Tech
Why United Airlines Invested $1 Billion In Denver Airport
While airline stocks have not recovered to pre-pandemic levels, passengers have returned in record breaking numbers.
2023 was Denver International airport’s busiest year on record, with an estimated 78 million passengers for the year.
The airport, which opened in 1995, was originally built to handle 50 million passengers per year, but now that number is expected to reach over 100 million per year by 2027, according to DIA estimates. OAG, a global travel data provider, said Denver went from the 21st busiest airport in the world in 2019 to the 6th in 2023.
United Airlines is Denver’s biggest operator with 46.7% market share, followed by Southwest 30.7% and Frontier 9.7%.
The mid-continent airport has become the United’s busiest hub. It recently invested nearly $1 billion in Denver to add more gates, flights, destinations and opened the largest lounge in its network. The airline wants to grow to 650 flights a day before 2030.
CNBC got a behind the scenes look at United’s Denver operations and explores how the airport and airline plan to keep up with the demand.
Chapters:
1:26 Airport growth
4:09 United Airlines
7:44 The future
Produced, shot and edited by: Erin Black
Animation: Christina Locopo
Supervising Producer: Jeniece Pettitt
Editorial Support: Leslie Josephs
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Why United Airlines Invested $1 Billion In Denver Airport
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Taylor Farms has been linked to cyclosporiasis and salmonella outbreaks this summer. After years of consolidation, experts say the company’s ability to control every stage of the supply chain has made it indispensable to grocers and restaurant chains, while raising the stakes for consumers when things go wrong. CNBC food and wellness reporter Brandon Gomez explains how the U.S. became so reliant on Taylor Farms.
Chapters:
0:00 Introduction
1:40 Chapter 1: Concentration of risk
6:35 Chapter 2: Food giants’ reliance on Taylor Farms
7:30 Chapter 3: Does America have a better option?
CREDITS:
Reporting by: Brandon Gomez
Produced by: Ryan Baker
Edited by: Darren Geeter, Andrea Miller
Camera and Additional Reporting: Natalie Rice
Animation by: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
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How The U.S Became So Dependent On Taylor Farms
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Is live-streaming going to be the next big thing that occupies everyone’s time on social media? Meerkat and Periscope, two new apps, are betting so. CNBC’s Dominic Chu compares the platforms.
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Meerkat vs. Periscope: Live-Streaming Apps | Tech Bet | CNBC
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Meta has quietly rolled out the most sophisticated version of its Muse Spark AI model, which deploys multiple agents to research and synthesize a consolidated answer. CNBC’s Julia Boorstin has more.
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Tesla chief executive fires back at Mobileye on safety concern accusations.
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Tesla And Former Camera Supplier, Mobileye Engage In Public Dispute | Tech Bet | CNBC
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