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 …
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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 …
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Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
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Shares of FedEx Corp. and United Parcel Service Inc. rose on Monday, to deliver a more than 120-point boost to the Dow Jones Transportation Average, amid Bullish analysts’ remarks about the package delivery giants given signs of increasing e-commerce volume and improved prices. FedEx’s stock FDX, + 8.96% shot up …
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Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
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