UBS has lowered its price target for Southwest Airlines to $12.50 from $13.25, and maintained its neutral rating. The airline has a potential upside of 41.7% based on a current price of $11.84 and an ...
Charles Stanley has upgraded its recommendation and target price for International Consolidated Airlines (IAG) from ‘reduce’ to ‘hold’ since it factored in non-fuel costs and other variables. The move...
The Indian budget 2011-12 has proposed to raise the service tax on air travel by Rs50 in the case of domestic air travel and Rs250 on international journeys by economy class. It also proposed to tax t...
Asian stock markets were mostly higher today with shares in Sydney and Tokyo erasing early losses and airlines gaining after oil prices retreated from multiyear highs. Airlines, hard-hit by the rece...
AirAsia is planning initial public offerings (IPO) for its Indonesian and Thai affiliates. Chief executive Tony Fernandes hopes the money raised will fund his expansion ambitions. He also confirmed...
Airline stocks have continued their slide downwards since civil unrest erupted in the Middle East and have retreated back to October levels. The drop was forced yesterday on the news Libya has halt...
Shares of Garuda Indonesia, the country's national airline, have fallen more than 20% on their market debut today. Garuda shares were trading at close to 600 rupiah on the Indonesia Stock Exchange ...
People's United Bank has established a new business aviation division which will operate under the bank's People's Capital and Leasing Corp. (PCLC) unit. PCLC, which will be headed by vice president...
The jet engine that exploded in mid-air on a Qantas long-haul flight has cost Rolls-Royce £56million. RR confirmed yesterday that the blow-out in one of its Trent 900 engines on an Airbus A380 flyin...
German carmaker Daimler has been placed under formal investigation in France over alleged insider trading in Airbus parent EADS. A French judge has already placed seven current and former EADS execu...
Shares in the newly-merged International Consolidated Airlines Group (ICAG) tanked 8.6 to 251p yesterday after its peer airline group Air France-KLM issued a profit warning for its full year earning...
Analysts have upgraded Southwest Airlines from Overweight to Buy. Over the last 52 weeks the stock has ranged from a low of $10.42 in July to a high of $14.32 in November. Southwest Airlines stock ...
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