Tag: Passenger Airlines

Airline stocks gain altitude as Europe plans to welcome more overseas tourists

Airline stocks flew higher on Tuesday, as the European Union moved to welcome foreign tourists to the region, a sign that more normal travel and tourism conditions can resume as COVID-19 vaccinations become more widespread. Shares in British Airways owner IAG IAG, +2.14%, Air France-KLM AF, +1.00%, Lufthansa LHA, +3.03%, Ryanair RYA, +0.15%, EasyJet EZJ, […]

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More airlines fill middle seats — in direct opposition to CDC’s own advice on reducing COVID-19 exposure

Nearly every airline is allowing travelers to book the middle seats on flights, despite a new study from the Centers for Disease Control and Prevention suggesting that blocking the middle seat reduces passengers’ exposure to virus particles, including the virus that causes COVID-19. A laboratory-based study predicted that keeping the middle seat vacant would lead […]

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Opinion: Why index funds are nuts

How much of my retirement portfolio do I really want to gamble on a high-risk, low-profit company that is already valued at over 1,000 times its most recent earnings, plus seven times the peak earnings of its entire industry, and which is controlled and run by a volatile eccentric? Probably not much, to be honest. […]

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Opinion: Don’t expect an economic boom, because there’s little pent-up consumer demand

NEW HAVEN, Conn. (Project Syndicate)—As the second vaccine shot went into my arm, I could almost taste the instant gratification of deferred desires. Having done without for nearly a year, it was time to indulge. While I was lucky enough—actually, old enough—to be included in the first wave of inoculations, the rest of America is […]

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United Airlines warns thousands of employees that their jobs are at risk—again

A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines said the jobs of roughly 14,000 employees are at risk when a second round of federal aid expires this spring, the latest sign of how the industry is struggling […]

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