Hints and tips:
..., United Airlines, Delta Air Lines and Southwest Airlines, which together control about 80 per cent of the market....
...In the US, American Airlines, Delta Air Lines and United pulled their 2020 financial forecasts....
...Hong Kong airline Cathay Pacific will slash 8,500 jobs. United Airlines pledged 352 aircraft against $3bn of emergency loans....
...Meanwhile, a $2.25bn bond sale from United Airlines failed to get off the ground this month, as investors expressed scepticism about the value of the ageing aircraft the US airline offered as collateral....
...or John F Kennedy in New York....
...It will eliminate services to continental Europe while keeping routes to London....
...(More on this below) (FT) Coronavirus digest United Airlines reported a $1.8bn net loss in the third quarter and expects a further $1.1bn charge to cover 22,000 job cuts....
...Both join from K & L Gates....
...Delta is the most exposed in the U.S. - Europe ex-U.K. market, followed by United, while American is primarily exposed to London....
...United Airlines, which operates 737 Max 9 models that will now also be grounded, finished up 1.7 per cent. Delta Air Lines, which does not operate any 737 Max aircraft, was up 0.7 per cent....
...The Fort Worth, Texas-based airline said it now expects first quarter revenue per available seat mile (TRASM) — a closely watched industry metric of how much airlines are making for each seat they fly a...
...Other airlines’ shares rose. Shares in United Continental rose 2.4 per cent and Delta crept 0.9 per cent higher in morning trade in New York....
...United Continental made no formal mention of an impact in its earnings release....
...Other airline shares were also grounded. Delta, Southwest were both down nearly 4 per cent. United Continental dropped 6.4 per cent while JetBlue retreated 4.5 per cent....
...Rivals were also buoyed by Delta’s outlook, with United Continental up 3.9 per cent and American Airlines up 3.2 per cent. Southwest Airlines was up a more modest 1.3 per cent....
...Shares in Delta were down 9 per cent by mid-morning in New York, American Airlines shares fell 8 per cent and United Continental dropped 5 per cent....
...A day earlier, United Continental reiterated its plans to boost its flight network by another 4 to 6 per cent in 2019....
...The news comes on the heels of similar moves by Delta Air Lines, United Continental and JetBlue earlier this month....
...Within this, United Continental fell 1.3 per cent, American Airlines shed 2.6 per cent while Southwest Airlines traded 0.8 per cent lower....
...American Airlines, Delta Airlines and United Airlines on Wednesday removed references to Taiwan on their websites but they did not go as far as most other global airlines by describing the self-governing...
...Shares in Southwest Airlines fell 2 per cent to $50.43, that also dragged on rivals with Delta Air Lines shares falling 1.5 per cent to $54.35, United Continental shares off 1.8 per cent to $68.73 and American...
...United Continental said it expects to be able to recoup about 90 per cent of the rise in fuel prices for the full year....
...Alaska Airwas down 3.3 per cent, United Continental fell 2.8 per cent, Delta Air Lines was down 1.7 per cent and Southwest Airlines dropped 0.8 per cent....
...United uses data to offer personalised service After a series of public relations disasters in the past year, including the death of a puppy on a flight, United Airlines has stepped up efforts to improve...
...American Airlines was among the top declines on the S&P 500, shedding 4.7 per cent to close at $47.46. Rivals United Continental and Southwest also lost altitude, both falling 1.3 per cent....
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