Delta Airlines reported second-quarter earnings Tuesday that missed already low estimates. The company's CEO expects the effects of the COVID-19 pandemic to last for more than two years.
Paul Ausick Here, 24/7 Wall St. offers a preview of what to expect from Delta Air Lines, Netflix, PepsiCo and some of the other most anticipated quarterly results due this week.
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 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…
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.
The COVID-19 recession has crushed the travel industry more than many other key industries. As the economy has started to reopen for business, the predictable rise in COVID-19 cases has the public…
Analysts clear Boeing stock for takeoff as travel demand picks up.
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…
The situation got a little worse today for Boeing amid the COVID-19 pandemic as Australian airline Qantas International said it would not take delivery of any new planes from Boeing or Airbus…
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?
These five stocks could be big winners if the recovery is V-shaped and sooner rather than later. They also have had strong insider buying during the recent downturn and comeback rally, a…
Both Delta and United have raised billions to keep employees working while passenger traffic has essentially disappeared. When will passengers be willing to get on a plane again?
