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Seeking Alpha
2020-04-13 21:56:57
https://seekingalpha.com/article/4337415-american-airlines-treasury-throws-curve-ball
American Airlines: Treasury Throws Curve Ball
American Airlines: Treasury Throws Curve Ball
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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Reuters
2020-04-13 19:12:34
https://www.reuters.com/article/us-health-coronavirus-usa-airlines/some-u-s-airlines-nearing-acceptance-of-payroll-aid-plan-sources-idUSKCN21V1VO
Some large U.S. passenger airlines are close to accepting the terms of a $25 billion offer for government coronavirus payroll aid, with announcements possible as early as Tuesday, people briefed on the matter said.
Some U.S. airlines nearing acceptance of payroll aid plan -sources
AAL
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Reuters
2020-04-13 14:56:40
https://www.reuters.com/article/us-health-coronavirus-usa-airlines/u-s-government-holding-firm-on-airline-aid-plan-could-end-up-with-3-of-american-airlines-idUSKCN21V1VO
The U.S. Treasury Department is holding firm on the terms of a $25 billion offer for government aid to airlines to help them meet payroll during the coronavirus downturn, officials said on Monday, and the plan could give the government more than 3% of American Airlines Group Inc.
U.S. government holding firm on airline aid plan, could end up with 3% of American Airlines
AAL
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InvestorPlace
2020-04-13 14:48:27
https://investorplace.com/2020/04/how-to-trade-american-airlines-stock-just-yet/
American Airlines stock is trying to bottom. Here are the price levels that matter and how bulls and bears should trade it moving forward.
How Bulls and Bears Can Trade American Airlines Stock Now
AAL
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CNBC
2020-04-13 14:38:29
https://www.cnbc.com/2020/04/13/coronavirus-aid-mnuchin-flexes-muscles-over-airline-grants-a-taste-of-what-other-companies-face.html
Treasury Department requests to airlines for coronavirus aid are a preview of what's to come for other industries.
Mnuchin flexes muscles on airline coronavirus aid — a taste of what other companies may face
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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The Motley Fool
2020-04-13 12:15:00
https://www.fool.com/investing/2020/04/13/why-airline-shares-are-falling-today.aspx
Bailout funds will be harder to obtain than investors had hoped.
Why Airline Shares Are Falling Today
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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InvestorPlace
2020-04-13 12:06:42
https://investorplace.com/2020/04/its-time-to-disembark-from-american-airlines-stock/
Recent momentum may convince you to think positively about AAL stock. Unfortunately, this is nothing more than a trap as the fundamentals are incredibly poor.
It’s Time to Disembark from American Airlines Stock
AAL
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InvestorPlace
2020-04-13 11:39:13
https://investorplace.com/2020/04/american-airlines-aal-stock-only-worth-buying-comeback/
American Airlines trades at multi-year lows as investors brace for heavy losses in the near term. If conditions improve, AAL stock will rise.
American Airlines Stock Is Only Worth Buying If You Believe in a Comeback
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The Motley Fool
2020-04-13 10:22:00
https://www.fool.com/investing/2020/04/13/one-third-of-american-airlines-pilots-and-flight-a.aspx
American seems certain to come out of this crisis a much smaller airline.
One-Third of American Airlines Pilots and Flight Attendants Are Taking Leave or Early Retirement
AAL
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Reuters
2020-04-11 19:21:12
https://www.reuters.com/article/us-health-coronavirus-usa-airlines/airlines-want-u-s-treasury-to-scrap-proposal-to-make-some-grant-money-repayable-idUSKCN21T0X0
Major U.S. airlines were urging Treasury officials and the federal government's outside advisers on Saturday to scrap or revise a proposal that would make part of the $25 billion earmarked by Congress to help keep workers on the payroll repayable in the form of low-cost loans.
Airlines want U.S. Treasury to scrap proposal to make some grant money repayable
AAL
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CNBC
2020-04-11 17:11:24
https://www.cnbc.com/2020/04/11/flight-attendant-union-furious-with-treasury-bailout-offers.html
Less than 24 hours after the Treasury Department formally extended cash grant offers to the six largest airlines in the U.S., the union representing 120,000 flight attendants is blasting the move with a dire warning.
'This will lead to airline bankruptcies' — flight attendant union furious with Treasury bailout offers
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CNBC
2020-04-11 09:58:38
https://www.cnbc.com/2020/04/11/airline-cash-grants-offered-by-federal-government-could-force-carriers-to-take-on-more-debt.html
Two weeks after Congress approved a $50 Billion bailout of airlines that earmarked carriers receiving $25 Billion in direct cash grants, it turns out those grants could require airlines to take on more debt.
Airline cash grants offered by federal government could force carriers to take on more debt
AAL
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CNBC
2020-04-10 20:04:03
https://www.cnbc.com/2020/04/10/coronavirus-aid-treasury-department-says-larger-airlines-have-compensate-taxpayers.html
Talks for the aid have blown past a Monday deadline to disburse up to $32 billion in grants to airlines and contractors to weather coronavirus.
Treasury Department says larger airlines need to compensate taxpayers for coronavirus aid as talks drag on
AAL
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Reuters
2020-04-10 14:36:45
https://www.reuters.com/article/us-health-coronavirus-usa-airlines-progr/treasury-briefing-u-s-airlines-on-32-billion-grant-program-sources-idUSKCN21S1Y7
U.S. Treasury Secretary Steven Mnuchin is holding calls with airline CEOs throughout the day and could announce details of a $32 billion payroll grant package later this afternoon, people briefed on the matter told Reuters.
Treasury briefing U.S. airlines on $32 billion grant program: sources
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InvestorPlace
2020-04-10 07:41:18
https://investorplace.com/2020/04/american-is-one-of-the-worst-positioned-airlines-thats-saying-something/
From 2014 through 2019, American spent nearly $13 billion combined on buybacks and dividends, yet here we are discussing a stock that trades at a third of the levels it did in early 2014 and is flirting with all time lows. The post Don’t Buy Into American Airlines’ Redemption Story Here appeared first on InvestorPlace...
Don’t Buy Into American Airlines’ Redemption Story Here
AAL
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Market Watch
2020-04-09 22:06:41
https://www.marketwatch.com/story/trump-says-airline-bailout-proposal-could-be-unveiled-this-weekend-2020-04-09
President Donald Trump said Thursday that his administration's proposed bailout program for the airline industry may be unveiled this weekend.
Trump says airline bailout proposal could be unveiled this weekend
AAL
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CNBC
2020-04-09 20:24:54
https://www.cnbc.com/2020/04/09/trump-says-airlines-could-receive-grant-details-this-weekend-as-sources-say-around-275-applied.html
President Donald Trump said on Thursday that airlines could receive details this weekend about the terms of a $32 billion payroll grant to offset the impact of the coronavirus outbreak, which sources told Reuters has received around 275 applicants.
Trump says airlines could receive grant details this weekend as sources say around 275 applied
AAL
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Bloomberg Markets and Finance
2020-04-09 20:03:21
https://www.youtube.com/watch?v=i99qzVJzX8g
President Donald Trump says he may unveil a bailout proposal for the beleaguered U.S. airline industry over the weekend. Airlines have been frustrated by delays in U.S. aid after being virtually shutdown by the coronavirus. Some of those carriers are depending on federal funds to meet payroll obligations next week and ...
Trump: May Give Airlines Bailout Proposal Over the Weekend
AAL
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Reuters
2020-04-09 19:19:16
https://www.reuters.com/article/us-health-coronavirus-usa-airlines-mnuch/trump-says-airlines-could-receive-grant-details-this-weekend-sources-say-around-275-applied-idUSKCN21R2LK
U.S. President Donald Trump said on Thursday that airlines could receive details this weekend about the terms of a $32 billion payroll grant to offset the impact of the coronavirus outbreak, which sources told Reuters has received around 275 applicants.
Trump says airlines could receive grant details this weekend; sources say around 275 applied
AAL
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Reuters
2020-04-09 18:15:52
https://www.reuters.com/article/us-health-coronavirus-usa-airlines-mnuch/u-s-treasury-chief-to-brief-trump-on-aviation-aid-review-idUSKCN21R2LK
U.S. Treasury Secretary Steve Mnuchin was due to brief President Donald Trump at the White House on Thursday about the government's review of requests for $32 billion in grants from passenger airlines, cargo carriers and airport contractors.
U.S. Treasury chief to brief Trump on aviation aid review
AAL
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The Motley Fool
2020-04-09 16:15:00
https://www.fool.com/investing/2020/04/09/why-shares-of-travel-companies-are-up-today.aspx
Hopes of an airline recovery give lift to some of the broad array of companies that rely on the industry.
Why Shares of Travel Companies Are Up Today
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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The Motley Fool
2020-04-09 14:26:00
https://www.fool.com/investing/2020/04/09/why-shares-of-airlines-are-soaring-today.aspx
The industry gets a double shot of good news concerning the stimulus package and reopening the economy.
Why Shares of Airlines Are Soaring Today
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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24/7 Wall Street
2020-04-09 12:25:55
https://247wallst.com/investing/2020/04/09/is-it-comeback-season-for-hotel-travel-cruise-and-airline-stocks/
Hotel, travel, cruise and airline stocks have been punished the worst by the coronavirus outbreak.
Is It Comeback Season for Hotel, Travel, Cruise and Airline Stocks?
AAL
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Zacks Investment Research
2020-04-09 11:30:00
https://www.zacks.com/stock/news/862895/low-fuel-costs-aid-american-airlines-amid-travel-demand-drop
Capacity cut by American Airlines (AAL) due to the COVID-19 pandemic is worrisome. However, focus on cargo-only flights and low fuel costs are positives
Low Fuel Costs Aid American Airlines Amid Travel Demand Drop
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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CNBC
2020-04-09 10:25:34
https://www.cnbc.com/2020/04/09/mnuchin-says-hopes-to-start-giving-information-to-airlines-friday.html
Major airlines last Friday, including Delta, JetBlue, American, United and Spirit, said they had applied for federal aid aimed at covering payroll.
Airlines should start hearing back about their bailout applications by Friday, Mnuchin says
AAL
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Reuters
2020-04-09 09:56:09
https://www.reuters.com/article/us-health-coronavirus-usa-airlines/u-s-treasurys-mnuchin-says-airline-aid-next-big-thing-to-be-rolled-out-idUSKCN21R27X
U.S. Treasury Secretary Steven Mnuchin said on Thursday that aid for airlines will be the "next big thing" to be rolled out after the Federal Reserve announced new lending backstops for mid-size companies and municipal bonds.
U.S. Treasury's Mnuchin says airline aid 'next big thing' to be rolled out
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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The Motley Fool
2020-04-08 15:53:00
https://www.fool.com/investing/2020/04/08/why-shares-of-airlines-and-travel-businesses-are-h.aspx
Economic confidence, for now anyway, is on the rise.
Why Shares of Airlines and Travel Businesses Are Higher Today
AAL
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Reuters
2020-04-08 15:03:07
https://www.reuters.com/article/us-health-coronavirus-airlines-usa-exclu/exclusive-u-s-treasury-wants-details-on-airline-debt-liquidity-loyalty-programs-sources-idUSKBN21Q23G
U.S. Treasury officials have asked airlines seeking government payroll support to provide additional detailed information on capital structure, liquidity and loyalty programs, people briefed on the matter told Reuters.
Exclusive: U.S. Treasury wants details on airline debt, liquidity, loyalty programs - sources
AAL
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InvestorPlace
2020-04-08 14:21:55
https://investorplace.com/2020/04/american-airlines-stock-faces-more-turbulence/
AAL stock may be tempting, but with challenges faced by the airline industry expected to extend beyond coronavirus, it’s a risky bet. The post American Airlines Stock Faces More Turbulence appeared first on InvestorPlace.
American Airlines Stock Faces More Turbulence
AAL
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Reuters
2020-04-07 19:48:23
https://www.reuters.com/article/us-health-coronavirus-usa-airlines/u-s-treasury-talks-continue-on-25-billion-in-aviation-grants-idUSKBN21P1XR
Talks between U.S. airlines and the Treasury Department over how to award $25 billion in cash grants earmarked for payroll assistance due to the coronavirus outbreak were set to continue into the evening Tuesday, people briefed on the matter said.
U.S. Treasury talks continue on $25 billion in aviation grants
AAL
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CNN Business
2020-04-07 14:23:23
https://www.cnn.com/2020/04/07/business/american-airlines-flight-attendants-coronavirus/index.html
The union representing flight attendants for American Airlines says about 100 flight attendants have tested positive for the coronavirus.
American Airlines union says 100 of its flight attendants have coronavirus
AAL
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Reuters
2020-04-07 10:31:20
https://www.reuters.com/article/us-health-coronavirus-airlines-iata/millions-of-aviation-jobs-at-risk-airlines-cant-afford-refunds-iata-idUSKBN21P1S7
Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus travel downturn and the industry's representative body said airline finances were so fragile they could not afford to refund customers.
Millions of aviation jobs at risk, airlines can't afford refunds: IATA
AAL
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CNBC Television
2020-04-07 09:46:21
https://www.youtube.com/watch?v=euEKiWyCZ_E
The Department of Transportation has given airlines final approval to pare service back to minimum flights due to plunging demand. The decision comes one day after TSA screened just 108,310 people at U.S. airports, compared to 2.38 million on the same day a year ago.
Department of Transportation allows airlines to cut schedules further
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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InvestorPlace
2020-04-06 16:20:43
https://investorplace.com/strong-value-stocks-to-buy-for-2020/
Underperforming value stocks over the past decade will outperform over the next decade.
7 Strong Value Stocks to Buy for 2020
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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The Motley Fool
2020-04-06 15:45:00
https://www.fool.com/investing/2020/04/06/why-airline-shares-are-gaining-altitude-today.aspx
A glimmer of hope concerning the pandemic powers the stocks higher.
Why Airline Shares Are Gaining Altitude Today
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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Benzinga
2020-04-06 15:25:26
https://www.benzinga.com/opinion/20/04/15750869/commentary-why-airlines-are-giving-freight-the-window-seats
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Commentary: Why Airlines Are Giving Freight The Window Seats
AAL
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Huffington Post
2020-04-06 13:34:11
https://www.huffpost.com/entry/airlines-coronavirus-halt-travel_n_5e8b6084c5b6cc1e4779ab67
At least one flight attendant died and more than 100 have tested positive for COVID-19 so far.
Flight Attendants Call For ‘A Halt To All Leisure Travel’ Amid Coronavirus
AAL
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Reuters
2020-04-06 13:00:21
https://www.reuters.com/article/us-health-coronavirus-airlines-loyalty/u-s-airlines-ease-loyalty-programs-in-coronavirus-travel-slump-idUSKBN21O2CU
U.S. airlines are extending loyalty program benefits and status into 2021 for members homebound because of the new coronavirus.
U.S. airlines ease loyalty programs in coronavirus travel slump
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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Zacks Investment Research
2020-04-06 11:21:00
https://www.zacks.com/stock/news/857373/coronavirus-ravages-air-travel-traffic-sinks-to-2-decade-low
With air-travel demand drooping faster than capacity contraction in February, load factor declines in the period.
Coronavirus Ravages Air Travel: Traffic Sinks to 2-Decade Low
AAL
1422a02c-0b5b-47f4-8011-863bf51d1a96
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Zacks Investment Research
2020-04-06 11:09:00
https://www.zacks.com/stock/news/857346/american-airlines-to-deepen-nyc-flight-cuts-on-coronavirus-spike
Air-travel demand to New York is nearly disappearing with surge in coronavirus cases and the CDC warning, forcing American Airlines (AAL) to widen capacity cuts to the region.
American Airlines to Deepen NYC Flight Cuts on Coronavirus Spike
AAL
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New York Post
2020-04-06 08:42:00
https://nypost.com/2020/04/06/airlines-halt-most-nyc-flights-amid-coronavirus-fears/
Airlines are drastically cutting service to and from the New York City area as the feds urge travelers to avoid the nation’s largest coronavirus hotspot.
Airlines halt most NYC flights amid escalating coronavirus fears
AAL
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Reuters
2020-04-05 22:48:21
https://www.reuters.com/article/us-health-coronavirus-american-airline/american-joins-united-others-in-suspending-more-nyc-flights-on-coronavirus-spike-idUSKBN21O07C
American Airlines Group Inc said late Sunday it would suspend more flights in and out of New York City's three main airports for about a month, joining other airlines that have cut flights to the area following a spike in coronavirus cases.
American joins United, others in suspending more NYC flights on coronavirus spike
AAL
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CNBC
2020-04-05 21:11:25
https://www.cnbc.com/2020/04/06/coronavirus-american-airlines-slashes-service-in-the-new-york-area.html
Newark and New York's JFK International Airport had been among the busiest in the country.
American Airlines slashes more than 90% of NYC-area flights as the coronavirus hotspot grows more isolated
AAL
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NYTimes
2020-04-05 17:10:50
https://www.nytimes.com/2020/04/05/us/politics/democrats-mnuchin-airline-bailout-coronavirus.html
Senator Chuck Schumer and Speaker Nancy Pelosi are urging Treasury Secretary Steven Mnuchin not to negotiate so aggressively that it deters companies from taking aid to protect workers.
Top Democrats Press Treasury to Accelerate Airline Bailout
AAL
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CNBC
2020-04-05 16:00:52
https://www.cnbc.com/2020/04/05/coronavirus-lawmakers-urge-mnuchin-against-onerous-airline-aid-conditions.html
Leading House and Senate Democrats warned Treasury Secretary Steven Mnuchin that onerous conditions on airline relief could cost workers their jobs.
Democratic lawmakers urge Mnuchin against 'unreasonable conditions' on airline coronavirus aid
AAL
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Forbes
2020-04-05 13:00:47
https://www.forbes.com/sites/tedreed/2020/04/05/american-airlines-adds-miami-dallas-flight-boosting-spacing-for-cruise-returnees/
American Airlines added a second Miami-Dallas flight Sunday after booking soared, apparently because Princess Cruise Line employees from the distressed Coral Princess sought to fly home.
American Airlines Adds Miami-Dallas Flight, Boosting Spacing For Cruise Returnees
AAL
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The Motley Fool
2020-04-05 12:24:00
https://www.fool.com/investing/2020/04/05/the-department-of-transportation-just-gave-airline.aspx
The restrictions on stimulus funds looked dicey for top airlines, until Secretary of Transportation Elaine Chao weighed in.
The Department of Transportation Just Gave Airline Stocks 3 Huge Wins
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Forbes
2020-04-05 12:19:08
https://www.forbes.com/sites/jamesasquith/2020/04/05/global-airline-industry-may-now-need-a-1-trillion-bailout/
The global aviation industry may now need a bailout totalling $1 trillion. Aviation is struggling since many airlines have grounded entire fleets due to COVID-19 and aviation represents 3.6% of global gross domestic product, and if aviation were a country, it would rank 20th in size by GDP.
Global Airline Industry May Now Need A $1 Trillion Bailout
AAL
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The Motley Fool
2020-04-05 11:07:00
https://www.fool.com/investing/2020/04/05/3-warren-buffett-stocks-i-absolutely-positively-wo.aspx
The Oracle of Omaha owns some fantastic stocks in his Berkshire Hathaway portfolio. These aren't in the group.
3 Warren Buffett Stocks I Absolutely, Positively Wouldn't Buy Right Now
AAL
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The Motley Fool
2020-04-04 15:17:00
https://www.fool.com/investing/2020/04/04/coronavirus-forces-american-airlines-to-accelerate.aspx
As long as American Airlines must significantly reduce its near-term capacity, it might as well simplify its fleet, too.
Coronavirus Forces American Airlines to Accelerate Fleet Retirements
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Investopedia
2020-04-04 07:33:01
https://www.investopedia.com/buffett-s-berkshire-hathaway-sells-millions-of-airline-shares-4801909
Warren Buffett's Berkshire Hathaway Sells Millions of Shares of Delta and Southwest as coronavirus crisis paralyzes airlines.
Buffett's Berkshire Hathaway Sells Airline Stocks Amid Crisis
AAL
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The Motley Fool
2020-04-03 20:23:00
https://www.fool.com/investing/2020/04/03/why-airline-shares-are-falling-today.aspx
Fresh details reinforce how difficult the current environment is for airlines.
Why Airline Shares - Are Falling Today
AAL
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The Motley Fool
2020-04-03 17:08:00
https://www.fool.com/investing/2020/04/03/stock-market-wrap-up-will-coronavirus-aid-crush-ai.aspx
The broader market moved lower Friday.
Stock Market Wrap-Up: Will Coronavirus Aid Crush Airline Stocks?
AAL
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CNBC Television
2020-04-03 16:27:31
https://www.youtube.com/watch?v=KtYMfk_pL0o
CNBC's Phil LeBeau reports on the Department of Transportation issuing a warning to airlines that they must fill refunds to customers for canceled flights if requested.
Department of Transportation requires airlines to give refunds if requested
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Reuters
2020-04-03 15:35:05
https://www.reuters.com/article/us-health-coronavirus-american-airlines/american-airlines-applies-for-u-s-payroll-assistance-grants-idUSKBN21L301
American Airlines, the largest U.S. airline, confirmed Friday it has applied to the U.S.
American Airlines applies for U.S. payroll assistance grants
AAL
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CNBC
2020-04-03 15:22:35
https://www.cnbc.com/2020/04/03/coronavirus-stimulus-us-airlines-must-apply-soon-for-grants.html
U.S. airline executives face a test to see which sacrifices they are willing to make in exchange for federal aid that would allow them to continue paying their employees during the coronavirus pandemic.
US airlines must apply soon for coronavirus relief grants — then comes the hard part
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Market Watch
2020-04-03 15:17:59
https://www.marketwatch.com/story/guid/c2880a61-75a0-4a5d-8377-db2b964b53df
Shares of American Airlines Group Inc. AAL, -7.76% , which tumbled 7.9% toward a fresh record low in afternoon trading Friday, after the air carrier said it would cut international capacity by 60% for the "peak" summer travel season.
American Airlines stock's falls toward fresh record low
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InvestorPlace
2020-04-03 14:30:00
https://investorplace.com/2020/04/aal-stock-requires-closer-look/
The problems at American Airlines existed before, and will exist after, the pandemic.
Look at American Airlines Stock Through a Wider Lens
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Reuters
2020-04-03 11:04:56
https://www.reuters.com/article/us-health-coronavirus-airlines-usa/u-s-airlines-face-deadline-to-apply-for-u-s-payroll-grants-idUSKBN21L2AL
U.S. airlines and contractors faced a deadline of 5 p.m. on Friday to tap the federal government for up to $32 billion in payroll grants to help them ride out a dramatic drop in air travel demand due to the new coronavirus outbreak.
U.S. airlines face deadline to apply for U.S. payroll grants
AAL
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InvestorPlace
2020-04-03 09:55:42
https://investorplace.com/2020/04/as-the-warmer-months-approach-its-time-to-buy-aal-stock/
Multiple, positive signs indicate that life will return to normal in the U.S. in coming months, lifting AAL stock in the process.
As the Warmer Months Approach, It’s Time to Buy AAL Stock
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Zacks Investment Research
2020-04-03 08:35:00
https://www.zacks.com/stock/news/852659/airlines-laid-low-by-coronavirus-when-will-growth-return
Battered by coronavirus, airlines might not see a recovery in travel demand until at least 2022.
Airlines Laid Low By Coronavirus: When Will Growth Return?
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The Motley Fool
2020-04-03 07:21:00
https://www.fool.com/investing/2020/04/03/3-extremely-popular-stocks-to-avoid-like-the-plagu.aspx
Don't be fooled -- these stocks aren't bargains.
3 Extremely Popular Stocks to Avoid Like the Plague in April
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Market Watch
2020-04-03 06:28:03
https://www.marketwatch.com/story/guid/52f33050-b0cf-40d5-8921-047ac08ebac5
American Airlines Group Inc. AAL, -5.89% said Friday that it will suspend 60% of its international capacity for the "peak" summer travel season compared with a year ago, in response to "record low customer demand" resulting from the COVID-19 pandemic.
American Airlines to cut summer international capacity by 60%, including an 80% reduction to the Pacific
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Reuters
2020-04-03 00:46:56
https://www.reuters.com/article/us-health-coronavirus-airlines/airline-industry-braces-for-lengthy-recovery-from-coronavirus-crisis-idUSKBN21K3KL
International seat capacity has dropped by almost 80% from a year ago and half the world's airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic.
Airline industry braces for lengthy recovery from coronavirus crisis
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Huffington Post
2020-04-02 20:02:33
https://www.huffpost.com/entry/airlines-refunds-coronavirus_n_5e8672a6c5b6a9491833bf22
Nine senators wrote letters this week to airline CEOs calling refunds a "moral" obligation after Congress approved a $50 billion bailout for the industry.
Airlines Face Pressure To Refund Customers After Bailout By Taxpayers
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CNBC
2020-04-02 18:04:00
https://www.cnbc.com/2020/04/02/coronavirus-update-american-airlines-cuts-summer-international-flights-by-60percent-as-demand-suffers.html
American Airlines is slashing its summer flights outside of the United States by 60% due to weak demand.
American Airlines cutting international summer schedule by 60% as coronavirus drives down demand
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The Motley Fool
2020-04-02 15:40:00
https://www.fool.com/investing/2020/04/02/why-airline-shares-are-falling-today.aspx
Current news provides no reason for investors to get excited about these stocks.
Why Airline Shares Are Falling Today
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Seeking Alpha
2020-04-02 13:55:18
https://seekingalpha.com/article/4335689-american-airlines-not-dire
American Airlines: Not So Dire
American Airlines: Not So Dire
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CNBC
2020-04-02 10:10:17
https://www.cnbc.com/2020/04/02/coronavirus-update-dick-durbin-says-airline-bailout-not-for-shareholders.html
Durbin says airline shareholders have not reaped benefits from a $50 billion bailout Congress passed as part of its coronavirus relief bill.
Durbin denies Congress is rescuing airline shareholders with $50 billion bailout
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CNBC Television
2020-04-02 09:28:00
https://www.youtube.com/watch?v=SiBq_1Uan14
Sen. Dick Durbin (D—Ill.) joins "Squawk Box" by phone to discuss what the federal government is working on to help assist Americans during the coronavirus crisis.
Sen. Dick Durbin on the coronavirus rescue plan for airlines, small businesses
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CNBC
2020-04-02 07:51:30
https://www.cnbc.com/2020/04/02/american-airlines-coronavirus-downgrade-airline-stock-2020-outlook.html
Delta and United Airlines are "the two most critical airlines for our country," says Mark Tepper, the president and CEO of Strategic Wealth Partners.
These two airlines are 'too big to fail,' investor says
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The Motley Fool
2020-04-02 07:05:00
https://www.fool.com/investing/2020/04/02/why-shares-of-major-airlines-lost-altitude-in-marc.aspx
The industry was dealt a devastating blow by the pandemic.
Why Shares of Major Airlines Lost Altitude in March
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CNBC
2020-04-01 17:39:10
https://www.cnbc.com/2020/04/01/coronavirus-news-flight-attendants-say-airline-equity-stakes-could-cost-jobs.html
Flight attendants told the Treasury secretary that equity stakes in airlines could make $25 billion in payroll grants less attractive and cost them their jobs.
Flight attendants say government stakes in airlines in exchange for grants could cost jobs
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Benzinga
2020-04-01 16:42:39
https://www.benzinga.com/analyst-ratings/analyst-color/20/04/15721569/stifel-analyst-explains-downgrade-of-jetblue-and-american-airlines
Joe DeNardi, the managing director of Stifel, spoke on CNBC's "Power Lunch" about Stifel's downgrade of JetBlue Airways Corporation (NASDAQ: JBLU) and American Airlines Group Inc (NASDAQ: AAL).
Stifel Analyst Explains Downgrade Of JetBlue And American Airlines
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Benzinga
2020-04-01 16:10:33
https://www.benzinga.com/news/20/04/15720613/airlines-feel-pressure-to-maintain-minimum-level-of-domestic-service
The rapid spread of the coronavirus in the U.S. is raising questions among shippers about whether domestic airlines will virtually stop flying or the U.S.
Airlines Feel Pressure To Maintain Minimum Level Of Domestic Service
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CNBC Television
2020-04-01 14:57:54
https://www.youtube.com/watch?v=S8MvklVr_yA
Joe DeNardi, Stifel managing director, joins 'Power Lunch' to discuss why the firm downgraded JetBlue and American and why he says this could be a near-worst-case scenario for airlines.
Why Stifel downgraded JetBlue and American from buy to hold
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CNBC
2020-04-01 13:41:08
https://www.cnbc.com/2020/04/01/coronavirus-news-american-apologizes-for-mistakenly-offering-hundreds-of-pilots-voluntary-leave.html
American Airlines apologizes to narrowbody pilots for offering voluntary leave beyond its capacity as the airline rushes to stem costs to fight coronavirus' impact on travel demand.
American Airlines apologizes for mistakenly offering dozens of pilots voluntary leave amid coronavirus
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The Motley Fool
2020-04-01 12:29:00
https://www.fool.com/investing/2020/04/01/why-airline-shares-are-down-today.aspx
How long will the travel slowdown last?
Why Airline Shares Are Down Today (April 01)
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Benzinga
2020-04-01 12:02:35
https://www.benzinga.com/analyst-ratings/analyst-color/20/04/15717908/stifel-upgrades-downgrades-airlines-facing-coronavirus-shock-says-hawaiian-well-pos
A near worst-case scenario is playing out for airlines as the coronavirus pandemic freezes travel, according to Stifel.
Stifel Upgrades, Downgrades Airlines Facing Coronavirus Shock, Says Hawaiian Well-Positioned
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CNN Business
2020-04-01 09:37:32
https://www.cnn.com/2020/04/01/business/airline-industry-outlook/index.html
The US airline industry is about to get smaller. That's bad news for airline employees -- and for airline passengers.
Travel: Airlines will offer fewer choices and higher fares after this crisis
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Reuters
2020-04-01 09:25:45
https://www.reuters.com/article/us-health-coronavirus-flights/airlines-facing-what-official-calls-deepest-crisis-ever-idUSKBN21J5NC
As the novel coronavirus continues to spread, commercial flights have all but stopped. The situation is so dire that the head of the trade group representing the world’s airlines called the last few months “its deepest crisis ever.”
Airlines facing what official calls 'deepest crisis ever'
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Investopedia
2020-04-01 08:55:44
https://www.investopedia.com/3-aviation-stocks-to-put-on-the-radar-4801681
Here's why the aviation industry should successfully navigate coronavirus-driven turbulence. Monitor these names for buying opportunities.
3 Aviation Stocks to Put on the Radar
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CNBC Television
2020-04-01 08:34:57
https://www.youtube.com/watch?v=mRKkJr0iEZQ
Major carriers lost more than half of their value over the course of the first quarter and now spring schedules are being reworked.
Former Spirit Airlines CEO on how the airline industry is handling the coronavirus crisis
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CNBC Television
2020-04-01 08:33:36
https://www.youtube.com/watch?v=yAOOXIPlxOs
Major airline carriers lost more than half of their value over the course of the first quarter and now spring schedules are being reworked. CNBC's Phil LeBeau reports.
Airline passenger levels decline 88% in two weeks as coronanvirus pandemic spreads
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Market Watch
2020-04-01 08:28:26
https://www.marketwatch.com/story/guid/c9da995e-3678-4ac2-806e-82c0774673d0
Airline stocks were taking a dive in premarket trading Wednesday, as part of a broad stock market selloff in the wake of the White House's grim warning on the coronavirus pandemic.
Airline stocks drop as 'near worst case' playing out, analyst says; American Airlines downgraded
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CNBC Television
2020-03-31 18:14:19
https://www.youtube.com/watch?v=F8BUaQx71DE
Vortexa's Clay Seigle weighs in on energy's slide and storage problem.
Devil's in the details, says top airlines analyst
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New York Post
2020-03-31 15:35:46
https://nypost.com/2020/03/31/senators-urge-u-s-airlines-to-issue-cash-ticket-refunds-after-bailout/
Nine Democratic US senators on Tuesday urged the chief executives of 11 major airlines to issue full cash refunds to customers canceling flights during the coronavirus pandemic after Congress approved $25 billion in cash grants for the hard-hit industry. “We believe your company has a moral responsibility to provide re...
Senators urge U.S. airlines to issue cash ticket refunds after bailout
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The Motley Fool
2020-03-31 14:20:00
https://www.fool.com/investing/2020/03/31/why-shares-of-airlines-are-climbing-today.aspx
With the bailout secured, investors aren't sure how to value airlines right now.
Why Shares of Airlines Are Climbing Today
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InvestorPlace
2020-03-31 13:17:46
https://investorplace.com/2020/03/aal-stock-is-a-bargain-buy-that-will-fly-again/
Things look bleak for the airline sector now, but this self-imposed grounding will eventually lift and AAL stock will soar again. The post American Airlines Stock Is a Bargain Buy That Will Fly Again appeared first on InvestorPlace.
American Airlines Stock Is a Bargain Buy That Will Fly Again
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Reuters
2020-03-31 13:16:06
https://www.reuters.com/article/us-health-coronavirus-usa-airlines/senators-urge-u-s-airlines-to-issue-ticket-refunds-after-bailout-idUSKBN21I2UU
Nine Democratic U.S. senators on Tuesday urged the chief executives of 11 major airlines to issue full cash refunds to customers canceling flights during the coronavirus pandemic after Congress approved $25 billion in cash grants for the hard-hit industry.
Senators urge U.S. airlines to issue ticket refunds after bailout
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Zacks Investment Research
2020-03-31 12:21:00
https://www.zacks.com/stock/news/847337/the-coronavirus-is-impacting-us-airlines-in-major-ways
The majority of Americans have now been directed to stay at home as much as possible, and to limit their travel, especially air travel, to help curb the spread of COVID-19.
The Coronavirus is Impacting US Airlines in Major Ways
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Zacks Investment Research
2020-03-31 12:15:00
https://www.zacks.com/stock/news/847418/american-airlines-to-ask-for-coronavirus-fund-hopes-for-%2412b-aid
American Airlines (AAL) assures to sustain jobs and pay packets for six months by choosing to apply for the coronavirus-related government relief.
American Airlines to Ask for Coronavirus Fund: Hopes for $12B Aid
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Reuters
2020-03-31 10:28:48
https://www.reuters.com/article/us-health-coronavirus-american-airlines/exclusive-american-airlines-to-retire-more-jets-including-vintage-737s-in-coronavirus-downturn-idUSKBN21I28W
American Airlines Group Inc is set to sharply increase the number of jets it is planning to retire beyond its announced plans as it accelerates a fleet transformation to respond to the coronavirus crisis, people familiar with the matter said.
Exclusive: American Airlines to retire more jets, including vintage 737s, in coronavirus downturn
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The Motley Fool
2020-03-31 09:25:00
https://www.fool.com/investing/2020/03/31/american-airlines-to-seek-12-billion-in-government.aspx
The money should give the company enough runway to survive until the fall even under the worst scenario.
American Airlines to Seek $12 Billion in Government Assistance
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CNBC
2020-03-31 09:14:29
https://www.cnbc.com/2020/03/31/dot-to-allow-carriers-receiving-coronavirus-aid-to-consolidate-service.html
Maintaining service is one of the requirements for airlines to receive government aid.
Airlines receiving coronavirus aid will be allowed to consolidate routes into fewer airports
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Benzinga
2020-03-31 08:19:02
https://www.benzinga.com/government/20/03/15703027/american-airlines-to-apply-for-12b-in-coronavirus-government-assistance
American Airlines Group Inc. (NASDAQ: AAL) will apply for government assistance as it suffers a drop in demand caused by the COVID-19 pandemic.
American Airlines To Apply For $12B In Coronavirus Government Assistance
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Reuters
2020-03-31 07:16:38
https://www.reuters.com/article/us-health-coronavirus-airlines-factbox/factbox-airlines-ground-flights-count-mounting-costs-of-the-coronavirus-shock-idUSKBN21I1JD
Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak, scrapping flights and ditching financial forecasts.
Factbox: Airlines ground flights, count mounting costs of the coronavirus shock
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Forbes
2020-03-31 04:37:12
https://www.forbes.com/sites/isabeltogoh/2020/03/31/american-airlines-seeks-12-billion-in-government-aid-to-protect-jobs/
The world’s biggest airline has slashed its domestic and international flights for the next two months and is seeking support to keep its workers on amid the coronavirus crisis.
American Airlines Seeks $12 Billion In Government Aid To Protect Jobs
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Seeking Alpha
2020-03-31 01:36:04
https://seekingalpha.com/article/4335135-buy-delta-sell-american
The call to Buy Delta Air Lines and Sell American Airlines is purely one from looking at the balance sheets and trends the last few years.
Buy Delta, Sell American
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Reuters
2020-03-31 00:24:03
https://www.reuters.com/article/us-health-coronavirus-airlines/u-s-airlines-must-suggest-possible-compensation-for-cash-grants-treasury-idUSKBN21I09X
Airlines must suggest possible compensation in return for government cash assistance and agree to conditions that include not cutting pay or laying off employees through Sept. 30, the U.S.
U.S. airlines must suggest possible compensation for cash grants: Treasury
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