U.S. airlines will begin their flurry of fourth-quarter earnings reports on Jan. 12, when Delta Air Lines Inc. announces its results. But investors interested in the airline space might be Read more
Tag: JetBlue Airways Corp.
Airline stocks fell premarket after FAA says all U.S. flights grounded over computer outage
Airlines stocks fell across the board in premarket trade Wednesday, after the Federal Aviation Administration said a computer outage had led to all U.S. fights being grounded. The agency said Read more
Southwest’s widespread flight cancellations to be probed by Transportation Department
The U.S. Department of Transportation said it will look into flight cancellations by Southwest Airlines that have left travelers stranded at airports across the country amid an intense winter storm Read more
Delta Air Lines stock jumps on raised guidance, as carrier cites ‘robust’ demand for air travel
Delta Air Lines’ stock rose 4.7% before market open on Wednesday after the company raised its earnings guidance. The carrier DAL, -4.00% said it is executing on its three-year recovery Read more
American Airlines Q3 results lift United, Delta amid strengthening travel demand
Shares of United Airlines and Delta Air Lines were lifted by strong results from American Airlines on Thursday. The results provide another boost to the airline industry in its recovery Read more
Delta kicked off airline earnings season with a bang. What does it mean for other carriers?
Delta Air Lines kicked off the airline sector’s earnings reporting season this week amid concerns about the impact of fuel prices and hiring challenges on the industry. Nonetheless, Delta Air Read more
Airline stocks rise on Delta’s strong 3Q revenue as carrier touts continuing travel recovery
Airline stocks rose in premarket trading on Thursday after Delta Air Lines reported third-quarter revenue significantly above the same period in 2019, before the pandemic hit. Delta Air Lines Inc.’s Read more
Airlines enter earnings season wrestling with fuel prices, hiring challenges
The earnings season for the U.S. airline industry is about to start. So what can we expect? Cowen analyst Helane Becker says that the airline industry is still wrestling with Read more
Here’s why Frontier stock is rallying 20% on the day that JetBlue and Spirit agree to merge
JetBlue Airways Corp. may have won the tug-of-war for ultra low-cost Spirit Airlines Inc., but investors are seeing plenty of upside for Frontier Group Holdings Inc., with shares of the Read more
Spirit ends merger deal with Frontier, will continue talks with JetBlue
Spirit Airlines Inc. said late Wednesday it has ended its merger agreement with Frontier Group Holdings Inc. and will continue “discussions” with JetBlue Airways Corp., which doggedly pursued the ultra Read more
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