Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Southwest Airlines Co. stock rises Thursday, still underperforms market
Shares of Southwest Airlines Co. LUV inched 0.21% higher to $28.87 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.75% to 5,595.76 and the Dow Jones Industrial Average…
American Airlines flight attendants ratify contract that ends their threats to go on strike
FORT WORTH, Texas -- Flight attendants at American Airlines voted Thursday to ratify a new contract, ending a long dispute that got the attention of President Joe Biden after the cabin crews threatened to go on strike. The Association of…
International Consolidated Airlines Group rises Thursday, outperforms market
Shares of International Consolidated Airlines Group S.A. IAG advanced 1.06% to £1.96 Thursday, on what proved to be an all-around positive trading session for the stock market, with the FTSE 100 Index UKX rising 0.57% to 8,240.97.
American Airlines: Too Cheap To Ignore (NASDAQ:AAL)
I had a bullish opinion on American Airlines (NASDAQ: AAL) in my previous article. At the time, I cited a continued strong travel demand, the company's relatively young fleet portfolio, and the company's revised loyalty program as reasoning for my…
Major airline announces new flightpath out of Australia
Turkish Airlines announces first flights to and from Sydney Expected to increase competition and drive down prices READ MORE: Emirates axes flights out of major Aussie city One of the world's largest airlines will soon operate flights between…
Spirit Airlines Inc. stock outperforms competitors on strong trading day
Shares of Spirit Airlines Inc. SAVE rallied 3.21% to $2.57 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.00% to 17,569.68 and the Dow Jones Industrial Average…
Alaska Airlines Plane Aborts Takeoff to Avoid Collision With Southwest Jet
(Reuters) -An Alaska Airlines airplane aborted takeoff on a runway at Tennessee's Nashville International Airport on Thursday to avoid a potential collision with a Southwest Airlines jet, the airline said. Alaska Airlines 369, a Boeing 737 MAX 9…
American Airlines Group Inc. stock outperforms competitors on strong trading day
Shares of American Airlines Group Inc. AAL rose 1.02% to $10.88 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.75% to 5,595.76 and the Dow Jones Industrial Average…
United Airlines Holdings Inc. stock outperforms competitors on strong trading day
Shares of United Airlines Holdings Inc. UAL rose 2.43% to $49.65 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.75% to 5,595.76 and the Dow Jones Industrial Average DJIA…
An Alaska Airlines plane aborts takeoff to avoid hitting a Southwest Airlines aircraft
Two people are dead and a third suffered life-threatening injuries following an attack at an encampment in Kingston, Ont. Thursday. A suspect has been arrested following a multi-hour standoff. British Columbia's premier says the province will end…
Airlines and Melbourne Airport headed for runway funding feud
Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Qantas boss Vanessa Hudson has warned Melbourne Airport that it should not rush into building its proposed third runway until it is genuinely…
Malaysia Airlines hits roadblocks amid post-COVID recovery
Transportation Flagship carrier cuts 20% of capacity over incidents, aircraft delivery delays NORMAN GOH, Nikkei staff writer | KUALA LUMPUR -- Malaysia Aviation Group (MAG), which operates Malaysia Airlines, has reduced its flight capacity by 20%…
American Airlines flight attendants ratify contract that ends their threats to go on strike
Flight attendants at American Airlines voted Thursday to ratify a new contract, ending a long dispute that got the attention of President Joe Biden after the cabin crews threatened to go on strike. The Association of Professional Flight Attendants…
Aegean Airlines: A Speculative Buy With Dividends And Stock Buybacks (AGZNF)
Airline stocks currently do not make for the most attractive investment opportunities as unit revenues are being eroded and inflationary costs pressures as well as fuel costs pressure remain prevalent risks to the business. However, that does not…
Flights are getting more expensive again as airlines scale back their growth plans
Airlines are raising their unit revenue forecasts for the third quarter. Flights are getting more expensive again, according to the latest inflation report. Carriers have been moderating capacity growth after a glut of flights pushed down fares.
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