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Zacks News
5 of the Biggest Winners From Oil's Descend to a 21-Year Low
by Tirthankar Chakraborty
A gruesome combination of global storage shortage and decline in demand for crude due to the coronavirus outbreak has taken a toll on oil prices.
Here's the Likely Coronavirus Toll on Southwest (LUV) Q1 Earnings
by Zacks Equity Research
Tumbling air-travel demand due to the coronavirus is expected to have significantly affected Southwest's (LUV) passenger revenues in Q1.
IATA Projects More Losses for Airline Industry, Stocks Down
by Aparajita Dutta
U.S. carriers are asking thousands of employees to take voluntary unpaid leave in a race to cut costs as cancellations outpace bookings.
Is the Market Ahead of Itself?
by Sheraz Mian
The numbers will get bad in the current period (2020 Q2), really bad, before they start getting better...
Analysts Estimate Southwest Airlines (LUV) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Southwest (LUV) 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.
The Zacks Analyst Blog Highlights: Alaska Air, American Airlines, JetBlue Airways, United Airlines and Southwest Airlines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Alaska Air, American Airlines, JetBlue Airways, United Airlines and Southwest Airlines
Airline Industry's Outlook Takes a Beating From Coronavirus Jinx
by Maharathi Basu
Amid the current economic turmoil, a phase of affordable fuel costs bodes well for the airline industry,
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.
Southwest Airlines (LUV) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Southwest Airlines (LUV) closed the most recent trading day at $34.77, moving +1.49% from the previous trading session.
Coronavirus-Hit Delta Expects 90% Decline in Q2 Revenues
by Zacks Equity Research
With persistent slump in passenger volumes and revenues, Delta (DAL) anticipates the second quarter to be worse than the first.
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.
Southwest to Cut May Capacity by 40% Amid Coronavirus Crisis
by Zacks Equity Research
Southwest (LUV) to fly 2,000 flights per day, down by 1,700 from its normal quota, between May 3 and Jun 5.
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.
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.
Should You Invest in the U.S. Global Jets ETF (JETS)?
by Zacks Equity Research
Sector ETF report for JETS
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
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.