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Boeing Stock Drops Nearly 8% In Premarket After Air India 787 Crash
Forbes· 2025-06-12 12:00
ToplineShares of Boeing slid sharply in premarket trading early on Thursday after a 787 plane operated by Air India crashed shortly after taking off in Western India, at a time the planemaker is attempting to rebuild trust in the safety of its jets after years of scrutiny following two deadly crashes in 2018 and 2019.Boeing's shares tanked after a Air India operated 787-8 crashed in Ahmedabad, India on Thursday.Copyright 2012 AP. All rights reserved.Key FactsBoeing’s share price fell to $196.85 in early tra ...
Air India Boeing 787 Dreamliner to London crashes after take off in India
CNBC Television· 2025-06-12 11:01
just happening an Air India or recently a plane has crashed in the western city of Metab India's chairman saying on X uh that flight 171 on the way to London's Gatwick airport was involved in that tragic accident say the plane crashed in a a civilian area outside the airport about 242 passengers on board according to flight radar 24 the aircraft was a Boeing 787 uh 8 Dreamliner delivered to Air India about 11 years ago. In a statement, Boeing says it's aware of the initial reports working to gather more inf ...
Wall Street Breakfast Podcast: Boeing Tumbles On Reports Of Air India Crash
Seeking Alpha· 2025-06-12 11:00
Abdul Munaff Listen below or on the go on Apple Podcasts and Spotify Air India Boeing (BA) jet crashes shortly after takeoff. (00:20) Nvidia (NVDA) and Samsung (OTCPK:SSNLF) to take minority stakes in robotics startup Skild AI - report. (01:05) Chime Financial (CHYM) prices IPO at $27, above expected band, raising $864M. (01:47) This is an abridged transcript. We begin the show this morning with a developing story out of India. An Air India flight bound for the U.K. crashed shortly after taking off i ...
London-bound Air India plane crashes near an Airport in India
NBC News· 2025-06-12 10:55
So here's what we know about the Air India AI171 that crashed in India upon departure today. This was a Boeing 7878 Dreamlininer and according to the website Flight Radar, it reached the altitude of 625 ft before losing signal. According to authorities, there were 242 people on board.Of those 242, 10 were cabin crew, two of them were pilots. Now, in the last few moments, we've received confirmation by Air India that on board were 53 UK nationals, one Canadian, seven Portuguese, and the rest 169 were Indian ...
LATAM Airlines May 2025 Traffic Improves Year Over Year
ZACKS· 2025-06-11 17:40
Company Performance - LATAM Airlines Group reported a year-over-year increase in revenue passenger-kilometers (RPK) for May 2025 [1] - LATAM Airlines experienced a 7.2% year-over-year increase in consolidated capacity, measured in available seat-kilometers (ASK), driven by a 13% increase in Brazil's domestic capacity [2][10] - The consolidated traffic for LATAM Airlines increased by 9.6% year over year, leading to a consolidated load factor rise of 1.8 percentage points to 83.1% in May 2025 [3][10] Industry Comparison - Other airlines, such as Ryanair and Volaris, also reported traffic increases for May 2025, indicating a positive trend in air travel demand [4][8] - Ryanair transported 19.6 million passengers in May 2025, reflecting a 4% year-over-year increase, with a load factor of 95% [5][6] - Volaris reported a 9% year-over-year increase in consolidated capacity, with a 4.2% increase in passengers transported, although its load factor decreased by 4.3 percentage points to 81.8% [9]
Wall Street Analysts Think Copa Holdings (CPA) Could Surge 42.18%: Read This Before Placing a Bet
ZACKS· 2025-06-11 15:00
Group 1 - Copa Holdings (CPA) shares have increased by 5.4% over the past four weeks, closing at $107.42, with a mean price target of $152.73 indicating a potential upside of 42.2% [1] - The mean estimate consists of 11 short-term price targets with a standard deviation of $19.78, where the lowest estimate of $125 suggests a 16.4% increase, and the highest estimate of $190 indicates a 76.9% surge [2] - Analysts show a strong consensus that CPA will report better earnings than previously estimated, which is a positive indicator for potential stock upside [4][11] Group 2 - The Zacks Consensus Estimate for CPA has increased by 1.9% due to three upward revisions in earnings estimates over the last 30 days, with no negative revisions [12] - CPA holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [13] - While price targets can be misleading, the direction indicated by the consensus price target may serve as a useful guide for potential price movements [10][11]
FBI: Man called in a bomb threat on the Spirit Airlines flight he missed
NBC News· 2025-06-11 05:22
Spirit Airlines flight 2145 to Los Angeles on Thursday stopped and held on the runway after a caller phoned in a bomb threat. Everyone on board removed from the plane and screened on the runway by TSA dogs. But within just a few hours, the FBI said they had their suspect, 23-year-old John Charles Robinson, who allegedly admitted to calling in the threat after arriving too late for the flight and telling the Spirit Airlines rep on the phone, there's going to be someone that's going to try to blow up that fli ...
FBI: Passenger who missed Spirit Airlines flight called in bomb threat
NBC News· 2025-06-11 00:00
It happened at Detroit Metropolitan Airport. We have a situation. So, we unfortunately are going to have to deboard this aircraft and everybody's going to have to be rescreened.Spirit Airlines flight 2145 to Los Angeles on Thursday, stopped and held on the runway after a caller phoned in a bomb threat. If you cooperate with me, which I greatly appreciate if you could, I will get this done as quick as I can for you. Everyone on board removed from the plane and screened on the runway by TSA dogs.But within ju ...
聚焦图表:国际航空运力
Morgan Stanley· 2025-06-10 10:50
Investment Rating - The industry investment rating is "In-Line" [5][10]. Core Insights - China's total absolute non-domestic Available Seat Kilometers (ASK) was 76% of 2019's level as of June 9, 2025, reflecting a 12% year-over-year increase but a slight decrease of 1% week-over-week [10]. - Excluding US routes, the recovery of China's absolute non-domestic ASK reached 86% of 2019's level [10]. - Capacity additions were noted on Hong Kong (+2%) and US (+1%) routes, while reductions occurred on Macau (-1%) and Korea (-1%) routes [10]. - Significant year-over-year increases in ASK were observed for Japan (+35%), Korea (+25%), Hong Kong (+17%), and US (+13%) routes, while Macau (-15%) and Thailand (-31%) saw decreases [10]. - Seat capacity for Japan, Thailand, and Korea routes reached 106%, 47%, and 94% of 2019 levels, respectively, while US routes were at 29% [10]. Summary by Relevant Sections International Air Capacity - Non-domestic ASK was 76% of 2019's level as of June 9, 2025, compared to 77% the previous week [2]. - Total seat capacity has recovered to approximately 80% of 2019's level [5]. Capacity Recovery - The report highlights that total absolute non-domestic ASK was -1% week-over-week and +12% year-over-year [10]. - Specific route recoveries include Japan at 106%, Korea at 94%, and US routes at 29% of 2019 levels [10]. Company Ratings - Air China Limited (601111.SS) rated Equal-weight, Air China Limited (0753.HK) rated Overweight [62]. - Cathay Pacific Airways (0293.HK) rated Equal-weight, China Eastern Airlines (600115.SS) rated Equal-weight [62]. - China Southern Airlines (600029.SS) rated Equal-weight, COSCO SHIPPING Energy Transportation (1138.HK) rated Overweight [62].
United Airlines Stock Up 4.83% on Friday's Trading: Here's Why
ZACKS· 2025-06-09 17:01
Core Insights - United Airlines Holdings, Inc. (UAL) shares rose by 4.83% to $84.23 on June 6, 2025, following the announcement of a collaboration with Spotify Technology S.A. [1][8] Collaboration with Spotify - UAL will offer Spotify's video and audio podcasts, audiobooks, and curated playlists for free on over 680 aircraft, enhancing the in-flight experience with new 4K, Bluetooth-enabled seatback screens [2][3][8] - This partnership marks the first time Spotify has provided in-flight audiobooks and video podcasts, allowing UAL passengers access to over 65 pieces of content [3] Future Developments - In 2026, UAL passengers may log into the Spotify app on in-flight entertainment screens to access personalized content [4] Additional Initiatives - UAL's MileagePlus CEO highlighted the partnership's potential to enhance customer experience at high altitudes, offering 1,000 bonus miles to new Spotify Premium subscribers [5] - UAL and JetBlue Airways launched a loyalty partnership called "Blue Sky," allowing passengers to earn and redeem loyalty points across both airlines, with shared access to preferred seating and simplified booking [6]