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Stock Market & Financial Investment News

News Breaks
March 7, 2014
11:36 EDTJBLU, EADSYAirbus to start building upgraded A320s at Mobile plant, WSJ reports
Airbus (EADSY) is planning to start building its upgraded A320 at the Mobile, Alabama plant once production methods are proven at its Hamburg facility in Germany, the Wall Street Journal reports. Allan McArtor, the company's North American unit chairman, says the U.S. facility will deliver the first current generation A320 to JetBlue (JBLU) in 2016, and will eventually build four jets per month. Reference Link
News For EADSY;JBLU From The Last 14 Days
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January 23, 2015
06:39 EDTJBLUAirlines unlikely to cut fares despite 'enormous' savings, Reuters says
U.S. airlines said they expect to obtain "enormous" savings in 2015 from the decline in oil prices, according to Reuters. The airlines indicated that they would use the savings to pay down debt and return cash to shareholders, while refraining from cutting fares, the news service stated. Publicly traded companies in the space include American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV) and United Continental (UAL). Reference Link
January 22, 2015
12:28 EDTJBLUOn The Fly: Midday Wrap
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11:57 EDTJBLUAirline rally continues after companies report results
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January 21, 2015
09:04 EDTEADSYEmirates to buy 100 Airbus A380 if engine receives upgrade, Bloomberg says
Emirates has committed to buying 100 more Airbus A380 planes on the condition that the company upgrades its engines, reports Bloomberg. The offer comes as new A380 orders crawled to a halt in 2014 and Airbus focuses on its new A350 wide-body. The development of the new "Neo" engines would cut seat-mile costs by 10%-13%. Reference Link
January 20, 2015
06:39 EDTJBLUU.S. airlines may buy back shares amid cheap oil, WSJ reports
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January 15, 2015
14:14 EDTJBLUJetBlue upgraded earlier to Peer Perform from Underperform at Wolfe Research
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January 13, 2015
16:46 EDTJBLUJetBlue reports preliminary December traffic up 5.6%
Traffic in December increased 5.6% from December 2013, on a capacity increase of 7.2%. Load factor for December 2014 was 81.6%, a decrease of 1.3 points from December 2013. JetBlue's preliminary completion factor was 99.5% and its on-time performance was 80.3%. JetBlue's preliminary passenger revenue per available seat mile for the month of December decreased 6% year over year. For the fourth quarter 2014, PRASM is expected to be relatively flat compared to last year.
06:50 EDTEADSYBoeing, Airbus could be hurt by oil tumble, NY Times says
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06:16 EDTEADSYChina Aircraft Leasing firms up order for 100 Airbus A320 Family aircraft
China Aircraft Leasing Company firmed up its contract in December 2014 with Airbus for 100 A320 Family aircraft. The order comprises 74 A320neo, 16 A320ceo and 10 A321ceo. Including this new order, CALC’s total backlog with Airbus stands at 140 A320 Family aircraft.
06:12 EDTEADSYAirbus to equip long-haul jets with floatable black boxes, AFP reports
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