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AL News29 articles
Airbnb Shares Surge on Strong Outlook, Analyst Upgrades
Airbnb shares climbed 4.6% following an optimistic revenue forecast and analyst upgrades. The company reported a 12% rise in quarterly revenue.
GE Aerospace Boosts Engine Repair with Robotics Amid Airbus Pressure
GE Aerospace shares gained 0.8% to $315.41 as the company implements robotic automation to accelerate jet-engine repairs. Airbus continues pressing CFM for increased LEAP engine deliveries.
Air Canada Q4 Profit Hits C$296M, 2026 EBITDA Outlook Tops Views
Air Canada swung to a C$296 million fourth-quarter profit and issued a 2026 adjusted EBITDA forecast above analyst expectations, fueled by robust overseas corporate and premium travel.
American Airlines Stock Holds Steady Amid Union Pressure, CPI Data Awaited
American Airlines stock remained flat near $14.05 in premarket trading as labor unions intensified pressure on management, with a key inflation report due.
AirAsia X to Launch Daily London Route via Bahrain Hub in 2026
AirAsia X will commence daily service between Kuala Lumpur and London Gatwick via Bahrain on June 26, 2026. The carrier aims to establish Bahrain as its first operational hub outside Asia, with plans to station up to 100 aircraft there within eight years.
Corsair Gaming Surges on Earnings Beat and $50M Share Repurchase Plan
Corsair Gaming shares soared 26% in premarket trading following a Q4 earnings beat and the announcement of a $50 million stock repurchase authorization. The company also issued its 2026 revenue forecast.
Airbnb Shares Surge on Strong Revenue Outlook and Upscale Demand
Airbnb shares climbed roughly 6% in extended trading following a better-than-expected first-quarter revenue forecast and solid fourth-quarter results, highlighting resilient demand for higher-priced accommodations.
Corsair Gaming Shares Soar 23% After Hours on Buyback and Outlook
Corsair Gaming shares jumped 23% in after-hours trading after announcing a $50 million share buyback program and providing its 2026 revenue outlook.
Boeing Shares Gain on Supply Chain Progress, January Orders Beat Airbus
Boeing shares advanced as executives highlighted improved supply-chain quality and January performance that exceeded Airbus in both deliveries and net new orders.
Oracle Shares Dip Despite Securing $88M Air Force Cloud Contract
Oracle stock edged lower despite announcing a major U.S. Air Force cloud contract and a CMS migration deal, as investor focus shifts to inflation data and cloud funding plans.
Palantir Shares Decline Despite Defense Cloud Approval and Airbus Partnership Renewal
Palantir Technologies stock fell 1.3% to $133.85 in Thursday trading, underperforming tech peers. The company secured new U.S. defense cloud authorizations and extended its Airbus Skywise partnership.
Airtel Outpaces Jio in December Subscriber Gains as India's Broadband Tops 1 Billion
Bharti Airtel added 5.4 million wireless users in December, exceeding Reliance Jio's 3 million additions, while Vodafone Idea and BSNL lost subscribers. India's broadband user base crossed 1.01 billion.
Palantir Shares Edge Lower Amid Airbus Deal Extension, Analyst Action
Palantir Technologies shares dipped slightly in premarket trading following a partnership extension with Airbus, as traders await key U.S. inflation data. The stock remains sensitive to shifts in AI sentiment.
Air Canada Commits to Airbus A350-1000 Fleet Renewal in Multi-Billion Dollar Deal
Air Canada has placed a firm order for eight Airbus A350-1000 widebody jets, with purchase rights for eight more, as part of its long-haul fleet modernization. First deliveries are scheduled for the second half of 2030.
Airline Stocks Sink as Fuel Costs Climb Despite New Partnership Launch
United Airlines shares fell over 3% as rising oil prices pressured the sector, overshadowing the rollout of its cross-booking partnership with JetBlue.
BAT Chair Term Extended Ahead of Key Earnings Report
British American Tobacco shares gained 0.6% after the board extended Chair Luc Jobin's tenure to April 2028. Investors await the company's annual results, due Thursday.
Ryanair Inks $1B Annual Parts Deal with CFM, Lifting GE Aerospace Shares
GE Aerospace shares gained 0.3% after Ryanair announced a multi-year agreement to purchase over $1 billion in engine parts annually from CFM International, a joint venture with Safran.
P&G Chairman Plans $27M Stock Sale as Markets Await Key Economic Data
Procter & Gamble shares gained 0.8% to $158.53 after Executive Chairman Jon Moeller filed to sell 173,268 shares worth $27.3 million. Investors are also focused on upcoming U.S. jobs and inflation reports.
BP Pauses Share Repurchases Amid $4 Billion Renewables Impairment
BP shares declined over 3% after the energy giant halted its buyback program and recorded significant write-downs in its low-carbon divisions. The company plans to redirect surplus cash toward strengthening its balance sheet and oil and gas investments.
BP Suspends Share Repurchases, Prioritizes Debt Reduction After $4.2B Impairments
BP has halted its share buyback program and will redirect excess cash to strengthen its balance sheet after reporting $4.2 billion in impairments and a $3.4 billion quarterly loss under IFRS standards.
Singapore Airlines Shares Dip Ahead of Quarterly Business Report
Singapore Airlines shares declined 0.3% to S$6.78 amid moderate trading volume, with investors awaiting the carrier's third-quarter business update on February 24 for insights on demand and Air India performance.
Boeing Gains on Air Force C-17 Modernization Deal; Market Awaits Economic Data
Boeing shares edged higher after securing a U.S. Air Force contract to upgrade C-17A flight decks, with a Pentagon-listed value of $266.6 million. Investor focus shifts to upcoming U.S. jobs and inflation reports.
American Airlines CEO Faces Union Rebuke as Shares Decline Amid Labor Tensions
American Airlines stock dropped after its flight attendants' union issued a rare no-confidence vote against CEO Robert Isom, highlighting labor friction as the carrier grapples with operational and profitability challenges.
Singapore Airlines Gains as Oil Retreats; Q3 Update Looms
Singapore Airlines shares advanced over 1% as easing crude prices offered cost relief. Investors await the carrier's third-quarter business update scheduled for February 24.
ST Engineering Soars to Record High on Airshow Deal Momentum
ST Engineering shares surged past S$10 to a new peak, fueled by a series of Singapore Airshow contracts. Investors now await the group's full-year 2025 results due later this month.
Air Transat Launches Direct Rio Flights Amid Canadian Airline Route Expansion
Air Transat initiates nonstop Toronto/Montreal-Rio de Janeiro service, becoming the sole carrier on the Montreal route. The move coincides with a broader February route rollout by Canadian and international airlines.
American Airlines Soars Amid Market Rally, Faces Headwinds from Labor Talks and Fuel Costs
American Airlines shares surged 7.6% on Friday as airline stocks rallied with the Dow crossing 50,000. The carrier faces key tests from pilot negotiations, rising oil prices, and a $200 million storm impact.
Singapore Airlines Faces Cost Pressures Amid Supply Chain Delays; Q3 Update Awaited
Singapore Airlines shares edged lower as industry supply chain bottlenecks highlighted at the Singapore Airshow raise cost concerns. The carrier's next business update is scheduled for February 24.
Airbus Shares Edge Up Despite Slower January Deliveries, Supply Chain Concerns Persist
Airbus shares gained 0.94% to €191.30 as the company reported 19 aircraft deliveries in January, down from 25 a year earlier. Supply chain bottlenecks remain a key challenge ahead of full-year results.