Airline stocks suffered big losses on Monday, after data from the US Transportation Security Administration showed that travel demand declined last week to break a streak of 12-week increases from the bottom. of COVID-19 in mid-April. The drop in demand comes as the number of new cases of COVID-19 in …
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American Airlines AAL, -1.98% It has come under scrutiny for its decision not to block intermediate seats on flights in the name of preventing coronavirus transmission, but many other airlines have taken the same stance. The airline announced last week that starting Wednesday, July 1, it will resume booking flights …
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Shares of American Airlines Group Inc. sank to a seventh consecutive loss on Thursday, triggering a rebound in the broader airline sector, as continued improvement in travel demand collides with an increase in new COVID-19 cases to keep Wall Street sentiment under control. American Airlines USA Shares: AAL It plunged …
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