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Sept. 21, 2020, 2:05 p.m. EDT

U.S. airline stocks plunge on renewed lockdown fears

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By Claudia Assis

Shares of major U.S. airlines tumbled Monday, with Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL -1.11% shares the worst hit and off nearly 9%. Airlines have been battling renewed fears of more lockdowns, especially in the U.K., and the looming expiration of U.S. government aid to protect airline jobs. Shares of JetBlue Airways Corp. /zigman2/quotes/207639051/composite JBLU -1.14% and shares of United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL -1.77% each fell around 8%. Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV -0.97% stock fared better, down less than 6%. Earlier Monday, a joint report commissioned by industry groups and companies said that the all-but-closed air bridge between the U.S. and the U.K. will cost the U.K. economyabout $41 million a day by the beginning of October.

/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 31.63
-0.36 -1.11%
Volume: 1.02M
Oct. 21, 2020 9:53a
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$20.39 billion
Rev. per Employee
$499,337
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/zigman2/quotes/207639051/composite
US : U.S.: Nasdaq
$ 12.16
-0.14 -1.14%
Volume: 921,471
Oct. 21, 2020 9:53a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.35 billion
Rev. per Employee
N/A
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 35.42
-0.64 -1.77%
Volume: 1.71M
Oct. 21, 2020 9:53a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$10.49 billion
Rev. per Employee
$448,946
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/zigman2/quotes/201071949/composite
US : U.S.: NYSE
$ 39.77
-0.39 -0.97%
Volume: 519,823
Oct. 21, 2020 9:53a
P/E Ratio
98.85
Dividend Yield
0.00%
Market Cap
$23.69 billion
Rev. per Employee
$373,554
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