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…
Warren Buffett has said for years that he wants anyone to talk him out of owning an airline. That, of course, was before airlines became wildly profitable.
Frank Golhen, via Wikimedia CommonsStocks were mixed on Thursday, with the S&P 500 and the Dow fighting between positive and negative territory. As the Dow was hardly changed, 24/7 Wall St. decided…
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…
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,…
Courtesy of Boeing Co.As promised, the U.S. Federal Aviation Administration (FAA) on Wednesday issued a formal airworthiness directive on The Boeing Co.’s (NYSE: BA) 747-8, 747-8F, and 787-8 aircraft equipped with the…
courtesy Boeing Co.The U.S. Federal Aviation Administration (FAA) is preparing to issue a warning this week directing airlines not to fly airplanes made by Boeing Co. (NYSE: BA) that use engines made…
Courtesy of Boeing Co.On Friday The Boeing Co. (NYSE: BA) notified customers for its 747-8 and 787 Dreamliner that planes equipped with the GEnx engine from General Electric Co. (NYSE: GE) could…
ThinkstockThe DJIA has finally closed above 16,000 for the first time ever. With a light holiday week coming up and with year-end just around the corner, investors have to consider research ideas…
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…
