US 80 Million Visit Tourism Business at Risk
Direct spending by tourists in the United States is about $750 billion a year. A deep drop in tourism would definitely affect the American economy.
Transportation
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Coronavirus Set to Cost Airlines Over $29 Billion in 2020 Revenues
The airline industry has taken another hit on flights to and from China, with demand being affected around Southeast Asia due to the Covid-19 novel coronavirus.
Why Wall Street Is Piling Back Onto the Uber Wagon
With its shares up over 30% year to date and an encouraging forecast for the rest of the year, analysts and investors have been jumping back on the Uber ride.
Why 2020 Could Be a Comeback Year for CSX Stock
CSX stock performed the most poorly of all the big U.S. railroad stocks last year, for a few reasons. Has anything changed in 2020 to give investors hope?
Will Airlines Fly Empty Planes?
As the coronavirus spreads, and the number of people on flights plunges, will airlines, particularly U.S. airlines, stop flying or will they keep their schedules and fly nearly deserted planes?
Are Airlines Shrugging Off Boeing With Q4 Earnings?
American Airlines, JetBlue and Southwest Airlines reported quarterly results before the markets opened on Thursday.
What to Watch When Major Airlines Report Thursday Morning
A couple of the airline industry leaders have already reported earnings, but even more are reporting before the opening bell on Thursday.
Is United Airlines Stock Finally Ready to Take Off?
United Airlines released better than expected fourth-quarter financial results after markets closed Tuesday.
Does CSX Deserve More Credit for Its Q4 Earnings Beat?
CSX shares fell after it released mixed fourth-quarter financial results after the markets closed on Thursday.
Are Amazon and FedEx Really Ready to Be Friends Again?
FedEx may be back in better graces with Amazon for Prime Member orders. The question is whether this is just temporary or whether the competing insourcing efforts from Amazon will ultimately push FedEx lower…
The Best Airlines and Airports for On-Time Performance
Here are the latest rankings of the global airlines and airports that posted the best on-time performance in 2019.
These Are the World’s Safest Airlines
Although marred by a devastating crash in Ethiopia that killed 189 people, 2019 posted a stellar safety record.
Even More Trouble for FedEx After Earnings
FedEx reported disappointing quarterly results and lowered its guidance after the markets closed on Tuesday, and shares dipped in the after-hours.
What to Expect When FedEx Reports After the Close
FedEx is scheduled to release its fiscal second-quarter financial results after the markets close on Tuesday.
Record Number of Americans Will Travel for the Holiday, Causing Massive Gridlock
Americans will travel at record levels this year. Over 115 million people will go somewhere via planes, trains, buses and automobiles between December 21 and January 1.