The Federal Aviation Administration is investigating after a United Airlines flight and a Delta Airlines flight had a near-collision over Phoenix on Saturday.
United Airlines stock rallies on results
The FAA said it is investigating after a Delta Air Lines flight and United Airlines flight experienced 'a loss of required separation' while heading inbound to Phoenix Sky Harbor International Airport.
United and Delta are sending more planes to Europe as travelers take advantage of the lower off-peak crowds and the dollar's stronger buying power.
Delta Air Lines , for the past ten years, has enjoyed status as the US commercial aviation industry's leader in terms of profitability, service quality, and prestige, all of which have kept the airline at the forefront of the market.
United Airlines posted better-than-estimated fourth-quarter results and gave a bullish current-quarter outlook on the back of increased consumer demand for premium travel.
Delta reported earnings Friday, perhaps providing an indication that airlines could be entering a strong earnings period.
Delta is the first major U.S. airline to say it will not rollback its climate targets after Trump withdrew the U.S. from the Paris Agreement.
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Bank of America reset some of its ratings in the airline sector as the earnings season prepares to take off. Overall, the firm thinks network carriers should continue to outperform due to premium revenues,
United, American Airlines, Delta Air Lines, and Southwest Airlines stocks rise following Delta's robust earnings report
A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey. United Airlines forecast first-quarter adjusted earnings of 75 cents to $1.25 a share.