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Boeing 737 Max 9 Fiasco Will 'Hurt The Entire' US Economy, Aviation Expert Warns: 'I Think Is Totally Incompetent'
Friday, January 26, 2024 - 9:45pm | 800Read More...The recent Boeing Co (NYSE:BA) 737 Max 9 fiasco could have a significant impact on the entire U.S. economy, according to aviation expert Mike Boyd. What Happened: Boyd, the president of Boyd International, in an interview with Yahoo! Finance, warned that the repercussions of the Jan. 5 incident...
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Boeing CEO Dave Calhoun To Meet Ted Cruz And Other Senators Over 737 MAX 9 Grounding
Tuesday, January 23, 2024 - 9:50pm | 643Read More...The CEO of Boeing Co (NYSE:BA), Dave Calhoun, is reportedly set to meet with U.S. senators this week to address concerns about the 737 MAX 9 grounding. What Happened: Calhoun will meet with Sen. Ted Cruz (R-Texas) and Mark Warner (D-VA) to discuss the recent 737 MAX 9 grounding, reported Reuters....
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US Aviation Watchdog Recommends Expanded Checks On Boeing 737 Fleet After MAX 9 Door-Plug Incident
Monday, January 22, 2024 - 4:33am | 657Read More...The U.S. Federal Aviation Administration (FAA) has advised airlines to conduct checks on Boeing Co (NYSE:BA) 737-900ER jets due to potential issues with door plugs. This comes after the grounding of 171 Boeing 737 MAX 9 planes following a mid-air cabin blowout incident. What Happened: The FAA...
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Boeing To Revise 737 Max 9 Inspection Guidelines Post Mid-Flight Panel Failure: US Aviation Watchdog
Tuesday, January 9, 2024 - 9:30pm | 683Read More...The Federal Aviation Administration (FAA) has declared that the aircraft manufacturing giant Boeing Co (NYSE:BA) will modify its inspection guidelines for the 737 Max 9 airplanes in response to a mid-flight panel blowout incident that occurred last week. What Happened: A recent Alaska Air Group Inc...
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Off-Duty Pilot Charged With Attempted Murder For Engine Interference On Flight To San Francisco
Monday, October 23, 2023 - 4:02pm | 455Read More...What Happened: An off-duty pilot was charged with 83 counts of attempted murder after allegedly trying to interfere with an airplane’s engine while the plane was in the air and full of passengers. The off-duty pilot, Joseph D. Emerson was riding in the cockpit of a plane operated by...
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Alaska Air May Fly Into Headwinds With Softening of US Domestic Fares; Analyst Looking Into Booking Trends And Aircraft Deliveries
Wednesday, July 26, 2023 - 2:22pm | 497Read More...Susquehanna analyst Christopher N. Stathoulopoulos reiterated a positive rating on Alaska Air Group, Inc. (NYSE: ALK), lowering the price target to $58 from $65. Alaska Air reported second-quarter FY23 operating revenue growth of 7% year-over-year to $2.84 billion,...
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Fintech Focus For May 6, 2021
Wednesday, May 5, 2021 - 5:11pm | 1583Read More...Quote To Start The Day: “Creativity is knowing how to hide your sources.” Source: C.E.M. Joad One Big Thing In Fintech: CME Group, the world’s leading and most diverse derivatives marketplace, today announced that it will not reopen its physical trading pits that were closed last...
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Barron's Picks And Pans: Alaska Air, AT&T, Netflix, Pepsi, And More
Sunday, December 17, 2017 - 12:34pm | 603Read More...This weekend's Barron's takes a look at what the latest monster media deal will mean for the industry. Other featured articles offer the best and worst income picks for the coming year and a regional airline that is ready to take off. A gene therapy-focused biotech and real estate...
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Alaska Air Just Became A Top Pick At Morgan Stanley
Thursday, November 16, 2017 - 11:54am | 466Read More...Alaska Air Group, Inc. (NYSE: ALK) shares experienced a sell-off in late October in conjunction with third quarter results. Based on an investor poll, Morgan Stanley found that sentiment remained mixed, although a majority are bullish. The Analyst Morgan Stanley analyst Rajeev Lalwani has...
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Virgin America Surges 40% As Alaska Air Confirms $57 Per Share Acquisition
Monday, April 4, 2016 - 7:35am | 330Read More...Shares of Virgin America Inc (NASDAQ: VA) surged higher by more than 39 percent early Monday to trade at $54 after Alaska Air Group, Inc. (NYSE: ALK) confirmed it has entered into an agreement to acquire the airline for $57.00 per share in cash. Alaska Air stated the transaction is expected to...
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Embraer And Alaska Air Ink $2.6 Billion Deal
Tuesday, February 9, 2016 - 11:23am | 148Read More...According to a report by The Wall Street Journal, Alaska Air Group, Inc. (NYSE: ALK) reportedly will order 30 regional jets made by Embraer SA (ADR) (NYSE: ERJ) with an option to purchase 30 more. The Wall Street Journal, citing "two people familiar with the planned deal," reported that Alaska Air...
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Shares Of Alaska Air Higher Following Q4 Print
Thursday, January 21, 2016 - 2:41pm | 283Read More...Shares of Alaska Air Group, Inc. (NYSE: ALK) were trading higher by nearly 6 percent at $71.04 by mid-Thursday afternoon after trading as high as $72.26 earlier in the day. Alaska Air Group reported its fourth quarter results before the market opened. The company said it earned $1.46 per share...
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Barron's Recap: 22 Smart Investment Ideas
Sunday, January 25, 2015 - 4:29pm | 825Read More...This weekend in Barron's online: part two of the Barron's 2015 roundtable, where to find gains as profits slow down, the Barron's forecasting contest winner, as well as the prospects for Ameriprise Financial, Oracle, Union Pacific, Remy International and more. Cover Story "Getting Down to Business...
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Imperial Capital Expects Alaska Air Group To Report Record Fourth Quarter Results
Tuesday, January 13, 2015 - 12:04pm | 211Read More...Bob McAdoo of Imperial Capital commented on Tuesday that Alaska Air Group, Inc. (NYSE: ALK) is expected to report record fourth quarter results following its investor update. Alaska Air Group announced on January 9 that it expects its PRASM (Passenger Revenue Per Available Seat Mile) for the...
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Why The Shorts Have Exited Major Airlines
Saturday, June 14, 2014 - 4:52pm | 1061Read More...Short sellers got out of the way of the major U.S.-based airline stocks in the lead up to the summer travel season and as share prices rose as much as 10 percent to multiyear highs. The number of shares sold short in American Airlines (NASDAQ: AAL), Delta Air Lines (NYSE: DAL) and United...
