Big Gainers: LNN, AMR, NVO Wednesday, October 20, 5:09 PM ET, by Market News Video Staff Shares of Lindsay Corporation (LNN) are trading higher on Wednesday on news that earnings beat ...
Boeing Says Air Cargo Traffic to Triple by 2029 Tuesday, November 2, 10:58 AM ET, by Market News Video Staff Boeing (BA) announced today that it expects global air cargo traffic to triple by 2029, ...
Airline Stocks Trend Higher Wednesday, November 3, 11:45 AM ET, by Market News Video Staff Airline stocks are trending higher today after Standard & Poors hiked American Airlines parent AMRs ...
American Airlines Traffic Rises in October: AMR Thursday, November 4, 10:55 AM ET, by Market News Video Staff American Airlines parent AMR Group (AMR) said late yesterday traffic at the airline rose 5.2% ...
By Market News Video Staff, Wednesday, November 3, 11:45 AM ET
Airline stocks are trending higher today after Standard & Poor’s hiked American Airlines parent AMR’s (AMR) credit rating outlook to “stable.” AMR shares are trading up 5.1%.
Also today, US Airways (NYSE:LCC) posted a 6.9% increase in traffic, although it saw slower unit revenue growth.
Delta Air Lines (NYSE:DAL) flight attendants vote today on unionization.
The Guggenheim Airline ETF (AMEX:FAA) is trading down 0.21% Wednesday. American Airlines makes up 3.72% of its portfolio, while US Airways is 3.9%, and Delta is 14.84%. Its largest holding is United Continental (NYSE:UAL), at 18.83%.
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