The TACO Trade & United CEO Scott Kirby Teams Up with JetBlue 5/29/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 29 May 2025

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

United Airlines CEO Scott Kirby discusses the future of flights out of Newark, the time horizon for supersonic air travel, and regulatory scrutiny on his industry. CNBC’s Phil Lebeau has the details on United’s new collaboration with JetBlue, aimed to add value for frequent flyers of each respective airline. Committee for a Responsible Federal Budget president Maya MacGuineas issues a warning on government spending. The reconciliation bill making its way through Congress doesn’t restrict spending enough, according to the CRFB. Plus, Nvidia lost billions in the Chinese market last quarter, Elon Musk has hinted at a pullback from his DOGE role, and President Trump is pushing back against the “Trump Always Chickens Out” trade on Wall Street. Megan Cassella - 06:03 Phil LeBeau - 22:13 Scott Kirby - 24:39 Maya MacGuineas - 45:17 In this episode: Megan Cassella, @mmcassella Phil LeBeau, @Lebeaucarnews Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	Flying the crowded skies, United Airlines in the thick of an air traffic control mess,
0:15.0	the airline CEO Scott Kirby on the Squawk set, rising above Newark Airport delays.
0:20.0	We did take a big hit, but the leisure traffic has come back.
0:22.9	Business is lagging a little, but really, I mean, I think you just need to get people to try it.
0:26.5	It's going to be the most reliable.
0:27.8	The fairs are the best this year that they're probably ever going to be because we lost traffic,
0:31.0	at least crowded airport now.
0:33.4	The big, in the big, beautiful bill raising eyebrows, adding possibly trillions to the federal debt.
0:38.5	Maya McGinnis of the Committee for a Responsible Federal Budget joins us.
0:42.2	The fiscal choices that we are making are weakening our economy, weakening our ability to respond to emergencies, weakening our national security.
0:49.3	Plus, a blow dealt to the president's tariff policy by an obscure court, but will he just chicken out?
0:56.4	Is every Tuesday Taco Tuesday?
0:58.2	She did it on a Wednesday, which was even braver.
1:01.0	Our Megan Casella asks, in the Oval Office, about the so-called taco trade.
1:06.0	That's a nasty question.
1:07.7	The president was very defensive.
1:09.0	He said this strategy is working.
1:12.3	And Doge v. The Swamp did the Sw He said this strategy is working. And Doge versus the swamp, did the swamp win? Elon Musk needs Trump. And I still think to some degree. Trump needs
1:18.6	Elon. Trump needs Elon. It is Thursday, May 29th. Squawk Pod begins right now. Stand and under by in three, two, one, Q, Andrew.
	...

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