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Earlier this week, Delta Air Lines ( NYSE: DAL ) set the tone for the airline industry's quarterly reporting season. In keeping with the sector's murky outlook, DAL released a mixed report, triggering an uncertain reaction among investors. DAL and its competitors are hoping ...
JetBlue (NASDAQ: JBLU) issued the following statement regarding the revised recommendation issued by Institutional Shareholder Services (“ISS”), a leading proxy advisory firm: We are pleased that ISS chose to formally update its recommendation to Spirit shareholders to...
Proxy advisory firm ISS made an about face on Friday, advising against Frontier Group’s ( NASDAQ: ULCC ) offer for Spirit Airlines ( NYSE: SAVE ). After Frontier ( ULCC ) declined to improve its offer to compete with JetBlue Airways’ ( JBL...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s pretty obvious that flight prices have skyrocketed. Those great deals on flights you used to be able to snag seem to be long gone. Pent-up demand has caused a chaotic summer of travel, which ranges from delays, ...
Spirit management delays shareholder vote determining fate of Frontier merger for the fourth time to July 27th. Despite continued delays it is unlikely the vote will be delayed again creating a major catalyst in fourteen days. Frontier merger vote has a binary outcome which I beli...
Delta reported mixed second quarter earnings. The company beat revenue expectations but missed on earnings due to rising fuel costs. The likelihood of an upcoming recession and continued pilot shortage are causing many uncertainties for the company's future in the upcoming periods. ...
American Airlines Group ( NASDAQ: AAL ) was cleared by the Department of Transportation on Wednesday to resume service to some smaller Cuban airports. The airline company had sought approval for flights from Miami to Santa Clara, Holguin, Matanzas/Varadero and Santiago d...
Delta Air Lines (NYSE: DAL) is the first airline out of the gate with earnings, and the company's disappointing results and tepid guidance are rippling through the entire sector. Shares of Delta fell as much as 8% on Wednesday morning, while shares of United Airlines Holdings ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock Airline stocks are falling on Wednesday and it looks like investors can point to Delta Air Lines (NYSE: DAL ) as the reason behind today’s drop. Delta Air Lines recently released it...
Air fares in the U.S. soared 34.1% in June compared to a year ago on an unadjusted basis against a soft comparable when travel was just starting to ramp up again following the vaccination push in the U.S. On a month-to-month comparison, air fares actually fell 1.8% in June after...
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JetBlue Airways (Nasdaq:JBLU) today announced the appointment of Jamie Perry as president of the airline’s JetBlue Travel Products subsidiary. Perry will lead the growth of the JetBlue Vacations brand and other non-air travel products including Paisly, JetBlue’s homegrown travel web...
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (Nasdaq:...
2024-07-30 14:30:15 ET Image source: The Motley Fool. JetBlue Airways (NASDAQ: JBLU) Q2 2024 Earnings Call Jul 30, 2024 , 10:00 a.m. ET Operator Continue reading For further details see: JetBlue Airways (JBLU) Q2 2024 Earnings Call Transcript