airlines

On some occasions, a company will preannounce that is going to have better than expected earnings. When that happens, it is often more difficult to predict the price action in the issue following the announcement for a few different reasons. The primary one: investors already factored in the better...

So far, 2023 is getting off to good start for investors. Of course, the release of the December Consumer Price Index on Thursday morning could change that in a hurry. As of noon Wednesday, the S&P 500 cash index was higher by 2.8% and some sectors were in the green by much more than...

Major Wall Street indices closed over 1% higher on Thursday after the much-awaited year-end rally materialized in the form of dip-buying. The Nasdaq Composite closed 2.59% higher while the S&P 500 rose 1.75%. The Dow gained 1.05%. Here are the five stocks that are drawing investors’...

Many Americans were locked in place during the holidays. Christmas holiday travel plans were largely halted as winter-storm Elliot — which later turned into a bomb cyclone — blew its high winds and icy snow at sub-zero temperatures across most of the continental U.S. Most airlines, like...

American Airlines Group, Inc (NASDAQ: AAL) was sliding about 2.5% lower on Thursday despite printing a third-quarter earnings beat. For the third quarter, American Airlines reported revenue of $13.46 billion, which beat the $13.25-billion consensus estimate. The company reported earnings per share...

Along with the worse-than-expected reading for the September Consumer Price Index, there are a few good third-quarter earnings reports. One came from Delta Air Lines, Inc. (NYSE: DAL), Thursday's PreMarket Prep Stock of the Day. Down Day, Then Up Day Ahead Of Report: Investors were...

The latest Consumer Price Index data shows that gasoline prices fell nearly 5% in September, but fuel costs are still up more than all other categories since last year. Despite airlines continuing to offset rising fuel costs with higher fares, demand isn't...

Labor Day weekend is underway and more than 12 million Americans are expected to fly during this long holiday weekend. According to data from Hopper, passengers across the U.S. are scheduled to fly from Thursday, September 1 to Monday, September 5, averaging about 2.5 million travelers per day...

The U.S. Department of Transportation has decided to take stern action and a possible plan of rule changes for the airlines if they do not come up with improvements for customer service.  During an interview, Transportation Secretary Pete Buttigieg said that travel disruptions were...

Recent multi-billion dollar mergers and upbeat earnings reports in the airline industry have revived optimism in the sector and on airline stocks as investors turn bullish on the sector’s potential after being paralyzed by the COVID-19 pandemic in the past two years.  Several airline...

Strong demand for flights coupled with a reduction in the number of flights will be a key storyline when United Airlines Holdings (NASDAQ: UAL) reports quarterly earnings after market close Wednesday. Could the recent earnings report from Delta Airlines, Inc. (NYSE: DAL) foreshadow what’s to...

There are some good days to report bad earrings when the overall markets are bullish and investors are looking for bargains. Then there are bad days to report bad earnings, such as Wednesday, with the worse-than-expected Consumer Price Index report, and investors are in selling mode. That happens...

Raymond James analyst Savanthi Syth upgraded Frontier Group Holdings Inc (NASDAQ: ULCC) to Outperform from Market Perform while maintaining the same price target of $14 (an upside of 45%). The analyst states that the revised U.S. airline estimates reflect a stronger near-...

Raymond James analyst Savanthi Syth lowered the price target for Delta Air Lines, Inc's (NYSE: DAL) to $50 (an upside of 73%) from $53 while maintaining the Strong Buy rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger...

Raymond James analyst Savanthi Syth updated ratings and price targets for a few U.S. airlines and revised the estimates. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and...