With decades-old restrictions removed, Southwest Airlines now can fly to all 50 states. It is free to challenge the huge, merger-created U.S. carriers such as United Continental, Delta Air Lines and American…
Shares of major airlines hit new 52-week highs Thursday in the wake of reports of strong traffic in December. That was good news for the companies after several days of storms and…
There is no question that 2013 was a very good year for airline stocks. The icing on the cake was the merger between American Airlines and U.S. Airways. The new year is…
thinkstockJanuary 3, 2014: Markets opened higher on Friday following yesterday’s sell-off. Gains and losses were modest throughout the trading day, with the three major indexes not moving far in either direction from…
ThinkstockAfter reporting a 10% increase in passenger revenues for the month of December on Friday morning, Delta Air Lines Co. (NYSE: DAL) raised its estimate for the company’s fourth quarter operating margin…
ThinkstockThe decline in prices for jet fuel is the primary reason for a rise in the outlook for airline profits in 2013, according to the International Air Transport Association (IATA). Ancillary revenues,…
courtesy of American AirlinesThe closing of the merger between American Airlines and U.S. Airways closed Monday morning and a new company, American Airlines Group Inc. (NASDAQ: AAL) has emerged and begun trading.…
AMRAn AMR (OTCBB: AAMRQ) merger with US Airways (NYSE: LCC) should be complete in time to for Americans to fly home for the year-end holidays–Christmas perhaps. With the launch of the new American Airlines Group,…
Now that the U.S. Department of Justice has approved the proposed merger between U.S. Airways Group Inc. (NYSE: LCC) and AMR Corp. (AAMRQ), the two companies got down to the serious business…
ThinkstockThe merger to create the world’s largest airline, which had been stalled by a lawsuit filed by the U.S. Department of Justice, has reached a settlement Tuesday and the news has lifted…
ThinkstockAfter markets closed on Wednesday, Expedia Inc. (NASDAQ: EXPE) reported third-quarter adjusted earnings per share (EPS) of $1.43 on revenues of $1.40 billion. The online travel company’s revenues rose 17% compared with…
courtesy of Delta Air LinesDelta Air Lines Inc. (NYSE: DAL) reported third-quarter 2013 results before markets opened Tuesday morning. The airline posted adjusted diluted quarterly earnings per share (EPS) of $1.41 on…
Paul Ausick courtesy Airbus S.A.By 2032, the current worldwide airplane fleet of 17,740 planes will nearly double to 36,560 aircraft. The dollar value of the new planes will exceed $4 trillion. The forecast comes…
Jon OggStocks have been in rally mode, and now investors have to decide whether they will chase stocks or sell them into strength. 24/7 Wall St. reviews literally dozens of Wall Street…
ThinkstockAirlines hit hard by rising fuel costs have adopted many of the same countermeasures that drivers hit with higher fuel costs use: fewer trips and more efficient vehicles. The main difference is…
