Record Number of Passengers Fly Over Thanksgiving

Airlines for America (A4A) predicted U.S. Thanksgiving air travel demand would climb to an all-time high of 30.6 million passengers this year, up from 29 million last year. “It is thanks to incredibly accessible and affordable flight options that more travelers than ever before are visiting loved ones, wrapping up year-end business or enjoying a … Continued

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Falling Oil Prices Could Benefit Airline Stocks

The price of crude oil began to fall in October and hit the $50 per barrel mark in late November. ETF Trends writes that lower oil prices could be a tailwind for airline stocks, since fuel is one of their largest operating expenses. Many analysts are positive about the industry’s potential growth and have predicted … Continued

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How Do Airports Make Money?

Have you ever wondered how some airports are architectural masterpieces, containing luxurious amenities such as rooftop pools? Explore this slideshow for a full look into how airports make money!

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Southwest Airlines Outperforms Expectations in the Third Quarter

Southwest Airlines Outperforms Expectations in the Third Quarter

Southwest Airlines (LUV) had a profitable third quarter, increasing its net income to $618 million from the previous quarter’s $528 million, according to MarketWatch. Although the carrier’s stock indicated down around 0.5 percent in premarket trade, it has actually grown 4.4 percent in the three months ended in September 30. Passenger revenue yield rose 2.3 … Continued

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Gold Traded Above Its 100-Day Moving Average in October

Gold Traded Above Its 100-Day Moving Average in October

Gold rose to a three-month high in late October, trading above its 50- and 100-day moving averages, according to Seeking Alpha. Commerzbank analyst Carsten Fritsch believes that this rise was supported by the recent stock market fall, increasing risk aversion among investors and concerns about Italy. Ross Strachan of Capital Economics also cites “a whole … Continued

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