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Used jets rents surge 44% as airlines pay up to buoy fleets

BLOOMBERG Two out-of-production Airbus SE and Boeing Co jet series have become hot commodities, with plane values and monthly lease rates soaring for airlines fortunate enough to procure the aircraft. Used Boeing 737NG and Airbus A320ceo single-aisle models are now valued at about $20 million or more, according to analysts at Ishka, which specialies in aircraft pricing and valuation. The ...

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Canada Goose shares plunge to all-time low

BLOOMBERG Canada Goose Holdings Inc shares plummeted to a record low again in a row as economic and consumer pressures prompted a pair of analyst downgrades. The parka retailer’s stock fell 4.4% to close at $12.16, recovering some of its losses after sinking as much as 9.8% intraday following downgrades from Wells Fargo & Company and TD Cowen. The analysts ...

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American beats for Q3, cuts forecast on fuel

BLOOMBERG American Airlines Group Inc topped Wall Street’s expectations for third-quarter profit even as its forecast for the rest of the year fell short, underscoring the choppy environment as carriers are battered by climbing jet fuel prices. Adjusted full-year earnings will be between $2.25 and $2.50 a share, compared with its earlier outlook for as much as $3.75, American said ...

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