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Finance Quote for DAL -- Current CPI We are all of us in the gutter. But some of us are looking at the stars.Oscar Wilde I'd prefer to have a full bottle in front of me than a full frontal lobotomy. ~Frank Nicholson, attributed -- Updated March 10, 2020 U.S. airlines expand waivers for changing tickets through April The largest U.S. airlines are allowing passengers to rebook tickets through April 30 without paying fees to change flights citing uncertainty about traveling during the coronavirus outbreak. Delta Airlines Inc said Monday it would waive change fees for customers who had previously booked tickets and are scheduled to travel through April 30. Delta and other major U.S. airlines previously announced they would waive the change fees for people buying new tickets through March 31.Tue, 10 Mar 2020 04:49:16 +0000 The CDC Issued New Travel Guidance For Coronavirus. What Airlines Are Saying. The CDC recommended that older adults and those with underlying health issues avoid travel on long plane trips and crowded spaces amid the coronavirus outbreak.Mon, 09 Mar 2020 23:26:00 +0000 Cruise Line, Airline Stocks Slammed Amid U.S. Travel Warning, Oil Price War Cruise line and airline stocks, from Delta Air Lines to Carnival, sold off Monday amid a coronavirus-related U.S. travel warning as well as an oil price war.Mon, 09 Mar 2020 20:07:47 +0000 Fulton County School System to close following confirmed coronavirus case "This closure will allow us to clean and sanitize affected schools as well as share additional details of our ongoing plan."Mon, 09 Mar 2020 18:30:59 +0000 Markets ‘powered through’ SARS, but the coronavirus outbreak is different, Cowen says — and here’s why The coronavirus epidemic could have a worse impact on stocks and the travel industry than the SARS outbreak, Cowen analysts are warning.Mon, 09 Mar 2020 14:45:00 +0000 United, Delta and seven other airlines are waiving flight change fees because of the coronavirus outbreak Some airlines waiving fees for all flights, while others are focusing on flights to regions heavily impacted by the outbreak.Mon, 09 Mar 2020 14:25:00 +0000 As coronavirus spreads, Frontier Airlines passengers cry foul over cancellation fees — the airline calls it a ‘communications disconnect’ Passengers were told they would have to pay change fees after the airline said it was waiving the charges.Mon, 09 Mar 2020 14:20:00 +0000 Coronavirus Shock Tests the Airline Industry’s Cash ‘Fortress’ (Bloomberg) -- Back in September 2017, Doug Parker, the chief executive of American Airlines Group Inc., predicted clear financial skies ahead for the world’s largest carrier.“I don’t think we’re ever going to lose money again,” Parker said during an investor gathering at Dallas-Fort Worth International Airport. “We have an industry that’s going to be profitable in good and bad times.” His counterpart at Delta Air Lines Inc., Ed Bastian, expressed similar optimism. Airlines, like most major companies, game out extreme financial shocks so they can be prepared for the worst. A few years after Parker’s comment, the industry is beginning to test the accuracy of those drills against the coronavirus epidemic, one of the “black swans” that figure in their wargaming, along with terrorist attacks and regional conflicts.What U.S. carriers first saw as largely Asia’s problem has quickly spread to America. Faulty virus tests and weeks of delay by the Centers for Disease Control & Prevention have left Americans uncertain as to the pathogen’s scope. Now they are starting to shun domestic air travel because planes, deservedly or not, have become medically suspect. Airline stocks have been hit especially hard by the market’s virus-induced correction, which on Monday triggered a trading halt. U.S. carriers are starting to cut schedules and may adopt cash-saving measures as more people stay grounded. Oil prices, laid low by the disease’s spread and now cratering thanks to Saudi Arabia’s price war, may be a short-term bright spot. United Airlines Holdings Inc. last week announced capacity reductions given the demand falloff. After doing the same, JetBlue Airways Corp. on Monday withdrew its earnings guidance for the year, citing the epidemic. Southwest Airlines Co. said virus fears will slash first-quarter revenue by as much as $300 million, and that it may suspend some flights. Airlines are bearing the brunt of a Sept. 11-style customer panic, Southwest Chief Executive Officer Gary Kelly said, calling the demand shock a “gut punch” to the industry. The deepest blow has come from business travelers, with many companies prohibiting travel while conferences and trade shows are canceled or postponed. Corporate demand will contract by 30% in March and April, Cowen & Co. analysts forecast. Covid-19 fears have also begun to appear in airport hotel occupancy data, with an almost 4% decline the week of Feb. 24-March 2, lodging research firm STR said. The largest declines were at airports with the biggest volume of international traffic, such as Chicago, New York and San Francisco.“The million dollar question,” Cowen analyst Helane Becker wrote in a March 6 client note, “is when will travel trends return to normal?” With Asia carriers already in trouble following the Wuhan, China, outbreak, last week seemed like Europe’s turn. The U.K.’s largest regional airline was put under administration while Deutsche Lufthansa AG said it was prepared to cut as much as 50% of its capacity, and on Sunday began seeking government support. Norwegian Air Shuttle ASA cut flights and Italy’s Alitalia SpA, already in creditor protection, faces spiking infection rates at home.But against this widening ...