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The aviation sector has been recovering gradually from COVID-19-pandemic-led business disruption thanks to accelerated mass vaccinations and rising consumer spending. With increasing demand for leisure travel, SkyWest (SKYW) and Mesa Air Group (MESA) are expected to generate big returns in th...
Frontier Group Holdings (ULCC) begins trading at $18.61 after the airline company's IPO was priced at $19. In the first ten minutes of trading, shares have ranged from $18.26 to $19.01. Frontier is the second airline IPO of the year after Sun Country Airlines ([[SNCY]] -0.8%) stepped out last...
British airline stocks Jet2 (DRTGF) and easyJet (EJTTF) are both down about 3% in London trading after the U.K. government warns that COVID-19 cases could restrict travel this summer. Social care minister Helen Whately asked people not to book their summer vacations just yet due to the risk o...
As vaccine distribution ramps up airline stocks have been rapidly gaining altitude, though it will take years to return to the pre-pandemic revenue and passenger levels.Alaska Airlines, Delta Air Lines and United Airlines looks forward to either break even or generate positive cash flow ...
United Airlines ([[UAL]] +8.9%) is the latest airline to set a better-than-expected forecast for the current quarter. United says it has seen improvement in customer demand for travel and new bookings compared to previous estimations in recent weeks. In what could be a huge development for th...
The U.S. Transportation Department has granted approval for a new airline called Breeze Aviation Group to be led by JetBlue (JBLU) David Neeleman. Breeze has up to one year to begin flights using up to 22 planes The airline is expected to target "neglected, forgotten markets” using sma...
Air fares in the U.S. fell 5.1% in February on a month-to-month comparison, according to data compiled by the Bureau of Transportation Statistics. Fares were down more than the 3.2% decline seen in January and 2.5% drop in December. Air fares were off 25.6% in February compared to a year ago ...
PHOENIX, March 09, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced it has been named in Forbes’ list of America’s Best Midsize Employers for 2021. It is Mesa’s first time on the list and as the only regional airline, it shows t...
The "reopening trade" is on again on Monday, with investors encouraged by the progress of the stimulus bill and hopes that the pandemic will soon be behind us. Airlines and other sectors that were beaten down as the virus spread last year are in rally mode, with shares of Mesa Air Gro...
Mesa Air Group ([[MESA]] +17.0%) reports 44% decline to 20,457 block hours in February 2021.Controllable completion factor of 99.62% and 99.97% for its American and United operations.Block hours dropped 45% for American operations and 44.3% for United operations.Departures down 48.4% to 9,572...
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PHOENIX, July 02, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today announced the furlough of 12 pilots and training deferrals for 41 pilot trainees, effective July 12, 2024. These actions are the result of sig...
A look at the top 10 most actives in the United States Reliance Global Group Inc. (RELI) rose 76.2% to $0.3911 on volume of 383,719,808 shares NLS Pharmaceutics Ltd. (NLSP) rose 82.1% to $0.2701 on volume of 302,290,803 shares NVIDIA Corporation (NVDA) rose 3.5% to $135.58 on volume of 28...
A look at the top 10 most actives in the United States NLS Pharmaceutics Ltd. (NLSP) rose 156.2% to $0.38 on volume of 125,047,059 shares Reliance Global Group Inc. (RELI) rose 210.8% to $0.69 on volume of 110,427,102 shares Mustang Bio Inc. (MBIO) rose 53.3% to $1.15 on volume of 87,727,...