CEA Industries Inc. Provides Update on Acquisition of Leading Canadian Vape Retailer and Manufacturer, Fat Panda Ltd.
- Louisville, Colorado, April 01, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is providing an update on its previously announced acquisition of Fat Panda Ltd. (“Fat Panda”), a leading central Canadian retailer and manufacturer of nicotine vape products.
- 04/01/2025
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CEA Industries Inc. Reports Fourth Quarter and Full Year 2024 Results
- Louisville, Colorado, March 27, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three and twelve months ended December 31, 2024.
- 03/27/2025
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111 Equity applauds CEA Industries & Fat Panda transaction, adds to position after announcement
- NEW YORK , Feb. 13, 2025 /PRNewswire/ - 111 Equity is very encouraged by this transaction and looks forward to more information on the transaction being released to the market soon. The CEAD board and CEO Tony McDonald are proving to be great stewards of the company's resources in securing a company with attractive operations, double digit revenue growth, and a deal that has little dilution to CEAD shareholders.
- 02/13/2025
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CEA Industries Inc. Signs Agreement to Acquire Leading Canadian Vape Retailer and Manufacturer, Fat Panda Ltd.
- Louisville, Colorado, Feb. 12, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced that it has signed an agreement to acquire Fat Panda Ltd. (“Fat Panda”), a leading Canadian retailer and manufacturer of nicotine vape products, for an aggregate purchase price of CAD $18 million (USD $12.6 million) payable at closing. The Company will pay the purchase price with a combination of cash, CEA Industries common shares, and seller and bank debt. The structure of this accretive acquisition is designed to have minimal dilution to CEA Industries' shareholders.
- 02/12/2025
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AMD and the Commissariat à l'énergie atomique et aux énergies alternatives (CEA) to Collaborate on the Future of AI Compute
- — Technology leaders explore research partnership to advance next-generation AI computing architectures — — Technology leaders explore research partnership to advance next-generation AI computing architectures —
- 02/11/2025
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CEA Industries Inc. Negotiating to Acquire a Leading Specialty Retailer
- Louisville, Colorado, Dec. 03, 2024 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced that it is under a non-binding Letter of Intent (“LOI”)”) to acquire a leading specialty retailer and manufacturer (the “Target”), which would be paid for with a combination of cash, CEA Industries common shares, and debt.
- 12/03/2024
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CEA Industries Inc. Reports Third Quarter 2024 Results
- Louisville, Colorado, Nov. 14, 2024 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three months ended September 30, 2024.
- 11/14/2024
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A2 Bio to Highlight Progress of CAR T Clinical Programs in Three Poster Presentations at 2024 American Society of Clinical Oncology (ASCO) Annual Meeting
- AGOURA HILLS, Calif.--(BUSINESS WIRE)-- #A2Bio--A2 Bio to Highlight Progress of CAR T Clinical Programs in Three Poster Presentations at 2024 ASCO Annual Meeting.
- 04/24/2024
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‘Lineman Diwas’ – A Unique Initiative by the Central Electricity Authority to Honor the Selfless Contribution of Frontline Workforce of the Power Sector
- The Central Electricity Authority (CEA), Ministry of Power in association with Tata Power Delhi Distribution (Tata Power-DDL) Ltd. commemorated the Fourth Edition of Lineman Diwas on March 4th, 2024 in New Delhi. The initiative aims to honor the frontline heroes of the Indian Power Sector – The Linemen, by establishing it as a nationwide …
- 03/05/2024
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Qantas, China Eastern Airlines withdraw request to regulator to extend pact
- Qantas Airways said on Tuesday the company and China Eastern Airlines have withdrawn their application to the Australian competition regulator that sought to extend their joint business.
- 10/24/2023
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China Eastern Airlines just made the biggest C919 order ever, for 100 planes
- China Eastern Airlines said on Thursday it will buy another 100 C919 airplanes in a deal worth $10 billion at list prices, in what would be the largest ever order for the jet made by the Commercial Aircraft Corporation of China (COMAC).
- 09/28/2023
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China Eastern Airlines Join 2023 North Bund International Aviation Forum
- SHANGHAI--(BUSINESS WIRE)--The 2023 North Bund International Aviation Forum was held in Shanghai on Sept. 22. Themed "New Landscape, New Prosperity," the forum was co-hosted by China Eastern Air Holding Co., Ltd. and Shanghai Airport Authority. It marked the third year in a row for the two sides to hold the event. Over 200 professionals in the global aviation industry, representatives from international aviation organizations and the Chinese government, executives of renowned airlines, as well.
- 09/22/2023
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China Eastern Airlines Opens Direct Flights Between Shanghai and Istanbul on September 28
- SHANGHAI--(BUSINESS WIRE)--China Eastern Airlines has announced that it will launch a new direct flight between Shanghai and Istanbul starting from September 28, 2023. This marks the first time a Chinese airline has operated a route between China and Turkey, connecting the two globally renowned cities and important aviation hubs. The flight numbers for the Shanghai-Istanbul route will be MU703/704, with three weekly flights. Departing from Shanghai Pudong International Airport at 01:30 Beijing.
- 08/30/2023
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What Does the Debt Ceiling Mean for the Stock Market?
- As lawmakers continue to scramble to raise the debt ceiling before the Treasury runs out of money on “X-date,” some investors are considering the potential effects a U.S. debt default would have on the stock market. It's somewhat unclear exactly how the stock market will be affected, given that the U.S. has never defaulted.
- 05/25/2023
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China Eastern Airlines shines at China Brand Day events
- SHANGHAI, China–(BUSINESS WIRE)–The China Brand Day events kicked off at the Shanghai World Expo Exhibition and Convention Center in mid-May, joined by over 1,000 Chinese brands. At the events, China Eastern Airlines (CEA) displayed its cabin services, in-flight meals, technological and innovative products and other interactive experiences with an aim to build an immersive experience […]...
- 05/18/2023
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CEA to Operate 612 International and Regional Round-trip Flights During 2023 Summer Season
- SHANGHAI–(BUSINESS WIRE)–The civil aviation industry has officially kicked off the 2023 summer season on March 26. The Shanghai Hongqiao International Airport has resumed international air services as well as flights to and from China’s Hong Kong SAR, Macao SAR and Taiwan region. As the largest Shanghai-based airline, China Eastern Airlines (CEA) has restarted multiple flights […]...
- 03/27/2023
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China Eastern Airlines: Bullish But Delisting Nears
- Chinese air travel demand is surging. Chinese airline stocks intend to de-list from NYSE amidst audit control access.
- 01/17/2023
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China's Big 3 Airlines Have Record Profit in 2024: Jain
- Parash Jain, global equity sector head of shipping & ports and head of transport research for Asia Pacific at HSBC, discusses his concerns about China's reopening, the recovery of the travel sector and his outlook on Cathay Pacific. He speaks on Bloomberg Television.
- 12/11/2022
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China Eastern Airlines: Anti-Parallel Performance, High-Risk Buy Opportunity
- China Eastern Airlines still suffers from the COVID-19 policy yo-yo effect. Airline showed lower lows and higher highs, providing both a risk and opportunity for investors.
- 11/21/2022
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Sino-German “Generation Z” Uncover In-flight Meals with CEA Chefs
- SHANGHAI–(BUSINESS WIRE)–On October 28, teachers and students from Chinese and German universities participated in the livestream activity hosted by China Eastern Airlines (CEA). The CEA chefs invited over 50 students from Shanghai Jiao Tong University, Konstanz University of Applied Sciences, University of Munich, Technical University of Munich and Munich University of Applied Sciences to carry […]...
- 11/01/2022
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China Eastern livestream brings together Chinese and Italian university students at first day of Wenzhou-Rome direct flight
- SHANGHAI–(BUSINESS WIRE)–On October 27 China Eastern Airlines (CEA) launched a direct flight between Whenzhou, China and Rome, Italy. From then on, the MU753 departs from Whenzhou every Thursday and is scheduled to arrive at Rome Fiumicino Leonardo da Vinci Airport after 13 hours, while the returning MU754 departs from the Rome Fiumicino Airport every Friday […]...
- 10/31/2022
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CEA Industries Inc. to Hold Third Quarter 2022 Conference Call on November 14 at 4:15 p.m. ET
- Louisville, Colorado, Oct. 31, 2022 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW), a leader in controlled environment agriculture (CEA) systems engineering and technologies, will host a conference call on Monday, November 14, 2022, to discuss its results for the third quarter ended September 30, 2022. CEA Industries’ management will host the conference call, followed… The post CEA Industries Inc. to Hold Third Quarter 2022 Conference Call on November 14 at 4:15 p.m. ET appeared fi...
- 10/31/2022
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CEA Industries Inc. to Hold Third Quarter 2022 Conference
- Louisville, Colorado, Oct. 31, 2022 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW), a leader in controlled environment agriculture (CEA) systems engineering and technologies, will host a conference call on Monday, November 14, 2022, to discuss its results for the third quarter ended September 30, 2022. CEA Industries’ management will host the conference call, followed […]...
- 10/31/2022
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Surna Cultivation Technologies to Offer Water Treatment Solutions
- Louisville, Colorado, Oct. 19, 2022 (GLOBE NEWSWIRE) — Surna Cultivation Technologies LLC, a leader in controlled environment agriculture (CEA) systems engineering and technologies, and a subsidiary of CEA Industries Inc. (NASDAQ: CEAD), is proud to announce another expansion to its products and services offerings to include a portfolio of water treatment solutions. Surna understands the… The post Surna Cultivation Technologies to Offer Water Treatment Solutions appeared first on DKODING...
- 10/19/2022
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CEA Industries Inc. Signs Contract with Merida Capital Holdings Client
- Louisville, Colorado, Oct. 04, 2022 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), a leader in controlled environment agriculture (CEA) systems engineering and technologies, today announced that its subsidiary, Surna Cultivation Technologies LLC (“Surna”), has signed a contract with a client of its previously announced partner, Merida Capital Holdings… The post CEA Industries Inc. Signs Contract with Merida Capital Holdings Client appeared first...
- 10/04/2022
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Surna Cultivation Technologies to Exhibit at Upcoming Conferences in the Fourth Quarter
- Louisville, Colorado, Sept. 27, 2022 (GLOBE NEWSWIRE) — Surna Cultivation Technologies LLC (“Surna”), a leader in controlled environment agriculture (CEA) systems engineering and technologies, and a subsidiary of CEA Industries Inc. (NASDAQ: CEAD), today announced its participation in the upcoming indoor ag conferences taking place in October and November 2022: Lucky Leaf Expo, Albuquerque, NM,… The post Surna Cultivation Technologies to Exhibit at Upcoming Conferences in the Fourth Quarter app...
- 09/27/2022
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China's Big 3 Airlines Lose $18.5 Billion Amid Covid Curbs
- China's big three state-owned airlines were badly hit the government's Covid-zero strategy. Total losses of Air China Ltd.
- 08/30/2022
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Surna Cultivation Technologies Celebrates 16th Anniversary
- AgTech Leader Celebrates 16 Years of Grow Room Innovations Louisville, Colorado, Aug. 25, 2022 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”) subsidiary, Surna Cultivation Technologies LLC (“Surna”), today announced its 16th anniversary of offering controlled environment agriculture (CEA) systems engineering and technologies. The Company has served the needs […]...
- 08/27/2022
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CEA Industries Reports Second Quarter 2022 Results
- Louisville, Colorado, Aug. 11, 2022 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”) a leader in controlled environment agriculture (CEA) systems engineering and technologies, is reporting results for the three months ended June 30, 2022. Second Quarter 2022 Financial Highlights (in $ thousands, excl. margin items): Q2 2022… The post CEA Industries Reports Second Quarter 2022 Results appeared first on DKODING...
- 08/11/2022
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CEA Industries Reports Second Quarter 2022 Results
- Louisville, Colorado, Aug. 11, 2022 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”) a leader in controlled environment agriculture (CEA) systems engineering and technologies, is reporting results for the three months ended June 30, 2022. Second Quarter 2022 Financial Highlights (in $ thousands, excl. margin items): Q2 2022 […]...
- 08/11/2022
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CEA Industries Inc. to Hold Second Quarter 2022 Conference
- Louisville, Colorado, July 28, 2022 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW), a leader in controlled environment agriculture (CEA) systems engineering and technologies, will host a conference call on Thursday, August 11, 2022, to discuss its results for the second quarter ended June 30, 2022. CEA management will host the conference call, followed by […]...
- 07/31/2022
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China Eastern Airlines: A Pandemic Yo-Yo
- China Eastern Airlines saw year-over-year declines in revenues and cost surge. With a lockdown implemented in late March that lasted until the start of June, things are not looking promising for the second quarter.
- 06/17/2022
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Black box data from China Eastern Airlines plane crash that killed 132 people may have been intentional, reports say
- The plane crashed in March, with no survivors. Flight data suggests someone in the cockpit pushed the plane into a nosedive, the WSJ reported.
- 05/17/2022
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China Eastern Airlines crash that killed 132 may have been intentional: report
- The Chinese airliner that crashed into a mountain in March was put into a near-vertical nosedive by someone in the cockpit, The Wall Street Journal reported Tuesday.
- 05/17/2022
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China Eastern Airlines to raise up to $2.2 billion through A-Share sale
- China Eastern Airlines Corp plans to raise up to 15 billion yuan ($2.23 billion) in a share sale to expand its fleet and to replenish working capital, the company said in a filing to the Shanghai stock exchange on Tuesday.
- 05/10/2022
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China's top airlines post wider 2021 losses amid drive to stamp out COVID
- China's three biggest airlines on Wednesday reported wider losses in the final quarter of 2021, marking the second year in the red due to COVID-19 as hopes for a recovery remain distant while the country tries to halt the virus' fast spread.
- 03/30/2022
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U.S. approves China Eastern Airlines bid to shift some New York-Shanghai flights
- The U.S. Transportation Department said Tuesday it had approved the bid of China Eastern Airlines Corp to temporarily move New York to Shanghai flights over COVID-19 measures to a different Chinese airport.
- 03/29/2022
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China Eastern Airlines grounds 223 Boeing 737-800 aircraft after crash
- China Eastern Airlines is grounding dozens of aircraft after a deadly crash earlier this week.
- 03/25/2022
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Outgoing FAA chief Steve Dickson on Boeing Dreamliner issues and China Eastern Airlines crash
- CNBC's Phil LeBeau sits down with Steve Dickson, Federal Aviation Administration administrator, to discuss the agency's work with Boeing and the recent crash of a China Eastern Airlines flight.
- 03/25/2022
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Scammers are using video games to fake footage of war in Ukraine and the China Eastern Airlines plane crash
- One video that was viewed thousands of times claimed to show the moment a plane crashed in China. It was a flight simulation first uploaded in 2019.
- 03/23/2022
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Black box found from Boeing passenger jet that crashed in China, state media says
- One of the two black boxes containing data from Monday's plane crash has been found, Chinese state media said Wednesday.
- 03/23/2022
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China Boeing 737 plane crash: No survivors found; search for black box continues
- More than 24 hours after a China Eastern Airlines Boeing flight crashed with 132 people on board, authorities said they aren't much closer to understanding why.
- 03/23/2022
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No Survivors Found in Crash of China Eastern Airlines Jet
- The Boeing 737-800 plane operated by China Eastern Airlines carrying 132 people crashed Monday in southern China.
- 03/22/2022
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Analysis: China Eastern crash could set back Boeing's China recovery, return of MAX
- The deadly crash of a China Eastern Airlines 737-800 could set back Boeing's efforts to regain ground in the world's biggest aircraft market and deliver more than 140 737 MAX jets already constructed for Chinese customers.
- 03/21/2022
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Boeing CEO offers 'full support' for China aviation crash probe
- Boeing Chief Executive Dave Calhoun told employees on Monday that the planemaker has offered the full support of its technical experts in the investigation of the crash of a China Eastern Airlines 737-800 airplane.
- 03/21/2022
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China Eastern is grounding all of its Boeing 737-800 passenger flights after plane crashed with 132 people on board
- The China Eastern flight crashed into a Chinese mountainside about halfway through its journey Monday.
- 03/21/2022
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Boeing 737 operated by China Eastern Airlines crashes with 132 board
- Jeff Potter, former Frontier Airlines CEO and Manifest Escapes CEO and founder, joins 'Squawk on the Street' to discuss a Boeing 737's recent crash, where airplane-makers have made the most strides and more.
- 03/21/2022
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Boeing 737 passenger jet crashes in China
- Yahoo Finance's Alexis Keenan joins the Live show to report that a China Eastern Airlines Boeing 737 passenger jet crashed in China's Guangxi province.
- 03/21/2022
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Boeing shares tank after China Eastern Airlines plane crash
- Boeing's stock dropped by as much as 8% in premarket trading Monday following reports that one of its planes operated by China Eastern Airlines has crashed with 132 passengers on board. The plane was a six-year-old Boeing 737-800 model — not one of the 737 Max variety there were grounded around the world after deadly.
- 03/21/2022
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Boeing 737 Passenger Jet Of China Eastern Airlines Crashes With 132 On Board: Bloomberg
- A China Eastern Airlines Corp. (NYSE: CEA) Boeing Co. (NYSE: BA) 737-800NG plane carrying 132 people crashed in China's southwestern province of Guangxi, reported Bloomberg. According to FlightRadar24, China Eastern flight MU5735 was seen on the radar tracking.
- 03/21/2022
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Boeing 737 operated by China Eastern Airlines crashes with 132 people on board
- A China Eastern Airlines Boeing 737 passenger plane has crashed with 132 people on board, according to China's aviation authority. CNBC's Phil LeBeau joins 'Squawk Box' to discuss.
- 03/21/2022
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Plane Carrying 132 People Crashes In China
- The Boeing 737 jet crashed in a mountainous part of Guangxi province in southern China.
- 03/21/2022
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China Eastern Boeing 737 Crashes in Southern China
- A Boeing 737 plane operated by China Eastern Airlines carrying about 130 people has crashed in southern China.
- 03/21/2022
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A China Eastern Airlines Boeing 737 has crashed with 132 people on board, Chinese aviation authority says
- The Boeing 737 has 132 people on board, including 123 passengers and 9 crew members.
- 03/21/2022
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Boeing shares slide 6% in premarket after China Eastern Airlines jet crashes
- BEIJING (AP) — A Chinese airliner with 133 people on board crashed in the southern province of Guangxi on Monday, state media has reported.sparking a mountainside fire.
- 03/21/2022
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China Eastern Airlines seeks U.S. approval to shift New York-Shanghai flights
- WASHINGTON (Reuters) -China Eastern Airlines Corp on Wednesday asked the U.S. Transportation Department for approval to temporarily shift New York to Shanghai flights over COVID-19 measures.
- 03/16/2022
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China Eastern Air, China Southern Downgraded by Daiwa
- Jan.05 -- Kelvin Lau, executive director of Daiwa Capital Markets, discusses the prospects for Chinese transportation companies. Daiwa downgraded Hong Kong-listed shares of China Eastern Airlines Corp. and China Southern Airlines Corp. in December from "buy" following the airlines' recent vaccine-fueled rebound.
- 01/05/2021
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China Southern Airlines Is Back On Track As Domestic Tourism Recovers
- China Southern Airlines Is Back On Track As Domestic Tourism Recovers
- 01/05/2021
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Delta's Partner Strategy: Tested, Strengthened
- International air travel has been decimated during the covid-19 era. Delta Air Lines built the largest portfolio of equity investments in foreign airlines prior to covid-19.
- 08/26/2020
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Air China Enhances UATP Network As Newest Airline Issuer
- UATP announced today that the national flag carrier of China, Air China, has joined the Network as a UATP Issuer and will accept all UATP accounts as a form of payment.
- 08/13/2020
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In China, airlines plug 'all you can fly' deals to pierce coronavirus clouds
- China Southern Airlines on Tuesday rolled out an 'all you can fly' pass, becoming the latest in a fleet of cash-strapped carriers to join a promotional craze that analysts say has helped revive a coronavirus-ravaged air travel market. At least eight of China's dozens of airlines have introduced similar deals since June, often priced around $500 for in some cases unlimited flights. The global aviation industry is keenly eyeing China as a pilot for air travel recovery trends, as the country reopened its economy months earlier than other places after managing to bring the pandemic mostly under control - at least for now.
- 07/28/2020
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Fareportal Becomes UATP's Newest Issuer
- Fareportal has joined the UATP Network and is the first OTA to issue UATP accounts. The partnership allows for reduced distribution costs using the airlines' own lower cost form of payment, UATP. Fareportal is active with live accounts.
- 07/08/2020
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UATP Forms Partnership With Skål International USA
- UATP is pleased to enter a strategic partnership with Skål International USA effective immediately. The partnership will support their common goal of enriching the travel industry via available products and uniting the travel and tourism industry.
- 06/17/2020
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Shares of several airline companies are trading higher on continued momentum after American Airlines on Thursday indicated it would add back flights in July.
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Chinese airlines resort to short-term debt for lifeline as coronavirus batters global aviation industry
- Major Chinese airlines have been resorting to short-term financing to stay afloat after their revenues all but stopped amid travel restrictions aimed at containing the deadly coronavirus pandemic.The debt burden among carriers globally is expected to surge by 28 per cent by the end of this year after the pandemic brought demand for air travel to a virtual halt.Mainland China's three largest airlines " Air China, China Eastern Airlines and China Southern Airlines " and their parent companies have issued an unprecedented 90.5 billion yuan (US$12.7 billion) worth of short-term notes since January 23, the day when Wuhan, the epicentre of the original outbreak, went into lockdown, according to data tracked by the South China Morning Post.Shanghai-based China Eastern Airlines and its parent had issued 47.7 billion yuan of super short-term commercial paper (SCP) " which usually mature within nine months or less " the largest amount among the big three airlines in that period. Coupons for most of those notes were well below 2 per cent, except for a 2.7 billion yuan 269-day bond that was priced at 2.14 per cent."The increase of debt is unavoidable, the most urgent thing is to survive," said Lei Zheng, founder and president of the Institute for Aviation Research. "Some airlines are not even able to borrow money."The frequent short-term note issuance of Chinese carriers comes as global airlines struggle to stay afloat after fleets were grounded amid travel restrictions imposed to help stop the spread of Covid-19.China's three biggest carriers recorded their steepest quarterly losses in the first quarter since the global financial crisis. They are expected to lose US$314 billion in revenue this year, according to the International Air Transport Association (IATA). China's airlines poised for post-coronavirus 'revenge travelling'Governments across the world have stepped in to provide US$123 billion in financial aid to airlines in the past few months. However, it is something of a double-edged sword as most of this exposes the airlines to higher debt risks. Airline debt is expected to balloon to US$550 billion by year-end, IATA said last week."A tough future is ahead of us," said Alexandre de Juniac, director general and CEO of the Montreal-based IATA. "After surviving the crisis, recovering to financial health will be the next challenge for many airlines."China Southern and China Eastern last month warned that their new borrowing had accounted for, respectively, 23.9 per cent and 28.9 per cent of their net assets as of the end of 2019."The big three airlines' interest rate is lower, they are relatively stable in terms of debt quality," said You Luya, an analyst at Bank of Communications International. "But buying bonds of other carriers would be risky as the outlook for the industry for the next five years is unclear."Sichuan Airlines and Xiamen Airlines, smaller Chinese carriers, have issued nine and seven batches of SCP since January 23, respectively, worth 5.1 billion yuan and 3.3 billion yuan, according to the Post's calculations."In the post Covid-19 era, operating costs of airlines will increase as they need to pay interest for more debt," said Lei at the Institute of Aviation Research. "Because many of these borrowings are in the form of short-term bonds, they may need to continue to borrow more money to pay them back."This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2020 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2020. South China Morning Post Publishers Ltd. All rights reserved.
- 06/01/2020
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Shares of several Chinese companies are trading lower amid US-China tensions following recent Hong Kong measures and a US Senate bill that could potentially delist Chinese companies. China opted to not set a 2020 GDP target amid coronavirus uncertainty.
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Shares of several airline companies are trading higher, potentially amid optimism towards a pickup in passenger travel. Delta's CEO expressed confidence that travel will return in the next 12-18 months and expects to add more planes in June an July.
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Shares of several airline companies are trading lower amid market weakness following US jobs data and cautious comments from the WHO. The sector has been heavily impacted by decreased travel as a result of the coronavirus pandemic.
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UATP Partners With CITCON To Increase Mobile Payment Acceptance
- UATP is proud to be partnering with leading payment technology company CITCON to offer Alipay, WeChat Pay and China UnionPay, the preferred mobile payment options for over one billion Chinese consumers.
- 05/06/2020
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UATP Partners With CITCON To Increase Mobile Payment Acceptance
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US Airlines Now Requiring Masks, Promise More Safety Measures
- U.S. airlines now set to mandate and provide facial coverings for all passengers to prevent the spread of the CCP virus during air travel.
- 05/01/2020
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U.S. airlines now requiring masks, promise more safety measures
- With the largest U.S. airlines now set to mandate – and provide – facial coverings for all passengers over the next two weeks, many are turning their focus to other measures to prevent …
- 05/01/2020
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- More dominoes fall on airline passenger masks — CARES Act not a cure-all for American Airlines
- 05/01/2020
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Leading U.S. Airlines Begin Requiring Face Coverings for Customer-Facing Employees and Passengers
- Today, Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, announced that its member passenger carriers will be voluntarily requiring that customer-facing employees and passengers wear a cloth face covering over their nose and mouth throughout the journey — during
- 05/01/2020
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32 Stocks Moving in Friday's Pre-Market Session
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UPDATE 2-American Airlines, Delta, United to require facial coverings on U.S. flights
- Three of the largest four U.S. airlines said Thursday they will require passengers to wear facial coverings on U.S. flights, joining JetBlue Airways Corp in taking the step to address the spread of the coronavirus and convince reluctant passengers to resume flying.
- 04/30/2020
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Americans look to the road rather than the skies this summer, experts say
- After weeks of lockdown, some Americans are showing the first signs of readiness to travel again.
- 04/30/2020
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COVID-19 Impact on Homeland Security Management Market - Exclusive Report by MarketsandMarkets™
- Post COVID-19, the size of the "COVID-19 Impact on Homeland Security Management Market by Technology (Thermal Imaging, AI-based Solution and Blockchain Solution), End-Use (Cyber Security, Aviation Security, Law Enforcement, and Risk & Emergency) and Region - Global Forecast to 2025", under
- 04/29/2020
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Annual Report on Form 20-F for Fiscal Year 2019 of China Eastern Airlines Corporation Limited Available
- China Eastern Airlines Corporation Limited (the "Company"; NYSE: "CEA"; SEHK "0670"; SSE "600115") announces that the Company's annual report for the 2019 fiscal year filed with the Securities and Exchange Commission on April 29, 2020 can be accessed via the following link:
- 04/29/2020
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Annual Report on Form —…-F for Fiscal Year —…–9 of China Eastern Airlines Corporation ...
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Price Over Earnings Overview: Southwest Airlines
- In the current market session, Southwest Airlines Inc. (NYSE: LUV) is trading at $29.20, after a 0.34% rise. However, over the past month, the stock decreased by 18.03%, and in the past year, by 45.84%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company
- 04/28/2020
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Opus Bank Announces First Quarter 2020 Financial Results
- Opus Bank ("Opus") (Nasdaq: "OPB") announced today a net loss of $84.8 million, or $(2.34) per diluted share, for the first quarter of 2020, compared to net income of $20.3 million, or $0.53 per diluted share, for the fourth quarter of 2019. Net loss during the first quarter of 2020
- 04/28/2020
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Airlines Define New Flying Etiquette, Will Now Provide Or Require Face Masks
- American Airlines Group Inc. (NASDAQ: AAL) will provide facemasks to passengers, while other carriers set their own policies for fliers. What Happened Airlines are setting rules for the flying public regarding face covering and sanitization.American Airlines will hand out facemasks and hand sanitizers
- 04/28/2020
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Outraged president of Flight Attendant Association shares photo of passengers on packed plane not wearing masks
- On Sunday, the president of the Association of Flight Attendants–CWA (AFA-CWA), Sara Nelson, expressed her anger for the lack of protective masks on a packed passenger plane.
- 04/27/2020
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COVID-19 Impact on Airport Operations Market - Exclusive Report by MarketsandMarkets™
- Post COVID-19, the "COVID-19 Impact on Airport Operations Market by Technology (Passenger Screening, Baggage Scanners, Smart Tag & RFID, E-gate & E-Kiosk, 5G infrastructure, Cybersecurity Solutions and Ground Support Equipment) and Region - Global Forecast to 2025", is estimated to grow from
- 04/27/2020
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Edited Transcript of B earnings conference call or presentation 24-Apr-20 12:30pm GMT
- Q1 2020 Barnes Group Inc Earnings Call
- 04/25/2020
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Will Coronavirus Fallout Mar Mastercard's (MA) Q1 Earnings?
- A reduction in overall spending across the globe is likely to have dimmed Mastercard's (MA) Q1 earnings prospects. Also, high expenses might have drained its margins.
- 04/24/2020
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Global Aviation Industry & COVID-19 Pandemic: Deviation & Trends Analysis for Passenger Airlines, Cargo Airlines, and More (2019-2025)
- The "Impact of COVID 19 on the Aviation Industry" report has been added to ResearchAndMarkets.com's offering.
- 04/24/2020
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Brokers Offer Predictions for China Eastern Airlines Corp. Ltd. ADR Class H's FY2022 Earnings (NYSE:CEA)
- China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA) – Analysts at Jefferies Financial Group issued their FY2022 earnings per share (EPS) estimates for shares of China Eastern Airlines Corp. Ltd. ADR Class H in a report issued on Tuesday, April 21st. Jefferies Financial Group analyst A. Lee anticipates that the transportation company will earn […]
- 04/24/2020
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- Delta’s disastrous quarter — NY’s transpo project on pause, as CA’s hits a milestone
- 04/23/2020
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Delta's 1Q was bad, but it will get worse for US airlines
- The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad. Delta Air Lines Inc. reported Wednesday that it lost $534 million in the first three months of the year, when it suffered a glancing blow from the coronavirus pandemic during March. For most of the first quarter, the virus seemed like an abstraction to many Americans. Sure, it sounded dire, but it was an ocean away. Life in the U.S. unfolded normally. The economy was humming, people took business trips and leisure flights, planes were nearly full. Since then, the virus brought restrictions on travel and stoked fear of being trapped in a flying aluminum tube while sharing recycled air with people who might be infected. Travel has plunged about 95%. Delta's first-quarter revenue dropped 18% from a year ago. The airline forecast a much grimmer picture for the second quarter, when the full impact of the global pandemic will be felt. Revenue is expected to plunge 90% for Delta, and things will likely to look just as bleak or worse for its competitors. It could be a long time before travel returns to pre-outbreak levels. “Whether it's three years or two years or four years is anyone's guess,” said Delta CEO Ed Bastian. Here are some vital signs to watch in the airline industry: ___ TRAFFIC HAS VANISHED If there is one chart that captures the implosion of the U.S. airline industry, it might be the number of people screened each day at the nation's airports by the Transportation Security Administration. About 2.3 million people passed through security checkpoints on March 1, unchanged from the same day last year. The numbers careened sharply lower from that point on, plunging below 100,000 by early April — a drop of about...
- 04/22/2020
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Delta's 1Q was bad, but it will get worse for US airlines
- The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Delta Air Lines Inc. reported Wednesday that it lost $534 million in the first three months of the year, when it suffered a glancing blow from the coronavirus pandemic during March. Delta'
- 04/22/2020
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Here's a running list of CEO pay cuts during coronavirus crisis
- With unemployment spiking wildly from a few hundred thousand to 3.3 million and then 6.6 million in the span of two weeks, many CEOs have responded by taking a pay cut.
- 04/22/2020
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- Airline, medical device trade groups spent more in first quarter — Frelinghuysen registers to lobby
- 04/22/2020
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Impact of COVID-19 on the Aviation Industry, 2020: Historical Market Growth Estimations, and Deviations in the Growth Rate Post-COVID-19 Pandemic - ResearchAndMarkets.com
- The "Impact of COVID 19 on the Aviation Industry" report has been added to ResearchAndMarkets.com's offering.
- 04/22/2020
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Delta loses $534 million in 1Q; much bigger losses looming
- Delta Air Lines, the biggest and most profitable U.S. airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter. Delta warned Wednesday that revenue during the April-through-June quarter, typically a period of harried travel, will plummet by 90% compared with last year, when there were no government travel restrictions and flights were full. “These are truly unprecedented times for all of us," CEO Ed Bastian said. Delta is the first U.S. carrier to detail the damage that began to emerge in at the tail end of the first quarter, although United Airlines said Monday that it would record a pretax loss of $2.1 billion, confirming what most had suspected. The focus now at Delta and other airlines is to hunker down, cut costs, and borrow billions of dollars needed to ride out the pandemic. The fate of Delta and other airlines will depend on whether that is a matter of months, or years. Industry leaders just weeks ago talked of a slump that would be followed by a sharp rebound once the public felt that the outbreak was under control. They're now bracing for a much more painful and drawn out recovery. Flights within the United States in the past week have averaged about 12 passengers each, according to trade group Airlines for America. And there are already 75% fewer flights than is typical. Delta is now paying out more in refunds for cancelled flights than it receives from new bookings. At the end of March, it was burning through $100 million a day, though it hopes to cut that rate in half before July. With passenger traffic roughly 5% of year-ago levels, Delta is taking an ax to its schedule, cutting passenger-carrying capacity in the second quarter by 85%, with the deepest...
- 04/22/2020
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Delta loses $534 million in 1Q; much bigger losses looming
- Delta Air Lines, the biggest and most profitable U.S. airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter. Delta warned Wednesday that revenue during the April-through-June quarter, typically a period
- 04/22/2020
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Oil Price Collapse Destroys Boeing’s Biggest 737 Max Selling Point
- Boeing billed the 737 Max as being the most fuel-efficient jet in its class. But after the oil price collapse, does that matter anymore?
- 04/21/2020
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Treasury Hands Out $2.9 Billion to Airlines; More to Come
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Transportation Department allows Alaska, Hawaiian airlines to cut some routes
- Three airlines have won exemptions from rules that require they fly to certain cities as a condition of accepting bailout money from the federal government. Alaska and Hawaiian airlines will be permitted to suspend many of their flights to Hawaii,...
- 04/20/2020
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RBB Bancorp Reports First Quarter Earnings for 2020
- RBB Bancorp (NASDAQ:RBB) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company," announced financial results for the quarter ended March 31, 2020.
- 04/20/2020
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United Reports $2.1BN Loss As Airlines Brace To Fire 100,000 Once Bailout Loans Expire
- "We could see the airlines look to shed 800 to 1,000 aircraft, which could result in a reduction of 95,000 to 105,000 airline jobs."
- 04/20/2020
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- FAA to update coronavirus guidance for flight crews — IG digs in to FAA’s drone system security failings
- 04/20/2020
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America’s ‘Big Three’ airlines prepare for a very painful fall
- U.S. airlines face a bleak future of depressed traffic and volatile revenue well into 2021, as the global economy transitions from the acute damage of a public health catastrophe into a potentially long recession. Already a bumpy ride for the...
- 04/20/2020
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Coronavirus hits airlines as they report earnings and prepare for layoffs next fall
- US airlines prepare to report 1Q earnings after receiving an historic multi billion dollar bailout from taxpayers.
- 04/20/2020
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The stock market is wrong about a magical COVID-19 recovery
- I was naive for believing that governments around the world would implement country-wide lockdowns once the bodies start piling up. Now that people are dying, it is clear that many countries are n…
- 04/19/2020
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LA airline industry recovery from coronavirus will take longer than after 9/11, mayor says
- LA’s aviation sector took 10 years to rebound after 9/11, but coronavirus could cause more damage
- 04/17/2020
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Animal Spirits: The Second Wave
- On today's show we discuss:
-The Airlines bailout
-What happens to the self-employed unemployed?
-Where people are spending money
-Tail-risk, and much more
- 04/17/2020
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Shares of several airline companies are trading higher as investor coronavirus outlook improves following positive drug data from Gilead. Hopes of a successful treatment candidate have improved the outlook for a rebound in travel demand.
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The Zacks Analyst Blog Highlights: Alaska Air, American Airlines, JetBlue Airways, United Airlines and Southwest Airlines
- The Zacks Analyst Blog Highlights: Alaska Air, American Airlines, JetBlue Airways, United Airlines and Southwest Airlines
- 04/16/2020
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Pilots suffering from diabetes will finally be allowed to fly commercial jets
- Merilee Riely never imagined her dream would crash so quickly. Or that it could ever be born again.
- 04/16/2020
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Shares of several companies in the travel, airline and cruise space are trading lower as the coronavirus pandemic continues to negatively impact travel demand.
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Price Over Earnings Overview: American Airlines Group
- Looking into the current session, American Airlines Group Inc. (NASDAQ: AAL) shares are trading at $12.07, after a 1.1% spike. Moreover, over the past month, the stock went up by 3.56%, but in the past year, decreased by 64.90%. Shareholders might be interested in knowing whether the stock is undervalued
- 04/15/2020
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Statement from Airlines for America President and CEO Nicholas E. Calio
- A4A President and CEO Nicholas E. Calio issued the following statement today:
- 04/15/2020
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Airlines that donated to Trump's re-election get first dibs on $25 billion corporate bailout
- The bailout funds were included in the $2.2 trillion coronavirus relief bill signed by President Trump last month
- 04/14/2020
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Tradeweb Markets, Booking, Anaplan, CrowdStrike and Microsoft highlighted as Zacks Bull and Bear of the Day
- Tradeweb Markets, Booking, Anaplan, CrowdStrike and Microsoft highlighted as Zacks Bull and Bear of the Day
- 04/13/2020
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Bear of the Day: Booking Holdings (BKNG)
- Bear of the Day: Booking Holdings (BKNG)
- 04/13/2020
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Donald Trump has tested positive — for the bulls**t virus
- He's bluffed his way through his entire career and into the White House. But the coronavirus finally took him out
- 04/11/2020
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As the coronavirus ravages airlines, Europe's ultra-cheap budget flights could disappear
- Low-cost airlines may end up having to choose between low prices to entice customers or higher fares if rivals collapse and demand falls.
- 04/11/2020
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Airline industry's coronavirus bailout may draw on lessons of 9/11
- The $2.3 trillion CARES Act sets aside $25 billion in cash grants for U.S. airlines, and about 90 percent of that money is expected to go to the nation’s six largest carriers.
- 04/10/2020
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Airline industry's coronavirus bailout may draw on lessons of 9/11
- The $2.3 trillion CARES Act sets aside $25 billion in cash grants for U.S. airlines, and about 90 percent of that money is expected to go to the nation’s six largest carriers.
- 04/10/2020
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Trump vows coronavirus-wrecked economy will 'bounce' back despite record jobless numbers
- President Trump on Thursday predicted a "big bounce" as he argued the U.S. economy will recover quickly from the massive hit it has taken because of the coronavirus pandemic -- despite 16.8 million Americans losing their jobs in just the last three weeks.
- 04/09/2020
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Airlines and TSA report 96% drop in air travel as pandemic continues
- The number of people traveling by plane has dropped by about 96% amid the coronavirus pandemic, according to multiple metrics.
- 04/09/2020
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Pandemic has set the number of air travelers back decades
- The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. The Transportation Security Administration screened 94,931 people on Wednesday, a drop of 96% from a year ago and the second straight day under 100,000. The official tally of people who passed through TSA checkpoints exaggerates the number of travelers – if that is possible – because it includes some airline crew members and people still working at shops inside airport security perimeters. Historical daily numbers only go back so far, but the nation last averaged fewer than 100,000 passengers a day in 1954, according to figures from trade group Airlines for America. It was the dawn of the jet age. The de Havilland Comet, the first commercial jetliner, was just a few years old, and Boeing was running test flights with the jet that would become the iconic 707. As air travel became safer and more affordable, the passenger numbers grew nearly every year until 2001. There was no commercial air travel in the U.S. for several days after the terror attacks on Sept. 11, 2001, and people were slow to get back on planes — U.S. passenger traffic didn't grow again until 2003. It could be longer this time. Polling firm Public Opinion Strategies said that fewer than half the Americans it surveyed about 10 days ago say they will get on a plane within six months of the spread of the virus flattening. A Stifel Nicolaus analyst estimated that air travel demand won't return to pre-outbreak levels until the middle of next year under the best outcome, and it's likely to be later. TSA, which was created after the 9/11 attacks, has been chronicling the plunge in air traffic, posting numbers on how many people its officers screen each day. On March 1, it...
- 04/09/2020
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Coronavirus: US air travel passenger numbers plunge to 65-year low
- Fewer than 100,000 people passed through TSA check points on Wednesday, including airline staff, crew, and people still working beyond security
- 04/09/2020
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Airlines struggle during coronavirus pandemic with grounded fleets
- As the number of grounded planes continue to mount, airlines face the unprecedented challenge of where to place them.
- 04/09/2020
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Commercial Aircraft Air Management Systems Market - Growth, Trends and Forecast (2020 - 2025)
- - The aviation industry is projected to witness a high rate of growth during the forecast period. Increasing passenger traffic will force the airlines to procure new aircraft, which is envisioned to drive the demand for the aircraft subsystems, such as the air management system. Currently, the replacement
- 04/09/2020
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Coronavirus: Pandemic has set the number of air travellers back decades
- At the start of March, passenger numbers remained the same as the year before, but saw a sharp decline a week later.
- 04/09/2020
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Pandemic has set the number of air travelers back decades
- The TSA screened fewer than 100,000 people on Tuesday, a drop of 95% from a year ago
- 04/09/2020
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Coronavirus pandemic has set the number of air travellers back decades
- The number of Americans getting on aeroplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus.
- 04/09/2020
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Pandemic has set the number of air travelers back decades
- The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. The Transportation Security Administration screened fewer than 100,000 people on Tuesday, a drop of 95% from a year ago. The official tally of 97,130 people who passed through TSA checkpoints exaggerates the number of travelers – if that is possible – because it includes some airline crew members and people still working at shops inside airport security perimeters. Historical daily numbers only go back so far, but the nation averaged 97,000 passengers a day in 1954, according to figures from trade group Airlines for America. It was the dawn of the jet age. The de Havilland Comet, the first commercial jetliner, was just a few years old, and Boeing was running test flights with the jet that would become the iconic 707. As air travel became safer and more affordable, the passenger numbers grew nearly every year. There was no commercial air travel in the U.S. for several days after the terror attacks on Sept. 11, 2001, and people were slow to get back on planes in following months. It could be longer this time. Polling firm Public Opinion Strategies said that fewer than half the Americans it surveyed about 10 days ago say they will get on a plane within six months of the spread of the virus flattening. TSA, which was created after the 9/11 attacks, has been chronicling the plunge in air traffic, posting numbers on how many people its officers screen each day. On March 1, it was nearly 2.3 million — almost the same as a year earlier. The one-way roller coaster ride — a sheer downward scream — began in the second week of March and slowed only in the last several days, when there...
- 04/09/2020
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Pandemic has set the number of air travelers back decades
- The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. The Transportation Security Administration screened fewer than 100,000 people on Tuesday, a drop of 95% from a year ago
- 04/08/2020
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Why Shares of Airlines and Travel Businesses Are Higher Today
- Economic confidence, for now anyway, is on the rise.
- 04/08/2020
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As COVID-19 cases mount, flight attendants grow increasingly fearful of flying
- Their public face is smiling and helpful. Greeting passengers and offering words of assurance at a time when things are frightening and uncertain. But in their off-hours, via text messages and in private Facebook groups and interviews, the anxiety and...
- 04/08/2020
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- State DOTs ask for $50B — New numbers, same grim reality for auto, rail industries
- 04/07/2020
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Feds direct airlines to refund passengers for canceled flights
- Federal officials on Friday ordered airlines to reimburse customers for canceled flights, saying a growing number of passengers are complaining amid the coronavirus pandemic that airlines are providing travel credits rather than refunds.
- 04/03/2020
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The Angels Are Freefalling: Q1 Saw Record Downgrades To Junk And The Real Pain Is Coming
- A total $555 billion worth of bonds (in notional value) would migrate from IG into HY over the next six months, in addition to the $149 billion that have already been downgraded year-to-date.
- 04/03/2020
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Commercial Aircraft Air Management Systems Market Insights, 2025: Focus on Thermal Management, Cabin Pressure Control, Oxygen, Ice Protection, Engine Bleed Air, and Fuel Tank Inerting Systems - ResearchAndMarkets.com
- The "Commercial Aircraft Air Management Systems Market - Growth, Trends and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
- 04/03/2020
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Commercial Aircraft Air Management Systems Markets, 2020-2025
- The "Commercial Aircraft Air Management Systems Market - Growth, Trends and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
- 04/02/2020
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Pelosi Joins Critics of Mnuchin’s Airline Stock-For-Aid Plan
- (Bloomberg) -- Leading House Democrats criticized the conditions the U.S. Treasury Department has proposed for providing emergency payroll-assistance grants to airlines, joining a growing backlash by industry and union groups.Speaker Nancy Pelosi and Representative Peter DeFazio, chairman of the House
- 04/01/2020
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Airlines refuse to collect passenger data that could aid coronavirus fight
- For 15 years, the U.S. government has been pressing airlines to prepare for a possible pandemic by collecting passengers’ contact information so that public-health authorities could track down people exposed to a contagious virus. The airlines have repeatedly refused, even...
- 03/31/2020
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Passenger Airlines Morph Into Cargo Carriers
- More passenger airlines are helping fill the severe shortage in freight capacity by turning their aircraft into cargo-only airplanes to haul critical medical supplies, foodstuffs and other economically essential goods. The rapid implosion of air travel as countries closed borders to contain the coronavirus
- 03/27/2020
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Workforce Logiq Releases National Talent Retention Risk Forecast
- Predictive AI benchmark predicts slow macro rebound beginning in April 2020, with industry-specific exceptions
- 03/27/2020
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SpiceJet Expects A Surge In Demand As The Virus Is Contained
- Which airlines are most at risk? Like the virus, the crisis is indiscriminate, affecting everyone from budget operators to national flag carriers.
- 03/27/2020
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The Airlines Most in Danger of Going Under During the Crisis
- (Bloomberg) -- The global airline industry has never had it so bad. Not even after the 9/11 terrorist attacks.Airlines could lose a quarter of a trillion dollars in revenue this year, according to the International Air Transport Association, as travel comes to a standstill with countries locked down
- 03/27/2020
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Shares of several airline companies are trading lower as equities sell off following this week's strength. The sector has been hurt recently by the global coronavirus outbreak, which has heavily hampered travel demand.
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MRO Software Market Worth $8.0 Billion by 2025 - Exclusive Report by MarketsandMarkets™
- According to the new market research report "MRO Software Market in Aviation by End User (Operators, OEMs, MROs, Lessors), Solution (Software, Services), Deployment Type (On-premises, Cloud), Function (Maintenance, Operations, Business Management), Pricing Model, and Region - Global Forecast to
- 03/26/2020
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UPDATE 3-'Apocalypse now': Airlines turn to cargo for revenue as U.S. Senate approves aid package
- Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter ...
- 03/26/2020
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UPDATE 2-'Apocalypse now': Airlines turn to cargo for revenue as U.S. Senate approves aid package
- Delta Air Lines Inc and Air New Zealand Ltd said they would offer cargo charter ...
- 03/26/2020
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Gladstone Commercial Corporation Provides Corporate Update
- MCLEAN, Va., March 24, 2020 -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that its Executive Leadership has issued the following.
- 03/24/2020
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Stocks That Hit 52-Week Lows On Monday
- On Monday morning, 720 companies hit new 52-week lows.
Noteworthy Mentions:
The largest company by market cap to set a new 52-week low was Alphabet (NASDAQ: GOOGL)...
- 03/23/2020
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Millions of Layoffs Are Coming, Hotels, Airlines, and Retailers Warn
- Dire outlooks for jobs and the economy as a result of the coronavirus pandemic come as Congress and the White House try to put together a rescue package.
- 03/22/2020
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7 Top CEOs Buying Their Beaten-Down Stocks
- The S&P 500 is down hard year-to-date (including dividends) through March 19. Companies might not be doing buybacks but these top CEOs are.
- 03/19/2020
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Layoffs spike in US, Europe as virus shuts businesses
- Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. Like millions of Americans and people around the world, the viral outbreak has left Vega in financial limbo, without income as her bills pile up.
- 03/19/2020
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- Lobbying in the time of social distancing — Isakson aide heads to K Street
- 03/17/2020
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Hedge Funds Have Never Been This Bullish On Ubiquiti Inc. (UI)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 03/17/2020
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Do Hedge Funds Love Slack Technologies Inc (WORK)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/17/2020
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Hedge Funds Were Selling Raymond James Financial, Inc. (RJF) Before The Coronavirus
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/17/2020
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Hedge Funds Were Buying Norwegian Cruise Line Holdings Ltd (NCLH) Before The Coronavirus
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/17/2020
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China's carriers including Air China plan to reduce international flights amid coronavirus - Global Times
- March 16 (Reuters) - China's carriers including Air China, China Southern Airlines and China Eastern Airlines are planning to reduce international flights as part of anti-epidemic efforts, the Global Times reported on Monday, citing unnamed sources.
- 03/16/2020
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Stocks That Hit 52-Week Lows On Thursday
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Shares of several airline companies are trading lower after the US suspended travel from Europe. The global coronavirus outbreak has heavily hampered travel demand in recent months.
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Coronavirus Crisis Crashes Airlines: Should You Buy the Dips?
- The current coronavirus-induced soft-demand scenario prompts many airlines like American Airlines (AAL) to cut capacity.
- 03/11/2020
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Off-Grid Energy Storage Systems Market Size, Trends —…–8 - Global Industry Share, Growth ...
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China to offer cash support to domestic, foreign carriers amid coronavirus outbreak
- BEIJING/SHANGHAI, March 4 (Reuters) - China will offer cash support to both domestic and foreign carriers to encourage them to restore services and not to suspend flights amid the coronavirus outbreak, the country's aviation regulator said on Wednesday. For every available seat kilometre, Beijing would award 0.0176 yuan for routes that have been shared by multiple carriers and 0.0528 yuan for routes that are only operated by one carrier, the Civil Aviation Administration of China said.
- 03/04/2020
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Homebuilders Appear Attractive As Rates Move Lower
- Breaking down the S&P 1500 by the GICS Level 4 Sub-Industries, the average stock in the homebuilder sub-industry had a score of 65.9 (out of 100).
- 03/04/2020
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- Pence to meet with airlines on coronavirus — Amtrak looks to the skies again for new CEO
- 03/03/2020
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Disposable Cups Market to Witness Steady Growth Based on Rising Inclination Towards Outdoor Eating Till 2025 | Million Insights
- Consistent with the report published by the experts the scope of the global Disposable Cups Market was appreciated at US$ 13.45 billion in 2018. It is estimated to grow at a 6.0% CAGR during the period of forecast and extend up to US$ 20.20 billion by the completion of 2025.
- 03/02/2020
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Stocks That Hit 52-Week Lows On Friday
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StockBeat: Coronavirus Hits the Weakest Hardest - Ask Norwegian Air
- By Geoffrey Smith
- 02/27/2020
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Stocks That Hit 52-Week Lows On Thursday
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China Eastern unveils OTT Airlines to operate Chinese-made jets
- China Eastern Airlines Corp Ltd launched on Wednesday a fresh subsidiary - OTT Airlines - to push home-grown aircraft to wider markets, the carrier said on its official account on Chinese social media platform Weibo. The Shanghai-based airline said OTT Airlines, which translates to 'one two three' in Chinese, would be the first airline to operate Commercial Aircraft Corp of China's (COMAC) C919 narrow-body planes, which are undergoing flight testing. China Eastern was initially slated to be the first operator.
- 02/26/2020
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Today in History: February 25, 2020
- This day in history for Tuesday, February 25th
- 02/25/2020
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Shares of several airline companies are trading lower amid the global coronavirus outbreak, which has hampered travel demand.
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Shares of HNA affiliates rally after report of China bailout plan
- BEIJING/SHANGHAI (Reuters) - Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations. The government of the southern province of Hainan, where HNA [HNAIRC.UL] is based, is in talks to take control of the group and sell off its airline assets, Bloomberg said on Wednesday, citing people familiar with the matter. HNA, which controls or holds stakes in a number of domestic carriers including its flagship Hainan Airlines <600221.SS>, did not immediately respond to requests for comment on the report.
- 02/20/2020
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Grow Lights Market Size, Share —…—…|Global Industry Analysis and Forecast ...
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3 Low Price-Book Stocks for the Value Investor
- A trio of mid-sized caps with price-book ratios below 1.5 Continue reading...
- 02/11/2020
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' Low Price-Book Stocks for the Value Investor
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Coronavirus has spurred 'unprecedented' wave of US flight cancellations, analyst says
- Coronavirus’ financial blow to airlines remains up in the air, as carriers have no choice but to wait out an indeterminable number of cancelled flights and decreased demand to and from China and Hong Kong.
- 02/07/2020
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Shares of several airline companies are trading lower as continued coronavirus fears lower the outlook for travel demand. NOTE: Global markets are continuing to sell off on coronavirus fears, which has negatively impacted stocks across sectors.
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Shares of several airline companies are trading lower as continued coronavirus fears lower the outlook for travel demand.
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Shares of airline companies are trading lower as the global spread of the Wuhan coronavirus has clouded the outlook for travel demand.
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82 Biggest Movers From Yesterday
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71 Industrials Stocks Moving In Tuesday's Session
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UATP Reports Back-To-Back Record-Breaking Years
- The UATP payment network is pleased to announce another multi-record-breaking year in 2019.
- 01/14/2020
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Shares of several Chinese companies are trading lower in sympathy with the overall market on continued downward momentum as investors fear escalating tensions with Iran following an airstrike that killed the commander Qasem Soleimani.
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Shares of several airline companies are trading lower on the sharp rise in oil prices after a U.S. airstrike killed Iranian Major-General Qasem Soleimani. Airline companies are sensitive to the price of oil as fuel is the industry's top expense.
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Daiwa Capital Upgrades China Eastern Airlines to Buy
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10 Stocks Sensitive To Major Developments In US-China Trade Talks
- The "phase one" trade deal announced by the U.S. and China Friday saw many stocks jump, with investors breathing a sigh of relief as the U.S. pulled back on $160 billion in new tariffs that were set to go into effect Sunday. A number of sectors — including tech, biopharma and airlines — traded higher on the news. Here's a look at some of the stocks that moved on the latest trade war development. Technology Stocks SINA Corp (NASDAQ: SINA ) is a Chinese technology company which operates four major business lines: Sina Weibo, Sina Mobile, Sina Online and Sinanet. The stock was trading 0.93% higher at $38.15 at the time of publication. Weibo Corp (NASDAQ: WB ) is a Chinese social network company spun off from Sina Corp. that's known for the microblogging website Sina Weibo. It is based in Beijing, China. Weibo Corp shares were trading 1.12% higher at $45.86 at the time of publication. Alibaba Group Holding Ltd - ADR (NYSE: BABA ) is … Full story available on Benzinga.com
- 12/18/2019
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Shares of several airline companies are trading higher with the overall market amid multiple positive US-China trade developments. Note: Delta Airlines also issued FY20 sales growth of 4-6% year-over-year.
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28 Stocks Moving in Tuesday's Pre-Market Session
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Shares of several Chinese companies are trading higher after the National Security Adviser Robert O'Brien said 'we're relatively close to an agreement'. President Trump has invited President Xi to the U.S. to sign the "phase one" agreement, if agreed upon.
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Chinese airlines hit by slides in demand on routes to Hong Kong, Taiwan
- China's three biggest airlines saw double-digit declines in demand on their so-called regional routes in September, as protests in Hong Kong and Beijing's travel restrictions to Taiwan took their toll. Two of them, China Southern Airlines and China Eastern Airlines have also aggressively cut capacity on those routes to Hong Kong, Macau and Taiwan - routes which account for about 5% of their revenue. China Eastern said demand on its regional routes, as measured by revenue passenger kilometres, tumbled by nearly a quarter in September from the same period a year earlier, while China Southern slid 21.1% and Air China fell 15.7%.
- 11/01/2019
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BCD Travel becomes first travel management company to issue UATP
- ATLANTA and WASHINGTON , Oct. 24, 2019 /PRNewswire/ -- BCD Travel has become the first travel management company to issue UATP accounts. BCD will launch the payment program internally with a test group ...
- 10/24/2019
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BCD Travel becomes first travel management company to issue UATP
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UATP Announces 2019 Third Quarter Results
- The results illustrate UATP's continuous quarter over quarter growth WASHINGTON , Oct. 17, 2019 /PRNewswire/ -- UATP, the airline-owned payment network, announced today its third quarter financial results. ...
- 10/17/2019
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UATP Announces —…–9 Third Quarter Results
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UATP Partners With EBANX To Address Growing Latin American Market Payment Needs
- Latin America has benefited from continuous growth since 2017 WASHINGTON , Oct. 10, 2019 /PRNewswire/ -- UATP is pleased to partner with online payment provider, EBANX, to connect airline Merchants to ...
- 10/10/2019
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UATP Partners With EBANX To Address Growing Latin American Market Payment Needs
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UATP Appoints David Jimenez As New Chief Commercial Officer
- Jimenez is a proven payments expert with a passion for driving a winning culture WASHINGTON , Oct. 8, 2019 /PRNewswire/ -- UATP is pleased to welcome David Jimenez as Chief Commercial Officer. Jimenez ...
- 10/08/2019
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UATP Appoints David Jimenez As New Chief Commercial Officer
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New Strong Sell Stocks for September 30th
- Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- 09/30/2019
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Will Delta Benefit from Partnership with LATAM?
- On Thursday, Delta Air Lines announced a partnership with LATAM Airlines in a deal worth $2.25 billion. Delta will acquire a 20% stake in LATAM.
- 09/27/2019
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Shares of several Chinese companies are trading higher after President Trump said "a trade deal with China could happen sooner than you think" easing trade tensions between the worlds largest economies.
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Shares of several Chinese companies are trading lower after weak manufacturing data from Europe and Japan was released, which has increased concerns among investors of a global recession. Additionally, Trump at the UN said he would not accept a 'bad deal' with China, causing further trade uncertainty.
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Shares of several airline companies are trading lower following a drone strike on a Saudi Arabian oil field that caused oil prices to raises. NOTE: Airline companies are extremely sensitive to oil price fluctuations given their dependence on oil for fuel.
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Shares of Chinese companies are trading higher after China granted tariff exemptions to certain US goods.
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Shares of several Chinese companies are trading lower after China reported weak data that points to further slowdown in the country's economy. China is the second largest economy, weak data could signal a global recession.
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Shares of several Chinese companies are trading higher with the broader stock market after the Chinese Minister of Commerce said the leaders of the U.S. and China are set to meet in Washington D.C in early October.
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China's top airlines brace for smaller profits on slower demand, weak yuan
- China's top three airlines are bracing for a further margin squeeze as softer travel demand pressures passenger yields and a weakening yuan currency inflates costs, analysts said, as many of them slashed their annual profit forecasts for the carriers. The outlook revision - for which analysts also cited an economic slowdown amid a U.S.-China trade war and fears of rising oil prices - comes after China Southern Airlines, Air China and China Eastern Airlines turned in lower net profits for the January-June period last week, erasing first-quarter gains. China Southern, the country's largest carrier by passenger numbers, posted a 20.9% year-on-year drop in profit to 1.69 billion yuan ($238 million), while China Eastern posted a 14.9% drop to 1.94 billion yuan.
- 09/02/2019
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Shares of several Chinese companies are trading higher after China's Ministry of Commerce said the country is willing to work to resolve US trade tensions and does not want any further escalation.
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Shares of several Chinese companies are trading higher amid easing trade tensions. President Trump said China is ready to come back to the negotiating table during the G7.
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Shares of several Chinese companies are trading lower on escalated trade tensions after China announced it plans to impose a 5% to 10% tariff rate on $75 billion worth of U.S. goods.
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Shares of several Chinese companies are trading lower after the Yuan fell to the lowest level in a decade.
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Shares of Chinese companies are trading higher after China announced interest rate reforms aimed at making borrowing cheaper in order to encourage growth. Additionally, the US has hinted at positive developments in trade talks with China.
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Shares of several Chinese companies are trading higher on renewed optimism surrounding US-China trade talks after President Trump announced earlier in the week that he would delay additional tariffs on Chinese goods until December.
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Shares of several Chinese companies are trading lower after the spread between the 2-year and 10-year yield curve inverted for the first time since 2007, potentially signaling an oncoming recession.
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New 52-Week Lows For Monday Morning
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Shares of Chinese companies are trading lower after President Trump announced a 10% tariff on $300 billion in Chinese goods.
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Shares of Chinese companies are trading lower after President Trump announced additional tariffs on Chinese goods.
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The Zacks Analyst Blog Highlights: China Life Insurance, Qudian, Hexindai, JD.com and China Eastern Airlines
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Can You Still Bet on China's Economy? 5 Picks
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Goldman Sachs Upgrades China Eastern Airlines to Buy
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Shares of several Chinese companies are trading higher on continued optimism for a potential trade deal to be reached between the USA and China, which would avoid an additional tariff on another $300 billion.
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Shares of several Chinese stocks are trading lower after data was released showing Chinese imports decreased sharply from last year and that over 10,000 Chinese product categories have seen a decrease of 26% in the value of their exports to the US in Q1.
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Shares of several Chinese companies are trading higher after the Fed signaled a rate cut may be coming, raising the potential for global economic growth. President Trump is also set to meet China's Xi at G20, renewing hopes of a trade agreement.
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Shares of several Chinese companies are trading higher on continued trade optimism on trade tensions cooling down. Trump's tariff threats worked with Mexico; it showed confidence that it could work on China as well.
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Shares of several Chinese companies are trading lower on continued US-China tension after the Trump administration said it would add up to 5 more Chinese surveillance companies to the blacklist.
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Shares of many Chinese companies are trading lower after the US announced it is considering adding another five Chinese technology companies to a blacklist for trade.
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China Eastern demands 737 MAX compensation
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Shares of several Chinese companies are trading lower on continued uncertainty of a trade war between the US and China. Concerns after Pres Trump blacklisted Huawei products from the US heightened that uncertainty.
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Shares of many Chinese companies are trading higher as stocks rebound from lows following several days of downside pressure amid uncertainty related to US, China trade talks.
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Shares of several Chinese stocks are trading lower due to concern a trade deal with the US may not be finalized by Friday and threatened tariffs will go into effect.
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Shares of several Chinese companies are trading lower after the country's April trade surplus missed economists expectations. with exports unexpectedly falling.
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44 Biggest Movers From Yesterday
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Mid-Afternoon Market Update: Crude Oil Up 1.5%; Sinclair Broadcast Group Shares Spike Higher
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Shares of several Chinese companies are trading higher. Strength is potentially related to progress in US-China trade talks.
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Shares of several Chinese companies are trading higher after US Treasury Secretary Mnuchin and Trade Representative Lighthizer said China trade talks have been 'productive' after meeting with Chinese trade officials.
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55 Biggest Movers From Yesterday
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40 Stocks Moving In Wednesday's Mid-Day Session
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Shares of several Chinese stocks are trading higher after the country announced strong March manufacturing numbers and the country is set to resume trade talks with the United States this week.
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