33.88 -0.22 (-0.65%)
After hours: 4:51PM EST
|Bid||33.70 x 800|
|Ask||34.10 x 800|
|Day's Range||33.61 - 34.81|
|52 Week Range||30.24 - 59.08|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||13.99|
|Earnings Date||Jan 23, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||0.40 (1.08%)|
|1y Target Est||48.39|
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%.
Delta Air Lines has been quietly testing offering bare-bones basic economy tickets to frequent flyers. Delta is testing its offer of basic economy award tickets in select markets. Frequent flyers who like to pick their seats may need to shell out more miles for their next award ticket.
While airlines have made changes to better position themselves, something still feels off for Wolfe Research’s Hunter Keay.
Delta Air Lines (DAL) is the largest airline company in the United States, in terms of market capitalization, at $38.9 billion. The low fuel price environment, efficient cost management, and disciplined capacity enhancement helped Delta grow its profitability in the last few years.
Boeing (BA) stock fell ~3.1% on December 6, making it the day’s worst-performing stock among the Dow Jones Industrial Average’s 30 stocks. The stock opened 3.7% down and fell as much as 7.4% during yesterday’s trading session due to two main reasons: the broader market sell-off on possible trade tension escalation between the US and China and news of Lion Air considering canceling orders for Boeing’s 737 Max jets. The initial blow to Boeing’s stock came due to the broader market sell-off triggered by the arrest of Huawei Technologies’ CFO, which raised fears of a potentially worsening trade relationship between the US and China.
Since the beginning of 2018, Delta Air Lines (DAL) has been focusing on route alignment and capacity addition. In November, the company increased its capacity 3.8% YoY (year-over-year). YTD (year-to-date) as of November, Delta Air Lines’ capacity has risen 3.4% YoY. The YTD growth is significantly higher than the capacity growth of 1% in 2017.