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United Warns Airline Jobs Restored By COVID-19 Stimulus Likely 'Temporary'
Tuesday, December 22, 2020 - 2:35am | 306Read More...United Airlines Holdings Inc (NASDAQ: UAL) Chief Executive Officer Scott Kirby and President Brett Hart in a statement to employees on Monday cautioned against optimism surrounding airline jobs getting restored by the U.S. COVID-19 economic stimulus. What Happened: United and American...
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Boeing To Conduct Enhanced Fuselage Inspections For 787 Dreamliner: WSJ
Tuesday, December 15, 2020 - 5:55am | 400Read More...Boeing Co’s (NYSE: BA) 787 Dreamliner aircraft will undergo an enhanced investigation to locate a previously disclosed manufacturing defect, the Wall Street Journal reports, based on communication with industry and government officials. What Happened: The detailed...
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Robinhood Users Flocked To These Industries During Early Months of Pandemic
Saturday, November 21, 2020 - 10:06am | 702Read More...The COVID-19 pandemic has seen a flock of new users join commission-free trading platform Robinhood. Data from UNSW Sydney shows what industries were most popular among Robinhood users from March 13 to July 31, the first months of widespread shutdowns in the U.S. Airlines: Two of the most...
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Sabre Corporation: The Thing Behind The Thing For The Travel Industry
Friday, November 13, 2020 - 7:55am | 618Read More...Each week, Benzinga examines a stock that might be considered a little under the radar. You may have never heard of the company before, but chances are you're pretty familiar with the line of work it's in. We call these the "things behind the thing." Travel related stocks saw...
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Boeing Raises China Demand Expectations By 6.3% On Pandemic Recovery, Improved Infrastructure
Thursday, November 12, 2020 - 1:17am | 324Read More...Boeing Co (NYSE: BA) has revised its forecast for the number of planes Chinese airlines will need through 2039 by 6.3% to 8,600 from the previous estimate of 8,090, Reuters reported Wednesday. What Happened: The increased estimates for Chinese demand come after the Seattle-based planemaker cut its...
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Boeing Continues To Lose 737 Max Orders Even As Jets Get Closer To Ungrounding
Wednesday, November 11, 2020 - 4:02am | 458Read More...The Boeing Co (NYSE: BA) lost 12 more orders for its grounded 737 Max jetliner in October, company data showed on Tuesday. Through October, the company has lost or removed 1,043 orders for 737 Max. The company's outstanding orders fell to 4,275 in October from 4,...
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Boeing 737 MAX Jets Could Be Ungrounded Next Week: Report
Monday, November 9, 2020 - 9:30pm | 467Read More...Boeing Co’s (NYSE: BA) 737 MAX jets may be ungrounded next week as the United States Federal Aviation Administration is in the final stages of reviewing changes to the jet, Reuters reported Monday. What Happened: Three sources familiar with the matter told the newswire that the planes may be...
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American Airlines Seeks To Relaunch Boeing 737 Max Flights In December
Sunday, October 18, 2020 - 10:06pm | 388Read More...American Airlines Group Inc (NASDAQ: AAL) is reportedly planning to return Boeing Co’s (NYSE: BA) 737 MAX passenger jets back to service at the end of the year. What Happened: American Airlines will fly the planes provided they are certified by the U.S. Federal Aviation Administration,...
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Key Takeaways from United's Q3 Earnings Report
Thursday, October 15, 2020 - 4:12am | 445Read More...United Airlines Holdings Inc (NASDAQ: UAL) missed earnings expectations for its third quarter on Wednesday. Throughout Q3, the company's primary focus was on controlling cash burn, ensuring liquidity, and amending its cost structures. Of its total operating revenue, turnover from...
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Avianca Seeks Court Approval For $2 Billion DIP Financing
Tuesday, September 22, 2020 - 4:47am | 409Read More...Latin American airline Avianca Holdings SA (OTC: AVHOQ) is seeking court approval for financing that totals about $2 billion. According to Bloomberg, the airline had filed for Chapter 11 bankruptcy protection in May. The pandemic has forced airlines to suspend flights, lay off workers, and...
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Lessons from Qantas violation for overweight cargo
Friday, June 19, 2020 - 10:44am | 424Read More...Poor communication between crew and load planners led a Qantas Airways (AX: QAN) passenger plane to take off above approved weight limit and spurred the airline to deploy hand-held scanning devices to automate most of the freight confirmation process, according to the results of an investigation...
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Stocks Seem to be Searching for Equilibrium Amid Fears of a Coronavirus Resurgence
Friday, June 12, 2020 - 9:02am | 1578Read More...(Friday Market Open) They say the end of the week is time to unwind. But this week traders and investors may be taking some worries home with them for a couple of days. After Thursday's big selloff, the market looks like it's regaining at least some ground, but with the Cboe Volatility Index (VIX)...
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Southwest Is the 'Best-In-Class' US Airline, In This Analyst's View
Thursday, December 14, 2017 - 1:41pm | 322Read More...By many measures 2017 was a decent year for airline investors, but heading into 2018 one name sticks out as best in class: Southwest Airlines Co (NYSE: LUV). The Analyst Atlantic Equities' Lindsay Bettiol upgraded Southwest Airlines' stock from Neutral to Overweight with a price...
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2 Reviews And 7 Recaps As Airlines Begin Reporting September Traffic
Wednesday, October 5, 2016 - 9:58am | 496Read More...Alaska Air Group, Inc. (NYSE: ALK) and Delta Air Lines, Inc. (NYSE: DAL) both reported their respective financial and operating metrics on Tuesday. Alaska Air said it saw a 7.4 percent increase in traffic throughout September on a 4.2 percent increase in capacity. Load factor rose 2.5 percent to...
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Airline Stocks Are Strong Today: Here's What You Need To Know
Wednesday, September 7, 2016 - 1:46pm | 369Read More...Airline stocks were, for the most part, notably strong on Wednesday, coinciding with Cowen's Global Transportation Conference where several airliners revealed a glimpse into their monthly metrics. Coinciding with the conference, several airline companies also released supplemental data and guidance...
