Delta Air Lines has had to adjust its plans for 2025. The company now expects lower profits because fewer people are booking flights than they thought. This is happening because there are too many flights available and people are waiting longer to make travel plans. Even though things are not as good as they hoped, Delta is still doing better than what experts predic...
JetBlue is making big moves to save money. The airline is cutting some routes and parking planes. This is all part of a larger plan to deal with financial struggles. The CEO, Joanna Geraghty, shared the news with employees. She talked about the need to control spending and save cash. The airline hopes travel demand will pick up again. But even if it does, getting bac...
JetBlue is facing a tough time. The airline's CEO, Joanna Geraghty, recently shared some tough news with the staff. The company is cutting more flights and looking for other ways to save money. This is because the demand for travel is not as high as they hoped. It looks like JetBlue won't be making a profit this year. They are relying on borrowed money to keep things...
The airline industry is facing a shift in passenger behavior. The demand for domestic flights has been slowing down. This has led to a surprising trend: cheaper plane tickets. The reason behind this shift is a mix of factors. Economic uncertainty is a big player. The current political climate and volatile markets are also contributing to this trend. People are he...
The airline industry is facing a rough patch. Southwest Airlines has joined Delta and United in pulling back its financial predictions. Why? The trade tensions sparked by the previous US president have created a lot of uncertainty. This is the biggest challenge the industry has faced since the COVID-19 pandemic. Travel is not a necessity for most people. When the ec...
The airline industry is feeling the pinch. Frontier Airlines has decided to cut back on flights. This move comes after a noticeable drop in travel demand, especially in March. The company also pulled its full-year forecast. This means they are unsure about what the rest of the year will bring. The budget airline also had to lower its expectations for the first quart...
Delta Air Lines is kicking off 2024 with high hopes, as they've just shared their first-quarter forecast. The airline expects to generate over $4 billion in free cash this year, which is an 18% increase from 2024. They're aiming for annual adjusted earnings of over $7. 35 per share, a significant jump from previous years. CEO Ed Bastian believes this could be their b...
2024 was a big year for the stock market, with tech giants like Nvidia leading the way. But tech wasn't the only sector making waves. Companies outside of tech had some impressive performances too. Let's take a look at some of the standout non-tech stocks of the year. Vistra, a Texas-based power company, was one of the biggest winners. With six reactors under its be...
Delta Air Lines is looking ahead to a promising fourth quarter. The airline expects to make more money than last year, thanks to steady travel demand and lots of bookings for the holiday season. On Thursday, it said its adjusted earnings per share for the fourth quarter might be between $1.60 and $1.85. That's higher than what analysts estimated and also better than ...