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Airline Stock Roundup: UAL s Bulk Order of 270 Jets, JBLU s Expansion Update & More
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Airline Stock Roundup: UAL s Bulk Order of 270 Jets, JBLU s Expansion Update & More
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Ryanair : trafic en hausse, emploi PNC et arrivée à Zagreb
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Airline Stock Roundup: GOL & ALGT Report Q1 Loss Amid Coronavirus Woes Zacks.com 2 days ago
Gol Linhas Aereas Inteligentes GOL and
Allegiant Travel Company ALGT incurred losses for first-quarter 2021. Results were hurt by the huge plummet in passenger revenues. Also, air-travel remained weak on a year-over-year basis. Further, heavyweights like
American Airlines AAL and
Southwest Airlines LUV reported first-quarter loss due to dwindling passenger revenues as mentioned in the previous week’s write up.
Additionally,
SkyWest SKYW underperformed estimates in the March quarter despite reporting earnings, unlike the above two carriers. SkyWest’s results were affected by a significant cut in the number of scheduled flights as a result of the pandemic.
FTSE 100 Rises On Stimulus Optimism
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks rose on Tuesday as concerns about volatile retail trading receded and liquidity tension in China s interbank money markets started to fade. Signs of progress in U.S. stimulus also offered some support.
The benchmark FTSE 100 climbed 43 points, or 0.7 percent, to 6,509 after closing 0.9 percent higher the previous day.
Airline EasyJet gained 2.4 percent and Ryanair Holding rallied 2.5 percent amid signs of the vaccination rollout picking up pace.
Oil major BP Plc tumbled 3.2 percent after its fourth-quarter profit missed the consensus view.
Online food delivery company Just Eat Takeaway.com dropped 1.6 percent after it placed 1.1 billion euros of convertible bonds, consisting of two tranches.