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Airline CEOs Express Frustration With Boeing's Failures: 'This Isn't New'
Friday, January 26, 2024 - 4:45pm | 649Read More...Boeing Company (NYSE:BA) shares have had a down week after the Federal Aviation Administration (FAA) barred Boeing from expanding production of its 737 Max jets late Wednesday. Airlines are forecasting losses resulting from the fallout, and executives are speaking out about Boeing's quality control...
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Delta Dominates WSJ's Airline Rankings For Third Year, While JetBlue Struggles With Efficiency
Friday, January 26, 2024 - 1:23pm | 552Read More...In a year marked by the aviation industry's remarkable rebound, U.S. airlines have made significant strides toward operational efficiency, achieving notably higher rates of on-time flights and reducing cancellations. This improvement comes as a welcome change for travelers, who have faced...
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Southwest Reports Mixed Q4 Results, 2024 Outlook Remains Optimistic
Thursday, January 25, 2024 - 12:44pm | 392Read More...Southwest Airlines Co (NYSE:LUV) reported a fourth-quarter fiscal 2023 operating revenue increase of 10.5% year-over-year to $6.82 billion, beating the consensus of $6.74 billion. The carrier attributes its revenue performance to healthy leisure demand and continued yield strength, especially...
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American Airlines Vs. Alaska Air: Which Is The Better Buy Heading Into Q4 Earnings?
Wednesday, January 24, 2024 - 1:28pm | 1011Read More...American Airlines Group Inc (NASDAQ:AAL) and Alaska Air Group Inc (NYSE:ALK) are among the popular airlines in the U.S. Both airline companies are reporting their fourth-quarter (Q4) earnings on Jan. 25 before market hours. American Airlines shares are down about 12% over the past year. Wall...
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United Airlines Vs. Southwest Airlines: Which Stock Offers More Upside?
Monday, January 22, 2024 - 3:13pm | 652Read More...United Airlines Holdings Inc (NASDAQ:UAL) and Southwest Airlines Co (NYSE:LUV) are among the top four airlines in the U.S. While United Airlines is reporting fourth-quarter (Q4) earnings on Jan. 22, Southwest is reporting on Jan. 25. The two companies compare well in terms of scale and market...
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United Airlines Gears Up For Q4 Earnings: Investors Brace For Possible Turbulence
Friday, January 19, 2024 - 4:35pm | 503Read More...United Airlines Holdings Inc (NASDAQ:UAL), will be reporting its fourth-quarter earnings on Monday, Jan. 22. Wall Street is expecting the company to report $1.70 in EPS and $13.53 billion in revenues, as it reports after market hours. The company is a major airline known for its extensive domestic...
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China's Post-Pandemic Pullback: A $129-Billion Blow To Global Tourism Sector
Friday, January 19, 2024 - 4:26pm | 856Read More...China’s overseas travel has never significantly recovered since the COVID-19 pandemic. Although the country lifted all pandemic measures over a year ago, foreign tourism remained substantially lower than pre-pandemic levels. Data from aviation analytics firm Cirium, reported by Bloomberg,...
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Dave Portnoy Buys SAVE Stock, Loses 25%, Makes It All Back In Turbulent Spirit Airlines Trading
Thursday, January 18, 2024 - 7:02pm | 837Read More...Shares of airline company Spirit Airlines, Inc. (NYSE:SAVE) were increasingly volatile on Thursday, hitting new 52-week lows after rumors of restructuring options being explored. One well-known internet and sports personality bought shares of the struggling airline company, only to see an immediate...
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Antony Blinken's Grounded Flight Intensifies Boeing's Crisis: Trust Plummets In Latest Survey
Thursday, January 18, 2024 - 4:52pm | 662Read More...Airplane manufacturer The Boeing Company (NYSE:BA) has faced a series of setbacks related to its popular Boeing 737 plane. Compounding the problems, a high-ranking Biden Administration official had to switch planes because of issues with a 737. What Happened: U.S. Secretary of State Antony Blinken...
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JetBlue-Spirit Merger Hits Turbulence: Analysts Downgrade Spirit Airlines Stock
Wednesday, January 17, 2024 - 2:59pm | 573Read More...JetBlue Airways Corp (NASDAQ:JBLU) and Spirit Airlines Inc (NYSE:SAVE) shares have been trading lower since the proposed Spirit-JetBlue merger hit a roadblock Tuesday. A U.S. District Court judge blocked the acquisition of Spirit Airlines by JetBlue, saying that the deal would raise the cost of...
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Passengers Hit Boeing With Lawsuit: Ill-Fated Alaska Airlines Flight Was 'Waking Nightmare'
Friday, January 12, 2024 - 4:24pm | 573Read More...Passengers aboard a Jan. 5 Alaska Airlines (NYSE:ALK) flight that was forced to make an emergency landing have filed a class action lawsuit against Boeing (NYSE:BA), manufacturer of the 737 Max 9. The lawsuit was filed on Thursday, Jan. 11, on behalf of six passengers in King County Superior Court...
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Does Boeing Stock's Recent Nosedive Present A Good Entry Point For Investors?
Wednesday, January 10, 2024 - 2:07pm | 626Read More...Amid ongoing challenges, Boeing Co (NYSE:BA) finds itself in a predicament following the latest incident, raising concerns about the company’s quality assurance processes. However, widespread disruptions to delivery operations seem unlikely. For those not updated on the incident: Over 170...
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Boeing 737 Max 9 Groundings Trigger Stock Turbulence For Carriers As Regulators Order Safety Checks
Monday, January 8, 2024 - 1:03pm | 887Read More...Share prices of airlines that operate Boeing Co‘s (NYSE:BA) 737 Max 9 fell on Monday as air safety regulators ordered inspections of the global fleet after a section of fuselage on an Alaska Airlines (NYSE:ALK) flight blew out shortly after take off on Friday. The incident forced the jet to...
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A Near Disaster For Boeing's 737 Max: Has Cutting Corners Come Back To Bite Boeing Again?
Monday, January 8, 2024 - 10:52am | 15151Read More...It's A Miracle No One Died This Time On Friday, a hole opened up in the fuselage of a brand new Alaska Air Boeing 737 Max. Video of the Alaska Airlines Boeing 737 Max making an emergency landing in Portland after part of the aircraft blew out. The plane had just taken off and had reached...
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Over 170 Boeing 737 Max 9s Grounded, As Alaska Air Passengers Recall Terrifying Incident
Sunday, January 7, 2024 - 7:16pm | 483Read More...Passengers aboard Alaska Airlines (NYSE: ALK) flight 1282 experienced a major scare, as an emergency exit-sized gap suddenly appeared in the side of the plane, leading to a rapid decompression. The plane was en route from Portland to Ontario, California, when the incident occurred. As per a...
















