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Zacks News
Airline Stock Roundup: AAL to Expand Seating Capacity to 100%, UAL, DAL in Focus
by Maharathi Basu
American Airlines (AAL) decides to resume booking flights to full capacity. Meanwhile, Ryanair (RYAAY) warns of job cuts.
The Zacks Analyst Blog Highlights: American Airlines, Delta Air Lines, Southwest Airlines, United Airlines and Ryanair
by Zacks Equity Research
The Zacks Analyst Blog Highlights: American Airlines, Delta Air Lines, Southwest Airlines, United Airlines and Ryanair
Airline Industry Soars 50.8% in 30 Days: More Room to Rally?
by Maharathi Basu
The recent spurt in bookings underlines the steady spike in passenger count on flights.
Airline Stock Roundup: AAL Buoys Optimism on Cash Burn, DAL, RYAAY in Focus
by Maharathi Basu
Backed by improving air-travel demand trends and cost-saving initiatives, both American Airlines (AAL) and Delta Air Lines (DAL) expect to exit this year with zero cash-burn rate.
Union Pacific Gains From Cost Cuts Amid Coronavirus Woes
by Zacks Equity Research
COVID-19 induced supply-chain disruptions and high debt levels are headwinds for Union Pacific (UNP).
C.H. Robinson Stock Down 5.6% in the Past Year: Here's Why
by Zacks Equity Research
The coronavirus outbreak worsens the freight market plight and in turn, weighs on C.H. Robinson's (CHRW) volumes.
Expeditors Hurt by Airfreight Services & Coronavirus Woes
by Zacks Equity Research
Supply-chain disruptions from the coronavirus pandemic hurt Expeditors (EXPD). However, its sound balance sheet bodes well.
Ryanair Likely to Incur Up to EUR 300 Million Loss in FY21
by Zacks Equity Research
In a bid to compensate for the pent-up demand scenario, Ryanair (RYAAY) is controlling costs to contribute to its bottom line.
LATAM Airlines (LTM) May Traffic Hurt by Coronavirus Woes
by Zacks Equity Research
LATAM Airlines (LTM) load factor tanks 3980 basis points in May due to dwindling air travel demand induced by the COVID-19 pandemic.
IATA: Coronavirus Will Cost Aviation Industry a Fortune in 2020
by Maharathi Basu
The sharp drop in passenger revenues contributes to the IATA's depressing forecast. However, things are expected to be looking up in 2021.
Azul Reports Increase in Traffic and Load Factor in May
by Zacks Equity Research
Azuls' (AZUL) May traffic numbers is a respite amid the coronavirus led crisis.
Allegiant (ALGT) Traffic and Load Factor Plummet In May
by Zacks Equity Research
Dwindling air travel demand due to the COVID-19 pandemic hurts Allegiant's (ALGT) May traffic statistics. Load factor falls 3630 basis points.
Union Pacific's Bearish Update on Q2 Volumes, Operating Ratio
by Zacks Equity Research
Coronavirus woes are likely to dent overall volumes at Union Pacific (UNP) in second-quarter 2020.
Ryanair's Laudamotion Gets a Lifeline Following Wage Deal
by Zacks Equity Research
The collective wage deal, which saves multiple jobs at Ryanair's (RYAAY) Austrian unit, concludes long-standing negotiations.
Here's Why You Should Add Ryanair to Your Portfolio Now
by Zacks Equity Research
Ryanair's (RYAAY) strong liquidity position should help the company deal with the coronavirus crisis efficiently.
GATX Declines 16.1% in Six Months: What's Ailing the Stock?
by Zacks Equity Research
Weakness in the North American railcar leasing market is denting GATX's prospects.
Trinity Hurt by Operational Inefficiency & Low Delivery
by Zacks Equity Research
Trinity's (TRN) dismal performance of its Rail Products Group amid the COVID-19 outbreak is a headwind.
Gol Linhas (GOL) Traffic And Load Factor Plummet In May
by Zacks Equity Research
Crashing air travel demand due to the COVID-19 pandemic hurts Gol Linhas' (GOL) May traffic statistics.
Delta Suspends a Few Domestic Operations Due to Weak Demand
by Zacks Equity Research
Delta (DAL) to slash 85% from its total schedule for the second quarter.
United Airlines Shuts 3 International Bases Amid Coronavirus Woes
by Zacks Equity Research
United Airlines (UAL) is closing bases at Frankfurt, Hong Kong and Tokyo amid the coronavirus-induced, low-demand environment.
Delta (DAL) Catches Eye: Stock Jumps 5.5%
by Zacks Equity Research
Delta (DAL) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
JetBlue (JBLU) Looks Good: Stock Adds 5.2% in Session
by Zacks Equity Research
JetBlue (JBLU) saw a big move last session, as its shares jumped nearly 5% on the day, amid huge volumes.
Golar LNG Rides On Strong FLNG Hilli Episeyo Operations
by Zacks Equity Research
Despite COVID-19 induced disruptions, increase in Golar LNG's (GLNG) Q1 revenues bode well.
Southwest Airlines (LUV) in Focus: Stock Moves 5.1% Higher
by Zacks Equity Research
Southwest Airlines (LUV) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
Airline Stock Roundup: LTM Posts Q1 Loss on Coronavirus Woes, UAL, AAL in Focus
by Maharathi Basu
With demand for air travel dropping sharply, carriers like American Airlines (AAL) and United Airlines (UAL) are looking to slash their personnel in a cost-cutting bid.