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2023-08-14 14:05:31 ET The suits are back in the air. Business travel spending is accelerating on pent-up demand, return of travel and meetings, an improved COVID landscape, stable economic conditions and inflationary factors, according to the latest GBTA Business Travel Index Outlook r...
2023-08-12 12:49:25 ET Wheels Up ( NYSE: UP ) is in discussions with lenders about a debt restructuring while exploring other options to try to avoid a bankruptcy filing. The on-demand private jet company has recently started talks with Bain Capital and MSD Capital, large h...
2023-08-11 07:42:21 ET TD Asset Management highlighted that travel demand has hit pre-pandemic levels and international demand is outpacing domestic travel as airlines look to capitalize on the growing travel trend. The financial firm also highlighted that the revenue growth that is project...
2023-08-10 11:57:44 ET Airline fares in the U.S. fell 18.6% in July compared to a year ago on an unadjusted basis. Overall, core inflation cooled to a 4.7% year-over-year pace during the month. On a month-to-month comparison, air fares fell 8.1% in July after declining 8.1% in June, dro...
2023-08-09 07:57:26 ET Wheels Up Experience ( NYSE: UP ) shot higher in early trading on Wednesday after the company disclosed that it is actively involved in discussions around strategic business partnerships for the company. In addition, Wheels Up ( UP ) announced that Del...
2023-08-08 06:35:47 ET Airline stocks have been in a slump over the last few weeks, including double-digit drops for Sun Country Airlines ( SNCY ) and JetBlue Airways ( JBLU ). Investor concerns in the sector include the trend of airlines guiding for lower fares in Q3 and the recent...
2023-08-04 06:10:43 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Consumer spending is changing as the economy recovers and travel restrictions ease, making it easier for them to indulge their impulses to travel. This phenomenon has pushed travel and airlin...
2023-08-02 15:38:12 ET Summary CPI data indicates lower airfare pricing, potentially due to slowing future travel demand. Spending trends, including in the airline industry, are seeing signs of moderation. Oil prices are on the rise with an expectation for this trend to contin...
2023-08-02 13:00:00 ET Summary We've compiled a list of July investment picks that you may have missed. Some Seeking Alpha analysts are more discerning by nature. Others are finding compelling ideas hard to come by in today's market environment. Featured here are the investmen...
2023-08-01 09:54:56 ET JetBlue Airways Corporation ( NASDAQ: JBLU ) tumbled after lowering EPS forecasts for 2023. Shares fell 2.3% on Tuesday morning. Adjusted EPS for the full year is now expected at $0.05 to $0.40 from a previous estimate of $0.70 to $1.00. For the se...
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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...
2024-07-11 16:15:15 ET Image source: The Motley Fool. Delta Air Lines (NYSE: DAL) Q2 2024 Earnings Call Jul 11, 2024 , 10:00 a.m. ET Operator Continue reading For further details see: Delta Air Lines (DAL) Q2 2024 Earnings Call Transcript
2024-07-11 11:33:02 ET Delta Air Lines (NYSE: DAL) reported second-quarter results that were roughly in line with estimates, but the airline is damping expectations for the important summer vacation season. Investors are looking for alternative accommodations, sending shares of ...