In an effort to survive, airlines are desperately trying to convince a convincing audience that measures such as mandatory face masks and hospital-class air filters sitting in an airplane are safer than many other indoor settings during the coronavirus pandemic. It does not work. Research indicates that instead of becoming …
Read More »European stocks tumbled on sluggish Chinese data and France’s British quarantine
Published: August 14, 2020 at 5:27 AM ET European equities fell sharply on Friday as the UK’s move to add France to its list of quarantined travel stocks and Chinese economic data disappointed. Continued delays and concerns about a fresh round of U.S. stimulus also weighed on sentiment, and investors …
Read More »Airline shares rise as travel demand increases, reaching new post-COVID-19 heights
Airline shares were broadly higher on Tuesday, stimulated by a continuing rebound in demand from travelers for fresh post-COVID-19 highs and notable analyst remarks that stimulate investor interest. The US Global Jets exchanged trade found JETS, + 1.03% rose 3% to a nearly two-month high in morning trading. The ETF …
Read More »European stocks and Dow futures rally in hopes of boosting US stimulus and virus trends
A staff member wearing a protective face mask at the Holiday Inn Whitechapel hotel, operated by InterContinental Hotels Group, is clearing a Perspex screen ahead of the reopening of the hotel for general bookings in London, England, on 3 July 2020. Chris Ratcliffe / Bloomberg News European stocks rose on …
Read More »The airline had a bad quarter. Analysts look at what comes next.
Text size Joe Raedle / Getty Images Major airlines survived what was probably the worst quarter in modern aviation history. Carriers lost billions of dollars, as expected, and the issue that emerged is that their recovery stalled in July when Covid-19 cases increased and states imposed quarantine measures. Most airlines …
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