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2023-07-13 11:04:22 ET Delta Air Lines ( NYSE: DAL ) shares fluctuated on Thursday morning after its earnings call update. DAL executives said on the call that capacity constraints are expected to remain for an “extended period” after the company reported second-qu...
2023-07-13 07:47:52 ET Delta Air Lines ( NYSE: DAL ) shot up in early trading on Thursday after a strong Q2 earnings report and a boost to its full-year profit guidance. The Atlanta-based carrier generated record operating revenue of $14.6B during the quarter. That tally was...
2023-07-12 11:32:06 ET Airlines are trending lower after a report showed airfares in the U.S. fell 19% in June compared to a year ago on an unadjusted basis. On a month-to-month comparison, air fares fell 8.1% in June after declining 3% in May, retreating 2.6% in April, and dropping 6.5...
United Debuts Wireless Charging Onboard PR Newswire New domestic first class seat offers three types of charging outlets, vegan leather upholstery, larger seatback screens and tray tables, Bluetooth connectivity, privacy screens, Italian quartzite cocktail tables and an ergono...
2023-07-12 08:55:48 ET Airline fares in the U.S. fell 18.9% in June compared to a year ago on an unadjusted basis. Overall, core inflation cooled to a 4.8% year-over-year pace during the month. On a month-to-month comparison, air fares fell 8.1% in June after declining 3.0% in May, retr...
2023-07-11 19:45:00 ET Summary Heading into the Q1 earnings season, we were expecting an ‘earnings recession’ based on a negative Q4 actual growth rate along with analyst estimates forecasting a negative growth rate for both Q1 and Q2. Over the last three months, the...
2023-07-07 15:00:36 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar ...
2023-07-06 10:37:46 ET Summary Cyclical industrial stock Alaska Air Group offers investors a sound balance sheet, strong franchise, cash earnings, and shareholder-friendly management. The airline's stock is cheap based on 2023 projected earnings and cash flow. I believe The Street...
2023-07-03 15:30:49 ET Summary The US airline industry is expected to regain pre-pandemic profitability due to lower oil prices and higher utilization rates. Airlines trade at a historically cheap multiple of revenue to enterprise value. Growing demand and rationalized competi...
2023-07-03 09:01:12 ET The airline sector starts the second half of the year with investors looking for the recent hot streak in share prices to extend. Notably, airline companies have seen leisure and corporate demand hold better than anticipated, and have benefited from some moderation in...
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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...