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Zacks News
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.
The Zacks Analyst Blog Highlights: JPM, DVA, UAL, GPI and GPK
by Zacks Equity Research
The Zacks Analyst Blog Highlights: JPM, DVA, UAL, GPI and GPK
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.
Hawaiian Airlines Invalidates Change Fees on All Flights
by Zacks Equity Research
In a bid to attract passengers, Hawaiian Holdings (HA) unit Hawaiian Airlines nullifies change fees on its flights from Sep 3.
United Airlines (UAL) to Expand October Flying Schedule
by Zacks Equity Research
Thanks to an uptick in leisure-travel demand, United Airlines (UAL) plans to increase its October flying schedule to 40% of its full schedule, from 34% in September.
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.
What September Lull? Buy Laggards Instead of Tech Leaders
by Sanghamitra Saha
The S&P 500 posted its worst single-session drop in nearly three months mainly on profit booking. While high-flying tech names were hurt the most, laggards are better positioned.
United Airlines (UAL) to Trim Workforce by 16,370 Post Sep 30
by Zacks Equity Research
United Airlines (UAL) announces massive headcount cut across various work groups. However, additional federal relief might save the jobs.
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.
United Airlines (UAL) Gains But Lags Market: What You Should Know
by Zacks Equity Research
United Airlines (UAL) closed at $36.01 in the latest trading session, marking a +0.03% move from the prior day.
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
United Airlines to Trim Pilot Jobs in Absence of More Stimulus
by Zacks Equity Research
United Airlines (UAL) is the latest airline to warn of potential lay-offs as travel-demand continues to be weak.
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.
Here's Why Delta (DAL) Stock Tanks 37.6% in the Past 6 Months
by Zacks Equity Research
Uninspiring passenger revenues are weighing on Delta's (DAL) prospects.
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.
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).
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.
Stock Market News for Aug 25, 2020
by Zacks Equity Research
The S&P 500 and the Nasdaq hit an all-time high on Monday after news of a potential coronavirus treatment lifted investors' sentiment.
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.
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: United Airlines, United Parcel Service, Landstar System, Canadian Pacific Railway and Werner Enterprises
by Zacks Equity Research
The Zacks Analyst Blog Highlights: United Airlines, United Parcel Service, Landstar System, Canadian Pacific Railway and Werner Enterprises