MESA News and Press, Mesa Air Group Inc. From 10/02/20

In agreement with its pilots, Mesa Air Group ([[MESA]] +2.1%) will avoid furloughing any employee for the remainder of 2020.The company remains hopeful Congress will extend the Payroll Support Program to further protect its employees in case the pandemic continues to have a negative impact on...

Mesa Air Group([[MESA]] +3.4%) says it reached an agreement with its pilots that will enable the company to avoid furloughing any employees for the rest of the year. The company notes that it remains hopeful Congress will extend the Payroll Support Program to further protect its employee...

PHOENIX, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) is pleased to announce the company has reached an agreement with its pilots, represented by the Air Line Pilots Association, that will enable the company to avoid furloughing any employee for the remain...

In a swing of sentiment, airline stocks are higher on enthusiasm that a government relief deal can be reached. Speaker of the House Nancy Pelosi is urging airlines to hold back on furloughing actions or job cuts with talks advancing. Earlier in the day, there was concern that a deal could be ...

U.S. airlines are expected to announce layoffs as early as tomorrow unless a new federal relief package is passed. Carriers could announce the cuts even if talks suddenly progress as they look to reduce their monthly cash burn amid low demand for business travel.The cuts could numbers in...

A steady stream of negative COVID-19 developments (NFL cases, Angela Merkel warnings, 1M global deaths) has tripped up sentiment in the travel and leisures sectors. The selling pressure runs from theme parks and casinos to airlines and hotels. Notable decliners include OneSpaWorld ([[OSW]] -7...

Airline stocks are underperformers on the day as the drama over more government aid continues to play out even as some major airlines agree to delays in pilot furloughs. Of course, the main problem in the industry of too few bookings is a global one that is expected to last for a while. Carri...

Talk about the Holy Grail in seeing airline traffic return to pre-pandemic levels. Lufthansa (DLAKF) is in talks with Swiss drugmaker Roche (RHHBY) over deploying so-called antigen tests, sources tip Reuters. The airline is looking to make the tests available as early as next month.The tests ...

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 the sector is the drumbeat of warnings from Big Pharma on the length of time and complexity of a mass distribut...

Major airline CEOs will meet with White House Chief of Staff Mark Meadows today as the industry gets closer to what it is anticipated to be major job cut announcements in October. More news on: American Airlines Group Inc., Delta Air Lines, Inc., Southwest Airlines Co., Consumer stocks n...