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Alaska Air Group Inc <ALK.N> expected to post earnings of $2.39 a share - Earnings Preview

Alaska Air Group Inc expected to post earnings of $2.39 a share - Earnings Preview Alaska Air Group Inc ALK.N , ALK is expected to show a rise in quarterly revenue when it reports results on July 18 for the period ending June 30 2024 The Seattle Washington-based company is expected to report a 3.8% increase in revenue to $2.945 billion from $2.84 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.
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US judge sets quick schedule to consider family objections to Boeing plea deal

UPDATE 1-US judge sets quick schedule to consider family objections to Boeing plea deal Adds lawyer's previous comment, details on deal, Boeing and DOJ, paragraphs 3-11 Familiies of crash victims will have a week to file objections Boeing to plead guilty to defrauding FAA over 737 MAX software Boeing to spend $455 million on safety and compliance over three years By David Shepardson WASHINGTON, July 15 (Reuters) - A U.S.
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US judge sets quick schedule to consider family objections to Boeing plea deal

US judge sets quick schedule to consider family objections to Boeing plea deal WASHINGTON, July 15 (Reuters) - A U.S. judge on Monday set a fast schedule to consider the objections of relatives of those killed in two fatal 737 MAX crashes to the Justice Department's plea deal with Boeing BA.N . The planemaker on July 7 agreed in principle to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million.
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Wall Street choppy as inflation data lifts small-cap stocks

US STOCKS-Wall Street choppy as inflation data lifts small-cap stocks For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. CPI numbers show inflation eased in June PepsiCo dips on quarterly revenue miss Conagra Brands falls after annual forecasts below estimates Indexes: Dow down 0.02%, S&P up 0.04%, Nasdaq down 0.04% Updated at 9:48 a.m.
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Wall Street set for stronger open after inflation print; airlines slump on Delta forecast

US STOCKS-Wall Street set for stronger open after inflation print; airlines slump on Delta forecast CPI data shows inflation eased in June PepsiCo dips on quarterly revenue miss Pfizer moves ahead with once-daily weight-loss pill, shares up Futures up: Dow 0.17%, S&P 500 0.22%, Nasdaq 0.28% Updated at 8:42 a.m. ET/1242 GMT By Lisa Pauline Mattackal and Ankika Biswas July 11 (Reuters) - Wall Street futures turned positive on Thursday after data showed inflation eased in June, boosting expectation
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Futures edge lower ahead of inflation test; Delta Airlines falls

US STOCKS-Futures edge lower ahead of inflation test; Delta Airlines falls For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. CPI, weekly jobless claims data due at 8:30 a.m. ET PepsiCo dips on quarterly revenue miss Citigroup falls after US regulators slap $136-million fine Pfizer moves ahead with once-daily weight-loss pill, shares up Futures down: Dow 0.13%, S&P 500 0.11%, Nasdaq 0.08% Updated at 7:03 a.m.
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Boeing CEO called NTSB chair to apologize after MAX probe rules violation

UPDATE 1-Boeing CEO called NTSB chair to apologize after MAX probe rules violation Adds Boeing declining new comment, more comments from Homendy in paragraphs 3-9 By David Shepardson WASHINGTON, July 10 (Reuters) - Boeing CEO Dave Calhoun apologized and vowed the planemaker would follow government rules after the National Transportation Safety Board said the company provided non-public information speculating about possible causes on a 737 MAX mid-air emergency , the safety panel's top official
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JetBlue seeks to block United from winning new Washington DC area flight

UPDATE 1-JetBlue seeks to block United from winning new Washington DC area flight Adds United declining to comment, details on other proposals, paragraphs 3-12 By David Shepardson WASHINGTON, July 10 (Reuters) - JetBlue Airways JBLU.O asked the U.S. Transportation Department on Wednesday to disqualify United Airlines UAL.O from winning one of five new round-trip flights from congested Washington Reagan National Airport.
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Boeing’s future CEO has same mess, different day

RPT-BREAKINGVIEWS-Boeing’s future CEO has same mess, different day The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, July 8 (Reuters Breakingviews) - Boeing BA.N has not yet met a sufficiently painful reckoning. The $113 billion jet maker will plead guilty to a criminal fraud conspiracy, according to court filings submitted Sunday by the U.S.
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Boeing’s future CEO has same mess, different day

RPT-BREAKINGVIEWS-Boeing’s future CEO has same mess, different day The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, July 8 (Reuters Breakingviews) - Boeing BA.N has not yet met a sufficiently painful reckoning. The $113 billion jet maker will plead guilty to a criminal fraud conspiracy, according to court filings submitted Sunday by the U.S.
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Boeing 737 MAX crash victims’ families could disrupt new plea deal with US

Column: Boeing 737 MAX crash victims’ families could disrupt new plea deal with US The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel July 8 (Reuters) - Almost as soon as the U.S. Justice Department disclosed a proposed criminal plea agreement on Sunday with Boeing to resolve the government’s investigation of two fatal 737 MAX crashes, families of some of the victims announced opposition to the deal.
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Boeing’s future CEO has same mess, different day

BREAKINGVIEWS-Boeing’s future CEO has same mess, different day The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, July 8 (Reuters Breakingviews) - Boeing BA.N has not yet met a sufficiently painful reckoning. The $113 billion jet maker will plead guilty to a criminal fraud conspiracy, according to court filings submitted Sunday by the U.S.
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Key moments in the recent history of Boeing's 737 MAX

TIMELINE-Key moments in the recent history of Boeing's 737 MAX Updates headline July 8 (Reuters) - Boeing BA.N has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a U.S. Justice Department investigation into two 737 MAX fatal crashes, the government said in a court filing on Sunday. Earlier this month, Boeing agreed to buy back Spirit AeroSystems SPR.N for $4.7 billion in stock and Airbus AIR.PA moved to take on the supplier's loss-making
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Key moments in the recent history of Boeing's 737 MAX

TIMELINE-Key moments in the recent history of Boeing's 737 MAX Recasts headline July 8 (Reuters) - Boeing BA.N has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a U.S. Justice Department investigation into two 737 MAX fatal crashes, the government said in a court filing on Sunday. Earlier this month, Boeing agreed to buy back Spirit AeroSystems SPR.N for $4.7 billion in stock and Airbus AIR.PA moved to take on the supplier's loss-making
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Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes

TIMELINE-Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes Updates with latest development July 8 (Reuters) - Boeing BA.N has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a U.S. Justice Department investigation into two 737 MAX fatal crashes, the government said in a court filing on Sunday.
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How Boeing's plea deal could affect the planemaker

EXPLAINER-How Boeing's plea deal could affect the planemaker Updates with plea deal By Chris Prentice, Mike Spector and David Shepardson July 8 (Reuters) - Boeing BA.N will plead guilty to criminal fraud conspiracy to resolve a U.S. Justice Department (DOJ) investigation linked to two 737 MAX fatal crashes, the government said in a court filing late on Sunday.
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Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes

UPDATE 3-Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes Updates with additional background, reaction from victims' families By Chris Prentice, Mike Spector and David Shepardson NEW YORK/WASHINGTON, July 7 (Reuters) - Boeing BA.N has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a U.S.
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The flight path of Airline M&A since 2001

FACTBOX-The flight path of Airline M&A since 2001 July 3 (Reuters) - The European Commission approved a long-awaited deal for Lufthansa LHAG.DE to take a 41% stake in Italy's ITA Airways on Wednesday , in Europe's latest major consolidation. The European sector has experienced a wave of consolidation in the last 20 years as small national airlines struggle to compete with larger global groups and budget carriers.
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Alaska Airlines flight attendants set for 32% average pay rise in new tentative contract

Alaska Airlines flight attendants set for 32% average pay rise in new tentative contract July 3 (Reuters) - Alaska Airlines' ALK.N flight attendants are set for an average pay increase of 32% as part of a new three-year tentative labor agreement with the airline, a union representing the employees said. The agreement, yet to be ratified by the Associate of Flight Attendants union members, is also the first to make boarding pay legally binding for unionized flight attendants, the union said on Tu
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How a Boeing plea deal could affect the planemaker

EXPLAINER-How a Boeing plea deal could affect the planemaker By Chris Prentice, Mike Spector July 1 (Reuters) - The U.S. Justice Department will criminally charge Boeing BA.N with fraud over two fatal crashes and ask the planemaker to plead guilty or face a trial, people familiar with the matter said on Sunday . Boeing will have until the end of the week to respond to an offer of a plea deal from the Justice Department, the sources said.
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