[ad_1] CNBC’s Jim Cramer on Friday recommended three stocks investors should add to their portfolios to take advantage of hot travel demand. Here are his picks: Cramer named travel as one of five recession-resistant market leaders that are emerging, while tech stocks have been hammered during earnings season. Part of …
Read More »How United thinks electric planes will change flight travel decisions
[ad_1] United Airlines, the nation’s No. 3 carrier, has a contract to buy electric 30-seat planes from startup Heart Aerospace, which Heart said it plans to introduce in 2028. Heart Aerospace One of the hardest things to figure out about cutting greenhouse gas emissions has been what to do about …
Read More »American Airlines offers pilots higher raises in new contract proposal
[ad_1] Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters American Airlines‘ pilots union is weighing an offer for higher raises in a new two-year contract proposal, the latest attempt to seal up a labor deal at …
Read More »Why cheap airfare is so hard to find this year
[ad_1] United’s check-in area at Washington Dulles International Airport. Leslie Josephs | CNBC Cheap airfares are hard to find, and it might not get much easier in 2023. Between staffing shortages, aircraft delays and airlines’ conservative schedules after costly travel meltdowns, available seats are limited. Airlines are also passing along …
Read More »American Airlines (AAL) 3Q 2022
[ad_1] 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 $483 million profit for the third quarter and joined rivals in forecasting resilient travel demand, as the airline …
Read More »5 things to know before the stock market opens Wednesday, October 19
[ad_1] A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, October 17, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Let’s see if this holds Stocks jumped again …
Read More »United Airlines (UAL) earnings 3Q 22
[ad_1] A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines forecast another profit for the end of the year and said consumer appetite for travel is showing no signs of slowing …
Read More »American Airlines pilot union prepares to seek federal mediation in contract talks
[ad_1] 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 negotiations as talks with the country’s largest carrier drag on, according to a note from the labor group. The Allied Pilots …
Read More »JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
[ad_1] Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading Friday. Albertsons — Shares of the Safeway owner …
Read More »Cowen upgrades Delta as travel recovery continues, says shares can rally nearly 80%
[ad_1] Delta Air Lines ‘ shares are due for takeoff as the industry’s recovery continues its rebound from pandemic lows, Cowen says. Analyst Helane Becker upgraded shares of the airline to outperform from market perform, saying in a note to clients Friday that increased business and international travel as pandemic …
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