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Tin tức

Major airlines criticize Biden's air competition review, seek more time

UPDATE 1-Major airlines criticize Biden's air competition review, seek more time Updates with USOT response, adds letter detail By David Shepardson WASHINGTON, Nov 1 (Reuters) - Groups representing major airlines on Friday criticized the Biden administration's broad public inquiry into the state of competition in air travel, saying the review needs more time and could dramatically impact the future of U.S.
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Spirit Airlines to furlough hundreds of pilots to cut costs

UPDATE 2-Spirit Airlines to furlough hundreds of pilots to cut costs Adds more details of cost cuts, pilot union's comments, background details throughout By Rajesh Kumar Singh CHICAGO, Oct 30 (Reuters) - Spirit Airlines SAVE.N will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its finances.
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US airlines see stronger profits as airfare war ends

ANALYSIS-US airlines see stronger profits as airfare war ends Capacity growing at slowest pace after COVID Airfares post sharpest gain in 18 months in Sept Airline stocks outperforming broader market since end-July By Rajesh Kumar Singh CHICAGO, Oct 30 (Reuters) - U.S. airlines appear to have rediscovered their mojo, thanks to a sharp reduction in capacity that plagued the market this summer.
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JetBlue falls as FY revenue forecast misses estimates

BUZZ-JetBlue falls as FY revenue forecast misses estimates ** Shares of JetBlue Airways JBLU.O fall 14.14% to $6.29; set for the worst day in two months if losses hold ** JBLU expects bigger-than-expected FY24 revenue drop due to decreased domestic travel demand ahead of U.S. elections ** Co sees FY24 revenue to fall between 4% and 5% vs estimates
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JetBlue CEO Says Long-Term Capacity Planning Continues To Be Challenged By Aircraft On The Ground

BRIEF-JetBlue CEO Says Long-Term Capacity Planning Continues To Be Challenged By Aircraft On The Ground Oct 29 (Reuters) - JetBlue Airways Corp JBLU.O : JETBLUE CEO: THERE IS STILL SIGNIFICANT WORK AHEAD ON OUR PATH TO FULL-YEAR OPERATING PROFITABILITY - CONF. CALL JETBLUE CEO: AS WE HEAD INTO 2025, WE REMAIN CONFIDENT IN THE UNDERLYING SUPPLY AND DEMAND BACKDROP JETBLUE CEO: LONG-TERM CAPACITY PLANNING CONTINUES TO BE CHALLENGED BY AIRCRAFT ON THE GROUND JETBLUE CEO: WE EXPECT CAPACITY TO BE RO
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JetBlue Airways Corp reports results for the quarter ended in September 30 - Earnings Summary

JetBlue Airways Corp reports results for the quarter ended in September 30 - Earnings Summary JetBlue Airways Corp JBLU.OQ reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -39 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 25 cents per share.
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JetBlue forecasts full-year revenue below Street estimates, shares fall

UPDATE 1-JetBlue forecasts full-year revenue below Street estimates, shares fall Updates share movement in paragraph 1 Oct 29 (Reuters) - JetBlue Airways JBLU.O forecast a bigger-than-expected fall in 2024 revenue amid a moderation in domestic travel demand ahead of the upcoming U.S. elections, sending its shares down 14% in early trading on Tuesday.
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JetBlue's full-year revenue forecast misses estimates, shares fall

JetBlue's full-year revenue forecast misses estimates, shares fall Oct 29 (Reuters) - JetBlue Airways JBLU.O forecast a bigger-than-expected fall in 2024 revenue amid a moderation in domestic travel demand ahead of the upcoming U.S. elections, sending its shares down 4.5% before the bell on Tuesday. Election-related uncertainty is expected to weigh on travel demand as consumers prefer to be home and hold off on major discretionary spending.
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Jetblue Targeting $800-$900 Mln In Incremental EBIT From 2025-2027- Presentation

BRIEF-Jetblue Targeting $800-$900 Mln In Incremental EBIT From 2025-2027- Presentation Oct 29 (Reuters) - JetBlue Airways Corp JBLU.O : JETBLUE: TARGETING $800-$900 MILLION IN INCREMENTAL EBIT FROM 2025-2027- PRESENTATION Source text: [ID:n0001158463-24-000022] Further company coverage: JBLU.O
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Jetblue Announces Third Quarter 2024 Results

BRIEF-Jetblue Announces Third Quarter 2024 Results Oct 29 (Reuters) - JetBlue Airways Corp JBLU.O : JETBLUE ANNOUNCES THIRD QUARTER 2024 RESULTS JETBLUE AIRWAYS OUTLOOK Q4 REVENUE DOWN 7.0% - 3.0% JETBLUE-SEES UNIT REVENUE GROWTH SEQUENTIALLY CONSISTENT WHEN ADJUSTING FOR CROWDSTRIKE BENEFIT IN Q3,NEGATIVE IMPACTS OF HURRICANE MILTON, ELECTION IN Q
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What to Watch in the Day Ahead - Tuesday, October 29

What to Watch in the Day Ahead - Tuesday, October 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Alphabet will report results for its third quarter.
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American Airlines gains after Citigroup raises PT

BUZZ-American Airlines gains after Citigroup raises PT ** Shares in American Airlines AAL.O up 4.1% at $13.68, hiting a five-month high ** Citigroup raises target price on stock to $16 from $13.50, citing lower fuel prices, and upbeat third-quarter results ** TD Cowen, on Thursday, also raised PT to $10 from $9 ** New credit card deal in 2025 should help - TD Cowen ** AAL lifted its annual profit forecast last Thursday, on improved pricing power and a recovery from the missteps in its sales stra
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What to Watch in the Week Ahead and on Monday, October 28

What to Watch in the Week Ahead and on Monday, October 28 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Ford is expected to report higher third-quarter revenue and profit, aided by sales of its commercial vehicles.
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Biden administration launches broad inquiry into air travel competition market

UPDATE 2-Biden administration launches broad inquiry into air travel competition market Biden administration prioritizes boosting airline competition Airlines for America says inquiry timing suggests political motivations Public comments sought by Dec. 23 Adds airline group response in paragraphs 5-6 By David Shepardson WASHINGTON, Oct 24 (Reuters) - The U.S.
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Biden administration launches broad inquiry into air travel competition market

Biden administration launches broad inquiry into air travel competition market WASHINGTON, Oct 24 (Reuters) - The U.S. Justice Department's Antitrust Division and the Transportation Department said on Thursday they are launching a broad public inquiry into the state of competition in air travel. President Joe Biden has made boosting airline competition a top priority and his administration has taken an aggressive approach to blocking consolidation efforts in the airline industry.
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Budget US airlines look clearer for deal takeoff

RPT-BREAKINGVIEWS-Budget US airlines look clearer for deal takeoff The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Oct 23 (Reuters Breakingviews) - Two budget U.S. airlines have an opportunity to upgrade by joining forces. Frontier ULCC.O may be thinking about bidding again for Spirit Airlines SAVE.N , two years after their proposed merger was gatecrashed by rival JetBlue Airways JBLU.O .
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Budget US airlines look clearer for deal takeoff

BREAKINGVIEWS-Budget US airlines look clearer for deal takeoff The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Oct 23 (Reuters Breakingviews) - Two budget U.S. airlines have an opportunity to upgrade by joining forces. Frontier ULCC.O may be thinking about bidding again for Spirit Airlines SAVE.N , two years after their proposed merger was gatecrashed by rival JetBlue Airways JBLU.O .
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Spirit Airlines gains on report of renewed merger talks with Frontier Airlines

BUZZ-Spirit Airlines gains on report of renewed merger talks with Frontier Airlines ** Shares of U.S. carrier Spirit Airlines SAVE.N rise 17.5% at $2.48 premarket ** Frontier Airlines is exploring a renewed bid for Spirit Airlines, the Wall Street Journal reported on Tuesday, citing people familiar with the matter ** The two budget carriers have had recent discussions about a possible merger though the talks are at an early stage and a deal may not come to fruition, the report said ** Spirit cam
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Frontier, Spirit Airlines revive merger talks, WSJ reports

UPDATE 3-Frontier, Spirit Airlines revive merger talks, WSJ reports Updates Oct. 22 story to add stock movement in paragraph 2 Oct 22 (Reuters) - Frontier Airlines is exploring a renewed bid for Spirit Airlines SAVE.N , the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Spirit rose nearly 18% in premarket trade while Frontier was marginally lower.
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Frontier, Spirit Airlines revive merger talks, WSJ reports

UPDATE 3-Frontier, Spirit Airlines revive merger talks, WSJ reports Updates Oct. 22 story to add stock movement in paragraph 2 Oct 22 (Reuters) - Frontier Airlines is exploring a renewed bid for Spirit Airlines SAVE.N , the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Spirit rose nearly 18% in premarket trade while Frontier was marginally lower.
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