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Zacks News
Airlines Take Off on Spike in Travel Demand: 3 Stocks on Radar
by Tirthankar Chakraborty
Airline stocks scaled north yesterday after the Transportation Security Administration showed that, on average, 738,038 travelers went through the TSA checkpoints every day for the week ended Sep 13.
Should You Invest in the U.S. Global Jets ETF (JETS)?
by Zacks Equity Research
Sector ETF report for JETS
Southwest (LUV) Gets Mired in Headwinds: Time to Dump Stock?
by Zacks Equity Research
Southwest's (LUV) top line is under significant pressure due to coronavirus-led travel-demand woes. The Boeing 737 MAX-grounding issues are an added concern.
Southwest Airlines (LUV) Stock Moves -0.71%: What You Should Know
by Zacks Equity Research
In the latest trading session, Southwest Airlines (LUV) closed at $38.94, marking a -0.71% move from the previous day.
United Airlines Cuts Q3 Guidance on Coronavirus Woes, Shares Fall
by Zacks Equity Research
Amid continued softness in travel demand thanks to coronavirus, United Airlines (UAL) reduces guidance for third-quarter 2020 capacity and passenger revenues.
Southwest (LUV) to Launch Services to Miami & Palm Springs
by Zacks Equity Research
As leisure demand gradually picks up, Southwest (LUV) plans to start services to Miami International Airport and Palm Springs International Airport later this year, subject to government approval.
Key Reasons for Airline Stocks' Resilience Despite Challenges
by Maharathi Basu
The progress in air-travel demand bodes well for the airlines as we advance toward the Labor Day holiday weekend.
Airline Stock Roundup: Change Fee Updates, UAL & AAL's Job-Cut Alerts
by Maharathi Basu
With the existing stimulus package expiring on Sep 30, carriers like American Airlines (AAL) and United Airlines (UAL) issue job-cut warnings.
Southwest Airlines (LUV) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Southwest Airlines (LUV) closed the most recent trading day at $37.91, moving +0.88% from the previous trading session.
Delta Follows United Airlines in Eliminating Change Fees
by Zacks Equity Research
Delta (DAL) permanently eliminates change fees for domestic travel on all tickets except Basic Economy.
United Airlines (UAL) Scraps Change Fees for Domestic Travel
by Zacks Equity Research
United Airlines (UAL) eliminates change fees for domestic travel as it tries to offer customers more flexibility, so as to attract travelers in this depressed demand scenario, thanks to coronavirus.
More new Highs and the Best August in 36 Years
by David Borun
A change in Fed policy helps
Is Second Stimulus On the Way to Rescue US Airlines?
by Eshani Haque
Discussions between the White House and Congress on whether airlines should be granted an extension of the payroll support have started again and are on positive track.
Federal Aid to End Soon: More Uncertainty for U.S. Airlines?
by Maharathi Basu
Many airlines warn of job cuts after Sep 30, 2020 as the problem of overstaffing confronts them amid revenue weakness.
American Airlines to Cut 19,000 Jobs on Federal Aid's Expiry
by Zacks Equity Research
American Airlines (AAL) plans to furlough approximately 19,000 employees in October unless the payroll-support program is extended.
Airline Stock Roundup: LUV's Upbeat Update on August Demand, DAL, UAL in Focus
by Maharathi Basu
Southwest Airlines' (LUV) update on improving air-travel demand is encouraging. However, American Airlines (AAL) decides to reduce some flights as demand is still way below the year-ago levels.
Travel & Leisure ETFs Set to Gain on COVID-19 Vaccine News
by Sweta Killa
The vaccine news has infused optimism into the sectors, including cruise lines, airlines, hotel and casino operators, and travel and entertainment-booking companies.
Should You Invest in the U.S. Global Jets ETF (JETS)?
by Zacks Equity Research
Sector ETF report for JETS
Southwest (LUV) Up 5.8% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Southwest (LUV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zacks Industry Outlook Highlights: American Airlines, Southwest Airlines, Delta Air Lines, United Airlines and Alaska Air
by Zacks Equity Research
Zacks Industry Outlook Highlights: American Airlines, Southwest Airlines, Delta Air Lines, United Airlines and Alaska Air
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.
Airline Industry's Near-Term Outlook Drab Due to Coronavirus Woes
by Maharathi Basu
Softness in air-travel demand spells doom for the airline stocks. However, low oil prices augur well.
Here's Why Azul is Down Roughly 7% Since Q2 Earnings Release
by Zacks Equity Research
Azul's (AZUL) Q2 performance reflects significant impact of coronavirus-led reduced air-travel demand on its operations.
Zacks Market Edge Highlights: LUV, DAL, RCL, HLT and HGV
by Zacks Equity Research
Zacks Market Edge Highlights: LUV, DAL, RCL, HLT and HGV
Should You Buy the Recovery Stocks Right Now?
by Tracey Ryniec
Coronavirus cases are on the decline again nationwide and more restrictions are being eased. Is the worst over for the travel and leisure companies?