Airline Industry

A recent analyst note from Bank of America outlines a mixed outlook for the U.S. airline industry in 2025, emphasizing strong performance from network carriers and challenges for leisure-focused airlines. What To Know: Lead analyst Andrew Didora says Delta Air Lines Inc (NYSE:DAL) leads the pack...

Southwest Airlines Co. (NYSE:LUV) shares fell by 3% during morning Thursday trading in New York, despite the airline reporting better-than-expected third-quarter earnings and reaching a pivotal agreement with activist investor Elliott Investment Management. While the earnings beat and settlement...

Allegiant Travel Company (NASDAQ:ALGT) shares took a nosedive on Thursday after company filings revealed that the company is suspending its dividend. The airline industry has struggled in 2024 with rising costs and margin contraction. What Happened: Allegiant revealed the dividend suspension in an...

The COVID-19 pandemic, among other headwinds, sent the airline industry reeling after 2020. While Delta Air Lines, Inc. (NYSE:DAL) has outperformed competitors American Airlines Group Inc (NASDAQ:AAL), Southwest Airlines Co (NYSE:LUV) and JetBlue Airways Corporation (NASDAQ:JBLU), it still has much...

On Thursday, Delta Air Lines (NYSE: DAL) posted a quarterly earnings surprise and lifted its full year profit outlook as travel remains among top priorities for consumers. Delta posed its highest ever quarterly earnings as its bottom line benefited from strong international travel demand and lower...

Ryanair (NASDAQ: RYAAY) shares are trading relatively flat during the trading session on Monday morning; as the company releases its fiscal year 2023 results to the public, some investors may be taking a breather before deciding the direction of the company and the stock as a result. In...

The merger deal between Spirit Airlines Incorporated (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC) represents an enterprise value of $6.6 billion and is in line with the long-term historical multiple of Spirit Airlines, according to BofA Securities. The Spirit-Frontier Analyst: Andrew...

The risk-reward balance for Boeing Co (NYSE: BA) shares has turned positive, according to an analyst at Wells Fargo Securities. The Boeing Analyst: Matthew Akers upgraded Boeing shares from Equal-Weight to Overweight and increased the price target from $224 to $272, suggesting roughly...

Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the past 12 months is 36.5%. But there is no question some big-name stocks performed better than others along the way. JetBlue...

The overcast skies looming over Louis Armstrong New Orleans International Airport did nothing to quash the spirit of city officials — including Mayor LaToya Cantrell — and airport functionaries watching, clapping or dancing along with the Treme Brass Band, two Zulu Tramps and an...

JP Morgan analyst Jamie Baker recently upgraded JetBlue Airways Corporation (NASDAQ: JBLU) and Spirit Airlines Incorporated (NYSE: SAVE) from Underweight to Overweight.  Related Link: COVID-19 To Have 'No Permanent Negative Margin Impact' On US Airlines: JPMorgan Baker was on...

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More signs the U.S. airline industry has recovered from the double blows of the 9/11 terror attacks in 2001 and the subsequent recession. On Monday, the federal Bureau of Transportation Statistics (BTS) reported the 26 scheduled U.S. passenger airlines had a net profit of $7.3 billion in the...

Stock prices for United Continental (NYSE: UAL), US Airways Group (NYSE: LCC), and Delta Airlines (NYSE: DAL) have soared for 2013. Pretty remarkable, when you consider the level of debt each of these companies is carrying. When the market turns, as it always does, the heavy leverage will be a...

A Federal Communications Commission (FCC) proposal, to lift the ban on airline passengers using their cell phones during flights, is drawing a wide range of reactions. “Modern technologies can deliver mobile services in the air safely and reliably, and the time is right to review our outdated...