Alaska Air Group is a major airline holding company that operates primarily through its subsidiaries, offering air transportation services across the United States and internationally. The company's flagship carrier, Alaska Airlines, provides a range of flights and services, focusing on connectivity, customer service, and operational efficiency. It prides itself on a strong presence in the Pacific Northwest and a growing network that connects travelers to key destinations. In addition to passenger transportation, Alaska Air Group is involved in various ancillary services, including cargo operations and travel-related offerings, aimed at enhancing the overall travel experience for its customers. Read More
United Airlines (UAL) announced an investment in JetZero, a developer of a blended wing body (BWB) aircraft anticipated to improve fuel efficiency by up to 50% relative to current aircraft models.
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.
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
On an adjusted basis, the company forecast earnings between $1.15 and $1.65 per share for the second quarter. At the same time, analysts expect it to post $2.47 per share.
Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.
Boeing closed over $50 billion in aircraft orders in March alone added to its more than half a trillion backlog, but the stock still sells off. Time to buy?
