|Bid||44.02 x 900|
|Ask||44.03 x 1800|
|Day's range||41.26 - 48.95|
|52-week range||17.80 - 96.03|
|Beta (5Y monthly)||1.46|
|PE ratio (TTM)||10.68|
|Earnings date||14 Jul 2020 - 20 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||07 Jan 2008|
|1y target est||36.21|
It seems like the worst is over for the airlines industry as the U.S. economy has started to reopen.
United Airlines Holdings Inc <UAL.O> is closing three out of four international bases for flight attendants, according to an internal memo seen by Reuters, saying it is not able to sustain the bases in the current environment. Airlines are bleeding cash as the coronavirus pandemic has decimated the aviation industry, with international flights hit especially hard by government travel restrictions and a lack of demand. Chicago-based United is closing its Frankfurt, Hong Kong, and Tokyo bases effective Oct. 1, while keeping London, United's head of inflight services John Slater said in the Friday memo to crew.
American Airlines (AAL) plans to boost flights by 74% in July, indicating that the coronavirus-led standstill in travel is over.
Shares of top airline stocks soared on Thursday after American Airlines (AAL) said it is planning on increasing flights for July amid a rise in demand and coronavirus lockdowns being lifted.
American Airlines and United Airlines announced Thursday they will add more flights in July amid improving demand, suggesting the industry had seen the worst of the hit from the coronavirus shutdowns. Citing increased interest from consumers in US states that have reopened more quickly from the restrictions imposed to contain COVID-19, American will fly 55 percent of its domestic schedule in July and nearly 20 percent of its international schedule. "Our July schedule includes the smallest year-over-year capacity reduction since March."
With demand for air travel dropping sharply, carriers like American Airlines (AAL) and United Airlines (UAL) are looking to slash their personnel in a cost-cutting bid.
The IATA forecasts global airline passenger revenue decline of approximately $314 billion during 2020, raising concerns for U.S. airline companies.
United Airlines (UAL) saw a big move last session, as its shares jumped nearly 13% on the day, amid huge volumes.
The Chinese government’s denial of U.S. airline carriers’ requests to resume passenger flights to and from China was met with a retaliatory measure from the U.S. Department of Transportation (DOT) on Wednesday.
Ryanair (RYAAY) operates 701 scheduled flights in May including those for carrying out rescue activities and dispatching medicines to the COVID-19-affected areas.
As part of Mileage Plan promotions, Alaska Air Group's (ALK) unit Alaska Airlines is extending a 50% bonus of elite qualifying miles for flights taken through the end of this year.
Delta (DAL) carries out a reshuffling process to align its staff size to future flying plans. To prevent furloughs in this regard, the carrier is working with the pilots' union.
United Airlines'(UAL) job cuts are part of its cost-cutting measures. The carrier had earlier warned of a 30% reduction in its administrative staff.
United (UAL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Chicago-based United said it is increasing trans-Atlantic service from Washington, D.C. and San Francisco to cities across Europe in July thanks to a modest rise in demand, and re-starting service to Tokyo-Haneda, Hong Kong, Singapore and Seoul.
American Airlines' (AAL) job cut plans are part of its cost-cutting measures as it prepares to operate a smaller airline for the foreseeable future.
Major U.S. airlines are cutting worker hours and encouraging employees to take voluntary leave or early retirement.
After a brief rally earlier in the week on hopes of an improving economy, airline shares are in the red once again on Thursday. Shares of American Airlines Group (NASDAQ: AAL) were down 6.6% as of 2:30 p.m. EDT and shares of United Airlines Holdings (NASDAQ: UAL) were down 4.4%. Delta Air Lines (NYSE: DAL), which earlier in the day was down 5.2%, had recovered some of that loss, but were still down on a day when broader markets are up.