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Markets jumped on Friday on news of progress treating COVID-19 and talk of soon reopening the economy, and airline stocks joined the surge higher. Airlines have been hit hard by the pandemic, and the industry needs a rapid recovery to avoid further downsizing. Shares of American Airli...
Airline stocks are underperforming on the day as more analysts express concerns that the huge bailouts won't be enough to compensate for crushing losses amid a collapse in demand. While the equity dilution risk for the carriers with the relief program is slightly lower than anticipated, the ...
Airline stocks flew higher at the open on Wednesday after the industry secured agreements with the Treasury Department for the first tranche of bailout funds, providing reassurance to investors worried the airlines could end up bankrupt due to the COVID-19 pandemic. Shares of JetBlue Airways...
The airlines secured the first tranche of their bailout late Tuesday, with a group of 10 public and privately held carriers agreeing to terms to receive some of the $25 billion in payroll support authorized under the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Th...
JPMorgan analyst Jamie Baker says the initial investor enthusiasm over the airline relief package is difficult to reconcile, and the firm remains concerned that the Treasury’s aggressive negotiating stance portends a difficult road ahead for the industry. More news on: American Airl...
Alaska Airlines (NYSE: ALK ), Allegiant Travel (NASDAQ: ALGT ), American Airlines (NASDAQ: AAL ), Delta Air Lines (NYSE: DAL ), Frontier Airlines, Hawaiian Airlines (NASDAQ: HA ), JetBlue (NASDAQ: JBLU ), United Airlines (NASDAQ: UAL ), SkyWest Airlines (NASDAQ: SKYW ) and Southwest Air...
Airline stocks were under pressure on Monday due to investor fears that the much-anticipated federal bailout funds might be more difficult to access than first imagined. A day later, the outlook for a bailout is much better, and airline stocks are responding with gains. Shares of United Airl...
Cowen's Helane Becker forecasts what the airline industry will look like on the other side of the pandemic. More news on: American Airlines Group Inc., Delta Air Lines, Inc., Southwest Airlines Co., Consumer stocks news, Read more ...
Airline industry officials expect all major airlines to accept the terms for grants, with some announcements expected as early as tomorrow. More news on: American Airlines Group Inc., United Airlines Holdings, Inc., Delta Air Lines, Inc., Consumer stocks news, Read more ...
Goldmans Sachs is out with a warning today indicating companies that landed government financial aid over history often rallied in the near term, but tended to lag the broader stock market in the medium term and longer. More news on: American Airlines Group Inc., Delta Air Lines, Inc., Sou...
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2024-07-31 00:45:14 ET Image source: The Motley Fool. Hawaiian (NASDAQ: HA) Q2 2024 Earnings Call Jul 30, 2024 , 4:30 p.m. ET Operator Continue reading For further details see: Hawaiian (HA) Q2 2024 Earnings Call Transcript
Hawaiian Holdings Reports 2024 Second Quarter Financial Results PR Newswire HONOLULU , July 30, 2024 /PRNewswire/ -- Hawaiian Holdings, Inc. (NASDAQ: HA) (the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results...
Barclays Renews Long-Standing Partnership with Hawaiian Airlines PR Newswire Partners since 2013, Hawaiian Airlines ® and Barclays US Consumer Bank will continue their consumer and small business credit card programs in a multi-year agreement. WILMINGTON, De...