airline
In recent years, Southwest Airlines Co. (NYSE:LUV) has weathered its fair share of challenges. From operational hurdles to strategic decisions, the company has navigated through turbulent times. However, amidst these difficulties, there are indications that Southwest might be on the path to recovery. One significant event that impacted Southwest’s stock performance in recent months was the announcement of a capacity reduction plan in March 2024. This decision, driven by issues with their aircraft supplier Boeing, caused a notable drop in Southwest’s stock. The airline revised its financial out...
Invezz
Ryanair (NASDAQ: RYAAY) share price has done well over the years, transforming it into the biggest airline in the world after Delta Air Lines. It has soared by over 4,300% since going public, giving it a market cap of over $23 billion. Outperforms legacy airlinesRyanair’s performance is notable because it is a budget airline that charges some of the lowest fares in Europe. It also has a smaller fleet than some of the biggest European airlines. It has a fleet size of 584 aircraft IAG (LON: IAG), the parent company of British Airways and Aer Lingus has over 650 planes while Delta and United have...
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EasyJet (LON: EZJ) share price has had a mixed performance in the past decade. Its stock bottomed at 173.60p in 2011 and soared to 1,385p in 2018. It has now plunged by over 63% to the current 510p even as the company grew its market share in the European aviation industry. EasyJet is a strong brandEasyJet is a leading company in the aviation and holiday business. Its goal is to replicate Ryanair’s low-cost business model to become a major player in the industry. In addition to its low-cost flights, the company has diversified into the holidays business where it lets users book travel packages...
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IAG (LON: IAG) share price is doing well as investors wait for the company’s financial results set for May 10th. It soared to a high of 181.20p on Monday, its highest swing since November 2021, making it one of the top-performing airline companies. It has jumped by almost 100% from its lowest point in 2022. International Consolidating Airline earningsThis will be an important week for IAG, the parent company of British Airways and Aer Lingus as it publishes its Q1 earnings report. These numbers will provide more information about its performance as the travel industry growth continues. IAG and...
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Lilium (NASDAQ: LILM) is up 10% at writing after UrbanLink placed an order for 20 of its eVTOL jets. UrbanLink may buy another 20 Lilium jetsThe advanced air mobility operator could buy another 20 of its electric vertical take-off and landing aircraft at a later stage, as per the press release on Monday. Urban Link expects the purchase to help it “begin operations with a regional network connecting cities in South Florida. Lilium and the advanced air mobility operator refrained from divulging financial terms of the agreement they announced for now. The news arrives months after $LILM secured E...
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Joshua Dean, a former employee and whistleblower against Boeing’s supplier Spirit AeroSystems, died under sudden and tragic circumstances, compounding the aviation industry’s ongoing concerns about safety and corporate accountability. This event closely follows the death of another Boeing whistleblower, John Barnett, setting a grim tone for the industry. Here, we explore the timeline of events leading to Dean’s untimely demise and the serious accusations he leveled at his former employer. Who was Joshua Dean?Joshua Dean began his career at Spirit AeroSystems, a major manufacturer of aircraft c...
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Los Angeles (AFP) - A woman who says she was threatened with being kicked off a US Delta Air Lines flight because she was not wearing a bra demanded a meeting with the company's top boss on Thursday over what she says is a discriminatory policy. Lisa Archbold said she had on baggy jeans and a loose white t-shirt -- with no bra -- and claimed she was temporarily escorted off a flight by a female gate agent who demanded she cover up, even though her breasts were not visible. "It felt like a scarlet letter was being attached to me," Archbold, 38, told reporters in Los Angeles about the January ...
AFP
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