Yahoo Finance • 15 days ago

Should airlines be worried about earnings hit from US shutdown?

A record 31 million Americans are expected to take to the skies and travel this week for Thanksgiving, according to Airlines for America's data, as major airline operators recover from the US government shutdown. Bloomberg Intelligence se... Full story

Yahoo Finance • 15 days ago

Stocks rise, Trump healthcare plan, Thanksgiving travel: 3 Things

US stock futures (ES=F, NQ=F, YM=F) are rising in Monday's pre-market trading, attempting to stage a comeback rally from last week's losses as Wall Street awaits the release of retail sales data and September's Producer Price Index (PPI).... Full story

Yahoo Finance • 29 days ago

Airline stocks only show modest gains after the government shutdown breakthrough

[American Airlines Tails at DFW Airport] Airline stocks only showed very modest gains after a group of moderate Senate Democrats agreed to back a proposal that would reopen the government and fund several departments—including Agriculture... Full story

Yahoo Finance • 30 days ago

Duffy: Air travel will slow to a 'trickle' ahead of Thanksgiving if shutdown persists

Anna Moneymaker/Getty Images News Air travel heading into the Thanksgiving holiday will be reduced to a trickle as there won't be enough flights if the government shutdown continues, Transportation Secretary Sean Duffy told _CNN_. "The t... Full story

Yahoo Finance • last month

Air travelers told to brace for more flight reductions -- report

[Passenger waits for plane in an airport] mikkelwilliam/E+ via Getty Images As the government shutdown – now in day 38 – continues to drag on and with no immediate end in sight, Transportation Secretary Sean Duffy warned air travelers tha... Full story

Yahoo Finance • last month

More flight delays at Newark airport as staffing crisis prompts another ground stop

[A bustling scene at Terminal A, Newark Airport] Brian Logan/iStock Editorial via Getty Images More flights were delayed at the Newark Liberty International Airport over the weekend as a result of continued air traffic controller shortage... Full story

Yahoo Finance • last month

Vance, Duffy warn of 'disaster' if shutdown stretches into Thanksgiving travel season

[Vice President Vance Speaks To Press After Meeting With Aviation Executives] Kevin Dietsch/Getty Images News Vice President JD Vance and Transportation Secretary Sean Duffy have warned that it could be a disaster if the government shutdo... Full story

Yahoo Finance • last month

Airline CEOs meet with VP Vance to discuss shutdown impacts

As the US government shutdown has continued for nearly a month, major airline executives met with Vice President JD Vance at the White House on Thursday to communicate how the shutdown could impact the industry if it drags on further. Yah... Full story

Yahoo Finance • 2 months ago

What could push airlines to tipping point if US shutdown drags on

Delta Air Lines (DAL) stock is lifting off on Thursday after topping third quarter estimates: revenue of $15.2 billion (vs. estimates of $15.1 billion) and adjusted earnings of $1.71 per share (vs. estimates of $1.56). As the US government... Full story

Yahoo Finance • 2 months ago

The government shutdown's negative impact on the travel economy tops $1B

[Delta Airlines Airbus A319 Portland Oregon.] DaveAlan The U.S. Travel Association estimated that over $1.1 billion of travel spending has been lost since the beginning of the government shutdown. U.S. Travel Association CEO Geoff Freema... Full story

Yahoo Finance • 2 months ago

Delta Kicks Off Airline Earnings Tomorrow. Here's What to Watch For.

Saul Loeb / AFP via Getty Images Delta is expected to post strong third-quarter results, analysts say. Key Takeaways Delta Air Lines and United Airlines are expected to report relatively strong third-quarter performance due to robust in... Full story

Yahoo Finance • 2 months ago

Air traffic controller shortages delay flights across U.S.

[Diverse Air Traffic Control Team Working in a Modern Airport Tower at Night. Office Room is Full of Desktop Computer Displays with Navigation Screens, Airplane Flight Radar Data for Controllers.] gorodenkoff/iStock via Getty Images Air t... Full story

Yahoo Finance • 2 months ago

U.S. airlines issue a warning on the negative impact of a government shutdown

[Landing airplane] Jetlinerimages/iStock via Getty Images Groups representing U.S. airlines and travel associations have issued a warning to congressional leaders on the impact of a U.S. government shutdown. "Government shutdowns harm th... Full story

Yahoo Finance • 2 months ago

Oracle initiated, Ulta Beauty upgraded: Wall Street's top analyst calls

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Argus upgraded Ulta Beauty(ULTA) to Bu... Full story

Yahoo Finance • 3 months ago

Spirit Airlines to furlough 1,800 flight attendants after slashing capacity

[Spirit Airlines A320.] DaveAlan In a bid to survive, Spirit Airlines, the subsidiary that operates the flights of Spirit Aviation (OTC:FLYYQ [https://seekingalpha.com/symbol/FLYYQ]), is furloughing a third of the carrier’s flight attenda... Full story

Yahoo Finance • 3 months ago

Low Cost Airlines Struggle While Legacy Rivals Soar On Global Travel Rebound

U.S. airlines are poised for a profitability upswing, with fresh long-term forecasts pointing to accelerating international demand, wider margins, and a sharper divide between legacy carriers gaining strength and low-cost rivals still stru... Full story

Yahoo Finance • 3 months ago

CPI read: Airfares jump higher in August amid solid booking trends

[Passenger airplane flying above clouds during sunset] spooh/E+ via Getty Images Airfares in the U.S. rose 3.3% in August compared to a year ago on an unadjusted basis, according to data compiled by the Bureau of Transportation Statistics... Full story

Yahoo Finance • 3 months ago

Morning Movers: United Therapeutics surges after TETON-2 met primary endpoint

Markets reopened after the Labor Day break on softer footing, with futures tied to the major indexes pointing lower. Investors are balancing several pressures at once: gold prices have surged to fresh record highs above $3,550 an ounce, si... Full story

Yahoo Finance • 3 months ago

Why Frontier Group Is Flying High Today

Key Points Frontier is poised to be one of the big winners following Spirit Airlines' return to bankruptcy. The company has a similar structure as Spirit, and could be in position to buy Spirit out of Chapter 11. Frontier and all airline... Full story

Yahoo Finance • 3 months ago

Stocks making the biggest midday moves: Frontier Group, Kraft Heinz, Biogen and more

Check out the companies making the biggest moves in midday trading: Frontier Group — Shares of the budget airline carrier shot up more than 13% in the wake of rival Spirit Airlines' bankruptcy filing on Friday. Humana — Shares of the healt... Full story