ADVFN - Advanced Financial Network.
HOME» NYSE » G » GE Stock Price » GE Stock News

Gen Electric Share News

 General Electric Stock Price
GE Stock Price
 General Electric Stock Chart
GE Stock Chart
 General Electric Stock News
GE Stock News
 General Electric Company Information
GE Company Information
 General Electric Stock Trades
GE Stock Trades

Allegiant Air Plans to Buy Up to 19 Airbus A319s

By Ben Kesling Allegiant Travel Co. (ALGT) said Monday it will acquire up to 19 Airbus A319s, a big expansion for the U.S. airline that also poses a challenge to its low-cost status by adding a third aircraft type. Las Vegas's Allegiant proposed by offering ultra-cheap fares between secondary U.S. cities and big leisure destinations like Las Vegas with a fleet of older MD-80 planes that it picked up cheap, but two years ago acquired larger Boeing Co. (BA) 757s to start flights to Hawaii and elsewhere. The move into 757s was accompanied by a delay into launching Hawaii flights while the carrier waited for FAA approval for extended-range operations certification and obtaining flag-carrier status. Allegiant said adding the A319s, which are smaller than its existing planes, wouldn't change its business model and reflected how cheap the plane had become. "A319 asset values have significantly declined and now mirror the environment we saw when we first began buying MD-80s," said Allegiant President Andrew Levy in a statement. Allegiant plans to rent nine A319s from the leasing unit of General Electric Co. (GE) and "eventually" acquire another 10 from Cebu Pacific Air of the Philippines. The first two planes are due to enter service in the second quarter of 2013. The U.S. carrier operates 58 MD-80s and four 757s, and owns another two 757s. Allegiant shares were recently down 0.3% at $69.71. Write to Ben Kesling at: Benjamin.kesling@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Gen Electric (GE)
DateTimeHeadline
02/05/201616:09:25Statement of Changes in Beneficial Ownership (4)
02/04/201619:01:00Territory Generation Selects Clarke Energy to Deliver GE's Gas...
02/03/201617:30:00Beijing Enterprises Expected to Buy German Waste-to-Energy Plants...
02/03/201608:27:13Current Report Filing (8-k)
02/02/201622:00:00General Electric Company Announces Expiration of Any & All Cash...
02/02/201615:19:01Statement of Changes in Beneficial Ownership (4)
02/02/201610:00:00GE Builds Momentum with Taylor Morrison Contract Extension
02/01/201620:00:00Yahoo Ex-Employee Files Lawsuit
02/01/201614:39:00API Healthcare ShiftSelect® Earns 2015/2016 Category Leader...
02/01/201614:00:00Hudson Executive, Other Investors Call for CIT Group to Break...
02/01/201608:30:00GE Hitachi Successfully Completes First Pressurized Water Reactor...
01/29/201619:58:00Pension Trouble Ignites Debate in Connecticut
01/29/201614:50:00Boeing Test Flies New 737 Max Aircraft
01/28/201616:20:00Rolls-Royce to Cut More Jobs
01/28/201604:20:00Electrolux Pushed to Loss by Failed GE Deal Costs
01/28/201603:57:00Electrolux Pushed to Loss by Failed GE Deal Costs -- Update
01/28/201602:58:00Electrolux Pushed to Loss by Failed GE Deal Costs
01/27/201609:00:003MF Consortium Announces New Founding Member, GE Global Research
01/26/201618:23:00Capital One Profit Falls -- Update
01/26/201617:50:00Wells Fargo Adds 350 Million Shares to Buyback Authorization

Gen Electric and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad