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The Latest Breaking News from Airlines

Air travel to soar near record in 2023: industry group

ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.

Bangkok Post

Airlines bask in sky-high fares while airports stay stuck

Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.

Bangkok Post

Is Southwest Airlines Co. (LUV) a Buy, Sell, or Hold for June?

With updated guidance, topline growth, and dividend payments, is Southwest Airlines (LUV) a buy, sell, or hold now? Let’s look at the company’s key financial metrics to find out….

StockNews.com

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Which Airliner Is a Better Buy: American Airlines (AAL) vs. JetBlue Airways (JBLU)

The pandemic had put enormous pressure on the airline industry as travel demand took a hit. However, travel demand has bounced back strongly over the past year and is likely to continue its momentum, thereby boosting demand for air travel. This is good news for airlines like American Airlines Group…

StockNews.com

3 Value Stocks With Investment Opportunities

Amid rising concerns about an economic slump, strong fundamentals of value stocks Genmab A/S (GMAB), International Consolidated Airlines Group (ICAGY), and InterDigital (IDCC) could make them solid buys now. Read on….

StockNews.com

Is American Airlines Group, Inc. (AAL) a Hot Buy?

American Airlines (AAL) reported robust financial performance in the fiscal first quarter, steadily improving its balance sheet. Moreover, as the U.S. airline industry is expected to achieve profits this year, investing in this stock might be an excellent choice despite the economic uncertainty. Read more.

StockNews.com

Canadian airlines brace for a summer of change as U.S. airlines consider reforms

The United States Government Accountability Office (GAO) recently issued a report on the causes of flight disruptions before and after the pandemic. The report also outlined the challenges airlines faced managing and responding to these flight disruptions.

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Qantas, Virgin are United in competition after US airlines’ expansion

United Airlines will expand its presence in Australia this year following a codeshare agreement with Virgin Australia.

The New Daily

3 High-Flying Airliners to Buy This Week

Although the airline sector hasn’t had the best run during the COVID-19 pandemic, its near-term outlook looks bright thanks to the pent-up travel demand. Given this backdrop, fundamentally strong airline stocks, International Consolidated Airlines (ICAGY), Air Canada (ACDVF), and Air France-KLM (AFLYY), might be ideal buys this week. Read on.

StockNews.com

After mid-flight brawl, DGCA issues advisory to deal with unruly passengers

Amid multiple reports of unruly behaviour by passengers onboard flights, the Directorate General of Civil Aviation (DGCA) issued an advisory to all airlines asking them to action against such behaviours during flight operations. Read further on dynamite News:

Dynamite News

UK passengers owed millions by airlines in unpaid refunds and expenses

Wizz Air accounts for almost half the total amount owed to customers, according to Which?

The Guardian - UK

2 Airline Stocks to Buy in 2023 and 2 to Avoid Completely

The airline industry is anticipated to report profits this year, but its near-term prospects appear uncertain. While fundamentally strong airline stocks Deutsche Lufthansa (DLAKY) and Qantas Airways (QABSY) might be solid buys, Spirit Airlines (SAVE) and Virgin Galactic (SPCE) might be best avoided, given their poor fundamentals and growth prospects.…

StockNews.com

1 Stock to Avoid in 2023 Despite Its Cheap Price

After a delay of over two years, Virgin Galactic (SPCE) looks set to start its commercial flights to space in the second quarter of fiscal 2023. Although the stock trades at a low price, investors should avoid it as the company still looks far from turning profitable. Keep reading….

StockNews.com

1 Airline Stock It's Time to Buy in 2023

With air travel returning to pre-pandemic levels, airlines are expected to perform strongly this year. Copa Holdings (CPA) posted solid earnings and revenue growth in the third quarter and expects its capacity to grow further in 2023. Thus, it could be wise to buy the stock now. Read on….

StockNews.com

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Bangkok Post

Staff shortages dent Hong Kong air hub hopes

HONG KONG: Regional airlines are struggling to ramp up flights to Hong Kong because of staff shortages at the airport, slowing the city's plan to recapture its travel hub status, industry insiders have told AFP.

StockNews.com

1 Airline Stock to Buy in 2023 and 2 to Sell Short

The airline industry seems well-positioned to grow significantly in the foreseeable future, thanks to pent-up travel demand. Hence, fundamentally strong airlines stock Southwest Airlines (LUV) could be a wise addition to one’s portfolio. However, amid macroeconomic headwinds and the industry’s post-pandemic challenges, fundamentally weak stocks Spirit Airlines (SAVE) and Astra…

StockNews.com

Is Spirit Airlines a Stock You Want to Buy This Holiday Season?

Spirit Airlines (SAVE) recorded solid topline growth in its 2022 third quarter. However, it missed consensus revenue estimates by more than $3 million. Moreover, the airline industry is witnessing slower bookings amid the recessionary concerns. So, let’s find out if SAVE could be an ideal buy this holiday season….

The Guardian - AU

Australian man says he was booted from Qatar Airways flight because of his disability

Craig Nolan incident comes after disability royal commission hears airlines are ‘dehumanising’ passengers with disabilities

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The Independent UK

Why booking directly with airlines can be more expensive

Pandemic rebooking issues drove many air passengers to book directly with airlines instead of third-party travel sites

StockNews.com

Is It Time to Start Betting on These 2 Airline Stocks Again?

Pent-up travel demand in the post-pandemic era has helped the airline industry recover from losses. However, widespread macro headwinds do not seem to favor the industry's prospects. Let's find out if it's the right time to buy airline stocks Frontier Group (ULCC) and Spirit Airlines (SAVE)….

The Times of India

As winter schedule starts, Pune airport still with unused slots

PUNE: The winter schedule of the Pune airport at its start from October 30, still reflexes many empty slots.

The Times of India

As winter schedule starts, Pune airport still with unwanted slots

PUNE: The winter schedule of the Pune airport at its start from October 30, still reflexes many empty slots.

StockNews.com

3 Airline Stocks Still Facing a Ton of Turbulence in 2022

While air travel rebounded from the pandemic setback, the industry is still struggling with staffing shortages. Moreover, high inflation has negatively impacted airline bookings. Therefore, investors should avoid buying fundamentally weak airline stocks JetBlue Airways (JBLU), Frontier Group Holdings (ULCC), and Spirit Airlines (SAVE). Keep reading….

StockNews.com

3 Airline Stocks Showing a Lack of Upward Direction

The airline industry has been impacted by high fuel prices and declining consumer demand amid the rising odds of a recession. Concerns over elevated inflation, a sluggish economy, and operational challenges have led airline stocks JetBlue Airways (JBLU), Spirit Airlines (SAVE), and Hawaiian Holdings (HA) to decline lately. Investors should…

The Independent UK

France’s airlines to axe 50% of flights amid planned air traffic control strike

Flights will have to avoid French airspace if the nationwide industrial action goes ahead

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