United Airlines (NASDAQ: UAL) is set to purchase 100 Boeing 787 Dreamliners with the option to buy another 100 new jets that will fly its longest routes and replace older, less fuel-efficient planes. The company described the transaction as “the largest widebody order by a U.S. carrier in commercial aviation history” and hopes to receive …
United Airlines Places Order for 100 Boeing 787 Dreamliners Read More »
Amazon (NASDAQ: AMZN) has partnered up with Hawaiian Airlines’ (HA) to fly the first Airbus cargo planes in the retailer’s air network. The aircraft are in place to replace older models as the carrier becomes the biggest passenger airline to work with the company. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”AMZN” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”AMZN” …
Amazon and Hawaiian Airlines Announce Freighter Agreement Read More »
American Airlines (NASDAQ: AAL) reported better than expected earnings results Thursday as the airline industry continues to excel despite concerns of an economic downturn. Nevertheless, the company’s shares were down approximately 2% during early morning trading. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”AAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”AAL” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: …
American Airlines Reports $483 Million Q3 Profit Read More »
Virgin Atlantic announced that it would be terminating all Hong Kong operations amid issues linked to the closure of Russian airspace. The news marks the ending of a 30-year history within the city. “After careful consideration, we’ve taken the difficult decision to suspend our London Heathrow – Hong Kong services and close our Hong Kong …
United Airlines (NASDAQ: UAL) revealed plans to acquire 200 electric air taxis from Eve Air Mobility and has the option to purchase an additional 200. Furthermore, the airline is also investing USD15 Million in Eve, which was listed on the New York Stock Exchange in May. United Expects the first deliveries of the aircraft to …
United Airlines Purchases 200 Electric Aircraft from Eve Air Read More »
Spirit Airlines (NYSE: SAVE) reported second-quarter earnings Wednesday that beat analysts’ expectations as high travel demand increased revenue and cushioned its losses. The results also come amid news that the carrier has accepted a merger agreement with JetBlue. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”SAVE” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”SAVE” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: …
Spirit Airlines Reports Earnings Loss Despite Increasing Travel Demand Read More »
Delta Air Lines (NYSE: DAL) reported second-quarter earnings Wednesday that missed analysts’ expectations. Nevertheless, it disclosed a profit as travelers seemed willing to pay the rising costs for flights. Furthermore, the carrier promised to better reliability following a rise in delays and cancellations. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” …
Spirit Airlines (NYSE: SAVE), has opted to push back its shareholder vote for the third time. The vote which had been scheduled for Friday is set to settle the bidding war between Frontier Airlines and JetBlue Airways, which each want to acquire Spirit. According to the company, it will now hold the vote on July …
Spirit Postpones Shareholder Vote on Frontier Deal for a Third Time Read More »
American Airlines (NASDAQ: AAL) recently experienced a glitch with its scheduling platform, which ultimately allowed pilots to drop thousands of July flights, according to the pilots union. The malfunction comes as a huge inconvenience to the airline that has strived to minimize flight disruptions throughout the high-demand season. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”AAL” api=”yf”] [stock_market_widget …
American Airlines Glitch Allows Pilots to Drop Thousands of July Flights Read More »
American Airlines (NASDAQ: AAL) has opted to end service in three cities this fall amid a shortage of pilots within the industry. The move is the latest of many disruptions within the airline industry as cancellations and schedule cuts continue to occur. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”AAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”AAL” range=”1mo” interval=”1d” …
American Airlines Ends Service in Three US Cities due to Pilot Shortage Read More »
