Southwest Airlines Co
JetBlue resets with new CEO, industry veterans to run airline on time, and profitably
A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs/CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to get back to basics. JetBlue was a pioneer in seat-back […]
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JetBlue swings to a loss, forecasts lower capacity in 2024
JetBlue planes at JFK’s Terminal 5 in New York. Leslie Josephs/CNBC JetBlue Airways swung to a loss in the fourth quarter and forecast lower capacity this year as it scrambles to return to profitability. The New York-based airline reported a net loss of $104 million in the last three months of 2023, compared with a […]
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Southwest Airlines can take Boeing Max 7 out of 2024 options for the reason that of certification delays
Southwest Airways rated as the 2nd-ideal domestic airline, in accordance to Bounce’s 2023 Airline Index. Aaronp/bauer-griffin | Gc Illustrations or photos | Getty Visuals Southwest Airways has taken the Boeing 737 Max 7 out of its fleet plans as regulators have not nonetheless licensed the smallest model of the manufacturer’s best-marketing airplane. Southwest grew to […]
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American Airlines posts narrow fourth-quarter profit
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines. Shares of the company rose […]
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FAA chief vows 'boots on the ground' at Boeing until quality control system is working
Michael Whitaker, nominee to be the next administrator of the Federal Aviation Administration (FAA), testifies during a Senate Committee on Commerce, Science, and Transportation hearing on Capitol Hill October 4, 2023 in Washington, DC. The FAA has been without a Senate-confirmed administrator for 18 months. (Photo by Drew Angerer/Getty Images) Drew Angerer | Getty Images […]
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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 […]
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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 […]
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United Airlines forecasts to start with-quarter loss due to Boeing 737 Max 9 grounding
A United Airways Boeing 737 Max 9 plane lands at San Francisco International Airport on March 13, 2019. Justin Sullivan | Getty Pictures United Airlines on Monday forecast a very first-quarter loss because of to the Federal Aviation Administration’s grounding of Boeing 737 Max 9 planes this thirty day period just after a element blew […]
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United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Monday forecast a first-quarter loss due to the FAA grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska […]
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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 […]
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