The Latest Breaking News from Airlines

Amid rising concerns about an economic slump, strong fundamentals of value stocks Genmab A/S (GMAB), International Consolidated Airlines Group (ICAGY), and InterDigital (IDCC) could make them solid buys now. Read on….

American Airlines (AAL) reported robust financial performance in the fiscal first quarter, steadily improving its balance sheet. Moreover, as the U.S. airline industry is expected to achieve profits this year, investing in this stock might be an excellent choice despite the economic uncertainty. Read more.

The United States Government Accountability Office (GAO) recently issued a report on the causes of flight disruptions before and after the pandemic. The report also outlined the challenges airlines faced managing and responding to these flight disruptions.

United Airlines will expand its presence in Australia this year following a codeshare agreement with Virgin Australia.

Although the airline sector hasn’t had the best run during the COVID-19 pandemic, its near-term outlook looks bright thanks to the pent-up travel demand. Given this backdrop, fundamentally strong airline stocks, International Consolidated Airlines (ICAGY), Air Canada (ACDVF), and Air France-KLM (AFLYY), might be ideal buys this week. Read on.

Amid multiple reports of unruly behaviour by passengers onboard flights, the Directorate General of Civil Aviation (DGCA) issued an advisory to all airlines asking them to action against such behaviours during flight operations. Read further on dynamite News:

Wizz Air accounts for almost half the total amount owed to customers, according to Which?

The airline industry is anticipated to report profits this year, but its near-term prospects appear uncertain. While fundamentally strong airline stocks Deutsche Lufthansa (DLAKY) and Qantas Airways (QABSY) might be solid buys, Spirit Airlines (SAVE) and Virgin Galactic (SPCE) might be best avoided, given their poor fundamentals and growth prospects.…

American Airlines Group shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 81.

After a delay of over two years, Virgin Galactic (SPCE) looks set to start its commercial flights to space in the second quarter of fiscal 2023. Although the stock trades at a low price, investors should avoid it as the company still looks far from turning profitable. Keep reading….

With air travel returning to pre-pandemic levels, airlines are expected to perform strongly this year. Copa Holdings (CPA) posted solid earnings and revenue growth in the third quarter and expects its capacity to grow further in 2023. Thus, it could be wise to buy the stock now. Read on….