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CNBC Television
2021-12-27 08:34:00
https://www.youtube.com/watch?v=LW4tVWTVxSI&ab_channel=CNBCTelevision
Helane Becker, senior research analyst at Cowen, joins CNBC's 'Squawk Box' to discuss the holiday weekend's mass flight cancellations amid the worrisome omicron Covid-19 variant.
Travel uptick expected in February, will remain strong through summer: Cowen's Becker
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Business Insider
2021-12-27 06:02:50
https://www.businessinsider.com/flight-cancellations-omicron-covid-coronavirus-bad-weather-airlines-travel-holiday-2021-12
Around a third of the flights canceled on Monday were set to depart from or arrive in the US, including routes operated by United and American Airlines.
Airlines canceled more than 2,000 flights on Monday as rising Omicron cases wreak havoc on the travel industry
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CNBC
2021-12-26 09:54:30
https://www.cnbc.com/2021/12/26/omicron-drives-christmas-weekend-flight-cancellations-above-1500.html
Airlines have cancelled hundreds of flights since Christmas Eve as more employees test positive for Covid-19.
Omicron drives Christmas weekend flight cancellations above 1,500
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Forbes
2021-12-24 05:55:38
https://www.forbes.com/sites/benbaldanza/2021/12/24/five-bold-2022-predictions-for-the-us-airline-industry/
It's hard to predict a year ahead in the U.S. airline industry, when things are changing every week. But looking forward, I see five trends that are likely given the state of the industry at the end of 2021.
Five Bold 2022 Predictions For The U.S. Airline Industry
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CNBC
2021-12-23 17:40:28
https://www.cnbc.com/2021/12/23/airline-industry-pushes-cdc-to-cut-breakthrough-covid-quarantine-time.html
The CDC currently recommends a 10-day quarantine after testing positive for Covid.
U.S. airline industry steps up push for CDC to cut quarantine time for breakthrough Covid cases, warning of labor shortages
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Forbes
2021-12-23 16:07:32
https://www.forbes.com/sites/tedreed/2021/12/23/as-huge-crowds-fly-despite-omicron-good-weather-is-helping-american-airlines-operations/
Clear weather in Charlotte and Dallas has helped American Airlines to exceptionally good operations this week, when every day is a busy Christmas travel days.
As Huge Crowds Fly Despite Omicron, Good Weather Is Helping American Airlines Operations
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CNBC
2021-12-23 12:29:18
https://www.cnbc.com/2021/12/23/airlines-request-to-reduce-covid-quarantine-time-wrong-move-flight-attendant-union-says.html
Cutting Covid isolation time may put flight attendants in a "position to be forced to come back before they feel better," head of the largest flight attendants union says
Airlines' request to reduce Covid quarantine time 'wrong move,' flight attendants union says
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Seeking Alpha
2021-12-23 08:25:00
https://seekingalpha.com/article/4476455-buy-the-dip-2-more-top-picks-for-2022
Buy The Dip: 2 More 'Top Picks' For 2022
Buy The Dip: 2 More 'Top Picks' For 2022
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CNBC Television
2021-12-22 20:15:19
https://www.youtube.com/watch?v=E5DJ3ScM8J4
NBC's Kerry Sanders joins Shep Smith to report on airlines' warnings that 5G could cause major disruptions for flights, saying it could cause issues with plane altimeters.
5G network could wreak havoc on flights, according to airline CEOs
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CNN Business
2021-12-22 14:04:37
https://www.cnn.com/2021/12/22/investing/travel-stocks-omicron/index.html
Despite the Omicron variant of Covid-19, some travel restrictions and event cancellations, it seems many Americans are still getting ready to go away for the holidays — and planning much-needed vacations for 2022.
Omicron isn't hurting travel stocks. Here's why
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Seeking Alpha
2021-12-22 13:26:17
https://seekingalpha.com/article/4476443-american-airlines-stock-forecast
American Airlines has long been the most indebted, lowest market cap, and least profitable of the big 4 U.S. airlines. American Airlines has outlined a number of positive factors that could improve the company's performance, including relative to its peers.
American Airlines Stock Forecast Includes Positive Factors
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Reuters
2021-12-22 10:48:00
https://www.reuters.com/markets/stocks/american-airlines-launches-rights-issue-plan-protect-165-bln-tax-benefit-2021-12-22/
American Airlines Group Inc said on Wednesday it was seeking shareholder approval for a rights offering plan to avert any hostile takeovers and preserve a $16.5 billion tax benefit, as the industry grapples with the Omicron coronavirus variant.
American Airlines launches rights issue plan to protect $16.5 billion tax benefit
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Market Watch
2021-12-22 08:50:57
https://www.marketwatch.com/story/american-airlines-declares-preferred-stock-purchase-right-for-shareholders-as-part-of-tax-benefit-preservation-plan-2021-12-22
American Airlines Group Inc. AAL, +4.74% said Wednesday its board of directors adopted a tax benefit preservation plan to help preserve the value of its net operating losses and other tax attributes. The carrier said its cumulative U.S. federal net operating loss carryforwards exceed $16.5 billion, which can be used to...
American Airlines declares preferred stock purchase right for shareholders as part of tax benefit preservation plan
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The Motley Fool
2021-12-20 16:32:57
https://www.fool.com/investing/2021/12/20/why-airline-stocks-are-volatile-today/
Investors don't know what to think of the latest COVID headlines.
Why Airline Stocks Are Volatile Today
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CNBC Television
2021-12-20 12:15:43
https://www.youtube.com/watch?v=0lqw0BEicr4
CNBC's Phil LeBeau joins 'Squawk on the Street' to report on potential holiday travel headwinds amid rising Covid-19 cases.
Domestic holiday travel remains strong despite omicron variant
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Zacks Investment Research
2021-12-20 12:15:08
https://www.zacks.com/stock/news/1841235/american-airlines-aal-jetblue-to-add-routes-under-nea
American Airlines (AAL), along with JetBlue, plans to offer more than 700 daily flights from New York and Boston next summer under the NEA.
American Airlines (AAL), JetBlue to Add Routes Under NEA
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InvestorPlace
2021-12-20 11:48:52
https://investorplace.com/2021/12/monday-market-news-why-are-stocks-down-today/
Stocks are down today thanks to a couple of reasons and we're diving into the why behind that in our Monday market update! The post Monday Market News: Why Are Stocks Down Today?
Monday Market News: Why Are Stocks Down Today?
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Schaeffers Research
2021-12-20 10:25:38
https://www.schaeffersresearch.com/content/news/2021/12/20/airline-stocks-feeling-the-weight-of-the-omicron-strain
The airline sector initially buckled under the weight of the Covid-19 omicron variant on Monday morning, amid reports of the strain's rapid spread, which is threatening to shut down holiday plans for many.
2 Airline Stocks Shaking Off Omicron Fears
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CNBC Television
2021-12-20 09:30:00
https://www.youtube.com/watch?v=zG6U-WjiJ3g&ab_channel=CNBCTelevision
Sheila Kahyaoglu, aerospace and defense analyst at Jefferies, joins CNBC's 'Squawk Box' to discuss how the latest Covid-19 surge is impacting travel.
More travelers are rerouting from international to domestic amid omicron: Jefferies analyst
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Barrons
2021-12-17 18:00:00
https://www.barrons.com/articles/travel-stocks-sector-outlook-51639762697
Travel and leisure stocks, pounded by fears of Covid-19 for nearly two years, may not fare much better in the first part of 2022.
For Travel Stocks, the Flight Has Been Delayed—Again
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Forbes
2021-12-17 11:14:39
https://www.forbes.com/sites/tedreed/2021/12/17/can-booming-miami-international-airport-lift-american-airlines/
As Robert Isom looks to take over as American Airlines CEO on March 31, his reign over the biggest airline may get an early lift from American's largest international gateway.
Can Booming Miami International Airport Lift American Airlines?
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Yahoo Finance
2021-12-16 12:07:10
https://www.youtube.com/watch?v=lYUwScqo6_0
Yahoo Finance's Adam Shapiro breaks down the Congressional hearing where airline CEOs testified about the travel recovery, alcohol use among passengers, worker shortage, and vaccine mandates.
Airline CEOs clash with lawmakers over travel recovery, pilot shortage
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PYMNTS
2021-12-16 10:52:20
https://www.pymnts.com/travel-payments/2021/senate-grills-airline-execs-over-refund-complaints-covid-flight-cancellations/
Airline cancellations are making news again as the omicron variant brings its own disruption, refueling a drama playing out over refunds that found major airline executives on Capitol Hill this week explaining policies and recovery snags that continue to frustrate millions of travelers. Though they had a major role in ...
Senate Grills Airline Execs Over Refund Complaints and COVID Flight Cancellations
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CNBC Television
2021-12-15 20:54:12
https://www.youtube.com/watch?v=M2sYoBqySOo
CNBC's Phil LeBeau joins Shep Smith to report on the airline industry outlook, after CEOs testified today on Capitol Hill. They asked if they could do away with masks on flights, even as the pandemic is getting worse, and were rebuffed.
Airline CEOs testify on Capitol Hill
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Benzinga
2021-12-15 11:13:30
https://www.benzinga.com/trading-ideas/long-ideas/21/12/24618558/stock-wars-american-airlines-vs-united-airlines
Benzinga's weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two high-flying airline industry leaders: American Airlines Group Inc. (NASDAQ:AAL) and United Airlines Holdings Inc. (NASDAQ:UAL).
Stock Wars: American Airlines Vs. United Airlines
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Benzinga
2021-12-15 11:08:40
https://www.benzinga.com/trading-ideas/movers/21/12/24623797/why-american-airlines-shares-are-falling
Shares of airline stocks, including American Airlines Group Inc (NASDAQ:AAL), are trading lower amid continued COVID-19 omicron variant concerns, with some governments imposing travel restrictions. American Airlines is trading lower by 9% over the past five sessions and lower by 20% over the past month amid ongoing COV...
Why American Airlines Shares Are Falling
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Forbes
2021-12-15 01:00:39
https://www.forbes.com/sites/ramseyqubein/2021/12/15/airline-industrys-first-ever-airport-lounge-closes-its-doors-today-another-opens/
American Airlines is closing its first-ever Admirals Club today and moving locations to another concourse. This historic lounge was the first for the airline industry and required an invitation from the airline's chairman.
Airline Industry's First-Ever Airport Lounge Closes Its Doors Today, Another Opens
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CNBC
2021-12-14 11:45:54
https://www.cnbc.com/2021/12/14/american-airlines-plans-to-hire-18000-people-next-year-for-travel-rebound.html
American Airlines CEO says the carrier hired 16,000 so far this year.
American Airlines plans to hire 18,000 people next year for travel rebound
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Reuters
2021-12-13 21:18:00
https://www.reuters.com/world/us/us-says-antitrust-suit-challenging-air-alliance-should-advance-2021-12-14/
The Justice Department said on Monday a judge should reject a bid by American Airlines and JetBlue Airways Corp to dismiss an antitrust lawsuit over their "Northeast Alliance" partnership.
U.S. says antitrust suit challenging air alliance should advance
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Reuters
2021-12-13 19:39:00
https://www.reuters.com/article/usa-airlines-congress/american-airlines-ceo-u-s-covid-19-aid-saved-industry-idUSKBN2IS29W
WASHINGTON (Reuters) -American Airlines Chief Executive Doug Parker will tell a U.S. Senate committee that $54 billion in COVID-19 U.S. government assistance "saved the airline industry," according to testimony seen by Reuters.
American Airlines CEO: U.S. COVID-19 aid 'saved' industry
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The Motley Fool
2021-12-13 12:54:16
https://www.fool.com/investing/2021/12/13/why-airline-stocks-are-falling-today/
The World Health Organization remains cautious about omicron.
Why Airline Stocks Are Falling Today
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Forbes
2021-12-13 08:44:53
https://www.forbes.com/sites/tedreed/2021/12/13/american-airlines-again-halts-charlotte-honolulu-but-charlotte-munich-and-philly-zurich-start-thursday/
American Airlines isn't waiting until summer to boost international service. Five flights start this week: two are transatlantic from Charlotte and Philly, one is Rio from JFK.
American Airlines Again Halts Charlotte-Honolulu, But Charlotte-Munich And Philly-Zurich Start Thursday.
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Forbes
2021-12-10 10:28:52
https://www.forbes.com/sites/tedreed/2021/12/10/new-american-airlines-ceo-robert-isom-can-run-operations-can-he-lead-an-airline/
Robert Isom will move to CEO from president of American Airlines, which a pilot compared to promotion from first officer: “You gain new authority,: But you don't know if you will be a successful captain until you move.”
New American Airlines CEO Robert Isom Can Run Operations. Can He Lead An Airline?
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Business Insider
2021-12-09 15:10:51
https://www.businessinsider.com/american-airlines-cutting-routes-prague-edinburgh-hong-kong-2021-12
Despite the cuts, American is still expanding with one new route to Doha, Qatar.
American Airlines is dropping 5 international destinations from its summer 2022 schedule because it doesn't have enough planes
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TechXplore
2021-12-09 12:12:22
https://techxplore.com/news/2021-12-american-airlines-trims-flights-due.html
Citing delivery delays of a top-selling Boeing jet, American Airlines said Thursday it was scaling back its international flight schedule for 2022.
American Airlines trims 2022 flights due to Boeing delays
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CNBC
2021-12-09 10:59:06
https://www.cnbc.com/2021/12/09/american-airlines-trims-2022-international-flights-because-boeing-dreamliner-delay.html
Deliveries of Boeing's 787s have been paused for much of the last year.
American Airlines trims 2022 international flights due to Boeing Dreamliner delay
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Forbes
2021-12-09 09:49:01
https://www.forbes.com/sites/teakvetenadze/2021/12/09/american-airlines-reducing-international-flights-because-of-boeing-dreamliner-delays/
Production problems mean Boeing won't resume deliveries of its new 787 Dreamliners until at least April.
American Airlines Reducing International Flights Because Of Boeing Dreamliner Delays
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Reuters
2021-12-09 08:19:00
https://www.reuters.com/business/aerospace-defense/american-airlines-reduce-international-flights-due-boeing-delays-wsj-2021-12-09/
American Airlines Group Inc is planning to reduce international flights next summer because of delays from Boeing Co in delivering new 787 Dreamliners, the Wall Street Journal reported on Thursday, citing people familiar with the matter and a draft internal airline memo.
American Airlines to reduce international flights due to Boeing delays - WSJ
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Benzinga
2021-12-08 15:14:03
https://www.benzinga.com/trading-ideas/movers/21/12/24510587/why-airline-stocks-are-rising
Shares of several airline stocks including Delta Air Lines, Inc. (NYSE:DAL), United Airlines Holdings, Inc. (NASDAQ:UAL) and American Airlines Group Inc. (NASDAQ:AAL) are trading higher after Pfizer Inc. (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced effectiveness of three doses of their vaccine against the omicron...
Why Airline Stocks Are Rising
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The Motley Fool
2021-12-08 14:51:25
https://www.fool.com/investing/2021/12/08/why-airline-stocks-are-flying-higher-again-today/
Positive commentary on demand and on the omicron variant has the sector taking flight.
Why Airline Stocks Are Flying Higher Again Today
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Reuters
2021-12-08 14:50:00
https://www.reuters.com/business/aerospace-defense/american-delta-united-ceos-testify-before-us-senate-panel-2021-12-08/
The chief executives of American Airlines, United Airlines and Southwest Airlines will testify on Dec. 15 at an oversight hearing before the Senate Commerce Committee, a committee official said on Wednesday.
American, Delta, United CEOs to testify before U.S. Senate panel
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Barrons
2021-12-08 14:22:00
https://www.barrons.com/articles/omicron-variant-holiday-travel-51638991160
Here's what to know.
Americans Are Not Canceling Flights as Omicron Variant Spreads—at Least, Not Yet
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Zacks Investment Research
2021-12-07 19:15:09
https://www.zacks.com/stock/news/1836544/american-airlines-aal-stock-sinks-as-market-gains-what-you-should-know
American Airlines (AAL) closed at $17.89 in the latest trading session, marking a -0.22% move from the prior day.
American Airlines (AAL) Stock Sinks As Market Gains: What You Should Know
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Zacks Investment Research
2021-12-07 17:44:04
https://www.zacks.com/stock/news/1836518/airline-stocks-fly-high-in-monday-s-trading-here-s-why
Relenting omicron-related fears bode well for carriers like Delta (DAL), United Airlines (UAL) and American Airlines (AAL).
Airline Stocks Fly High in Monday's Trading: Here's Why
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Zacks Investment Research
2021-12-07 17:44:03
https://www.zacks.com/stock/news/1836520/american-airlines-aal-long-serving-ceo-to-retire-next-year
Doug Parker will be replaced by Robert Isom as American Airlines' (AAL) CEO.
American Airlines' (AAL) Long-Serving CEO to Retire Next Year
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TechXplore
2021-12-07 14:31:02
https://techxplore.com/news/2021-12-american-airlines-ceo.html
Veteran American Airlines Chief Executive Doug Parker plans to step down in March and will be succeeded by his deputy, Robert Isom, the carrier announced Tuesday.
American Airlines CEO to step down in March
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New York Post
2021-12-07 14:03:30
https://nypost.com/2021/12/07/international-air-travel-recovery-faces-omicron-turbulence/
New travel restrictions prompted by the Omicron coronavirus variant have dealt a setback to the nascent recovery in international flights, creating delays and headaches in some regions, according to airline and airport officials. The flurry of new testing rules and border closings have raised concerns ahead of the impo...
International air travel recovery faces Omicron turbulence
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Stockmarketcom
2021-12-07 12:00:00
https://stockmarket.com/featured/5-top-travel-stocks-to-watch-on-omicron-optimism-2021-12-07
As leisure travel resumes, could travel stocks be the next addition to your portfolio?
5 Top Travel Stocks To Watch On Omicron Optimism
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Forbes
2021-12-07 10:58:38
https://www.forbes.com/sites/teakvetenadze/2021/12/07/american-airlines-ceo-parker-stepping-down-after-20-years/
He will be succeeded by president Robert Isom in March.
American Airlines CEO Parker Stepping Down After 20 Years
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Invezz
2021-12-07 10:08:28
https://invezz.com/news/2021/12/07/american-airlines-ceo-is-stepping-down-after-21-years/
Shares of American Airlines Group Inc (NASDAQ: AAL) were up nearly 4.0% in premarket trading after CEO Doug Parker said he'll step down on March 31st. Robert Isom to take over as the CEO Parker intends to keep his role as the chairman of the company while Robert Isom will take the helm as the […] The post American Airl...
American Airlines' CEO is stepping down after 21 years
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CNBC Television
2021-12-07 08:36:47
https://www.youtube.com/watch?v=sZHSOjNozb4
Outgoing American Airlines CEO Doug Parker and incoming CEO Robert Isom sit down with CNBC's Phil LeBeau to discuss the company's planned leadership transition and the state of the airline industry.
Incoming American Airlines CEO Robert Isom: I see corporate travel returning in 2022
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CNBC Television
2021-12-07 07:14:16
https://www.youtube.com/watch?v=0vcEMF_kVY4
CNBC's Phil LeBeau joins 'Squawk Box' to report that American Airlines' Doug Parker plans to step down from his role as CEO on March 31.
American Airlines CEO Doug Parker to retire, replaced by president Robert Isom
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Reuters
2021-12-07 06:58:00
https://www.reuters.com/business/aerospace-defense/american-airlines-says-ceo-parker-retire-2021-12-07/
American Airlines Group Inc said on Tuesday Doug Parker would retire as the U.S. Carrier's chief executive officer on March 31.
American Airlines says CEO Parker to retire
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Market Watch
2021-12-07 06:55:13
https://www.marketwatch.com/story/american-airlines-ceo-doug-parker-to-retire-after-roughly-9-years-in-the-role-2021-12-07
Shares of American Airlines Group Inc. AAL, +7.88% rose 2.7% in premarket trading Tuesday, after the air carrier said Chief Executive Doug Parker will retire, effective March 31, 2022, after about nine years in the role. The company said current President Robert Isom will succeed Parker as CEO.
American Airlines CEO Doug Parker to retire after roughly 9 years in the role
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CNBC
2021-12-07 06:49:18
https://www.cnbc.com/2021/12/07/american-airlines-ceo-doug-parker-to-retire-president-robert-isom-to-take-reins-march-31.html
American Airlines CEO Doug Parker to retire, president Robert Isom to take reins March 31
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Zacks Investment Research
2021-12-07 03:10:03
https://www.zacks.com/stock/news/1836079/american-airlines-aal-surges-7-9-is-this-an-indication-of-further-gains
American Airlines (AAL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
American Airlines (AAL) Surges 7.9%: Is This an Indication of Further Gains?
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Seeking Alpha
2021-12-06 15:31:57
https://seekingalpha.com/article/4473690-omicron-buying-opportunities-airline-equities
Discovery of the Omicron Covid variant has sent airline equities plummeting.
Omicron Has Created Great Buying Opportunities In Airline Equities
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CNBC Television
2021-12-06 15:23:30
https://www.youtube.com/watch?v=fCG49lqk6Eg
Breeze Airways CEO David Neeleman joins CNBC's Phil LeBeau to discuss the airlines' expansion and how the omicron Covid variant is affecting travel.
Omicron variant isn't slowing travel demand long term: Breeze Airways CEO
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The Motley Fool
2021-12-06 14:26:19
https://www.fool.com/investing/2021/12/06/why-airline-shares-are-flying-high-today/
Dr. Fauci says the initial data on omicron is encouraging.
Why Airline Shares Are Flying High Today
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VentureBeat
2021-12-04 19:40:55
https://venturebeat.com/2021/12/04/airlines-are-taking-flight-toward-revival-thanks-to-data-and-tech/
The pandemic has turned the air travel revenue model on its head. Good airline data and a strong digital backbone are essential for recovery.
Airlines are taking flight toward revival thanks to data and tech
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InvestorPlace
2021-12-03 12:24:50
https://investorplace.com/2021/12/market-recap-why-are-stocks-down-this-week/
Investors haven't been doing so hot this week and we're diving into this as we look at the latest news for why stocks are down, The post Market Recap: Why Are Stocks Down This Week? appeared first on InvestorPlace.
Market Recap: Why Are Stocks Down This Week?
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InvestorPlace
2021-12-02 17:30:21
https://investorplace.com/2021/12/airline-stocks-why-dal-luv-aal-jblu-and-ual-are-getting-some-lift-today/
Many of the biggest airlines in the world reported stellar gains today. Airline stocks are the big winner today even amid omnicron chatter.
Airline Stocks: Why DAL, LUV, AAL, JBLU and UAL Are Getting Some Lift Today
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The Motley Fool
2021-12-02 15:16:45
https://www.fool.com/investing/2021/12/02/why-airline-stocks-are-flying-higher-today/
Yesterday's COVID concerns become today's buying opportunities.
Why Airline Stocks Are Flying Higher Today
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CNBC Television
2021-12-02 11:50:35
https://www.youtube.com/watch?v=V8xn_Aji3v0
Gordon Bethune, former Continental Airlines chairman and CEO, joins 'Squawk on the Street' to discuss the impact of the omicron variant on the travel industry.
Omicron variant will delay airline return to normalcy, Gordon Bethune predicts
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Yahoo Finance
2021-12-01 12:51:51
https://www.youtube.com/watch?v=dadv_qTNFH8
Yahoo Finance's Brian Cheung speaks with Helane Becker, senior research analyst at Cowen, about the relationship between airline holdings and COVID-19 variants as travelers grow accustomed to pandemic regulations.
Airline stocks rise after Omicron variant sparks selloff
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Zacks Investment Research
2021-12-01 09:59:22
https://www.zacks.com/stock/news/1833729/can-holiday-season-help-airlines-bounce-back-from-its-lows
Airline companies like American Airlines (AAL), Southwest Airlines (LUV), United Airlines (UAL) and Delta Air Lines (DAL) had a good Thanksgiving week and are likely to put up a good show in the coming days.
Can Holiday Season Help Airlines Bounce Back From Its Lows?
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Market Watch
2021-12-01 08:11:41
https://www.marketwatch.com/story/aemetis-to-provide-american-airlines-with-sustainable-aviation-fuel-in-7-year-deal-valued-at-more-than-11-billion-2021-12-01
Aemetis Inc. AMTX, +2.12% said Wednesday it has entered an agreement with American Airlines Group Inc. AAL, -0.28% to provide it with 280 million gallons of its sustainable aviation fuel in a seven-year deal with a value of more than $1.1 billion. The Cupertino, Calif.
Aemetis to provide American Airlines with sustainable aviation fuel in 7-year deal valued at more than $1.1 billion
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Yahoo Finance
2021-11-30 15:25:24
https://www.youtube.com/watch?v=0HBgLNPBzVE
Yahoo Finance's Akiko Fujita and Zack Guzman spoke with Raymond James' Marketing Director Savanthi Syth about the impact of the Omicron variant on airline stocks. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareho...
Airline stocks slump as Omicron variant surges
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Market Watch
2021-11-30 14:17:00
https://www.marketwatch.com/story/u-s-airlines-may-find-domestic-travel-acting-as-a-cushion-against-the-omicron-variant-analysts-say-11638299848
News about the omicron variant of the coronavirus rattled U.S. airline and travel-related stocks this week, with headlines about the return of travel bans in several countries leading to concerns about the industry's recovery during a relatively strong Thanksgiving traveling season.
U.S. airlines may find domestic travel acting as a cushion against the omicron variant, analysts say
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CNN Business
2021-11-30 14:03:34
https://www.cnn.com/2021/11/30/business/omicron-airlines/index.html
Just when US airlines thought they were on the verge of profitability again, along came the Omicron variant to put those hopes in doubt.
Travel is back, but Omicron could change everything
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Reuters
2021-11-29 18:22:00
https://www.reuters.com/business/aerospace-defense/trial-us-justice-dept-fight-with-american-airlines-set-sept-2022-2021-11-29/
The judge hearing the U.S. Justice Department's antitrust lawsuit against American Airlines Group Inc and JetBlue Airways Corp said on Monday that the trial in the matter would begin on Sept. 26, 2022.
Trial in U.S. Justice Department fight with American Airlines set for Sept 2022
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CNBC
2021-11-29 13:11:13
https://www.cnbc.com/2021/11/29/biden-says-he-doesnt-expect-more-travel-restrictions-or-lockdowns-as-omicron-covid-variant-spreads.html
The U.S. on Monday began to temporarily bar visitors from South Africa, where scientists first reported the variant, and five other African countries.
Biden says he doesn't expect more travel restrictions or lockdowns as omicron Covid variant spreads
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CNBC Television
2021-11-29 11:38:26
https://www.youtube.com/watch?v=GpJhoj79_vA
Savanthi Syth, Raymond James airlines analyst, joins 'Squawk on the Street' to discuss the airlines sector amid growing travel restrictions.
Airline stocks mixed as travel restrictions reappear globally
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Stockmarketcom
2021-11-29 10:23:20
https://stockmarket.com/featured/best-cheap-stocks-to-buy-now-5-consumer-discretionary-stocks-in-focus-2021-11-29
Could these consumer discretionary stocks be top choices amid the current Omicron variant concerns?
Best Cheap Stocks To Buy Now? 5 Consumer Discretionary Stocks In Focus
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The Motley Fool
2021-11-29 08:05:00
https://www.fool.com/investing/2021/11/29/3-stocks-to-avoid-this-week/
These investments seem pretty vulnerable right now.
3 Stocks to Avoid This Week
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Seeking Alpha
2021-11-28 12:05:10
https://seekingalpha.com/article/4472192-american-airlines-buy-for-the-long-haul
The new Covid strain out of South Africa is already impacting the AAL stock without knowing very much about the variant; the stock could be oversold. Leisure travel has recovered to pre-Covid levels, just waiting on business travel to return, which could happen over the next 12-24 months.
American Airlines: Buy For The Long Haul
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Forbes
2021-11-26 17:01:10
https://www.forbes.com/sites/johnnavin/2021/11/26/airline-cruise-resort-stocks-tank-big-on-covid-19-variant-news/
Omicron is the name of the new Covid-19 variant identified by the World Health Organization and new travel restrictions are already going into effect.
Airline, Cruise, Resort Stocks Tank Big On Covid-19 Variant News
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Yahoo Finance
2021-11-26 13:35:54
https://www.youtube.com/watch?v=3ZNYs6TmOiM
John Grant, Senior Aviation Analyst with tracking service OAG, joins Yahoo Finance Live to discuss how airline stocks have dropped as countries curtail air travel.
Airline stocks: The 'biggest problem' is still lack of business travel, analyst explains
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Yahoo Finance
2021-11-26 13:06:43
https://www.youtube.com/watch?v=S6nkokGcrZ0
Yahoo Finance's Ines Ferre looks at how markets and travel sectors plunged on Friday amid concerns of a new COVID-19 variants while certain work-from-home and vaccine companies are rising.
Airlines and cruises take a hit, Zoom and vaccine stocks up
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Seeking Alpha
2021-11-26 11:45:00
https://seekingalpha.com/article/4472066-airline-investors-weigh-up-more-pandemic-baggage
The Transportation Security Administration expects around 20 million people to travel during the Thanksgiving holiday season, a slight decline from record 2019 levels. U.S. airlines are scrambling to capture the full benefits of a recovery in passenger demand. The one thing they don't have to worry about is being forci...
Airline Investors Weigh Up More Pandemic Baggage
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The Motley Fool
2021-11-26 11:35:57
https://www.fool.com/investing/2021/11/26/why-airline-stocks-are-tumbling-today/
A new COVID-19 variant has travel investors worried that the world will face another wave of lockdowns.
Why Airline Stocks Are Tumbling Today
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CNBC Television
2021-11-26 10:58:47
https://www.youtube.com/watch?v=ekTSHIVw1Xk
Helane Becker, Cowen and Co. senior research analyst, joins 'Squawk on the Street' to discuss the airlines sector as Friday's sell-off is hitting the space.
Airline demand will continue through end of year, says Cowen's Helane Becker
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Business Insider
2021-11-26 09:23:26
https://markets.businessinsider.com/news/stocks/travel-stocks-covid-variant-b11529-restrictions-airlines-cruises-infections-coronavirus-2021-11
"What we do know is that this variant has a large number of mutations," said a WHO official about the new COVID variant B.1.1.529.
Cruise and airline stocks sell off as global health officials track new coronavirus variant with 'large number of mutations'
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Reuters
2021-11-26 09:05:00
https://www.reuters.com/markets/europe/cruise-operators-airlines-reopening-stocks-tumble-variant-fears-2021-11-26/
Companies benefiting from this year's economic reopening, including AMC Entertainment, United Airlines and Carnival Corp, were hammered on Friday by fears over a new and possibly-vaccine resistant coronavirus variant.
From cruise operators to airlines: 'Reopening' stocks tumble on variant fears
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Market Watch
2021-11-26 08:01:00
https://www.marketwatch.com/story/travel-stocks-slump-and-vaccine-maker-stocks-rally-as-who-gears-up-to-assess-new-coronavirus-variant-11637931681
Shares of airlines fell and vaccine makers rose in premarket trades on Friday as investors reacted to fresh travel bans related to a variant of the coronavirus that causes COVID-19 called B.1.1.529, that has been identified in South Africa.
Travel stocks slump and vaccine maker stocks rally as WHO gears up to assess new coronavirus variant
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CNBC Television
2021-11-24 19:10:17
https://www.youtube.com/watch?v=Ce2N54ZRlIU
CNBC's Phil LeBeau reports on the busy holiday travel season, and how it could provide airlines a chance to turn a profit in Q4.
Holiday travel creates opportunity for airlines to turn a profit in Q4
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CNBC Television
2021-11-24 15:06:07
https://www.youtube.com/watch?v=boGhY7jEpnk
Phil LeBeau joins 'The Exchange' from O'Hare Airport to discuss holiday travel and how airlines prepared for a surge in passengers. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Travelers are about to find out whether airlines are prepared for a surge in Thanksgiving pas...
Holiday travel is in full swing for U.S. airlines
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Invezz
2021-11-24 11:41:08
https://invezz.com/news/2021/11/24/could-the-major-u-s-airlines-swing-to-a-profit-in-the-holiday-quarter/
The holiday season is upon us, and historically, it's when travel and tourism is at its peak. But CNBC's Phil LeBeau says it wouldn't be surprising if the major airlines still remained in loss in Q4.
Could the major U.S. airlines swing to a profit in the holiday quarter?
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CNBC Television
2021-11-24 11:23:59
https://www.youtube.com/watch?v=giZifWjk4rk
Stephen Trent, Citi airlines analyst, joins 'Squawk on the Street' to discuss the airlines as the holiday season gets underway. Trent discusses the profitability of these airlines and what Q4 will look like for these companies.
Airline profitability will be a mixed bag in Q4, Citi airlines analyst says
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Zacks Investment Research
2021-11-23 14:34:03
https://www.zacks.com/stock/news/1831060/here-s-why-airlines-are-betting-on-busy-thanksgiving-traffic
The anticipated surge in air-travel volume during Thanksgiving is likely to stand airlines like Delta (DAL) and United Airlines (UAL) in good stead.
Here's Why Airlines Are Betting on Busy Thanksgiving Traffic
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CNBC
2021-11-22 17:08:43
https://www.cnbc.com/2021/11/22/american-jetblue-seek-dismissal-of-antitrust-lawsuit-tied-to-partnership.html
The airlines filed a motion to dismiss the lawsuit that the DOJ and six states filed in September over their alliance.
American, JetBlue seek dismissal of antitrust lawsuit tied to partnership
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Yahoo Finance
2021-11-22 13:44:34
https://www.youtube.com/watch?v=uGe6SN1wUNE
Moody's Senior Vice President Jonathan Root joins Yahoo Finance's Brian Sozzi and Julie Hyman to discuss the travel industry outlook ahead of the holiday season as COVID-19 cases rise.
The cup is half full at the moment' for the travel industry: Moody's Senior Vice President
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Forbes
2021-11-22 12:49:26
https://www.forbes.com/sites/tedreed/2021/11/22/american-and-jetblue-file-motion-to-dismiss-antitrust-lawsuit-against-their-northeast-alliance/
American Airlines and JetBlue said they have filed a motion to dismiss the Department of Justice antitrust lawsuit against the Northeast Alliance.
American And JetBlue File Motion To Dismiss Antitrust Lawsuit Against Their Northeast Alliance
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Reuters
2021-11-22 11:49:00
https://www.reuters.com/legal/litigation/american-airlines-jetblue-ask-court-throw-out-us-antitrust-suit-2021-11-22/
American Airlines and JetBlue Airways Corp asked a U.S. judge on Monday to dismiss an antitrust lawsuit filed by the Justice Department and six states over the company's "Northeast Alliance" partnership.
American Airlines, JetBlue ask court to throw out U.S. antitrust suit
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CNBC Television
2021-11-22 10:21:43
https://www.youtube.com/watch?v=r9bfMfzdJPI
CNBC's Phil LeBeau joins 'Squawk Box' from Chicago's O'Hare International Airport to report on the expected surge in travelers over the Thanksgiving holiday.
Airlines and airports brace for holiday travel surge despite tight staffing
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CNBC Television
2021-11-19 19:42:07
https://www.youtube.com/watch?v=RiHAot4C6eo
CNBC's Seema Mody joins Shep Smith to report on what Airlines are doing to prepare for the rush of holiday travelers next week.
Airlines strategize on how to deal with holiday traffic
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Reuters
2021-11-19 18:42:00
https://www.reuters.com/article/american-airline-jetblue-airways/u-s-judge-sets-trial-date-in-american-airlines-jetblue-antitrust-lawsuit-idUSKBN2I42H1
The judge hearing the U.S. Justice Department's antitrust case against American Airlines Group Inc and JetBlue Airways Corp has set a trial date for the second half of next year.
U.S. judge sets trial date in American Airlines, JetBlue antitrust lawsuit
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CNBC Television
2021-11-19 16:18:13
https://www.youtube.com/watch?v=qGOMo8CQypk
Hunter Keay, Wolfe Research senior airline analyst, joins 'Closing Bell' to discuss airlines as he's recently upgraded airline stocks.
Wolfe Research's Hunter Keay upgrades airlines
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New York Post
2021-11-16 13:39:08
https://nypost.com/2021/11/16/american-airlines-winding-tree-forms-blockchain-partnership/
American Airlines and Swiss travel platform Winding Tree said on Tuesday they have formed a partnership that will enable corporate buyers to access the US airline's data on flights directly.
American Airlines forms blockchain partnership to boost corporate travel
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Reuters
2021-11-16 10:08:00
https://www.reuters.com/article/fintech-blockchain-american-airline/american-airlines-travel-platform-winding-tree-announce-blockchain-partnership-idUSKBN2I11P9
American Airlines and Swiss travel platform Winding Tree said on Tuesday they have formed a partnership that will enable corporate buyers to access the U.S. airline's data on flights directly, without the need for intermediaries.
American Airlines, travel platform Winding Tree announce blockchain partnership
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