As we head into the final few weeks of the year, it’s time to think about the industries and stocks that are likely to do well in 2025. One such industry that is starting to gain momentum is the aviation industry. After some volatility in the first half of the year, airline stocks as a … Read more
The Dow Jones Transportation Average rose more than 8.4% in November to set a new high. Most components showed an increase, and only two of them decreased. The median move is about 6%, the average is nearly 9%, and the top companies are up double digits over the 30-day and 90-day lookback periods. This is … Read more
Spirit Airlines, known as one of the lowest-cost carriers in the United States, announced Monday morning that it is filing for bankruptcy as it struggles to overcome challenges such as increased competition on leisure routes and higher labor costs. Whether you have an upcoming Spirit flight, a balance of Spirit miles in your account, or … Read more
We research all brands listed and may receive compensation from our affiliates. Research and financial considerations may influence how brands are presented. Not all brands are included. Find out more. As millions of Americans prepare to travel this holiday season, new federal rules will make it easier to get your money back for flight cancellations, … Read more
A view of the scene after the explosion at TUSAS headquarters in Kahramankazan, Ankara on October 23, 2024. – Screengrab via Reuters ANKARA: Three people were killed and five others were injured in an attack on the headquarters of Turkish airline TUSAS, Kahramankazan District Mayor Selim Şerbanoglu told Turkish TV channel Tele1. Turkish media reported … Read more
1726132509-0/BeFunk_-(40)1726132509-0.jpg "Australia’s Rex Airlines accused of stealing planes from Arizona boneyard – Newsad")
Australian airline Rex is facing a $US7.2 million lawsuit from US leasing firm Jet Midwest, which alleges Rex unlawfully dismantled and scrapped four Saab aircraft from an Arizona boneyard in 2020. According to court documents submitted to the NSW Supreme Court, Rex had initially agreed to purchase the planes for $US2 million, paying a $200,000 … Read more