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The U.S. Treasury Department says it has closed loans to seven passenger airlines - American (AAL), United (UAL), Alaska Airlines (ALK), Frontier Airlines (FRNT), JetBlue (JBLU), Hawaiian Airlines (HA) and SkyWest (SKYW) - and calls on Congress to extend more aid to prevent massive job cuts.S...
SkyWest ([[SKYW]] -4.8%) and its wholly-owned subsidiary SkyWest Airlines entered into a five-year Loan and Guarantee Agreement with the U.S. Treasury Department which provides SkyWest Airlines with a secured term loan facility to borrow up to $573M under the CARES Act.On entering the lo...
SkyWest ([[SKYW]] -4.2%) discloses that it entered into a five-year loan and guarantee agreement with the Treasury Department to provide it with a secured term loan facility to borrow up to $573M under the CARES Act.Upon entering the agreement, SkyWest Airlines borrowed $60M under the fa...
SkyWest enters into a $573 million Secured Loan Facility under CARES Act PR Newswire ST. GEORGE, Utah, Sept. 29, 2020 ST. GEORGE, Utah , Sept. 29, 2020 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today announced that it and its wholly-owned subsi...
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...
Energy Transfer (ET), SkyWest (SKYW), Guangshen Railway (GSH), and Clear Channel Outdoor Holdings (CCO) are four stocks recently downgraded by the POWR Ratings. Investors looking to add long exposure should avoid these stocks. POWR Rating Downgrades The POWR Ra...
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...
"We believe a return to the post-pandemic high of 863,000 could spur a second big wave of airline equity buying, making now a potentially opportune time to consider getting exposure." More news on: ETF Series Solutions - U.S. Global Jets ETF, American Airlines Group Inc., Delta Air Lines, ...
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Second Quarter 2024 Summary Q2 2024 pre-tax income of $102 million, net income of $76 million, or $1.82 per diluted share SkyWest took delivery of eight of the 20 E175 partner-financed aircraft under a previously announced agreement with United Airlines Block hour production incre...
2024-07-19 08:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, July 25, 2024 to discuss second quarter 2024 results. The format will include an overview of the quarterly results followed by a Q&A session. Thursday, July 25, 2024 2:30...