DAVID KOENIG
100%
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
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Conflicts of Interest
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Contradictions
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Recent Articles
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. United Airlines Takes $200 Million Hit from Boeing 737 Max 9 Grounding: Loss of 86 Planes and Delayed Deliveries
Broke On: Tuesday, 16 April 2024United Airlines suffered a $124 million loss in Q1 2024 due to the grounding of Boeing 737 Max 9 planes following an incident on an Alaska Airlines flight. The grounding cost United $200 million and resulted in hundreds of canceled or switched flights. The airline now expects to receive only 61 new narrow-body jets from Boeing this year, down from the initial plan of up to 183 planes. Boeing's difficulties in producing and delivering Max jets also mean that United will no longer expect the Max 10 to be delivered this year. Airbnb Reports Fourth Quarter Losses and Beats Revenue Expectations
Broke On: Tuesday, 13 February 2024Airbnb reported a loss of $349 million in the fourth quarter due to an income tax settlement with Italy, but revenue beat analysts' expectations. The company forecast first-quarter revenue that would meet or exceed Wall Street predictions. China Stocks Surge on Authorities' Measures to Arrest Sell-Off; Boeing Discovers Another Problem in 737 Max Fuselages
Broke On: Tuesday, 06 February 2024China stocks surged on Tuesday as authorities took measures to arrest a recent sell-off in its equities, while most Asia-Pacific markets declined. The CSI 300 index closed 3.48% higher at 3,311.69 and Hong Kong's Hang Seng index rose about 4%. Central Huijin Investment promised to expand its purchases of stock index funds to help sagging markets under heavy selling pressure from a property crisis and slowing economy.