Nov. 28, 2014, 10:05 AM
- Global airline carriers rip gains after OPEC decides to hold production levels steady to spark another drop in crude oil prices.
- As a group, airliners are poised to have their biggest up day of the year.
- Gainers: China Eastern Airlines (CEA +5.8%), Delta Air Lines (DAL +5.3%), China Southern Airlines (ZNH +5.5%), Air China (OTCPK:AIRYY +6%), Cathay Pacific (OTCPK:CPCAY) +6.7%, Air-France KLM (OTCQX:AFLYY) +8.5%, Deutsche Lufthansa (OTCQX:DLAKY) +5.9%, Singapore Airlines (OTCPK:SINGY) +4.8%, Gol Linhas (GOL +5.9%), Copa Holdings (CPA +3.2%), LATAM Airlines Group (LFL +3.2%), Air Canada (OTC:AIDFF) +8.9%
May 13, 2013, 7:08 AMGlobal airline stocks trade weak in European markets after concerns about a new virus intensify. The novel coronavirus infection has killed over 34 people and can be transmitted between humans, according to the World Health Organization. On watch: Delta Air Lines (DAL), United Continental (UAL), China Eastern Airlines (CEA), China Southern Airlines (ZNH), Copa Holdings (CPA), Gol Linhas (GOL), Latam Airlines (LFL), Air France-KLM (AFLYY.PK), Deutsche Lufthansa (DLAKY.PK) | May 13, 2013, 7:08 AM
Mar. 8, 2012, 6:49 AM
Air France-KLM (AFLYY.PK) lost €809M ($1.06B) during 2011 due to high fuel prices and reduced fares, blowing through the estimate by analysts for a loss of €669M by the carrier. The company will only lift capacity by at most 2% and reign in spending over the next 3 years, according to execs. Shares +0.9% in Paris trading, -63% over 52-weeks.| Mar. 8, 2012, 6:49 AM
Oct. 27, 2011, 2:08 PM
May 23, 2011, 5:16 AM
Airline stocks are falling in Europe as Iceland's recent volcanic eruption threatens to send an ash cloud into U.K. airspace by tomorrow. At present, the only airspace closures expected are in Iceland. In European trading, Easyjet -4.9%, Ryanair -5.3%, Air France -3.3%, Deutsche Lufthansa -3.7%. (previously)| May 23, 2011, 5:16 AM