Transport & tourism news
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Delta Air Lines swings to £551.58 million of loss in the fiscal fourth quarter
- Delta Air Lines swings to £551.58 million of loss in the fiscal fourth quarter.
- The air carrier says revenue in the fourth quarter came in better than expected.
- Delta forecasts an up to 65% decline in total revenue in the current quarter.
14th JanuaryAnalyst previews bank earnings: ‘going to be messy’
TUI stock price plunges 15% as UK orders Spain quarantine
Shares of TUI AG (LON: TUI) have plunged 15% after the UK introduced a quarantine rule for all non-essential travel to Spain. As a result, shares tumbled below GBX300 to hit a 2-month low. Fundamental analysis: Government decision sends shock waves through travel industry On Saturday, the UK Government…
July 27, 2020
Carnival stock price plunges 7% as analyst calls it the “most ridiculously overvalued” trade
Shares of Carnival Corporation (NYSE: CCL) are trading nearly 7% down today as the buyers are unable to hold onto huge gains recorded yesterday. Separately, the stock market analyst believes that cruises are “overbought and overvalued”. Fundamental analysis: Cruises will continue to struggle – analyst Shares of cruise and…
June 9, 2020
United Airlines stock price pops despite $1.7 billion Q1 loss
Shares of United Airlines (NASDAQ:UAL) are trading modestly higher in premarket trading hours despite the biggest quarterly loss recorded since 2008. Fundamental analysis: Not as bad as expected United reported an adjusted per-share loss of $2.57 for the quarter ending March 31, compared to Wall Street expectations of a…
May 1, 2020