Transportation

Weak Air Passenger Growth Offers Glimpse Into Slower Global Growth and Airlines

Global air passenger demand has continued to rise despite the softer economic growth story around the globe. That's the good news. The bad news is that the air passenger demand ...
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Uber Scalded for ‘Outrageous Safety Lapses’ in 2018 Pedestrian Death

In March of 2018, a self-driving car operated by Uber Technologies Inc. (NYSE: UBER) struck and killed a woman in Tempe, Arizona, who was walking across the road with a ...
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Are Q3 Results the Start of the Turnaround For Lyft?

Lyft, Inc. (NASDAQ: LYFT) released third-quarter financial results after markets closed Wednesday. The company said that it had a net loss of $0.41 per share and $955.6 million in revenue, ...
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United Airlines Soars Higher on Q3 Results

United Airlines Holdings Inc. (NASDAQ: UAL) released third-quarter financial results after markets closed Tuesday. The airline said that it had $4.07 in earnings per share (EPS) and $11.38 billion in ...
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What to Expect When United Reports After the Close

United Airlines Holdings Inc. (NYSE: UAL) is scheduled to release its third-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters are $3.95 in earnings ...
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United Won’t Fly 737 Max Until January, Holiday Travel Further Muddled

United Airlines Holdings Inc. (NASDAQ: UAL) said Friday that the airline was canceling all flights scheduled for Boeing Co. (NYSE: BA) 737 Max passenger jets until January 6, 2020, as ...
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Why Huge Holiday Travel Could Be the Spark for Top Airline Stocks

Despite reasonable jet fuel pricing for the most part, the airlines have lagged this year, as has the transports index. While up 8.6%, that pales in comparison to the double-digit ...
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Delta’s Solid Q3 Results Dinged by Outlook

Delta Air Lines Inc. (NYSE: DAL) reported third-quarter 2019 results before markets opened Thursday. The airline reported adjusted earnings per share (EPS) of $2.32 on adjusted revenues of $12.6 billion. ...
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Why Delta Is Dragging Airlines Down Behind It

When Delta Air Lines Co. (NYSE: DAL) reported operating metrics for September on Wednesday morning, revenue for passenger miles and available seat miles were both up year over year, and ...
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Delta Snatches Latam Airlines Deal From American

Delta Air Lines Co. (NYSE: DAL) announced late Thursday that it is acquiring a 20% stake in Santiago, Chile-based Latam Airlines Group S.A. (NYSE: LTM) for $1.9 billion in cash ...
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Wall Street Tries to Look Past FedEx’s Worst Day Since Financial Crisis

FedEx Corp. (NYSE: FDX) reported its most recent quarterly results after the markets closed on Tuesday. While the actual earnings from the quarter were not that bad, guidance is what ...
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Is FedEx in Trouble After This Report?

FedEx Corp. (NYSE: FDX) reported its most recent quarterly results after the markets closed on Tuesday. The firm said that it had $3.05 in earnings per share (EPS) and $17.08 ...
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What to Expect When FedEx Reports on Tuesday

FedEx Corp. (NYSE: FDX) is scheduled to release its fiscal first-quarter financial results after the markets close on Tuesday. The consensus estimates are calling for $3.17 in earnings per share ...
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Very Mixed Reactions to Saudi-Attack Oil Price Spike in Transportation Stocks

The weekend attacks on Saudi Arabia's oil production and infrastructure have created major moves in the markets. After all, Saudi Arabia has close to 10% of global production, and roughly ...
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One Analysts Sees Big Gains From Airlines Flying the Friendly Skies

Sometimes overseas research can have an impact on U.S. stocks. It's actually more common than you might think, and that's the case in the legacy airline group on Friday, September ...
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