Deira Trading Company

DOT fines JetBlue for ‘chronically delayed flights’

JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York on June 15, 2013. Fred Prouser | Reuters The Department of Transportation fined JetBlue Airways $2 million for “chronically delayed flights,” the first penalty of its kind, the DOT said Friday. JetBlue operated four routes that were delayed […]

Hindenburg shorts Carvana, calls turnaround a ‘mirage’

CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used-car retailer’s recent turnaround is a “mirage” that is being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s practice of loan sales as well as the business relationship […]

These airlines were the most on time in 2024

Travelers view the arrival and departure boards at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Air travel demand continued to surge in 2024, led by a bounce back in international trips. From January through October alone, revenue-passenger miles worldwide, a […]

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