Delta Air Lines Inc
Dow slips 150 factors right after a batch of disappointing earnings: Live updates
A trader will work on the flooring at the New York Inventory Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters The Dow Jones Industrial Normal fell Tuesday, pulling again from history-breaking highs as traders poured by way of the latest batch of corporate earnings. The blue-chip Dow missing 160 details, or .4%, retreating under […]
Read More
Airline stocks rise as United kicks off busy earnings week
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines shares rose about 4% on Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The carrier hit its full-year adjusted earnings target of between $10 […]
Read More
United CEO casts doubt on 737 Max 10 order after Boeing's recent problems
United Airlines Boeing 737 MAX 9 passenger aircraft as seen taxiing at Chicago International Airport O’Hare ORD preparing for a departure flight. The modern and advanced Boeing 737M is a new commercial airplane, flying less than half year, with the registration tail number N77543, ETOPS certified and is powered by 2x CFMI jet engines. Nicolous […]
Read More
Spirit Airlines shares extend rebound after it appeals ruling blocking JetBlue merger
Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Spirit Airlines shares jumped about 10% Monday after the budget carrier and JetBlue said after the market closed on Friday they would appeal a federal judge’s ruling […]
Read More
How Denver International Airport became one of the fastest-growing airports in the world
Last year was Denver International Airport’s busiest on record. While airline stocks have yet to fully recover to pre-pandemic levels, passengers have returned in droves — and millions of them are flying through the Colorado hub. “We will end 2023 much higher than our forecast at about 78 million passengers annually,” said Phil Washington, CEO […]
Read More
Delta CEO is confident about moving forward with order of Boeing Max 10s
Delta airlines airplanes are seen parked at Hartsfield-Jackson International Airport in Atlanta. Camilo Freedman | Lightrocket | Getty Images Delta Air Lines expects to move forward with an order of Boeing 737 Max 10 aircraft as the plane manufacturer struggles with issues surrounding the Max 9, the carrier’s CEO told CNBC on Friday. The airline […]
Read More
Failed JetBlue takeover could force Spirit to slash fares, restructure as carrier grasps for a path
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 | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways‘ proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this […]
Read More
Judge blocks JetBlue-Spirit merger just after DOJ's antitrust problem
LaGuardia Global Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge blocked JetBlue Airways‘ invest in of budget rival Spirit Airways, a big gain for Biden’s Justice Division, which sued to end the merger, alleging it would drive up fares for some of the most price-delicate […]
Read More
Flight cancellations pile up as winter storm, 737 Max 9 grounding disrupt travel
An Embraer E175LR passengers aircraft of American Eagles airlines (C) taxxing before take-off to Pittsburg is seen at La Guardia Airport on January 9, 2024. Charly Triballeau | Afp | Getty Images Airlines canceled about 2,000 U.S. flights Friday as they grapple with winter weather and the grounding of Boeing 737 Max 9 planes. Storms […]
Read More
Airline stocks tumble after Delta trims profit forecast
A Delta Airlines Boeing 737-700 is seen lining up before departure at Princess Juliana International Airport in St. Maarten. Fabrizio Gandolfo | Lightrocket | Getty Images Delta Air Lines shares slipped about 7% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per share of $6 to $7, below its previous […]
Read More