flight

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..

Lufthansa Buys Stake in Air Berlin

Lufthansa Buys Stake in Air Berlin

On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..

Bombardier Looks into Asian Markets

Bombardier Looks into Asian Markets

Bombardier Inc. is looking into fast growing markets such as India to boost sales of their Cseries and Q400 narrow body planes after facing a trade row over sales to the U.S. and a tremendous competition with rival Boeing Co (NYSE: BA) India is one ..

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..

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..

Ctrip.com Stock Down After Q2 Financial Results

Ctrip.com Stock Down After Q2 Financial Results

Ctrip.com International Ltd. (NASDAQ: CTRP), a Chinese travel service agency, released its second quarter for the fiscal year.The company reported that net revenue of RMB6.4 billion, up 45 percent from RMB4.54 billion year over year. The company rep..

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

On Thursday, the Atlanta, GA based Delta Air Lines, Inc. (NYSE: DAL) announced its financial results for the June quarter 2017, with both earnings and revenues missing estimates.According to the company, operating revenue increased 3.3% to $10,791 m..