WEDNESDAY MAY 08, 2024
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Tag: trans world airways
STORIES Feb 23, 2024 The 1956 Grand Canyon Mid-Air Collision: The Crash That Created the Modern Air Traffic Control System The summer morning of June 30, 1956, disaster began with a sudden bang and the sickening crunch of metal crashing into metal. This incident facilitated the creation of the modern en route air traffic control system, which has made commercial aviation the safest means of transportation in human history. Read More →
INFORMATIONAL Feb 20, 2024 What Can JetBlue Expect After Activist Investor Carl Icahn Acquired a 10% Stake in the Airline? Activist investor Carl Icahn has taken a 10% interest in JetBlue by purchasing 33.6 million shares of its stock in January and February. His investment has caused a more than 18% rise in the prices of JetBlue stock, a phenomenon known as theĀ Icahn Rise. There are several possible reasons for Icahn taking a stake in JetBlue, ranging from a simple profit-taking opportunity to long-term airline control. Read More →