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Zacks News
Alaska Airlines Aims To Launch New Flights To Jackson Hole
by Zacks Equity Research
The move of Alaska Air Group's (ALK) subsidiary, Alaska Airlines, to commence new non-stop services to Jackson Hole is in sync with improvement in leisure travel demand.
Ryder's Shares Up 11% in 6 Months Despite Coronavirus Woes
by Zacks Equity Research
Reduced capital expenditures and cost-cutting measures are helping Ryder (R) stay afloat amid the coronavirus-led challenges.
Landstar (LSTR) Stock Up 29.3% in 6 Months: Here's Why
by Zacks Equity Research
Shareholder friendly moves and cost-effective strategies are driving Landstar (LSTR).
Here's Why Knight-Swift (KNX) Jumps 45.7% in the Past 6 Months
by Zacks Equity Research
Cost-control moves prove to be immensely rewarding for Knight-Swift (KNX).
Allegiant (ALGT) to Begin Seven New Routes With Low Tariff
by Zacks Equity Research
Allegiant's (ALGT) move to commence seven non-stop services is in sync with the improvement in leisure travel demand.
United Airlines Rides on Low Fuel Costs Amid Coronavirus
by Zacks Equity Research
Cost cuts and low fuel prices are partly offsetting the coronavirus-related adversities for United Airlines (UAL).
Alaska Airlines Enhances Safety With Touch-Free Travel
by Zacks Equity Research
Alaska Air Group (ALK) subsidiary Alaska Airlines' efforts to ramp up safety measures with the new touch-free services are encouraging.
Schneider (SNDR) Rides on Low Costs Amid Coronavirus Woes
by Zacks Equity Research
Low freight volumes amid coronavirus concerns are weighing on Schneider National's (SNDR) performance. However, low fuel costs are aiding.
Canadian National Gains From Grain Movement Amid Low Volumes
by Zacks Equity Research
Disappointing freight revenues and low volumes hurt Canadian National (CNI). However, significant grain movement is a tailwind.
Delta Plans to Cut More Than 1,900 Pilot Jobs in October
by Zacks Equity Research
With air-travel demand significantly suppressed, Delta (DAL) sees substantial overstaffing. Pilots hired on or after Jul 17, 2017 will receive potential furlough notices this week itself.
Here's Why Canadian Pacific Deserves a Place in Your Portfolio
by Zacks Equity Research
The precision scheduled railroading model should continue bolstering Canadian Pacific's (CP) bottom line by controlling costs.
Air Lease Rides on Rental Equipment Amid Coronavirus Woes
by Zacks Equity Research
Air Lease's (AL) collection rate is expected to remain subdued going forward due to declining travel demand. Meanwhile, rise in revenues from rentals of flight equipment is encouraging.
American Airlines to Suspend Flights to 15 U.S. Airports
by Zacks Equity Research
American Airlines (AAL) plans to suspend flights to 15 U.S. airports in October due to weak travel demand and expiration of the minimum-service requirement under the CARES Act.
Delta Plans to Reinstate More Than 50 International Services
by Zacks Equity Research
Among other services, Delta (DAL) expects to reinstate flights between Atlanta and Lagos, Boston and London-Heathrow as well as that connecting New York-JFK with Accra, Barcelona, Madrid and Rome.
Why Is Knight-Swift (KNX) Down 0.6% Since Last Earnings Report?
by Zacks Equity Research
Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Spirit Airlines (SAVE) Rides on Low Fuel Costs Amid Pandemic
by Zacks Equity Research
Low fuel costs and strong balance sheet aids Spirit Airlines (SAVE). Meanwhile, COVID-19 led low air travel demand is a concern.
Gol Linhas Grapples With Coronavirus Woes: Time to Dump?
by Zacks Equity Research
Weak air-travel demand due to coronavirus concerns is weighing significantly on Gol Linhas' (GOL) passenger revenues. The company's weak liquidity position adds to this burden.
Southwest Sees Demand Improving in August After Drop in July
by Zacks Equity Research
Southwest (LUV) is seeing air-travel demand improve gradually, following a slowdown in July due to a spike in coronavirus cases. The company's daily cash burn has also improved.
United Airlines to Boost China Service With Two More Flights
by Zacks Equity Research
United Airlines (UAL) will increase service between San Francisco and Shanghai to four weekly flights from two, effective Sep 4.
P.A.M. Transportation (PTSI) Surges: Stock Moves 6.4% Higher
by Zacks Equity Research
P.A.M. Transportation (PTSI) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
KNX or LSTR: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
KNX vs. LSTR: Which Stock Is the Better Value Option?
Ryanair to Cut Capacity by 20% Due to Weakness in Bookings
by Zacks Equity Research
Ryanair (RYAAY) plans to cut September and October capacity by 20% as a spike in coronavirus cases weigh on bookings.
United Airlines to Add Up to 28 Daily Flights to Florida
by Zacks Equity Research
Amid signs of air-travel demand picking up, United Airlines (UAL) plans to add up to 28 daily nonstop flights to Florida this winter.
Here's Why Hold Strategy is Apt for Kansas City Southern
by Zacks Equity Research
Kansas City Southern (KSU) has been seeing volumes increase after the same bottomed in early May. Encouraged by this, the company resumed share repurchases.
Knight-Swift (KNX) Q2 Earnings Beat, Revenues Decline Y/Y
by Zacks Equity Research
Knight-Swift's (KNX) Q2 performance reflects coronavirus-induced freight softness. Revenues decline across all three segments.