Exclusive: Heathrow Airport insiders say its once-a-decade terminal occupancy changes are backed by carriers accounting for 80pc of the hubโs passengers - but Virgin Atlantic is definitely not among them. Full story here: https://t.co/QHtj53CNpK
last winter my friends and I all left our phones at the apartment and went out in nyc on a friday, from like 11am to 4am. all we had was a disposable camera, credit card, and a napkin with some emergency phone numbers written down.
we got lost, had to ask for directions, made small talk with strangers, made new friends, went to ten different bars. no joke, it was the best day ever. can't recommend enough.
2nd annual no phone day city crawl will be happening
United's CEO says he won't buy JetBlue. I think he'll buy the best parts of it anyway.
Scott Kirby's words: "The last thing I'm going to do is buy a route network that loses money." To make it work, he said, United would have to improve JetBlue's margin by 25 points, which "seems mathematically close to impossible." Asked again on last week's earnings call, he said he'd done enough talking this year about the "c word."
But JetBlue is now worth $990 million, its loyalty bonds trade under 50 cents on the dollar, and United already has a foot in the door. Their Blue Sky partnership lets members earn miles on both, and United gets up to 7 daily round trips from JetBlue's new JFK terminal as early as 2027.
What United would really want is JFK. It left in 2022 after failing to get enough slots. JetBlue holds 337 of JFK's 1,497. Together they'd have 26%, still behind Delta's 29%.
The problem is everywhere else. Together they'd be #1 in Boston with 34% of seats and have 35% of Fort Lauderdale. Judges blocked JetBlue's alliance with American in 2023 and its Spirit deal in 2024.
So the more likely path is a bankruptcy sale, airline by the piece. American bought TWA's assets out of bankruptcy in 2001 for about $742 million, and regulators let it through. This year Spirit's slots, gates, and planes went to different buyers.
The catch is TrueBlue. The loyalty program and its credit card deals are pledged to $2.7 billion of debt, and those lenders just hired advisers. Whoever wants TrueBlue deals with them first.
So United never buys all of JetBlue. If JetBlue files, United goes after the JFK slots, maybe Boston, and the newer A321neos, maybe even the A220s. Blue Sky gives it the inside track, though Delta or American could get in the mix. The TrueBlue lenders end up owning what's left.
Ten minutes a day is pretty reasonable.
Imagine if low income utility programs had unlimited free electricity as long as you turned your power off once every 30 minutes. That was the equivalent of how the prior scooter system worked.
As an aside, IQ strongly correlates with walking speed.
The correlation is, like, extremely significant. There are essentially zero outliers.
Top quintile walkers are a full standard deviation smarter than bottom quintile walkers.
Lowk this letter from Mayor Beame to Mayor Mamdani makes me sad, what potential we have squandered. May we fight for a world where we can make good on those aspirations
The GRU hacked into Jared Kushner's iPhone. Dutch military intelligence (MIVD) then recruited a GRU spy who gave them access to the hacked phone. What MIVD discovered was that Kushner had access to two bank accounts --one Azerbaijani, the other Israeli --where Saudi Crown Prince Mohammed bin Salman and Emirati ruler Mohammed bin Zayed deposited money. It sounds like a slightly far-fetched episode of "Slow Horses," but it's real. And it proves just how eye-poppingly corrupt this administration was and continues to be as its "special envoy" decides the fate of tens of millions in Europe in the Middle East. Simply incredible reporting by Matthew Cole, drawn from his new book on Kushner. https://t.co/8AyV60gg1X
I approve this message ... @NYCferry@NYCEDC Opinion: Bring the โPeopleโs Yachtโ to Upper Manhattan and the West Bronx https://t.co/yEZxsaTtac via @CityAndStateNY
If Michelangelo was around today, how would he design a contemporary typeface?
Introducing Michelangelus, a contemporary serif shaped by the artistโs manuscripts, gestures, and monumental artwork.
Read more: https://t.co/epYpVfjNfc
A huge failure of American city planners that people donโt talk about is how bad we were at preserving suburban rights of way for future infrastructure projectsโrail lines, trails, even highway projects. A lot of our metros have both traffic and poor transit as a result.
London Heathrow on the left & Atlanta on the right:
ATL handles double the movements with negligible holding while LHR's stacks are clearly visible in these 24h visuals!
The difference? ATL has 5 parallel runways, LHR just 2. If only LHR could build more runways?!