|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||52.09 - 53.07|
|52 Week Range||47.10 - 66.99|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||8.62|
|Earnings Date||Jan 24, 2019|
|Forward Dividend & Yield||0.64 (1.22%)|
|1y Target Est||63.19|
Federal safety officials plan to question representatives from engine maker CFM International and Boeing about the fatal accident on a Southwest Airlines jet this year. The board is still investigating the April 17 accident, in which an engine fan blade broke and debris hit the plane, killing a woman who was blown partly out a broken window. Investigators are focusing on the design and inspection of engine fan blades.
It's almost that time of year again where we can be thankful for family, but also thankful for cheaper flights thanks to Black Friday deals. Over the years, full service carriers like American Airlines (AAL) and Delta Air Lines (DAL), as well as smaller airlines like WOW Air and Ryanair (RYAAY), have offered affordable deals for travelers.
The global economy is improving. In the United States, the GDP has shown remarkable growth in the first three quarters of 2018. The healthy job market and a steady increase in wages are driving travel demand. In an improving economic scenario, consumers’ discretionary income increases. Consumers tend to travel more, which drives the demand for airline companies.
More passengers at Nashville International Airport is good for Southwest Airlines, as the Dallas-based carrier operates more than 50 percent of the traffic at the airport.
United Continental (UAL) has a consensus rating of ~2.12 from analysts polled by Thomson Reuters. There’s a consensus “buy” opinion on the stock. There has been an upward shift in analysts’ recommendations for United Continental after its third-quarter results and upbeat guidance for 2018. Before the company’s third-quarter earnings were released, five analysts recommended a “strong buy” on United Continental stock.
Any way you slice the data for this Turkey Day 2018, people will be taking to the skies. But fewer will be seated in United airplanes than in those flown by competitors.
With a return of 35.3% YTD (year-to-date), United Continental (UAL) is currently the best-performing stock among the five largest US airline companies (by market capitalization). United Continental has also outperformed the SPDR S&P 500 ETF’s (SPY) returns. SPY tracks an index of large and mid-cap stocks selected by the S&P committee. SPY has gained 2.1% YTD.
The United States Department of Transportation denied American Airlines' motion to change gateway restrictions on flights to Havana, Cuba.
Southwest Airlines has very quietly introduced an alternative boarding procedure at a handful of markets the carrier serves on the West Coast. The boarding arrangement Southwest is using in California markets such as San Jose, Sacramento, Long Beach and Burbank involves passengers boarding not only from the traditional jetway to the plane’s front cabin door, but also via a second mobile stairs rolled up to the aft cabin door. When Southwest uses a second stairway, passengers must first descend a staircase or ramp on the jetway, then cross the tarmac to the second set of stairs and climb those stairs to get to their seats.
In the wake of the steep October sell-off, Morgan Stanley is seeing a dramatic shift in the broader market from growth to value stocks. With that in mind, Morgan Stanley has compiled a list of stocks that it argues will thrive in this tough environment and which can rise sharply and dramatically outperform the market.
The sensor issue has not affected operations at Southwest or American, and both carriers said they have not received reports from pilots about issues with the sensor.
Even though Southwest Airlines' (LUV) traffic rises in October, load factor in the month declines as capacity expansion outpaces traffic growth.
Denver International Airport continues to be the fastest-growing major airport in the country, adding more flights and more seats taking off than any top-10 U.S. airport in past year. A total of 801 daily flights with 104,369 seats on board departed DIA in the 12 months ending in October, an 8.2 percent increase in daily flights and an 8.9 percent jump in seats, airport statistics show. “It’s a booming city,” said Laura Jackson, the airport’s vice president of air service development, which accounts for a lot of DIA’s growth.
Delta's on-time arrival performance in October was simply in a class by itself, and the carrier reveals the reason why.
Some airlines have higher percentages of complaints than others, according to a new report from the U.S. Department of Transportation, which examined consumer complaints in August of this year.
Spirit Airlines (SAVE) benefits from sound operating environment as well as commencement of new routes. However, escalating fuel costs are concerns.
Southwest Airlines’ (LUV) impressive back-to-back quarterly performances and a healthy demand environment for passenger travel demand have instilled confidence among analysts, which is reflected in the ratings.
The Zacks Analyst Blog Highlights: GOL Linhas Aereas Inteligentes S.A., Delta Air Lines, United Continental Holdings, Southwest Airlines and American Airlines Group
DALLAS , Nov. 7, 2018 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its October and year-to-date 2018 preliminary traffic statistics. The Company flew 11.3 ...
Southwest Airlines’ (LUV) utilization rate has been declining for the last six months and for two consecutive quarters. The company didn’t bring in enough traffic to accommodate the increased capacity. In September, Southwest Airlines witnessed a correction in the load factor by 120 basis points. The company’s load factor decreased by 90 basis points during both the second and third quarter.
The low-fare carrier has promised to start serving Hawaii from the mainland. The question, though, is when.