JetBlue Airways Corp
Stocks making the biggest premarket moves: KeyCorp, Starbucks, JetBlue, Eli Lilly and more
Check out the companies making the biggest moves in premarket trading: KeyCorp — Shares of the Cleveland-based regional bank jumped 18% after the announcement of a minority investment from The Bank of Nova Scotia. The deal gives Scotiabank 14.9% of KeyCorp’s common stock for roughly $2.8 billion in cash. Starbucks — Shares of the coffee […]
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Stocks making the biggest moves midday: JetBlue, Sprouts Farmers Market, Varonis Systems and more
Check out the companies making headlines in midday trading: JetBlue — The airline soared almost 20% after reporting second-quarter earnings that beat analysts’ expectations . The New York City-based carrier posted adjusted earnings of 8 cents per share, excluding one-time items, compared to analysts’ estimated loss of 11 cents per share, according to LSEG. Revenue […]
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JetBlue jumps 20% after surprise profit, $3 billion aircraft spending deferral
A JetBlue Airways jet comes in for a landing after flights earlier were grounded during an FAA system outage at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Mike Segar | Reuters JetBlue Airways shares jumped 20% on Tuesday after the airline posted a surprise profit and said it would defer […]
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Budget airline Spirit is trying to go upmarket with snacks, Wi-Fi and checked bags included
A Spirit commercial airliner prepares to land at San Diego International Airport in San Diego, California, U.S., January 18, 2024. Mike Blake | Reuters Free Wi-Fi? Free checked bag? Free snacks? On Spirit? The Florida-based carrier that is practically synonymous with budget air travel in the U.S. said Tuesday that it plans to offer packages […]
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Stocks making the biggest moves premarket: CrowdStrike, Merck, PayPal, JetBlue and more
Check out the companies making headlines in premarket trading. CrowdStrike — Shares slipped 5% after CNBC reported that stated Delta Airlines has retained legal counsel to pursue damages from both CrowdStrike and Microsoft following after a software update led to mass flight interruptions in July. Woodward — The aerospace and industrial equipment company slipped more […]
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Stock futures are flat in overnight trading ahead of key corporate earnings: Live updates
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were flat in overnight trading Monday as investors awaited key corporate earnings and the beginning of the Federal Reserve’s policy meeting. Futures on the Dow Jones Industrial Average inched up 20 points. S&P 500 futures and Nasdaq […]
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U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
Airplanes from United and JetBlue and Delta populate the taxiway at Laguardia Airport in the Queens borough of New York City. Bruce Bennett | Getty Images U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led to lower fares and reduced […]
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Air travel demand is breaking records. Airline profits are not
Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines have forecast record demand, and in some cases, revenue. But higher […]
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How Delta made itself America’s luxury airline — and what United wants to do about it
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s unit revenue, the amount it brings in for every seat it flies one mile, outpaced its competitors’ last […]
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Delta to launch premium economy service on NYC-LA flights in air travel upsell race
A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines said Monday that it will bring its premium economy service to transcontinental flights in […]
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