JetBlue Airways Corp
JetBlue shares fall after airline drastically cuts 2022 growth plans
Technicians inspect a JetBlue Embraer 190 aircraft at Ronald Reagan Washington National Airport in Arlington, Virginia, December 7, 2021. Chris Helgren | Reuters JetBlue Airways shares tumbled more than 9% on Tuesday after the airline slashed its growth plans to avoid a repeat of headaches for travelers and crews during peak season. The New York-based […]
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Jim Cramer says these two airline stocks are the most profitable
CNBC’s Jim Cramer on Monday offered two airline stocks that he believes investors should pick up for their portfolios. “There’s always a bull market somewhere and right now it’s flying at 30,000 feet high. My favorites are the two most profitable, that’s [Delta Air Lines] and [Alaska Air Group]. Just remember to ring the register […]
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SpaceX’s Starlink to provide Wi-Fi on Hawaiian Airlines flights with free service for passengers
Hawaiian Airlines plane Louis Nastro | Reuters SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airline told CNBC it plans to offer to passengers for free. The deal marks the first for Elon Musk’s space company with a major airline. […]
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SpaceX signs first Starlink inflight Wi-Fi deal with charter airline JSX
SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter JSX, as Elon Musk’s company moves into the in-flight Wi-Fi market. CEO Alex Wilcox told CNBC on Thursday that the agreement with SpaceX covers service on up to 100 airplanes. JSX has 77 30-seat Embraer […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open higher after back-to-back Dow gains Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images […]
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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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Airline startup Breeze adds cross-country flights from Westchester in battle for suburbanite travelers
A Breeze Airways airplane on the tarmac at Tampa International Airport (TPA) in Tampa, Florida, U.S., on Thursday, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways plans to add eight flights, including service to California, from Westchester County Airport, a bet that the start-up can win over suburbanites seeking to avoid […]
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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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Wolfe downgrades JetBlue, says proposed acquisition of Spirit makes little sense for airline
Wolfe Research downgraded JetBlue to underperform from peer perform, citing high costs and the potential deal for Spirit. Source
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