|Bid||50.90 x 100|
|Ask||51.29 x 500|
|Day's Range||50.87 - 51.95|
|52 Week Range||38.21 - 54.48|
|PE Ratio (TTM)||12.66|
|Earnings Date||Oct 26, 2017|
|Forward Dividend & Yield||0.40 (0.77%)|
|1y Target Est||56.39|
American Airlines has opened a $9 million Hub Control Center at Dallas Fort Worth International Airport designed to improve efficiency by consolidating several functions that used to be in different parts of the airport. “It allows us to bring everybody that has anything to do with operational efficiency or effectiveness under one roof,” Eggers told me on the tour. The new facility is 10,000 square feet compared to 1,500 square feet previously.
Airline hubs are specific airports that an airline company uses as a transfer sport to get travelers to their intended destination, but which airlines dominate which airports? Let's take a look at seven major U.S. airlines, and see where their hubs are located.
The airline industry awaits what it hopes will be more normal earnings call this week after some starting news from United.
High costs are expected to hurt American Airlines (AAL) bottom line in the third quarter of 2017. Multiple flight cancellations due to recent hurricanes are also likely to hamper its results.
Now profitable, airlines are revamping in-cabin dining, offering treats like Prosecco, ice cream and free meals.
American Airlines' (AAL) 3Q17 revenues are expected to grow 2.7% year-over-year to $10.9 billion, which is lower than the previous estimate of 4.8% year-over-year growth to $11.1 billion.
American Airlines (AAL) is expected to announce its 3Q17 earnings on October 26. AAL stock has fallen since mid-July due to several challenges facing the airline industry.
While the three major hurricanes are expected to impact its top line, American Airlines' margins are expected to take a further hit due to increased fuel prices.
A recent University of Virginia study found that fares fall an average of 15% when Southwest Airlines enters a new market. However, the level of competition on each route may matter a lot more than whether Southwest is involved.
Three years of rapid cost inflation have sabotaged American Airlines' profitability. So far, the world's largest airline doesn't seem to have a plan to reverse the damage.
United Continental Holdings’ (UAL) earnings were clearly bad news for the company. Delta Air Lines (DAL) and American Airlines Group (AAL), as is usually the case, followed United’s shares lower—but not much lower. Delta fell 1.1%, and American declined just 1%.
Short interest is low for AAL with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ETFs that hold AAL had net inflows of $7.05 billion over the last one-month.
Analysts spent much of the third-quarter earnings call asking about United Airlines' plans to shore up profit, costs, capacity and margins in 2018 and beyond. They got few answers.
United (UAL) is lower today, after a light forecast overshadowed a decent third-quarter earnings report. The airline said it earned $2.22 per share, a dime better than the consensus, while revenues fell 0.4% year over year to $9.88 billion, just edging past the $9.87 billion analysts were expecting (including a loss of some $210 million of revenue from severe weather during the quarter.) It said passenger revenue per available seat mile (PRASM) was down 3.7%. For the fourth quarter, it expects PRASM down 1% to 3% and capacity to grow 3% to 5%. Bernstein's David Vernon reiterated a Market Perform rating on the stock, writing that the quarter got lost as investors fretted about the guidance: While the 3Q result was solid, the guidance for 4Q is mixed.
The largest airline at Charlotte Douglas International Airport ranked in the middle of the pack for on-time performance, according to ratings released Tuesday. Fort Worth, Texas-based American Airlines Group Inc. received three stars out of a possible five in the On-time Performance Star Ratings released by aviation data company OAG. American, which keeps its second-largest hub at Charlotte Douglas, operates about 90% of flights at the local airport.
Delta Air Lines (DAL) has a forward EV-to-EBITDA multiple of 5.6x. That's higher than its average valuation of 5.4x from January 2009 to date.
North Texas’ two major airlines ranked in the middle of the pack for on-time performance, according to ratings released today. Fort Worth-based American Airlines Group Inc. (AAL) and Dallas-based Southwest Airlines Co. (LUV) both received three stars out of a possible five in the On-time Performance Star Ratings released by aviation data company OAG. Atlanta-based Delta Air Lines (DAL), with 82.8 percent of its flights on time, finished as the only legacy carrier to achieve four stars.
Chicago-based United Airlines Inc. (UAL), Fort Worth-based American Airlines Group Inc. (AAL) and Dallas-based Southwest Airlines Co. (LUV) all received three stars out of a possible five in the On-time Performance Star Ratings released Oct. 17 by aviation data company OAG. American’s flights were on-time 78.7 percent of the time, and Southwest’s and United's were both on-time 78.5 percent of the time, according to the ratings, which are measured on a rolling 12-month period and awarded twice a year in April and October. Atlanta-based Delta Air Lines (DAL), with 82.8 percent of its flights on time, finished as the only legacy carrier to achieve four stars.
American Airlines and United Continental increased their third-quarter margin forecasts last week, but both carriers are still producing fairly weak financial results.
FORT WORTH, Texas, Oct. 12, 2017-- American Airlines Group will webcast a live audio feed of its third quarter financial results conference call with financial analysts and journalists on Thursday, October ...
The upbeat Q3 unit revenue views by American Airlines Group (AAL) and United Continental Holdings (UAL) have contributed to the NYSE ARCA Airline Index gaining.
Oct.20 -- Philip Krim, Casper's chief executive officer, discusses the company's partnerships and business strategy with Bloomberg's Selina Wang on "Bloomberg Technology."
Oct.19 -- United Continental Holdings Inc. dodged Wall Street’s questions on how it would get its turnaround back on track next year, drawing fire from analysts and sending shares reeling. Bloomberg's Abigail Doolittle takes a look at the shares on "Bloomberg Markets: Balance of Power."