Text size Two analysts covering Southwest Airlines took two different tacks on the action, with one analyst raising the target price and the other lowering the equivalent of Hold. However, in the era of the coronavirus pandemic, Southwest has been one of the toughest airline stocks. Ethan Miller / Getty …
Read More »Airlines are taking new bailout cash as prospects worsen
Text size Daniel Slim / AFP via Getty Images American Airlines Group and other companies are queuing for more rescue funds under the Care Act, as the industry faces an increasingly precarious situation due to an increase in coronavirus cases. Five major airlines signed a letter of intent with the …
Read More »As Covid-19 increases, economic and political uncertainties return
Text size Johannes Eisele / AFP via Getty Images Almost mid-2020, one of the many ironies of the year is that its number is associated with perfect vision. Just as no one could have foreseen the coronavirus calamity when the year began, the view into the second half remains hazy. …
Read More »Key Boeing supplier gets more bad news about 737 MAX
Text size Photograph by David Ryder / Getty Images Spirit AeroSystems said Monday night that Boeing asked it to produce fewer 737 MAX bodies, a story that not only jeopardizes the supplier’s financial health, but also means that the drama about the plane on the ground is far from over …
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