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FAA Proposes Mandatory Maintenance Checks For Some Boeing 787 Dreamliners
Thursday, August 1, 2024 - 4:09pm | 581Read More...The Federal Aviation Administration has proposed requiring The Boeing Company (NYSE:BA) to conduct maintenance record checks or inspections of some of its 787 Dreamliners after the company reported missing a test on a part to the main landing gear. The FAA has recommended a new airworthiness...
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Family-Friendly Skies: Proposal Aims To End Airline Seating Fees For Parents With Kids (UPDATED)
Thursday, August 1, 2024 - 3:01pm | 769Read More...The Biden administration proposed a new rule on Thursday that would ban airlines from charging junk fees to seat families together on a flight. The law, being proposed by the U.S. Department of Transportation (DOT), would require airlines to seat parents next to their young children for free when...
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Southwest Bids Farewell To Open Seating After Customer Feedback, Poor Earnings
Thursday, July 25, 2024 - 11:25am | 339Read More...Southwest Airlines Co (NYSE:LUV) has stubbornly held on to its first-come-first-serve seating policy for over 50 years. The air carrier will now shed its famous open seating policy after a change in consumer preferences and poor second-quarter earnings. The Dallas, Texas-based company cited how 80...
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American Airlines, Southwest Airlines Q2 Earnings Previews: Will They Address The Microsoft Outage Fallout?
Wednesday, July 24, 2024 - 4:25pm | 1291Read More...Two airline companies will report quarterly financial results Thursday, before market open. The results and comments on the Microsoft Outage could impact the entire airline sector going forward. Microsoft Outage: An update from CrowdStrike Holdings (NASDAQ:CRWD) caused chaos for Microsoft...
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Southwest Airlines Saved By Procrastination: How 32-Year-Old Software Protected Company From Microsoft Outage, CrowdStrike Issues
Monday, July 22, 2024 - 2:08pm | 625Read More...The airline sector was one of the hardest hit by the Microsoft Outage and CrowdStrike (NASDAQ:CRWD) issue on Friday. While the issues have subsided in recent days, one airline may demonstrate its resilience and ability to avoid the outages that impacted its competitors. What Happened: An update by...
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Crowdstrike Update For Microsoft Windows Continues To Cause Chaos, Thousands of US Flights Canceled For Third Straight Day
Sunday, July 21, 2024 - 9:34pm | 646Read More...The global tech outage continues to wreak havoc on U.S. air travel, with over 2,500 flights canceled for the third consecutive day, leading to thousands of passengers stranded. What Happened: On Sunday, about 1,700 flights within, into, or out of the U.S. were canceled, and over 9,000 flights...
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Allegiant Shares Nosedive After Dividend Suspension, New CEO Announcement: What You Need To Know
Thursday, July 18, 2024 - 3:35pm | 324Read More...Allegiant Travel Company (NASDAQ:ALGT) shares took a nosedive on Thursday after company filings revealed that the company is suspending its dividend. The airline industry has struggled in 2024 with rising costs and margin contraction. What Happened: Allegiant revealed the dividend suspension in an...
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United Airlines Q2 Earnings: Revenue Miss, EPS Beat, Guidance Unchanged And More
Wednesday, July 17, 2024 - 4:23pm | 548Read More...United Airlines Holdings Inc (NASDAQ:UAL) reported second-quarter financial results Wednesday after the bell. Here’s a look at the key metrics from the quarter. Q2 Earnings: United Airlines reported second-quarter revenue of $14.986 billion, missing the consensus estimate of $15.096...
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Households Traveling Abroad Jump Nearly 30% Since 2019: What It Means For Airline, Foreign Luxury Stocks
Thursday, July 11, 2024 - 12:38pm | 621Read More...Travel, especially abroad, has historically been a luxury for most Americans. Despite a tightening labor market and uncertain economic conditions, the number of households traveling abroad has soared nearly 30% as households build wealth. The number predictably fell in 2020 and 2021 during the...
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American, United Airlines Shares Are Nosediving Thursday: What's Going On?
Thursday, July 11, 2024 - 10:12am | 441Read More...Airline stocks including American Airlines Group Inc (NASDAQ:AAL) and United Airlines Holdings Inc (NASDAQ:UAL) are losing altitude Thursday in sympathy with Delta Air Lines Inc (NYSE:DAL), which fell on second-quarter earnings results. What Happened With DAL: Delta reported second-quarter revenue...
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Delta Air Lines Stock Shows Bearish Trend Ahead Of Q2 Earnings Report: What Are Analysts Saying?
Wednesday, July 10, 2024 - 11:21am | 648Read More...Delta Air Lines Inc (NYSE:DAL) will be reporting its second-quarter earnings on Thursday. Wall Street expects $2.37 in EPS and $15.5 billion in revenues as the company reports before market hours. The stock is down 3.57% over the past year, but up 16.16% YTD. Let’s examine the charts for...
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Delta Earnings On Deck After TSA Screens Record 3M Passengers: Analyst Says Airline Has 'Insulation' To Industry Issues
Tuesday, July 9, 2024 - 12:08pm | 702Read More...The COVID-19 pandemic, among other headwinds, sent the airline industry reeling after 2020. While Delta Air Lines, Inc. (NYSE:DAL) has outperformed competitors American Airlines Group Inc (NASDAQ:AAL), Southwest Airlines Co (NYSE:LUV) and JetBlue Airways Corporation (NASDAQ:JBLU), it still has much...
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Legal Turbulence Shakes Boeing Stock: Is There More Altitude Ahead?
Monday, July 8, 2024 - 1:07pm | 586Read More...Boeing Co‘s (NYSE:BA) stock might have more room to fly. What Happened: The Arlington County, Virginia-based aerospace company entered into a plea deal with the Department of Justice, avoiding a trial for conspiracy to defraud the U.S. This news has influenced recent stock movements, but...
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What's Going On With American Airlines Shares On Friday?
Friday, June 21, 2024 - 10:48am | 441Read More...After a big dip on Friday morning, American Airlines Group Inc. (NASDAQ:AAL) shares are now trading higher. The air carrier faces potential labor unrest as its unionized flight attendants threaten to strike, following failed negotiations over a new contract. Union representatives indicated major...
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American Airlines Stock Faces Bearish Death Cross: More Downside Ahead?
Monday, June 17, 2024 - 2:24pm | 707Read More...American Airlines Group Inc. (NASDAQ) has been in a downward spiral, with its stock plummeting 32.22% over the past year and 18.16% year-to-date. The recent departure of Chief Commercial Officer Vasu Raja and a downward revision of second-quarter earnings have further dampened investor sentiment,...
















