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.
The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people.
After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, Moody's, Paramount, and Golden Dome.
Smoke that filled the cabin of a Delta flight as it took off from the Atlanta airport in February was so thick the led flight attendant had trouble seeing past the first row of passengers and the pilots donned oxygen masks as a precaution.
Arjan Stephens, President of Nature's Path, discusses the company's origin, how it has evolved today and the interesting product that came from his wedding!
Small business reporter, Gene Marks, joins Cheddar to give analysis on how small businesses are tackling incoming tariffs and how it will affect the consumer.
