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Bank of America reports that airlines bookings took a slight step back with sales tracking at -66.4% vs 2019 for the week ending September 12 vs. -63.9% for the week prior. The latest TSA numbers also show slowing momentum. "After seeing strong TSA throughput numbers around the Labor day week...
Airline stocks are on the rise after Ryanair (RYAAY +7.5%) boosted its five-year passenger forecast, citing pent-up travel demand in Europe and abroad. News that Britain may loosen its international travel restrictions, no longer requiring quarantines or negative tests after travel to the maj...
Airline booking trends have stabilized after an uneven stretch that saw deceleration amid concerns over the Delta COVID variant, according to the latest report from Bank of America. System sales were down 62.0% and domestic volume was off 29.9% compared to 2019 levels, which is noted to be ri...
Allegiant Reports August 2021 Traffic PR Newswire LAS VEGAS , Sept. 9, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2021 . "As we have transitioned from our pe...
Airline stocks are on watch after a wave of guidance cuts arrived in this morning. Southwest Airlines (NYSE:LUV), United Airlines (NASDAQ:UAL), JetBlue (NASDAQ:JBLU), American Airlines (NASDAQ:AAL) and Delta Air Lines (NYSE:DAL) have all guided for lower Q3 revenue and capacity due to softer ...
Allegiant Kicks Off Football Season With Raider Nation, Introducing A Sleek Silver & Black Aircraft Allegiant Kicks Off Football Season With Raider Nation, Introducing A Sleek Silver & Black Aircraft PR Newswire LAS VEGAS , Sept. 8, 2021 /PRNewswi...
Bank of America reports airline tickets sales for the week ending August 29 improved to -51.9% the 2019 level from -61.5% for the week prior. The firm notes that a slight shift in the Labor Day holiday and the impact of Hurricane Dorian in 2019 impacted the comparison. "When we compare net sa...
Allegiant Announces Exclusive Las Vegas Travel Packages Specially Designed For Football Fans The Las Vegas-based airline introduces a first-of-its-kind travel bundle including airfare, hotel accommodations, and tickets to see Raiders home games at Allegiant Stadium PR Newswi...
The airline industry recovery took another step back with system sales decelerating for the fifth straight week. Sales were down 61.5% vs. 2019 for the week ending August 22 vs. -58.9% last week, per tracking by Bank of America. BofA notes some stabilization in demand as domestic and internat...
Airline bookings for U.S. carriers decelerated for the fourth straight week with a significant step back to down -58.9% vs 2019 for the week ending August 15, per data from Bank of America. That is a notable drop from the -53.8% pace in the prior week and the worst level since the middle part...
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