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Delta's August Load Factor Falls 2.9 Percentage Points
Friday, September 2, 2016 - 10:45am | 294Read More...Delta Air Lines, Inc. (NYSE: DAL) disclosed the total system load factor witnessed 2.9 percentage point drop from 87.3 percent to 84.4 percent in August. For the year-to-date period, the load factor fell 0.5 percentage points. The company's passenger unit revenue (PRASM) dipped 9.5 percent in...
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United Continental's CEO Oscar Munoz Eager To Make Up For Lost Time
Wednesday, August 31, 2016 - 2:53pm | 363Read More...United Continental Holdings Inc (NYSE: UAL)'s CEO Oscar Munoz is now ready to make up for lost time after the 57-year-old suffered a heart attack last fall and had to have a heart-transplant operation in January. Speaking to the Wall Street Journal, Munoz acknowledged his right hand isn't 100...
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It Could Be Time To Book A Flight On The Airline ETF
Thursday, August 25, 2016 - 3:09pm | 564Read More...It is not etched in stone, but it often happens. That being airline stocks fall while oil prices rise and vice versa. Year-to-date, West Texas Intermediate futures, though weaker in recent months, have traded higher while the U.S. Global Jets ETF (NYSE: JETS) is down nearly 10 percent. That does...
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Morgan Stanley: American Airlines' Pricing Story Has Begun To Play Out
Thursday, August 18, 2016 - 11:16am | 383Read More...Morgan Stanley remains Overweight on American Airlines Group Inc (NASDAQ: AAL) on favorable pricing dynamics, strengthening revenue narrative, firm grasp on costs and continued supply discipline. "The pricing narrative is the most compelling reason to own American from here," analyst Rajeev Lalwani...
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Delta Deals With System-Wide Outage; Investors Sell The News
Monday, August 8, 2016 - 9:43am | 296Read More...Even as Delta Air Lines, Inc. (NYSE: DAL) started dealing with the system-wide outage affecting its operations, investors preferred to sell the stock following the news in pre-market trading Monday. Earlier, the company disclosed that it experienced a computer outage impacting its flights scheduled...
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'The Premier Airline On The West Coast': Virgin America Approves Merger With Alaska Airlines
Tuesday, July 26, 2016 - 3:32pm | 219Read More...Virgin America Inc (NASDAQ: VA) and Alaska Airlines (Alaska Air Group, Inc. (NYSE: ALK)) have officially teamed up to create the "Premier Airline for West Coast travelers." Virgin America shareholders announced Tuesday that they have approved the merger after a vote to approve the...
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Do JETS' Technical Round Trips Signify Turbulence Ahead For Airline Stocks?
Monday, July 18, 2016 - 11:49am | 353Read More...The S&P 500 has been hitting new all-time highs for a week now, but somebody forgot to tell the airline industry. The U.S. Global Jets ETF (NYSE: JETS) remains down 6.4 percent so far in 2016 and is up against some short-term technical resistance. In a little more than a month’s time,...
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American Airlines Book Value Rising Faster Than Its Debt, Says Buckingham
Friday, July 15, 2016 - 10:23am | 459Read More...Buckingham Research said the book value of American Airlines Group Inc (NASDAQ: AAL) is rising faster than its debt, as the firm maintained its Buy rating on the stock. Recent Performance And Expectations "AAL has adopted a deliberate strategy of using aircraft financing, resulting in higher...
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Raymond James' Airline Analyst Talks Stocks, Capacity And Growth Expectations
Thursday, June 9, 2016 - 11:49am | 275Read More...Raymond James' airline analyst Savanthi Syth was a guest on CNBC's "Squawk On The Street" segment on Thursday to discuss her latest "quarterly seat check" report. According to Syth's checks, unit revenue for the airline industry has fallen 6 percent in the recent quarter, but fuel costs have fallen...
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Barclays Picks United And JetBlue As Top Airliners, Sours On Virgin And Others
Saturday, April 16, 2016 - 7:22pm | 580Read More...Barclays has upgraded two airline stocks, while downgrading three, to better reflect even a "modest risk of recession" over the next year. The brokerage's top pick remains United Continental Holdings Inc (NYSE: UAL), and the next best idea is JetBlue Airways Corporation (NASDAQ:...
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Wall Street Firm Bullish On Airlines, Ups Estimates And Price Targets
Wednesday, April 13, 2016 - 4:10pm | 359Read More...Most airline stocks have had a rough go of it so far in 2016, but Buckingham Research Group analyst Daniel McKenzie believes things are looking up for Q1 earnings season. Buckingham has raised its Q1 earnings estimates for JetBlue Airways Corporation (NASDAQ: JBLU) and Delta Air Lines, Inc. (NYSE...
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Low Airline Expectations Could Actually Yield Slight Upside, JPMorgan Says
Monday, April 11, 2016 - 4:17pm | 499Read More...Low expectations from airlines could actually yield slight upside in the near term, according to a note from JPMorgan, which prefers Overweight names such as American Airlines Group Inc (NASDAQ: AAL), United Continental Holdings Inc (NYSE: UAL) and Delta Air Lines, Inc. (NYSE: DAL). "Given...
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Airline Stocks Could See 'Modest Relief' Soon
Monday, April 11, 2016 - 2:46pm | 321Read More...Q1 numbers for leading U.S. airlines came in on the low end of the expected range, but the results may end up having an unexpected impact on airline stocks. According to JPMorgan analyst Jamie Baker, the weak results were not bad enough to justify the recent selloff in airline stocks. “...
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What Deutsche Bank Thinks About Virgin America's Potential Merger With JetBlue/Alaska
Saturday, April 2, 2016 - 1:31pm | 513Read More...Deutsche Bank said that recent headlines regarding airline M&A and shareholder activism as potential non-fundamental, upside catalysts for the stocks in 2016. Analyst Michael Linenberg commented on a Bloomberg report that said Virgin America Inc (NASDAQ: VA) has received takeover offers from...
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Deutsche Bank Downgrades A Slew Of Airliners
Friday, April 1, 2016 - 2:31pm | 744Read More...Deutsche Bank has downgraded American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL), United Continental Holdings Inc (NYSE: UAL) and Hawaiian Holdings, Inc. (NASDAQ: HA) to Hold from Buy saying "several of our key macro indicators are suggesting a more challenging environment...
















