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Tag Archives: airlines

U.S. stock indexes wobble to a mixed finish

NEW YORK (AP) — U.S. stocks hardly budged Thursday and finished with a mix of small gains and losses. Banks and airlines rose on strong first-quarter reports, while consumer products companies struggled. The market wavered throughout the day. Stocks are coming off two big gains in a row and are trading at their highest levels of the year. “People are ...

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Low oil, high travel demand to boost airline profits next year – IATA

GENEVA – Low oil prices and healthy demand for travel, despite recent terror attacks hurting some destinations, will boost airline profits again in 2016, the International Air Transport Association (IATA) said on Thursday. IATA, which represents almost 260 airlines accounting for 83 percent of global air traffic, said net profit would reach record levels of $36.3 billion, after $33 billion ...

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Southwest Airlines saw ‘unusual’ discounting by rivals in November: CEO

NEW YORK – Southwest Airlines Co <LUV.N> saw a lot of “unusual” discounting by larger U.S. rivals after bookings were lower than expected for last-minute travel around Thanksgiving, Chief Executive Gary Kelly told reporters in New York Thursday. The cheaper fares prompted the budget airline on Tuesday to lower its forecast for revenue per available seat mile in the fourth ...

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Airline boardings continue to increase in ND

airplane

BISMARCK, N.D. (AP) – Passenger boardings at North Dakota’s eight commercial airports in January rose more than 9 percent over the year. The state Aeronautics Commission says 96,382 people boarded planes in Bismarck, Fargo, Grand Forks, Minot, Dickinson, Williston, Devils Lake and Jamestown. Dickinson saw the biggest over-the-year growth, of 177 percent. Fargo had the largest increase in actual passengers, ...

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