NIGHTLY BUSINESS REVIEW

Understanding the Bailout of the Airlines in a more Easier Way | Nightly Business Review


Listen Later

The government just announced a bailout of the airlines sector. Does this agreement in principle with the major airlines suddenly make the airline sector an attractive buy? #FinanceED #AirlineStocks #DAL #AAL
From the New York Times: "The Trump administration has reached an agreement in principle with major airlines over the terms of a $25 billion bailout to prop up an industry hobbled by the coronavirus pandemic. The Treasury Department said that Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, United Airlines, SkyWest Airlines and Southwest Airlines would participate. The program is supposed to help the companies pay their workers and was created as part of the economic stabilization package that Congress passed last month."
Stocks Mentioned in this Episode: Alaska Air Group, Inc. NYSE: ALKAllegiant Travel Company NASDAQ: ALGTAmerican Airlines Group Inc NASDAQ: AALDelta Air Lines, Inc. NYSE: DALFrontier Airlines Hldgs (MM) FRNTJetBlue Airways Corporation NASDAQ: JBLUUnited Airlines Holdings Inc NASDAQ: UALSouthwest Airlines Co NYSE: LUVSkyWest, Inc. NASDAQ: SKYW
In this video we explore the topics and try to figure out how will the bailout by Mr. Steven Mnuchin and President Trump effect airlines.
...more
View all episodesView all episodes
Download on the App Store

NIGHTLY BUSINESS REVIEWBy Finance ED