Leslie Josephs
Leslie Josephs is a seasoned financial journalist with extensive experience covering the business and finance industry. She has provided in-depth reporting on major companies, focusing primarily on the airline industry. Her articles often highlight key issues such as safety concerns, executive decisions, and market trends within the aviation sector. Through her well-researched and insightful writing, Josephs offers readers a comprehensive understanding of the complex dynamics shaping the airline industry today.
Biography:
https://www.cnbc.com/leslie-josephs/
91%
The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
100%
Examples:
- Leslie Josephs consistently presents information without any signs of personal or institutional bias in these articles.
Conflicts of Interest
100%
Examples:
- Leslie Josephs does not disclose any personal or professional conflicts of interest in these articles.
Contradictions
85%
Examples:
- In several instances, Leslie Josephs reports on contradictions and inconsistencies in the statements or actions of various companies and entities, such as Boeing's safety plans, their delivery delays affecting Southwest Airlines, and the airline industry's response to Boeing crises.
Deceptions
75%
Examples:
- In one instance, Leslie Josephs' article on United Airlines frequent flyer miles pooling may be seen as slightly misleading in its presentation, suggesting it is a friendship test rather than a promotional tool for the airline's new loyalty program feature.
Recent Articles
Boeing to Acquire Spirit AeroSystems for $8.3 Billion: Enhancing Production Practices and Alignment with Safety Systems
Broke On: Monday, 01 July 2024Boeing, the aerospace giant, plans to acquire Spirit AeroSystems for $4.7 billion in an all-stock deal. Spirit, a major Boeing supplier and source of 70% of its revenue, faces scrutiny following quality issues and a fuselage panel incident on a 737 Max. By acquiring Spirit, Boeing aims to improve production practices and ensure better alignment with safety systems. The deal represents a strategic reversal for Boeing, which began outsourcing extensively in the 2000s. 
Boeing Faces Criticism Over Proposed Plea Deal in Wake of 737 Max Crashes
Broke On: Sunday, 30 June 2024The Justice Department offers Boeing a plea deal for criminal charges over 737 Max crashes that killed 346 people, but victims' families criticize it as a 'sweetheart deal' due to lack of accountability. Boeing faces potential trial if it rejects the offer by week's end. 
Delta One Lounge at JFK: A Luxurious Pre-Flight Experience with Missoni Amenities and Olympic-Sized Facilities
Broke On: Tuesday, 25 June 2024Delta Air Lines' new Delta One Lounge at JFK Airport spans over 39,707sqft, offering premium travelers a fine dining restaurant, full bar area, spa-like wellness treatments, and more. Accessible only to Delta One passengers flying business or first class on long-haul flights, the lounge features 515 seats and shower suites. In partnership with Missoni, Delta enhances the travel experience with customized amenities. 
Boeing Faces FAA Deadline to Present Safety Improvement Plan After Mid-Air Incident
Broke On: Thursday, 30 May 2024Boeing faces FAA deadline on March 25th, 2023, to present a safety improvement plan following a mid-air incident involving an Alaska Airlines Boeing 737 Max 9 in January. The FAA discovered bolts not installed correctly before delivery and raised concerns about Boeing's manufacturing processes. CEO Dave Calhoun and executives meet the FAA to present solutions. 
American Airlines Suffers 14% Stock Decline: New Revenue Forecast and Chief Commercial Officer Departure
Broke On: Wednesday, 29 May 2024American Airlines (AAL) experienced a 14% stock decline due to reduced revenue forecast and the departure of Chief Commercial Officer Vasu Raja. The airline now predicts a 5-6% decrease in Q2 revenue per available seat mile, with earnings per share expected to be $1-$1.15. Raja's exit follows strategic bets on cutting long haul routes, which may have negatively impacted performance. Industry challenges like excess capacity and price sensitivity during off-peak seasons are also affecting profitability. 
American Airlines Cuts Financial Outlook and Bids Farewell to Chief Commercial Officer Vasu Raja: A Look at the Impact on Profitability
Broke On: Wednesday, 29 May 2024American Airlines announces Q2 earnings forecast cut and departure of Chief Commercial Officer Vasu Raja. The company now expects adjusted earnings between $1 and $1.15 per share, down from previous forecast of $1.15 to $1.45 per share for the period. Raja, who oversaw customer organization, global network, alliances and partnerships during his tenure since April 2022, will leave in June as American Airlines underperforms rivals Delta and United in profitability due to limited international connectivity. Boeing's Embattled CEO Dave Calhoun Survives Re-Election Amidst Ongoing Investigations and Financial Struggles
Broke On: Friday, 17 May 2024Amid ongoing investigations and financial struggles, Boeing CEO Dave Calhoun was re-elected to the board during the annual shareholder meeting on May 17, 2024. Calhoun's tenure has been marked by crises including a midflight door plug panel blowout and strained relationships with regulators and customers. Boeing shares have plunged 30% this year due to concerns over the company's ability to turn around, with potential U.S. prosecution looming following a violation of a 2021 settlement. 
American Airlines Suspends Flights to Europe and South America Due to Boeing 787 Delivery Delays: A Look at the Impact on the Carrier's International Routes
Broke On: Friday, 26 April 2024American Airlines suspends flights to Europe and South America due to Boeing 787 delivery delays, affecting 12 routes. The airline will take delivery of only 22 new mainline aircraft in 2024 instead of the prior estimate. CEO Robert Isom expresses frustration with Boeing's poor performance and praises Embraer for reliable deliveries. 
Southwest Airlines Ponders Major Transformation: Studying Seating Preferences Amid Financial Struggles and Industry Trends
Broke On: Friday, 26 April 2024Southwest Airlines, the budget carrier known for its open seating policy, is considering major changes to improve financial performance and attract younger customers. The airline's CEO, Bob Jordan, is studying customer preferences for potential shifts in boarding and seating processes. Financial pressures include a net loss of $231 million due to Boeing delays and FAA oversight. Southwest may introduce premium seats or assigned spots to boost revenue like competitors Delta and United. Southwest Airlines Announces Loss of $231 Million for Q1 2024 and Plans to Cease Operations at Four Airports Due to Boeing Delays
Broke On: Thursday, 25 April 2024Southwest Airlines reported a $231 million loss for Q1 2024, worse than expected, due to continued delays in receiving new planes from Boeing. In response, the airline will cease operations at Bellingham International (WA), Cozumel (Mexico), George Bush Intercontinental (Houston), and Syracuse Hancock International airports and restructure flights from others, facing challenges with Boeing's delayed deliveries for both 2024 and 2025.
