AIRT
NASDAQ · Logistics & Transportation
Air T Inc
$26.50
+2.89 (+12.24%)
AIRT News30 articles
Swiss Carrier Air Mountain Declares Bankruptcy, Wipes Out Over 30 Weekly Flights
Air Mountain has been declared bankrupt by the Sion court, grounding its two Beechcraft King Air B200s and eliminating over 30 weekly flights from Switzerland.
American Airlines stock surpasses analyst target as jet fuel costs slide
American Airlines stock climbed to $17.92, exceeding its average analyst target, as falling jet fuel prices provide a tailwind. The airline's fuel sensitivity means every $1/gallon change impacts annual costs by $4.5 billion.
JetBlue Drone Strike Near JFK Intensifies Airspace Safety Concerns
A JetBlue flight reported a drone strike at 3,000 feet near JFK, the second incident in days. No damage was found, but the event underscores growing airspace risks.
Surf Air Mobility Soars on Palantir Deal, Dilution Concerns Loom
Surf Air Mobility shares jumped 17.5% after Palantir expanded their SurfOS partnership, but heavy trading volume and dilution from a stock-for-services deal are key concerns.
Southwest Airlines Trims St. Louis Routes, Shifts Focus to Higher-Yield Markets
Southwest Airlines is cutting seven St. Louis route pairs for Q3 2026, trimming local seats by 8% and reducing airport share to 61% as part of a broader strategy to enhance unit revenue.
American Airlines Rises on Fuel Cost Relief and Strong Holiday Travel Demand
AAL shares rise 1.8% as Brent crude plunges 22% in June, easing fuel costs ahead of a record July 4 travel period, though debt and capacity concerns linger.
American Airlines Soars on Jet Fuel Price Drop Ahead of Q2 Data
American Airlines shares jumped 11.8% last week as jet fuel prices dropped to $2.80/gallon, far below the company's Q2 planning assumption of $4.00, raising optimism for a stronger earnings report.
American Airlines Surges Past Analyst Targets as Fuel Costs Ease
American Airlines (AAL) surged past analyst targets as falling fuel prices could boost EPS by up to 50%, but the market has already priced in much of the benefit.
American Airlines Stock Soars 8% as Fuel Costs Drop Below Key Assumptions
American Airlines stock jumped 8% after jet fuel prices dropped to $2.83/gallon, far below its $4 guidance assumption, implying $1.25 billion in quarterly pretax savings.
UK Car Insurance Premiums Edge Up as Repair Costs Squeeze Insurer Margins
UK car insurance premiums rose 1% to £719 in Q1, the first quarterly increase in over two years, but repair cost inflation pressures margins for Admiral, Aviva, and Sabre.
Hormuz Oil Flows Near Pre-War Level, Airlines Surge on Lower Fuel Costs
Brent crude futures entered prompt oversupply as Gulf oil flows through Hormuz approach pre-war levels, boosting airline stocks up to 7% while tanker rates spike.
Oil Glut Fears Ease as Strait Traffic Jumps; Airlines Surge
A surge in tanker flows at the Strait of Hormuz pushes Brent crude toward a temporary glut, boosting US airline stocks. Markets also react to PMI data and Fed policy cues.
Absci Surges on Positive Phase 1 Data for Hair Loss Drug and $100M Capital Raise
Absci shares soared 35% to $10.01 after early Phase 1 safety data for its hair-loss antibody ABS-201 showed no serious adverse events, and the company raised $100 million in a stock offering.
American Airlines Shares Hinge on Fuel-Led Guidance Boost as Rivals Outperform
American Airlines stock trades near its average analyst target, with investors seeking stronger earnings guidance as lower jet fuel costs fail to lift shares as much as rivals.
American Airlines Edges Up as Jet Fuel Plunges; Safety Probe Looms
American Airlines shares gained 0.56% to $16.08 as a sharp drop in jet-fuel prices could cut industry fuel costs by over $40 billion, but a safety probe into a Boston near-miss adds uncertainty.
Allegiant Air Cuts 61 Routes, Shifts to Shorter Flights Amid High Fuel Costs
Allegiant Air is cutting 61 routes and reducing Q2 capacity by 6.5% as fuel costs rise to $4.35/gallon, shifting focus to shorter, more profitable flights. Shares rose 2.1% to $102.89.
American Airlines Shares Rise on Falling Fuel Costs Amid Margin Focus
American Airlines shares rose 3.6% in pre-market trading as lower oil prices from U.S.-Iran talks cut jet fuel costs, boosting margin hopes. The airline's earnings are highly sensitive to fuel price changes.
American Airlines Rides Fuel Relief to Weekly Gain; Analyst Views Split
American Airlines shares rose 6.7% in a shortened holiday week as lower jet fuel prices boosted airline stocks, though analysts warn a rebound in fuel costs could reverse gains ahead of a key June 24 hearing on airline competition.
Mexico's International Air Travel Decline Deepens in May
International passenger traffic at Mexico's three listed airport groups dropped in May, with resort hubs hit hardest, as rising fuel costs and engine issues weigh on airline valuations.
Joby Aviation Hits $10 as Air-Taxi Sector Eyes 2026 Milestones
Joby Aviation closed at $10.00 before Juneteenth, capping a volatile week with a 6.5% gain on heavy volume as the market eyes 2026 air-taxi milestones.
Hubbard County Transit and Road Repairs Highlight Rural Infrastructure Funding Challenges
Hubbard County must address local revenue shortfalls to expand Heartland Express transit and repair Middle LaSalle Forest Road, highlighting rural infrastructure funding gaps.
Qatar-Donated Boeing 747-8 Begins Final Tests as Interim Air Force One
The U.S. Air Force's $400 million former Qatari Boeing 747-8 begins final tests at Joint Base Andrews, serving as a temporary Air Force One amid delays in Boeing's VC-25B replacements.
Air Canada Nears 52-Week High Amid Falling Oil Prices and Geopolitical Risks
Air Canada shares closed at C$24.20, up 4.6% and just a cent shy of its 52-week high, driven by lower oil prices. However, the airline has withdrawn its 2026 outlook due to unpredictable fuel costs, and renewed Middle East tensions threaten to push jet fuel higher.
American Airlines Gains on Lower Oil as Fuel Risk Eases
American Airlines shares surged 6.7% to $15.99 over the Juneteenth-shortened week as lower oil prices eased jet fuel cost fears, outpacing peers.
American Airlines Gains 3.7% as Oil Retreats, Fuel Costs in Focus
American Airlines (AAL) surged 3.7% to $15.99 on heavy volume as easing oil prices fueled a travel stock rally before the Juneteenth break. The move hinges on fuel relief and demand.
American Airlines Stock Edges Up as Falling Oil Prices Ease Cost Concerns
American Airlines shares gained 1.36% premarket as softer oil prices provided relief from fuel cost pressures. Jefferies raised its price target to $15, citing strong demand, but options activity signaled bearish sentiment.
Southwest Airlines Targets 2028 for AWS Cloud and AI Transformation
Southwest Airlines plans to shift core systems to AWS cloud and AI by 2028, supporting its commercial overhaul to assigned seats and bag fees. Shares dipped 1.6%.
Wall Street Mixed as Market Awaits Fed Decision Under New Chair Warsh
U.S. stocks closed mixed Wednesday as the market awaited the Federal Reserve's rate decision under new Chair Kevin Warsh. Chip stocks rebounded, but stronger-than-expected retail sales raised inflation concerns.
American Airlines Shares Climb After Jefferies Raises Price Target
American Airlines shares gained after Jefferies boosted its price target to $15, citing strong demand and higher fares, while lower oil prices from a U.S.-Iran deal provide tailwinds.
American Airlines Gains as Oil Plunges and Jefferies Boosts Price Target
American Airlines shares climbed 1.6% to $15.71 as oil prices tumbled 5% on Strait of Hormuz reopening hopes, easing fuel cost pressures. Jefferies raised its price target to $15, citing solid demand and higher fares.