Airlines boost outlooks despite higher fuel costs as travel demand surges. Some stocks look attractive, but analysts remain mixed on which carriers to buy.
Trying to get away for spring break? It’s not too late to plan your getaway vacation. Airports in San Luis Obispo, Santa Maria and Santa Barbara offer a variety of flights to vacation destinations ...
Allegiant Air and Sun Country Airlines have received antitrust clearance for a merger from the U.S. Department of Justice ...
Airline executives said the war in Iran had raised fuel costs and, as a result, fares, but that had not yet hurt demand for ...
U.S. airline stocks came under heavy selling pressure as the escalating conflict in the Middle East sent oil prices surging, driving up jet fuel costs and triggering widespread operational challenges.
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Allegiant-Sun Country's $1.5B deal gains US antitrust clearance
Allegiant Travel Company (ALGT) announced that it has received the U.S. antitrust clearance in relation to its prior announced acquisition deal with Sun Country Airlines (SNCY). Winning the antitrust ...
Allegiant Travel said demand has outperformed expectations in the first quarter, prompting the airline to forecast record revenue for the period. The airline also said Tuesday that fuel prices have ...
The US Department of Justice has granted antitrust clearance for Allegiant Travel's acquisition of Sun Country Airlines, allowing the discount carriers to advance their $850 million combination ahead ...
Airline stocks have come under pressure lately as escalating disruptions in the Middle East and rising fuel costs weigh on investor sentiment, pushing many carriers sharply lower over the past month.
Global airlines face profit pressure as Middle East conflict drives up fuel costs. This impacts operating expenses and travel ...
American travelers will soon face higher airfares, United Airlines CEO Scott Kirby said at an event Thursday, as jet fuel prices spike in the wake of U.S. airstrikes on Iran. Scott Kirby, CEO of ...
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