airlines

Mexican low-cost carrier Volaris — formally known as Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS) — will accept payments in Bitcoin (CRYPTO: BTC) in El Salvador, as per the country’s President Nayib Bukele. What Happened: The...

Corporacion America Airports SA (NYSE: CAAP) total passenger traffic for September 2021 improved by 227.8% year-over-year and declined 47.7% compared to September 2019. Domestic Passengers increased 300.5% to 2.33 million; International increased by 229.6% to 982 thousand, and...

Starlink, the satellite internet service being tested by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's SpaceX, may soon be part of your air travel. What Happened: In response to a Twitter user's question on whether Musk has any plans to make Starlink available on any airlines, he...

Boeing Co (NYSE: BA) shares are trading lower Thursday after the company announced it is dealing with a defect on its 787 Dreamliner. The defect involves titanium parts that are weaker than they should be. A Boeing spokesman said the company is making progress on improving production and...

Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the past 12 months is 36.5%. But there is no question some big-name stocks performed better than others along the way. JetBlue...

General Electric Co (NYSE: GE) and Vietnam’s leisure airline Bamboo Airways are set to sign a $2 billion deal on Tuesday, Reuters reported citing the airline. What Happened: As part of the deal, the Vietnamese airline would buy GEnx engines to power the Boeing Co’s (NYSE: BA)...

American Airlines Group Inc (NASDAQ: AAL) stock was flying higher Monday after the White House announced it would ease restrictions for travelers from the U.K. and European Union. Beginning in November, foreign air passengers will be able to enter the U.S. with proof of vaccination and a...

Morgan Stanley maintained its Overweight rating on Delta Air Lines, Inc (NYSE: DAL) and lowered its price target to $67 on Tuesday. The price target was a gift to traders and investors with Delta currently trading about 70% below the $67 mark near the $40 level. The travel sector has been alarmed...

BofA analyst Murilo Freiberger downgraded Azul SA (NYSE: AZUL) to Underperform from Neutral and changed the price target to $20.80 (implying an upside of 1.27%), up from $15. Freiberger states that Brazilian airlines have done an "impressive" job...

Mesa Air Group Inc (NASDAQ: MESA) reports Mesa Airlines' operating performance with 32,501 block hours in August 2021, a 73.4% increase from August 2020, reflecting continued increased summer flying and the relaxation of certain COVID restrictions. Departures in August 2021...

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) reported preliminary air traffic figures for August 2021. In the domestic market, demand (RPK) for GOL's flights increased 84.7%, and supply (ASK) increased by 83%, and the domestic load factor was 80.2%, a 0.8 p.p increase...

Boeing Co’s (NYSE: BA) largest customer outside the U.S. — the European budget airline Ryanair Holdings Plc (NASDAQ: RYAAY) — said on Monday it has ended talks with the planemaker related to a potential new order worth billions of dollars for the 737 MAX 10 jets due to...

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The director-general of the International Air Transport Association acknowledged Monday that the organization has not seriously valued cargo throughout its history but said the pandemic taught airline executives that shipping goods can be profitable with more focused service. "People probably...

United Airlines Holdings Inc (NASDAQ: UAL) shares are trading lower Monday, likely a continuing momentum after the company had an airplane lose an engine while flying over Colorado. United Airlines was down 3.59% at $46 at last check Monday. United Airlines Daily Chart Analysis The stock...