Travel
Delta Airlines is the most defensive airline with higher jet fuel prices, says TD Cowen’s Tom Fitzgerald
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email TD Cowen’s Tom Fitzgerald joins ‘Closing Bell’ to discuss how investors should play the airline space, the least defensive airline stocks and much more. Source
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White House UAE financial lifeline raises bigger questions about booming Mideast economy post-war
Tourists and visitors walking around the Sheikh Zayed Grand Mosque the largest Mosque the United Arab Emirates, a key place of daily worship in Abu Dhabi, United Arab Emirates. There are 82 domes of seven different sizes and 4 minarets throughout, and has a large car park and a shopping mall underneath it. Andrew Aitchison […]
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Travel and Leisure CEO on earnings: Couldn’t have scripted a better quarter
Michael Brown, Travel and Leisure CEO, joins ‘The Exchange’ to discuss business amid the Iran war, the company’s delinquency data and much more. Source
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United Airlines CEO on merger rumors: We want to create a truly globally competitive U.S. airline
CNBC’s Phil LeBeau and United Airlines CEO Scott Kirby joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, reports of the company’s interest in a potential merger with American Airlines, impact of the rising jet fuel prices, future of Spirit Airlines, travel demand outlook, and more. Source
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What a looming jet fuel shortage could mean for summer travel
Looming jet fuel shortages could throw a wrench into Americans’ summer travel plans, especially for people flying overseas on international airlines. But there are a few steps consumers can take to insulate themselves and minimize disruption, travel experts said. The Iran war and an associated disruption to global oil supplies are triggering fears that jet […]
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American Airlines falls 3% premarket after dismissing United megamerger
American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images American Airlines stock fell in premarket trading on Monday after it rejected talks of a potential megamerger with United Airlines late last […]
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Airlines will return to pre-war trend line by Q4, says Raymond James’ Savanthi Syth
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell Savanthi Syth, Raymond James airlines analyst, joins ‘Closing Bell’ to discuss the upcoming airline earnings, a potential merger and much more. 04:21 39 minutes ago Source
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Jet fuel crisis in Europe threatens summer travel plans
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The International Energy Agency on Thursday warned that the Middle East crisis is hurting Europe’s airline industry, which is on the brink of running out of jet fuel. As Europe heads into its peak travel season, a continued blockade of the Strait […]
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Can events drive a comeback? Hong Kong Tourism Secretary on Sevens, visitors and the Iran war
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rosanna Law, Secretary for Culture, Sports and Tourism of Hong Kong, addresses the effects of the Iran war on the city’s tourism sector, specifically how soaring fuel prices and flight cancellations are affecting visitor inflows. She also emphasizes economic benefits of Hong […]
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Jefferies’ Kahyaoglu: Airlines are losing 15% with jet fuel prices where they are today
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Power Lunch Sheila Kahyaoglu, Jefferies aerospace and defense analyst, joins ‘Power Lunch’ to discuss the impact of rising jet fuel prices on airlines. 04:11 28 minutes ago Source
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