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Feb 28- The U.S. Department of Transportation on Friday tentatively approved plans by United Continental Holdings to operate a flight from San Francisco to Tokyo's Haneda Airport.
Nov 4- Oasis Management, a Hong Kong- based investment fund, has taken a 5 percent stake in Hawaiian Holdings Inc, parent of Hawaiian Airlines, the fund said in a regulatory filing on Monday. "The market seems to be fundamentally overlooking the potential for Hawaiian as it opens direct routes to mainland China," said Alex Shoghi, an analyst with Oasis.
This will likely be the most profitable first quarter ever for the airline industry. But expect carriers to warn of potential problems in the second quarter due to sequester cuts.
After more than a year of courtship, US Airways is just days from finally merging with American Airlines, and some are wondering if this is the end of the line for the run-up in airline stocks.
The top 10 U.S. airlines on Twitter, including those who interact the most with passengers, according to a new study.
Among the stock activity stories for Tuesday, Oct. 9, from AP Business News:. _ Shares of Baidu Inc. slid after a Credit Suisse analyst downgraded the Chinese Internet company, citing concerns over a weaker-than-expected advertising market and growing competition.
NEW YORK-- Increased competition on several key routes led Hawaiian Airlines Inc. to cut its third-quarter revenue expectations on Tuesday. The stock of its parent company, Hawaiian Holdings Inc., lost as much as 6 percent. Hawaiian started flying nonstop between New York and Honolulu in June.
Take a look at some of Wednesday's midday movers:
Delta Air Lines was named the top North American airline in a survey measuring online brand performance, with United and American following close behind in the second and third spots.
Hawaiian Airlines has launched the only nonstop service from JFK to Honolulu, and began codesharing with JetBlue Airways to access the second largest market to Hawaii.
More airlines are installing equipment that will allow passengers to use Wi-Fi-enabled devices during flights for internet connectivity and new entertainment options, according to a new market research report.
Allegiant Airlines on Tuesday announced new service to Hawaii beginning this summer. The carrier begins flights to Honolulu from Las Vegas on June 29 and from Fresno on June 30. Airfares will start at $174 each way.
Having trouble finding flights when redeeming frequent flyer miles, travelers are choosing alternative experiences – not flights. How about at stay at a French chateau, space travel or a vest autographed by George Clooney?
"No single airline sets airline prices. One of the things that goes into it is the cost of our inputs, oil being the most important ones," said the CEO of Hawaiian Airlines. "As the price of oil goes, so go airline prices in the next 12 months."
Triple-A projects an almost 2% increase in air travel over the Thanksgiving period compared to last year. But not airline stocks are created equal.
So far this year, Alaska Air Group is the only major airline to show a share price gain for the full year. Through Wednesday's close, Alaska shares were up 13 percent year-to-date.
Low-cost carrier AirTran had the best overall performance of the 16 largest U.S. carriers last year in an annual study of airline quality released Monday, knocking the previous leader — Hawaiian Airlines — into second place.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Airline investors may have to wait until better weather comes their way as winter storms and new rules are causing havoc in the industry, said Helane Becker, airlines analyst at Dahlman Rose.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.