U.S. airlines are bracing for a travel surge this summer, hoping for a smoother season after last summer was marred by delays and cancellations, pilot and crew shortages, and rising fuel prices.
Despite weak jet fuel prices, airfares are supported by strong demand. The Boeing Company deliveries will be slightly lower than our initial expectations, but capacity utilization is rising, thanks to
AZUL's results seem to be influenced by improved air-travel demand. However, fuel prices are concerning.
Hospitality companies are among the biggest gainers during the broad market rally on Wednesday. The Invesco Dynamic Leisure & Entertainment ETF (PEJ) is up over 2.1% on Wednesday, lifted by hospitali
SEATTLE , May 17, 2023 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today announced it will webcast a fireside chat with CFO Shane
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Alaska Air's (ALK) management expects to boost its fleet and workforce in 2023 to meet the demand swell.
Wall Street stocks closed lower on May 9 as investors remained concerned about the scheduled meeting between U.S. political leaders related to the debt ceiling and its outcome. On top of that inflatio
Four years ago, electric vehicles were still a niche industry, accounting for 1.4% of total vehicle sales in the U.S., according to a report from CleanTechnica, a website covering the cleantech indust
The U.S. airline industry delivered a mixed performance in the first quarter of 2023. With recovering demand, capacity is expected to go up ahead.
Alaska Air (ALK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
The consensus price target hints at a 53.6% upside potential for Alaska Air (ALK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimat
CSX's first-quarter revenues benefit from solid volume growth in merchandise and coal, higher fuel surcharge and pricing gains.
Alaska Airlines is pushing passengers to load boarding passes on their smartphones by removing airport kiosks that can be used to print the passes.
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