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Airline profits lag even as travel demand breaks records

by Franz Hernandez
Airline profits lag even as travel demand breaks records

Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have …

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Investors are hoping Big Tech earnings next week could revive a flagging bull market

by Walter Watson
Investors are hoping Big Tech earnings next week could revive a flagging bull market

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Next week will spotlight the bulk …

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Denver-Boulder area benefits from burgeoning aerospace industry

by Anas Siddiqui
Denver-Boulder area benefits from burgeoning aerospace industry

These giant white structures called radomes at Buckley Space Force Base in Colorado house massive satellite dishes. CNBC This story is part of CNBC’s quarterly Cities of Success series, which …

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Spirit Airlines will defer Airbus orders, furlough 260 pilots

by Franz Hernandez
Spirit Airlines will defer Airbus orders, furlough 260 pilots

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines said …

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JetBlue cuts routes spanning LAX, South America

by Franz Hernandez
JetBlue cuts routes spanning LAX, South America

A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan. 31, 2024. Joe Raedle | Getty Images JetBlue Airways told …

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JetBlue-Spirit Airlines merger called off

by Anas Siddiqui
JetBlue-Spirit Airlines merger called off

A JetBlue Airways plane sits on the tarmac at the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways and …

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Best trade historically has been to buy the stock kicked out of the Dow

by Walter Watson
Best trade historically has been to buy the stock kicked out of the Dow

If history is any guide, Walgreens Boots Alliance may fare better after getting tossed from the Dow Jones Industrial Average . Amazon replaced Walgreens on Monday, marking the first change …

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Airfare is down, but here’s why that may not last for long

by Anas Siddiqui
Airfare is down, but here’s why that may not last for long

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC Airfare fell 6.4% in January from a year earlier, the Labor Department said in its …

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Spirit Airlines (SAVE) Q4 2023 earnings

by Anas Siddiqui
Spirit Airlines (SAVE) Q4 2023 earnings

A Spirit Airlines plane awaits takeoff at LaGuardia Airport in New York Leslie Josephs/CNBC Spirit Airlines‘ fourth-quarter loss narrowed to nearly $184 million, but its CEO said the carrier is …

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The S&P 500 tops a record high that ‘clears the charts’ of resistance

by Walter Watson
The S&P 500 tops a record high that ‘clears the charts’ of resistance

The S & P 500 surged to a new all-time high on Friday, confirming the stock market is in a bull market and suggesting the rally has further to go …

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