American has been one of the great U.S. airlines for decades. Laying off 25,000 people, about the population of a small U.S. city, is a sign that it faces a set of…
Douglas A. McIntyre American Airlines may be joining the list of companies that are furloughing employees during this coronavirus pandemic.
Chris Lange The International Air Transport Association has proposed that countries replace mandatory quarantines for foreign travelers with a series of measures the group says will protect passengers and get airplanes flying again.
American Airlines has reportedly added $500 million to the amount the company plans to raise in new debt and stock offerings, bringing the total raised to $4 billion.
Paul Ausick American Airlines is the latest of the major U.S. carriers to raise capital as the industry suffers through its worst crisis ever.
The comorbidity of the instant recession and COVID-19 has caused severe damage to anything tied to tourism. The airline industry previously enjoyed extremely healthy balance sheets and full planes, and demand was…
Investors have seen recoveries in airlines, hotels and other travel-related stocks over the past 75 days or so, but the trends for the great recovery in travel and tourism may not resemble…
United Airlines plans to raise $5 billion in new debt using its frequent flyer rewards as collateral. By the end of September the company expects to have about $17 billion in liquidity.
Monday's top analyst upgrades and downgrades included Delta Air Lines, Apache, Baidu, Intel, Kimco, Lennar, Lululemon Athletica, SelectQuote, Shopify, Starbucks and United Airlines.
Analysts clear Boeing stock for takeoff as travel demand picks up.
American Airlines will lay off 5,000 people. The airline has been crippled by the sharp decline in travel.
Warren Buffett is known for trying to bring calm to the markets and signaling that America's greatest days are ahead of it. What does it signal when he chose not to acquire…
These five well-known blue-chip companies are likely to survive the current troubles and could very well offer patient investors some huge returns over the next year or so.
Boeing was in trouble long before the COVID-19 pandemic forever changed air travel. Things did not get better this weekend, given Warren Buffett’s bad news for airline stocks.
A generally accepted rule is that for older investors, most investments should be conservative and less risky. Does the same rule apply to Warren Buffett? Should it?
