airline

Airlines take a stand against immigrant crisis

Airlines take a stand against immigrant crisis

President Trump officially reversed his argument that the office of the president has no authority to stop separations of undocumented immigrant families, signing an executive order on Wednesday afternoon to keep families together at the border due ..

American Airlines Announced First-Quarter Earnings

American Airlines Announced First-Quarter Earnings

On Thursday, American Airlines Group Inc. (NASDAQ: AAL) announced its financial results for the first quarter of 2018. With earnings beating estimates and revenue missing expectations, shares of the company dropped 5.7% in the afternoon today.R..

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Air Lines Inc. (NYSE: DAL) reported better than expected first quarter financial results boosted by higher traffic, despite rising costs of the airline. Shares were trading 2.6 percent higher midday on Thursday.The airline reported a record re..

American Airlines Announced Q4 Results, Shares Fell

American Airlines Announced Q4 Results, Shares Fell

On Thursday, American Airlines Group Inc. (NASDAQ: AAL) announced its financial results for the fourth quarter of 2017, with revenue in line with estimate and earnings beating estimates. However, shares of the company dropped 3.1% to $53.07 per shar..

Lufthansa Buys Stake in Air Berlin

Lufthansa Buys Stake in Air Berlin

On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancelled hundreds of thousands of holiday flights due to the intense competition for flights and a weaker pound. 900,000 passengers were affected included more than 100,000 that were already abroad. 750,000 future bookings were can..

Southwest Airlines Reports $100 Million Hit from Natural Disasters

Southwest Airlines Reports $100 Million Hit from Natural Disasters

Southwest Airlines Co. (NYSE: LUV) reported that their third quarter sales will take a $100 million hit due to this year’s natural hurricanes and earthquakes resulting in 5,000 cancellation flights through Wednesday.Recently U.S. airlines hav..