airline

United Airlines Holdings Inc (NASDAQ: UAL) shares are trading significantly lower Monday alongside other airline companies amid travel uncertainties due to the Russia-Ukraine conflict. The conflict is causing geopolitical uncertainties which are weighing on travel demand. United Airlines was...

The merger deal between Spirit Airlines Incorporated (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC) represents an enterprise value of $6.6 billion and is in line with the long-term historical multiple of Spirit Airlines, according to BofA Securities. The Spirit-Frontier Analyst: Andrew...

Airline stock investors hoping for a return to normalcy in 2022 got some very bad news in late November when scientists discovered the omicron variant of COVID-19. The omicron news was a devastating blow for airline stock investors, but Bank of America analyst Andrew Didora said Tuesday that...

The risk-reward balance for Boeing Co (NYSE: BA) shares has turned positive, according to an analyst at Wells Fargo Securities. The Boeing Analyst: Matthew Akers upgraded Boeing shares from Equal-Weight to Overweight and increased the price target from $224 to $272, suggesting roughly...

Boeing Co (NYSE: BA), Canopy Growth Corp (NASDAQ: CGC) and Meta Platforms Inc (NASDAQ: FB) are all trading higher in strong uptrends. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart. The higher highs indicate the bulls are in control...

American Airlines Group Inc (NASDAQ: AAL) and Southwest Airlines Co (NYSE: LUV) reversed course on Thursday after selling off for months amid fear over rising COVID-19 Delta variant cases. Bullish investors seem to have largely left the travel sector over worries subsequent waves of the virus...

An attractive share price and quality business in a low-competition environment have a BofA Securities analyst bullish on Allegiant Travel Company (NASDAQ: ALGT). The Allegiant Analyst: Andrew Didora upgraded the firm’s rating on Allegiant from Neutral to Buy and...

Reopening stocks such as Boeing Co (NYSE: BA) have taken a big hit recently as the ramp up of the COVID-19 vaccine roll out has been marred by an increased spread of the Delta variant. On July 13, Boeing’s stock broke bearish from a triangle it had been trading in since January. During Friday...

The overcast skies looming over Louis Armstrong New Orleans International Airport did nothing to quash the spirit of city officials — including Mayor LaToya Cantrell — and airport functionaries watching, clapping or dancing along with the Treme Brass Band, two Zulu Tramps and an...

Travel through U.S. airports continues to increase as COVID-19 vaccinations ramp up and customers return to the skies. On Friday, the Transportation Security Administration reported 2,081,115 travelers passed through airport security checkpoints, up 310% over the same date in 2020. After periods of...

Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the past 12 months is 53.3%. But there is no question some big-name stocks performed better than others along the way. United’s Big Run: One...

The leisure "travel rebound is in full swing" in 2021, BofA Securities wrote in an industry-wide note, adding that U.S. airline stocks are trading 7% above pre-pandemic levels compared to 10% below for the rest of the travel industry. The Airline Analyst: Andrew Didora made changes to the...

If a second wave of COVID-19 infections spreads across the U.S., it will be "really terrible for the whole economy," former Spirit Airlines Incorporated (NYSE: SAVE) CEO and President Ben Baldanza said on CNBC's "Squawk Box." No Recovery In 2020: The fourth quarter is...

Seaport Global initiated coverage of seven airliners, three of which should be bought by investors. Daniel McKenzie initiated coverage of the following airliners: Alaska Air Group, Inc. (NYSE: ALK) at Buy, $53 price target. Allegiant Travel Company (NASDAQ: ALGT) at Buy, $166 price target. Azul SA...

The leading airline industry group is warning that mounting debt incurred by members to stay in business during the coronavirus crisis could eventually endanger their survival when the bills come due. Airlines are scrambling to borrow money from commercial banks and investors, sell securities, and...