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Zacks News
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.
Ryanair Posts 70% Drop in October Traffic Amid Coronavirus Woes
by Zacks Equity Research
Ryanair's (RYAAY) October traffic falls 70% year over year, with the carrier having operated only around 40% of the normal schedule amid coronavirus-related woes.
Ryanair (RYAAY) Q2 Loss Narrower Than Expected, Revenues Beat
by Zacks Equity Research
Ryanair's (RYAAY) Q2 results reflect coronavirus-induced disruptions to air-travel demand. Although revenues beat estimates, it declined more than 60% year over year.
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.
Ryanair Reports Dull September Traffic due to Coronavirus
by Zacks Equity Research
Due to coronavirus-induced weakness in air-travel demand, Ryanair (RYAAY) reports operations of nearly 53% of the normal September schedule.
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.
Airline Stock Roundup: AAL Opts for Federal Loans, DAL Delays Pilot Furloughs
by Maharathi Basu
American Airlines' (AAL) share in federal loans increases. Meanwhile, JetBlue Airways (JBLU) aims to expand network as leisure-travel demand improves.
Coronavirus Continues to Hurt Airlines : Any Respite Soon?
by Maharathi Basu
The current uptick in leisure-travel demand augurs well for airlines.
Airline Stock Roundup: LUV's Bullish Cash Burn Update for Q3, UAL, DAL in Focus
by Maharathi Basu
Ryanair (RYAAY) cuts October capacity outlook further. Meanwhile, Southwest Airlines (LUV) comes out with better cash burn view.
Ryanair Cuts October Capacity Again Due to Travel Restrictions
by Zacks Equity Research
Ryanair (RYAAY) plans to reduce its October capacity by an additional 20% due to low bookings caused by coronavirus-related travel restrictions by European Union governments.
Airline Stock Roundup: UAL's Expansion Update, GOL's August Traffic Report & More
by Maharathi Basu
Given the gradually improving air-travel demand scenario, United Airlines (UAL) and Spirit Airlines (SAVE) provide expansion-related updates.
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.
Ryanair (RYAAY) Posts Bland August Traffic Due To Pandemic
by Zacks Equity Research
Low air travel demand due to the COVID-19 pandemic dents Ryanair's (RYAAY) August traffic.
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.
Ryanair Staff Agrees to Pay Cut Decision to Limit Job Losses
by Zacks Equity Research
Ryanair (RYAAY) decides to slash headcount by less than 3,000 following a consensus reached with its pilots and the cabin crew.
Travelers Ebb But China, US Expand Flights: Airlines in Focus
by Zacks Equity Research
Most airline companies gain traction as the number of Sino-US flights increase. However, the spurt in coronavirus cases across Europe pushes travel plans on the backburner.
Airline Stock Roundup: AZUL's Q2 Loss, ALK's Bullish Cash-Burn Update & More
by Maharathi Basu
Azul's (AZUL) Q2 results are dented by soft passenger revenues. Meanwhile, Ryanair (RYAAY) decides to trim capacity due to coronavirus-led weakness in bookings.
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.
Airline Stock Roundup: ALGT, SKYW & GOL Post Q2 Loss, RYAAY in Focus
by Maharathi Basu
Passenger revenue softness dents the Q2 results of the likes of Allegiant Travel (ALGT) and SkyWest (SKYW).
Ryanair (RYAAY) July Traffic Results Hurt By Coronavirus Woes
by Zacks Equity Research
Plummeting air travel demand due to the COVID-19 pandemic dents Ryanair's (RYAAY) July Traffic.
Ryanair (RYAAY) Posts Q1 Loss, Expects Q2 Loss to be Smaller
by Zacks Equity Research
Ryanair's (RYAAY) Q1 results are hurt by coronavirus-led travel demand woes. With gradual resumption of flights, the carrier expects the Q2 loss to be smaller than Q1.
Airline Stock Roundup: UAL's Bullish View for August Schedule, RYAAY in Focus
by Maharathi Basu
Despite the recent improvement, air-travel demand remains weak year over year. Consequently, Ryanair (RYAAY) and Gol Linhas (GOL) report massive declines in their respective June traffic.
Ryanair (RYAAY) June Traffic Results Hurt By Coronavirus Woes
by Zacks Equity Research
Low air travel demand due to the COVID-19 pandemic dents Ryanair's (RYAAY) June Traffic. However, its July projection to carry more than 4.5 million passengers is a tailwind.
Ryanair (RYAAY) Provides Bullish Forecast for July Travel
by Zacks Equity Research
Ryanair (RYAAY) expects to carry more than 4.5 million passengers in July.