All three major U.S. stock indexes burst. On the heels of the Labor Department’s highly anticipated Consumer Prices (CPI) data. The Nasdaq Composite was last in positive territory. While the S&P 500 was essentially unchanged. The Dow Jones was modestly red. Wall Street stocks changed on Wednesday as financial backers processed areas of strength shockingly … Read more
Airbus posts flat first-half deliveries as it struggles to convert production plans into handovers. The world’s largest planemaker said it delivered 60 commercial airplanes in June. The total for the year so far is 297, unchanged from the halfway point last year. Delta Air Lines topped up a fleet of A330neo jets with one extra … Read more
Delta Air Lines supplies an upbeat outlook for the summer journey season on Wednesday, saying robust demand is presenting enough costing strength to make up for hovering gasoline rates. Shares gone up at the file and outlook, with Delta reporting a smaller than expected loss within the first region, even because it contended with a … Read more
NEW YORK: American Airlines reported another quarterly loss Thursday after the latest Covid-19 surge dented demand at the end of the year, but said consumers were booking more trips for the spring. The big US carrier echoed rivals Delta Air Lines and United Airlines in citing the Omicron wave of Covid-19 as a recent drag … Read more
CEO Ed Bastian of Delta Air Lines stated that the airline will start charging unvaccinated employees $200 each month from November to cover the cost of care if they catch Covid-19. He stated in a message to the workers of the airline that “This surcharge will be necessary to address the financial risk the decision … Read more
