American Airlines earnings beat estimates, forecasts second-quarter profit

American Airlines earnings beat estimates, forecasts second-quarter profit



CNBC’s Phil LeBeau joins ‘Squawk Box’ to break down American Airlines’ first-quarter earnings report.



Source

IndiGo shares jump 11% as U.S.-Iran ceasefire is likely to ease India’s aviation sector woes
Travel

IndiGo shares jump 11% as U.S.-Iran ceasefire is likely to ease India’s aviation sector woes

An aircraft of InterGlobe Aviation Limited, IndiGo is landing in Mumbai, India, on June 20th, 2023. Indranil Aditya | Nurphoto | Getty Images Shares of India’s largest airline, IndiGo, rose more than 11%, before paring some gains, as the U.S.-Iran ceasefire announced Wednesday is likely to ease the strain on India’s aviation sector. In a […]

Read More
Transportation Sec. Duffy: There’s room for airline mergers in the U.S.
Travel

Transportation Sec. Duffy: There’s room for airline mergers in the U.S.

Sean Duffy, U.S. Transportation Secretary, joins ‘Power Lunch’ to discuss staffing challenges with air traffic control, the impact of higher air fares and much more. Source

Read More
Airlines face higher jet fuel costs
Travel

Airlines face higher jet fuel costs

CNBC’s Phil Le Beau joins ‘Squawk on the Street’ to discuss airline earnings, rising jet fuel prices Source

Read More