airlines

The commercial aerospace sector is gaining altitude, driven by surging demand for passenger travel, robust freight activity, and a resurgence in aircraft orders. According to Goldman Sachs analyst Noah Poponak, CFA, air traffic recovery is exceeding expectations, with growth now outpacing GDP by...

One year after placing a record-shattering $52 billion order, Emirates Airlines voiced frustration with Boeing (NYSE:BA) over delays in aircraft deliveries. "We're a frustrated entity because we need airplanes, and we need them now," Emirates President Sir Tim Clark told BNN Bloomberg, extending...

Shares of CrowdStrike Holdings Inc (NASDAQ:CRWD) closed at $364.3 apiece on Tuesday and fell by more than 5% in premarket trading on Wednesday. Technical analysis pointed towards a bullish trend after the Texas-based cybersecurity technology company reported its third-quarter earnings. What...

AAA expects record-setting travel numbers for Thanksgiving 2024 with an estimated 79.9 million travelers, up 2% from the previous record set last year. Here's what to know Tuesday before hitting the road later this week for the holiday.  What To Know: AAA attributes the staggering number of...

A scathing Senate report released on Tuesday has criticized major U.S. airlines for profiting billions from seat selection fees, raising questions about transparency and consumer fairness. The Permanent Subcommittee on Investigations revealed that from 2018 to 2023, carriers like American Airlines...

American Airlines Group Inc. (NASDAQ:AAL) is soaring in the technical landscape after achieving the coveted Golden Cross—a bullish signal that occurs when the 50-day moving average climbs above the 200-day moving average. Chart created using Benzinga Pro With the stock trading at $14.38, well...

According to an SEC filing, Spirit Airlines, Inc. (OTC:SAVEQ) CEO Ted Christie was paid a $3.8 million retention bonus just one week before the budget airline filed for bankruptcy.  The Details: Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday and announced a comprehensive...

Shares of Delta Air Lines, Inc. (NYSE:DAL) traded relatively flat on Wednesday as the company hosted its Investor Day, an event designed to provide institutional investors with insights into Delta's future prospects. Ahead of the event, Delta reaffirmed its recent guidance. A classic Japanese...

Boeing Co (NYSE:BA) is issuing layoff notices to 17,000 employees as part of a broader effort to rightsize its workforce. The cuts, totaling 10% of the company's global headcount, come as the plane maker battles financial turbulence, including a shaky stock performance and production slowdowns....

Goldman Sachs has resumed coverage of nine airlines and gave a broad overview of the year ahead for the airline sector. Here's a look at the winners and losers in the industry. The Details: Goldman Sachs analyst Catherine O'Brien said the firm expects supply constraints to continue for the airlines...

Spirit Airlines, Inc. (NYSE:SAVE) shares are trading lower Wednesday. Investors are concerned. The company failed to file its earnings report and said it is in talks with its creditors to develop a restructuring plan. Despite this, there is a chance the stock may be about to head higher. This...

Taiwan’s China Airlines is reportedly on the verge of splitting a substantial order for long-haul passenger jets between Boeing Co. (NYSE:BA) and Airbus SE (OTC:EADSY). This decision aligns with the recent U.S. presidential election outcome, where Republican Donald Trump reclaimed the...

Delta Air Lines, Inc. (NYSE:DAL) saw a 2.61% rise in pre-market trading on Monday. This uptick follows the airline’s recent legal action against Crowdstrike Inc. (NASDAQ:CRWD). As per Benzinga Pro, Delta Airlines was trading at $55.34 after closing at $54.12 on Friday. Crowdstrike, however,...

The U.S. Global Jets ETF (NYSE:JETS) is soaring, up 51.65% over the past year, powered by strong gains in its top holdings, including Delta Air Lines Inc (NYSE:DAL) and Southwest Airlines Co (NYSE:LUV). The ETF just made a Golden Cross, a bullish signal signaling more upside ahead. Chart created...

Delta Air Lines Inc (NYSE:DAL) isn't just taking its customers to new destinations — it's flying high on the stock charts as well. Chart created using Benzinga Pro The airline, nearing its 100th anniversary, is basking in a Golden Cross — a bullish signal where the 50-day moving average crosses...