Delta Air Lines Inc
U.S. transport chief seeks to boost air traffic control hiring
The air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia. Saul Loeb | AFP | Getty Images U.S. Transportation Secretary Sean Duffy said on Thursday the Trump administration will take steps to boost air traffic controller hiring after a series of recent safety incidents again raised questions about a persistent staffing shortage. The Federal Aviation Administration will open its hiring window to […]
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Goldman’s portfolio of hedge fund favorites is trouncing the market this year. Here’s what’s in it
While the S & P 500 is trading close to its all-time high, a group of favored stocks among hedge funds is soaring even higher, according to Goldman Sachs. The S & P 500 reached an all-time intraday high as well as a new closing record on Wednesday, the broad market index’s second consecutive record […]
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Airbus could bring forward non-U.S. deliveries if Trump tariffs impede trade, CEO says
The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023. Stephane Mahe | Reuters Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European planemaker’s imports stateside, CEO Guillaume Faury said Thursday. “We have a large demand from the rest of the world, so [if] we […]
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JetBlue talking to ‘multiple airlines’ about a new partnership
A JetBlue plane takes off from Los Angeles International Airport (LAX) on Jan. 03, 2025 in Los Angeles, California. Mario Tama | Getty Images JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday. “If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George, […]
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Stocks making the biggest moves premarket: Southwest, Medtronic, Snowflake, Bath & Body Works & more
Check out the companies making headlines in premarket trading. Delta Air Lines — Shares retreated 0.8% after a Delta flight from Minnesota to Toronto crashed on landing on Monday afternoon. At least 18 people were reported injured, according to local officials. Southwest Airlines — The value-focused carrier popped 2.4% after Southwest said it would cut […]
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Delta plane crashes on landing at Toronto airport, injuring at least 15
First responders work at the Delta Air Lines plane crash site at Toronto Pearson International Airport in Mississauga, Ontario, Canada February 17, 2025. Arlyn Mcadorey | Reuters At least 15 people were injured after a Delta Air Lines regional jet crashed upon landing at Toronto Pearson International Airport Monday afternoon, officials said. All 80 people […]
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Dan Sundheim’s D1 Capital sells Bank of America and Microsoft in the fourth quarter, buys 3M
Hedge fund D1 Capital sold some of its blue-chip positions during the fourth quarter and added some stocks that have been hot to start 2025, according to a securities filing. The quarterly report shows Daniel Sundheim’s fund exited several positions, including Bank of America and Microsoft , and also reduced its stake in Amazon . […]
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Lyft shares sink 9% on underwhelming fourth-quarter results
Lyft shares shed more than 9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenues of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Bookings, which measures the charges posed to customers for rides […]
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JetBlue shares tumble roughly 20% after disappointing outlook
A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways shares tumbled Tuesday after the carrier’s financial outlook disappointed investors. The New York-based airline forecast its unit costs, excluding fuel, will rise as much as 7% […]
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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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