News 

It’s almost Christmas, and this credit card wants fliers to enjoy the gift of 70k miles

“BGR has partnered with The Points Guy for our coverage of credit card products” writes Maren Estrada for bgr.com. All of this leads to the inevitable question, really the only question that matters for anyone writing about credit card offers and anyone pondering offer details: Is this card worth signing up for?. The spending requirement: Yes, $4,000 might seem a little steep, but it’s a target that won’t be hard for small businesses to hit at all — because, remember, this is a business card. Source: bgr.com

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News Stocks 

United Airline’s CEO-designate has critics but stock has doubled since he joined the company, analyst says

“Genovesi’s view is that Kirby’s decisions accept the need for short-term pain to achieve a long-term gain in a highly competitive industry” writes Ciara Linnane for marketwatch.com. The stock has actually doubled since his arrival at the airline in 2016, outperforming the broader industry by 75% as measured by the NYSE Arca Airline ETF XAL, +0.42%. Source: marketwatch.com

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United’s Oscar Munoz to step down as CEO, President Scott Kirby will take over

“United Airlines announced Thursday that CEO Oscar Munoz will turn over day-to-day management of the airline next spring to President Scott Kirby, who will become company’s chief executive officer” writes Phil Lebeau for cnbc.com. “I will be a much better executive today, will be a much better CEO and a better person, for what I learned from you and following in the footsteps of an incredible leader,” Kirby said. Source: cnbc.com

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United places $7 billion order for longest-range Airbus A321 jet

“Valued at $7.1 billion before customary discounts, the order expands the U.S. foothold of a single-aisle variant capable of handling North Atlantic routes” writes This Story Was for seattletimes.com. United also said it would defer its order of twin-aisle Airbus A350 jets to 2027 “to better align with the carrier’s operational needs.” The airline’s XLR deal is particularly noteworthy since Chicago-based United is one of the largest customers of Boeing’s 737 MAX 10 planes, with 100 on order. Source: seattletimes.com

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Hong Kong Airlines must improve financial position or risk losing license: government

“(Reuters) – Hong Kong Airlines, controlled by cash-strapped Chinese conglomerate HNA Group, must shore up its financial position by Dec. 7 or risk the suspension or loss of its license, the Hong Kong government said on Monday” writes Midwest Communications Inc for 95kqds.com. Airport Authority Hong Kong said it was “very concerned about the financial situation” of the airline and the potential impact on its passengers. Source: 95kqds.com

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VIDEO: A fuel truck careened into 2 American Airlines jets at Dallas-Fort Worth Airport, damaging both of them and causing flights to be cancelled

“A refueling truck crashed into two planes at Dallas-Fort Worth airport on Monday, causing significant damage to both of them” writes David Slotnick for businessinsider.com. The wing of the second plane broke through the fuel truck’s windshield.American Airlines said it was investigating the incident: “On Monday morning at Dallas/Fort Worth International Airport (DFW), a vendor’s fueling truck impacted two parked Bombardier CRJ-900 aircraft. Source: businessinsider.com

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Heavy snow causes travel mayhem in Colorado and Wyoming

“The Minneapolis airport could be hit, but Chicago, with its two big airports, should only see rain from the storm, weather service officials said” writes The Associated Press for latimes.com. The storm system led the National Weather Service to issue blizzard and winter weather warnings extending into the Great Lakes.A storm that dumped heavy snow in Colorado and Wyoming caused airlines to cancel hundreds of flights in Denver on Tuesday and made driving impossible in some parts of the two states just as the busy Thanksgiving week travel period went…

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