Earnings did not bode well for the airline ETF. Is it the time to buy on the dip?
United just set the record for the longest nonstop flight from the United States. The flight goes from Los Angeles to Singapore, spans 8,700 miles, and lasts over 17 hours. It beats Qantas' previous record of 8,575 miles from Dallas to Sydney.
The massive decline in United Continental's (UAL) stock price on Oct 19 resulted in a slump in the NYSE ARCA Airline Index.
Airlines are facing a number of headwinds that are expected to hurt the third-quarter financial numbers. Additionally, the increase in fuel prices do not augur well for them.
Airlines have been hit hard by the recent natural disasters. Escalated costs are also likely to hurt the bottom lines in Q3.
Airline hubs are specific airports that an airline company uses as a transfer sport to get travelers to their intended destination, but which airlines dominate which airports? Let's take a look at seven major U.S. airlines, and see where their hubs are located.
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including the airline industry's reaction to United's earnings announcement, Blue Apron's plan to cut jobs, and a preview of Chipotle's upcoming earnings report.
Shares of Spirit Airlines (SAVE) surged on Tuesday after the company announced in a SEC filing that it raised its third-quarter revenue per available seat mile guidance.
High costs are expected to hurt United Continental's (UAL) bottom line in the third quarter of 2017. Multiple flight cancellations due to the recent hurricanes are also likely to hurt results.
We looked ahead to next week and selected the biggest reports to watch. Make sure to keep an eye on these companies as they prepare to report during the week of October 16!
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson prepare listeners for the first busy week of Q3 earnings season with previews of upcoming reports from PayPal (PYPL), United (UAL), and Netflix (NFLX).