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The Latest Breaking News from Airlines

Canadian airlines brace for a summer of change as U.S. airlines consider reforms

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.

The Conversation

Qantas, Virgin are United in competition after US airlines’ expansion

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

The New Daily

3 High-Flying Airliners to Buy This Week

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.

StockNews.com

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After mid-flight brawl, DGCA issues advisory to deal with unruly passengers

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:

Dynamite News

UK passengers owed millions by airlines in unpaid refunds and expenses

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

The Guardian - UK

2 Airline Stocks to Buy in 2023 and 2 to Avoid Completely

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.…

StockNews.com

1 Stock to Avoid in 2023 Despite Its Cheap Price

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….

StockNews.com

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1 Airline Stock It's Time to Buy in 2023

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….

StockNews.com

Staff shortages dent Hong Kong air hub hopes

HONG KONG: Regional airlines are struggling to ramp up flights to Hong Kong because of staff shortages at the airport, slowing the city's plan to recapture its travel hub status, industry insiders have told AFP.

Bangkok Post

1 Airline Stock to Buy in 2023 and 2 to Sell Short

The airline industry seems well-positioned to grow significantly in the foreseeable future, thanks to pent-up travel demand. Hence, fundamentally strong airlines stock Southwest Airlines (LUV) could be a wise addition to one’s portfolio. However, amid macroeconomic headwinds and the industry’s post-pandemic challenges, fundamentally weak stocks Spirit Airlines (SAVE) and Astra…

StockNews.com

Is Spirit Airlines a Stock You Want to Buy This Holiday Season?

Spirit Airlines (SAVE) recorded solid topline growth in its 2022 third quarter. However, it missed consensus revenue estimates by more than $3 million. Moreover, the airline industry is witnessing slower bookings amid the recessionary concerns. So, let’s find out if SAVE could be an ideal buy this holiday season….

StockNews.com

Australian man says he was booted from Qatar Airways flight because of his disability

Craig Nolan incident comes after disability royal commission hears airlines are ‘dehumanising’ passengers with disabilities

The Guardian - AU

Why booking directly with airlines can be more expensive

Pandemic rebooking issues drove many air passengers to book directly with airlines instead of third-party travel sites

The Independent UK

Is It Time to Start Betting on These 2 Airline Stocks Again?

Pent-up travel demand in the post-pandemic era has helped the airline industry recover from losses. However, widespread macro headwinds do not seem to favor the industry's prospects. Let's find out if it's the right time to buy airline stocks Frontier Group (ULCC) and Spirit Airlines (SAVE)….

StockNews.com

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The Times of India

As winter schedule starts, Pune airport still with unwanted slots

PUNE: The winter schedule of the Pune airport at its start from October 30, still reflexes many empty slots.

The Times of India

As winter schedule starts, Pune airport still with unused slots

PUNE: The winter schedule of the Pune airport at its start from October 30, still reflexes many empty slots.

StockNews.com

3 Airline Stocks Still Facing a Ton of Turbulence in 2022

While air travel rebounded from the pandemic setback, the industry is still struggling with staffing shortages. Moreover, high inflation has negatively impacted airline bookings. Therefore, investors should avoid buying fundamentally weak airline stocks JetBlue Airways (JBLU), Frontier Group Holdings (ULCC), and Spirit Airlines (SAVE). Keep reading….

StockNews.com

3 Airline Stocks Showing a Lack of Upward Direction

The airline industry has been impacted by high fuel prices and declining consumer demand amid the rising odds of a recession. Concerns over elevated inflation, a sluggish economy, and operational challenges have led airline stocks JetBlue Airways (JBLU), Spirit Airlines (SAVE), and Hawaiian Holdings (HA) to decline lately. Investors should…

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The Independent UK

France’s airlines to axe 50% of flights amid planned air traffic control strike

Flights will have to avoid French airspace if the nationwide industrial action goes ahead

StockNews.com

1 Airline Stock That's a Better Buy Than American Airlines

While pent-up travel demand is aiding the airline industry’s recovery from pandemic-led challenges, operational inefficiencies have forced American Airlines (AAL) to cancel hundreds of flights from its December schedule. In contrast, Alaska Air (ALK) seems to have better capitalized on the rise in demand and is undertaking strategic initiatives to…

StockNews.com

3 Space Stocks That Aren't Ready for Takeoff Right Now

Although the space industry holds long-term promise as a domain with infinite possibilities, the progress of businesses in this sector has been hampered by short-term macro issues. Hence, it could be best to avoid beaten-down space stocks Maxar Technologies (MAXR), Virgin Galactic (SPCE), and Astra Space (ASTR) until they return…

StockNews.com

1 Airline Stock to Buy and 1 to Sell Immediately

Although robust global travel demand has been aiding the airline industry’s recovery, broader macroeconomic issues and high fuel costs could dampen its growth. Therefore, while investing in fundamentally sound airline stock Alaska Air Group (ALK) could be wise, struggling Spirit Airlines (SAVE) is best avoided now. Let’s discuss….

StockNews.com

3 Airline Stocks You’ll Want to Sell if You Haven’t Already

Travel restrictions and routine disruptions since the pandemic have led to several operational challenges in the airline industry. Moreover, labor shortages are also posing a significant headwind. Given this backdrop, we think investors should avoid airline stocks JetBlue Airways (JBLU), Spirit Airlines (SAVE), and Hawaiian Holdings (HA). Continue Reading….

StockNews.com

Big Airlines Are Profitable Again, Is AAL a Better Buy Than Alaska Air Group?

Soaring travel demand in summer has led to big airlines turning profitable in the second quarter. Though travel demand is expected to decline now with summer nearing its end, easing travel restrictions should help the industry recover. Therefore, it could be worth watching prominent airline stocks, American Airlines (AAL) and…

Tribune News Service

What a new crackdown on airlines could mean to travelers

U.S. Transportation Secretary Pete Buttigieg told airlines this week that passengers are still seeing an “unacceptable” number of disruptions this summer, and he’s pushing carriers to better take care of passengers when flights are canceled and delayed.

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