Delta Air Lines Inc
Boeing plane prices could increase by millions with tariffs, says AerCap CEO
The price of a Boeing 787 plane could increase by $40 million in a worst case tariff scenario, AerCap CEO Aengus Kelly said. “In an absolute worst case scenario, say, a 25% increase across the board on tariffs, a tit-for-tat from both sides — a Boeing 787, the price will go up by $40 million,” […]
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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, […]
Read MoreS&P 500 futures are little changed after recession fears triggered a market sell-off: Live updates
Traders work on the floor of the New York Stock Exchange on March 6, 2025. NYSE S&P 500 futures were relatively unchanged Monday night after concerns that a recession would hit the U.S. economy sparked a broad sell-off in the market. Futures tied to the S&P 500 hovered around the flatline, while Nasdaq-100 futures dropped […]
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Stocks making the biggest moves after hours: Delta Air Lines, Oracle, Asana and more
Check out the companies making headlines in after-hours trading: Delta Air Lines — Shares of the airline operator slid about 14%. The company dialed back its forecast for the first quarter, citing “the recent reduction in consumer and corporate confidence caused by increased macro uncertainty.” Delta now sees year-over-year revenue growth of 3% to 4% […]
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Delta Air Lines slashes earnings outlook citing weaker U.S. demand, sending shares down
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand. Delta expects revenue in the quarter ending March 31 to rise no more than 5% […]
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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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Airline stocks tumble amid economic concerns
United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images Stock Chart IconStock chart icon NYSE Arca Airline Index versus the S&P 500 Airlines, especially full-service carriers with big international networks, had been a bright spot thanks to strong demand […]
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American Airlines to start testing free inflight Wi-Fi
The main cabin of a American Airlines Boeing 777-300ER jet. Mary Altaffer | AP American Airlines is planning to test complimentary inflight Wi-Fi starting next week as pressure mounts on carriers to offer the service free of charge. The tests will be available on three flights: Between hub Charlotte Douglas International Airport in North Carolina […]
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