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A few airlines could see their stock price double in the next few years, Wolfe Research's Hunter Keay says.
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May 22- U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday.
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A few airlines could see their stock price double in the next few years, Wolfe Research's Hunter Keay says.
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Delta Air rose$. 29 or 1.6 percent, to $18.42. JetBlue Airways Corp. rose$. 08 or 1.3 percent, to $6.45. Southwest Airlines Co. fell$. 10 or. 7 percent, to $14.21.
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May 22- Delta Air Lines wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co, and would be willing to forgo such support for its own purchases of smaller jets if all such subsidies were eliminated, the chief executive said on Wednesday.
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Delta Air rose$. 27 or 1.5 percent, to $18.40. JetBlue Airways Corp. rose$. 02 or. 3 percent, to $6.39. Southwest Airlines Co. rose$. 05 or. 3 percent, to $14.36.
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Delta Air fell$. 23 or 1.3 percent, to $18.13. JetBlue Airways Corp. rose$. 01 or. 2 percent, to $6.37. Southwest Airlines Co. rose$. 06 or. 4 percent, to $14.31.
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Delta Air fell$. 33 or 1.8 percent, to $18.04. JetBlue Airways Corp. fell$. 01 or. 2 percent, to $6.35. Southwest Airlines Co. rose$. 04 or. 3 percent, to $14.29.
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SAO PAULO, May 21- SkyWest Inc, the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA, in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion.
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Delta Air fell$. 13 or. 7 percent, to $18.23. JetBlue Airways Corp. rose$. 05 or. 8 percent, to $6.41. Southwest Airlines Co. rose$. 21 or 1.5 percent, to $14.46.
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Michael O'Leary, Ryanair CEO, explains how his "pay-as-you-go" business model improved the company's profits, and weighs in on the growing competition between low-fare airlines.
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SAO PAULO, May 21- SkyWest Inc, the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA, in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion.
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We've worked with Boeing to fix them. Smisek and Boeing CEO Jim McNerney were on the flight from Houston on Monday. Regulators grounded the Dreamliner worldwide on Jan. 16 after batteries burned on two jets, prompting Boeing to redesign the battery system.
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Delta Air fell$. 18 or 1.0 percent, to $18.36. JetBlue Airways Corp. fell$. 08 or 1.2 percent, to $6.36. Southwest Airlines Co. fell$. 13 or. 9 percent, to $14.25.
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Boeing's 787 Dreamliner has completed its first flight since grounding four months ago. Carter Worth, Oppenheimer and Steve Cortes, Veracruz, discuss how to play the stock now.
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Boeing's 787 Dreamliner battery fix includes ventilation in case of a fire, reports CNBC's Phil LeBeau.
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WASHINGTON, May 20- The U.S. Supreme Court agreed on Monday to weigh whether federal law prevented a customer from suing an airline for kicking him out of its frequent flyer program for allegedly complaining too frequently about the service.
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After four months of being grounded, Boeing's 787 Dreamliner has finished its first U.S. commercial flight, reports CNBC's Phil LeBeau. Rick Whittington, Drexel Hamilton analyst, discusses the impact on the company's stock.
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Delta Air rose$. 07 or. 4 percent, to $18.61. JetBlue Airways Corp. fell$. 01 or. 2 percent, to $6.43. Southwest Airlines Co. fell$. 05 or. 3 percent, to $14.33.
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Boeing CEO Jim McNerney talks with CNBC's Phil LeBeau about his company's plans for the 787, as he prepares to take a seat aboard the aircraft after it was grounded earlier this year.
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Road warriors who own a small business have a new way to rack up reward miles under United's new Small Business Network program, a first by any U.S. airline.