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Why Airplane Ticket Prices Are Flying High, While Your Wallet Might Be Grounded
Tuesday, May 3, 2022 - 10:35am | 693If you think filling your car’s gas tank is expensive, how about filling the tanks for a Boeing Co (NYSE: BA) 737-800? A 737-800 has a fuel capacity of 6,875 gallons and as of April 25, according to the U.S. Gulf Coast Jet Fuel Spot price, jet fuel costs $4.27 a gallon, holding steady between...
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9 Aircraft Industry Stocks Other Than Boeing
Monday, March 21, 2022 - 6:24pm | 622A Boeing Co (NYSE: BA) 737-800 carrying 132 passengers operated by China Eastern Airlines went down while flying over the Guangxi region in China Monday morning. This comes at a crucial time for Boeing, as the company is rebounding from the 737 MAX being grounded between...
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Will Boeing's Stock Have Rough Landing?
Friday, March 4, 2022 - 4:53pm | 365Boeing Co. (NYSE: BA) shares are trading lower Friday and have recently broken below a key level of support. If the stock can hold below this support, it may bring about a period of bearish movement again. Boeing is down 4.89% at $179.58 at publication Friday afternoon. See Also: BOC...
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Who Is The Ghost Of Kyiv?
Friday, February 25, 2022 - 1:40pm | 602One hero has emerged during the Russia-Ukraine conflict. The big question is whether the hero is real or an urban legend created to drum up support for Ukraine and other countries battling against Russia. What Happened: The events of the invasion of Ukraine by Russia are unfolding live to...
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Wheels Up Stock Flies High On First Day Of Trading
Wednesday, July 14, 2021 - 5:45pm | 425On its first day of trading under its new name and ticker after a SPAC merger, shares of Wheels Up (NYSE: UP) are soaring. What Happened: “We now have 170 planes in our first-party business, another 170 planes in second-party business,” Wheels Up CEO Kenny Dichter said. Dichter...
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Why Did Goldman Sachs Upgrade Textron?
Thursday, April 8, 2021 - 2:49pm | 256Textron Inc. (NYSE: TXT) seems poised to benefit from improvement in the business jet market and the industrial and commercial helicopter segments, according to Goldman Sachs. The Textron Analyst: Noah Poponak upgraded the rating for Textron from Neutral to Buy, while raising the price target from...
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If You Invested $1,000 In United Airlines Stock One Year Ago, Here's How Much You'd Have Now
Thursday, April 1, 2021 - 1:10pm | 505Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the past 12 months is 53.3%. But there is no question some big-name stocks performed better than others along the way. United’s Big Run: One...
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Morgan Stanley Upgrades Spirit AeroSystems, Despite 'Bumpy Road Ahead'
Monday, March 1, 2021 - 2:34pm | 257The market is likely to continue looking beyond Spirit AeroSystems Holdings, Inc.’s (NYSE: SPR) near- and medium-term execution issues. Instead, there will be a focus on expectations of normalized earnings in 2025, according to Morgan Stanley. The Spirit AeroSystems Analyst: Kristine...
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Today's Pickup: Canadian Airline Successfully Tests E-Plane In Historic Flight
Wednesday, December 11, 2019 - 3:27pm | 590Good day, An aircraft billed as the world's first commercial e-plane and powered by a propulsion system that uses lithium-ion batteries successfully completed a nearly 10-mile test flight in Canada. British Columbia-based seaplane airline Harbour Air completed the test on the Fraser River in...
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Air Canada Blames Trade Disputes For Cargo Decline
Tuesday, July 30, 2019 - 2:47pm | 292Air Canada (TSE: AC) reported a 12.1 drop in quarterly cargo revenue on weaker volumes on its Atlantic and Pacific routes stemming from trade disputes. Canada's largest airline brought in C$177 million (a Canadian dollar equals US$0.76) from cargo operations during the second quarter of 2019...
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Canaccord: Now Is The Time To Buy Hexcel
Thursday, July 5, 2018 - 12:09pm | 357Hexcel Corporation (NYSE: HXL), a leading advanced composites company with large exposure to the commercial original equipment cycle, should be bought by investors given the recent "softness" in the stock, according to Canaccord. The Analyst Canaccord Genuity's Ken Herbert upgraded...