aviation

Archer Aviation Inc (NYSE:ACHR) stock gained Friday after Wall Street analysts rerated it after its fourth-quarter report Thursday. The company reported a fourth-quarter loss of $1.42 per share, missing analyst estimates for a loss of $1.24 per share. Archer Aviation said its quarterly spending...

Archer Aviation Inc (NYSE:ACHR) reported financial results for the fourth quarter Thursday after the bell. Here’s a look at the key details from the print. Q4 Earnings: Archer reported a fourth-quarter loss of $1.42 per share, missing analyst estimates for a loss of $1.24 per share, according...

Delta Air Lines, Inc. (NYSE:DAL) has put forth a “no strings attached” offer of $30,000 to each passenger of a flight that crash-landed in Toronto. Legal advisors weigh in if passengers should accept this proposal. What Happened: Delta Air Lines has proposed a $30,000 payment to...

JPMorgan shifted gears on air mobility stocks Archer Aviation Inc (NYSE:ACHR) and Joby Aviation Inc (NYSE:JOBY), downgrading them despite strong sector enthusiasm. Analyst Bill Peterson adjusted Archer Aviation stock to a Neutral rating and Joby Aviation stock to Underweight, noting their...

Joby Aviation Inc (NYSE:JOBY) shares are falling in extended trading Tuesday after the company announced it entered into an equity distribution agreement. What Happened: In a new regulatory filing released after the market close on Tuesday, Joby announced an offering agreement under which the...

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...

Southwest Airlines Co. (NYSE:LUV) is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Management. In its recent earnings report, the airline posted a 5.3% increase in total operating revenue, hitting $6.87 billion —...

United Airlines (NASDAQ: UAL) is benefiting from upbeat air travel demand. UAL's proactive measures toward sustainability and innovation are praiseworthy. However, weakness in liquidity and increased operating expenses are hurting the company's prospects. Factors Favoring UAL United...

Jeff Bezos, the founder of Amazon.com Inc., has reportedly added a Gulfstream G700 to his collection of private jets, valued at $80 million. What Happened: According to JetSpy and Jack Sweeney, who is well-known for tracking the aircraft of Elon Musk and Taylor Swift, Bezos received the $80 million...

Joby Aviation, Inc. (NYSE:JOBY) shares are trading higher after the company reported its second-quarter financial results Wednesday. Here's a look at the details from the report.  The Details: Joby Aviation reported quarterly GAAP losses of 18 cents per share, which met the analyst consensus...

Joby Aviation Inc. (NYSE:JOBY) stock is catching the market’s attention with a 3.64% rise by 2:30 p.m. ET and was trading at $5.14 per share at last check Tuesday. This surge comes on the back of exciting news that the company has formally applied for its revolutionary electric air taxi to...

Boeing Co.‘s (NYSE:BA) CEO, David Calhoun, is set to appear before U.S. senators on Tuesday, where he will be questioned about the company’s safety measures amid ongoing investigations. What Happened: Calhoun is expected to address the Senate investigations subcommittee, chaired by Sen...

Airbus SE (OTC:EADSY) is reportedly encountering additional challenges in its planned increase in passenger jet production. The world’s leading aircraft manufacturer is struggling with persistent shortages of parts and labor, reported Reuters, citing a source. It is unclear whether the...

One person has died following a Singapore Airlines (SIA) flight from London to Singapore that encountered severe turbulence on Tuesday. What Happened: The flight, SQ321, took off from London’s Heathrow Airport at 10:38 p.m. local time on Monday and was diverted to Bangkok on Tuesday. It...

Major airline stocks like Boeing Inc. (NYSE:BA), United Airlines Holdings Inc. (NASDAQ:UAL), Ryanair Holdings plc (NASDAQ:RYAAY) and Delta Air Lines (NASDAQ:DAL) are taking a hit in the pre-market as President Joe Biden gives his approval to the Federal Aviation Administration (FAA) Reauthorization...