Tag: Air Transport
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U.S. stocks mostly lower, though Dow heads for longest winning streak in nearly 6 years
[ad_1] U.S. stock were mostly lower Thursday, though the Dow Jones Industrial Average was on track to rise for a ninth straight session in what would be its longest winning streak in nearly six years. How are stocks trading The S&P 500 SPX was off by 12 points, or 0.3%, at 4,553. The Dow Jones…
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United Airlines earnings: Even higher 2023 profit expected despite last month’s meltdown
[ad_1] United Airlines Holdings Inc. last month grappled with thousands of flight cancellations and delays, leaving passengers stranded right as the summer travel season began in earnest. But the disruptions appeared to have little effect on the airline’s full-year profit outlook, which management on Wednesday bumped higher following strong second-quarter results. Shares were up 2.5%…
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The nation’s biggest banks are gearing up for more consumer struggles ahead
[ad_1] JPMorgan Chase & Co. Chief Executive Jamie Dimon on Friday said the U.S. economy was basically doing OK, even if customers were spending “a little more slowly.” But with rivals like Bank of America Corp., Goldman Sachs Group Inc. and American Express Co. set to report quarterly results this week, recession agita still prevails.…
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Opinion: Flight delayed again? Who’s to blame in the air travel blame game?
[ad_1] Flight delays, ground stops, and cancellations are all in the news. Travel over the July 4 holiday was described as a flightmare. Who or what is to blame? The airline industry blames the FAA, the FAA blames the airlines, many cite the lingering effects of the pandemic, some blame technology, others point to extreme weather and smoke from…
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JetBlue to end joint venture with American Airlines to focus on Spirit merger
[ad_1] JetBlue Airways Corp. said late Wednesday it plans to unwind a joint venture with American Airlines Group Inc. in airports in the Boston and the New York City areas to focus “even more” on its merger with Spirit Airlines Inc. In a statement, JetBlue JBLU said it won’t appeal a May court ruling siding…
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DoorDash doubles down on ‘earn by time’ and millionaires are doing something unusual to preserve their wealth — which you can do
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. DoorDash worker gets $10,000 gift from the company: ‘I almost started crying’ DoorDash celebrated its 10th anniversary by giving back to its “most loyal Dashers.” Read More ‘We’ve never seen this before’: Millionaires are doing something unusual to preserve their wealth — and you can do the…
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My ID was lost or stolen on vacation. Can I still get on the plane home?
[ad_1] Plenty of things can go wrong while you’re on vacation. But a lost or stolen wallet is especially stressful — especially when that wallet contains the ID that you need to get on your return flight home. That’s what happened to me during a recent trip to Charleston, S.C., when I discovered that someone…
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Virgin Galactic shares rocket higher on plans for first commercial flight this month
[ad_1] Shares of Virgin Galactic Holdings on Thursday made a scorching run higher after the space-travel company said it plans to begin offering commercial flights into space near the end of this month, a significant breakthrough for the nearly 20-year-old company founded by Richard Branson. Shares rocketed 44% after hours on the news. “We’re opening……