American Airlines Group Inc
Dow slips 150 factors right after a batch of disappointing earnings: Live updates
A trader will work on the flooring at the New York Inventory Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters The Dow Jones Industrial Normal fell Tuesday, pulling again from history-breaking highs as traders poured by way of the latest batch of corporate earnings. The blue-chip Dow missing 160 details, or .4%, retreating under […]
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Airline stocks rise as United kicks off busy earnings week
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines shares rose about 4% on Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The carrier hit its full-year adjusted earnings target of between $10 […]
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United Airlines forecasts to start with-quarter loss due to Boeing 737 Max 9 grounding
A United Airways Boeing 737 Max 9 plane lands at San Francisco International Airport on March 13, 2019. Justin Sullivan | Getty Pictures United Airlines on Monday forecast a very first-quarter loss because of to the Federal Aviation Administration’s grounding of Boeing 737 Max 9 planes this thirty day period just after a element blew […]
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United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Monday forecast a first-quarter loss due to the FAA grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska […]
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Spirit Airlines shares extend rebound after it appeals ruling blocking JetBlue merger
Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Spirit Airlines shares jumped about 10% Monday after the budget carrier and JetBlue said after the market closed on Friday they would appeal a federal judge’s ruling […]
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How Denver International Airport became one of the fastest-growing airports in the world
Last year was Denver International Airport’s busiest on record. While airline stocks have yet to fully recover to pre-pandemic levels, passengers have returned in droves — and millions of them are flying through the Colorado hub. “We will end 2023 much higher than our forecast at about 78 million passengers annually,” said Phil Washington, CEO […]
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The S&P 500 tops a report substantial that ‘clears the charts’ of resistance ahead of a week of earnings, inflation knowledge
The S & P 500 surged to a new all-time higher on Friday, confirming the stock market place is in a bull market and suggesting the rally has additional to go in 2024, in advance of a massive week of earnings and inflation info. The S & P 500 rallied more than 1% on Friday, […]
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Why the JetBlue-Spirit antitrust ruling doesn't spell doom for an Alaska-Hawaiian merger
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images President Joe Biden’s Justice Department has successfully had two airline linkups halted in court in recent months. That doesn’t necessarily spell […]
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Failed JetBlue takeover could force Spirit to slash fares, restructure as carrier grasps for a path
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways‘ proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this […]
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Please stop ignoring your flight attendants
A display showing the ‘fasten your seatbelt’ sign and the ‘no smoking’ sign illuminated on board an aircraft. Jeff Overs | BBC News & Current Affairs | Getty Images You trudge down the aisle to your seat. You double- and triple-check that you’ve arrived at the right row. You heave your luggage into the overhead […]
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