Airlines
Investing.com – US stocks traded in a mixed fashion Thursday, as investors digested more corporate earnings ahead of a speech by new President Donald Trump at Davos. At 09:35 ET (14:35 GMT), the rose 45 points, or 0.1%, while the index was 10 points, or 0.2%, lower, and the dropped…
Airlines are facing a growing headache over rocket launches after Starship’s fiery lift-off last week.Elon Musk’s mega-rocket exploded over the Turks and Caicos islands, sparking airspace closures and widespread chaos.Experts told BI it’s a sign of things to come, with the new commercial space race threatening more disruption for airlines.Elon…
By Daniel Wiessner (Reuters) -A federal judge in Texas on Friday said American Airlines (NASDAQ:) violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors. The ruling by U.S. District Judge Reed O’Connor appeared to be the first of its kind…
Investing.com — Jefferies upgraded American Airlines (NASDAQ:) to Buy from Hold on Monday, citing a strong outlook for 2025 driven by strategic factors such as higher total revenue per available seat mile (TRASM) and a favorable industry backdrop. The airline’s shares rose more than 4%just after the open on Monday. The…
Russian President Vladimir Putin has apologized to Azerbaijan for the fatal Azerbaijan Airlines plane crash.Putin did not take responsibility, however.Experts and the White House say there is evidence the plane may have been hit by Russian air defenses.Russian President Vladimir Putin has apologized to the president of Azerbaijan for the…
The US said it has “early indications” that suggest Russian air defenses downed a passenger plane.An Azerbaijan Airlines plane crashed while trying to land after diverting to Kazakhstan, killing 38.Experts pointed to damage to the plane before it landed, suggesting it had been hit by a missile.A White House official…
By Joanna Plucinska, Gleb Stolyarov and Nailia Bagirova (Reuters) – A passenger jet operated by Azerbaijan Airlines crashed near the city of Aktau in Kazakhstan on Wednesday, after diverting from an area of southern Russia where Moscow has repeatedly used air defence systems against Ukrainian attack drones. At least 38…
United Airlines’ share price has more than doubled in 2024, outperforming competitors.The airline benefits from its hub airport structure and has been smart with deploying capacity.Strong finances and planned share buybacks have also helped.United Airlines may be Boeing’s biggest customer, but the two companies have had wildly different years.A quality-control…
American Airlines briefly grounded all of its US flights over a technical issue on Tuesday morning.The airline told BI that a “vendor technology issue” had affected its flights. Some cancellations or delays could trigger compensation, according to new federal rules.American Airlines grounded all of its flights across the US for…
Alaska Airlines’ merger with Hawaiian Airlines gives it access to long-haul Airbus and Boeing planes.The airline is pressuring mainline competition in Seattle with new nonstops to Asia in 2025.Japan’s tourism boom makes it a strategic destination and I’m excited about the expansion.Fresh off a $1.9 merger with Hawaiian Airlines, Alaska…
