American Airlines Group Inc
JetBlue Airways faces a quarter-century crossroads after Spirit rejects its takeover offer
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/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images JetBlue Airways is at a quarter-century crossroads. The airline’s first flight took off from New York […]
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Spirit CEO says he wonders whether JetBlue’s bid was meant to block Frontier deal
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/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines CEO Ted Christie on Thursday laid bare the reasons his company rejected JetBlue Airways’ […]
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Major companies keep largely silent as leaked Supreme Court abortion draft sparks outrage
Demonstrators hold up signs during a protest outside the U.S. Supreme Court, after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, U.S. May 3, 2022. Elizabeth Frantz | Reuters […]
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Airlines’ summer challenge: Finding spare seats for travelers when things go wrong
Airline passengers, some not wearing face masks following the end of Covid-19 public transportation rules, sit during a American Airlines flight operated by SkyWest Airlines from Los Angeles International Airport (LAX) in California to Denver, Colorado on April 19, 2022. Patrick T. Fallon | AFP | Getty Images Airlines that once touted globe-spanning destinations, promising […]
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These stocks show pricing power, a look into Q1 earnings results reveals
Rising cost pressures and surging inflation marked the first quarter of 2022, but some companies seemed to benefit despite the uptick. Source
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Southwest Airlines keeps 2022 profit forecast as bookings and fares outpace higher costs
A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 2022 profits as bookings and fares outpace a jump in labor, fuel and airport costs. The Dallas-based carrier expects second-quarter revenue growth of 8% to 12% […]
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Boeing misses estimates as it grapples with delays on commercial, defense programs
A Boeing Co. Dreamliner 787 plane with AirEuropa livery moves past the company’s final assembly facility in North Charleston, South Carolina, U.S., on Tuesday, Dec. 6, 2016. Travis Dove | Bloomberg | Getty Images Boeing reported a wider adjusted loss and lower revenue than analysts expected as the company faced higher costs on both commercial […]
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FAA, airlines will meet to discuss flight disruptions in Florida as travel booms
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Images The Federal Aviation Administration will meet with major U.S. airline staff next month to discuss ways to improve the […]
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Cramer’s lightning round: Don’t sell Marvell Technology
OptimizeRx Corp: “There’s not enough there at that company. … Can’t go there.” SoFi Technologies Inc: “Here’s the problem. This thing was built as a way to be able to help on student loans, and when you get rid of your major product … it’s very hard to recommend the stock.” Marvell Technology Inc: “That […]
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Stocks making the biggest moves midday: United Airlines, AT&T, Tesla and more
A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Thursday. United Airlines – Shares of the airline surged 10.5% after […]
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