Airlines cancel hundreds of flights as massive winter storm sweeps across the U.S.

Watch on YouTube ↗  |  January 23, 2026 at 14:46  |  4:31  |  CNBC
Speakers
Phil LeBeau — Auto & Airlines Reporter, CNBC
Jim Cramer — Host, Mad Money
Carl Quintanilla — Anchor, CNBC

Summary

The video covers a massive U.S. winter storm disrupting airline travel and the latest airline earnings. Phil LeBeau reports hundreds of flight cancellations and notes that Q1 could be the first profitable quarter for the entire industry since 2019. Jim Cramer and Phil also discuss GE Aerospace's strong outlook and turnaround potential, with Boeing mentioned as part of a positive aerospace setup.

  • Winter storm causes hundreds of U.S. flight cancellations and delays.
  • Phil LeBeau says Q1 could be first profitable quarter for all airlines since 2019.
  • Delta, United and Alaska have reported Q4 results.
  • Jim Cramer takes the other side on airlines despite storm.
  • Phil LeBeau highlights GE Aerospace's margin, revenue, free cash flow and engine roadmap.
  • Jim Cramer calls GE a buying opportunity and historic turnaround.
  • Boeing is cited as part of a strong aerospace setup for 2026-2027.
Ideas
Phil LeBeau Auto & Airlines Reporter, CNBC 1:39
Airlines may post first profitable quarter
Phil says Q4 results from Delta, United and Alaska set the table for 2026, and Q1 could be the first quarter since 2019 that the entire U.S. airline industry is profitable, though the winter storm may affect that outcome.
Jim Cramer Host, Mad Money 2:25
Airlines are a changed industry
Despite the terrible winter storm, Jim takes the other side of the trade on airlines and says that after listening to Larry Culp and Scott Kirby, the industry is a changed industry.
Phil LeBeau Auto & Airlines Reporter, CNBC 2:58
GE Aerospace set for strong 2026
Phil says GE Aerospace is hitting Larry Culp's targets on margins, revenue growth and free cash flow, has set a multi-year schedule for 2026-2028, and has a roadmap for engine deliveries and maintenance with a growing installed base through 2028-29, positioning it for a strong 2026 into 2027.
Phil LeBeau Auto & Airlines Reporter, CNBC 3:23
Boeing set for strong 2026
Phil points to Boeing's stock performance since November 21st as part of a group of aerospace names that he believes are set up for a strong 2026 going into 2027.
Jim Cramer Host, Mad Money 3:48
GE is a historic buying opportunity
Jim calls the recent decline in GE a buying opportunity and says it may be the greatest turnaround he has witnessed in history.
Up Next

This CNBC video, published January 23, 2026, features Phil LeBeau, Jim Cramer discussing JETS, GE, BA. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Phil LeBeau, Jim Cramer  · Tickers: JETS, GE, BA