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Stock Market & Financial Investment News

News Breaks
September 4, 2013
09:17 EDTDALDelta Air Lines orders 40 Airbus aircraft
Delta Air Lines plans to purchase 40 Airbus aircraft for delivery between 2015 and 2017.
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August 19, 2014
08:19 EDTDALFAA issues NOTAM restricting U.S. operations from flying over Syria
The Federal Aviation Administration issued a new Notice To Airmen restricting U.S. operators from flying in the Damascus Flight Information Region, which includes all of Syria. The FAA said, "This replaces the current NOTAM in place that strongly advises U.S. operators against flying in that airspace and requires them to contact the FAA before they operate in that airspace. Based on an updated assessment of the risk associated with such operations and the lack of any requests from operators wishing to fly in this airspace, we believe it prudent to prohibit U.S. operators from flying into, out of, and over Syria. The ongoing armed conflict and volatile security environment in Syria poses a serious potential threat to civil aviation. Armed extremist groups in Syria are known to be equipped with a variety of anti-aircraft weapons which have the capability to threaten civilian aircraft. Opposition groups have successfully shot down Syrian military aircraft using these anti-aircraft weapon systems during the course of the conflict. Opposition elements have previously warned civilian air carriers against providing service to Syria. Due to the presence of anti-aircraft weapons among the extremist groups and ongoing fighting in various locations throughout Syria, there is a continuing significant potential threat to civil aviation operating in Syrian airspace." Publicly traded companies in the airline industry include American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV) and United Continental (UAL).

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