Indian airlines take hit as government suspends inbound visas in bid to stem coronavirus spread [Reuters]
AIRBUS SE UNSP/ADR (EADSY)
NASDAQ:AMEX Investor Relations:
otcmarkets.com/stock/eadsy/profile
Company Research
Source: Reuters
Indian airlines take hit as government suspends inbound visas in bid to stem coronavirus spread NEW DELHI (Reuters) - Indian airline share prices tumbled on Thursday after the government moved to restrict travel into the country in an effort to stem the spread of coronavirus, prompting massive ticket discounting in an already slumping air travel market. Shares in budget airline SpiceJet Ltd skidded nearly 19% on Thursday morning even as it launched a sale offering tickets for as little as $13 one way, along with free meals and seats. Rival IndiGo saw its shares drop as much as 17%, having warned of a profit hit on Wednesday evening due to a sharp decline in domestic bookings. India late on Wednesday said it would suspend the vast majority of visas to the country in a wide-reaching attempt to prevent the spread of coronavirus as cases across the region continued to rise. “The bigger the airline, the bigger the risk and loss because cancellations will be higher,” said Nripendra Bahadur
Show less
Read more
Impact Snapshot
Event Time:
EADSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EADSY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EADSY alerts
High impacting AIRBUS SE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
EADSY
News
- Macquarie Explores Sale of $1.2 Billion Helicopter Lessor [Yahoo! Finance]Yahoo! Finance
- Rolls-Royce Hits £50 Billion Valuation After Huge Stock Rally [Yahoo! Finance]Yahoo! Finance
- Airbus Delivers One H145M Combat Helicopter to the German Armed Forces [Yahoo! Finance]Yahoo! Finance
- Silent Arrow® Wins Competitive Air Force Contract to Develop 200 Mile Contested Logistics Drone [Yahoo! Finance]Yahoo! Finance
- Airbus signs historic contract to provide 19 H135 military training helicopters to the Royal Canadian Air Force [Yahoo! Finance]Yahoo! Finance