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Zacks News
Trump Gives Airlines New Lease of Life Amid Coronavirus Mayhem
by Maharathi Basu
The likes of Delta Air Lines (DAL) and American Airlines (AAL) cut capacity to match the weakness in air-travel demand.
US Airlines Accept $25 Billion in Grants to Survive Coronavirus
by Ritujay Ghosh
The $25 billion grant definitely comes in time as a major rescue option for the airline industry.
Airlines-Treasury Department Reach $25B Bailout Deal: 5 Winners
by Tirthankar Chakraborty
U.S. carriers, including the big four, rallied after the government agreed on a $25-billion aid for meeting payroll requirements.
Hawaiian Airlines' March Traffic Drops 41% on Coronavirus Woes
by Zacks Equity Research
Hawaiian Holdings (HA) unit Hawaiian Airlines' passenger count slumps 45.4% in March with an unprecedented drop in demand in the wake of the coronavirus-led crisis.
Low Fuel Costs Aid American Airlines Amid Travel Demand Drop
by Zacks Equity Research
Capacity cut by American Airlines (AAL) due to the COVID-19 pandemic is worrisome. However, focus on cargo-only flights and low fuel costs are positives
JetBlue to Suspend Some Services Across 5 Major U.S. Cities
by Zacks Equity Research
JetBlue (JBLU) plans to run essential services at only one or two airports across major cities of Boston, Los Angeles, New York City, San Francisco and Washington, D.C.
Airline Stock Roundup: Coronavirus Woes Disrupt GOL's Traffic, DAL, LUV in Focus
by Maharathi Basu
With coronavirus wrecking air-travel, the likes of Alaska Air (ALK) and American Airlines (AAL) trim their respective flight schedules.
Stock Market News for Apr 8, 2020
by Zacks Equity Research
Wall Street closed lower on Tuesday owing to the decline of crude oil prices reversing previous day's sharp gains.
Alaska Airlines Deepens April & May Capacity Cuts to 80%
by Zacks Equity Research
Witnessing more than 80% drop in demand, Alaska Airlines, the subsidiary of Alaska Air Group (ALK), plans to trim April and May schedules by 80%.
The Zacks Analyst Blog Highlights: Delta Air Lines, American Airlines, Ryanair, Avianca and JetBlue Airways
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Delta Air Lines, American Airlines, Ryanair, Avianca and JetBlue Airways
Coronavirus Ravages Air Travel: Traffic Sinks to 2-Decade Low
by Maharathi Basu
With air-travel demand drooping faster than capacity contraction in February, load factor declines in the period.
American Airlines to Deepen NYC Flight Cuts on Coronavirus Spike
by Zacks Equity Research
Air-travel demand to New York is nearly disappearing with surge in coronavirus cases and the CDC warning, forcing American Airlines (AAL) to widen capacity cuts to the region.
Airlines Laid Low By Coronavirus: When Will Growth Return?
by Eshani Haque
Battered by coronavirus, airlines might not see a recovery in travel demand until at least 2022.
Southwest to Offer Cargo-Only Flights Amid Coronavirus Woes
by Zacks Equity Research
Southwest (LUV) plans to carry the freight in the bellies of its Boeing 737 aircraft.
Airline Stock Roundup: AAL to Apply for Coronavirus-Induced Aid, LUV in Focus
by Maharathi Basu
Due to dried-up air-travel demand, airlines like Southwest Airlines (LUV) and Delta Air Lines (DAL) are offering cargo charter services on passenger planes.
The Zacks Analyst Blog Highlights: Delta Air, American Airlines, United Airlines, Southwest and JetBlue
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Delta Air, American Airlines, United Airlines, Southwest and JetBlue
The Coronavirus is Impacting US Airlines in Major Ways
by Madeleine Johnson
The majority of Americans have now been directed to stay at home as much as possible, and to limit their travel, especially air travel, to help curb the spread of COVID-19.
American Airlines to Ask for Coronavirus Fund: Hopes for $12B Aid
by Zacks Equity Research
American Airlines (AAL) assures to sustain jobs and pay packets for six months by choosing to apply for the coronavirus-related government relief.
Alaska Air Group Stock Sinks 40.3% in a Month: Here's Why
by Zacks Equity Research
In the face of air-travel demand going downhill, Alaska Air Group's (ALK) unit Alaska Airlines slashes capacity for April and May.
Stock Market News for Mar 30, 2020
by Zacks Equity Research
Benchmarks ended in the negative territory on Friday as a steep rise in coronavirus cases in the United States weighed on investors' sentiments.
Implied Volatility Surging for American Airlines (AAL) Stock Options
by Zacks Equity Research
Investors need to pay close attention to American Airlines (AAL) stock based on the movements in the options market lately.
US Airlines Consider Downsizing Despite Coronavirus Aid
by Zacks Equity Research
Some U.S. airlines paint a bleak picture despite the coronavirus rescue package offering them $25 billion in grants to bear their payroll expenses over the next six months.
U.S. Airlines: Is All Well Despite the Coronavirus Relief Law?
by Maharathi Basu
U.S. passenger airlines are eligible to receive $25 billion in grants under the stimulus package for meeting their payroll expenses over the next six months.
Senate's $58B Bill to Aid U.S. Airliners: Stocks in Focus
by Zacks Equity Research
The U.S. Senate's rescue package includes a $58 billion financial aid in the form of grants and loans, for the struggling U.S. airline industry.
Airlines Stocks & ETF Fly Higher on Stimulus Package
by Sanghamitra Saha
The airlines ETF, one of the worst-hit by the coronavirus effect, started to soar on the hopes of U.S. government aid.