Tag: American Airlines Group Inc

The Dow is on track for its best October in 6 years and third-quarter earnings are strong so far. What could go wrong?

A traditionally troublesome month is turning out to be anything but for the stock market…so far. Who would have thought, based on the way things ended last month, and the start to the first full week of October, that investors would be sitting pretty now. Certainly not Dennis Gartman. Yet, here we are. Look at […]

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Stocks making the biggest moves midday: BlackRock, Vimeo, Delta Air Lines, Moderna and more

Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images Check out the companies making headlines in midday trading. BlackRock — Shares of the asset management giant rose 3.6% after BlackRock beat expectations on […]

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Delta Air Lines posts profit thanks to stronger travel demand, but rising fuel prices will squeeze 4Q bottom line

Delta Air Lines on Wednesday reported a quarterly profit and higher-than-expected revenue for the third quarter, but warned that more expensive fuel will pressure its bottom line in late 2021 despite improving travel demand. The Atlanta-based airline said it expects revenue to continue to recover during the last three months of the year, to a […]

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Southwest Airlines shares slide after mass flight cancellations, carrier weighs more cuts

Southwest Airlines shares slipped Monday after it canceled more than 2,000 flights since Saturday, disrupting the travel plans of thousands of people. Southwest’s operation improved since the weekend meltdown but cancellations continued. It scrapped 363 flights on Monday, down from 1,124 on Sunday, which was 30% of its schedule, according to flight-tracking site FlightAware.  The […]

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Southwest Airlines cancels 1,000 more flights as disruptions mount

Southwest Airlines canceled more than 1,000 flights, 27% of its schedule, on Sunday as disruptions that the airline blamed on air traffic control issues and bad weather affected the travel plans of thousands of customers. “We experienced significant impact in the Florida airports [Friday] evening after an FAA-imposed air traffic management program was implemented due […]

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‘We will comply:’ Spirit Airlines CEO prepares staff for federal Covid vaccine mandate

A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Spirit Airlines‘ CEO Ted Christie on Friday told staff to get inoculated against Covid-19 ahead of forthcoming federal vaccine mandates for large companies. President Joe Biden last month said the government will require companies with […]

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American, JetBlue, Alaska Airlines tell employees they must get Covid vaccinations under federal rules

A Boeing 737-990 (ER) operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in Queens, New York. Bruce Bennett | Getty Images American Airlines, Alaska Airlines and JetBlue Airways told their employees that their work as government contractors means they must be vaccinated against Covid-19 as early as December 8 under […]

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