airlines

Air Canada (OTC: ACDVF) introduced a new health and safety policy, making it mandatory for all airline employees to be fully vaccinated against COVID-19 and report their vaccination status on October 30, 2021. Recently, the Government of Canada directed employees in the federally...

Alaska Air Group, Inc. (NYSE: ALK) has accelerated its fleet growth by exercising options early on 12 Boeing (NYSE: BA) 737-9 aircraft.  The option aircraft are now firm commitments for 2023 and 2024, bringing Alaska's total firm 737-9 order to 93 aircraft, five...

Copa Holdings, S.A. (NYSE: CPA) reported a decline of 42.1% in July 2021 revenue passenger miles (Traffic) to 1.135 billion compared to July 2019. Available seats per miles (Capacity) was down 36.4% to 1.44 billion compared to July 2019. Load factor was at 78.8%, down 780 bps...

Boeing Co (NYSE: BA)’s 737 MAX plane took its maiden test flight in China above Shanghai on Wednesday, Reuters reported — citing flight-tracking website Flightradar24. What Happened: A 737 MAX 7 test plane that is in China to win back regulator confidence, took off from Shanghai...

American Airlines Group Inc (NASDAQ: AAL) and Southwest Airlines Co (NYSE: LUV) reversed course on Thursday after selling off for months amid fear over rising COVID-19 Delta variant cases. Bullish investors seem to have largely left the travel sector over worries subsequent waves of the virus...

Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the past 12 months is 36.3%. But there is no question some big-name stocks performed better than others along the way. Southwest’s Big Run:...

Ryanair Holdings plc (NASDAQ: RYAAY) reported first-quarter revenue growth of 196% year-over-year to €371 million. The company reported a Q1 net loss of €(273) million, compared to a €(185) million loss a year ago. Scheduled revenues were up 91% Y/Y, reflecting a rise...

Air Canada (OTC: ACDVF) reported second-quarter operating revenue growth of 59% year-over-year to C$837 million. Loss per share reduced to C$(3.31) compared to C$(6.44) in 2Q20. Operating loss was C$(1.13) billion, versus a C$(1.56) billion loss in 2Q20. Adjusted EBITDA loss...

Alaska Air Group, Inc. (NYSE: ALK) reported second-quarter operating revenue growth of 263% year-over-year to $1.53 billion, beating the consensus of $1.50 billion. Adjusted loss per share of $(0.30) compared to a $(3.57) loss last year, beat the consensus for $(0.73) loss....

The market took a rough ride through the recent past Monday, crumbling under the weight of Covid as the virus quickly spread in the U.S. and across the world. The Delta variant raised questions about the strength of the recovery, and stocks that stood to benefit most from an economic revival—...

American Airlines (NYSE: AAL) is getting people back to work. Late last week, the company asked about 3,300 flight attendants to be back by the holiday travel season to meet rising demand from customers, according to a release by the Association of Flight Attendants. The airline also plans to hire...

The return of business travel and expected improvements in company fundamentals have turned Raymond James analysts bullish on Delta, Inc. (NYSE: DAL). The Delta Analyst: Savanthi Syth upgraded Delta from Market Perform to Strong Buy and set a $58 price target.  The Delta Takeaways:...

American Airlines Group Inc. (NASDAQ: AAL) stock may be ready to rally. After finding support around the $20 level, it has broken its downtrend line. When stocks are trending lower, the bears are in charge of the market. Their sell orders overpower the bulls. When stocks are trending higher, it...

Arch Street Capital Advisors and VEREIT announced the acquisition of Atlas Air's 100,000 SF regional headquarters, strategically located in proximity to the Cincinnati / Northern Kentucky International airport and the newly developed, three million-square-foot global hub...

Mesa Air Group Inc (NASDAQ: MESA) reports Mesa Airlines' operating performance, with 30,015 block hours in June 2021, a 224.6% increase from June 2020, reflecting increased flying due to industry recovery from the COVID-19 pandemic. Monthly block hours increased by 6.2%. Departures...