Tag: Airline stocks

Industries, Others

Air travel jumps as vaccinations spur bookings, stocks surge

March 15, 2021


Travelers are returning to the skies, fueling optimism among airline CEOs that the battered industry has turned a corner in the coronavirus pandemic. The Transportation Security Administration screened more than 1.34 million people on Sunday, 86,000 more people than the […]

Industries, Others

Airline stocks fall after EU leaders impose travel curbs within the bloc

January 22, 2021


Airline shares dropped on Friday after European governments announced further travel restrictions to fight growing Covid infection rates and highly-infectious variants. European leaders agreed on Thursday to keep their borders open but to discourage any non-essential travel. This means citizens […]

Industries, Others

Airline stocks slide as highly contagious Covid mutation in U.K. prompts travel restrictions

December 21, 2020


Airline stocks slipped Monday as a highly contagious mutation of Covid-19 found in the U.K. and South Africa prompted travel restrictions by more than two-dozen countries. Countries from Italy to India to El Salvador have banned flights from the U.K. […]

Industries, Others

Airlines saw an immediate boost in passenger bookings following vaccine announcements

November 17, 2020

Via: Fortune

Good news on the vaccine front has had an immediate and tantalizing effect on the travel sector, suggesting many passengers are raring to get going again. On Tuesday, the U.K.-based low-cost airline EasyJet issued results that were mostly gloomy—it posted […]

Finance Tech, Trading

Wall Street opens 2% lower as Coronavirus hits California, airline stocks

March 5, 2020

Via: Business Standard

U.S. stock indexes dropped more than 2% on Thursday as the swift spread of the coronavirus in the United States led California to declare an emergency, while airline stocks were hammered by crippled travel demand. Down almost 12% last week […]

Finance Tech, Trading

Buyer beware: Airline stocks are a ‘value trap,’ warns expert

January 15, 2019


Airline stocks can’t seem to catch a break. The NYSE Arca Airline Index, which tracks U.S. and international carriers, lagged the broader market in 2018 — dropping nearly 21 percent compared with the S&P’s decline of more than 6 percent […]

Finance Tech, Industries, Others, Trading

Airline shares are dropping after United forecast raises price-war concerns

January 24, 2018


Airline stocks fell in the premarket Wednesday after United Continental’s growth plans raised concern it could drive down fares. Shares of United pulled back 6.7 percent and were the biggest decliners in the S&P 500. Delta Air Lines fell 4.6 […]