See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Delta Air Lines, Inc. (DAL) - free report >>
United Airlines Holdings Inc (UAL) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Delta Air Lines, Inc. (DAL) - free report >>
United Airlines Holdings Inc (UAL) - free report >>
The Coronavirus is Impacting US Airlines in Major Ways
Airlines is just one of the many industries that the coronavirus pandemic has shaken up. The majority of Americans have now been directed to stay at home as much as possible, and to limit their travel, especially air travel, to help curb the spread of COVID-19.
United (UAL - Free Report) , Delta (DAL - Free Report) , and American (AAL - Free Report) expect to fly just a fraction of their domestic and international schedule over the next few months, while Southwest (LUV - Free Report) is cutting 1,500 of its 4,000 daily flights.
These schedule cuts also mean more grounded planes and less needed employees. Pilots, flight attendants, and other workers have either been furloughed or taken unpaid leave; some pilots have even accepted early retirement.
Major US airports now resemble ghost towns, and TSA has reduced the number of security checkpoints since so few people are currently flying. Airlines are also closing premium lounges and cutting back on amenities.
However, the need for cargo shipping has grown. American and other airlines are now flying cargo-only flights to help ship in-demand items like medical supplies.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>