American Airlines Group Inc (A1G.DU)
- Reuters
American Airlines in 100 hydrogen-electric engines deal with startup
The airline also increased its investment in the Hollister, California-based company as part of its Series C financing round, but did not disclose the details. American first invested and signed a memorandum of understanding with ZeroAvia, which is flight testing a prototype for a 20-seat plane, in 2022. The company is also designing an engine for larger aircraft such as the Bombardier CRJ700, used by American on some of its regional routes.
- InvestorPlace
The 3 Smartest Travel Stocks to Buy With $1K Right Now
It’s that time of year again: summer, when U.S. travel companies experience their busiest months due primarily to increased planned vacations among consumers. Airline fares during the month of May fell by 6% compared to a year ago, which could lead to an increased number of passenger airline ticket sales, especially during this very busy time of year. Travel demand gradually increased year over year, with 2024 being the year that demand is projected to surpass 2019 levels. This increase in consu
- InvestorPlace
3 Airline Stocks to Buy on the Dip: June 2024
Use weakness in airline stocks to buy on the dip as a buying opportunity. For one, most grounded airline stocks are technically oversold at support, which we can walk through in just a month. About five billion people are expected to fly this year, which could result in another record year for the sector. And three, according to the International Air Transport Association (IATA), 2014 revenue could reach $996 billion this year. In addition, the latest inflation report showed that airfares are dr
