Airlines Financial News

Investing.com — U.S. futures traded largely unchanged Monday at the start of a busy week that includes a Federal Reserve policy-setting meeting, the widely-watched monthly payrolls report, as well as earnings from a number of mega-cap tech stocks.

By Abhijith Ganapavaram and Valerie Insinna

Investing.com — European stock markets traded in a muted fashion Monday, at the start of an action-packed week full of event risk, including the Federal Reserve’s first meeting of the year.

DUBLIN (Reuters) — Ryanair on Monday trimmed its profit forecast for the year to the end of March after some online travel agents stopped selling its flights in December, forcing it to cut fares to fill seats.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for American Airlines, Exxon Mobil, Sunoco, Avis Budget, and Coinbase,

By Tim Hepher and Rajesh Kumar Singh

Boeing 737 Max 9 jetliners are carrying passengers in the United States again for the first time since they were grounded after a panel blew out of the side of one of the planes. Alaska Airlines resumed a limited number of flights with its Max 9s on Friday. United aims to follow suit on Sunday, but a spokeswoman said the airline might use them as spare planes Friday or Saturday. Those are the only two U.S. airlines that operate this particular model of the Boeing 737. After seeing video of the frightening flight of a plane with a gaping hole in its side, passengers might reasonably be asking questions about safety. The Federal Aviation Administration has detailed the process that airlines must follow to inspect — and if necessary, repair — the panels called door plugs, one of which broke loose on Alaska Airlines flight 1282 on Jan. 5. The plugs are used to seal holes left for extra doors on the Max 9 when an unusually high number of seats requires more exits for safety reasons. FAA Administrator Mike Whitaker says his agency's review of everything that has happened since the accident, including gathering information about inspections of door plugs on 40 other planes, gives him confidence that they will be safe so long as the new inspection process is followed.

In December, about 20 people sipped Champagne at Lincoln Center’s David H. Koch Theater as members of New York City Ballet rehearsed the Nutcracker. The attendees toured backstage and chatted with the dancers before decamping to Bad Roman, a glitzy Italian restaurant in Columbus Circle, for dinner.

there was a bomb under his seat, after which the authorities conducted a thorough check of the aircraft. A team of Mumbai Police also rushed to the spot soon after the incident was reported. "No suspicious object was found during the investigation," Mumbai police said.

Those grounded Boeing jets are coming back starting Friday

JetBlue Airways says it may end its attempt to buy low-cost carrier Spirit Airlines as soon as this weekend, sending Spirit shares tumbling

Wall Street closed its latest winning week with a mixed finish, as drops for technology stocks dragged on the market

At first it sounds like a typical case of bad behavior aboard airplanes

business class passengers, catering to the rising demand. After two sluggish years due to the pandemic, airlines have not only seen a rousing revival in corporate travel, boosting occupancy in the business class, but also a new class of leisure travellers willing to spend more for extra legroom and other perks. Deepak Rajawat, chief commercial officer of Vistara, said the debate over whether the pandemic would drive a shift towards work-from-home and reduce business-related travel has been put to rest. «There has been a phenomenal increase in the percentage that we carry in the front end,» he said, referring to business class flyers. Air India, under its new owner Tata group, is seeking to position itself as a world class airline and target more higher-paying customers.

SAO PAULO (Reuters) -Brazilian airline Gol does not expect its Chapter 11 proceedings to trigger job cuts, its chief executive said on Friday, reiterating that the carrier's operations will remain as usual while it is under bankruptcy protection.

Shares of American Airlines (NASDAQ:AAL) advanced 1.2% in premarket trading Friday after the US carrier received two upgrades from Seaport and TD Cowen analysts.

on Thursday: Tesla Inc. (TSLA), down $27.77 to $180.06. The electric vehicle maker reported disappointing fourth-quarter earnings and warned of “notably lower" sales growth this year.

Alaska Airlines says the grounding of some Boeing planes will cost the airline $150 million

Investing.com — U.S. futures traded in a muted fashion Thursday as investors digested a deluge of quarterly corporate earnings ahead of the release of key economic growth data.

Investing.com — U.S. stock futures are muted, with traders looking ahead to crucial economic figures and gauging a stream of company earnings. Tesla (NASDAQ:TSLA) warns that sales growth will be «notably lower» this year, while Chief Executive Elon Musk details plans to roll out a new, cheaper model in 2025. Elsewhere, Boeing (NYSE:BA) shares dip premarket after the U.S. aviation regulator bans the planemaker from expanding production of its best-selling MAX family of jets.

several airspace restrictions are in place in the national capital from 19 January and will continue till January 29, an official said, adding that the curbs will not impact scheduled flights. The official said landing or take-off of non-scheduled flights of scheduled airlines, and chartered flights will not be permitted from 10 am to 1.15 pm during the January 19-25 period, PTI reported.