After Mismanaging Their Companies With Stock Buybacks And Lucrative CEO Pay Packages, Airlines Demand Another $25 Billion From Taxpayers

In March, the coronavirus—the name used at the time—wreaked financial havoc on the airline industry. Health experts and government officials strongly advised people to avoid nonessential travel due to the risks of catching or spreading the disease. Fear over the fast-moving virus among passengers on cruise ships terrified potential air travelers. Cognizant of the dangers associated with

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Choice Hotels or Extended Stay: Which is a Better Hotel Stock?

The Hotel and Motels industry is currently grappling with the coronavirus woes. In order to mitigate the spread of the virus, companies have been adhering to temporary closures; travel restrictions; cancellation of events, conferences and meetings; social-distancing measures and other governmental regulations. Resultantly, occupancy rates and revenue per available room (RevPAR) have been negatively impacted.

Per STR, the U.S. hotel industry’s occupancy for the week ended Oct 3, 2020, came

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Avis Budget Group (NASDAQ:CAR) Stock Rating Upgraded by BidaskClub

Avis Budget Group (NASDAQ:CAR) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Friday, BidAskClub reports.

Several other research analysts have also recently issued reports on CAR. JPMorgan Chase & Co. increased their price target on Avis Budget Group from $13.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, June 19th.

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Should You Buy Beaten-Down Air Canada (TSX:AC) Stock?

Just a year ago, airlines were flying high, including Air Canada (TSX:AC) stock, which was putting the finishing touches on a successful multi-year comeback. Then the COVID-19 pandemic hit the world and the scene is now quite different.



a close up of a propeller plane: Plane on runway


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Plane on runway

The global airline industry has been severely beaten in the wake of the COVID-19 outbreak. The declining demand for air travel caused massive

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Here’s Why Investors Should Avoid American Airlines Stock

Shares of American Airlines AAL have had a disappointing run on the bourse since the beginning of March, shedding 34.2% of value, wider than the  industry’s depreciation of 24.1%.

Why the Dismal Price Performance?

Coronavirus-induced travel-demand woes have been the biggest bane for the American Airlines stock. The sharp drop in air-travel demand is hurting passenger revenues, which comprise majority of its top line. The carrier incurred a loss in

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One proxy stock for the travel industry could signal more downside

Travel stocks head into the new week on two different tracks.

Trading Nation: White House meeting with cruise lines canceled

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UP NEXT

Cruise line stocks ended last week under pressure after a White House meeting with cruise CEOs was postponed following President Donald Trump‘s positive Covid test.

Airline stocks ended higher after House Speaker Nancy Pelosi signaled additional government assistance for the beaten-down industry.

Craig Johnson,

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Booking is stock to short, technical analyst says

Travel stocks head into the new week on two different tracks.

Cruise line stocks ended last week under pressure after a White House meeting with cruise CEOs was postponed following President Donald Trump’s positive Covid test.

Airline stocks ended higher after House Speaker Nancy Pelosi signaled additional government assistance for the beaten-down industry.

Craig Johnson, chief market technician at Piper Sandler, told CNBC on Friday that one travel stock could

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Why I’m Using the Pandemic to Stock Up on Travel Points

Even if it’s not the best time to travel, it’s a great time to earn travel rewards.

COVID-19 has had a massive impact on the travel industry, and of course, that has extended to travel credit cards. As the pandemic has gone on, cardholders have wondered whether it’s time to unload points and ditch their travel cards.

Personally, I’m taking the opposite approach. For a few key reasons, I’m using

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Will That Boost its Stock?

Air Canada (TSX:AC) is doing everything it can to retain consumer loyalty and nudge more people towards flying. The company’s resources and liquidity are waning, waiting for government aid, which is yet to come. However, there is some good news on that front, since the government has hinted that it would help the hardest-hit sectors, including tourism and travel.



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Plane on runway

But Air

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Why October Could Be a Huge Month for Air Canada (TSX:AC) Stock

Air Canada (TSX:AC) stock has been fairly stable over the past six months, losing just 5% of its value during that time. Year to date, it’s still down a disastrous 67%, as it continues to be a long road ahead for the troubled airline. The coronavirus pandemic has weighed heavily on not just its results but the overall trajectory for the industry. Air travel is not likely to get back

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PPHE Hotel Group (LON:PPH) Stock Price Crosses Below 200 Day Moving Average of $1,112.92

PPHE Hotel Group Ltd (LON:PPH) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1,112.92 and traded as low as $940.00. PPHE Hotel Group shares last traded at $948.00, with a volume of 14,182 shares traded.

Several research firms have recently weighed in on PPH. Jefferies Financial Group lowered PPHE Hotel Group to a “hold” rating and reduced their

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Playa Hotels & Resorts (NASDAQ:PLYA) Stock Rating Lowered by BidaskClub

Playa Hotels & Resorts (NASDAQ:PLYA) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, BidAskClub reports.

PLYA has been the topic of a number of other research reports. Deutsche Bank reiterated a “buy” rating and set a $8.00 price objective on shares of Playa Hotels & Resorts in a research note on

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Forget Airline Stocks, This High-Growth Infrastructure Stock Is a Better Buy Right Now

The coronavirus pandemic continues to weigh on the global economy, and maybe no industry has been hit harder than commercial transportation. Airlines in particular face a tough path forward; even as the economy has recovered somewhat, and air travel has improved from the lows in April, airports are still only screening about one-third as many passengers as they were a year ago. 

As a result, the biggest airline stocks are

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The Simple Case for Southwest Airlines Stock Still Holds



a plane flying through a cloudy blue sky: a southwest airlines (LUV) jet flying above the clouds


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a southwest airlines (LUV) jet flying above the clouds

There are two ways to look at Southwest Airlines (NYSE:LUV) stock at the moment. On one hand, Southwest shares have rallied 77% since May. That’s a gain that would seem to incorporate a good amount of optimism. It might suggest that the easy money has been made.



a large air plane on a cloudy day: a southwest airlines (LUV) jet flying above the clouds


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Is AutoNation’s Stock Overvalued Compared To Avis Budget?

An automotive retailer which deals in new and pre-owned vehicles, Aut0Nation’s (NYSE: AN) P/S (price-to-sales) multiple of 0.2x is similar to the figure of 0.2x for Avis Budget Group (NASDAQ: CAR), a global car rentals provider. So, is Autonation

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Airline Stock Roundup: LUV’s Bullish Cash Burn Update for Q3, UAL, DAL in Focus

In the past week, Southwest Airlines LUV dominated headlines by virtue of its positive update on cash burn for the September quarter. The bullish forecast on this key metric was primarily owing to improved air-travel demand on the leisure front. Moreover, booking trends have also been encouraging.

Meanwhile, with no confirmation available yet on another round of federal stimulus for the airlines, job cuts are looming large on the industry

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Park Hotels and Resorts Sees Stock Price Jump on Update

Park Hotels and Resorts (NYSE:PK) saw its stock price jump almost 9% on Monday after the hotel real estate investment trust (REIT) issued a business update that showed some positive momentum. The REIT, which owns 60 hotels, reported that 46, or 77% of its hotels, are now open along with 59% of its rooms.

For the company’s 37 hotels that were open for all of August, the occupancy rate was

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