Airlines' Coronavirus Cash Crunch Deepens With DOT Refund Ruling
Airlines canceling flights must offer prompt cash refunds, not just credits for future travel. That could cause airlines' cash burn to accelerate.
With Coronavirus Looming Large, Southwest Airlines Is Hoarding Cash
The low-fare airline giant has built up a roughly $8 billion cash stockpile to help it weather the storm.
Coronavirus Forces American Airlines to Accelerate Fleet Retirements
As long as American Airlines must significantly reduce its near-term capacity, it might as well simplify its fleet, too.
3 Stocks to Buy With Your $1,200 Stimulus Check That Are No Joke
If you can spare the $1,200 stimulus money you'll receive this month, consider investing it in high-quality companies that are trading at a discount because of the COVID-19 pandemic.
Will Warren Buffett Buy an Airline? Or Is He Looking to Sell?
Airline stocks have plunged over the past month, which could make this a great time for Warren Buffett to deploy some of Berkshire Hathaway's excess cash.
GE's Biopharma Sale Is Coming at Exactly the Right Time
The COVID-19 pandemic will disrupt parts of GE's business this year, but a $20 billion asset sale set to close a few days from now will give General Electric ample flexibility to manage through the headwinds.
These Airlines Are Cutting the Most Flights As Coronavirus Crushes Air Travel
The COVID-19 pandemic has forced every U.S. airline to make deep schedule cuts. But these four airlines have been more aggressive than peers when it comes to chopping money-losing flights.
Department Stores Suspend Dividends and Conserve Cash As Coronavirus Crushes Sales
America's top three department-store operators have jumped into action to mitigate a working-capital crunch, as sales dry up from the COVID-19 pandemic.
"Airlines" Didn't Waste All Their Cash Flow on Share Buybacks: American Airlines Did
Airlines have spent plenty on share buybacks. But with the exception of American, they haven't been as improvident as headlines suggest.
With Coronavirus Spreading, Hawaii Cracks Down on Tourism: What Does It Mean for Airlines?
A new quarantine order for people arriving in Hawaii will effectively ban tourism in the popular island state through late May.
Even After the Recent Sell-Off, You Should Still Avoid These Airline Stocks Right Now
Airline stocks have plunged over the past month. But while some stocks in the industry appear oversold, investors shouldn't expect a speedy recovery for American Airlines and United Airlines.
This Airline Stock Is a Buy After the Coronavirus Selloff
It hasn't fallen as much as many other airline stocks over the past month, but it does have an industry-leading balance sheet, low cost structure, and strong record of producing free cash flow.
With Coronavirus Decimating the Industry, Should You Buy Airline Stocks Right Now?
Bbargain-hunting investors should stick to airlines with solid balance sheets and track records of strong free cash flow.
With Coronavirus Fears and Bailout Rumors Looming, Should You Buy or Sell Boeing Stock Right Now?
Shares have plunged 70% over the past month, but between a crushing debt load and a sizable multiyear reduction in new aircraft demand, investors should still stay away.
Coronavirus Has Cash-Rich Airlines Scrambling
American Airlines and United Airlines are about to start burning through billions of dollars a month as air travel demand plunges to near zero because of the COVID-19 pandemic.
Delta Air Lines Takes Extreme Measures as Coronavirus Crushes Demand
Air travel demand is drying up as the COVID-19 pandemic spreads across the globe. Delta Air Lines is responding aggressively.
The COVID-19 Pandemic Slams Into Airlines: Are There Any Bargains?
Air travel demand has collapsed over the past two weeks as COVID-19 has turned into a global pandemic. The sharp sell-off in airline shares has created some buying opportunities among domestic-focused low-fare carriers.
Macy's Credit Rating Cut to Junk: Should Investors Worry?
The department store giant just suffered a major credit rating downgrade, but its balance sheet is actually in better shape than it has been in years.
Embraer's Outlook Is Brightening
The Brazilian aerospace company's planned sale of an 80% stake in its commercial jet business to Boeing is likely to be approved this year. Meanwhile, the rest of its business has returned to growth.
American Airlines and Alaska Air Join Forces to Take On Delta
American Airlines is weak in the Pacific Northwest, while Alaska Airlines needs a better option for serving its customers' international travel needs.