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: Southwest Airlines Co.
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 sees flight cancellations costing up to $825 million
Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for the fourth quarter, because of the costs associated with all the flights it canceled in Read more
Southwest Airlines cancels another 2,300 flights with schedule in chaos
Southwest Airlines continued to extract itself from sustained scheduling chaos Thursday, cancelling another 2,350 flights after a winter storm overwhelmed its operations days ago. The Dallas carrier acknowledged it has Read more
Dow up 300 points as jobless claims data deemed ‘welcome news for the Fed’
U.S. stocks bounced back in early trading on Thursday, after the Nasdaq nearly hit a 30-month low a day earlier, as the market looked set to erase some of its Read more
Southwest Airlines flight cancellations continue to snowball
Families hoping to catch a Southwest Airlines flight after days of cancellations, missing luggage and missed family connections suffered through another wave of scrubbed flights, with another 2,500 pulled from 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
Southwest Airlines cancels two-thirds of its flights, with more cancellations planned
Southwest Airlines Co. canceled more than two-thirds of its flights Monday and plans to slash its schedules Tuesday and Wednesday, in a meltdown that stranded thousands of customers and that worsened while other airlines 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
S.F. airport workers end three-day strike, will vote on contract this weekend
Food-service workers at San Francisco International Airport on Thursday ended a three-day strike that shut down most of the restaurants and eateries at the busy airport, after being promised what Read more