The airline industry is facing growing turbulence as the ongoing global trade war creates a cloud of uncertainty over passenger demand and revenue projections. Amidst the gloom, this ETF in the space may look appealing.
American Airlines has already been piloting the free service on select routes. By the end of next year, it plans to expand high-speed connectivity to 500 regional aircraft.
B Of A analyst revised estimates for Delta Air Lines, Inc. following its Q1 results, with operating revenue growth of 2% and adjusted EPS of $0.46. Delta is not reaffirming its FY25 guidance and plans to provide an update later in the year. Analyst predicts flat capacity in H2 and lowers revenue growth forecast. EPS estimate for 2025 reduced to $5.20. Buy rating with price forecast of $56.
U.S. consumers are feeling the pressure from years of rising costs and are now facing uncertainty about the future of the economy. The latest sign of a pressured consumer is a drop in the number of Americans making travel plans.
Travel industry faces turbulence as airlines, booking platforms, hotels, and cruise lines suffer due to weak demand. Three travel-focused ETFs are feeling the pressure, with stocks slipping.
United Airlines will install Starlink on 40+ regional aircraft each month from May 2021. Wi-Fi speeds up to 250 Mbps expected. Stock can be accessed through JETS and FTXR.
The Dallas-based company said following the layoffs, it expects partial-year 2025 savings to be about $210 million and full-year 2026 savings to be about $300 million.
Frontier reported a 12% rise in its total operating revenue to a record billion dollars compared to a Wall Street estimate of $986.50 million. Adjusted earnings per share (EPS) came in at $0.23 compared to an analyst estimate of $0.13.
Trump's first day in office saw executive orders on immigration and energy, withdrawal from global agreements, and tariff threats. Market reactions varied.
JetBlue now accepts Venmo for online flight bookings, alleviating shared expense pain points. New routes added and Q4 earnings to be released 01/28/2025.
U.S. Global Investors celebrates a successful year with its JETS ETF soaring 33%, TSA screening 5% more passengers and United Airlines stock rising 135%.
