airlines

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Air Lines Inc. (NYSE: DAL) reported better than expected first quarter financial results boosted by higher traffic, despite rising costs of the airline. Shares were trading 2.6 percent higher midday on Thursday.The airline reported a record re..

American Airlines Announced Q4 Results, Shares Fell

American Airlines Announced Q4 Results, Shares Fell

On Thursday, American Airlines Group Inc. (NASDAQ: AAL) announced its financial results for the fourth quarter of 2017, with revenue in line with estimate and earnings beating estimates. However, shares of the company dropped 3.1% to $53.07 per shar..

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancelled hundreds of thousands of holiday flights due to the intense competition for flights and a weaker pound. 900,000 passengers were affected included more than 100,000 that were already abroad. 750,000 future bookings were can..

Southwest Airlines Reports $100 Million Hit from Natural Disasters

Southwest Airlines Reports $100 Million Hit from Natural Disasters

Southwest Airlines Co. (NYSE: LUV) reported that their third quarter sales will take a $100 million hit due to this year’s natural hurricanes and earthquakes resulting in 5,000 cancellation flights through Wednesday.Recently U.S. airlines hav..

Ryanair Airlines Cancels Flights and Cuts Back Growth Plans

Ryanair Airlines Cancels Flights and Cuts Back Growth Plans

On Wednesday, Ryanair Airlines plc (NASDAQ: RYAAY) cancelled hundreds of thousands of flights and announced that they were cutting back growth plans for the first time in years in hopes to minimize the impact of a shortage of pilot staff. The compan..

Good Period Ahead For Airlines

Good Period Ahead For Airlines

The market seems to be upbeat about the airlines segment and this is showing in the stock prices of major players in this sector. All the four top airlines have recorded some heartening improvements in stock prices in the recent times. The benefits ..

Boeing Wins Endorsement from United Continental

Boeing Wins Endorsement from United Continental

Boeing Co (NYSE: BA) won an endorsement from United Continental Holdings Inc. (NYSE: UAL) for their latest model of the very popular 737 jet. The endorsement raised the previous 20 year industry demand forecast despite recent sig..