Singapore markets open in 3 hours 37 minutes

  • Straits Times Index

    3,111.65
    +18.85 (+0.61%)
     

  • S&P 500

    3,911.74
    +116.01 (+3.06%)
     

  • Dow

    31,500.68
    +823.28 (+2.68%)
     

  • Nasdaq

    11,607.62
    +375.42 (+3.34%)
     

  • BTC-USD

    21,346.85
    -8.12 (-0.04%)
     

  • CMC Crypto 200

    462.12
    +8.22 (+1.81%)
     

  • FTSE 100

    7,208.81
    +188.36 (+2.68%)
     

  • Gold

    1,828.10
    -2.20 (-0.12%)
     

  • Crude Oil

    107.06
    -0.56 (-0.52%)
     

  • 10-Yr Bond

    3.1250
    +0.0570 (+1.86%)
     

  • Nikkei

    26,491.97
    +320.77 (+1.23%)
     

  • Hang Seng

    21,719.06
    +445.16 (+2.09%)
     

  • FTSE Bursa Malaysia

    1,436.70
    +5.65 (+0.39%)
     

  • Jakarta Composite Index

    7,042.94
    +44.67 (+0.64%)
     

  • PSE Index

    6,217.56
    +152.33 (+2.51%)
     

Why Airline Shares Are Losing Altitude Today

Lou Whiteman, The Motley Fool
·3-min read
Why Airline Shares Are Losing Altitude Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • DAL
  • SAVE
  • JBLU

Investors are increasingly growing fearful that the economy is slowing, leading to yet another day where markets are in the red. Airline stocks are getting caught up in the sell-off, with a basket of carriers including Delta Air Lines (NYSE: DAL), United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), and JetBlue Airways (NASDAQ: JBLU) all down about 5% in midday trading Tuesday. 2022 has been a year of changing expectations for airline investors.

Continue reading
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Latest stories

  • Energy shock tests G7 leaders' climate resolve

    Leaders of the Group of Seven rich nations will be under pressure to stick to climate pledges in Bavaria from Sunday, as Russia's energy cuts trigger a dash back to planet-heating fossil fuels.

  • Reject TTJ’s privatisation offer, says IFA as offer price below valuation

    IFA recommends that TTJ's shareholders reject $0.23 offer as net cash of $34.8m is more than $12.6m needed to privatise TTJ

  • Bangladesh opens bridge plagued by graft claims, lynchings

    Bangladesh on Saturday opened an important bridge near the capital Dhaka after a long construction plagued by delays, graft allegations, and even deadly lynchings sparked by rumours of human sacrifice.

  • UK, U.S., Japan and Canada to ban Russia gold imports

    LONDON (Reuters) -Britain, the United States, Japan and Canada will ban new imports of Russian gold as part of efforts to tighten the sanctions squeeze on Moscow for its invasion of Ukraine, the British government said on Sunday. Russian gold exports were worth 12.6 billion pounds ($15.45 billion) last year and wealthy Russians have recently been buying bullion to reduce the financial impact of Western sanctions, the government said. "The measures we have announced today will directly hit Russian oligarchs and strike at the heart of Putin's war machine," Prime Minister Boris Johnson said in the statement.

  • Egypt to buy 180,000 tonnes of Indian wheat - supply minister

    CAIRO (Reuters) -Egypt has contracted to buy 180,000 tonnes of wheat from India, less than previously agreed, but is looking at ways to extract more flour from grain and even use potatoes in bread making as it tries to trim imports, the supply minister said on Sunday. Egypt, one of the world's biggest wheat importers, has in recent years purchased much of its grain from the Black Sea, but saw those imports disrupted by Russia's invasion of Ukraine. The conflict has also further raised wheat import costs.