American Airlines CEO expects continued demand in the face of recession

American Airlines Group Inc (NASDAQ: AAL) reported better-than-expected results for its fiscal third quarter and issued encouraging guidance on Thursday. Shares still remain little changed. CEO’s rema...

American Airlines (AAL) 3Q 2022

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines reported a ...

AT&T, American Airlines, Blackstone and more

Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 2.4% in the premarket after reporting better-than-expected profit and revenue for the third quarter. The company ...

Buffett’s Berkshire Hathaway closes $11.6 billion purchase of Alleghany insurance group

OMAHA, Neb. — Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate. The purchase announced in March wil...

Netflix, United Airlines, Adobe and more

Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netfli...

Netflix, United Airlines and more

Netflix (NFLX): Shares soared 10% after the company said it added 2.41 million subscribers during the third quarter, surpassing Wall Street’s estimates of 1 million. Netflix executives noting in the e...

United Airlines (UAL) earnings 3Q 22

United Airlines forecast another profit for the end of the year and said consumer appetite for travel is showing no signs of slowing down despite high airfares. Shares jumped more than 7% in after-hou...

Want to keep beating the S&P 500 and at much lower risk? Bet on Buffett, and perhaps this younger clone, says fund manager.

Optimism from a bullish start to the week is set to spill over into Tuesday’s session, with stock futures tearing higher. That’s as Goldman Sachs — and Netflix later — will keep the earnings ball roll...

American Airlines Will Pay Millions Over Huge Passenger Problem

Few travel nightmares can be worse than packing small to avoid paying for a checked bag and then, upon arriving at the airport, being told that the bag is too big and needs to be checked anyway. While...

American Airlines pilot union prepares to seek federal mediation in contract talks

American Airlines jet parked at LaGuardia International Airport in New York.  Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract nego...

Tesla, Netflix Set to Report Earnings as Recession Talk Mounts

Procter & Gamble Netflix and Tesla highlight a busy coming week of earnings as persistent inflation and climbing interest rates stoke talk of a recession. Consumer healthcare giant Johnson & J...

Tesla, Goldman Sachs, Netflix, AT&T, and Other Stocks for Investors to Watch This Week

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Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around

Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earn...

Airline Stocks Have Struggled. Here Are a Few Highfliers.

Some airline stocks trade at five times projected earnings. Why so expensive, you might be wondering. The group’s reputation on capital preservation at the moment ranks somewhere between damaged and U...

Boeing May Score a Big Order. The Stock Needs Good News.

Longtime readers will remember the erstwhile heyday of CatBo, when Boeing and Caterpillar ruled the Dow Jones Industrial Average Yet over the past five years, it is Caterpillar that has taken off, out...

Delta Air Lines (DAL) earnings 3Q 22

A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Ima...

Delta, Starbucks link loyalty programs in bid for repeat customers

A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Delta Air Lines and Starbucks are linking their loyalty programs, marking ...

United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery

Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is planning another big schedule increase for trans...

American Airlines raises revenue forecast after strong summer travel season

American Airlines jet parked at LaGuardia International Airport in New York.  Adam Jeffery | CNBC American Airlines said Tuesday that its third-quarter sales likely came in better than it previously e...

London Heathrow says the demand for air travel remains uncertain

The biggest airport in Europe by passenger numbers, London’s Heathrow, is not expecting to come into profit this financial year. Anadolu Agency / Contributor / Getty Images LONDON — Europe’...

Delta invests in electric air taxi startup Joby, plans last-mile airport service

A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company’s initial public offering in New York, U.S., on Aug. 11, 202...

More flights in Asia may cause airfares to fall, but it may take time

Many flights that were canceled during the pandemic are returning to the skies this month. Last week, Singapore Airlines and Scoot announced they’re adding dozens of flights to cities across Asi...

Contour Airlines Capitalizes on the Changing Outline of the Essential Air Service Market

Regional carrier, Contour Airlines, recently accomplished it’s largest expansion ever with the … [+] introduction of service in seven markets across the eastern U.S Monique B – Tripa...

S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long

Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 index would already be in an e...

American Airlines’ Alaska Air Deal Differs From Its JetBlue Deal. Does That Matter?

An Alaska Airlines Airbus A321 arrives at LAX in January 2021. (Photo by AaronP/Bauer-Griffin) GC Images An alliance with American Airlines has helped Alaska AirlinesALK compete on the West Coast, pro...

United Airlines is aiming to have electric planes flying by 2030

An United Airlines seen at LaGuardia International Airport in New York.  Adam Jeffery | CNBC United Airlines is aiming to have electric aircraft flying regional routes by the end of the decade, part o...

High inflation has many Americans tweaking their holiday travel plans

D3sign | Moment | Getty Images Travelers are shifting their holiday getaway plans to avoid busting their budgets amid high inflation, according to a new Bankrate survey. Forty-three percent of U.S. ad...

Jackson Hole Looks South As American Airlines Launches Nonstop Flights From Miami

Jackson Hole is looking south to attract new visitors. Its sights are set on both South Florida and further south, as in South America. The focus follows an announcement by American Airlines this summ...

Air cargo rates slump but some companies see long-term strength

The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don&#...

In A Boston Courtroom, American Airlines CEO Robert Isom Recalls Some Scary Moments

American Airlines employees check in two passengers at a mostly empty check-in counter at Washington … [+] National on May 12, 2020. (Photo by ANDREW CABALLERO-REYNOLDS) AFP via Getty Images Mar...

Summer’s over, but the European travel season isn’t

This photograph taken on August 7, 2018, shows an American Airlines Airbus A330-243 aircraft on the tarmac at Roissy-Charles de Gaulle Airport, north of Paris. Joel Saget | AFP | Getty Images Airline ...

Economy flights from Moscow to Dubai hitting $5,000 as Russians flee

The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel prices. Sopa Images | Lightrocket | Getty Images ...