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American Airlines Reports Record Quarterly Revenue Amid Strong Demand

American Airlines Reports Record Quarterly Revenue Amid Strong Demand

American Airlines Reports Record Quarterly Revenue Amid Strong Demand

Southwest Airlines Reports Profit Increase Amid Rising Fuel Costs and Lower Forecast

Southwest Airlines Reports Profit Increase Amid Rising Fuel Costs and Lower Forecast

Southwest Airlines Reports Profit Increase Amid Rising Fuel Costs and Lower Forecast

Alaska Air forecasts quarterly profit below estimates as jet fuel prices stay high

Alaska Air forecasts quarterly profit below estimates as jet fuel prices stay high

July 21 (Reuters) - Alaska Air on Tuesday forecast third-quarter profit below Wall Street expectations as renewed U.S.-Iran fighting drove fuel prices higher. The Seattle-based airline expects third-quarter adjusted profit to be in the range of $0 per share to $1 per share.

Southwest Airlines forecasts third-quarter profit below expectations as fuel costs soar

Southwest Airlines forecasts third-quarter profit below expectations as fuel costs soar

July 22 (Reuters) - Southwest Airlines forecast third-quarter profit below Wall Street expectations on Wednesday, after renewed U.S.-Iran fighting sent fuel prices higher again, eclipsing the benefits of strong travel demand and gains from assigned seating and extra-legroom offerings.

American Airlines Aims to Close Profitability Gap with Delta and United

American Airlines Aims to Close Profitability Gap with Delta and United

American Airlines Aims to Close Profitability Gap with Delta and United

Icelandair Reports Loss Due to Rising Fuel Costs, Plans Strategic Adjustments

Icelandair Reports Loss Due to Rising Fuel Costs, Plans Strategic Adjustments

Icelandair Reports Loss Due to Rising Fuel Costs, Plans Strategic Adjustments

Alaska Air Faces Second-Quarter Loss Amid Rising Fuel Costs

Alaska Air Faces Second-Quarter Loss Amid Rising Fuel Costs

Alaska Air Faces Second-Quarter Loss Amid Rising Fuel Costs

Otis cuts annual profit forecast on rising costs; higher pricing offsets Mideast hit

Otis cuts annual profit forecast on rising costs; higher pricing offsets Mideast hit

By Apratim Sarkar July 22 (Reuters) - Elevator maker Otis Worldwide on Wednesday cut its annual adjusted profit forecast on the back of increased costs, especially tied to labor, and said it had "broadly offset" the impact of the Middle East conflict with higher pricing.

European shares fall as STMicro results hit tech; Nestle tumbles

European shares fall as STMicro results hit tech; Nestle tumbles

By Tharuniyaa Lakshmi and Purvi Agarwal July 23 (Reuters) - European shares fell on Thursday as chip stocks slid and Nestle tumbled nearly 7%, heading for its biggest one-day decline since July 2002 after its results, while investors awaited the European Central Bank's policy decision.

Earnings at Musk's car company fall as research spending cuts into profit from selling cars

Earnings at Musk's car company fall as research spending cuts into profit from selling cars

Tesla's profits fell last quarter as the car company run by Elon Musk shoveled more money into research and development, cutting into profits from a sharp increase in vehicle sales

American Airlines CEO Outlines Strategy to Close Profit Gap with Delta and United

American Airlines CEO Outlines Strategy to Close Profit Gap with Delta and United

American Airlines CEO Outlines Strategy to Close Profit Gap with Delta and United

3M boosts annual profit forecast driven by resilient industrial unit

3M boosts annual profit forecast driven by resilient industrial unit

July 21 (Reuters) - 3M lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business, sending shares of the industrial giant up 6% in premarket trading.