-on AI experience and tools to prepare for real world innovations.
Gen Z workers are increasingly worried AI could replace their jobs. However, experts say companies are using AI more to assist workers than replace them.
Matt Schultz of CleanSpark discusses Bitcoin mining and AI infrastructure converge, energy demand dynamics, and the company’s position in the evolving market.
Bhavin Shah of ServiceNow discusses how the new Autonomous Workforce AI automates tasks, integrates with Teams and Slack, and boosts workplace efficiency.
