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American Airlines (AAL) Surges: Why It Still Has Room to Run? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 7:53AM CST
American Airlines witnessed Zacks Rank surge over the past four weeks with positive trend in the earnings estimate revisions in the current year suggesting that the company could see more gains.
UAE airline nears decision on Alitalia stake
By ADAM SCHRECK - AP - Sun Feb 02, 12:27PM CST
ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates' national airline suggested Sunday it is nearing a decision on taking a stake in struggling Italian carrier Alitalia as a high-level Italian delegation promoted investment opportunities during a visit to the Mideast country.
Southwest Airlines, DISH Extend Ties - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 17, 4:18PM CST
Southwest Airlines is extending free in-flight, live TV service to passengers.
Alitalia says on course to raise money requested
AP - Thu Nov 28, 11:43AM CST
MILAN (AP) — Struggling airline Alitalia says it is well on the way to raising the 300 million euros ($408 million) it has asked from shareholders as part of a broader rescue plan.
In-flight phones: Others likely to follow FAA lead
By RAPHAEL SATTER - AP - Fri Nov 01, 4:47PM CDT
LONDON (AP) — The U.S. Federal Aviation Administration says it is relaxing restrictions on the use of smartphones and other electronics inside flights by American carriers. Passengers are still barred from making calls or downloading data off a cellular network, but the OK on using laptops, consoles, e-readers, and other electronics at the beginning and end of each flight will come as a relief to many travelers. Here's a look at what may be in store for air travelers in the rest of the world.
Air France-KLM sees profit slide 50 percent
AP - Thu Oct 31, 5:25AM CDT
PARIS (AP) — Weak demand in a poor economy and stiff competition pushed Air France-KLM's net profit down more than 50 percent in the third quarter, the Franco-Dutch airline said Thursday.
Alitalia pilots union announces 4-hour strike
AP - Tue Oct 22, 11:29AM CDT
MILAN (AP) — Alitalia's main pilots' union has announced a four-hour strike for Oct. 29 to pressure management for details on how they intend to return the struggling carrier to health.
Alitalia shareholders approve capital increase
AP - Tue Oct 15, 8:08AM CDT
MILAN (AP) — Shareholders in the Alitalia airline have agreed to a 300 million-euro ($400 million) capital increase to save Italy's flagship carrier from bankruptcy.
Alitalia board approves capital increase
By COLLEEN BARRY - AP - Fri Oct 11, 1:17PM CDT
MILAN (AP) — The Alitalia board on Friday approved a 300 million euro ($400 million) capital increase as part of a rescue plan for the struggling flagship airline.
Air France to cut 2,800 more jobs amid weak demand
AP - Wed Sep 18, 9:54AM CDT
PARIS (AP) — Air France says it needs to cut 2,800 jobs to balance its books and return to health after years of falling demand and increased competition from low cost carriers.
Ryanair shares slump 15 pct on rare profit warning
By SHAWN POGATCHNIK - AP - Wed Sep 04, 6:21AM CDT
DUBLIN (AP) — Shares in Ryanair suffered their biggest drop in four years Wednesday after Europe's top budget airline issued a rare profit warning due to low autumn ticket sales that reflected the weak economy and aggressive competition.
Air France-KLM reports further losses in Q2
AP - Fri Jul 26, 3:33AM CDT
PARIS (AP) — Air France-KLM posted further losses in the second quarter as its medium-haul and cargo operations continued to suffer from the weak economy.
Zimbabwe's state airline gets new IATA license
AP - Fri Jun 21, 6:45AM CDT
HARARE, Zimbabwe (AP) — Zimbabwe's state airline says it has been licensed by the International Air Travel Association to resume flying to intercontinental destinations.
News Summary: Airbus gets 59 orders for A350
By The Associated Press - AP - Wed Jun 19, 10:58AM CDT
MAY I TAKE YOUR ODER? Airbus picked up orders for its new A350, announcing 59 sales of the wide-body jet. Singapore Airlines ordered 30. Air France-KLM, 25 and SriLankan Airlines will buy four A350s and six slightly smaller A330 jets.
Airbus clocks 59 orders for new A350 wide-body jet
AP - Wed Jun 19, 10:43AM CDT
LE BOURGET, France (AP) — Airbus raked in orders Wednesday for its new A350, announcing 59 sales of the wide-body jet that flew for the first time last week.
Air France-KLM losses mount in Q1
AP - Fri May 03, 5:36AM CDT
PARIS (AP) — Air France-KLM said Friday its losses mounted sharply in the first quarter compared to a year earlier, when earnings were boosted by a gain in the value of oil price hedging contracts the airline uses to manage its fuel costs.
Air France-KLM to replace top executives
AP - Mon Mar 25, 11:27AM CDT
PARIS (AP) — Air France-KLM's top two executives say they will step down in July as the struggling airline tries to turn its business around.
Zacks Rank #5 Additions for Friday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 08, 8:44AM CST
Here are 5 stocks added to the Zacks Rank #5 ("strong sell") List for Friday
Middle East is new global travel crossroads
By SCOTT MAYEROWITZ - AP - Mon Mar 04, 5:02PM CST
DUBAI, United Arab Emirates (AP) — It's 1 a.m. and the sprawling airport in this desert city is bustling. Enough languages fill the air to make a United Nations translator's head spin.