Delta Air Lines Inc
Airlines temper flying ambitions after chaotic — but profitable — travel rebound
An American Airlines Boeing 737-800, equipped with radar altimeters that may conflict with telecom 5G technology, can be seen flying 500 feet above the ground while on final approach to land at LaGuardia Airport in New York City, New York, U.S., January 6, 2022. Bryan Woolston | Reuters The leaders of the country’s biggest airlines […]
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American Airlines forecasts profit in third quarter thanks to rebound in travel and fares
American Airlines Boing 777-300 wide-body aircraft as seen on final approach for landing at London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images American Airlines on Thursday reported it swung to a profit in the last quarter and said it expects to be in the black in the third quarter, […]
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United Airlines posts profit on travel surge but holds back on flight growth
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines on Wednesday notched a key profit milestone in its pandemic recovery, but said it will scale back its growth plans through 2023. United reported its first quarterly profit — $329 million — since […]
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Air travel complaints nearly tripled in May from same month in 2019, before the pandemic
Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. Angus Mordant | Bloomberg | Getty Images Staffing shortages. Delays. Lost luggage. Massive lines. High fares. Air travelers in 2022 have plenty to complain about. By many measures travel is worse than last year, but here’s how […]
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Stocks making the biggest moves midday: IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 5.25% after the tech company warned of a potential $3.5 billion […]
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Airlines are struggling with lost and delayed bags: What to know and how to pack if you’re traveling this summer
Tim Boyle | Getty Images News | Getty Images Air travel has been rocky this summer — and baggage problems factor among many other issues for travelers like flight cancellations and delays. Nearly 220,000 bags were “mishandled” by U.S. airlines in April 2022, meaning they were lost, damaged, delayed or stolen, according to most recent […]
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Spirit Airlines plans crew base in United stronghold Houston, its third new outpost in five months
A Spirit Airlines aircraft takes off at La Guardia Airport. John Nacion | LightRocket | Getty Images Spirit Airlines said Tuesday it plans to open a crew base at George Bush Intercontinental Airport in Houston, a United Airlines hub, the latest expansion as the discounter plots growth at large airports. Miramar, Florida-based Spirit in March […]
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Stocks making the biggest moves midday: Goldman Sachs, Delta, Boeing, Tesla and more
David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Goldman Sachs – The bank stock jumped 3% after the company posted […]
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Boeing CEO says supply chain issues are hindering 737 Max production increase
An aerial view of several Boeing 737 MAX airplanes parked at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing CEO Dave Calhoun on Monday said the manufacturer won’t ramp up production of its best-selling 737 Max yet because of supply chain constraints. The manufacturer is producing 31 […]
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Stocks making the biggest moves in the premarket: Goldman Sachs, Synchrony Financial, Coinbase and more
Take a look at some of the biggest movers in the premarket: Goldman Sachs (GS) – Goldman gained 2.6% in premarket trading, following upbeat profit and revenue. Second-quarter earnings came in at $7.73 per share, compared to a consensus estimate of $6.58 a share. Goldman’s profit dropped from a year ago, however, as the pace […]
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