air travel

After last week’s wild ride, the question was what would the market do for an encore. The answer came Sunday afternoon in the form of a surprise rate cut by the Fed—the second one in two weeks—that took the Fed funds rate target back down to 0-0.25%, where it sat for seven years...

The air travel ban from Europe to the U.S. announced Wednesday night by President Donald Trump is likely to have a profound impact on the trans-Atlantic air cargo trade. This despite Trump's hurried post-address clarification on Twitter that the minimum 30-day ban, which he seemed to indicate in...

First it was China and Hong Kong, then South Korea and two cities in Italy. Now Delta Air Lines, Inc. (NYSE: DAL) is reducing service to and from Japan as the coronavirus suppresses travel demand. Meanwhile, All Nippon Airways is scaling back its domestic flight schedule between multiple cities in...

In a further concession to the spread of the coronavirus beyond China, United Airlines (NASDAQ: UAL) on Friday said it is reducing flights to  Tokyo and Osaka, Japan, Singapore and South Korea and extending flight suspensions to China through April 30. Meanwhile, logistics companies are warning...

(Updated 12:05 with details on Delta) When airlines began suspending service to China and Hong Kong last month because of the coronavirus outbreak it was understood their finances would be dinged in some way. Now, the dings are becoming visible. On Tuesday, Deutsche Lufthansa AG said it is...

Virgin Galactic Holdings, Inc. (NYSE: SPCE), an aerospace company, pioneering in private space flights and manufacturing of advanced air and space vehicles, announced the Q4 and end of year results. Company's key goal is to open access to space, so it is safe and affordable. Q4 brought the...

People and businesses in Florida — including some still not completely recovered from a major storm last year — were warily eyeing Hurricane Dorian Thursday as it approached the U.S. east coast, accompanied by warnings it could become a destructive Category 4 storm. First...

The Federal Aviation Administration (FAA) announced on Twitter on Friday morning that delays would affect LaGuardia International Airport and Newark Liberty International Airport due to the effects of the government shutdown, potentially delaying air cargo operations at these airports. "My...

The United States Oil Fund (NYSE: USO) is up more than 22 percent just since the start of the fourth quarter — but oil's recent resurgence is not plaguing airlines stocks. Just look at the US Global Jets ETF (NYSE: JETS), which is sporting a fourth-quarter gain of just over 8 percent....

"For too long, our country has tolerated unacceptable delays and long wait times on the tarmac,” President Donald Trump said on Monday as he officially announced a plan to privatize air-traffic control. Trump’s plan notes: “America's growing aviation system demands a new...

Airline stocks have for the most part outperformed broader indices over the past year on strong demand and fuel savings. Airlines for America, an airlines association, said on Thursday that Thanksgiving travel on U.S. airlines will surpass last year. The association added that travel...

Some veteran air travelers might find this hard to believe, but the latest annual Airline Quality Rating (AQR) says airline performance last year was at its highest level since the survey began in 1991. The AQR is a joint research project by Wichita State University and Embry-Riddle...

More signs of a slow but steady global economic recovery: despite weak figures in August, international air passenger traffic is up compared to a year ago. “We are seeing a more positive environment for air travel demand, based on rising business confidence, a strong increase in export orders...