Have changes in airline frequent flier programs rendered them worthless? Seth Kaplan, Airline Weekly, and CNBC's Phil LeBeau, discuss. » 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.
Plenty of trading tax proposals have been floated around by politicians, but how effective would they really be?
DALLAS— Southwest passengers endured a third straight day of canceled and delayed flights as the airline struggled to resume normal operations on Friday. Tracking service FlightStats Inc. reported that by mid-afternoon about 300 Southwest flights had been canceled and 1,200 more delayed. Southwest canceled nearly 1,500 flights and 4,500 others were...
U.S. stocks closed lower as oil prices weighed and the market consolidated ahead of next week's Fed meeting.
GM's blowout report today just gave a big boost to quarterly estimates.
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.
The airline faced technology issues with its computer systems, and was forced to cancel or delay hundreds of flights Wednesday.
Stocks ended lower on Wall Street, breaking a nine-day winning streak for the Dow Jones industrial average. Railroad operator Union Pacific gave up 3 percent and Kinder Morgan fell 5 percent. Southwest Airlines dropped 11 percent and Intel fell 4 percent after both companies reported disappointing results.
CNBC's Bob Pisani looks at standout earnings reports from Sherwin-Williams, Southwest as well as Dover's comments on the oil data. Also the world's largest contract drug manufacturer Patheon is going public.
DALLAS— Hundreds of Southwest Airlines flights across the country were delayed or canceled Wednesday after technology problems prevented many travelers from checking in or boarding flights. Southwest began having intermittent problems with several computer systems after an outage around 2 p.m. Central time. Southwest briefly held planes at their gates,...
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell.
Southwest Airlines' quarterly profit rose 35 percent as fuel costs fell and the budget airline flew fuller planes.
General Motors, Southwest and American Express are making headlines this Thursday morning after reporting their latest earnings results.
U.S. stock index futures indicated a higher open Thursday as traders eyed a raft of both earnings and data.
Some of the names on the move ahead of the open.
Gary Kelly, Southwest Airlines CEO, discusses the company's quarterly results which missed on both top and bottom line. We didn't beat expectations but it was an all-time record quarter, says Kelly. It's a very competitive environment but fuel prices are lower, says Kelly. Kelly also provides insight to airline security.
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.
Planes, trains and automobiles, as well as financial companies and consumer names, will join the earnings deluge Thursday.
Southwest Airlines is investigating technical issues impacting all its online platforms, the company tweeted on Wednesday.