'Prepare for a bloodbath' in the airline industry: Panel

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 60 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 63%

American Airlines Nouvelles

Southwest Airlines,Boyd Group International President Mike Boyd,George Ferguson

American Airlines (AAL) and Southwest Airlines (LUV) shares were initially under pressure in Thursday's pre-market hours after reporting earnings, both...

) shares were initially under pressure in Thursday's pre-market hours after reporting earnings, both seeing a bump higher at the start of regular trading hours. American and Southwest signaled margin headwinds tied to airfare prices and capacity pressures.

Let's begin with you and just your, your big picture overview of the results that we're getting in this morning.What we're missing here despite the dog roll put up by American Airlines.And now we have a very desperate ULCC sector which used to be somewhat separate. So I think it's going to be, it's going to be a rough year for the airlines rougher than I thought Mike when it comes to what airlines need to do or can do in order to change the narrative and really shift some of the weakness or eliminate some of that weakness.

So, I mean, for example, frontier going into in a big way into Charlotte, American owned Charlotte, be simple absolute that you can't stimulate new market going to Buffalo out of Charlotte. Today, the federal government announced more than $41 million in contributions and low-cost loans through the Affordable Housing Fund to help build and repair 3,304 affordable homes in Ottawa and Eastern Ontario.The 84-year-old Australian actor, who famously played James Bond in 1969's On Her Majesty's Secret Service announced on X/Twitter that he was withdrawing from the public eye to spend time with his family.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

American Airlines flight attendants reach deal with company over new contract, union saysThe Association of Professional Flight Attendants said the deal addresses their concerns about compensation, work rules, and retroactive pa
La source: globebusiness - 🏆 31. / 66 Lire la suite »

Summer travel boom not enough to fire up airline earningsEarnings from American and Southwest Airlines are expected to deliver more bad news following downbeat outlooks for the quarter from United, Delta, Alaska Airlines, and Ryanair this week
La source: globeandmail - 🏆 5. / 92 Lire la suite »