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Fuel Prices Are Soaring: Who Is Feeling the Pinch?
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link
American Airlines Fined $4.1 Million for Keeping Fliers on Planes Too Long
The U.S. penalty is the largest ever for tarmac delays, which the airline attributed to “exceptional weather events.” Source link
Sweltering Planes. Baking Runways. How This Heat Is Testing Summer Travel.
The high temperatures that have engulfed swaths of the U.S. in recent weeks are creating fresh challenges for airlines amid the hectic summer travel season.
United Airlines Scaling Back Flights at Newark Airport
The carrier is reassessing Newark, N.J., operations after June flight cancellations, while United and American boosted their profit forecasts as summer travel booms. Source link
United Airlines Triples Second-Quarter Profit
The carrier lifted its earnings outlook on increased passenger volumes, and its CEO vowed to make changes after late-June disruptions. Source link
United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
The pact follows agreements at Delta and American that included significant raises for pilots. Source link
Unusual Call Option Trade in American Airlines Group (AAL) Worth $235.20K
On March 29, 2023 at 10:28:21 ET an unusually large $235.20K block of Call contracts in American Airlines Group (AAL) was sold, with a strike
Noteworthy Tuesday Option Activity: OXY, AAL, AMGN
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Occidental Petroleum Corp (Symbol: OXY), where a
Unusual Put Option Trade in American Airlines Group (AAL) Worth $240.00K
On March 27, 2023 at 11:34:25 ET an unusually large $240.00K block of Put contracts in American Airlines Group (AAL) was sold, with a strike
American Airlines to Temporarily Suspend Route Due to Boeing Dreamliner Delays
WSJ News Exclusive Business Airline says it will halt Philadelphia-Madrid route for several weeks in May and early June Source link