American Airlines Group Inc
Airlines flex pricing power, signaling higher fares in 2025
Travelers walk through O’Hare International Airport in Chicago, Illinois, on December 20, 2024 ahead of the upcoming Christmas holiday. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform […]
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Stocks making the biggest moves midday: Alcoa, GE Aerospace, Electronic Arts, American Airlines and more
Check out the companies making headlines in midday trading: Alcoa — Alcoa’s shares fell about 4% after CEO William Oplinger said on Wednesday that U.S. tariffs on Canadian imports would increase the cost of aluminum by $1.5 billion to $2 billion a year, and that increasing the cost of trade with Canada and Mexico would hurt […]
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Stocks making the biggest moves premarket: American Airlines, GE Aerospace, Electronic Arts, Alaska Air and more
Check out the companies making headlines in premarket trading. American Airlines — Shares sank 8% after the airline forecast an adjusted loss of 20 cents to 40 cents per share for the first quarter. That’s wider than the 2 cent loss expected by analysts LSEG polled. However, American reported an earnings and revenue beat for […]
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American Airlines shares tumble as outlook falls short
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 10%. The carrier forecast an adjusted loss per share […]
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Stock futures are little changed with S&P 500 on three-day winning streak, near record high: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on January 22, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures were little changed early Thursday with Wall Street on the verge of new record highs. Futures for the S&P 500 slipped around 0.2%. Dow Jones […]
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5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day: 1. Day one Stock futures rose Tuesday in the first trading day of Donald Trump’s second term as president. Markets were closed Monday for Martin Luther King Jr. Day. U.S. stocks are coming off a strong week. The S&P 500 […]
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FAA grounds SpaceX’s Starship after mid-flight explosion, reports property damage on Turks and Caicos
SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Jan. 16, 2025. Eric Gay | AP The Federal Aviation Administration said on Friday that SpaceX’s Starship rocket is grounded until the company and regulator complete an investigation into the midflight failure of the most recent test flight, which […]
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Dozens of flights diverted, delayed after FAA warned of SpaceX rocket debris
View of Space X’s Starship on the launch pad for its seventh test flight, in Boca Chica, Texas, U.S. Maxar Technologies | Via Reuters Several commercial flights were diverted or delayed after SpaceX’s Starship rocket broke up during its seventh flight test on Thursday. Dozens of flights were affected, according to flight-tracker Flightradar24. The Federal Aviation […]
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Southwest Airlines pauses corporate hiring, most summer internships to cut costs
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that […]
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Airlines extend travel waivers due to LA wildfires
In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California on January 9, 2025. Josh Edelson | Afp | Getty Images Airlines have extended travel waivers for Los Angeles airports as wildfires continue to burn in the area. American Airlines, […]
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