Normal air traffic operations are “resuming gradually” across the U.S. following the lifting of a ground stop by the Federal Aviation Administration, the agency said in a tweet Wednesday. The Read more
Tag: U.S. Global Jets ETF
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
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
CDC identifies new COVID variants that accounted for 11.4% of new cases in week ending Oct. 15
The Centers for Disease Control and Prevention said a new COVID variant dubbed BQ.1 and a descendant called BQ.1.1 have gained traction in the U.S., accounting for 11.4% of new Read more
CDC identifies new COVID variants that accounted for 11.4% of new cases in week ending Oct. 15
The Centers for Disease Control and Prevention said a new COVID variant dubbed BQ.1 and a descendant called BQ.1.1 have gained traction in the U.S., accounting for 11.4% of new 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
Airline stocks climb after American Airlines raises revenue outlook
Airline stocks climbed before market open on Tuesday after American Airlines raised its third-quarter revenue outlook. American Airlines Group Inc. AAL, +1.24% expects third-quarter revenue to be up approximately 13% Read more
Biden targets ‘surprise fees’ from airlines: ‘You should know the full cost of your ticket right when you’re comparison shopping’
President Joe Biden on Monday rolled out a proposed new rule that would require airlines and travel websites to provide better disclosures about certain fees, following his administration’s efforts to Read more