Foreign visits to the U.S. were already off about 20% in March. And there were several signs of recession. Now, we look pretty cooked.
stocks
Tag Archives for stocks.
Delta Air Lines Just Sounded The Alarm On The Economy—Profit Forecast Cut Up To 70% As Stock Plunges
Delta Air Lines filed an 8-K this afternoon with updated financial guidance, in advance of presenting at J.P. Morgan 2025 Industrials Conference. And the news is not good. They’ve cut first quarter revenue growth in half – and earnings per share down 50% – 70%.
United Airlines CFO Hints at Multi-Billion Dollar Stock Buyback—Strategic Move or Critical Error?
The CFO of United Airlines presented at the Morgan Stanley 12th Annual Laguna Conference on Thursday and he tipped his hand that the airline is about to start buying back stock
70 Members Of Congress Send Letter To Airlines Demanding They Don’t Buy Back Stock
Six weeks ago union leaders called for airlines not to resume stock buybacks, even though airlines are not on the verge of resuming stock buybacks (they have too much debt to pay down, and we’re in a rising interest rate environment making it more important to do so).
Why Airline Wages Rise, And Why Stock Buybacks Don’t Matter
U.S. airlines agreed not to buy back stock until September 30, 2022 as part of their government bailouts during the pandemic. It would have been unseemly to pick taxpayer pockets and immediately turn around and distribute those same funds to shareholders.
Now that the buyback restriction is about to end, unions don’t want airlines to spend money that way, arguing that the funds should go into the operation instead (paying workers more, natch).
Doug Parker Is Leaving American Airlines And He’s Got Some Stock Advice
Outgoing American Airlines CEO Doug Parker spoke at the JP Morgan Industrials Conference today and suggested that since he’s leaving and won’t be responsible for results after this quarter, he shouldn’t talk about American’s future forecasts. Instead he talked about the airline industry – and revealed something about his own investing in competitor stocks.






