Earnings season gathers steam this week, with Apple among those slated to release results Tuesday.» Read More
Airline profits are set to soar as oil prices remain suppressed when the big four are already flying high, Mark Gerchick said.
American Airlines said it plans to pay flight attendants an additional four percentage points on top of raises already averaging 10 percent.
Dec 23- American Airlines Group Inc said Tuesday that it plans to pay flight attendants an additional four percentage points on top of raises already averaging 10 percent, thanks to profits that have strengthened as oil prices have collapsed. Unions have called on Parker to tie employee compensation to the company's performance, but Parker has opposed...
Some major US airlines are rushing to finance losing bets on oil and revamp fuel hedges as falling crude prices strap them with billion dollar losses.
NEW YORK, Dec 23- Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes. But now, carriers such as Delta Air Lines and even Southwest Airlines, known for a successful hedging...
Price competition might be a good thing for the consumer, but Jim Cramer recommends running far from the stocks—especially in this sector.
Some of Monday midday movers:
Fabrice Brégier, President and CEO of Airbus, has told CNBC his company would take the bragging rights on aircraft deliveries.
If the Cuba embargo is lifted, former American Airlines CEO Bob Crandall sees frequent flights to the island by several carriers.
The "Fast Money" traders give their final trades of the day.
A few tweaks to the URL of a Delta boarding pass online allowed passengers to look up others' flight plans and sensitive information.
Some of Tuesday's midday movers:
Americans probably haven't noticed much of a change in airline-ticket prices since oil began to plummet. They shouldn't hold their breath.
Dec 15- American Airlines Chief Executive Doug Parker said airlines should stop sharing profits with employees and improve wages instead, despite persistent pressure from his own workers to link part of their pay to the company's performance. Competitors Delta Air Lines, United Airlines and Southwest Airlines still tout the millions of dollars they give to...
While you may not get a plane ticket or first-class seats, there are some alternative travel-related gifts that family and friends may like.
Nearly 1 in 6 Americans go hungry. Most at risk: children and the elderly. Companies are rushing to help during the holidays.
Some of Thursday's midday movers:
Dec 11- Delta Air Lines said it expects fuel costs at current market prices to benefit 2015 profit by $1.7 billion.
Some of Wednesday's midday movers:
Delta will expand its flight class options in 2015, modifying the service provided and price paid at each level.