United Parcel Service — The stock continued lower Wednesday, one day after falling more than 8% on a disappointing 2024 revenue outlook and an announcement of 12,000 layoffs . Jim said, “I don’t know if [CEO] Carol Tome can keep the job.” The fact is, he added, e-commerce is very strong and “she’s not participating … Read more
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images Boeing on Wednesday is set to report fourth-quarter results and answer to investors eager to hear how a midair blowout on one of the plane maker’s new 737 Max 9s could reverberate through the aviation industry … Read more
JetBlue Airways swung to a loss in the fourth quarter and forecast lower capacity this year as it scrambles to return to profitability. The airline expects revenue to drop between 5% and 9% in the first three months of the year, more than the 5.5% decline Wall Street analysts were predicting. Capacity in the first … Read more
Net trust in Boeing dropped 12 percentage points among U.S. adults after a door panel blew off a Boeing 737 Max 9 jet on Jan. 5. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. … Read more
Southwest Airlines ranked as the second-best domestic airline, according to Bounce’s 2023 Airline Index. Aaronp/bauer-griffin | Gc Images | Getty Images Southwest Airlines has taken the Boeing 737 Max 7 out of its fleet plans as regulators haven’t yet certified the smallest model of the manufacturer’s bestselling plane. Southwest became the latest of the major … Read more
American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines. Shares of the company rose more than 10% on Thursday. Here’s how American performed in the fourth quarter of 2023 compared with Wall Street estimates compiled by LSEG, formerly … Read more
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Patrick T. Fallon | AFP | Getty Images Alaska Airlines said Thursday that the weekslong grounding of the Boeing 737 Max 9 will … Read more
Alaska Airlines N704AL is seen grounded in a hangar at Portland International Airport in Portland, Oregon, on Jan. 9, 2024. Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Wednesday halted Boeing‘s planned expansion of its 737 Max aircraft production, but it cleared a path for the manufacturer’s Max 9 to return to service … Read more
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019. Justin Sullivan | Getty Images United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration’s grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines … Read more
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019. Justin Sullivan | Getty Images United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration’s grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines … Read more
