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Zacks News
Why Did Airline Stocks Skyrocket on Thursday?
by Madeleine Johnson
Shares of top airline stocks soared on Thursday after American Airlines (AAL) said it is planning on increasing flights for July amid a rise in demand and coronavirus lockdowns being lifted.
Airline Stocks Fly Back into Play on New Bookings
by Mark Vickery
Airline stocks made a big push higher on the day, with the Big 4 seeing a 27% jump in June booking month over month.
Airline Stock Roundup: LTM Posts Q1 Loss on Coronavirus Woes, UAL, AAL in Focus
by Maharathi Basu
With demand for air travel dropping sharply, carriers like American Airlines (AAL) and United Airlines (UAL) are looking to slash their personnel in a cost-cutting bid.
Coronavirus Deals Fatal Blow to Airlines: Any Recovery in Sight?
by Zacks Equity Research
The IATA forecasts global airline passenger revenue decline of approximately $314 billion during 2020, raising concerns for U.S. airline companies.
Stock Market News for June 4, 2020
by Zacks Equity Research
Benchmarks ended in the green on Wednesday on signs that the economy is close to bottoming-out.
Coronavirus Woes Mar Ryanair's (RYAAY) May Traffic Results
by Zacks Equity Research
Ryanair (RYAAY) operates 701 scheduled flights in May including those for carrying out rescue activities and dispatching medicines to the COVID-19-affected areas.
American Airlines (AAL) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, American Airlines (AAL) closed at $11.22, marking a +0.99% move from the previous day.
The Keys to Successfully Timing the Markets - June 02, 2020
by Zacks Equity Research
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
Delta Tries to Protect Pilots From Involuntary Furloughs
by Zacks Equity Research
Delta (DAL) carries out a reshuffling process to align its staff size to future flying plans. To prevent furloughs in this regard, the carrier is working with the pilots' union.
Golar LNG (GLNG) Q1 Loss Wider Than Expected, Revenues Beat
by Zacks Equity Research
Golar LNG's (GLNG) Q1 revenues rise year over year, driven by an excellent performance in FLNG and solid seasonal results in shipping.
United Airlines to Cut 13 Officer Roles Amid COVID-19 Woes
by Zacks Equity Research
United Airlines'(UAL) job cuts are part of its cost-cutting measures. The carrier had earlier warned of a 30% reduction in its administrative staff.
Why Is American Airlines (AAL) Down 12.6% Since Last Earnings Report?
by Zacks Equity Research
American Airlines (AAL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Should You Buy Airline Stocks & ETF Upon Takeoff?
by Neena Mishra
The Airline ETF has seen enormous investor interest of late, find out why.
American Airlines Plans 30% Staff Cut, More Layoffs Likely
by Zacks Equity Research
American Airlines' (AAL) job cut plans are part of its cost-cutting measures as it prepares to operate a smaller airline for the foreseeable future.
Are Airline ETF & Stocks Ready to Take Off?
by Sweta Killa
Given the resumption of a higher number of flights ahead of the peak summer travel season, airline stocks and ETF are set to rebound strongly.
FOMO Trading Driving The Rotation Towards Value Stocks
by Daniel Laboe
The rotation towards value and cyclical stocks has put another marginal tailwind into the exhausted sails of the stock market, but I am not sure how much longer this rally can sustain
United Airlines (UAL) COO to Step Down, Focus on Cost Cuts
by Zacks Equity Research
United Airlines (UAL) COO is stepping down to focus on more important medium and long-term issues, including cost structure changes.
American Airlines (AAL) Clears Doubts Over Bankruptcy Filing
by Zacks Equity Research
American Airlines (AAL) is seeing modest increases in travel demand; does not think any airline would go out of business due to coronavirus concerns.
Big Day for Data: GDP, Jobless Claims, Novartis, Durable Goods & More
by Mark Vickery
Q1 GDP, Durable Goods and, of course, Initial Jobless Claims all hit the tape an hour before the bell, along with a new COVID-19 vaccine candidate and an executive order on social media.
Investors' Rotation To Value Stocks & The Battle At 3,000
by Daniel Laboe
As tech-heavy growth stocks appear to be running out of runway, the relatively cheap banks, airlines, and cruises lines are getting a boost with investors looking for somewhere to put their money to work
U.S. Airline Shares Rally on Easing Coronavirus-Led Travel Bans
by Zacks Equity Research
With easing travel restrictions, U.S. airlines are seeing modest increases in passenger numbers.
5 Airline Stocks Up 10%+ as Coronavirus Restrictions Ease
by Tirthankar Chakraborty
Airlines' improved cash flow and cost-control measures helped them with enough capital to tide over the crisis, and now with improved traffic, things are certainly looking up for airliners.
Delta (DAL) Plans to Add to Summer Capacity on Some Positives
by Zacks Equity Research
Delta (DAL) expects to add around 200 flights in June and another 200 or 300 flights in July on modest improvement in travel demand.
Should You Invest in the U.S. Global Jets ETF (JETS)?
by Sweta Killa
Sector ETF report for JETS
United Airlines Sees Modest Increase in Passenger Demand
by Zacks Equity Research
After a 95% drop in April gross bookings, United Airlines (UAL) witnesses a moderate rise in demand for the remainder of the second quarter of 2020.