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AAME News5 articles
Atlantic International Stock Soars on Dutch Contracts, Going-Concern Warning Looms
Atlantic International Corp. shares surged 202% after winning $430M in Dutch contracts, but a going-concern warning and thin margins highlight high risk.
Atlantic International Shares Skyrocket on Dutch Deal, Filing Reveals Deepening Losses
Atlantic International stock soared 155% after its Circle8 unit won a $52M Dutch government contract, but the company's latest filing reveals widening losses, heavy debt, and substantial doubt about its ability to continue.
United Airlines Expands Transatlantic Network with Longest 737 MAX 8 Route to Spain
United Airlines will begin nonstop Newark-Santiago de Compostela flights on May 27, using a Boeing 737 MAX 8, marking its longest narrowbody transatlantic route. The carrier also resumed Newark-Glasgow service earlier in May.
Delta Flight to Lagos Turns Back Over Atlantic After Eight Hours
Delta Flight 54 to Lagos was forced to return to Atlanta after nearly eight hours in the air due to an unspecified operational issue, leaving passengers back at their origin.
Norse Atlantic Axes LA Summer Routes Amid Fuel Price Surge, Seeks $180M Lifeline
Norse Atlantic Airways has scrapped its entire summer schedule from Los Angeles to European hubs, blaming a sharp rise in jet fuel prices. The airline simultaneously announced a $110 million rights issue and secured a $70 million bridge loan.