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Southwest Airlines (NYSE: LUV ) is up 1.65% in early trading to lead the airline sector after landing a two-notch upgrade from Goldman Sachs. More news on: Southwest Airlines Co., Consumer stocks news, Read more ...
U.S. stock futures rose on Monday even as U.S. coronavirus cases continued to surge. Futures for Dow Jones Industrials vaulted 211 points, or 0.9%, early Monday, to 25, 161. Futures for the S&P 500 improved 16 points, or 0.5%, to 3,023. Futures for the NASDAQ Composite Index in...
The trouble for airlines isn't restricted to the travel volume dampening effect of COVID-19. This crisis has sparked a permanent change in how businesses approach in-person meetings, and business travel may never recover to pre-COVID levels, thanks to online video conferencing. Airlines are al...
Co-produced with Trapping Value It is easy to pass judgement with perfect 20:20 hindsight. We saw that in the recent extreme market volatility as everyone had pangs of selling too soon or buying too early. We also saw a lot of flak being dished out at the greatest investor of all t...
Thesis Summary The airline industry has been under scrutiny in the last few months. With the hopes that the worst is now behind us, investors are now looking at airlines as potential baggers over the next few months. For this reason, we have reviewed five major airlines in the industry to de...
Hawaiian Holdings ( HA ) is in the middle of a crisis. In late May, the Hawaiian governor decided to extend the mandatory quarantine for all of the arriving passengers beyond June. As a result, all the tourists that will come to Hawaii in the next few weeks will be put into quarantine for 14...
As the global airline industry continues to plot a path to recovery from the SARS-CoV-2 virus crisis, the specific hurdles each airline must clear to recover become more clear. The International Air Transport Association expects losses for global airlines to exceed $84 billion. Countries in Eu...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . The Federal Reserve is putting fresh limits on the U.S. banking industry after annual stress tests found that several institutions...
CEOs of American Airlines (NASDAQ: AAL ), Delta (NYSE: DAL ), United (NASDAQ: UAL ), Southwest (NYSE: LUV ) and JetBlue (NASDAQ: JBLU ) are heading to the White House today to discuss a range of coronavirus-related travel issues with VP Mike Pence and other senior U.S. officials. More news...
DALLAS , June 25, 2020 /PRNewswire/ --—June 25, 2020— Southwest Airlines Co. (NYSE: LUV) today announced a donation of $1 million across more than 100 organizations serving children, families, and communities across the United States to commemorate the carrier's ...
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2024-05-16 07:30:00 ET In recent years, Southwest Airlines Co. (NYSE:LUV) has weathered its fair share of challenges. From operational hurdles to strategic decisions, the company has navigated through turbulent times. However, amidst these difficulties, there are indications that Southw...
HSBC analyst Achal Kumar initiated coverage on several airline stocks. The analyst writes that there is a continued recovery in corporate ...
Aloha Air Cargo has decided to close its Los Angeles-Honolulu lane, effective June 1, because of weak demand, FreightWaves has learned. The route ...