airlines

The leisure "travel rebound is in full swing" in 2021, BofA Securities wrote in an industry-wide note, adding that U.S. airline stocks are trading 7% above pre-pandemic levels compared to 10% below for the rest of the travel industry. The Airline Analyst: Andrew Didora made changes to the...

The entire commercial air traffic sector is benefiting from a near-term lift and the improved sentiment bodes well for stocks like Boeing Co (NYSE: BA), according to BofA Securities. The Boeing Analyst: Ronald Epstein maintains a Neutral rating on Boeing's stock with a price target lifted from...

Boeing Co (NYSE: BA) has entered a new two-year revolving credit facility agreement for $5.28 billion with a group of banks, according to a regulatory filing on Monday. What Happened: The U.S. planemaker said its latest credit agreement is with Citibank (NYSE: C), JPMorgan Chase & Co (NYSE...

Airline stocks gained altitude Monday after the industry got some of the most encouraging data since the beginning of the pandemic. What Happened: On Sunday, the Transportation Security Administration screened 1.34 million people — 86,000 more than on the same day a year ago. The number...

Boeing Company (NYSE: BA) announced on Friday that Investment 777 Partners, a Miami-based private investment firm, has agreed to purchase 24 737 MAX 8 airplanes with the option to purchase 60 additional planes at a later date. What Happened: A strategic investor in the aviation...

A United Airlines flight, which was flying from Denver to Honolulu, made an emergency landing at Denver International Airport on Saturday after it experienced a right-engine failure shortly after takeoff, Reuters has reported. What Happened: According to the Federal Aviation Administration,...

Pandemic-hit airlines have been among the few sectors that have been left out of the bull market. But their time may be coming, as pent-up demand meets a reopening economy. To prepare, companies have been using the downtime to develop technology and expand their customer bases. Rundown On The...

Mesa Air Group Inc (NASDAQ: MESA) shares traded up 11% Wednesday after BofA Securities upgraded its rating from Underperform to Buy and increased its price target from $2 to $15. BofA analyst Andrew Didora upgraded Mesa Air after the company fixed its balance sheet with government grants...

Investors may be surprised to learn that an airline stock is going public during the COVID-19 pandemic. One filed on Tuesday to do just that with a unique business model that has fared better than competitors during the crisis. What Happened: Low-cost air carrier Sun Country Airlines Holdings Inc...

Since the COVID-19 pandemic began and public health restrictions curtailed activities such as going out to eat or drink, traveling and entertainment, investor interest in those segments has waned.   Here are five stocks that have the potential to move when the economy...

American Airlines Group Inc (NASDAQ: AAL) reported better-than-expected earnings Thursday morning. Despite the coronavirus pandemic, American Airlines was able to travel more Americans than any other airline in 2020. CEO Doug Parker told CNBC's Phil LeBeau that 2021 will be a year of...

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question related to cruise line stocks: Over the next year, which cruise...

Travel data and analytics company, Cirium said in a report that “the pandemic and its consequences wiped out 21 years of global passenger traffic growth in a matter of months, reducing traffic this year to levels last seen in 1999.” What Happened: The press release added...

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveyed a group of over 500 investors on whether shares of American Airlines Group Inc (NASDAQ: AAL) will reach $...

The U.S. Congress members reached a bipartisan agreement on the $900 billion COVID-19 relief package on Sunday, which included much-needed relief aid for the airlines, after elongated negotiations. What Happened: The latest tranche of the relief package includes $15 billion in aid...