Tag: travel industry

Finance Tech, Industries, Others, Trading

Traders lay out a triple stock play to bet on a travel rebound

February 8, 2021


Changes are coming to travel amid the coronavirus pandemic. The Transportation Security Administration says it will now issue fines to travelers who failed to wear a mask while in transit. The fines could be as large as $1,500. That development […]

Industries, Others

Ryanair is ‘essentially’ writing off its business until Europe can improve its COVID vaccine rollout

February 1, 2021

Via: Fortune

Ryanair Holdings Plc. is counting on a rapid rollout of coronavirus vaccines to deliver a late-summer travel surge and help the low-cost carrier recover from an annual loss that could reach 950 million euros ($1.1 billion). While Easter is “essentially […]

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. […]

Financial Services, Industries

Mastercard Posts Earnings Beat but Travel Downturn Hits Revenue

October 28, 2020

Via: TheStreet

Mastercard (MA) – Get Report on Wednesday posted better-than-expected third-quarter earnings as consumers continued to pivot away from cash and toward plastic for both online and in-person transactions, though a drop in travel and leisure activity due to the pandemic […]

Finance Tech, Trading

These stocks have been crushed since the coronavirus began to take down the U.S. market

February 28, 2020

Via: Market Watch

The benchmark S&P 500 Index of U.S. stocks fell for a sixth straight day since hitting a closing high Feb. 19, as losses accelerated. The S&P 500 plunged 4.4% Thursday, bringing the six-day drop to 12%. Thursday was the worst […]