BA Stock Drops 7% as Boeing Revises Its BMO Due to Effects of COVID-19 Pandemic
Following the revised BMO that already had its impact on Boeing shares, airline stocks fell after President Donald Trump called for a halt in the stimulus negotiations.
Dow Jones Starts the Week 500 Points Higher, Boeing’s 737 Max Certification Tests Shoots Stock by 14%
The U.S. stock market made positive moves after major correction last week. Airline stocks lead the way as the U.S. Federal Aviation Administration starts a three-day compliance test for Boeing’s 737 Max.
Airline Stocks Plummet as Airline Industry Faces ‘Worst Year in History’
By
Darya Rudz
According to the International Air Transport Association (IATA), airlines worldwide are expected to lose $84.3 billion this year because of the COVID-19 pandemic.
Airlines Stocks Down after Warren Buffett Exited Stakes in Four of the Largest U.S. Airlines
Airlines stocks slid further on Monday after investor Warren Buffett said that Berkshire Hathaway exited its stakes in four of the largest U.S. air carriers American, United, Delta and Southwest airlines due to the coronavirus.
Grounded by Coronavirus, United Airlines (UAL) and American Airlines (AAL) Stocks are Down 24.85% and 17.28%
By
Tolu Ajiboye
Airlines are seeing a heavy reduction in the number of customers that patronize them, leading to a crash in their stocks.