An epic battle between two passengers on a US Airways flight over Thanksgiving unfolded on Twitter. Too bad it was all a hoax.» Read More
You may think it's all about the Fed in the week ahead, but other key economic news will keep the markets on edge. Data to watch includes first quarter GDP Wednesday; Friday's jobs report for April; another big rush of corporate earnings reports, including from big oil and media companies. Other economic data: consumer confidence for April, released Tuesday, and the S&P Case Shiller report on housing prices.
Five of the six major airlines in the United States plan to start charging coach passengers as much as $25 next month to check a second bag, the latest move in their quest to offset high fuel prices.
The chief executive of US Airways Group warned the U.S. airline industry is heading into a downturn as it grapples with record high oil prices and a weakening economy.
Are airline stocks losing altitude as crude oil futures are taking off again, moving into the $100 a barrel territory? The AMEX Airline Index (.XAL), an airline sector tracker has dropped more than 24% in the past six months, weighed by a surge in oil. However, the index is up 3% YTD. Here are the index components - only one is for the past six months...
Delta Air Lines (DAL) and Northwest Airlines (NWA) are approaching a merger agreement that would create the largest airline by traffic, according to the WSJ. Both emerged from bankruptcy last year and now they are looking to join forces. Here is a look at M&A and bankruptcies in the turbulent airline industry.
Financials have taken a big hit related to subprime problems, but now it's looking like no firm is safe — the mortgage mess is having an impact on a number of other sectors.
US Airways Group flew in the red during the fourth quarter, weighed down by rapidly-rising fuel costs. Chairman and Chief Executive Doug Parker said high fuel costs are likely to keep conditions difficult during the year ahead -- although he sees some encouraging signs.
Jamie Baker thinks airline stocks are ready to take off. "We do see significant potential upside from here," the JP Morgan senior airline analyst told CNBC. He offered investors his top stock picks.
Airline stocks rallied last week on news that Delta Air Lines was mulling a takeover of either United Airlines or Northwest Airlines, suggesting that many investors think airline mergers are a brilliant idea.
Delta Air Lines Chief Executive Richard Anderson told employees that a merger may be in their best interest.
Airlines are having their best day in years today as the Wall Street Journal is reporting that Delta's management is asking the board of directors to give the go-ahead for merger discussion with Northwest and UAL, and eventually choose between the two.
JetBlue isn't the only airline inspiring investors: Ric Dillon, chief investment officer at Diamond Hill Investment Group, runs the Morningstar five-star-rated Long-Short Fund; he recommended overlooked airline stocks.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Goldman Sachs (GS) is making a major shift in its analyst coverage, upgrading or downgrading 17 sectors on the fear of a softening economy. Could Goldman’s move be a bellwether of things to come? Or is it already late to the party?
Shares of US Airways Group led major U.S. airline stocks lower on Thursday, as the sector matched a steep decline in the broader market.
US Airways Group on Thursday reported a third-quarter profit compared with a year-earlier loss, topping expectations on strong demand and higher fares.
US Airways Group said on Friday that it expects costs per available seat mile, or unit costs, to rise faster than earlier expected as its reins in capacity.
US Airways Group said on Wednesday it will cut flights from its unprofitable Pittsburgh hub, a move that will cut about 450 airlines jobs in the city.
The Department of Transportation also proposed four new daily flights to China to begin in 2009. These flights would be operated by AMR's American Airlines, Continental Airlines, Northwest Airlines, and US Airways.
AMR shares fell over 14 percent Monday, its biggest one-day loss in more than four years, after the parent of American Airlines issued a disappointing revenue forecast, stoking concerns of slowing demand and rising costs.