American Airlines Group Inc
Stocks making the biggest moves premarket: PVH, Johnson & Johnson, Newsmax, Shake Shack and more
Check out the companies making headlines in premarket trading. PVH Corp — The fashion stock soared about 16% on the back of stronger-than-expected earnings for the fourth quarter. The Calvin Klein and Tommy Hilfiger parent earned $3.27 per share, excluding items, on $2.37 billion in revenue, beating the consensus forecasts of analysts polled by LSEG […]
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Frontier Airlines offers free checked bags promotion in swipe at Southwest
Frontier Airlines Nurphoto | Nurphoto | Getty Images Frontier Airlines took a swipe at Southwest Airlines‘ plan to start charging for seat assignments and checked luggage by doing the opposite. Budget carrier Frontier said customers can receive a bundle that includes a seat assignment and a carry-on bag without an upcharge if they book Tuesday through […]
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A big markets week lies ahead that could determine whether this correction turns into a bear
The roller coaster ride that is the stock market lately is unlikely to come to an end anytime soon, with investors desperate for any clarity on the macroeconomic picture that could put a bottom in for equity prices. Wall Street is headed for a big week ahead, with economic data set to be scrutinized by […]
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U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | Reuters It’s not just Walmart. The leaders of companies that serve everyone from penny-pinching grocery shoppers to first-class travelers are seeing cracks in demand, a shift after resilient consumers propped up the U.S. economy […]
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NTSB calls for permanent helicopter flight restrictions around Washington airport after fatal collision
A Delta airline plane is towed into position to prepare for takeoff at Reagan National Airport after an American Airlines plane crashed on approach to the airport on Jan. 30, 2025 in Arlington, Virginia. Tasos Katopodis | Getty Images The National Transportation Safety Board on Tuesday made an urgent call to permanently restrict helicopter flights in […]
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Southwest Airlines as we know it is over. Here’s what’s changing, from bag fees to basic economy
A Southwest Airlines Boeing 737 MAX is pushed back from the gate at San Diego International Airport in San Diego, Aug. 24, 2024. Kevin Carter | Getty Images Southwest Airlines announced Tuesday what was once unthinkable: It will start charging customers to check their luggage. It’s a $300 million gamble. Last year, Southwest said its […]
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Airline CEOs warn domestic travel demand is slowing
A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference, […]
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FAA briefly halts flights to several Florida airports after SpaceX rocket testing failure
SpaceX’s mega rocket Starship lifts off for a test flight from Starbase in Boca Chica, Texas, Thursday, March 6, 2025. Eric Gay | AP The Federal Aviation Administration briefly halted flights to several Florida airports on Thursday night after a SpaceX Starship testing failure. The incident marks the second time this year that SpaceX experienced […]
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Stocks making the biggest moves midday: Best Buy, Walgreens Boots Alliance, Tesla, Okta and more
Check out the companies making headlines in midday trading: Okta — Shares surged 18% after the cloud software firm posted a fourth-quarter earnings and revenue beat. Okta reported adjusted earnings of 78 cents per share on revenue of $682 million, while analysts polled by LSEG expected 74 cents in earnings per share and $670 million […]
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Aviation industry pushes Congress for air traffic improvements, more hiring
File photo shows the air traffic control tower at Chicago’s Midway International Airport. M. Spencer Green | AP Aviation industry members on Tuesday again urged lawmakers for newer air traffic control technology and more hiring of air traffic controllers as airlines continue to complain about longtime shortfalls, while air travel demand has boomed. Their testimony […]
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