Airline Industry News And Stocks To Watch

 

After a wave of mergers, the airline industry's consolidation appears to have slowed the trend of rising capacity and damaging fare wars. Even once-skeptical investors like Berkshire Hathaway's (BRKB) Warren Buffett see the advantages that U.S. carriers now enjoy and have taken large positions in Delta Air Lines (DAL), American Airlines (AAL) and United Airlines (UAL). Still, the impacts of Covid-19 have hit airlines hard as business travel has yet to return and travel restrictions have impacted international flights.

Spirit Opts For JetBlue, But This Hurdle Could Create More Drama

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With all that, challenges to the sector remain, including the aggressive expansion of low-cost competitors - and now a merger -  and the proliferation of cheap flights in the lucrative trans-Atlantic market. There have also been some signs that airlines' discipline on holding capacity in check is eroding.

Airline Stocks To Watch And Industry News

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Boeing Stock Today: Why This Put Ratio Spread Could Net $1,000Seasoned options traders know that a put ratio spread is an advanced option trade and is generally not suitable for beginners. But the strategy can have its place within an option portfolio.... Read More

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Are Any Airline Stocks Buys After Industry Earnings, Spirit-JetBlue Deal?The airline industry remains upbeat about demand following its latest round of quarterly earnings, even as more analysts worry about price increases — including for airfares — and concerns about a recession.... Read More

Airline Stocks: Spirit Losses Slow Despite Spike In Fuel CostsUltra-discount carrier Spirit Airlines reported second-quarter earnings on Tuesday that beat expectations, helped by strong leisure travel demand. Airline stocks largely fell. The airline reports following its high-drama merger agreement with JetBlue,... Read More

Consumer Spending Won't Stop Even As U.S. Economy Sputters, But Big Shift UnderwayConsumer spending accounts for more than two-thirds of U.S. economic activity. But the resilience of the American consumer is being put to the test. Inflation has flared to highs not seen in... Read More

Stock Market Gains, Erases Early Losses After Weak GDP; Meta Dives On Earnings MissThe stock market erased early losses to post moderate gains by shortly after midday, after new economic figures showed a worse-than-expected GDP drop in the second quarter. Facebook-parent Meta Platforms' earnings put... Read More

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