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Zacks News
Delta Plans to Cut More Than 1,900 Pilot Jobs in October
by Zacks Equity Research
With air-travel demand significantly suppressed, Delta (DAL) sees substantial overstaffing. Pilots hired on or after Jul 17, 2017 will receive potential furlough notices this week itself.
Air Lease Rides on Rental Equipment Amid Coronavirus Woes
by Zacks Equity Research
Air Lease's (AL) collection rate is expected to remain subdued going forward due to declining travel demand. Meanwhile, rise in revenues from rentals of flight equipment is encouraging.
American Airlines to Suspend Flights to 15 U.S. Airports
by Zacks Equity Research
American Airlines (AAL) plans to suspend flights to 15 U.S. airports in October due to weak travel demand and expiration of the minimum-service requirement under the CARES Act.
Delta Plans to Reinstate More Than 50 International Services
by Zacks Equity Research
Among other services, Delta (DAL) expects to reinstate flights between Atlanta and Lagos, Boston and London-Heathrow as well as that connecting New York-JFK with Accra, Barcelona, Madrid and Rome.
New Strong Buy Stocks For August 24th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
Frontline (FRO) to Report Q2 Earnings: What's in the Offing?
by Zacks Equity Research
Coronavirus-induced low operating revenues are likely to have dented Frontline's (FRO) Q2 performance.
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
4 Transportation Stocks to Buy Amid Green Shoots of Recovery
by Maharathi Basu
Factors like strong e-commerce demand, low costs and an improvement in shipment volumes bode well for the transportation stocks.
Gol Linhas Grapples With Coronavirus Woes: Time to Dump?
by Zacks Equity Research
Weak air-travel demand due to coronavirus concerns is weighing significantly on Gol Linhas' (GOL) passenger revenues. The company's weak liquidity position adds to this burden.
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.
Here's Why Hawaiian Holdings Tanks 51.3% in the Past 6 Months
by Zacks Equity Research
The muted tourism to Hawaii hits Hawaiian Holdings (HA) hard.
Solid Cargo Revenues & Low Fuel Costs Aid Azul Amid Pandemic
by Zacks Equity Research
Azul faces dwindling air-travel demand due to the COVID-19 pandemic. However, lower fuel cost and strong cargo revenues are positives.
United Airlines to Boost China Service With Two More Flights
by Zacks Equity Research
United Airlines (UAL) will increase service between San Francisco and Shanghai to four weekly flights from two, effective Sep 4.
Jetblue (JBLU) Rides on Low Fuel Costs Amid Coronavirus Woes
by Zacks Equity Research
Jetblue (JBLU) faces dwindling air-travel demand due to the COVID-19 pandemic. However, lower fuel cost aids.
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.
Surge in Parcel Volume Aids ZTO Express (ZTO), Costs Hurt
by Zacks Equity Research
Increase in Express delivery revenues and rise in parcel volumes drive ZTO Express'(ZTO) financials. However, high costs are worrisome.
5 Top-Ranked Dividend Growth Stocks Still At Bargain Prices
by Sweta Killa
Stocks that have a strong history of dividend growth, as opposed to those that offer high yields, form a healthy portfolio with more scope for capital appreciation.
Alaska Air Expects August Cash Burn to Improve From July
by Zacks Equity Research
Alaska Air (ALK) expects August revenues to decline up to 75% as coronavirus-induced air-travel demand softness persists.
Will Nordic American Tankers' (NAT) Q2 Earnings Disappoint?
by Zacks Equity Research
Coronavirus-induced weak voyage revenues are likely to have dented Nordic American Tankers' (NAT) Q2 performance.
United Airlines to Add Up to 28 Daily Flights to Florida
by Zacks Equity Research
Amid signs of air-travel demand picking up, United Airlines (UAL) plans to add up to 28 daily nonstop flights to Florida this winter.
Here's Why Hold Strategy is Apt for Kansas City Southern
by Zacks Equity Research
Kansas City Southern (KSU) has been seeing volumes increase after the same bottomed in early May. Encouraged by this, the company resumed share repurchases.
Azul (AZUL) to Report Q2 Earnings: What's in the Offing?
by Zacks Equity Research
Coronavirus-induced low travel demand is likely to get reflected in Azul's (AZUL) Q2 performance.
Teekay Tankers (TNK) to Post Q2 Earnings: What's in Store?
by Zacks Equity Research
Coronavirus-induced supply-chain disruptions might hurt Teekay Tankers' (TNK) Q2 results.
5 Transportation Stocks Going Places
by Sejuti Banerjea
This industry houses companies with different prospects depending on their nature of business, their business models and the goods they deal in.
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.