Low Cost Airlines – The News Desk

Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend

24Dec

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Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend

Updated Dec. 24, 2023 6:48 pm ETAn overall smooth weekend of holiday travel ran into a hiccup as dense fog made it harder for flights to reach Chicago’s Midway International Airport before Christmas Eve. Southwest Airlines accounts for over 90% of Midway’s passengers and was the hardest hit as the Federal Aviation Administration stopped or slowed Midway-bound flights Saturday night and throughout much of Sunday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Score: Spotify Technology, CVS Health, Alphabet and More Stocks That Defined the Week

9Dec

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Money

The Score: Spotify Technology, CVS Health, Alphabet and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week’s news.

JetBlue Airways Lifts 4Q Forecasts on Strong Holiday-Travel Demand

7Dec

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JetBlue Airways Lifts 4Q Forecasts on Strong Holiday-Travel Demand

JetBlue Airways lifted its outlook for fourth-quarter sales, saying that demand for travel is holding up and bookings have accelerated into the holidays.The airline is forecasting a 4% to 7% drop in fourth-quarter sales from a year ago, compared with a previous forecast for a sales decline of 6.5% to 10.5%. For the full year, JetBlue is targeting sales growth of 4% to 5%, compared with a prior outlook of 3% to 5% growth.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Ryanair to Pay Dividend in 2024 After Profit Soared

6Nov

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Ryanair to Pay Dividend in 2024 After Profit Soared

Updated Nov. 6, 2023 2:11 am ETRyanair Holdings said it will pay out a dividend of 400 million euros ($429.3 million) in 2024 after net profit in the first half of its fiscal year soared on traffic that grew 11%.The Irish low-cost carrier said it will pay an interim and a final dividend of EUR200 million in February and in September, respectively.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Score: Six Flags, Apple, WeWork and More Stocks That Defined the Week

3Nov

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Money

The Score: Six Flags, Apple, WeWork and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week’s news.

easyJet to Reinstate Dividends After 4Q Pretax Profit Increase

12Oct

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easyJet to Reinstate Dividends After 4Q Pretax Profit Increase

Criminal Gangs Exploit Security Gaps to Infiltrate Airports

3Oct

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World

Criminal Gangs Exploit Security Gaps to Infiltrate Airports

Postpandemic hiring spree leaves airports vulnerable as new staff gain access to secure areasA CCTV still from Miami International Airport shows a worker allegedly involved in the March theft of $1.2 million of Samsung devices. His lawyer declined to comment. Miami-Dade State Attorney’s Office

Mexico's Air-Safety Rating Returns to Category 1

15Sep

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Mexico's Air-Safety Rating Returns to Category 1

Mexican carriers such as Aeromexico and Volaris will be able to compete for the U.S. market on a level playing field following the FAA’s safety-rating upgrade.

13Sep

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World

Auto & Transport Roundup: Market Talk

Find insights on what fuel prices are doing to airlines’ profits, travel demand, and more in the latest Market Talks covering the Auto and Transport sector.