JetBlue launches hostile takeover bid for Spirit Airlines

Terminal A at LaGuardia International Airport for JetBlue and Spirit Airlines in New York. Leslie Joseph | CNBC Jet Blue Airways launched a hostile takeover bid for Spirit Airlines the Monday after rejected carrier JetBlue’s $33 per share cash offer earlier this month. JetBlue said acquiring Spirit would give it access to a large fleet … Read more

Do you really need to arrive at the airport three hours early?

Photo: Bignai (Shutterstock) For decades, popular wisdom has advised arriving at the airport three hours before an international flight. But does this travel tip come? And does it still hold water? Let’s find out. What does the TSA recommend? The Transportation Security Administration doesn’t actually offer any official recommendations on when to check into the … Read more

Hoping to snag a cheap airline ticket for summer travel? Good luck, new inflation data show

Airfare costs have taken off ahead of a summer travel season running on steep demand and high gas prices, according to new price inflation data released Wednesday. The record-breaking cost increase for airline tickets stood out in a Consumer Price Index reportt that showed an overall 0.3% increase in the cost of living from March … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

Rocket Lab CEO touts helicopter rocket capture as key to reusable targets

The Electron thruster comes into view of the company’s helicopter for capture. rocket lab rocket lab CEO Peter Beck called the company’s first attempt to catch its Electron rocket booster using a helicopter after launch Monday as “phenomenal”, telling CNBC that the test “achieved 99%” of the company’s goals for rocket reuse. “Yesterday was a … Read more

Rocket Lab CEO touts helicopter rocket capture as key to reusable targets

The Electron thruster comes into view of the company’s helicopter for capture. rocket lab rocket lab CEO Peter Beck called the company’s first attempt to catch its Electron rocket booster using a helicopter after launch Monday as “phenomenal”, telling CNBC that the test “achieved 99%” of the company’s goals for rocket reuse. “Yesterday was a … Read more

Airlines face big rebooking challenges this summer

Airline passengers, some not wearing face masks after Covid-19 public transport rules ended, sit on an American Airlines flight operated by SkyWest Airlines from Los Angeles International Airport (LAX) in California in Denver, Colorado on April 19, 2022. Patrick T. Fallon | AFP | Getty Images Airlines that once touted global destinations, adventure, luxury or … Read more

Most expensive state for car insurance – plus what it costs in each state

A NerdWallet survey reveals that switching car insurance could save good drivers around $417 per year. Adobe Stock (New Africa) There’s no doubt that car insurance is expensive – NerdWallet reveals the average cost of car insurance is $1,630 per year — and a company survey finds the change could save good drivers about $417 … Read more