|Bid||19.53 x 1300|
|Ask||19.54 x 800|
|Day's Range||19.50 - 19.60|
|52 Week Range||17.10 - 23.08|
|PE Ratio (TTM)||7.60|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.58|
Southwest Airlines (LUV) stock has declined 0.5% since its traffic update on September 12, recovering from the 2.6% decline on the day the traffic numbers were released. Since September 12, regional peer JetBlue Airways (JBLU) has risen 1.2%. Ultra-low-cost carrier Spirit Airlines (SAVE) has gained 1.5%.
JetBlue Airways Corporation Chief Executive Officer Robin Hayes and Senior Leaders will present at its Investor Day on October 2nd, 2018 at 8:30 a.m. ET. A live webc
Due to increasing crude oil prices, Southwest Airlines (LUV) expects fuel costs to rise more in the third quarter. It expects a rise of $2.25 per gallon, which is slightly higher than $2.21 per gallon that it guided for after its second-quarter results. In the second quarter of 2017, the price of fuel was $1.99 per gallon.
The Hawaii-focused leisure carrier is branching out, with plans to start a second route to the U.S. East Coast in April 2019.
In August, Southwest Airlines’ (LUV) utilization declined 0.6% YoY (year-over-year) to 84.3% as traffic growth lagged capacity growth. As we saw in Part 2 of this series, traffic growth has been lagging behind capacity for the past five months. As a result, LUV’s utilization has also been declining in the same period.
In August, Southwest Airlines’ (LUV) traffic grew 1.3% YoY (year-over-year), which was lower than its capacity growth of 2% YoY for the month. Its traffic growth has been lagging capacity growth for the past five months. From January to March, its traffic growth exceeded capacity growth.
In August, Southwest Airlines’ (LUV) capacity increased 2% YoY (year-over-year) after recording growth of 3.2% in July. In May, it had its highest capacity growth of 5.2% YoY. It had its lowest capacity growth of 1% YoY in February.
United Airlines has a more restrictive carry-on bag policy for basic economy ticket buyers than American Airlines and Delta Air Lines. Now, it also charges more for checked bags than either of its main rivals.
In this exclusive interview, Fool contributor Brian Feroldi chats with CEO Jon Kessler about the competitive landscape, HealthEquity's corporate culture, growth potential, and more.
Airlines canceled more than 1,500 flights because of Hurricane Florence and travel disruptions are likely to continue through the weekend.
More than 1,500 flights have been canceled in states in Florence's path. Hurricane Florence made landfall early Friday with top winds of 90 miles per hour. Hurricane Florence hit North Carolina on Friday morning with top winds of 90 miles per hour, prompting flight cancellations in the southeastern U.S. through the weekend.
Strong demand for air travel boosts JetBlue's (JBLU) August traffic. Load factor improves on the back of traffic growth outweighing capacity expansion.
For years, airlines have experimented with biofuels, aiming to reduce both carbon emissions and their reliance on fossil fuels. Airlines account for about 2 percent of annual global carbon emissions, but the industry’s rapid growth and future expansion across emerging markets has made aviation’s environmental impact a top issue for executives and regulators. “I would describe the biofuels in aviation as an evolution over time,” said Aaron Robinson, senior manager for environmental strategy and sustainability at Chicago-based United, which first made biofuel part of its routine operations in 2016 at its Los Angeles hub.
Airlines canceled hundreds of flights ahead of Hurricane Florence. The Category 2 storm is expected to make landfall in the Carolinas early Friday.
JetBlue Airways Corporation reported its preliminary traffic results for August 2018. Traffic in August increased 6.7 percent from August 2017, on a capacity increase of 4.8 percent.
Two of the nation's largest airlines so far are not adopting the higher checked baggage feels United Airlines implemented late last month.
Bullish third-quarter unit revenue projections from the likes of United Continental (UAL) reflect the strong demand for air travel.
WILMINGTON, N.C. (AP) — Motorists streamed inland on highways converted to one-way evacuation routes Tuesday as about 1.7 million people in three states were warned to get out of the way of Hurricane Florence, a hair-raising storm taking dead aim at the Carolinas with 140 mph (225 kph) winds and potentially ruinous rains.
Several lawmakers are seeking more information about airline fees and seating policies. The queries come after JetBlue and United raised checked bag fees $5 to $30 for a first bag and airlines have started to sell preferred seats, those without extra legroom that are often toward the front of the plane.
FlyKargo today announced a partnership with JetBlue Airways (JBLU) to facilitate air cargo movement between Fort Lauderdale and San Juan, Puerto Rico as part of a three month pilot program that begins on October 15th, 2018. FlyKargo, based in Miami, FL are specialists in delivering turnkey air cargo managed services to low cost airlines and will focus on providing fast and reliable air cargo services to the registered freight forwarders as well as known shippers. “Our clients are able to focus on their core passenger business and rely on us to safely, efficiently, and effectively operate air cargo business,” said Patricio Sepulveda, Chairman of FlyKargo.
Several airlines are raising fees on checked bags as fuel prices rise, but they may be running out of passenger charges.
Strong demand for air travel contributes to JetBlue's (JBLU) bullish RASM view. Launch of the new transcontinental route is also a prudent move.