Leslie Josephs’s Posts

Big retailers like Target and Walmart posted strong earnings, but weak spots persist. Concerns about slowing global growth amid trade tensions continue to cloud the outlook.

In case the suites and lobster at the front of the plane didn’t give it away, a new ranking shows how high-paying travelers rule the skies.

Southwest Airlines is expanding its footprint in Hawaii as the carrier grapples with the fallout from the grounded Boeing 737 by courting tourists with low fares from the West Coast.

American Airlines has accused the unions representing its mechanics of a purposeful work slowdown to win leverage in contract talks, which has led to more than 900 flight cancellations over the last two months. Now it wants compensation from the unions.

Boeing on Thursday said it will take a $4.9 billion charge in the second quarter due to the worldwide grounding of its 737 Max planes after two fatal crashes that killed 346 people.

Ryanair CEO Michael O’Leary warned on Monday that the prolonged grounding of the Boeing 737 Max could lead to job cuts and slash the low-cost airline’s growth prospects next year.

American Airlines skidded more than 5% Thursday after the nation’s largest airline said it took a hit from the prolonged grounding of the Boeing 737 MAX.

Boeing is testing software changes to bring its best-selling 737 Max planes back to the skies after two fatal crashes but said the timing of when that would happen is still unclear, the company said.

Boeing shares slid Monday after Fitch Ratings issued a negative outlook for the maker of the 737 Max, as the fallout from two fatal crashes of the planes continue to pile up on the manufacturer.

Southwest joins American and United in taking the planes out of schedules through early November.

A man whose family was killed in the crash of a Boeing 737 Max in Ethiopia in March slammed the manufacturer and told lawmakers at a congressional hearing Wednesday to scrutinize the Federal Aviation Administration, which approved the now-grounded planes two years ago.

The Boeing 737 Max grounding is starting to affect pilot hiring as the planes remain out of the skies for a fifth month.

Delta posted record revenue of $12.5 billion and per-share profits of $2.35 in the second quarter.

The airline is benefiting as its competitors grapple with the grounded Boeing 737 Max, which Delta’s doesn’t fly.

The grounding of Boeing 737 Max jets has forced American Airlines to cancel thousands of flights, costing the Fort Worth-based airline about $185 million in pre-tax income in the last quarter, the carrier said Wednesday.

U.S. airlines will detail for investors this month how the worldwide grounding of the Boeing 737 Max — now about to enter its fifth month — is impacting their financial results during the busiest time of the year for the industry.