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Bank Of America: Delta, United To Lead Airline Industry In 2025
Friday, January 17, 2025 - 12:53pm | 565A 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...
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Azul Shares Trade Higher On Heels Of Abra Deal, Analyst Upgrade
Thursday, January 16, 2025 - 1:08pm | 453São Paulo-based airline Azul SA (NYSE:AZUL) shares are trading higher on Thursday. What Happened: Seaport Research Partners analyst Daniel McKenzie upgraded the stock from Neutral to Buy and announced a price forecast of $5.00. In October 2024, the analyst downgraded Azul due to concerns over long...
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US Global Investors Shines In 2024: JETS ETF Soars 33% Amid Travel Boom; Gold, Shipping Funds Add To Gains
Tuesday, January 14, 2025 - 3:24pm | 591U.S. Global Investors Inc. (NASDAQ:GROW) celebrated a banner year in 2024 with its flagship ETFs witnessing solid returns. The standout performer? The U.S. Global Jets ETF (NYSE:JETS) soared 33.21% higher, spurred by an uptick in travel demand, effective capacity management and lower fuel prices....
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United Airlines Earnings Preview: Could Airline Impress Investors After Delta's Strong Guidance?
Monday, January 13, 2025 - 3:47pm | 415A United Airlines Holdings (NASDAQ:UAL) analyst says the company could mirror recent earnings strength and guidance that Delta Air Lines (NYSE:DAL) had when the company reports fourth-quarter financial results on Jan. 21. The United Airlines Analyst: Bank of America analyst Andrew Didora reiterated...
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Delta Q4 Earnings Preview: Can Bullish Trends Keep The Stock Flying High?
Thursday, January 9, 2025 - 1:17pm | 501Delta Air Lines Inc (NYSE:DAL) will be reporting its fourth-quarter earnings on Friday. Wall Street expects $1.76 in EPS and $14.21 billion in revenues as the company reports before market hours. The stock is up 45.13% over the past year, 30.99% over the past six months. Let’s look at what...
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JetBlue Fined $2 Million For 'Chronic Flight Delays': Delta, United Rank Among Most On-Time Airlines
Friday, January 3, 2025 - 1:00pm | 535The U.S. Department of Transportation on Friday announced a $2 million penalty against JetBlue Airways Corp. (NASDAQ:JBLU) for operating multiple chronically delayed flights. The Details: The DOT action against JetBlue marks the first time an airline has been fined for chronic flight delays which...
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Azerbaijan Airliner Crash Kills 38: Weather, Russia Under Scrutiny
Thursday, December 26, 2024 - 11:21am | 497A plane crash in Kazakhstan has prompted Azerbaijan to mourn the loss of 38 lives on Thursday while questions swirl around the cause. What Happened: The Azerbaijan Airlines Embraer 190, en route from Baku to Grozny, Russia, diverted due to adverse weather conditions and crashed near Aktau,...
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American Airlines Lifts Christmas Eve Grounding, Shares Bounce Back
Tuesday, December 24, 2024 - 9:28am | 421In a brief but dramatic Christmas Eve disruption, American Airlines Group Inc. (NASDAQ:AAL) grounded all flights across the United States on Tuesday due to a temporary technical outage. The issue was resolved by 7:50 a.m. ET, with the carrier restoring operations and addressing disruptions caused...
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This Budget US Airline Is Offering A 'GoWild' Pass: Catch Unlimited Flights For A Year At $299
Thursday, December 19, 2024 - 8:13am | 453In a bid to attract budget-savvy travelers, Frontier Airlines by Frontier Group Holdings Inc (NASDAQ:ULCC) has announced the launch of its “GoWild!” pass, offering unlimited flights for a year at an introductory price of $299. This offer, which targets spontaneous adventurers, is ...
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US Airlines Set To Fly High In 2025, Analyst Says: 'Perfect Storm Of Tailwinds' Will Propel Industry Gains
Wednesday, December 11, 2024 - 6:18pm | 778The U.S. airline industry is gearing up for a blockbuster year in 2025, Morgan Stanley analysts say, predicting airline companies on the brink of what could be a “perfect storm of tailwinds that essentially propels the industry to make money.” Equity analyst Ravi Shanker reiterated a...
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Aerospace Ready To Take Off: Goldman Sachs Reveals 11 Top Picks In The Sector
Thursday, November 28, 2024 - 4:00pm | 782The commercial aerospace sector is gaining altitude, driven by surging demand for passenger travel, robust freight activity, and a resurgence in aircraft orders. According to Goldman Sachs analyst Noah Poponak, CFA, air traffic recovery is exceeding expectations, with growth now outpacing GDP by...
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Boeing Faces Heat From 'Frustrated' Emirates Over $52 Billion Aircraft Delays
Wednesday, November 27, 2024 - 3:54pm | 504One year after placing a record-shattering $52 billion order, Emirates Airlines voiced frustration with Boeing (NYSE:BA) over delays in aircraft deliveries. "We're a frustrated entity because we need airplanes, and we need them now," Emirates President Sir Tim Clark told BNN Bloomberg, extending...
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CrowdStrike Stock's Technical Analysis Shows Bullish Trend As It Navigates July Fallout To Deliver Record Q3 Revenue: Here's More
Wednesday, November 27, 2024 - 6:47am | 671Shares of CrowdStrike Holdings Inc (NASDAQ:CRWD) closed at $364.3 apiece on Tuesday and fell by more than 5% in premarket trading on Wednesday. Technical analysis pointed towards a bullish trend after the Texas-based cybersecurity technology company reported its third-quarter earnings. What...
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Thanksgiving Travel Preview: AAA Expects Record Numbers, TSA Braces For Busiest Day Ever, Arctic Weather Blast
Tuesday, November 26, 2024 - 8:07pm | 789AAA expects record-setting travel numbers for Thanksgiving 2024 with an estimated 79.9 million travelers, up 2% from the previous record set last year. Here's what to know Tuesday before hitting the road later this week for the holiday. What To Know: AAA attributes the staggering number of...
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Senate Targets Airlines Over $12.4 Billion Seat Fees Amid Mounting Scrutiny
Tuesday, November 26, 2024 - 6:00pm | 462A scathing Senate report released on Tuesday has criticized major U.S. airlines for profiting billions from seat selection fees, raising questions about transparency and consumer fairness. The Permanent Subcommittee on Investigations revealed that from 2018 to 2023, carriers like American Airlines...