Topline Shares of major airlines like Delta, American and United Airlines all surged on Monday, the first day of trading in 2022, as investors bet on a rebound in travel later this year—even after thousands of flights were cancelled over the holiday season amid a surge in new Covid cases. Shares of major airlines jumped …
Here’s Why Airline Stocks Are Rising Despite The Flight Cancellation Nightmare Read More »
Getty Images Getty Images Key Takeaways: Will Santa Claus Deliver for Investors this Week? Gross Output (GO) Grew in Q3 Signaling Economic Strength France and Luxury Goods Have Led European Markets Higher The United States kicks off the week as much of Europe is recognizing the Christmas holiday on Monday. Despite the approaching New Year’s …
United And American Airlines Lower In Premarket Trading As Omicron Infects Flight Crews Read More »
Coronavirus and DNA, virus mutation. New variant and strain of SARS CoV 2. Microscopic view. 3D … [+] rendering getty Omicron is the name of the new Covid-19 variant identified by the World Health Organization and new travel restrictions are already going into effect. That news today led to dramatic selling in market sectors directly …
Airline, Cruise, Resort Stocks Tank Big On Covid-19 Variant News Read More »
American Airlines Group Inc.’s pilots called on the U.S. government to pay for enough jetliner seats to enable social distancing during the coronavirus pandemic, saying the move would help support carriers through the worst collapse in industry history. The estimated cost of the proposal would be about $1.9 billion a month for the 10 largest …
Chinese airlines will now be able to fly to the U.S. up to four times a week, the U.S. Department of Transportation (DOT) said Monday, doubling the current number of permitted flights for those carriers. The DOT said the expansion was a response to China allowing U.S. airlines the same flight frequency—four per week—to China. …
U.S. and China ease coronavirus flight restrictions again after an earlier standoff Read More »
