Some of Thursday's midday movers:» Read More
*American, Southwest top expectations as JetBlue trails. April 24- American Airlines Group and Southwest Airlines posted profits that beat forecasts in the first quarter, even though harsh winter weather prompted many flight cancellations in the seasonally weak period.
On Thursday, American Airlines and Southwest Airlines reported record profits for the first quarter, usually the weakest time of year for the airlines. Still stuck on the tarmac: United Airlines. The No. 2 airline company behind American, United Continental Holdings Inc. is struggling to make the 2010 merger of United and Continental work.
April 24- JetBlue Airways Corp on Thursday reported lower quarterly profit that fell short of estimates as higher salaries boosted operating expenses. JetBlue said it canceled 4,100 flights because of severe winter weather, which reduced revenue by about $50 million and profit by about $35 million.
NEW YORK— JetBlue's first-quarter profit plunged more than 70 percent as winter storms raked areas of the Northeast where it is based. On Tuesday, it was revealed, that JetBlue pilots voted overwhelmingly to unionize, reversing two earlier votes.
Applications for US unemployment aid jumped last week to 329 K, likely due to Easter layoffs General Motors 1 Q profit falls to lowest level since 2009 as recall costs weigh on income Verizon 1st- qtr profit jumps, helped by acquisition of Vodafone's stake in Verizon Wireless United Airlines can't bring in enough revenue to cover its costs; still struggling with merger During traditionally slow winter months, Southwest posts a record $152 million 1 Q profit Caterpillar's 1st quarter profit climbs 5 percent, 2014 forecast also rises Global stocks mostly higher, Tokyo shares down after trade deal not struck during Obama visit FCC to propose pay-for-priority Internet access rules that protect competition, free speech JetBlue's first-quarter profit tumbles after storms force the cancellation of 4,100 flights Feds propose e-cigarette regulations, including banning sales to minors, new product approval
Delta Air rose $2.14 or 6.1 percent, to $37.09. Southwest Airlines Co. rose$. 15 or. 6 percent, to $24.08. United Continental Holdings Inc. rose$. 25 or. 5 percent, to $46.06.
CAMPINAS, Brazil, April 23- Brazil's third-biggest airline, Azul Linhas Aereas, unveiled plans on Wednesday to add 11 wide-body jets from European planemaker Airbus to start service to the United States. The selection of Airbus planes, first reported on Tuesday by Reuters, is another blow to U.S. rival Boeing Co in Latin America's biggest market.
Delta Air rose $1.67 or 4.8 percent, to $36.62. JetBlue Airways Corp. rose$. 01 or. 2 percent, to $8.60. Southwest Airlines Co. rose$. 29 or 1.2 percent, to $24.22.
Delta Air rose $1.33 or 3.8 percent, to $36.28. JetBlue Airways Corp. fell$. 07 or. 8 percent, to $8.52. United Continental Holdings Inc. fell$. 07 or. 2 percent, to $45.74.
*Gilead Sciences rises in premarket after results. *Key earnings on tap; Apple, Facebook out after the close. *Gilead Sciences Inc rose 3.8 percent to $75.60 in heavy premarket trading a day after the drugmaker reported a sharp increase in its quarterly profit, helped by sales of its hepatitis C drug.
PARIS/ SAO PAULO, April 22- Azul Linhas Aereas, Brazil's third-biggest airline, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus, according to two people with knowledge of the deal.
PARIS/ SAO PAULO, April 22- Brazil's third-biggest airline, Azul Linhas Aereas, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus, according to two industry sources.
PARIS/ SAO PAULO, April 22- Brazil's third-biggest airline, Azul Linhas Aereas, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus, according to two industry sources. Airbus and U.S. rival Boeing Co battle intensely for such orders.
WASHINGTON— The National Mediation Board said Tuesday that pilots at JetBlue Airways Corp. voted overwhelmingly to unionize, reversing two earlier votes. JetBlue has more than 2,500 pilots. Both the airline and the pilot's union will now organize negotiating committees, JetBlue CEO Dave Barger said.
April 22- JetBlue Airways Corp pilots voted on Tuesday to join the Air Line Pilots Association union, opting to have a bargaining agent after rejecting unionization in two prior votes. Shares of JetBlue were down 1.9 percent to $8.59 in afternoon trading.
April 22- JetBlue Airways Corp pilots voted on Tuesday to join the Air Line Pilots Association union, becoming the first employee group at the discount carrier to choose a bargaining agent. JetBlue has about 2,600 pilots. Shares of JetBlue were down about 3 percent at $8.48 on Tuesday afternoon on the Nasdaq.
Seventy percent of the JetBlue pilots have voted to join ALPA, reports CNBC's Phil LeBeau.
The ACSI Travel Index is based on random interviews with more than 7,400 U.S. customers of airlines, hotels and Internet travel websites from October 2013 to March 2014.
Delta Air rose$. 18 or. 5 percent, to $33.94. JetBlue Airways Corp. rose$. 14 or 1.6 percent, to $8.76. Southwest Airlines Co. rose$. 10 or. 4 percent, to $23.59.
Delta Air rose$. 06 or. 2 percent, to $33.82. JetBlue Airways Corp. rose$. 12 or 1.3 percent, to $8.74. Southwest Airlines Co. rose$. 02 or. 1 percent, to $23.51.