airlines

Boeing Co (NYSE: BA) and Spirit AeroSystems Holdings, Inc. (NYSE: SPR) landed upgrades on Wall Street Monday, with a coronavirus vaccine in sight.  The Analyst: UBS analyst Myles Walton upgraded Boeing from Neutral to Buy and doubled the price target from $150 to $300. Walton upgraded...

Aerospace company Boeing Co (NYSE: BA)'s shares surged in the regular and after-hours session Thursday as it bagged an order from Irish airliner Ryanair Holdings Plc (NASDAQ: RYAAY) for the 737 Max jet, the two companies announced Thursday. The 737 Max airplanes were grounded in...

The global vaccination process against the novel coronavirus could start within days, and Raymond James' airline analyst is modeling what this means for the sector. The Analyst: Savanthi Syth made a handful of rating changes: American Airlines Group Inc (NASDAQ: AAL) downgraded from Market...

Boeing Co (NYSE: BA) has revised its forecast for the number of planes Chinese airlines will need through 2039 by 6.3% to 8,600 from the previous estimate of 8,090, Reuters reported Wednesday. What Happened: The increased estimates for Chinese demand come after the Seattle-based planemaker cut its...

The Boeing Co (NYSE: BA) lost 12 more orders for its grounded 737 Max jetliner in October, company data showed on Tuesday. Through October, the company has lost or removed 1,043 orders for 737 Max. The company's outstanding orders fell to 4,275 in October from 4,...

Boeing Co’s (NYSE: BA) 737 MAX jets may be ungrounded next week as the United States Federal Aviation Administration is in the final stages of reviewing changes to the jet, Reuters reported Monday. What Happened: Three sources familiar with the matter told the newswire that the planes may be...

Spirit Airlines, Inc. (NYSE: SAVE) reported third-quarter results on Wednesday along with a "refreshingly differentiated" outlook for the fourth quarter, according to JPMorgan. The Analyst: Jamie Baker upgraded Spirit Airlines from Neutral to Overweight with a price target lifted from $19...

United Airlines Holdings Inc (NASDAQ: UAL) missed earnings expectations for its third quarter on Wednesday. Throughout Q3, the company's primary focus was on controlling cash burn, ensuring liquidity, and amending its cost structures. Of its total operating revenue, turnover from...

U.S. markets fell sharply on Tuesday as President Donald Trump stalled the stimulus talks. Dow Jones and the S&P 500 futures have reversed course after Trump tweeted in support of signing the $25 billion airline relief package and $135 billion Paycheck Protection Program late Tuesday. What...

Low-cost carrier Southwest Airlines Co (NYSE: LUV) is asking union employees to accept pay cuts for the fist time through the end of the next year to avoid furloughs and job cuts, reports the Wall Street Journal. What Happened: Airlines had received federal aid of $25 billion earlier this year....

American Airlines Group Inc (NASDAQ: AAL) said in a letter to employees Wednesday that 19,000 will be furloughed starting Thursday after the federal Payroll Support Program expires. Airline Layoffs Underway As Stimulus Talks Continue: Talks on extending the relief program under...

The Past Week, In A Nutshell What Happened: Last week ended negative with mega-cap and technology stocks regaining strength into week-end. Remember This: “Markets had embedded substantial optimism in early September, with the valuation of the S&P 500 at the highest level in 20 years and...