GDP Growth for First Quarter Shows Disappointing Results
24 Apr, 2018
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..
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 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 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..
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..
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 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..
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