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DALLAS — Delta and United became the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. That is squeezing smaller low-fare carriers like Spirit Airlines , which recently filed for bankruptcy protection. Some travel-industry experts think Spirit’s troubles indicate that travelers on a budget will be left with fewer choices and higher prices. Other discount airlines are on much better financial footing than Spirit, but they too are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic . Most industry experts think Frontier Airlines and other so-called ultra-low-cost carriers will fill the vacuum if Spirit shrinks , and that there is still plenty of competition to prevent prices from spiking. Spirit Airlines lost more than $2.2 billion since the start of 2020. Frontier has not reported a full-year profit since 2019, though that slump might end this year. Allegiant Air’s parent company is still profitable, but less so than before the pandemic. Those kind of numbers led United Airlines CEO Scott Kirby to declare recently that low-cost carriers were using “a fundamentally flawed business model” and customers hate flying on them. Kirby’s touchdown dance might turn out to be premature, but many analysts are wary about the near-term prospects for budget airlines, which charge cheaper fares but more fees than the big airlines. A traveler speaks with a Spirit Airlines agent May 24 at Hartsfield-Jackson Atlanta International Airport ahead of Memorial Day in Atlanta. Low-cost airlines grew in the last two decades by undercutting big carriers on ticket prices, thanks in large part to lower costs, including hiring younger workers who were paid less than their counterparts at Delta Air Lines, United and American Airlines . Wages soared across the industry in the past two years, however, narrowing that cost advantage. The big airlines rolled out and refined their no-frills, “basic economy” tickets to compete directly with Spirit, Frontier and other budget carriers for the most price-sensitive travelers. The budget airlines became less efficient at using planes and people. As their growth slowed, they wound up with more of both than they needed. In 2019, Spirit planes were in the air an average of 12.3 hours every day. By this summer, the planes spent an average of two more hours each day sitting on the ground, where they don't make money. Spirit's costs per mile jumped 32% between 2019 and 2023. Another issue is that airlines added too many flights. Budget airlines and Southwest Airlines were among the worst offenders, but full-service airlines piled on. To make up for a drop in business travel, the big carriers added more flights on domestic leisure routes. The result: Too many seats on flights into popular tourist destinations such as Florida and Las Vegas, which drove down prices, especially for economy-class tickets. Rows of seats are shown Sept. 26 on a retrofitted Southwest Airlines jet at Love Field in Dallas. Low-cost airlines are responding by following the old adage that if you can't beat them, join them. That means going premium, following the rapidly growing household wealth among upper-income people. The top one-fifth of U.S. households by income added $35 trillion in wealth since 2019 and holds nearly nine times the wealth of the middle fifth, according to the Federal Reserve . Frontier Airlines organized its fares into four bundles in May, with buyers of higher-priced tickets getting extras such as priority boarding, more legroom and checked bags. The airline dropped ticket-change or cancellation fees except for the cheapest bundle. Spirit followed in August with similar changes, blocking middle seats and charging passengers more for the comfort of aisle and window seats. Spirit Airlines CEO Ted Christie received a $3.8 million retention bonus a week before the Florida-based carrier filed for Chapter 11 bankruptcy. Christie will retain the bonus if he remains with the company for another year. The airline's stock has dropped over 90% this year. It has faced challenges including a blocked $3.8 billion merger with JetBlue and failed talks with Frontier. The pandemic disrupted Spirit's operations and travel patterns, reducing its daily aircraft utilization and increasing costs. Demand has shifted to full-service airlines as higher-income travelers vacation more, while inflation impacts lower-income consumers. JetBlue Airways , which began flying more than 20 years ago as a low-cost carrier but with amenities, is digging out from years of steady losses. Under new CEO Joanna Geraghty, the first woman to lead a major U.S. airline, JetBlue is cutting unprofitable routes, bolstering core markets that include the Northeast and Florida, and delaying deliveries of $3 billion worth of new planes. Starting next year, Southwest Airlines will toss out a half-century tradition of “open seating” — passengers picking their own seat after boarding the plane. Executives say extensive surveying showed 80% of customers preferred an assigned seat, and that's especially true with coveted business travelers. More crowded planes also might be pushing passengers to spend more to escape a middle seat in the back of the plane. A Frontier Airlines jet takes off July 5, 2022, from Denver International Airport in Denver. In other parts of the world, budget carriers are doing just fine. They bounced back from the pandemic just like their more highbrow competitors. Some industry experts say low-cost carriers in Asia and Europe have always attracted a more diverse mix of passengers, while in the U.S., affluent and middle-class travelers look down their noses at low-cost carriers. Jamie Baker, an analyst for JPMorgan, says he has many college friends who work in London and fly Irish airline Ryanair all the time, but he hardly knows anyone who has ever been on a Spirit or Frontier plane. A small plane tows a banner April 13, 2016, over Flint Bishop International Airport as part of ceremonies marking Allegiant Air joining the airport. Delta CEO Ed Bastian is less dismissive of the “lower-end carriers” in the U.S. than United's Kirby. "I don’t see that segment ever disappearing,” Bastian said after Spirit’s bankruptcy filing. “I think there’s a market for it.” At the same time, he said the upscale moves by ultra-low-cost carriers are having no effect on his airline. Delta targets upscale travelers but also introduced basic-economy fares a decade ago, when discounters emerged as a growing threat to poach some of Delta's customers. “Just calling yourself a premium carrier and actually being a premium carrier are two totally different things,” Bastian said “It's not the size of the seat or how much room you have; it's the overall experience.” As frequent flyers know, air travel isn't cheap. With the summer months in full swing, demand for air travel is expected to reach record numbers in 2024 as airlines continue to recover after the COVID-19 pandemic. Luckily for those who are looking for ways to save on travel , one way to cut costs on your next vacation may be in finding the right places to fly in and out of. FinanceBuzz looked at average domestic airfares from the 45 busiest airports in the U.S. to learn which airports are best for travelers on a budget, as well as which ones to avoid if you are trying to travel affordably. Overall, the national average airfare cost decreased by 3.1% from 2022 to 2023 when adjusted for inflation (which translates to a 0.9% increase in non-adjusted dollars). The last time inflation-adjusted airfare costs dropped year-over-year was during the start of the COVID-19 pandemic, when it fell 18% between 2019 and 2020. Largely, this is good news for consumers who can spend less on airfare and have more room in their budget for hotels , restaurants, and other travel fees. In addition to earning rewards on airfare, most travel credit cards offer rewards for spending in these areas, which can offset overall vacation costs. Based on Bureau of Transportation Statistics, the above chart shows inflation-adjusted average airline fares over the past 25 years. For this report, we compared domestic airfares from the 45 busiest airports in the U.S. using data published by the U.S. Department of Transportation . Orlando International Airport (MCO) had the lowest airfare cost in the country at $265.58 on average. Home to iconic theme parks like Universal Studios, Sea World, and most notably, Walt Disney World, Orlando is one of America's top tourist destinations. This is welcome news for those bracing for expensive park tickets and food prices at the House of Mouse. Beyond saving with a Disney credit card on park-related purchases, visitors can also maximize savings by using a credit card like the Chase Sapphire Reserve which offers an annual travel credit, or even using a 0% APR credit card if you don't want to pay for your entire vacation at once. Another Florida-based airport, Fort Lauderdale-Hollywood International Airport (FLL), has the second-lowest average airfare cost in the country — tickets here are only about $5 more expensive than Orlando's. Just a few dollars behind FLL is Las Vegas's Harry Reid International (LAS), where fares cost $272.15 on average. LAS is also the last airport on our list where average airfare costs are less than $300. Oakland International Airport (OAK) has the fourth-lowest average airfare costs in the country at $303.79. And the fifth-least expensive airport, Chicago Midway International (MDW), comes in at $308.27. For the third year in a row, Dulles International Airport (IAD) and San Francisco International Airport (SFO) have the two highest average fares in the country. Flights from Dulles cost $488.40 on average in 2023, while flights from San Francisco cost $444.59. Some silver lining for travelers who need to travel through Dulles: IAD is home to some of the best airport lounges in the country, including the recently-opened Capital One Lounge, available to Capital One Venture X or Venture Rewards credit card holders. With free food, drinks, and recharging stations, lounges can be one easy way to offset otherwise-expensive airport costs. Salt Lake City International Airport (SLC) has the third-highest average airfare in the country, with an average cost of $438.34. Last on our top-five list of the most expensive airports are Charlotte Douglas International Airport (CLT) and Detroit Metro Airport (DTW). Average airfare from Charlotte cost $436.80 last year, while flights from Detroit had an average price tag of $427.05. Seattle-Tacoma International Airport (SEA) was the biggest affordability winner over the last year, dropping prices by more than $18 on average. SEA jumped from 36th most-affordable place last year to 28th place this year — an increase of eight spots. Raleigh-Durham International Airport (RDU) and Portland International Airport (PDX) experienced similar jumps, rising by seven spots each. RDU went from 24th place in 2022 to 17th in 2023, while PDX went from 42nd to 35th. Two different airports fell by eight spots in our affordability rankings, tied for the biggest drop of the year. The average fare at Sacramento International Airport (SMF) rose by $18.66 year-over-year, which led SMF to go from 18th in last year's affordability rankings to 26th this year. Prices rose even more at St. Louis Lambert International Airport (STL), going up by $19.64 on average from one year to the next. Consequently, STL fell from 21st to 29th place in terms of affordability. As you plan your travel, you'll find costs can vary widely at a single airport. With a little research and smart planning, you can find a deal at any airport. Here are a few tips to save on airfare: We looked at 2023 airfare data released by the U.S. Department of Transportation in May 2024 to compare domestic airfares by origin city. This report calculated average fares based on domestic itinerary fares. "Itinerary fares" consist of round-trip fares, unless only a one-way ticket was purchased. In that case, the one-way fare was used. Fares are based on total ticket value, including the price charged by the airline plus any additional taxes and fees levied at the time of purchase. Fares include only the price paid at booking and do not include fees for optional services like baggage fees. Averages also do not include frequent-flyer or "zero fares" or a few abnormally high reported fares. This stor y was produced by FinanceBuzz and reviewed and distributed by Stacker Media. Stay up-to-date on what's happening Receive the latest in local entertainment news in your inbox weekly!OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'
China launches newest Long March rocket, carrying ‘test satellites’ for broadband networksPUNE: NCP (SP) chief Sharad Pawar on Saturday said some people had raised red flags on possibility of "30% vote manipulation" ahead of the recent assembly polls in Maharashtra, and the election outcome prima facie showed there was truth to the claims. "Before elections, some people made a presentation that it is possible (to increase votes through manipulation), and they also raised a red flag saying it will be done in the elections. It was our shortcoming that we did not pay heed to them," Pawar said, questioning role of EC. "We never thought that EC would go to that extent in taking a wrong stand. After the poll results, however, prima facie it appears that the red flags raised by those people held some truth," he said when asked about opposition's take on EVM issue. Pawar was at Pune's Mahatma Phule Wada to meet 95-year-old social worker Baba Adhav, who is on a hunger strike against the alleged corruption and use of money in the recent elections. After the meeting, the veteran politician said, "Parliamentary democracy looks in danger, given the current situation. Those in govt have no interest in this." "Opposition has been raising the issues in Parliament for the last six days, but not even for a minute has the discussion happened on issues of national interest," Pawar said. Despite EC's repeated assertions denying the possibility of EVM tampering, opposition parties have been alleging manipulation of voting machines in the assembly polls, questioning the spurt in number of votes polled in the last hour of voting. During his interaction with Adhav, Pawar said some people had claimed 30% of votes could be added to increase the vote count. On Congress's plan to launch a nationwide movement over the EVM issue, he further said, "The issue was raised in Congress Working Committee's meeting, where it was suggested that it should be raised by members of the INDIA bloc at national level. A decision on the issue is expected either on Monday or Tuesday." Speaking about Adhav's hunger strike, the veteran politician said, "Adhav's agitation has given voice to concerns of common people, but he will need support."
Glasgow tenement blocks could be converted to tackle homeless figuresNEW YORK CITY—Former U.S. Rep. Anthony Weiner (D-N.Y.) has filed to launch a candidacy for a seat on the New York City Council next year, to make a potential political comeback following a series of scandals over sexting and a criminal conviction for obscene online contact with a minor. Weiner, 60, told the Associated Press that he is “still exploring” whether to run. District 2 encompasses a broad swath of some of Lower Manhattan’s most iconic neighborhoods, such as Gramercy, the Lower East Side, Greenwich Village, the East Village, Flatiron, Union Square, and Murray Hill. Carlina Rivera, a progressive Democrat with a focus on abortion access and transgender rights, currently represents the district on the City Council. After numerous investigations into sexual improprieties and a criminal conviction that sent him to prison for 21 months, Weiner has tried, so far without success, to make a political comeback. Weiner launched a run for mayor of New York in 2013 and failed to get past fifth place in the primaries. He had previously run for the same office, without success, in 2005. In 2011, Weiner engaged in sexting with social media users, causing a scandal that led to his announcement on June 16, 2011, that he would resign from the U.S. House of Representatives. Not long after his entry into the 2013 mayoral race, reports emerged that Weiner had used an alias to send sexually explicit photos to a 22-year-old woman. Another scandal erupted in August 2016 around reports that Weiner had sent a woman an image of himself lying in bed with his son. His then-wife Huma Abedin, a longtime close aide to former Secretary of State and two-time presidential candidate Hillary Clinton, filed for divorce in 2017. The two later agreed to negotiate their separation privately. In September 2016, allegations that Weiner had sent obscene content to a 15-year-old girl in North Carolina prompted officials to seize Weiner’s laptop. After a discovery of certain emails on the laptop, then-FBI Director James Comey reopened an investigation into then-presidential candidate Hillary Clinton’s improper use of a private email server for sensitive official matters. Prior to the reopening of the investigation, many polls had heavily favored Clinton. To this day, many people, including Clinton herself, believe that Weiner’s improprieties helped hand Donald Trump the presidency in November 2016. In 2017, Weiner received a 21-month prison sentence after pleading guilty to having sent obscene content to a 15-year-old girl in North Carolina. He served his sentence and was released from prison in 2019, and ordered to register as a sex offender.
The 10 best running shoe Black Friday deals picked by an experienced distance runnerIt’s not hard to understand the value tight end Josh Oliver brings to the Vikings. Just listen to the way people talk about him. “He’s an animal,” tight end T.J. Hockenson said. “Once he gets his hands on somebody, it’s kind of like, ‘Good luck.'” It was similar sentiment from offensive coordinator Wes Phillips. “He’s the best blocking tight end in the league, and that’s no disrespect to anybody else,” Phillips said. “We will take Josh over anybody in this league in the role that he’s in. It’s not only that he’s physically imposing as a 270-pound man. It’s the attitude that he plays with out there.” What are the Vikings losing now that Oliver has been ruled out with an ankle injury? His absence will be felt most when the Vikings try to run the ball against the Chicago Bears on Sunday afternoon at Soldier Field. Though he has proved he can contribute in the passing game, Oliver has been a force in the running game since signing with the Vikings. There have been multiple times this season that Oliver had singlehandedly carved out space for running back Aaron Jones to go to work. That’s partially why Hockenson has played only about 50% of the offensive snaps since returning from a torn anterior cruciate ligament a few weeks ago. Even if the Vikings are often telegraphing a run when Oliver is on the field, they don’t care because they feel that strongly about his ability as a blocker. “You see it every single week,” Phillips said. “He’s moving large men and putting them on the ground.” It’s safe to assume Oliver would suit up for the Vikings if he were able to do so. He’s been playing through a wrist injury for the past few weeks, for example, and has still been extremely effective at the point of attack. How tough is it to replace Oliver in a vacuum? “It’s a big challenge because of all the things he does on a snap in and snap out basis,” head coach Kevin O’Connell said. “We will see some guys make some impacts on some different downs and distances than we have maybe seen up to this point.” Briefly The only other players on the injury report for the Vikings are tight end Nick Muse (hand) and edge rusher Gabe Murphy (knee). Both players were officially listed as questionable and being full participants in the walkthrough on Friday afternoon at TCO Performance Center.
Percentages: FG .448, FT .875. 3-Point Goals: 1-16, .063 (Dezonie 1-2, Berry 0-1, Brown 0-2, Stanford 0-2, Gray 0-3, Mashburn 0-3, Settle 0-3). Team Rebounds: 4. Team Turnovers: None. Blocked Shots: 4 (Berry 2, Durodola, Settle). Turnovers: 15 (Berry 5, Mashburn 4, Dezonie 2, Durodola, Gray, Settle, Stanford). Steals: 4 (Dezonie 2, Brown, Durodola). Technical Fouls: Gray, 9:51 second. Percentages: FG .395, FT .750. 3-Point Goals: 7-25, .280 (McKeithan 3-6, Lilley 2-4, Marrero 1-4, Shepherd 1-5, White 0-2, Vahlberg Fasasi 0-4). Team Rebounds: 7. Team Turnovers: 1. Blocked Shots: 8 (Lilley 2, Jones, Marrero, McKeithan, Shepherd, Vahlberg Fasasi, White). Turnovers: 6 (White 2, Jones, Marrero, Shepherd, Vahlberg Fasasi). Steals: 12 (Marrero 3, Jones 2, McKeithan 2, White 2, Etienne, Lilley, Vahlberg Fasasi). Technical Fouls: None. .Kathy Griffin Offers to Lead X-Rated Version of ‘The Golden Bachelorette’
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Cloud Analytics Market Economic Impact and Forecast 2024-2031 11-30-2024 06:14 PM CET | IT, New Media & Software Press release from: SkyQuest Technology The Cloud Analytics Market is experiencing rapid growth, fueled by advancements in hardware, software, and digital infrastructure. With services spanning cloud computing, cybersecurity, data analytics, and artificial intelligence, the market is at the forefront of digital transformation across industries. Emerging technologies such as 5G, blockchain, and IoT are unlocking unprecedented opportunities, driving innovation and expansion. Get a Free Sample Report With Table Of Contents: https://www.skyquestt.com/sample-request/cloud-analytics-market Market Size and Growth: Global Cloud Analytics Market size was valued at USD 484.23 Billion in 2022 and is poised to grow from USD 565.58 Billion in 2023 to USD 1959.01 Billion by 2031, growing at a CAGR of 16.8% in the forecast period (2024-2031). The most valuable investment indicators are insights into key market trends, making it easier for potential participants to make informed decisions. The research seeks to identify numerous growth opportunities that readers can consider and capitalize on by utilizing all the relevant information. By closely analyzing critical factors that influence growth, such as pricing, production, profit margins, and value chain dynamics, future market expansion can be predicted with greater precision. Key Market Players: Oracle Corporation Microsoft Amazon Web Services (AWS) Google IBM SAP Salesforce Snowflake Domo Tableau Qlik SAS Institute Teradata Region-wise Market Insights The regional analysis offers detailed breakdowns of revenue, sales, and market share for key geographies. This section includes future growth projections, pricing strategies, and other critical metrics. Regions covered in the report: North America: United States, Canada, Mexico Europe: Germany, France, UK, Russia, Italy Asia-Pacific: China, Japan, Korea, India, Southeast Asia South America: Brazil, Argentina, Colombia Middle East & Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa For Personalized Insights, Speak with Our Experts: https://www.skyquestt.com/speak-with-analyst/cloud-analytics-market Segments covered in the Cloud Analytics Market include: Service Model SaaS, IaaS, PaaS, Data Management, BPaaS Type Managed Services, Professional Services Deployment Model Private Cloud, Hybrid Cloud, Public Cloud Cloud Analytics Market Size and Scope The Cloud Analytics market has shown significant growth in recent years, fueled by rising demand for power electronics across industries such as automotive, telecommunications, and renewable energy. This market is set to grow further as the global adoption of electric vehicles and renewable energy increases. Cloud Analytics are highly valued for their superior thermal conductivity, electrical insulation, and mechanical strength, making them essential components in power modules and electronic devices. With ongoing technological and manufacturing advancements, the applications of Cloud Analytics are expected to expand, encompassing a broader range of uses in the near future. For a Comprehensive Report on the Cloud Analytics Market 2024, Visit: https://www.skyquestt.com/report/cloud-analytics-market Frequently Asked Questions What are the key global trends influencing the market? Who are the top manufacturers, and what are their strategies? How is the market evolving across regions? What are the major challenges and opportunities in the Cloud Analytics Market? About Us: SkyQuest is an IP-focused Research and Investment Bank and Technology Accelerator. We offer access to technologies, markets, and financing across sectors like Life Sciences, CleanTech, AgriTech, NanoTech, and Information & Communication Technology. We collaborate closely with innovators, entrepreneurs, companies, and investors to help them leverage external R&D sources and optimize the economic potential of their intellectual assets. Our expertise in innovation management and commercialization spans North America, Europe, ASEAN, and Asia Pacific. Contact: Mr. Jagraj Singh Skyquest Technology 1 Apache Way, Westford, Massachusetts 01886, USA (+1) 351-333-4748 Visit our website: Skyquest Technology This release was published on openPR.
Can't fix blame on one person, says Telugu film industry HYDERABAD: Telugu film industry came out Friday in support of Allu Arjun , saying he alone could not be held responsible for the Dec 4 theatre stampede that left a woman dead. Writer-director Trivikram Srinivas went to Nampally criminal court where Allu was produced after his arrest and spoke in support. Top producer Dil Raju was at Chikkadpally police station after police arrested Allu. He, however, refused to speak to the media. Actor Nani took to social media, saying: "We are all at fault here. One person is not responsible for this. I wish the kind of enthusiasm govt authorities and media show in anything related to people from cinema was also there for common citizens. Then we can all live in a better society". Balakrishna, actor and MLA of Andhra Pradesh's governing TDP, joined the chorus for Allu, terming his arrest "an act of injustice". "We will stand with Allu Arjun at this time," Balakrishna said. Actor Rahul Ramakrishna dubbed Allu's arrest "a tactic of the state to lay blame easily on soft targets like film celebrity figures". "The failure of law and order is not one man's fault or responsibility. Aren't cinemas and theatres public spaces? Isn't an individual allowed to visit one according to their choice? Regardless of the star's appearance and the tragic incident, why did police let such a huge crowd run amok in the first place?" Ramakrishna wrote. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .Everfuel and Karlstads Energi gets funding notification for potential project in Sweden