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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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Major airlines criticize Biden air competition review, seek more time

Major airlines criticize Biden air competition review, seek more time 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 could dramatically impact the future of U.S. aviation. Airlines for America, the International Air Transport Association and other air carrier groups urged the Justice Department's Antitrust Division to extend the public comment peri
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates flydubai, Iberia Express under IAG Oct 31 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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California, major airlines to work to boost sustainable aviation fuel use

UPDATE 1-California, major airlines to work to boost sustainable aviation fuel use California looks to boost incentives, speed permitting for aviation fuels Airlines, state will work together to boost availability US targets 3 billion gallons of SAF use a year by 2030, up from 24.5 million in 2023 Adds interview with CARB, more details, background By David Shepardson WASHINGTON, Oct 30 (Reuters) - The state of California and a group representing major U.S.
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California, major airlines to work to boost sustainable aviation fuel use

California, major airlines to work to boost sustainable aviation fuel use By David Shepardson WASHINGTON, Oct 30 (Reuters) - The state of California and a group representing major U.S. passenger and cargo airlines said Wednesday they have reached agreement to sharply boost the use of sustainable aviation fuel. The California Air Resources Board and Airlines for America, an industry trade organization representing American Airlines AAL.O , Delta Air Lines DAL.N , United Airlines UAL.O , FedEx FDX
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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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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Air France and Emirates Oct 30 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Albemarle Corp ALB.N +5.3% ON Semiconductor Corp ON.OQ +4.6% Delta Air Lines Inc DAL.N +4.3% United Airlines Holdings Inc UAL.OQ +4.2% Estee Lauder Companies Inc EL.N +4.1% Bottom Performers Percent Change APA Corp (US) APA.OQ -4.0% Ce
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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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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Lufthansa, LOT and Pegasus; adds Corendon Oct 28 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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Some companies change tack in China with no recovery in sight

ANALYSIS-Some companies change tack in China with no recovery in sight Executives downbeat about China early in Q3 earnings season Property crisis, youth unemployment remain a problem Beijing has pledged stimulus, investors say may not be enough China Q3 GDP slowest since early 2023 By Bernadette Hogg, Ananya Mariam Rajesh and Helen Reid GDANSK/BENGALURU/LONDON, Oct 28 (Reuters) - Companies around the world are starting to cut prices and costs and scale back activity in China, as the world's sec
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates British Airways under IAG and Qatar Airways Oct 25 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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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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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Aegean and Bulgaria Air Oct 24 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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Airlines suspend flights as Middle East tensions rise

Airlines suspend flights as Middle East tensions rise Adds SWISS, part of Lufthansa Group Oct 23 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Nov.
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Airlines suspend flights as Middle East tensions rise

Airlines suspend flights as Middle East tensions rise Updates Lufthansa Oct 22 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Nov.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Air France, Emirates and TAROM Oct 22 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline cancelled flights to and from Beirut until Nov.
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Lufthansa Oct 21 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline cancelled flights to and from Beirut until Nov.
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U.S. stocks weekly: Triple sixes

RPT-BUZZ-U.S. stocks weekly: Triple sixes Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX extends winning streak to six weeks, adds 0.9%, nears 6k milestone .N ** This as all three major Wall Street benchmarks have risen six weeks in a row ** Though will this echo from the past haunt the S&P 500, just as it faces hurdles stacked up around 6k ?
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U.S. stocks weekly: Triple sixes

BUZZ-U.S. stocks weekly: Triple sixes ** S&P 500 .SPX extends winning streak to six weeks, adds 0.9%, nears 6k milestone .N ** This as all three major Wall Street benchmarks have risen six weeks in a row ** Though will this echo from the past haunt the S&P 500, just as it faces hurdles stacked up around 6k ? ** Indeed, record highs have felt good, but maybe too good ?
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