E*TRADE Generation Trader: Inside the Airline Price Wars
"Generation Trader" sponsored by E*TRADE explores the most compelling business stories moving the market, while utilizing E*TRADE's innovative trading platform.
In this episode we take a look at a big earnings week for the nation's largest airlines. E*TRADE Senior Equity Option Strategist Mary Ryan showcases how to use the company's mobile app to track these market movers.
Both Southwest and American Airlines reported quarterly earnings Thursday. Shares across the industry sank Wednesday after United Continental announced plans to increase capacity. This sparked concerns over possible price wars.
An off-duty pilot riding in the extra seat in the cockpit of a Horizon Air passenger jet tried to shut down the engines in midflight and had to be subdued by the crew, according to a pilot flying the plane.