Delta stock has been hit hard along with other airline stocks as a result of the coronvavirus outbreak, but is DAL stock near a bottom?

Lufthansa delays €9 billion rescue deal after EU attempts to force it to give up slots at Frankfurt and Munich airports

In this article we will take a look at whether hedge funds think Delta Air Lines, Inc. (NYSE:DAL) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get […]

Shares of Latam Airlines Group (NYSE: LTM) fell 34% on Tuesday after the Latin American airline filed for Chapter 11 protection in New York. The pandemic has created an extraordinarily tough operating environment for airlines, and it seems unlikely the current equity holders of Latam will get much, if anything, from the reorganization. Airlines around the globe have been hard hit by the COVID-19 pandemic, and Latin American airlines in particular have suffered due to bans on international travel.

On Tuesday the S&P 500 traded above the 3,000 level for most of the session and the Dow crossed 25,000 for the first time since early March. But one strategist warns a pause and digestion in the markets is likely.

Qingyan 'Yan' Chen joins Yahoo Finance's Alexis Christoforous and Brian Sozzi to discuss how COVID-19 could change future plan designs, how passengers can stay safe, his work with Boeing on a future ventilation system and more.

Boeing is laying off over 6,700 of its U.S. workers, with "several thousand” more layoffs planned. Yahoo Finance’s Emily McCormick and Akiko Fujita discuss.

Airline shares were flying higher again on Wednesday, the sector's second straight day of posting double-digit gains on improving optimism that the U.S. economy is in the early stages of a recovery. Shares of Spirit Airlines (NYSE: SAVE) led the way at the open, jumping 18%, while shares of American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), JetBlue Airways (NASDAQ: JBLU), Alaska Air Group (NYSE: ALK), Hawaiian Holdings (NASDAQ: HA), and Allegiant Travel (NASDAQ: ALGT) were all up double digits.

Airlines' improved cash flow and cost-control measures helped them with enough capital to tide over the crisis, and now with improved traffic, things are certainly looking up for airliners.

The U.S. Global Jets ETF is soaring amid investor optimism about states reopening their economies. Yahoo Finance's Akiko Fujita and ETF Trends CEO Tom Lydon discuss.

S&P; 500 reaches 3,000 level, AutoZone reports earnings Continue reading...

Shares of airlines took flight Tuesday, amid growing investor optimism over the easing of COVID-19 related lockdown restrictions and as government data showed a continued increase in air travelers.

U.S. stocks closed sharply higher Tuesday as markets focused on evidence of the global economy reemerging from COVID-19 shutdowns and some signs of progress on the race for a vaccine. The Dow Jones Industrial Average rose 530 points, or 2.2% to close around 24,995 and the S&P 500 index gained 36 points, or 1.2% to finish the session near 2,992. The Nasdaq Composite index rose 16 points, or 0.2%, to close at about 9,340. Sentiment was buoyed by news that Novavax Inc. had started human trials of a COVID-19 vaccine. Also fueling gains were recent data showing U.S. air travel has risen and evidence that restaurants and freight trucking were seeing greater demand. Airline stocks surged Tuesday, with the US Global JETS ETF gaining 11.2% on the day, led by shares of Delta Air Lines Inc. , United Airlines Holdings, Inc. and American Airlines Holdings Inc. , all of which posted double-digit gains. The session was also colored by evidence of a rotation out of what has been a defensive technology sector into cyclical names that benefit during economic recoveries. Financial stocks posted the biggest gains on a sector basis, with the Financial Select Sector SPDR Fund rising 5.3% on the day.

With easing travel restrictions, U.S. airlines are seeing modest increases in passenger numbers.

U.S. stocks were mostly higher at the open Wednesday, looking for a second straight session of gains, on growing optimism that governments around the world will be able to loosen lockdown measures in place to combat the coronavirus pandemic. The Dow Jones Industrial Average opened about 351 points, 1.4%, higher, near 25,347, while the S&P 500 jumped about 28 points or .9% to open near 3,019. The Nasdaq Composite Index was about 13 points or 0.1% higher, opening near 9,353. Travel operators like Carnival Cruise Lines and Delta Airlines Inc. roared higher, but tech heavyweights like Amazon.com Inc. sold off as investors looked to beaten-down stocks for better values.

There’s a big debate now about whether Warren Buffett has “lost his touch.” While Buffett’s Berkshire Hathaway (BRK)(BRK) booked substantial losses dumping airlines stocks in the late first-quarter weakness in the sector, insiders at close to half a dozen airlines bought lots of their stock — including the airlines Berkshire sold. In a direct challenge to the Oracle of Omaha, insiders racked up the kind of sector-wide buying I look for to support a bullish industry call in my stock newsletter Brush Up on Stocks.

Warren Buffett's position on airline stocks has attracted a lot of investor attention, and rightly so. His Berkshire Hathaway went from being a buyer of airline stocks earlier in the year to famously dumping its stakes in Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), American Airlines Group (NASDAQ: AAL), and United Airlines (NASDAQ: UAL), with Buffett declaring that he'd made a mistake.

The likes of Delta (DAL) and United Airlines (UAL) are looking at ways to promote cleanliness in a bid to encourage passengers to resume flying.

Some of the hardest-hit airline stocks were surging, including United Airlines Holdings, up 12%, and Spirit Airlines, up 14.6%.

Airline stocks are rocketing higher on Tuesday morning, joining in a broader market rally as investors celebrate signs economic activity is returning to normal and promising developments in the race for the COVID-19 vaccine. Shares of Spirit Airlines (NYSE: SAVE) led the way, up more than 14% as of 10 a.m. EDT, with shares of Southwest Airlines (NYSE: LUV), United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), American Airlines Group (NASDAQ: AAL), Alaska Air Group (NYSE: ALK), JetBlue Airways (NASDAQ: JBLU), and Hawaiian Holdings (NASDAQ: HA) all up double digits.