34.25 -0.10 (-0.29%)
After hours: 5:36PM EST
|Bid||34.34 x 1300|
|Ask||34.50 x 1100|
|Day's Range||34.09 - 34.78|
|52 Week Range||30.24 - 59.08|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||14.09|
|Earnings Date||Jan 23, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||0.40 (1.08%)|
|1y Target Est||48.39|
Transports lag behind, as December has been dreadful for the sector. With CNBC's Brian Sullivan and the Fast Money traders, Tim Seymour, Pete Najarian, Brian Kelly and Guy Adami.
The world's largest airline appears concerned that customers aren't getting a consistent level of service on flights across the system.
Gary Sinise, the actor and co-founder of the Steppenwolf Theatre Co. in Chicago, has reached that point in his life where he can look back over a long and hugely successful career and put it all together in a memoir. Sinise has spent much of his time for many years advocating for America’s veterans. As Sinise recounts in his new book, he as made it his mission since establishing the Gary Sinise Foundation in 2011 to serve, honor and raise funds for America’s defenders, veterans, first responders, their families and those in need. The book also contrasts his reality as a mostly oblivious kid growing up in the Chicago suburbs at the height of the Vietnam War to his realization later in life of the importance of working to support those who put themselves in harm’s way to defend the United States and its people.
With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction. The No. 3 U.S. air carrier is forging ahead with a strategy to boost its flight network by another 4-6 percent next year after an estimated 5 percent network growth in 2018, Munoz, CEO of United Airlines since 2015, said on Wednesday. The growth plan has allowed United to claw back market share in a competitive U.S. airline sector and boost its profitability.
American, United and Delta are continuing to take shots at one another in regulatory filings as they each plead their case to the U.S. Department of Transportation why they should get China routes.
The Aviation segment has been General Electric’s (GE) best-performing business unit in recent quarters. The segment’s third-quarter revenues rose 12% YoY (year-over-year) and accounted for 25% of General Electric’s total revenues—compared to 24% in the third quarter of 2017. The segment’s orders rose 35% YoY to $9.1 billion.
Fort Worth, Texas-based American Airlines has named Miami native Christine Valls as managing director of sales for Florida, Latin America, the Caribbean and the U.S. She will be based in Coral Gables. The Doral resident most recently worked as the airline's regional sales director of Mexico, Central and South America. In her new role, she will be responsible of leading the airline's passenger sales revenue and corporate relationships in these markets.
Disciplined capacity additions along with promotional offers and marketing strategies to drive traffic helped United Continental (UAL) improve its utilization rate or load factor. In November, the company’s load factor expanded by 120 basis points YoY (year-over-year) to 83%.
On December 10, United Continental (UAL) reported its operating performance for November. The traffic (revenue passenger miles) growth rate exceeded the capacity (available seat miles) growth rate. In November, the company’s traffic grew 7.1% YoY (year-over-year)—much higher than its capacity growth of 5.5% during the same period in 2017. United Continental’s traffic growth has exceeded the capacity growth for seven consecutive months. In the first 11 months of 2018, United Continental reported a higher traffic growth rate compared to the capacity growth in every month except January and ...
Delta (DAL) aims to attract additional traffic by adding new flights from Boston. However, it will face intense competition on the new routes.
American Airlines has been steadfast in efforts to relocate its current Havana flight at Charlotte Douglas International Airport.
Delta Air Lines and JetBlue Airways will both get access to additional gates in Boston next year, which will intensify the rivalry between the two carriers in this key metro area.
Falling fuel prices are set to unlock huge cost savings for airlines next year, but many investors are worried about potential fare wars.
United Airlines this week will start charging passengers for "preferred seats," those near the front of the coach cabin. The move follows similar changes by rivals Delta and American.
Using miles to book upgrades is designed to give frequent flyers more flexibility, although it's subject to availability and opens a wider discussion about the upsell of premium fares.
Delta will compete aggressively with two large rivals in Chicago on an important route to the East Coast.
Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
A large wintry storm that struck the Carolinas, Virginia and other parts of the Southeast prompts airlines to cancel more than 1,400 flights. Carriers waive change fees for passengers traveling to and from affected airports.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in October due to various reasons. Nevertheless, the data show elite investors’ consensus picks have done well on average over the long-term. The top 30 S&P 500 stocks among hedge funds at […]
Customers on United Airlines' international flights finally have a middle-ground option between uncomfortable coach seats and ultra-expensive business class tickets.
A lot has happened at the world's largest airline and the carrier's O'Hare Airport hub since American merged with U.S. Airways.
Airline stocks were knocked lower Friday, with the sector on track to suffer the biggest one-day loss in nearly 3 years, as the recent drop in oil prices and concerns over a slowing economy acted as a one-two punch for the group. The NYSE Arca Airline Index slid 5.1% toward a fourth-straight decline. Friday's loss was headed for the biggest one-day loss since Feb. 26, 2016. Crude futures surged 2.4% Friday, as OPEC and its allies reached a deal to cut production, but has declined 22% over the past three months. Lower oil prices lowers fuel costs for air carriers, but it also leads to undisciplined capacity growth that could hurt unit revenue performance. Analyst Hunter Keay at Wolfe Research downgraded the airline sector, saying that while a recession and lower oil are both "toxic" for air carriers, "we trust airlines to react better to a recession that we trust them NOT to behave poorly with lower oil prices." Among the sector's more active components, shares of American Airlines Group Inc. plunged 9.1%, Delta Air Lines Inc. dropped 4.3%, JetBlue Airways Corp. tumbled 5.8% Southwest Airlines Co. lost 4.1% and United Continental Holdings Inc. shed 5.4%. The airline index has lost 6.0% over the past three months, while the Dow Jones Industrial Average has declined 5.8%.