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'I'm Going To Die!': Passengers Experience 15-Minute Nightmare During Alaska Air's Harrowing Emergency, 65 Boeing 737 Max 9 Jets Grounded
Saturday, January 6, 2024 - 1:41pm | 789Read More...Alaska Air Group, Inc. (NYSE: ALK) temporarily grounded 65 Boeing Company (NYSE: BA) 737 Max 9 jets following an emergency landing at Portland International Airport on Friday. Passengers reported a midair pressure issue causing damage to the fuselage, ...
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JetBlue-Spirit Merger Trial Ends, Judge Hints At Conditions For $3.8B Acquisition Approval
Friday, December 8, 2023 - 12:48pm | 465Read More...Over three decades ago, JetBlue Airways Corp (NASDAQ:JBLU) and Spirit Airlines Inc (NYSE:SAVE) were sued by the Justice Department for unlawfully coordinating fares. The trial finally ended on Friday, with the judge hinting that the acquisition could go ahead under some circumstances. During the...
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Why Southwest Airlines Stock Is Cleared For Take-Off
Thursday, December 7, 2023 - 2:06pm | 309Read More...Southwest Airlines Company (NYSE: LUV) shares are trading higher Thursday as shares of several airline stocks climb following upbeat guidance and commentary from JetBlue Airways (NASDAQ: JBLU). What To Know: JetBlue said that demand for travel remains healthy, with close-in bookings exceeding...
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Bull Market Takes Flight For Airline Stocks As Rosier 2024 Outlook Clears Wall Street's Last Hurdles
Wednesday, December 6, 2023 - 3:54pm | 770Read More...Stocks in the airline industry, as tracked by the U.S. Global Jets ETF (NYSE:JETS), have surged more than 20% since early November. This underscores a new bull market phase, fueled by strong demand and optimistic future projections. Earlier this year, airline stocks were riding high on the...
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Alaska Air Set To Acquire Hawaiian Airlines In $1.9B Deal
Sunday, December 3, 2023 - 4:13pm | 316Read More...Alaska Air (NYSE: ALK) has declared its intent to acquire Hawaiian Airlines (NASDAQ: HA) in a deal worth $1.9 billion. As reported by CNN on Sunday, this merger is expected to provide customers with a broader range of domestic and international options. Both airlines will retain their individual...
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Boeing Excluded From US Air Force's 'Doomsday Plane' Project, Spotlight On Sierra Nevada For SAOC Contract
Saturday, December 2, 2023 - 5:37pm | 711Read More...Boeing Company (NYSE: BA) has been reportedly excluded from the U.S. Air Force's competition to develop the successor to the E-4B Nightwatch, often referred to as the "Doomsday Plane" for its nuclear war resilience. This development, confirmed by Boeing on Friday,...
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JetBlue's Stock Drops To Lowest Point In More Than 10 Years, Other Airlines Could Be Next
Tuesday, October 31, 2023 - 5:58pm | 457Read More...JetBlue Airways Corporation’s (NASDAQ: JBLU) stock fell to a new 10-year-low Tuesday following the company’s disappointing earnings report. On top of missing analysts’ expectations, the company is preparing to go to court over its acquisition of Spirit Airlines Inc (NYSE: SAVE)....
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Boeing Struggles To Meet Production, FCF Growth Targets: Analysts Look Closer At Q3 Results
Thursday, October 26, 2023 - 2:53pm | 436Read More...Boeing Co (NYSE: BA) shares were climbing in early trading on Thursday after the company reported its third-quarter loss had narrowed. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Boeing Analyst Ken...
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United Airlines Stock Is Grounded Following Q3 Results: The Details
Tuesday, October 17, 2023 - 4:29pm | 487Read More...United Airlines Holdings Inc (NASDAQ: UAL) shares are trading lower in Tuesday's after-hours session on the heels of the company's third-quarter results. Here's a rundown of the report and a look at what's driving the action. Q3 Key Metrics: United said...
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Delta Air Lines' Profit Skyrocketed As Travel Demand Stays Strong
Monday, October 16, 2023 - 10:50am | 597Read More...With its latest reported quarter, the results of Delta Air Lines (NYSE: DAL) reflected a strong travel demand during the summer that fueled a nearly 60% profit rise. However, the carrier guided for full-year earnings toward the low end of an earlier estimate due to an increase in fuel prices....
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Airbus Hits Jackpot: Hong Kong-based Cathay Pacific's $4.66B Splurge On A320neo Jets
Saturday, September 30, 2023 - 11:58am | 684Read More...In a significant move, Airbus SE (OTC: EADSY) (OTC: EADSF) received an order worth $4.66 billion from Hong Kong's renowned Cathay Pacific Airways, Ltd.(OTC: CPCAY). Under the deal, Cathay will acquire an additional 32 Airbus A320neo Family aircraft. ...
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Ground Control To Congress, Commencing Countdown, Engines Off: How Government Shutdown Could Impact Air Travel
Friday, September 29, 2023 - 2:54pm | 786Read More...The travel industry has experienced a surge since coming out of the COVID-19 pandemic, fostering optimism for airline stocks. But now a potential government shutdown could temper some of this optimism, with air travel and its patrons poised to experience the repercussions firsthand. What...
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Banks Selling What They Can
Wednesday, September 20, 2023 - 12:39pm | 630Read More...Sell What You Can The August CPI report did not alter the broad disinflationary trend, though it lowered the probability of the death of the last rate hike DOT. CPI also whipsawed investors for the second consecutive month, the better-than-expected July report failed to reverse the August bear...
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Netflix, Faraday Future, Amazon, American Airlines, Tesla: Five Stocks Trending Among Investors Today
Wednesday, September 13, 2023 - 9:49pm | 771Read More...U.S. stocks showcased a mixed performance as trading neared its end on Wednesday. The Dow Jones experienced a dip, falling by 70 points or 0.2% to settle at 34,575.53. In contrast, the NASDAQ exhibited a slight uptick, rising by 0.29% to 13,813.59. The S&P 500 also displayed a marginal gain,...
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Airlines Caught In Airfare Scandal: Antitrust Lawsuit Shakes Delta, United
Wednesday, September 13, 2023 - 4:09pm | 363Read More...Delta Air Lines Inc. (NYSE:DAL) and United Airlines Holdings Inc. (NYSE:UAL) find themselves at the center of an antitrust class action lawsuit. The accusations? Conspiring to inflate airfares across the U.S. by artfully reducing available seats on domestic flights. U.S. District Judge Colleen...















