Airline stocks were set to continue their recent sharp selloff amid fears that travel demand will drop as the escalating Middle East conflict sends crude oil prices above $100 a barrel.
Jet fuel costs are spiking, and that may not end soon. Meanwhile, thousands of flights have been canceled.
Flight attendants for American Airlines regional partner PSA have turned down a tentative contract agreement.
Elo Mutual Pension Insurance Co boosted its position in American Airlines Group Inc. (NASDAQ: AAL) by 119.1% during the undefined quarter, according to its most recent 13F filing with the Securities a
American Airlines (AAL) concluded the recent trading session at $11.79, signifying a -5.38% move from its prior day's close.
Expand NASDAQ: AAL American Airlines Group Today's Change (-5.42%) $-0.68 Current Price $11.79 Key Data Points Market Cap $8.2B Day's Range $11.54 - $12.21 52wk Range $8.50 - $16.50 Volume 2.7M Avg Vo
Rising oil prices and travel disruptions have weighed on the travel sector. Carnival has canceled its cruises in the Gulf region and will likely feel an impact for higher oil prices.
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Pre-Market Stock Futures: Futures are trading lower after a solid risk-on Wednesday, when all major indices finished higher. Reports that filtered out of the media that Iran had backchannelled the CIA
Guru Stock PicksFairholme Fund has made the following transactions:Reduce in JOE by 0.23%David Tepper has made the following transactions:Reduce in WHR by 18.41
Citi draws out a surprisingly eclectic list of U.S. airlines more at risk from dramatic jet-fuel increases
The airline and tourism industries scrambled to deal with the fallout from the escalating U.S. and Israeli air war against Iran, while governments rushed to bring stranded travelers home from ​the M
Major stock indexes plummeted Tuesday, with the Dow Jones Industrial Average shedding 850 points, as the conflict in the Middle East escalated. Meanwhile, oil futures soared for a second straight day.
The U.S. government is urging Americans stranded in the Middle East to get home via commercial means. That's easier said than done.
FTSE 100 copper miners fell sharply in early trading on Tuesday after data showed Chinese smelters producing record quantities of the metal, threatening to weigh on prices at an already turbulent time
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