Why Shares of Discount Airlines Fell in March
Why Shares of Discount Airlines Fell in March 3March was rough for investors in a broad range of industries, but holders of airline stocks had a particularly miserable month. The COVID-19 coronavirus pandemic caused demand for travel to evaporate overnight and sent companies scrambling to bring down costs and avoid bankruptcy court. The COVID-19 impact was initially felt by airlines with …
News story posted on 2020-04-03T05:05:00.0000000Z