Earnings expectations have started to trend downward for companies with high exposure to Europe. » Read More
DALLAS— The pilots' union president said Thursday that American Airlines is reducing its safety margin by "manipulating" flight plans with tactics that include faster speeds. Dan Carey, who just started a three-year term as president of the Allied Pilots Association, said in a note to members that pilots were reporting pressure to approve faster flight plans.
NEW YORK— Shares of JetBlue Airways Corp. rose Tuesday after the airline reported second-quarter earnings above Wall Street expectations. JetBlue also said it was ordering more planes to expand its Mint premium service and could add flights to Europe by the end of the decade. If JetBlue goes ahead with flights to Europe, it would compete against major U.S. and...
FORT WORTH, Texas— American Airlines' second-quarter profit fell 44 percent from a year ago, to $950 million, as taxes, lower revenue and higher labor costs offset another big drop in fuel. American, the world's biggest airline, said Friday that net income amounted to $1.68 per share and compared with $1.7 billion, or $2.41 per share, in last year's second quarter.
NEW YORK— Stocks fell Thursday after a mixed set of earnings reports put at least a temporary halt to the market's record-setting run. Airlines had some of the sharpest drops on worries that falling fares will hurt their profits. "It's surprising how strong the market has been," said Rich Weiss, senior portfolio manager at American Century Investments.
DALLAS— Record revenue and cheaper fuel pushed Southwest Airlines' second-quarter profit up by 35 percent, to $820 million. That was short of Wall Street expectations, however, and Southwest predicted Thursday that a key revenue figure will turn down in the July-through-September quarter. Southwest shares plunged 11 percent in afternoon trading, wiping out...
Hundreds of Southwest Airlines flights were delayed or canceled after technology problems prevented travelers from checking in or boarding flights.
Southwest Airlines is investigating technical issues impacting all its online platforms, the company tweeted on Wednesday.
The "Fast Money" traders share their first moves for the market open.
Jim Cramer says the media is making things seem worse than they really are. So far, earnings have been strong.
Jim Cramer refutes the theory that stocks are held up by an unnatural floor. A win is a win!
This is the first real day of earnings season, and at least today earnings are driving the markets, not the macro picture.
Discussing the outlook for Delta, as the airline announces it's cutting flights due to Brexit, with Kris Kelley, Janus Capital Group.
The "FMHR" traders take their positions on four stocks making news today, including CSX Corp and Yum Brands.
Some of the names on the move ahead of the open.
Some of the biggest airline stocks have surged this month, but traders are still dubious as to whether these shares will really take off.
U.S. stocks closed near the flatline Wednesday but managed to eke further into record territory.
Airline stocks have been on a good run the last month. But most are still down on the year. Max Wolff, Manhattan Venture Partners, and Erin Gibbs, S&P Global, discuss.
The "Fast Money" traders look into the surge of the XAL airlines ETF and debate whether it's time to buy names in the space.
The billion-dollar boom in movie production within Georgia is part of a big economic rebound story.
U.S. stocks closed higher Tuesday as fears eased over Brexit and Japan signaled more economic stimulus.