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Airline Investors Look for Bluer Skies Later This Year


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Delta Air’s disappointing earnings report isn’t stopping Wall Street from maintaining a bullish outlook, pegged to a second-half recovery.
Patrick T. Fallon / AFP via Getty Images
Airline investors aren’t expecting much this earnings season and are looking ahead to the second half of the year.
That narrative appeared to take hold after
Delta Air Lines
(ticker: DAL) missed fourth-quarter-earnings estimates and issued guidance below consensus estimates for the first quarter. Delta’s results don’t bode well for the two other full-service carriers:
American Airlines Group
(AAL). United is scheduled report earnings next Wednesday, with American scheduled to report on Jan. 28. ....

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The New Covid-19 Testing Rules for Travel to the U.S.—What They Mean for You


Updated Jan. 26, 2021 4:40 pm ET
Travelers flying to the U.S. from abroad now have to show proof of negative Covid-19 tests before boarding their flight. The Centers for Disease Control and Prevention has said preflight testing is necessary as Covid-19 cases continue to soar and more-contagious strains of the virus emerge around the world. President Biden signed an executive order on Jan. 21 affirming the new testing requirements and directing agencies to consider additional travel-safety measures.
Here is what you need to know about the new protocols before you take a trip.
Who does it affect?
The order applies to everyone traveling to the U.S. on international flights, including U.S. citizens. You will need to show negative test results even if you are flying on a private jet or charter flight. There are exceptions for children under age 2, airline crews and federal law-enforcement agents and members of the military traveling for duty. ....

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U.S. Companies Revamp Bonus Plans as Pandemic Upends Forecasts


Jan. 11, 2021 5:30 am ET
Companies are revising their plans for bonuses and other incentive compensation as the coronavirus pandemic upended financial forecasts and executives managed through a once-in-a-lifetime economic downturn.
The pandemic has had a disparate effect on companies’ balance sheets, leading to soaring profits in some industries, such as online retail and groceries, and steep losses in others, for example hospitality and travel.
Over a quarter of large U.S. businesses initially reduced executive salaries in the spring, according to Equilar Inc., a data provider. The cuts, at companies including
Walt Disney Co.
,
General Motors Co.
and
United Airlines Holdings Inc., ....

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