More From Rajesh Kumar Singh
U.S. Carriers' Cost Struggle Overshadows Travel Demand Surge
U.S. carriers are struggling to offset higher costs even as booming travel demand has given them strong pricing power, raising questions about their ability to shield profit once consumer demand softens.
Jul 21, 2022
United Airlines Falls Short Of Profit Estimates On Higher Costs
United Airlines Holdings on Wednesday posted a lower-than-expected quarterly profit, its first without government aid since the pandemic began, as booming travel demand failed to offset higher operating costs.
Jul 20, 2022
United Airlines Earnings Disappoint As Operating Costs Bite
United Airlines Holdings on Wednesday posted a lower-than-expected quarterly profit, its first without U.S.
Jul 20, 2022
Delta Sees 'Meaningful' Full-year Profit On Resilient Consumer Demand
Delta Air Lines Inc on Wednesday forecast a "meaningful" profit for the full-year as robust travel demand helped it post its strongest quarterly earnings since the start of the pandemic.
Jul 13, 2022
Delta Misses Earnings Estimates, Shares Fall
Delta Air Lines Inc on Wednesday posted a lower-than-expected second-quarter profit on higher operating expenses, sending its shares lower in pre-market trade.
Jul 13, 2022
Higher Costs Hit Delta Quarterly Profit, Shares Plunge
Delta Air Lines Inc on Wednesday posted a lower-than-expected second-quarter profit on higher operating expenses, pushing it shares down by more than 8%.
Jul 13, 2022
Delta Warns Of Rising Costs After Missing Earnings Estimates
Delta Air Lines Inc on Wednesday posted a lower-than-expected second-quarter profit and warned that cost pressures would remain elevated through the year as it battles operational challenges, sending its shares lower.
Jul 13, 2022
Demand, Costs In Focus As U.S. Airlines Report Earnings
Major U.S. airlines are poised to post their strongest earnings since the start of the pandemic when they report quarterly results starting on Wednesday.
Jul 12, 2022
Spirit Airlines Again Delays Shareholder Vote On Frontier Deal
Spirit Airlines Inc on Wednesday deferred a shareholder vote on Frontier Group Holdings Inc's merger offer for the budget carrier until next week.
Jun 29, 2022
Analysis-Flight Delays, Cancellations Mar U.S. Summer Travel
Persistent staffing shortages, fewer flights and booming demand have cast a shadow on the busy July Fourth holiday weekend and the entire summer travel season.
Jun 29, 2022
United Airlines Cites Jump In Global Travel Searches After U.S. Ends COVID Testing
United Airlines said on Monday searches for international travel have increased after the United States ended a 17-month-old requirement that air travelers arriving in the country test negative for COVID-19.
Jun 13, 2022
JPMorgan Sees 'Growing Probability' Of A Spirit-JetBlue Deal
Spirit Airlines Inc's acquisition by JetBlue Airways Corp has become a "growing probability", according to analysts at JPMorgan.
Jun 10, 2022
Alaska Air Pilots Authorize Strike Amid Contract Negotiations
Pilots at Alaska Air Group Inc have voted to authorize a strike if agreement on a new employment contract cannot be reached, their union said on Wednesday.
May 25, 2022
United Airlines Lifts Second-quarter Revenue Forecast
United Airlines Holdings Inc on Monday raised its revenue estimate for the current quarter despite trimming capacity, underscoring a booming travel demand.
May 16, 2022
U.S. Airlines Sound Bullish As Bookings Roar Back
Airlines are back. That's the message major U.S. carriers are sending investors after grappling with coronavirus-induced uncertainty for two years.
Apr 21, 2022
Delta Sees Return To Profit As Travel Demand Hits 'Historic' Levels
Delta Air Lines Inc on Wednesday posted a smaller-than-expected quarterly loss and forecast returning to profit in the current quarter on the back of a booming travel demand, sending its shares higher.
Apr 13, 2022
Delta Sees Return To Profit As Consumer Travel Demand Hits 'Historic' Levels
Delta Air Lines Inc on Wednesday reported a quarterly loss, but forecast a return to profit in the current quarter as airline travel demand reaches record heights.
Apr 13, 2022
Delta Sees 'Meaningful' Profit As Travel Demand Hits 'Historic' Levels
Delta Air Lines Inc on Wednesday forecast returning to profit in the current quarter, after posting a smaller-than-expected quarterly loss, on the back of a booming travel demand, sending its shares higher.
Apr 13, 2022
U.S. Airline Demand, Costs Soaring As Earnings Kick Off
Major U.S. airlines are enjoying the strongest travel demand in three years, yet investors will focus on how they are mitigating mounting inflationary pressures when they report quarterly earnings starting on Wednesday.
Apr 12, 2022
Analysis: JetBlue Faces Struggle In Selling Spirit Takeover Bid To Investors
Robin Hayes, the ebullient chief executive of JetBlue Airways Corp, was on an Amtrak train on Tuesday coming back from Boston when news broke that his company had made an offer to acquire Spirit Airlines Inc.
Apr 07, 2022
GE Cuts CEO Culp's Incentive Grant After Shareholder Rebuke
General Electric Co on Thursday said its Chief Executive Larry Culp would take a 67% cut to an incentive grant this year after shareholders last year rejected his compensation package in a non-binding but rare rebuke over executive pay.
Mar 17, 2022
Airbus Taps Delta In Drive To Develop Hydrogen-powered Plane
Carrier Delta Air Lines Inc will help planemaker Airbus in its effort to develop a hydrogen-powered passenger airplane, the companies said on Thursday.
Mar 17, 2022
GE Sees Risks From War In Ukraine, But Retains 2022 Earnings Forecast
General Electric Co on Thursday reiterated its 2022 earnings forecast, but said Russia's invasion of Ukraine has added to business uncertainty.
Mar 10, 2022
GE Reaffirms 2022 Earnings Forecast Despite Challenges
General Electric Co on Thursday reiterated its 2022 earnings forecast, but said Russia's invasion of Ukraine has added to business uncertainty.
Mar 10, 2022
GE's Investors Look For Update On Supply-chain, Inflationary Pressures
When General Electric Co's investors gather on Thursday, they will focus on a potential hit to company profits from persistent supply-chain and inflationary woes.
Mar 09, 2022
GE CEO Sees 'Strong' Revenue Growth Despite Challenges
General Electric Co expects to have "strong" revenue growth this year despite inflationary and supply-chain challenges, Chief Executive Larry Culp said on Wednesday.
Feb 23, 2022
American Airlines Plans More Schedule Cuts As It Waits For 787 Jet Deliveries
American Airlines Group Inc said on Friday it plans to further trim its summer schedule due to Boeing Co's delay in delivering 787 Dreamliner jets.
Feb 18, 2022
Caterpillar Tries To Allay Earnings Concerns After Shares Tank
Caterpillar Inc tried on Tuesday to ease mounting concerns about China and global demand after it affirmed its 2018 profit estimate, a move that investors feared signaled a cap in earnings growth and sparked a sell-off in its shares.
Oct 23, 2018
US Steel Workers Set To Get Biggest Pay Raise In Years
United States Steel Corp workers are set to get the biggest wage jump in at least six years under a new deal negotiated with the company, providing early signs that gains from President Donald Trump's clampdown on foreign imports are finally trickling down.
Oct 16, 2018
Caterpillar Raises 2018 Profit Outlook, Beats Quarterly Estimates
Caterpillar Inc. on Monday upgraded its full-year profit outlook after earnings in the second quarter nearly doubled, beating market expectations, helped by robust global demand for its equipment.
Jul 30, 2018
