Tag: travel

Boeing Co shares fell by 3.2% during premarket trading on Friday after the company suspended deliveries of its 787 Dreamliner jets. This comes after the aviation giant discovered a documentation issue while reviewing certification records. The company stated on Thursday that it "discovered an analysis...

Low-cost carrier EasyJet announced on Wednesday that it expects to beat current market expectations for 2023. This comes after the company experienced an increase in bookings for the summer and released its quarterly financial results. EasyJet reported a gross loss before tax of 133...

Chinese air travel has resurged ahead of the Lunar new year despite worries of new infections. This comes after the Chinese government dialed back its zero-Covid policies, thus reopening the economy. This change has seen a 63% recovery of air passenger volumes to 2019 levels....

Delta Air Lines Inc shares fell by 4.2% during premarket trading after the company announced on Friday that it has forecast current-quarter profit below expectations after incurring higher operating costs this past quarter. Although the fourth quarter saw a stark rise in travel demand during...

American Airlines shares gained more than 5% during premarket trading after the carrier forecast a rise in profit for the fourth quarter due to strong travel demand from consumers during the holiday season. This comes as welcome news after a period when a deteriorating...

European shares closed at a more than seven-week high on Monday amid a tech and travel stock boom. The benchmark STOXX 600 index gained 0.3% during the day's trading, thereby extending its three-week gain. Gambling company Flutter Entertainment Plc and low-cost airline Ryanair emerged as...