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Travel demand cushions 737 MAX toll

Healthy travel demand helped cushion quarterly results at American Airlines and Southwest even though the Boeing 737 MAX grounding weighed on costs and profits. Fred Katayama reports......»»

Category: videoSource: reutersJan 23rd, 2020

Oil sinks to three-month lows as coronavirus raises demand fears

Crude futures dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, curtailing travel and fueling expectations of slowing oil demand......»»

Category: topSource: reutersJan 27th, 2020

Oil falls 2% to three-month lows as China virus raises demand fears

Crude prices dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand......»»

Category: topSource: reutersJan 27th, 2020

Healthy travel demand helps cushion 737 MAX toll for American, Southwest

Healthy travel demand should continue to cushion results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, even as the prolonged Boeing 737 MAX grounding weighs on costs and profits......»»

Category: topSource: reutersJan 23rd, 2020

United is testing Hawaii-bound passengers for COVID-19 to help them avoid quarantine — a move that could revive travel demand across the board

United will offer passengers heading from San Francisco to Hawaii a COVID-19 test, a bit to salvage an already grim 2021 travel .....»»

Category: topSource: businessinsiderSep 24th, 2020

Airline stocks led higher by Delta Air after travel demand rises to post-COVID-19 high

Airline stocks were broadly higher Monday, led by Delta Air Lines Inc., after more positive travel demand data, with a surge in the broader stock market also providing support......»»

Category: topSource: marketwatchSep 14th, 2020

JetBlue just announced 24 new routes as demand continues to shift to leisure travel – here"s the full list

Americans can expect to see more JetBlue at their local airports as the.....»»

Category: smallbizSource: nytSep 10th, 2020

Airbus more than triples Boeing’s delivery performance through August

Each company continues to feel the impact of Covid-19 on air travel demand......»»

Category: topSource: bizjournalsSep 9th, 2020

Airline stocks fall amid concerns that the travel recovery from the COVID-19 lows have slowed

Airline stocks were broadly lower Wednesday, after a number of air carriers provided travel demand and capacity outlooks that raised .....»»

Category: topSource: marketwatchSep 9th, 2020

Airline stocks rise after data showing rise in travel demand over Labor Day weekend

Shares of airline companies traded mostly higher Tuesday, as signs of increasing travel demand and bullish analyst calls helped the industry buck the selloff in the broader stock market......»»

Category: topSource: marketwatchSep 8th, 2020

Airline stocks rally after data showing rise in travel demand over Labor Day weekend

Shares of airline companies traded mostly higher Tuesday, as signs of increasing travel demand and bullish analyst calls helped the industry buck the selloff in the broader stock market......»»

Category: topSource: marketwatchSep 8th, 2020

Major U.S. airlines permanently drop change fees

A number of U.S. airlines are removing change fees for good on most domestic flights as the aviation industry continues to be impacted by a decline in demand for travel caused by the coronavirus. United Airlines announced Sunday that it would perm.....»»

Category: topSource: bizjournalsSep 1st, 2020

Trump: "We"ll be helping the airlines" as furloughs loom

Demand for air travel shows little signs of picking up......»»

Category: topSource: foxnewsSep 1st, 2020

BofA Says More Airline Capacity Cuts Ahead

As fall approaches, travel patterns are set to turn to lean more toward corporate and less toward leisure demand, which foreshadows more capacity cuts at airlines in September and beyond, according to BofA Securities. read more.....»»

Category: blogSource: benzingaAug 31st, 2020

Toll Brothers, Taylor Morrison could benefit from housing demand, Barron"s says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 29th, 2020

Historic downtown hotel plans layoffs after "significant" furloughs

The Sheraton Gunter Hotel plans to lay off nearly 40 employees as the downturn in travel caused by Covid-19 continues to take a toll on San Antonio’s hospitality industry. The more than century-old hotel is the latest Alamo City inn prompted to .....»»

Category: topSource: bizjournalsAug 27th, 2020

Toll Brothers: August deposits suggest more demand than July

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 26th, 2020

Toll Brothers: Strong demand has continued so far in August

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 26th, 2020

Toll Brothers: Demand in June not stronger than July

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 26th, 2020

Airline stocks hit hard as rising COVID-19 cases offsets new high in travel demand

Shares of U.S.-based airlines took a hit Monday, following the lead of their Europe counterparts, amid growing concerns over a spike of COVID-19 cases around the world. The U.S. Global Je.....»»

Category: topSource: marketwatchAug 17th, 2020

The IEA warns global oil demand will shrink further in both 2020 and 2021, held up by gloomy air travel

FATHI NASRI/Getty The International Energy Agency lowered its global oil demand forecasts for 2020 and 2021 on expectations of a further downturn in air travel. Although there has been a recovery in business and industrial activity, that did not.....»»

Category: topSource: businessinsiderAug 13th, 2020