Airline Stocks Cool
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With airline stocks, quality matters. American has $29.4 billion in long-term debt, about double Delta's total. While the airline should have the wherewithal to cover that debt, it does leave the company more vulnerable to a potential downturn up ahead.
American Airlines Group Inc. (NASDAQ:AAL) is one of the stocks that are flying past expectations. American Airlines snapped a three-day losing streak on Thursday, surging 12.72 percent to close at $12.
Airlines stocks took off on Thursday, boosted by Delta reporting better-than-expected earnings and reinstating its full-year guidance. Here are the key chart levels to monitor for shares of three major U.
Delta Air Lines said on Thursday its bookings have stabilized, prompting it to forecast a brighter profit outlook for coming quarters, even as
Delta Air Lines reinstated a profit outlook for the year and said travelers are coming back, prompting its stock to surge amid a fresh sense of confidence in the beaten-down U.S. consumer.
With limited demand for lower-priced fares, carriers are poised to reduce domestic main-cabin capacity by about 1% by September, Delta Air Lines President Glen Hauenstein said Thursday.
Delta Air Lines, the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from a global trade war.
A Delta Air Lines flight from Madrid to New York had to make an emergency landing on a tiny island in the Azores, in the middle of the Atlantic, due to a reported mechanical issue
Delta Air Lines posted record revenues on Thursday. Main cabin revenue fell 5%, but rose 5% for premium products as post-pandemic trends continue.