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Zacks News
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.
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.
Spirit (SAVE) to Cancel Flights to 3 States on CDC Warning
by Zacks Equity Research
Spirit (SAVE) to suspend flights to the airports of New York LaGuardia, Newark, Hartford, Niagara Falls and Plattsburgh at least through May 4.
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
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.
Hawaiian Holdings Stock Plunges 45% in a Month: Here's Why
by Zacks Equity Research
To tackle coronavirus led issues, Hawaiian Holdings' (HA) unit Hawaiian Airlines suspends its first-quarter and 2020 guidance
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.
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.
United Airlines to Cut Domestic Capacity by 52% in April
by Zacks Equity Research
With diminishing air-travel demand amid coronavirus concerns, United Airlines (UAL) plans to cut 68% of its total capacity for April.
Alaska Airlines to Slash Capacity by 70%, Suspends Dividends
by Zacks Equity Research
Historic decline in demand forces Alaska Airlines, the unit of Alaska Air Group (ALK), to cut capacity by 70% for April. The flight cancellations are expected to continue in the next several months.
United Airlines Stock Sinks 57% in a Month: Here's Why
by Zacks Equity Research
To tackle the coronavirus-inflicted tepid demand scenario, United Airlines (UAL) aims to taper its international flights by 90% in April.
Hawaiian Airlines Suspends Q1 & 2020 View on Coronavirus Woes
by Zacks Equity Research
With tumbling travel demand, Hawaiian Holdings (HA) unit Hawaiian Airlines withdraws guidance. Also, with the government quarantine order, the airline plans to reduce Neighbor Island flights.
The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, Southwest Airlines, JetBlue Airways and American Airlines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, Southwest Airlines, JetBlue Airways and American Airlines
American Airlines Stock Plunges 59% in a Month: Here's Why
by Zacks Equity Research
To manage the coronavirus-inflicted tepid demand scenario, American Airlines (AAL) aims to reduce its international flights by 75% in April.
U.S. Airlines' Coronavirus Cash Grant: Will Federal Help Come?
by Maharathi Basu
Airlines are seeking federal help to reinforce their liquidity positions, which remain stressed due to the rampant coronavirus spread.
Delta (DAL) Stock Tanks 63% in the Past 30 Days: Here's Why
by Zacks Equity Research
To tackle the coronavirus-inflicted tepid demand scenario, Delta Air Lines (DAL) aims to curb its international flight frequency in excess of 80% over the next two/three months.
United Airlines Cuts Capacity Under Coronavirus Uncertainty
by Zacks Equity Research
To manage the coronavirus-inflicted tepid demand scenario, United Airlines (UAL) aims for a 60% schedule reduction for April.
Airline ETF & Stocks at Risk as Coronavirus Hits Air Travel
by Sweta Jaiswal, FRM
Let's see whether flight cancellations, travel restrictions and trimming of capacity by airline carriers due to the coronavirus outbreak will impact the airline ETF.
Coronavirus Crisis Crashes Airlines: Should You Buy the Dips?
by Maharathi Basu
The current coronavirus-induced soft-demand scenario prompts many airlines like American Airlines (AAL) to cut capacity.
Airline Stock Roundup: IATA's Downbeat Coronavirus-Led Forecast, LUV in Focus
by Maharathi Basu
With the coronavirus weakening demand for air travel, JetBlue Airways (JBLU) withdraws its guidance. Also, Southwest Airlines (LUV) trims its first-quarter unit revenue view.
JetBlue Withdraws Q1 & 2020 Guidance on Coronavirus Scare
by Zacks Equity Research
Following in the footsteps of United Airlines, JetBlue (JBLU) withdraws its Q1 and 2020 outlook as uncertainty lingers over the impact of coronavirus on air travel demand.
Allegiant to Set Up $50M Worth North Carolina Operational Base
by Zacks Equity Research
Allegiant's (ALGT) new base is expected to create multiple job opportunities once it comes online.
Implied Volatility Surging for JetBlue (JBLU) Stock Options
by Zacks Equity Research
Investors need to pay close attention to JetBlue (JBLU) stock based on the movements in the options market lately.
Can JetBlue (JBLU) Stock Continue to Grow Earnings?
by Zacks Equity Research
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider JetBlue (JBLU).
IATA Request Spells Further Doom for Coronavirus-Hit Airlines
by Maharathi Basu
IATA's request for immediate suspension of slot rules is aimed at tackling the current scenario of low air-travel demand due to the rapid spread of the coronavirus.