Delta delays and United warns on job cuts
Delta Air Lines ([[DAL]] +1.0%) will delay a decision on pilot furloughs until November 1 in a move that gives it more time to get on solid financial footing. Delta and
Seekingalpha · 2h ago
United Airlines Sees 16K Direct Furloughs, 25K On Leave On Oct. 1
Reuters · 2h ago
Airline Stock Roundup: LUV's Bullish Cash Burn Update for Q3, UAL, DAL in Focus
Ryanair (RYAAY) cuts October capacity outlook further. Meanwhile, Southwest Airlines (LUV) comes out with better cash burn view.
Zacks · 5h ago
United Airlines Selected to be Official Airline of the Commission on Presidential Debates
The Commission on Presidential Debates (CPD) has selected United Airlines as the official airline for the 2020 Presidential and Vice Presidential Debates. United will fly 65 CPD staff and crew to each of the four debates being sponsored and produced by the Commission, starting with the first Presidential
PR Newswire · 6h ago
Tens of thousands to lose jobs without airline stimulus from Congress
Time is running out for Congress to pass a new economic stimulus plan that will help airlines avoid massive layoffs as the coronavirus pandemic continues to cripple the industry.
Yahoo Finance · 11h ago
'Alitalia airline offering 'Covid-tested' flights' - CNN
Benzinga · 11h ago
Republican senators introduce bill for $28 billion in additional aid for airline industry as job cuts loom
With aid for beleaguered carriers running out, two key Republican senators introduce legislation for more than $28 billion in additional aid for the airline industry. · 1d ago
Stocks Pare Earlier Losses as Nasdaq Closes Nearly Flat
U.S. indexes look to be on a path for another week of losses, as renewed fears of rising coronavirus infections rattled markets. · 1d ago
Here's what happened to the stock market on Monday
Concerns about the potential worsening of the pandemic, as well as uncertainty on further fiscal stimulus, sent the broader market lower. · 1d ago
American Airlines plans pilot training on Boeing 737 Max in November
American Airlines is planning to start training its pilots on a revamped Boeing 737 Max in November, as the recertification of the plane approaches. · 1d ago
U.S. airline stocks plunge on renewed lockdown fears
Shares of major U.S. airlines tumbled Monday, with Delta Air Lines Inc. undefined shares the worst hit and off nearly 9%. Airlines have been battling renewed...
MarketWatch · 1d ago
Stocks making the biggest moves midday: Nikola, JPMorgan Chase, Roku, Apple, Delta & more
Nikola shares plunge after its founder reigns. Oracle and Walmart buck the market's negative trend. · 1d ago
Airline stocks fall as summertime cheer over bookings fades into fall anxiety
The airline sector is down sharply in early trading on signs that bookings for fall travel will be weak amid more COVID-19 anxiety in Europe and elsewhere. Another consideration for
Seekingalpha · 1d ago
Stock market news live updates: Stocks sink as September gloom continues
Stocks sank Monday, following global equities lower and setting the three major indices up to extend last week’s sharp declines. The early moves lower came as concerns over stagnating coronavirus case improvement stoked fears of more lockdowns, and as political uncertainty nudged investors away from
Yahoo Finance · 1d ago
Wall Street Breakfast: Nikola In The Spotlight After Founder Resigns
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Nikola in the spotlight after founder resignsNikola (NKLA) shares tumbled 30% in premarket trade after founder Trevor Milton stepped down as executive chairman and member of the company's board, adding that he would defend himself against "false allegations leveled by outside detractors." The resignation comes in the wake of claims made by short-seller Hindenburg Research, who described Nikola as a "an intricate fraud built on dozens of lies," as well as reported SEC and DOJ investigations
Seekingalpha · 1d ago
Airlines Get Temporary Support From Loyalty Programs, But Long Term Still In Doubt
Airlines can probably beat the absurdly low Wall Street expectations.However, on the ground data shows there is a long ways to go before they can recover.Loyalty programs are valuable assets, but using them as collateral is only a temporary solution.If traveler numbers pickup, JETS would likely surge.
Seekingalpha · 2d ago
Travel related stocks tumble on U.K. lockdown fears
Cruise line stocks comprise three of the five biggest decliners today on the S&P 500, as Prime Minister Johnson said the U.K. is "now seeing a second wave coming in"
Seekingalpha · 4d ago
Will All United Airlines' Pilots be on Payroll October Onward?
The favorable vote by union leaders is a positive step toward sustaining jobs of thousands of pilots at United Airlines (UAL).
Zacks · 4d ago
Why You Want to Own United Airlines Stock Now
It's no secret that airline stocks are still suffering tremendously from the crowd-phobia that the novel coronavirus created. United Airlines (NASDAQ:UAL) is down more than 55% this year and lagging 10% behind American (NYSE:AAL) and Delta (NYSE:DAL), and 50% behind Southwest Airlines (NYSE:LUV).
InvestorPlace · 4d ago
Airline CEOs Press White House For More Aid As Big Deadline Nears
Investor's Business Daily · 5d ago