A group of US budget airlines, including Frontier Group and Avelo Airlines, is seeking about $2.5 billion in federal aid in exchange for warrants due to high jet fuel costs squeezing margins. Talks with government officials are ongoing. Separately, Senator Thom Tillis suggested Fed Chair Jay Powell might remain on the Board despite speculation of his departure, with legal appeals underway regarding Fed subpoenas. Meanwhile, Chinese AI startup DeepSeek is aggressively cutting prices by 75% on its new V4-Pro model to compete globally, also adapting its technology to domestic Huawei chips, reflecting China's push for self-reliance in AI hardware.
United Airlines reported second-quarter earnings per share of $1.99, surpassing Wall Street estimates of $1.88, with revenue of $17.67 billion slightly above expectations. However, rising jet fuel prices, up 34% in July alone due to U.S.-Iran tension...
United Airlines is set to report its Q2 earnings with expectations of a strong performance, driven by 3% capacity growth and a 12.8% rise in unit revenue. UBS forecasts earnings per share at $1.91, above consensus, but rising jet fuel prices pose a s...
United Airlines is set to report its Q2 2026 earnings on July 15, with analysts expecting a 16% revenue increase to about $17.68 billion. Despite this top-line growth, earnings per share (EPS) are forecasted to drop by 51.2% to $1.89, though recent a...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
United Airlines announced it will offer customers the option to pay more to keep the middle seat empty on certain rows of its Airbus A321XLR aircraft, providing extra space and comfort. This upsell feature, common in Europe as a form of short-haul bu...
