Cutting the line? American Airlines says, ‘not today’
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 21 November 2024
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.1 | Good morning. Today is Thursday, November 21st. I'm Julie Morgan. Early borders are getting buzzed on American Airlines, and no, I don't mean tipsy. |
| 0:18.6 | Australia means business when it comes to social media, |
| 0:22.1 | and President Biden wants to forgive more than $4 billion in Ukraine debt. |
| 0:27.9 | American Airlines is rolling out new software to more airports |
| 0:32.0 | that will deter passengers from cutting in line while boarding ahead of the busy holiday season. If a customer boards before their assigned group is called, the new software will not accept the boarding pass and instead make an audible sound to alert the gate agent and customer that the group has not yet been called. |
| 0:49.3 | In these instances, the American Airlines team member will invite the customer to rejoin the line when their boarding group is called. |
| 0:57.5 | The technology is being rolled out to more than 100 airports, including the world's busiest airport in Atlanta. |
| 1:04.4 | More airports will get it in the coming months. |
| 1:07.4 | American Airlines tested the software over the last month at Albuquerque International Sunport, |
| 1:13.6 | Reagan National in Washington, and Tucson International Airport to gain insights on ways to improve the boarding process. |
| 1:21.5 | American Senior Vice President of Airport Operations said the initial positive response from customers and team members has exceeded |
| 1:29.9 | their expectations. Australia is taking aim at the danger social media poses for kids, introducing |
| 1:37.3 | legislation that would ban children younger than 16 from accessing platforms like TikTok, |
| 1:43.3 | Facebook, and Instagram, Snapchat, Reddit, and X. |
| 1:47.0 | The law which is expected to be passed by the end of the year will make platforms responsible |
| 1:52.0 | for not taking reasonable steps in preventing kids from holding social media accounts. |
| 1:58.0 | Any systemic failures can result in fines up to $32.5 million. Will there be |
| 2:05.1 | exemptions for cases of parental consent? Are online gaming platforms included? And what does this |
| 2:11.6 | mean for Google's YouTube? We're taking a deeper dive into this topic in the Wall Street Breakfast |
| 2:17.3 | newsletter, our daily one-page news summary. |
| 2:20.3 | You can find a link to sign up for the newsletter in show notes. |
... |
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