Top News & Analysis Hawaii

  • WASHINGTON, May 21- U.S. summer air travel will hit a new record this year despite the grounding of Boeing's 737 MAX aircraft after two fatal crashes, a group representing major airlines said on Tuesday. It launched service to Hawaii earlier this year but has had to defer flying there from San Diego and Sacramento because of the MAX groundings.

  • DENVER, May 15- Boeing Co made mistakes with its 737 MAX planes that need to be addressed, Southwest Airlines Co Chief Executive Officer Gary Kelly told shareholders on Wednesday, but he said he is still hopeful that the jets grounded after two crashes will return to service in the U.S. summer. Southwest, which only flies 737 s and is the world's largest MAX operator,...

  • It's more than you might think.

  • The Dallas- based carrier said it lost more than $200 million in revenue during the first quarter after canceling more than 10,000 flights because of the worldwide MAX grounding, partial U.S. government shutdown, winter storms and maintenance disruptions. The timeline and eventual cost of getting the MAX back into service is a "prominent wild card" for...

  • *SOUTHWEST EXECUTIVE SAYS WILL CONTINUE TO ADD HAWAII SERVICE IN SECOND QUARTER. *SOUTHWEST SAYS WILL USE ITS 737 MAX JETS AS SPARES IF GROUNDING IS LIFTED BEFORE AUG 5. *SOUTHWEST SAYS SEEING STRONG DEMAND FOR HAWAII FLIGHTS, STARTING TO RAISE FARES.

  • April 25- Southwest Airlines Co forecast better-than-expected second-quarter revenue growth on Thursday, citing demand from leisure and business customers, even as the low-cost carrier is forced to cancel flights due to the grounding of Boeing's 737 MAX jets. "We're an all-Boeing 737 carrier," Southwest Chief Executive Gary Kelly told CNBC.

  • April 25- Southwest Airlines Co forecast better-than-expected second-quarter revenue growth on Thursday, citing demand from leisure and business customers, even as the low-cost carrier is forced to cancel flights due to the grounding of Boeing's 737 MAX jets. "We're an all-Boeing 737 carrier," Southwest Chief Executive Gary Kelly told CNBC.

  • Southwest reported first-quarter net profit of $387 million, or 70 cents per share, compared with $463 million, or 79 cents per share, in the year-ago quarter. That beat Wall Street's average estimate of 61 cents per share, according to IBES data from Refinitiv. Total operating revenue at the airline, which launched a service to Hawaii from California last month,...

  • April 25- Southwest Airlines Co beat Wall Street's lowered estimates for first-quarter profit on Thursday, as higher passenger revenue reduced the impact of more than 10,000 flight cancellations caused by winter storms, maintenance disruptions and the grounding of Boeing Co 737 MAX jets. Southwest reported net profit of $387 million, or 70 cents per share,...

  • ZHUHAI, China, April 25- China's powerful military is considered to be a master at concealing its intentions. China's military is now making giant strides toward replacing the United States as the supreme power in Asia. Across almost all categories of these weapons, based on land, loaded on strike aircraft or deployed on warships and submarines, China's missiles...

  • April 25- Southwest Airlines Co reported a 16 percent drop in quarterly profit on Thursday, saying a U.S. government shutdown, maintenance disruptions and the grounding of its Boeing 737 MAX jets knocked $150 million off its bottom line. Dallas, Texas- based Southwest, the world's largest MAX operator with 34 jets in its fleet and dozens more on order, said it lost...

  • Hawaiian Airlines plane

    Hawaiian Airlines CEO Peter Ingram joins CNBC's "Closing Bell" team to talk about the airline industry, travel trends, earnings and more.

  • TOKYO, April 23- Japan's unprecedented 10- day holiday to celebrate Crown Prince Naruhito's enthronement is expected to give the sluggish economy at least a short-term boost. A record 24.7 million people- about one-fifth the country's population- are expected to travel, according to travel agency JTB Corp., mostly within the country. Japanese have made travel...

  • HOUSTON, March 26- Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share. After dissolving a partnership with Royal Dutch Shell PLC two years ago, Motiva set out to rebuild and...

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  • American Airlines, for example, had most of its 24 MAX jets flying in and out of Miami, where load factors have been full during the Spring Break season. "We can't just cancel all of those flights, so the goal is to spread out the cancellations across our entire system to impact the least amount of customers," American Airlines spokesman Ross Feinstein said.

  • DUBLIN/ SINGAPORE/ MONTREAL March 15- The grounding of Boeing's global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane. The disaster followed a fatal crash of the same model operated by Lion Air in Indonesia in...

  • DUBLIN/ SINGAPORE/ MONTREAL March 15- The grounding of Boeing's global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane. The disaster followed a fatal crash of the same model operated by Lion Air in Indonesia in...

  • Alaska Airlines CEO: Not focused on daily stock movement, we are running a great airline

    CNBC's Phil LeBeau talks with Alaska Airlines CEO Brad Tilden about the global slowdown and the pressure that transportation stocks are seeing.