Alaska Air Gr Option Alert: Oct 17 $52.5 Calls at the Bid: 3266 vs 7907 OI

Alaska Air Gr Option Alert: Oct 17 $52.5 Calls at the Bid: 3266 @ $4.5 vs 7907 OI; Ref=$51.11

Alaska Air Gr Option Alert: Oct 17 $52.5 Calls Sweep (59) near the Bid: 1610 vs 7907 OI

Alaska Air Gr Option Alert: Oct 17 $52.5 Calls Sweep (59) near the Bid: 1610 @ $4.701 vs 7907 OI; Ref=$51.335

Alaska Air Gr (NYSE:ALK) Bolsa

Alaska Air Gr

Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Alaska Air Group

WIIM

JBLU

Shares airline stocks are trading lower amid a rise in oil prices and renewed tariff concerns. The sector may also be pulling back after recently rising on strong earnings from Delta.

Barclays analyst Brandon Oglenski maintains Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Overweight and raises the price target from $55 to $60.

News

Price Target

Analyst Ratings

Barclays Maintains Overweight on Alaska Air Gr, Raises Price Target to $60

U.S. stocks were mixed, with the Dow Jones index gaining more than 200 points on Thursday.
Shares of AZZ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) rose sharply during Thursday's session as the company posted <a href="https://www.benzinga.com/quote/AZZ/analyst-ratings">better-than-expected earnings for its first quarter.</a>
AZZ reported quarterly earnings of $1.78 per share which beat the analyst consensus estimate of $1.58 per share. The company raised its FY2026 adjusted EPS guidance from $5.50-$6.10 to $5.75-$6.25.
AZZ shares jumped 10% to $110.86 on Thursday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>MP Materials Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) shares jumped 49% to $44.75 after the company announced it has entered into a public-private partnership with the U.S. Department ot Defense consisting of a multi-billion dollar package of investments and long-term commitments.</li>
<li>WK Kellogg Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KLG#NYSE">KLG</a>) gained 31% to $22.92. Ferrero announced an agreement to acquire the company for $23 per share.</li>
<li>Rimini Street, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMNI#NASDAQ">RMNI</a>) rose 25.2% to $4.9500. Rimini Street announced that on July 7, the company reached confidential settlement with Oracle to resolve long-running Rimini II case.</li>
<li>Ramaco Resources, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METC#NASDAQ">METC</a>) gained 24.8% to $15.86.</li>
<li>ProKidney Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PROK#NASDAQ">PROK</a>) gained 20% to $5.22 on possible continued strength after reporting positive kidney disease drug trial results yesterday. Additionally, Citigroup raised its price target on the stock from $6 to $9.</li>
<li>Energy Fuels Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUUU#NYSE">UUUU</a>) jumped 16.6% to $6.52.</li>
<li>Newegg Commerce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEGG#NASDAQ">NEGG</a>) rose 16.1% to $25.23.</li>
<li>USA Rare Earth, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/USAR#NASDAQ">USAR</a>) gained 15.7% to $11.33.</li>
<li>Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) jumped 15% to $8.20.</li>
<li>Opendoor Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>) rose 14% to $0.8400.</li>
<li>Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) gained 13.1% to $57.36 after the company reported better-than-expected quarterly EPS and sales.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) rose 12.3% to $90.10. Shares of airline stocks traded higher in sympathy with Delta, which beat Q2 earnings estimates.</li>
<li>Aehr Test Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) gained 11.4% to $14.81.</li>
<li>ZTO Express (Cayman) Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTO#NYSE">ZTO</a>) jumped 9.1% to $19.32.</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) gained 9% to $54.25. Shares of airline stocks traded higher in sympathy with Delta, which beat Q2 earnings estimates.</li>
<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) rose 8.8% to $9.64.</li>
<li>Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) gained 6.5% to $5.30.</li>
<li>The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) gained 5.5% to $91.39.</li>
</ul>
Now Read This: 
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<li>T<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46316741/top-3-risk-off-stocks-that-may-rocket-higher-in-q3">op 3 Risk Off Stocks That May Rocket Higher In Q3</a> </li>
</ul>
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Intraday Update

Markets

Movers

Trading Ideas

AEHR

COTY

METC

NEGG

OPEN

PROK

RMNI

USAR

UUUU

AZZ Posts Better-Than-Expected Earnings, Joins MP Materials, WK Kellogg And Other Big Stocks Moving Higher On Thursday

Shares of airline stocks are trading higher in sympathy with Delta, which beat Q2 earnings estimates.

The U.S. Senate Wednesday voted 53 to 43 approve Republic Airways CEO Bryan Bedford to head the Federal Aviation Administration.
Bedford, the head of the regional air carrier nominated by President Donald Trump and approved for a five-year-term, will oversee $12.5 billion in funding over five years to remake the aging U.S. air traffic control system passed by Congress last week. Bedford has also pledged to maintain tough oversight of BoeingBA.N, which came under harsh criticism from the National Transportation Safety Board last month for a mid-air emergency involving a new Alaska Airlines ALK.N 737 MAX 9 missing four key bolts.

Politics

General

ULCC

Reuters Reports U.S. Senate Votes To Confirm Trump Nominee Bryan Bedford To Head Federal Aviation Administration

Bank of America Securities (BofA) outlined a second-quarter 2025 earnings preview for airline companies in an investor note on Tuesday, with a focus on <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46082523/whats-going-on-with-airline-stocks-today">second-half 2025 capacity.</a>
Analyst Andrew Didora notes airline management teams have highlighted stability throughout the second quarter 2025.
BofA adds, &#8220;As such, we expect 2Q25 results to be largely in line with outlooks.&#8221;
Looking at trends into the third quarter of 2025, Transportation Security Administration (TSA) throughput has been down, while BAC aggregated debit and credit card data for airline spend has been down slightly more in June than in April/May.
Also Read: <a href="https://www.benzinga.com/etfs/sector-etfs/25/06/46157240/runway-ready-can-aviation-safety-tech-be-the-next-frontier-for-aerospace-etfs" target="_blank" rel="noreferrer noopener">Runway Ready: Can Aviation Safety Tech Be The Next Frontier For Aerospace ETFs?</a>
So the analyst does not expect a meaningful sequential improvement in revenue trends.
&#8220;We believe investors will be looking for commentary on any green shoots in demand, and any further commentary on 2H25 capacity cuts could be viewed positively,&#8221; he added.
<h2 class="wp-block-heading">Stocks in Focus</h2>
For Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), BofA sees its balance sheet strength and cost focus, with a <a target="_blank" href="https://www.benzinga.com/quote/ALK/analyst-ratings" rel="noreferrer noopener">price forecast of $60</a>.
For Allegiant Travel Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>), the analyst says <a href="https://www.benzinga.com/quote/ALGT/analyst-ratings" target="_blank" rel="noreferrer noopener">the $50 price target</a> is reasonable given the positive industry backdrop and Allegiant Travel&#8217;s monopolistic routes. However, Didora sees heightened cost risks for Allegiant given its recent 737 MAX order and pilot labor costs.
American Airlines Group&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) <a href="https://www.benzinga.com/quote/AAL/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast of $12</a> is based on 5.5x 2025E EBITDAR. The analyst says the target multiple is at a half-turn discount to American Airlines&#8217;s legacy peers, given higher leverage and execution risk.
For Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), the <a href="https://www.benzinga.com/quote/DAL/analyst-ratings" target="_blank" rel="noopener">BofA analyst believes</a> the network carrier can trade towards the upper end of its historical valuation range (4-6x) over time, given revenue diversification and strong operational execution.
Frontier Group Holdings Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) <a target="_blank" href="https://www.benzinga.com/quote/ULCC/analyst-ratings" rel="noreferrer noopener">price forecast of $4</a> is based on approximately 6.5x 2026E EBITDAR, adjusted for sale-leaseback gains. This multiple is in line with ultra-low-cost carriers&#8217; historical valuation multiple and ULCC&#8217;s multiple since going public in 2021.
JetBlue Airways Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) <a target="_blank" href="https://www.benzinga.com/quote/JBLU/analyst-ratings" rel="noreferrer noopener">price forecast of $3</a> is based on approximately 0.9x EV/Sales multiple, which is in line with the 0.6-1.0x range that airline stocks traded in more difficult economic times, like those in 2008-2009.
&#8220;We believe this is reasonable given JBLU&#8217;s meaningfully depressed earnings and high net leverage,&#8221; the analyst wrote.
Southwest Airlines Co&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) <a href="https://www.benzinga.com/quote/LUV/analyst-ratings" target="_blank" rel="noreferrer noopener">price target of $26</a> is based on approximately 7.0x 2025E EBITDAR. Given positive yield dynamics across the industry, this target multiple is at the high end of LUV&#8217;s long-term historical average of 6.2x.
United Airlines Holdings Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) <a href="https://www.benzinga.com/quote/UAL/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast of $90</a> is based on approximately 5.5x 2025E EBITDAR.
&#8220;Our target multiple is in line with UAL&#8217;s legacy peers. We believe the network carriers can trade towards the high end of their historical valuation ranges (4-6x) given depressed earnings,&#8221; Didora wrote.
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/07/46203027/jumia-jmia-stock-surges-on-axian-takeover-buzz-what-investors-need-to-know" target="_blank" rel="noreferrer noopener">Jumia (JMIA) Stock Surges On Axian Takeover Buzz: What Investors Need To Know</a></li>
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Photo: Shutterstock

Analyst Color

Large Cap

ALGT

Airline Stocks Face Flat Q2—But 1 Thing Could Lift Them

SAVE

Reuters Cites White House Official Saying President Trump Signs Presidential Memorandum Strengthening U.S. Policy Toward Cuba, Including Enforcing Statutory Ban On U.S. Tourism To Cuba

Following a series of sobering near-miss incidents in U.S. airports, most recently when a Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) plane came close to departing from a taxiway in Orlando, air carriers are focusing now on what could be the most priceless upgrade since in-flight Wi-Fi: cockpit alerts that scream at pilots before they undertake something disastrous.
Also Read: <a href="https://www.benzinga.com/etfs/new-etfs/25/06/46151058/jpmorgans-new-etf-smashes-records-with-2-billion-kick-off">JPMorgan&#8217;s New ETF Smashes Records With $2 Billion Kick Off</a>
At the forefront of this air safety upgrade is Honeywell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), which has created a Runway Awareness and Advisory System (RAAS) that&#8217;s now in use across almost all of Southwest&#8217;s 800-strong Boeing 737 fleet, according to WSJ. And although this upgrade is, first and foremost, about ensuring passengers and crew are safe, it also represents a possible investment opportunity few are discussing: a boost in demand for avionics and safety technology, and the <a href="https://www.benzinga.com/etfs">ETFs that contain them</a>.
<h2 class="wp-block-heading">Wake-Up Call In The Cockpit</h2>
Honeywell&#8217;s system provides real-time voice and text alerts when pilots make hazardous maneuvers, such as turning onto an incorrect runway, landing too rapidly, or trying to take off from a taxiway. 
It&#8217;s not only Southwest becoming serious about safety. Other airlines such as Alaska Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) are bringing the system on board as well, with Airbus and Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) allegedly working on their own in-house alert systems. With the FAA considering new proposals to mandate safety alerts on new planes, and potentially retrofits in the future, this might be only the start.
<h2 class="wp-block-heading">The ETF Angle: Follow The Beep</h2>
A number of large ETFs already provide exposure to aviation safety vendors such as Honeywell, and if the industry experiences an upgrade supercycle, these funds could be winners:
iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>): Top holding is Honeywell, followed by Boeing and Raytheon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>). Traces defense and aerospace production companies, including safety systems and avionics.
Up 29% YTD, ITA may experience additional tailwinds if cockpit safety standards become an international standard.
SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>): Equal-weighted, providing more widespread exposure to mid-cap stocks that might include specialty avionics providers.
Comprises participants on next-gen safety software, hardware, and even autonomous flight system development.
Global X Future Analytics Tech ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>): Not aerospace-focused, but exposed to companies embedding AI in safety and risk-reduction systems. 
As cockpit notifications become more sophisticated with AI-based pattern recognition, funds such as AIQ might soon be cleared for takeoff.
<h2 class="wp-block-heading">Why Now?</h2>
Let&#8217;s link the dots:
<ul class="wp-block-list">
<li>Increasing pilot shortages translate into more dependence on safety technology.</li>
<li>Busy airports and tighter flight schedules raise the margin for error.</li>
<li>High-profile accidents (such as the Air Canada near-miss at San Francisco or the 2006 Comair crash) are spurring regulators and carriers into action.</li>
<li>Public perception: Airlines are keen to demonstrate that they&#8217;re spending money on safety amid growing concern.</li>
</ul>
In short, the cockpit alert boom is not merely a safety tale, it&#8217;s a story about tech adoption, and in the markets, that&#8217;s where the actual jet fuel resides.
For the moment, cockpit warnings might be barking alarms within aircraft, but shareholders might find themselves tuning in as well. Aviation safety technology is taking to the skies quietly, and the ETFs that have exposure to it could be up next for a smooth ride.
Read Next: 
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<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/06/46151686/nvidia-just-became-the-worlds-most-valuable-stock-is-it-time-for-a-semiconductor-etf-rethink">Nvidia Just Became The World&#8217;s Most Valuable Stock; Is It Time For A Semiconductor ETF Rethink?</a></li>
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Sector ETFs

ETFs

iShares Dow Jones US Aerospace & Defense Index Fund

Runway Ready: Can Aviation Safety Tech Be The Next Frontier For Aerospace ETFs?

GOOG

GOOGL

SAVEQ

Reuters Cites Google Saying Cyber Incidents In Airline Sector Resemble Work Of 'Scattered Spider' Hacking Group

RYAAY

Shares of airline companies are trading higher amid a drop in the price of oil. An Iran-Israel ceasefire may lower travel uncertainty.

Aircraft manufacturer Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) is set to be probed for its role in last year's Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) <a href="https://www.benzinga.com/markets/equities/24/01/36523143/im-going-to-die-passengers-experience-15-minute-nightmare-during-alaska-airs-harrowing-emergency">Flight 1282 incident</a> involving a sudden loss of pressure in the aircraft's fuselage.
What Happened: The NTSB or National Transportation Safety Board, is set to hold a hearing to determine the cause of the mid-air blowout, Reuters reported on Tuesday.
The agency is set to question Boeing's failure to catch the issue and address the lax production. "This accident should have never happened. This should have been caught years before,&#8221; NTSB Chair Jennifer Homendy said in the report, citing her quote from an earlier hearing.
Why It Matters: Boeing has been dealing with troubled times in recent years, with several high-profile incidents involving its aircraft. Most recently, a <a href="https://www.benzinga.com/markets/25/06/45911791/boeing-dreamliner-carrying-over-200-passengers-crashes-shortly-after-takeoff-near-indias-ahmedabad-b">Boeing 787 Dreamliner</a> aircraft operated by Air India crashed in India's Ahmedabad, moments after takeoff, which resulted in over 241 deaths.
Boeing also <a href="https://www.benzinga.com/news/legal/25/05/45481977/boeing-may-reportedly-once-again-dodge-prosecution-over-737-max-crashes-victims-families-slam-dojs-potential-agreement-as-backroom-deal-dressed-up-as-a-legal-proceeding">avoided prosecution</a> for a trial involving its aircraft over two incidents in 2018 and 2019 when the 737 Max Aircraft crashed, resulting in a combined loss of over 346 lives in both incidents.
Boeing's perception among consumers has also taken a hit due to the incidents, with several users taking to social media to <a href="https://www.benzinga.com/markets/tech/25/06/45991614/if-its-boeing-im-not-going-why-some-people-are-turning-their-backs-on-the-american-plane-maker-in-favor-of-rival-airbus">express their discontentment</a> with the American aerospace giant.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/06/45919464/boeing-faces-fresh-turmoil-as-india-mulls-787-8-grounding-after-fatal-crash-ceo-kelly-cancels-paris-trip-report">Boeing Faces Fresh Turmoil As India Mulls 787-8 Grounding, Safety Review After Fatal Crash, CEO Kelly Ortberg Cancels Paris Trip: Report</a></li>
</ul>
Photo via Shutterstock

'This Should've Been Caught Years Ago:' Boeing Faces NTSB Heat Over 737 MAX 9 Alaska Airlines Mid-Air Blowout Incident

Shares of airline stocks are trading higher, reversing from earlier weakness as oil prices fall. Investors may be assessing Iran's attack on an American base in Qatar and the impact on travel demand.

Shares of airline stocks are trading lower on uncertain travel demand outlook following US strikes on Iran. Qatar has closed airspace amid tensions.

Editor's Note: This story has been updated to correct the amount of the North Carolina Community College System training initiative.
JetZero, a California-based aerospace startup, has <a href="https://www.prnewswire.com/news-releases/jetzero-selects-north-carolina-for-4-7b-production-facility-will-create-over-14-500-jobs-302479910.html">announced</a> a $4.7 billion investment to build its first manufacturing facility in Greensboro, North Carolina — a move that could position it to compete with industry giants such as Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and Airbus.&nbsp;
The new plant, located at Piedmont Triad International Airport, will manufacture the company's all-wing commercial jet, the Z4, and is expected to create over 14,500 jobs by 2036 — a record-setting employment commitment for the state, according to the North Carolina Department of Commerce.
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The Z4 aircraft is designed to deliver up to 50% greater fuel efficiency compared to conventional tube-and-wing jetliners. It will seat approximately 250 passengers and offer a range of 5,000 nautical miles. Initially powered by conventional jet fuel, the aircraft is also being developed with the potential for future hydrogen conversion, JetZero<a href="https://www.jetzero.aero/jetzero-selectsgreensborro-nc-for-factory"> said</a>.
The company says its blended-wing design reduces drag and positions its engines on the upper rear fuselage, enabling significantly quieter operation.
<h2 class="wp-block-heading">Airline Backing and Federal Support</h2>
JetZero has raised over $300 million in funding to date, including U.S. Air Force funding to support development of a full-scale demonstrator scheduled to fly by 2027, according to the<a href="https://apnews.com/article/north-carolina-airplane-plant-jetzero-fdb49ed6c9d38981765ef1f421e3357a"> Associated Press</a>. The company said it has signed conditional purchase agreements with United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), and formed a working group with 14 carriers to align the Z4's design with airport compatibility and operational requirements.
Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.
The facility is being developed in partnership with Siemens AG to include AI-driven digital manufacturing systems, with the goal of accelerating production and reducing costs, according to the release.
<h2 class="wp-block-heading">A Strategic Win for North Carolina's Aerospace Ecosystem</h2>
JetZero's headquarters will relocate from Long Beach, California, to Greensboro once the site is operational. Production is scheduled to begin in the first half of 2026, with commercial deliveries targeted for the early 2030s. According to the AP, the company aims to eventually produce up to 20 aircraft per month.
&#8220;This is more than just a factory. It's a launchpad for a new chapter of American aerospace,&#8221; said JetZero CEO Tom O'Leary to the AP.
The North Carolina Department of Commerce said the facility will generate average wages of over $89,000 per year, significantly above the county average. Economic incentives for the project—if all investment and employment milestones are met—could total more than $2.35 billion by the 2060s, including contributions from state and local governments.
"North Carolina was first in flight. We are also the future of flight," North Carolina Gov. Josh Stein said at the formal announcement at Piedmont Triad International Airport, the AP reported.
See Also: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
<h2 class="wp-block-heading">Building A Local Talent Pipeline</h2>
The North Carolina Community College System, with 58 campuses statewide, <a href="https://www.prnewswire.com/news-releases/nc-community-college-system-to-provide-customized-training-program-for-jetzeros-4-7-billion-manufacturing-site-302480312.html">said</a> it will develop a customized workforce training program in partnership with JetZero. A dedicated $32 million training initiative is being coordinated with Guilford Technical Community College and other regional institutions.
JetZero joins a growing aerospace cluster at the Piedmont Triad International Airport, already home to Honda Aircraft, Boom Supersonic, and over 400 aerospace companies across North Carolina, <a href="https://fortune.com/2025/06/13/all-wing-plane-startup-jetzero-plans-build-billion-plant-north-carolina/">Fortune</a> reported.
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JetZero Bets $4.7B On Revolutionary Aircraft – Could This Challenge Boeing, Airbus? (CORRECTED)

Shares of airline stocks are trading lower amid macro uncertainty and rising oil prices after President Trump denied working on a ceasefire and said everyone should evacuate Tehran.

Shares of airline stocks are trading higher, rebounding after falling on Friday. Oil prices have come down and geopolitical uncertainty could be easing amid a report suggesting Iran wants to de-escalate Israel hostilities.

Following <a href="https://www.benzinga.com/markets/25/06/45911791/boeing-dreamliner-carrying-over-200-passengers-crashes-shortly-after-takeoff-near-indias-ahmedabad-b">Thursday's fatal plane crash</a> in the Indian city of Ahmedabad, when a Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) 787 Dreamliner aircraft, operated by Air India with 242 passengers onboard, crashed moments after takeoff, the aircraft manufacturer's troubled past has once again come to the surface.
Multiple Incidents, Three Whistleblowers And Prosecution Avoided
Serious questions about the company's safety and quality practices have been raised in the past following incidents with the 787 Dreamliner's Lithium-ion batteries, as well as three separate whistleblowers coming out to express serious concerns about the aircraft's manufacturing.
Amid the challenges, the company recently<a href="https://www.benzinga.com/news/legal/25/05/45481977/boeing-may-reportedly-once-again-dodge-prosecution-over-737-max-crashes-victims-families-slam-dojs-potential-agreement-as-backroom-deal-dressed-up-as-a-legal-proceeding"> avoided prosecution </a>by agreeing to pay over $1.1 billion in a deal over two fatal air crashes in 2018 and 2019 that led to the deaths of over 346 people. The decision has angered the victims' families.&nbsp;
The non-prosecution agreement involves the aircraft company investing $455 million in compliance and safety programs, as well as compensating the victims' families with over $444.5 million.
The trial was originally set to begin on June 23, but Boeing struck a deal that involved pleading guilty to misleading the FAA. The company had previously also avoided prosecution in 2021 when it was deferred after Boeing paid over $2.5 billion.
Jeju Air disaster, Faulty Bathroom Latches
In two separate incidents, a Boeing 737-800 aircraft operated by South Korea's <a href="https://www.benzinga.com/markets/equities/24/12/42716905/boeing-in-spotlight-after-fatal-737-800-crash-in-south-korea-stock-declined-28-amid-deepening-2024-challenges">Jeju Air crashed</a>. The crash led to over 179 lives lost from the 181 passengers onboard the aircraft, while the Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) <a href="https://www.benzinga.com/markets/equities/24/01/36523143/im-going-to-die-passengers-experience-15-minute-nightmare-during-alaska-airs-harrowing-emergency">Flight 1282 </a>experienced a sudden loss of cabin pressure, forcing an emergency landing, as well as resulting in over 65 737 MAX 9 aircraft being grounded.
However, the woes didn't stop there as the FAA also proposed an airworthiness report after a passenger was stuck in a lavatory of a Boeing aircraft mid-flight due to <a href="https://www.benzinga.com/25/04/44811150/faulty-bathroom-latches-could-cost-boeing-34-million-following-faa-directive">a faulty bathroom latch</a>. The repairs could reportedly cost Boeing $3.4 million and affect thousands of aircraft in its fleet.
Despite such issues, the FAA has recently allowed Boeing to continue <a href="https://www.benzinga.com/news/travel/25/05/45692905/faa-extends-program-allowing-boeing-to-conduct-inspections-on-agencys-behalf">inspections and approve repairs</a> on the agency's behalf.
Space ambitions proving difficult to realize
In addition to being a key figure in the aircraft manufacturing sector, Boeing is also a major player in the space exploration industry. The company's flagship rocket, the Starliner, was touted to be Boeing's answer to Elon Musk's SpaceX. However, fast forward to today, the Starliner has had its share of issues.
A <a href="https://www.benzinga.com/news/space/25/06/45827130/nasa-delays-boeing-starliner-flight-to-2026-amid-ongoing-technical-challenges">failed test in 2024</a> left two astronauts stranded aboard the International Space Station for over 9 months and the vehicle is yet to be certified for human transport. Besides this, the company's progress in its development is slower than anticipated, much to the dismay of<a href="https://www.benzinga.com/news/25/06/45855902/why-jeff-bezos-might-emerge-as-the-biggest-winner-in-the-trump-musk-feud"> NASA and Pentagon officials</a>.
Aftermath Of The fatal Ahmedabad crash
Following the disaster, Boeing CEO Kelly Otberg said that "a Boeing team stands ready to support the investigation led by India's Aircraft Accident Investigation Bureau."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">A statement from Boeing President and CEO Kelly Ortberg on Air India Flight 171. Full statement: <a href="https://t.co/CtZuIKoa4T">https://t.co/CtZuIKoa4T</a> <a href="https://t.co/9OEkC8RURx">pic.twitter.com/9OEkC8RURx</a>
&mdash; Boeing Airplanes (@BoeingAirplanes) <a href="https://twitter.com/BoeingAirplanes/status/1933214452922372384?ref_src=twsrc%5Etfw">June 12, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Indian authorities are <a href="https://www.benzinga.com/markets/equities/25/06/45919464/boeing-faces-fresh-turmoil-as-india-mulls-787-8-grounding-after-fatal-crash-ceo-kelly-cancels-pa">mulling grounding </a>the 787 Dreamliner in the country and conducting a safety review. Air India owns 32 aircraft in the country. Boeing stock has fallen over 7% since the crash.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/news/travel/25/06/45915389/india-crash-survivor-emerges-from-wreckage-has-no-idea-how-he-survived">India Crash Survivor Emerges From Wreckage, Has &#8216;No Idea How He Survived&#8217;</a></li>
</ul>
Photo courtesy: JHVEPhoto / Shutterstock.com

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10:36 AMJul 08, 2025	CALL	$52.50	Oct 17, 2025	94	6801	3266	86	7907	TRADE	NEUTRAL
10:33 AMJul 08, 2025	CALL	$52.50	Oct 17, 2025	94	2007	1610	25	7907	SWEEP	BEARISH

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