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Airline stocks are on watch after a third consecutive week of improved bookings against the pre-pandemic period. Bank of America reports that system net sales improved to -46.5% for the week ended October 17 vs. 2019 after being -50.9% and -56.4% in the two preceeding weeks. Analyst Andrew Di...
Mesa Air Group Becomes First Scheduled Airline to Launch Drone Delivery Business in the U.S. in Partnership with Flirtey PR Newswire RENO, Nev. , Oct. 21, 2021 /PRNewswire/ -- Mesa Air Group, Inc. (NASDAQ: MESA), has signed an agreement with aerospace techno...
Although the COVID-19 Delta variant has marred the travel industry’s recovery, the rapid rollout of vaccines, easing of restrictions, and pent-up demand for travel ahead of the holiday season should help the industry return to its recovery track. In addition, since the stock market is ...
PHOENIX, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for September 2021. Mesa Airlines reported 29,524 block hours in September 2021, a 35.6 percent increase from Septemb...
U.S. airline fares fell for the third straight month even as overall inflation rose in September (+0.4% M/M, +5.4% Y/Y). The average fare was down 6.4% M/M in September on a seasonally-adjusted basis to follow on a 9.1% decline in August and 0.1% dip in July. The biggest sector news on the da...
Airline stocks are reeling as confidence fades that the fall-winter recovery will progress as originally forecast and as the higher level of oil prices starts to factor in to Q4 and 2022 estimates. Wolfe Research dropped its rating on Delta Air Lines, Allegiant Travel (ALGT -3.7%), Hawaiian H...
Airline bookings trends in the U.S. showed some improvement for the week ending on September 19, per data from Bank of America. System sales were down 60.1% vs. the 2019 level, which is noted to be slightly better than the recent trend of down in the low to mid-60% range. BofA analyst Andrew ...
PHOENIX, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) Mesa Airlines named Torque Zubeck as its new Chief Financial Officer. Zubeck has been working with Mesa since February as Senior Vice President of Finance. He will be taking over the position...
Bank of America reports that airlines bookings took a slight step back with sales tracking at -66.4% vs 2019 for the week ending September 12 vs. -63.9% for the week prior. The latest TSA numbers also show slowing momentum. "After seeing strong TSA throughput numbers around the Labor day week...
Airline stocks are on the rise after Ryanair (RYAAY +7.5%) boosted its five-year passenger forecast, citing pent-up travel demand in Europe and abroad. News that Britain may loosen its international travel restrictions, no longer requiring quarantines or negative tests after travel to the maj...
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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,...