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Zacks News
The Coronavirus is Impacting US Airlines in Major Ways
by Madeleine Johnson
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.
American Airlines to Ask for Coronavirus Fund: Hopes for $12B Aid
by Zacks Equity Research
American Airlines (AAL) assures to sustain jobs and pay packets for six months by choosing to apply for the coronavirus-related government relief.
Alaska Air Group Stock Sinks 40.3% in a Month: Here's Why
by Zacks Equity Research
In the face of air-travel demand going downhill, Alaska Air Group's (ALK) unit Alaska Airlines slashes capacity for April and May.
Hawaiian Holdings Stock Plunges 45% in a Month: Here's Why
by Zacks Equity Research
To tackle coronavirus led issues, Hawaiian Holdings' (HA) unit Hawaiian Airlines suspends its first-quarter and 2020 guidance
Stock Market News for Mar 30, 2020
by Zacks Equity Research
Benchmarks ended in the negative territory on Friday as a steep rise in coronavirus cases in the United States weighed on investors' sentiments.
Implied Volatility Surging for United Airlines (UAL) Stock Options
by Zacks Equity Research
Investors need to pay close attention to United Airlines (UAL) stock based on the movements in the options market lately.
US Airlines Consider Downsizing Despite Coronavirus Aid
by Zacks Equity Research
Some U.S. airlines paint a bleak picture despite the coronavirus rescue package offering them $25 billion in grants to bear their payroll expenses over the next six months.
U.S. Airlines: Is All Well Despite the Coronavirus Relief Law?
by Maharathi Basu
U.S. passenger airlines are eligible to receive $25 billion in grants under the stimulus package for meeting their payroll expenses over the next six months.
Senate's $58B Bill to Aid U.S. Airliners: Stocks in Focus
by Zacks Equity Research
The U.S. Senate's rescue package includes a $58 billion financial aid in the form of grants and loans, for the struggling U.S. airline industry.
Airlines Stocks & ETF Fly Higher on Stimulus Package
by Sanghamitra Saha
The airlines ETF, one of the worst-hit by the coronavirus effect, started to soar on the hopes of U.S. government aid.
United Airlines to Cut Domestic Capacity by 52% in April
by Zacks Equity Research
With diminishing air-travel demand amid coronavirus concerns, United Airlines (UAL) plans to cut 68% of its total capacity for April.
Alaska Airlines to Slash Capacity by 70%, Suspends Dividends
by Zacks Equity Research
Historic decline in demand forces Alaska Airlines, the unit of Alaska Air Group (ALK), to cut capacity by 70% for April. The flight cancellations are expected to continue in the next several months.
Gol Linhas to Cancel International Flights on Coronavirus Woes
by Zacks Equity Research
Apart from international flight cancellations, Gol Linhas (GOL) plans to reduce domestic capacity by 92%.
United Airlines Stock Sinks 57% in a Month: Here's Why
by Zacks Equity Research
To tackle the coronavirus-inflicted tepid demand scenario, United Airlines (UAL) aims to taper its international flights by 90% in April.
Hawaiian Airlines Suspends Q1 & 2020 View on Coronavirus Woes
by Zacks Equity Research
With tumbling travel demand, Hawaiian Holdings (HA) unit Hawaiian Airlines withdraws guidance. Also, with the government quarantine order, the airline plans to reduce Neighbor Island flights.
United Airlines (UAL) Catches Eye: Stock Jumps 7.1%
by Zacks Equity Research
United Airlines (UAL) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, Southwest Airlines, JetBlue Airways and American Airlines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, Southwest Airlines, JetBlue Airways and American Airlines
United Airlines (UAL) Brings Back Some Global Services
by Zacks Equity Research
United Airlines (UAL) restores some of its global flights so that customers relocated to different parts of the world can get back home.
U.S. Airlines' Coronavirus Cash Grant: Will Federal Help Come?
by Maharathi Basu
Airlines are seeking federal help to reinforce their liquidity positions, which remain stressed due to the rampant coronavirus spread.
Delta's Q2 Revenues May Be Hit by $10B Due to Coronavirus
by Zacks Equity Research
As demand continues to fall in the wake of the coronavirus outbreak, Delta (DAL) expects second-quarter revenues to drop 80% year over year.
Stock Market News for Mar 19, 2020
by Zacks Equity Research
U.S. stocks closed sharply lower on Wednesday reversing gains of the previous and ended at yet another new low.
United Airlines Cuts Capacity Under Coronavirus Uncertainty
by Zacks Equity Research
To manage the coronavirus-inflicted tepid demand scenario, United Airlines (UAL) aims for a 60% schedule reduction for April.
Here's How Coronavirus & Fed Rate Cut May Impact Bank Stocks
by Zacks Equity Research
The Federal Reserve's monetary stimulus may provide support to individuals and businesses but the banking business may take a hit in the long run. Here's why.
Wall Street Continues to Witness Extreme Volatility
by Zacks Equity Research
Wall Street Continues to Witness Extreme Volatility.
Crest of the Wave in Sight: Commercial Paper, Congress Bailout & More
by Mark Vickery
The cresting of the coronavirus wave has yet to even reach us, yet the magnitude of what's to come is now more enormous than most had been considering.