Airlines
Bank turmoil is boosting urge for food for unique sector ETFs. Here’s why
ETF Edge Lender turmoil is boosting appetite for certain sector ETFs. Here’s why Posted Sat, Mar 25 202311:00 AM EDT Sean Conlon@SeanAustin96 Check out Reside Resource
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Can you bring weed on a plane? It’s complicated
As weed becomes legal in more states, how and if travelers can bring their stash on board remains up in the air. Twenty-one states and Washington, D.C., have legalized recreational use for adults 21 years and older, and 37 states and Washington, D.C., have medical marijuana programs. But marijuana is still illegal under federal law. […]
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India’s travel industry could not overtake China quickly but there are however ‘massive’ prospects
Crowd of vacationers hold out to test-in for their flight at Indira Gandhi International Airport in Delhi, India, on Could 31, 2022. Nurphoto | Nurphoto | Getty Visuals India’s airline field could be on a strong advancement trajectory — but really don’t hope India’s outbound travel to overtake China’s quickly, aviation analysts say. Journey demand […]
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FAA launches new plan to avoid flight delays in NYC, DC this summer
An United Airlines seen at LaGuardia International Airport in New York. Adam Jeffery | CNBC The Federal Aviation Administration on Wednesday announced measures to try to avoid a repeat of disruptions at airports serving New York City and Washington D.C. this summer as it grapples with a shortage of air traffic controllers at a key facility […]
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India’s on its way to getting a vital pillar in worldwide aviation, suggests Air India CEO
ShareShare Posting via FacebookShare Article by means of TwitterShare Report via LinkedInShare Post by using Email Campbell Wilson, the airline’s main executive officer, states “the subsequent decade is India’s tale” as much as any other player in the aviation industry. Source
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FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit
In this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023. Celal Gunes | Anadolu Agency | Getty Images FedEx on Thursday hiked its full-year earnings forecast as it said cost-cutting measures offset continued demand weakness at units including FedEx Express. FedEx now expects adjusted earnings per share for fiscal […]
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Airline stocks slide regardless of CEOs’ upbeat demand from customers outlook
A JetBlue airplane at Ronald Reagan Washington Countrywide Airport in Arlington, Virginia, on March 9, 2023. Stefani Reynolds | AFP | Getty Images Airline stocks slid Wednesday as the sector fell broadly amid fears above security of some banking companies and new info that confirmed a slowdown in customer spending. The NYSE Arca Airline index, […]
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We anticipate to reach 70% of passenger flight potential by the conclusion of the calendar year, Cathay Pacific CEO states
Ronald Lam, Cathay Pacific CEO, states the airline is currently at 50%. Source
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Cathay’s CEO would like to convert the airline back again to profitability, but faces manpower constraints
Cathay Pacific hopes to be financially rewarding once again in 2023, but returning to its pre-pandemic capability continues to be a person of the airline’s “biggest threats,” its CEO explained to CNBC. The potential to work at a worthwhile level is dependent on several components, like “how total the flights could possibly be, the yield […]
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Boeing sells 78 Dreamliner planes to Saudi airlines
An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing said Tuesday that it has reached a deal to sell 78 of its 787 Dreamliner planes to two Saudi […]
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