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According to a Bloomberg report, spending for the Labor Day holiday was down 16% from 2019 as of Aug. 21, while bookings were off 15%. Delta Air Lines' stock was trading about 3.5% lower at $40.04 ...
The NYSE Arca Airline index, which tracks the performance of major American and overseas airlines, has slide 15% so far this month, underperforming the benchmark S&P 500 index, which is down by 0.6%.
Major airline stocks like United (UAL), Delta (DAL), and American (AAL) fell by as much as 10% during Monday's trading session; the US Global Jets ETF (JETS) took a big hit as well.
Delta Air Lines will report its first-quarter results on Friday, with big banks beginning next week to kick off the latest earnings reporting season in earnest. All told, the S&P 500 rose 9.22 ...
Delta shares tumbled 6% in midday trading Thursday, and the shares of other carriers were dragged down as well. Higher costs and low base fares send Delta's profit down 29%. The airline still ...
Delta Air Lines stock has gained 42% over the past year, while American Airlines stock is down about 6% and Southwest Airlines stock has fallen about 10%. IAG announced it would buy back shares ...
Strong air-travel demand bodes well for the likes of Delta (DAL), United Airlines (UAL), American Airlines (AAL), Southwest Airlines (LUV) and JetBlue Airways (JBLU). Airline Stocks Make Merry in ...
United Airlines and Delta Air Lines stock deserves a rerating.