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2023-04-16 07:02:35 ET Summary Spirit is currently trading at a deep discount to the acquisition price that JetBlue has offered. The market is implying that the transaction is unlikely to be completed and investors need to analyze the stand-alone entity. The stand-alone entity...
2023-04-14 15:05:43 ET The travel and transportation sectors are in for a slew of key updates in the earnings week ahead. In terms of travel demand, upcoming reports from major airlines will be front and center with data trickling through as the week progresses. American Airline...
2023-04-14 14:30:56 ET Earnings season heats up in mid-April with a host of earnings results due from the likes of Tesla ( NASDAQ: TSLA ), Netflix ( NFLX ), Johnson & Johnson ( JNJ ), Lockheed Martin ( LMT ), and a host of financial giants. Bank of America ( BAC ...
NORTHAMPTON, MA / ACCESSWIRE / April 14, 2023 / On April 5, 2023, United hosted the Los Angeles Cleantech Incubator (LACI) for a day-long event at Los Angeles International Airport (LAX), where eight startup companies participated in a "Shark Tank"-like format to pitch solutions for how United c...
2023-04-13 19:47:04 ET Summary United Airlines Holdings, Inc. lowered its guidance for Q1 in March. The lowered guidance was driven by timing of labor agreements as well as seasonality and demand characteristics in off-peak seasons. United Airlines expects a strong Q2 and main...
NORTHAMPTON, MA / ACCESSWIRE / April 13, 2023 / United Airlines Inc. Airline looks to turn CO 2 removed from the atmosphere into sustainable aviation fuel United has invested in more future SAF production than any other airline in the world 1 CHICAGO, April 13, 2023 /3BL Media/ -- Unite...
2023-04-13 10:29:27 ET The airline industry is a vital component of the global economy, providing essential transportation services for individuals and businesses around the world. Airline companies operate fleets of aircraft that travel to domestic and international destinations, carrying ...
2023-04-12 17:10:51 ET Summary American Airlines guidance was a boost, but missed analyst expectations. I would argue that expectations were too high and it's not so much that American Airlines did not perform badly. Longer-term concerns are boiling up, bringing American Airli...
2023-04-12 13:37:40 ET Shares of American Airlines ( NASDAQ: AAL ) slumped as much as 9.8% on Wednesday and dragged down other airline stocks after the company issued preliminary earnings guidance that failed to cheer investors. AAL stock was the top percentage loser on the ...
Viridos' technology extracts algae oil from algae for potential future production of sustainable aviation fuel United has invested in more future SAF production than any other airline 1 Viridos investment is first by airline's new UAV Sustainable Flight Fund since its launch CHICAG...
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United Applies to Expand Service Between San Francisco and Washington National Airport PR Newswire Proposed new daily nonstop flight from San Francisco and Washington National will provide more options and flexibility for travelers, as well as easy connections to more than...
United Now Texts Live Radar Maps and Uses AI to Keep Travelers Informed During Weather Delays PR Newswire As part of industry-leading efforts to communicate to customers in real-time, airline uses AI tools to send travelers information about their trip, especially if thing...