Airline stocks have tumbled across the board as travel demand dropped to near-zero amid the global coronavirus pandemic and lockdowns around the world.
"We continue to like leisure exposed airlines with good liquidity and strong balance sheets," he wrote in the note. Although US airlines as an industry are expected to see their collective net debt increase 40% over 2020, largely as they attempt to survive the pandemic, Southwest and Alaska will likely be below the average, Didora wrote — Alaska is forecasted to only grow its debt by 8%.
Corporate travel is expected to return more slowly than Leisure, hindering the expected financial performance of the major US carriers: American, Delta, and United.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Look inside a converted Rhode Island fire station for sale - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. When you feel like giving up, remember why you held on so long in the first place. Never give up on your dream! I mean, they can’t get credit for keeping the fire pole. No sane person would remove the fire pole PTeach111 Wow. That’s quite a place.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Inside clash between Minneapolis police and union: Arradondo and Kroll - Business Insider[THREAD] 👇 Chief Medaria Arradondo — Minneapolis' first black police chief — once sued the city and the department, alleging racial discrimination. He’s attempted to institute meaningful reform, but has been met with resistance from the police union. Criminal justice experts say police unions impede meaningful reform in city police departments by protecting aggressive cops. In addition to advocating for higher wages, unions sought to protect job security by limiting disciplinary transparency. Here you go...here’s a really good way to reform police departments...target the unions...they’ve been hindering reform for years and protect bad cops when they shouldn’t be protected DemocRAT run Minneapolis right ? ...
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Inside McDonald's response to George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No junk food. They save lives.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
What Trump insiders are saying, Silicon Valley's split, and how to invest - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Michelle Obama tells class of 2020 to 'focus' their anger for good - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. She can virtually kiss my ass anger what made her think all the graduates are suffering from anger issues...if she wanna talk about planned riots than she should have talked on Day 1 when cities burning not after it turned to dust. Put up a recent pic ... she looks haggard
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Stock picks to buy: 11 companies set to beat the market over 3 months - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hidden costs of buying this list.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »