Author: Anirudha Bhagat
Anirudha Bhagat has worked at Market Realist since July 2018, and his research focuses on industrial stocks. He has a post-graduate degree in finance and over ten years’ experience in the financial market. Before joining Market Realist, Anirudha worked for a leading investment research firm.
Southwest has budget-friendly fares. The company offered a blockbuster introductory fare when it announced the Hawaii expansion plans.
Boeing (BA) has pushed back the delivery of yet another variant of its ultra-long-range 777X jets, Reuters reported on August 14.
Daniel Loeb’s Third Point has reduced its stake in United Technologies. As per a regulatory filing, the fund sold 480,000 UTX shares in the second quarter.
Problems with 737 MAX planes have continued to impact Boeing’s commercial aircraft deliveries. Its commercial aircraft shipments plunged in July.
US airline stocks fell on Monday. The airline industry appears to be bearing the brunt of political unrest across the globe and trade war worries.
General Electric (GE) stock has been on a downward trajectory since the company reported its Q2 earnings on July 31.
The worldwide flying ban on Boeing’s 737 MAX planes has entered its sixth month, hurting every airline that either owns or has ordered the model.
Delta Air Lines (DAL) may be an interesting investment choice right now, given the many factors that could boost its stock price in the near term.
Boeing CEO Dennis Muilenburg expressed optimism over the 737 MAX’s Q4 return to service. Boeing plans to submit the MAX certification packages next month.
Southwest Airlines, American Airlines, and United Airlines own 72 Boeing (BA) 737 MAX planes. The airlines have already lost billions of dollars in foregone revenues.