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Airlines News 28 January 2026 - 5 February 2026

Royal Air Philippines liquidation strands travelers as Romania’s Legend Airlines goes dormant

Royal Air Philippines liquidation strands travelers as Romania’s Legend Airlines goes dormant

Royal Air Philippines entered liquidation after halting all flights on Jan. 4, leaving 3,000 to 4,000 passengers stranded and seeking refunds, according to Kursiv and Travelling for Business. The carrier’s website said refunds are being processed but gave no timeline for resuming flights. CEO Eduardo Novillas had warned of weak demand weeks earlier. Legend Airlines, a Romanian operator, also ceased operations after retiring its last aircraft.
5 February 2026
IAG share price today: British Airways owner slips as oil extends slide and FY-2025 results near

IAG share price today: British Airways owner slips as oil extends slide and FY-2025 results near

IAG shares slipped 0.44% to 431.25 pence in London Tuesday, retreating after Monday’s strong gains as oil prices fell for a second day. Brent crude dropped 0.5% to $65.96 a barrel. Investors are awaiting IAG’s FY-2025 results, due Feb. 27. European stocks broadly rose, with the STOXX 600 hitting a record high.
Singapore Airlines stock rises as Air India Dreamliner checks show no issues; Feb 24 update looms

Singapore Airlines stock rises as Air India Dreamliner checks show no issues; Feb 24 update looms

Singapore Airlines shares rose 2% to S$6.49 Tuesday as executives gathered in Singapore for a key aviation event focused on delivery and maintenance delays. Air India, part-owned by Singapore Airlines, grounded a Boeing 787 for fuel switch checks; no fleet-wide issues found so far. Singapore Airlines renewed a five-year component deal with Collins Aerospace for its 777s. The company reports third-quarter results on Feb. 24.
Southwest Airlines stock slips as LUV cools off after 18.7% surge on profit forecast

Southwest Airlines stock slips as LUV cools off after 18.7% surge on profit forecast

Southwest Airlines shares fell 1.1% to $47.99 Friday afternoon, pulling back after Thursday’s 18.7% surge on a profit outlook upgrade and new fee-based strategy. BMO Capital raised its rating to “outperform” and lifted the price target to $57.50. The airline now expects adjusted EPS of at least $4.00 for 2026. Investors remain cautious as Southwest shifts away from its traditional no-fee model.
American Airlines stock price today: AAL steadies on Venezuela flight restart plan as shutdown risk looms

American Airlines stock price today: AAL steadies on Venezuela flight restart plan as shutdown risk looms

American Airlines shares rose 0.1% after announcing plans to resume daily flights to Venezuela, pending U.S. approvals. The Transportation Department lifted its flight ban, but a “Do Not Travel” advisory remains. Airlines warned a partial U.S. government shutdown could disrupt flights as early as Saturday. Delta, United, and JetBlue shares fell, while Southwest gained.
Southwest Airlines stock jumps nearly 19% as LUV targets $4 profit — what traders watch next

Southwest Airlines stock jumps nearly 19% as LUV targets $4 profit — what traders watch next

Southwest Airlines shares jumped 18.7% Thursday to $48.50 after the company projected 2026 adjusted earnings of at least $4.00 per share, beating Wall Street estimates. The airline also forecast first-quarter unit revenue to rise at least 9.5% year over year. Southwest’s rally followed the rollout of assigned seating and new fee options. Investors await the company’s April quarterly report.
Southwest Airlines stock jumps nearly 15% as overhaul bets lift LUV shares

Southwest Airlines stock jumps nearly 15% as overhaul bets lift LUV shares

Southwest Airlines shares jumped nearly 15% to $46.95 midday Thursday after the company projected at least $4.00 adjusted EPS for 2026 and announced new bag fees and seat upgrades. Executives reported strong early customer feedback but said more booking data is needed before finalizing forecasts. Franklin Resources disclosed a 7.8% stake as of Dec. 31. Wall Street had expected $3.19 per share in 2026, according to LSEG.
American Airlines stock price slips as Winter Storm Fern costs keep traders on edge

American Airlines stock price slips as Winter Storm Fern costs keep traders on edge

American Airlines shares fell 1.3% to $13.26 Thursday morning after the company warned Winter Storm Fern caused a $150–$200 million revenue shortfall in the first quarter. The airline reported over 9,000 cancellations and signaled higher unit costs. Management projects full-year 2026 adjusted earnings between $1.70 and $2.70 per share, above analyst expectations. Investors are watching operational recovery and the Feb. 6 jobs report.
American Airlines stock slips again after Storm Fern chaos — what AAL traders watch next

American Airlines stock slips again after Storm Fern chaos — what AAL traders watch next

American Airlines shares fell 0.9% to $13.43 Wednesday after Winter Storm Fern forced over 9,000 cancellations and is expected to cut first-quarter revenue by up to $200 million. The company maintained its 2026 profit outlook but projected a first-quarter loss of 10 to 50 cents per share. Crews faced long waits and overnight stays in terminals as operations struggled to recover.
American Airlines stock tries to rebound after a 7% earnings slide as storm costs loom

American Airlines stock tries to rebound after a 7% earnings slide as storm costs loom

American Airlines shares rose 0.9% to $13.68 Wednesday, rebounding after a 7% drop following a quarterly profit miss and major storm disruptions. The airline projected 2026 adjusted earnings above analyst estimates but warned Winter Storm Fern could cut first-quarter revenue by up to $200 million. Management expects operations to normalize by Thursday. Investors await the Federal Reserve’s policy decision.
IAG share price slips as oil climbs again; investors brace for British Airways owner’s results

IAG share price slips as oil climbs again; investors brace for British Airways owner’s results

IAG shares fell 0.7% to 413.40 pence in early London trading, lagging behind easyJet and Ryanair as oil prices rose on U.S. supply concerns. Brent crude extended gains after a 3% jump the previous day. Investors are watching IAG’s results due Feb. 27 for updates on fuel costs and premium demand. Wizz Air dropped 1.55%, while easyJet gained 1.25%.
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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