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Zacks News
Delta (DAL) to Keep Middle Seats Vacant Through Mar 30, 2021
by Zacks Equity Research
Delta's (DAL) decision to extend the period of blocking its middle seats by almost three months is in contrast to the approach adopted by the likes of Southwest Airlines (LUV).
Airline Stock Roundup: UAL's Bleak Update, CPA's Q3 Loss, GOL, ALK in Focus
by Maharathi Basu
United Airlines (LUV) expects total revenues to be down 67% year over year in the December quarter. Meanwhile, Copa Holdings (CPA) performs dismally in Q3 due to coronavirus-led revenue weakness.
JetBlue's (JBLU) Cabin Crew Members Turn Down Tentative Deal
by Zacks Equity Research
With JetBlue's (JBLU) cabin crew voting against the tentative deal between the union and the airline, negotiations involving both parties are likely to start afresh.
Airlines' Woes Rise as CDC Warns Against Thanksgiving Travel
by Eshani Haque
Amid spike in coronavirus cases in the United States, Southwest Airlines (LUV), American Airlines (AAL), United Airlines (UAL) and Alaska Air (ALK) witness a drop in bookings.
Airline Stock Roundup: LUV's Bleak Update, Azul's Q3 Loss, ALGT's Traffic & More
by Maharathi Basu
Southwest Airlines (LUV) expects operating revenues to be down 60-65% in both November and December. Meanwhile, Azul (AZUL) performs badly in Q3 due to coronavirus-led revenue weakness.
JetBlue (JBLU) to Remove Capacity Limit in Early January
by Zacks Equity Research
JetBlue (JBLU) flights will operate at 85% capacity from Dec 2 to Jan 7, 2021.
Why Airline Space is Upbeat Despite Spike in US Coronavirus Cases
by Maharathi Basu
The positive update on Moderna's (MRNA) coronavirus vaccine candidate drives airline stocks like Delta (DAL), American Airlines (AAL), United Airlines (UAL) and Southwest Airlines (LUV) higher on Nov 16..
Markets Down Again, Plus Earnings for DIS, CSCO
by Mark Vickery
The Dow and S&P 500 remain on track for weekly gains as of Thursday afternoon, though the Nasdaq is currently sizing up a weekly loss.
United Airlines (UAL) to Return to NY's JFK Airport Next Year
by Zacks Equity Research
United Airlines' (UAL) reappearance at New York City's JFK airport from 2021 is a good strategic action as it will help passengers choose their transcontinental flights from a wide range of options.
Airline Stock Roundup: UAL & JBLU's Thanksgiving Plans, Azul's Traffic & More
by Maharathi Basu
JetBlue (JBLU) and United Airlines (UAL) intend to add flights to meet the anticipated demand swell during Thanksgiving. Meanwhile, Alaska Air's (ALK) CEO will call it quits next year.
JetBlue (JBLU) Plans to Boost Services for Thanksgiving Period
by Zacks Equity Research
JetBlue (JBLU) plans to add 25 new services from New York, Newark, NJ; and Westchester County, NY airports, anticipating an increase in demand for Thanksgiving travel.
Coronavirus Ruins Airlines' Q3 Earnings Too: Any Remedy Ahead?
by Maharathi Basu
Sunken passenger revenues cause losses for the likes of Delta (DAL), United Airlines (UAL), American Airlines (AAL) and Southwest Airlines (LUV) in the third successive quarter.
Airline Stock Roundup: GOL Reports Q3 Loss, LUV, RYAAY & SKYW in Focus
by Maharathi Basu
Bleak passenger revenues hurt the quarterly results of Gol Linhas (GOL), Ryanair (RYAAY) and SkyWest (SKYW). Meanwhile, Southwest Airlines (LUV) provides an expansion update.
Airline Stock Roundup: AAL, ALK & Others Post Q3 Loss Due to Coronavirus Woes
by Maharathi Basu
Tepid passenger revenues induce losses for the likes of American Airlines (AAL), Southwest Airlines (LUV) and Alaska Air Group (ALK) in third-quarter 2020.
JetBlue Airways (JBLU) Posts Q3 Loss Amid Coronavirus Woes
by Zacks Equity Research
Low air travel demand amid pandemic hurts JetBlue Airways (JBLU) third-quarter results.
JetBlue Airways (JBLU) Reports Q3 Loss, Misses Revenue Estimates
by Zacks Equity Research
JetBlue (JBLU) delivered earnings and revenue surprises of 8.38% and -2.53%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
What's in Store for JetBlue (JBLU) This Earnings Season?
by Zacks Equity Research
Coronavirus-induced low air travel demand is likely to have hurt JetBlue's (JBLU) third-quarter performance. Meanwhile, low fuel prices are expected to have aided.
Airline Stock Roundup: UAL Posts Q3 Loss, AAL Gives Boeing 737 MAX Update & More
by Maharathi Basu
With air-travel demand still lagging the year-ago levels,, United Airlines' (UAL) Q3 passenger revenues slump 84.3%. American Airlines (AAL) aims to resume operating Boeing 737 MAX jet by this year-end.
Earnings Preview: JetBlue Airways (JBLU) Q3 Earnings Expected to Decline
by Zacks Equity Research
JetBlue (JBLU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Airline Stock Roundup: DAL's Q3 Loss, ALK's Bleak Capacity Update & More
by Maharathi Basu
With demand for leisure travel improving, Allegiant (ALGT) provides a bullish cash burn update for Q4. Meanwhile, Southwest Airlines (LUV) comes up with an expansion update.
Airline ETF Rallies on a Slew of Positive News
by Sweta Killa
Airline stocks have showed strength this week buoyed by rounds of positive news. First, the uptick in air travel demand led to a spike and then President Trump's support for the industry's federal aid program.
Airline Stock Roundup: UAL to Resume Shanghai Flights, Job-Cut Updates & More
by Maharathi Basu
United Airlines (UAL) aims to resume nonstop services to China shortly. Meanwhile,Spirit Airlines (SAVE) intends to restart flying to Cap-Haitien as leisure travel-demand improves.
Spirit Airlines to Resume Flights to Haitian Destination
by Zacks Equity Research
Spirit Airlines (SAVE) intends to operate flights on the Fort Lauderdale-Cap-Haitien route thrice a week.
IATA's 2020 Traffic Forecast Deteriorates Due to Dull Summer
by Maharathi Basu
With traffic taking a massive hit, August global load factor of 58.5% touched an all-time low for the month.
JetBlue Partners With Vault Health to Offer Coronavirus Tests
by Zacks Equity Research
JetBlue (JBLU) passengers will receive discounts on their COVID-19 tests and a dedicated customer support phone line, following the partnership with Vault Health.