Delta Air Lines Inc
American forecasts second-quarter profit on soaring travel demand, stock surges 9%
American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines on Thursday forecast a second-quarter profit as strong bookings help it cover soaring fuel costs. American, the country’s largest airline, said March was the […]
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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 […]
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Stocks making the biggest moves midday: Twitter, Johnson & Johnson, WeWork and more
Vials labelled “COVID-19 Coronavirus Vaccine” and syringe are seen in front of displayed Johnson & Johnson logo in this illustration taken, February 9, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Tuesday. Johnson & Johnson — Shares of the pharmaceutical and consumer giant gained 3% after the company beat […]
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UBS downgrades United, citing risk of rising costs amid fleet upgrade
United Airlines’ fleet renewal plan faces a slew of cost pressures in the current macro environment, UBS says Source
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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 […]
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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
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Cramer’s week ahead: Keep an eye on bonds and Ukraine as earnings season picks up
CNBC’s Jim Cramer on Thursday previewed next week’s slate of earnings and what investors should have on their radar to prepare for the tumultuous market ahead. The “Mad Money” host said that bonds, Russia’s invasion of Ukraine and Covid lockdowns in China are “the stories that do matter with treasurys running roughshod over everything once […]
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Look for durable stocks to weather this ‘hyper-confusing moment’ in the market, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to find stocks that can perform well in any market environment. “This is a hyper-confusing moment, but I want you to search for stocks that can work long-term regardless of whether we’re in the best of times, the worst of times, or both,” the “Mad Money” host said. […]
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Stocks making the biggest moves midday: JPMorgan, Delta Air Lines, PayPal
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares fell 3.5% as JPMorgan Chase reported a $524 million hit from market dislocations […]
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Delta ends $200 monthly health insurance surcharge on unvaccinated employees after Covid cases drop
A Delta Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, U.S., April 7, 2021. Mike Blake | Reuters Delta Air Lines this month ended its $200 monthly surcharge on unvaccinated employees’ company health insurance, ending a pandemic policy designed to encourage staff to […]
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