airlines

Although U.S. airline companies are poised for a stronger near-term revenue trend, they face elevated fuel prices, a potential demand softening and capacity growth moderation, according to Raymond James. Southwest Airlines Analyst Savanthi Syth upgraded the rating for Southwest Airlines Co (NYSE:...

American Airlines Group Inc (NASDAQ: AAL) plans to discontinue service to four U.S. cities from September. The cities will lose scheduled commercial air service entirely, reported CNBC. AAL blamed the service restrictions on a regional pilot shortage. The report further noted American...

American Airlines Group, Inc (NASDAQ: AAL) was falling more than 2% on Tuesday after declining 20% between June 7 and Monday. On Tuesday, the airline announced about 4,500 pilots at three of its regional carriers, Envoy, Piedmont and PSA airlines, would receive large pay increases, with...

A merger of Spirit Airlines Incorporated (NYSE: SAVE) is “a high probability outcome,” and a merger with JetBlue Airways Corporation (NASDAQ: JBLU) is more likely than with Frontier (NASDAQ: ULCC), according to a JPMorgan analyst.  The Spirit Airlines Analyst: Jamie Baker upgraded...

If you think filling your car’s gas tank is expensive, how about filling the tanks for a Boeing Co (NYSE: BA) 737-800? A 737-800 has a fuel capacity of 6,875 gallons and as of April 25, according to the U.S. Gulf Coast Jet Fuel Spot price, jet fuel costs $4.27 a gallon, holding steady between...

The date of Jan. 1, 1914, marked the world's first passenger airline service, endeavored by the aptly named “The St. Petersburg-Tampa Airboat Line,” which flew from St. Petersburg, Florida and landed in nearby Tampa. The trailblazing company was operational for just four months,...

American Airlines Group, Inc (NASDAQ: AAL) flew up more than 10% higher at one point on Wednesday, after breaking up bullishly from an inverted head-and-shoulders pattern on the daily chart. An inverted head-and-shoulder pattern can be either a powerful reversal indicator when found at...

We’re at the beginning of the spring season when individuals in the U.S. are finalizing preparations for summer vacations. To many air travelers' surprise, upon checking the prices for flights, it seems recent inflation has stretched to every corner of the American economy with Bloomberg...

Airline stocks have been on a wild ride in the past month as the Russian invasion of Ukraine has pushed crude oil prices to their highest level in 13 years. Top airline stocks plummeted in the opening days of March as investors feared the negative impact of surging fuel prices could have on...

Russia has issued a notice to air missions (NOTAM), closing almost all of Eastern Ukrainian airspace. What Happened: The civil aviation notice comes with “no limit or ending time,” according to a tweet by Open Source Intelligence Monitor.  Russia has Issued a Civil Aviation NOTAM...

Airline stock investors hoping for a return to normalcy in 2022 got some very bad news in late November when scientists discovered the omicron variant of COVID-19. The omicron news was a devastating blow for airline stock investors, but Bank of America analyst Andrew Didora said Tuesday that...

Boeing Co (NYSE: BA) has struggled with several production issues in its 787 program in recent years. In anticipation of further production delays, on Monday one analyst once again cut his 787 delivery targets and price target for Boeing stock. The Analyst: Bank of America analyst Ronald Epstein...

Delta Air Lines Inc. (NYSE: DAL) and Southwest Airlines Co. (NYSE: LUV) are two airline stocks pushing higher Thursday. Stocks are pushing higher after Dr. Anthony Fauci said that you don't have to change holiday plans due to the COVID-19 variant omicron if you are vaccinated. Delta was up...

Daily trades of influential fund manager Cathie Wood's ARK Invest are invariably tracked by investors to hit upon the next winning idea. On Friday, the firm bulked up on shares of on-demand air travel company Blade Air Mobility Inc (NASDAQ: BLDE). What Happened: Ark Invest's ARK...

While United Airlines Holdings Inc.’s (NASDAQ: UAL) guidance came in line with expectations, its cost commentary for 2022 is a key differentiator, according to BofA Securities. The United Airlines Holdings Analyst: Andrew Didora maintained an Underperform rating for United Airlines Holdings...