Boeing Co
United forecasts a 2022 profit as passengers return and pay more to fly
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time since before the pandemic as bookings rise and passengers appear willing to pay more to fly. United’s shares rose more than 6% in […]
Read More
China Eastern restarts flights using Boeing 737-800 after March crash
A China Eastern Airlines Boeing 737-800 aircraft flies on February 13, 2022 in Kunming, Yunnan Province of China. Vcg | Visual China Group | Getty Images China Eastern Airlines has restarted using Boeing 737-800 jetliners for commercial flights less than a month after a crash that killed 132 people on board and grounded over 200 […]
Read More
American Airlines’ new CEO vows reliability as massive peak travel season kicks off
An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines’ new CEO Robert Isom is aiming for one thing this summer: reliability. The airline grew faster than its large competitors last year and occasionally passengers faced widespread disruptions, the result of routine […]
Read More
Will the battle for Spirit set off a rush for airline deals? Here’s what could happen
A previous wave of U.S. airline consolidation left four airlines in control of more than three-quarters of the U.S. air travel market. Source
Read More
United pushes back the return of dozens of Boeing 777 jets until at least May 13
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is pushing back the return of dozens of Boeing 777 jets, taken out of service after an engine failure last year, until at least May 13, according to a note sent to pilots, which […]
Read More
Goldman Sachs says these S&P 500 stocks have potential upside of over 60%
Goldman has listed the U.S. stocks with the highest upside to its own price targets — including 9 the bank says have potential upside of over 60%. Source
Read More
Amazon signs massive rocket deal with 3 firms, including Bezos’ Blue Origin, to launch internet satellites
Artist renderings of the companies’ rockets, from left to right: New Glenn, Vulcan Centaur, and Ariane 6. Blue Origin / United Launch Alliance / Arianespace Amazon on Tuesday announced what it says is the biggest rocket deal in the commercial space industry’s history, signing on with three companies for up to 83 launches of its […]
Read More
Investing Club: Here’s our April rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio
Ahead of our Monthly Meeting this Thursday, we are providing the Club with a quick refresher on all the holdings in the portfolio. Source
Read More
U.S. NTSB helps China download voice record of crashed Boeing jet
Rescuers conduct search and rescue work at the core site of a recent plane crash in Tengxian County, south China’s Guangxi Zhuang Autonomous Region, March 26, 2022. Lu Boan | Xinhua News Agency | Getty Images The U.S. National Transportation Safety Board said Friday it was assisting Chinese investigators with the download of the cockpit […]
Read More
Airlines offer luxury suites, roomier seats in battle for high-paying travelers as international trips return
A Singapore Airlines A380 first class suite Leslie Josephs | CNBC Singapore Airlines this week unveiled its highest-end offering in the U.S: first-class suites that feature a bed, a swivel chair, 32-inch touch screen and a desk adorned with an orchid. They are each 50 square feet, and there are two bathrooms for the six […]
Read More