Demand is not slowing down, but jet fuel prices are rising. What’s Delta’s Q2 guidance? What is it seeing with summer bookings? Don’t miss this ⁦Squawk Box⁩ EXCLUSIVE. $DAL

Boeing CEO Dave Calhoun on his plan to step down, the management shake-up and his reaction to regulators and airlines saying the company needs to build 737 MAX planes that are reliable and on schedule. Watch his full interview. CNBC $BA cnbc.com/video/2024/03/…

Quote of the day from Consumer Reports review of the Fisker Ocean: “So far, our experience with the Ocean is like ordering pizza at a new, buzzy restaurant, only to get a pie with undercooked dough and no sauce because the tomatoes are still growing.” $FSR

'I've never been this excited about a product as I am about R2,' Rivian CEO RJ Scaringe says to Phil LeBeau. cnb.cx/49HDDXT

Here it is. The Rivian R2 $RIVN

Here is the next Rivian model. The R2 SUV $RIVN

Rivian’s R2 Reveal is on the marquis, but the EV company’s future is the story on the mind of investors. Don’t miss Rivian CEO RJ Scaringe First on CNBC today on ⁦Power Lunch⁩ $RIVN

With China dominating as the world's largest auto exporter, how can the U.S. compete?

It'll be difficult to beat the country's cost advantage, @lebeaucarnews tells David Faber & Jim Cramer from Chile.

The EV race has reached South America.

@LebeauCarNews joins Tyler & Courtney from Santiago, Chile as Tesla and BYD fight for sales dominance in the growing South American EV market. $TSLA $BYDDF

Why has China become the world’s largest auto exporter? Go to a country like Chile and you’ll see the growth first hand. Price, reliability and a growing willingness by locals to buy a Chinese model. We’re live in Santiago, Chile to show the China auto boom

China is the largest auto exporter in the world, but what makes the country's vehicles so special? Phil LeBeau finds out in Chile.

JetBlue adding two new independent directors after its agreement with Icahn Enterprises.

Phil LeBeau reports $JBLU:

Today 4pET
Ford Motor Company CFO John Lawler

Phil LeBeau Morgan Brennan Jon Fortt $F #earnings

While $BA narrowed its losses, the manufacturer's 737 Max 9 crisis has led it to postpone guidance.

CEO Dave Calhoun tells @lebeaucarnews: This isn't a vote of confidence or not confidence. This just isn't the right time. Nobody needs additional time pressure at this moment.

Alaska Airlines CEO Ben Minicucci tells CNBC the 737 MAX-9 grounding will cost his airline $150 Million which Boeing will pay. “We will be made whole.” ⁦Power Lunch⁩ $ALK $BA cnbc.com/video/2024/01/…

American Airlines CEO: Boeing has to 'get their act together' and produce a quality product CNBC cnbc.com/video/2024/01/…

$UAL CEO Scott Kirby casts doubt on Boeing 737 Max 10 order. 'There are alternative airplanes for the Max 10, at least for the next few years,' he tells CNBC's Phil LeBeau

MS analyst Adam Jonas on EVs: “Each day brings more signs of global EV demand slowing. Fleets (Hertz, Sixt) are dumping their EVs. OEMs are cutting production (Giga Berlin, Ford Lightning) and cutting prices (BYD, Tesla, etc)…In any event, we think the ICE will melt slower.  “

The FAA has completed its inspection of 40 737 MAX-9 aircraft. Phil LeBeau joins Jim Cramer David Faber Carl Quintanilla with the latest. $BA

Stock of the day: SAVE. Spirit Airlines shares tank after a judge blocked its proposed merger with JetBlue. Cowen raises the possibility of Spirit heading to bankruptcy and liquidation. Spirit/JetBlue assessing legal options.