Southwest Airlines Co
Aviation industry pushes Congress for air traffic improvements, more hiring
File photo shows the air traffic control tower at Chicago’s Midway International Airport. M. Spencer Green | AP Aviation industry members on Tuesday again urged lawmakers for newer air traffic control technology and more hiring of air traffic controllers as airlines continue to complain about longtime shortfalls, while air travel demand has boomed. Their testimony […]
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Stocks making the biggest moves premarket: Tesla, Southwest Airlines, Coinbase, Capri and more
Check out the companies making headlines in premarket trading. Tesla — The electric vehicle stock jumped nearly 3% after Morgan Stanley’s Adam Jonas named embattled Tesla a new top pick in U.S. autos, with expectations of a roughly 50% bounce in store. Southwest Airlines — Shares slid 2% after JPMorgan downgraded the airline carrier to […]
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U.S. transport chief seeks to boost air traffic control hiring
The air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia. Saul Loeb | AFP | Getty Images U.S. Transportation Secretary Sean Duffy said on Thursday the Trump administration will take steps to boost air traffic controller hiring after a series of recent safety incidents again raised questions about a persistent staffing shortage. The Federal Aviation Administration will open its hiring window to […]
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Trump is ‘not happy’ with Boeing over Air Force One delays, but airlines are growing upbeat
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC President Donald Trump expressed frustration in recent days about the long wait for a pair of Boeing 747s that will serve as the new Air Force One planes. The planes are years behind schedule. Trump negotiated the $4 billion contract for the aircraft […]
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JetBlue talking to ‘multiple airlines’ about a new partnership
A JetBlue plane takes off from Los Angeles International Airport (LAX) on Jan. 03, 2025 in Los Angeles, California. Mario Tama | Getty Images JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday. “If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George, […]
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Stocks making the biggest moves premarket: Southwest, Medtronic, Snowflake, Bath & Body Works & more
Check out the companies making headlines in premarket trading. Delta Air Lines — Shares retreated 0.8% after a Delta flight from Minnesota to Toronto crashed on landing on Monday afternoon. At least 18 people were reported injured, according to local officials. Southwest Airlines — The value-focused carrier popped 2.4% after Southwest said it would cut […]
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Southwest Airlines to cut 15% of corporate jobs in ‘unprecedented’ move to cut costs
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called […]
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Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace
Emergency response units search the crash site of the American Airlines plane on the Potomac River after the plane crashed on approach to Reagan National Airport on January 30, 2025 in Arlington, Virginia. Andrew Harnik | Getty Images Rescuers were still retrieving bodies out of the frigid Potomac River on Thursday morning, but the deadliest […]
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Stocks making the biggest moves premarket: United Parcel Service, Microsoft, Caterpillar and more
Check out the companies making headlines before the bell. United Parcel Service — Shares fell more than 14% in premarket trading after the delivery giant said it reached a deal with Amazon , its largest customer, “to lower its volume by more than 50% by the second half of 2026.” UPS also said it’s launching […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Strong run threatened U.S. stocks were set to fall to start the week. Shares of AI companies – which have driven the market in recent months – tumbled amid concerns about a possible lower-cost AI competitor in China. The […]
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