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EU Seeks Astra Court Order; FDA s Vaccine Door: Virus Update

EU Seeks Astra Court Order; FDA s Vaccine Door: Virus Update
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Airlines rally as U S travel rebound quickens into summer

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Airlines Rally as U S Travel Rebound Quickens Before Summer

(Bloomberg) U.S. airlines rose as the country’s three biggest carriers said a travel rebound is gaining steam, with United Airlines Holdings Inc. and Delta Air Lines Inc. heading for the highest closing price in about six weeks.The pace of recovery has been faster than expected, Delta President Glen Hauenstein said Tuesday. United predicted it would turn a profit before certain items next quarter, while American Airlines Group Inc. said corporate trips and long overseas flights the worst-hit segments during the coronavirus pandemic are poised for improvement.“Business travel and long-haul international are starting to show encouraging signs,” American Chief Financial Officer Derek Kerr said at an annual transport conference by Wolfe Research, which hosted most of the airline executives in person in New York. “We’re encouraged by everything we’re seeing.”The upbeat outlooks from all three companies validate expectations that a U.S.

Airlines say travel rebounding faster than expected

Bloomberg (Bloomberg) U.S. airlines rose as the country’s three biggest carriers said a travel rebound is gaining steam, with United Airlines Holdings Inc. and Delta Air Lines Inc. heading for the highest closing price in about six weeks. The pace of recovery has been faster than expected, Delta President Glen Hauenstein said Tuesday. United predicted it would turn a profit before certain items next quarter, while American Airlines Group Inc. said corporate trips and long overseas flights the worst-hit segments during the coronavirus pandemic are poised for improvement. “Business travel and long-haul international are starting to show encouraging signs,” American Chief Financial Officer Derek Kerr said at an annual transport conference by Wolfe Research, which hosted most of the airline executives in person in New York. “We’re encouraged by everything we’re seeing.”

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