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US Global Jets ETF
(NY:
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Updated: 8:00 PM EDT, Nov 1, 2024
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DOJ, DOT Open Inquiry Into Airline Competition Amid Rising Concerns
October 26, 2024
The U.S. Justice Department's Antitrust Division and the Department of Transportation announced on Thursday they have opened a broad public inquiry into the state of competition in air travel on topics...
Via
Benzinga
JETS ETF Takes Flight While Delta, Southwest Face Turbulence: What's Next For Airline Stocks?
October 25, 2024
U.S. Global Jets ETF is up 51.65% fueled by top holdings Delta and Southwest. Golden Cross suggests more upside, but challenges loom.
Via
Benzinga
Topics
ETFs
What's Going On With Spirit Airlines Stock Friday?
October 25, 2024
Spirit Airlines shares are up following a $519 million aircraft sale announcement and improved liquidity estimates, despite facing ongoing financial challenges.
Via
Benzinga
Southwest's Sustainable Fuel Push: Deal With Valero Set To Fuel Chicago Midway Operations
October 17, 2024
Southwest Airlines enters SAF supply agreement with Valero. Southwest will purchase a minimum of 3.6 million gallons of neat SAF for use in its operations as early as Q4 2024.
Via
Benzinga
Airline Stocks In A Holding Pattern
July 08, 2024
While air travel trends have returned to and even exceeded their normal historical range, airline stocks have a way to go before recovering.
Via
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Spirit Airlines Struggles To Regain Altitude As Competitors Soar, Bankruptcy Concerns Intensify
October 17, 2024
Spirit Airlines (SAVE) is struggling with financial troubles and fast-tracking the retirement of its Airbus A319 fleet, raising concerns for investors about a potential bankruptcy as competitors in the...
Via
Benzinga
Topics
Bankruptcy
Retirement
Exposures
Financial
Legal
Pension
Tech Stocks Stall, Small Caps Surge As Regional Banks Rally, Airlines Rocket: What's Driving Markets Wednesday?
October 16, 2024
Small-cap stocks outperformed large caps in Wednesday's session, with the Russell 2000 Index surging to test July 2024 highs on the back of expectations for interest rate cuts and a strong rally in...
Via
Benzinga
United Airlines Q3 Earnings Preview: Hurricane Impacts, International Expansion, And Margin Focus
October 14, 2024
United Airlines third quarter financial results come Tuesday Oct. 15 and could provide a look at the impact from Hurricane Milton flight cancellations.
Via
Benzinga
United Airlines Takes Flight With Global Expansion: New Routes To Spain, Italy, And More
October 10, 2024
United Airlines plans to launch 8 new international routes in its largest expansion ever. Earnings report expected next week.
Via
Benzinga
Hurricane Milton Closes Multiple Florida Airports, Over 3,000 Flights Canceled And Delayed: 10 Airline Stocks That Could Be Hit Hardest
October 10, 2024
Hurricane Milton has wreaked havoc on the state of Florida and closed multiple airports in the region, leading to thousands of flight cancellations due to the hurricane.
Via
Benzinga
5 Sector ETFs That Gained In Double Digits In September
September 28, 2024
With only a few days left, September, known for being a weak month for markets, is on track to wrap up as a positive month. Rate-cut optimism buoyed the stock market in the final weeks. Here is a look...
Via
Talk Markets
Topics
ETFs
What's Going On With American Airlines Stock On Friday?
September 20, 2024
American Airlines reportedly negotiates with Citigroup to become its exclusive credit card partner, potentially ending ties with Barclays.
Via
Benzinga
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Exposures
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The “Return Of Inflation” And How To Profit From It
September 12, 2024
Today we’re going to look at how crude oil, Texas tea, impacts that same inflation data. What’s more, we’ll look at my charts and see what we might expect if oil prices bounce from today’s levels and...
Via
Talk Markets
Topics
Economy
Exposures
Fossil Fuels
Interest Rates
Wall Street Rallies After Last Week's Sell-Off, Palantir Soars On S&P 500 Inclusion, Airlines Rally: What's Driving Markets Monday?
September 09, 2024
U.S. stocks started the new week with strong gains, as all major indices and sectors in the S&P 500 were in the green by midday in New York. This comes after Wall Street experienced its worst week of...
Via
Benzinga
Topics
Stocks
Exposures
US Equities
What's Going On With Southwest Airlines Stock Premarket Wednesday?
September 04, 2024
Southwest Airlines reports strong summer travel with no cancellations on Labor Day, carrying a record 54 million customers on over 414,000 flights.
Via
Benzinga
Elliott Management Raises Stakes On Online Dating, E-Commerce, Airline Bets: What Investors Should Know
August 15, 2024
Elliott Management increased positions in online dating, ecommerce and airline stocks in the second quarter. A look at the stocks bought.
Via
Benzinga
Southwest Airlines Braces For Boardroom Battle As Elliott Nominates Ten Independent Candidates: Details
August 14, 2024
Elliott Investment Management, which holds roughly an 11% economic stake in Southwest Airlines, announced yesterday its plan to nominate ten independent and highly qualified candidates for the...
Via
Benzinga
Delta Bleeds Money After Tech Disaster, Pursues Legal Claims Against CrowdStrike And Microsoft
August 09, 2024
Delta Air Lines reports $380 million impact on revenue and $170 million in expenses from CrowdStrike outage, plans to sue for $500 million in damages.
Via
Benzinga
Stranded And Outraged: Delta Passengers File Class Action Lawsuit Over Meager Refunds
August 08, 2024
Delta Air Lines faces lawsuit for not issuing full refunds to passengers after major computer outage caused flight delays and cancellations.
Via
Benzinga
Topics
Lawsuit
Exposures
Financial
Legal
Fed's Favorite Inflation Gauge Falls To 2.5%, Lowest Since February 2021, But Core Remains Sticky: 10 ETFs To Monitor Thursday
July 26, 2024
The latest Fed's favorite inflation report, unveiled Friday by the Bureau of Economic Analysis, showed mixed results for market participants.
Via
Benzinga
Topics
ETFs
Economy
Exposures
Interest Rates
Investors Are Betting Against Inflation And For Recovery
July 25, 2024
Industrials, energy, and financials all outperformed but gold and (surprise) tech stocks took a beating.
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
American Airlines, Southwest Airlines Q2 Earnings Previews: Will They Address The Microsoft Outage Fallout?
July 24, 2024
A look at American Airlines and Southwest Airlines ahead of second quarter financial results.
Via
Benzinga
What's Going On With Delta Air Shares After Pausing Global Flight Schedule?
July 19, 2024
Delta Air Lines faces marginal share decline after pausing global flights due to a vendor tech issue, impacting operations worldwide.
Via
Benzinga
What's Going On With American Airlines Stock Today?
July 19, 2024
American Airlines reported communication problem. Microsoft's cloud outage affected operations of multiple airlines.
Via
Benzinga
Airline Giant Beats EPS Expectations, Signals Capacity Cuts
July 18, 2024
United Airlines beat adjusted EPS estimates handily, but missed on revenue. It issued lower Q3 guidance, and intends to decrease capacity in the quarter.
Via
MarketBeat
Topics
ETFs
Southwest Pilots Failed To Review Runway Closure Notice Before Takeoff, Preliminary Investigation Report Says
July 16, 2024
In June, a Southwest Airlines Co. (NYSE: LUV) flight took off from a closed runway, sparking investigations from U.S. safety officials. The crew missed a crucial notice about the runway closure,...
Via
Benzinga
What's Going On With United Airlines' Shares On Wednesday?
July 03, 2024
United Airlines introduced a new feature to enhance customer communication during weather delays by texting customers.
Via
Benzinga
Alaska Airlines Flight Attendants Secure Pay Bump, 32% Raise Goes To Vote
July 03, 2024
Alaska Air reached a deal that includes significant holiday and overtime pay improvements for flight attendants.
Via
Benzinga
Southwest Airlines Faces Scrutiny Over Recent Closed Runway Takeoff: Report
June 28, 2024
Southwest Airlines is reportedly under NTSB and FAA investigation after Flight 4805 allegedly took off from a closed runway in Portland, Maine, heading to Baltimore. The jet incident involved an...
Via
Benzinga
The Only Stock That Matters… And The Only Sector That Counts
June 24, 2024
The S&P 500 had trouble lifting off today, courtesy of a thousand-pound weight: NVDA. Today’s price action shows once again that this is the stock. Nine other sectors actually finished higher for the...
Via
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