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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 -1.50% 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 -3.01% and shares of United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL -1.44% each fell around 8%. Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV -0.80% 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
$ 31.50
-0.48 -1.50%
Volume: 11.29M
Oct. 21, 2020 4:00p
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
$ 11.93
-0.37 -3.01%
Volume: 8.92M
Oct. 21, 2020 4:00p
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
$ 35.54
-0.52 -1.44%
Volume: 16.09M
Oct. 21, 2020 4:00p
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
$ 39.84
-0.32 -0.80%
Volume: 6.53M
Oct. 21, 2020 4:00p
P/E Ratio
99.18
Dividend Yield
0.00%
Market Cap
$23.69 billion
Rev. per Employee
$373,554
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