Allegiant's consolidated net income slipped to $13.7 million in the second quarter of 2024, falling 84.5% over the same period last year. The company's consolidated total operating revenues slipped...
TD Cowen analysts Helane Becker and Thomas Fitzgerald downgraded American Airlines from buy to hold on July 16, 2024. The downgrade followed the analysts' concerns surrounding the carrier's ""aggressi...
Spirit Airlines CEO Ted Christie has called the recent speculation over its future should the JetBlue merger not succeed a “misguided narrative” that has been pushed by various “pundits” in its fourth...
A US federal judge has blocked JetBlue Airways from acquiring budget carrier Spirit Airlines, concluding that the merger – first announced in July 2022 - would substantially damage competition. Follow...
American multinational investment bank TD Cowen has published its 2024 travel outlook, highlighting that although airlines’ strong year-end performance (helped by a strong Thanksgiving) will likely co...
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