Airline stocks soar on hopes for financial relief from coronavirus, Delta up 10% [CNBC]
EASYJET PLC S/ADR (ESYJY)
NASDAQ:AMEX Investor Relations:
corporate.easyjet.com/investors.aspx
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Source: CNBC
An aircraft operated by British low cost airline Easyjet moves past other aircrafts as a rainbow is seen at Amsterdam Airport Schiphol on March 9, 2020 in Schiphol, Netherlands. Yuriko Nakao | Getty Images Shares of major U.S. airlines got a respite Friday on expectations that the government will provide targeted financial relief from the coronavirus impact. Delta Air Lines American Airlines United Airlines Airlines are among the hardest-hit industries due to the travel restrictions to slow down the spreading of the novel coronavirus. Major airlines have cut domestic and international flights because of the dented demand. The stock market rallied on Friday after suffering its worst day since the "Black Monday" in 1987. Investors grew more optimistic that economic relief in response to the outbreak is on the horizon. Cruise line stocks also soared on Friday, with Carnival Norwegian for exclusive insights and analysis, and live business day programming from around the world.
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News
- Aviation results: European carriers EasyJet and Jet2 fly to new heights, while Airbus prepares to overtake Boeing as headwinds continue [Yahoo! Finance]Yahoo! Finance
- Aviation results: European carriers EasyJet and Jet2 fly to new heights, while Airbus prepares to overtake Boeing as headwinds continue [Fortune]Fortune
- The summer's looking bright for budget airline easyJet as bookings grow, losses narrow and its Israel service is repurposed [Fortune]Fortune
- EasyJet Summer Bookings Build; Airline Redeploys Israel Service [BNN Bloomberg (Canada)]BNN Bloomberg
- Flights cancelled in parts of UK, power outages in Ireland due to storm [Reuters]Reuters