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2023-06-02 08:53:00 ET Airlines have benefited from buoyant demand since early 2022. Despite high inflation and recession fears, consumers (and business travelers, to a lesser extent) have been eager to return to the skies, making up for missed time. Sky-high fuel prices have kept a lid...
2023-05-23 17:31:34 ET Delta Air Lines ( NYSE: DAL ) disclosed in an SEC filing Tuesday that it has named Mike Spanos its next chief operating officer, effective June 12. Mike Spanos, who has over 25 years of experience, joins the airline from Six Flags ( SIX ), where he s...
2023-05-23 12:30:00 ET Summary Domestic equities traded within a narrow range as investors debated the impact of a weakening U.S. economy; mixed Q1 earnings provided no clear outlook for the market. Financials remain in focus following the recent troubles in the regional banking s...
Flocash Joins UATP Payment Network, Expanding Payment Options to Travel Agencies in the MEA Region PR Newswire Partnership extends UATP's widely accepted and seamless payment options to Flocash travel agency customers. WASHINGTON , May 23, 2023 /PRNewswir...
2023-05-22 07:48:49 ET The sluggish trends for airline bookings in the U.S. continued in the latest week of data tracking by Bank of America. The firm said all sales channels showed some deceleration with bookings. System net sales fell 3.5% in comparison to 2019 for the week ending May...
2023-05-20 02:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2023-05-18 05:36:26 ET Summary United Airlines is growing, profitable, and attractively valued. Risks to the company are minimal, and the company's liquidity position is solid. We wish the company revamped its fleet when borrowing costs were lower; new, higher-cost debt could ...
2023-05-17 17:40:47 ET U.S. aviation regulators are forecasting that air travel over the upcoming Memorial Day weekend will match pre-pandemic levels, an indication that the summer travel season will get off to a busy start. Several airlines and related companies are taking off on the news,...
2023-05-17 13:56:15 ET Leisure-related stocks broke dramatically higher in Wednesday afternoon trading amid general investor confidence that a debt deal can be worked out before a default scenario. The White House confirmed a report that Biden would cut short his planned trip to Australia a...
2023-05-15 15:37:27 ET Delta Air Lines ( DAL ) is in talks with Airbus ( OTCPK:EADSY ) ( OTCPK:EADSF ) for a major order of wide-body aircraft, Bloomberg News reported Monday, citing people familiar with the matter.The negotiations include Airbus's A350 and A330neo twi...
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2024-07-27 08:03:00 ET Although airlines are traditionally thought of as capital-intensive and money-losing businesses, Delta (NYSE: DAL) has done a fantastic job diversifying its revenue stream and delivering profits. On the other hand, one airline that used to be widely regarded a...
2024-07-27 04:00:00 ET It's always interesting to monitor stocks to buy during earnings season if the market overreacts to any negative news. With that in mind, I think Delta Air Lines (NYSE: DAL) and Hexcel Corporation (NYSE: HXL) are worth a look. Both stocks were sold off...
2024-07-15 08:45:00 ET We're about to swing into earnings season, and as in any earnings season, we'll see dividend raises from a clutch of familiar (and not so familiar) companies. Indeed, the hikes have already started. Delta Air Lines (NYSE: DAL) , which just unveiled its lat...