Spirit Airlines, American Airlines cut forecasts citing higher fuel costs
Spirit Airlines (SAVE) and American Airlines (AAL) shares are trading lower after cutting their forecasts, with both airlines citing higher fuel costs. Spirit Airlines also says promotional activit...
Wall Street Lunch: August CPI Won't Phase The Fed
August consumer price index aligns with forecasts, Core CPI rose +0.3%. American Airlines lowers Q3 guidance; S&P cuts rating on Advance Auto Parts.
American Airlines trims EPS guidance for Q3 in less than half
American Airlines Group Inc (NASDAQ: AAL) just joined peers in trimming its expectations for the summer quarter. Shares of the air carrier are down 5.0% at writing.
American Airlines, Spirit lower guidance on higher fuel costs
U.S. air carriers like and American Airlines and Spirit Airlines are cutting their third-quarter profit forecasts due to rising fuel costs and other expenses.
Why Are Airline Stocks Down Today?
Airline stocks are down on Wednesday as a variety of factors are weighing on the sector and dashing investors' hopes. Starting off the bad news for airline stocks today are expectations for fuel pr...
American Airlines makes a drastic cut to profit forecast as fuel prices soar
American Airlines said that rising costs, including fuel, will dent its upcoming profits.
Airline stocks lose altitude as American Airlines and Spirit cut 3Q guidance on rising fuel prices
American Airlines Group (NASDAQ:AAL) and Spirit Airlines led a decline in US airline stocks on Wednesday after they cut third-quarter guidance, citing rising jet fuel costs and price cuts. In a fil...
American Airlines, Spirit Airlines cut summer profit forecast on higher costs
Southwest Airlines and Alaska Airlines trimmed their forecasts earlier this month.
American Airlines stock drops after profit outlook cut, citing higher fuel costs and a $230 million labor expense
Shares of American Airlines Group Inc. AAL, +0.14% dropped 3.0% toward a four-month low in premarket trading Wednesday, after the air carrier cut its third-quarter earnings outlook, amid higher fue...
Southwest, American Descend as Delta, United in Holding Pattern
Leisure travel is replacing still-sluggish business travel, and big investors like Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.B are jumping on board, but airline industry stocks, as a group...
Most Airline Stocks Hurt During Wednesday's Trading: Here's Why
The increase in the oil price does not bode well for the likes of United Airlines (UAL), Southwest Airlines (LUV) and Alaska Air (ALK).
7 S&P 500 Stocks to Sell in September Before They Crash & Burn
Year to date, the S&P 500 and other leading market indexes have been strong. However, thanks to interest rates, the Federal Reserve, and growing fears of a recession, we've seen some cracks in the ...
Why American Airlines Stock Fell in August
American reached a deal with its pilots to avoid a potentially costly strike, but paid up to secure it. The airline has other potential headwinds on the horizon.
The Hot List: 7 Stocks That Won the Summer
With the warmer weather season coming to an end, I wanted to take a look back at some of the hottest summer stock winners of the last few months. While some stocks didn't have the best quarter (tha...
‘Fired up' American Airlines flight attendants threaten strike if they don't get 35% raise
Union members picketed in front of terminals at several airports nationwide on Wednesday.
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