|Bid||51.00 x 800|
|Ask||51.01 x 1000|
|Day's Range||50.68 - 51.60|
|52 Week Range||47.10 - 66.99|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||8.03|
|Earnings Date||Jan 24, 2019|
|Forward Dividend & Yield||0.64 (1.25%)|
|1y Target Est||62.53|
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.
Last year, Facebook was No. 1 on the job site Glassdoor's list of the best places to work. This year, it dropped to number seven. The lesson: Employees don't like it when you share the personal data of 87 million users with Cambridge Analytica, enable human rights abuses in Myanmar, and get accused by former…
Falling fuel prices are set to unlock huge cost savings for airlines next year, but many investors are worried about potential fare wars.
Bearish fourth-quarter 2018 outlook related to RASM hurts Hawaiian Holdings (HA). Fuel costs and competition are additional obstacles.
Southwest's (LUV) load factor falls yet again in November due to capacity expansion exceeding traffic growth. Notably, load factor declines consecutively ever since the April flight mishap.
American Airlines (AAL) shares fell more than 9% on December 7 after Wolfe Research analyst Hunter Keay’s comments in a note to clients. Keay questioned the bullish arguments about the industry. Keay downgraded his rating on American Airlines stock. Keay has a “peer perform” rating on American Airlines—compared to the previous “outperform” recommendation.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in October, blaming macroeconomic conditions and unpredictable events that hit several sectors, with healthcare among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent declines. […]
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.
DALLAS, Dec. 7, 2018 /PRNewswire/ -- Southwest Airlines Co. (LUV) this week announced extra flights for college football fans traveling to see their favorite teams compete for the top spot. Based on the demand from fans in Oklahoma, South Carolina, Indiana, and Alabama, the carrier added new nonstop options for fans to get to the football games in Miami, Florida and Arlington, Texas.
Investing.com - Stocks in focus in premarket trade Friday:· Tesla (NASDAQ:TSLA) stock rose 2% as of 8:00 AM ET (13:00 GMT) after news that the luxury car maker plans to use a stock and cash mix to pay off its debt due in March.· Southwest Airlines (NYSE:LUV) stock gained 0.09% after reports that the company is close to getting certification to operate a flight route to Hawaii. The airline company also announced a 5% rise in November traffic. ...
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.
Investing.com – U.S. futures pointed to a lower opening bell on Friday despite reports that the Federal Reserve could pause its interest rate hikes.The S&P 500 futures fell 13 points or 0.51% to 2,677.38 as of 6:45 AM ET (11:45 GMT) while Dow futures lost 115 points, or 0.46%, to 24.792. Meanwhile tech heavy Nasdaq 100 futures decreased 41 points, or 0.60%, to 6,783.5.The Wall Street Journal reported on Thursday that the Fed is likely to consider a wait-and-see approach after hiking rate increases at its next meeting in December and does not know when its next rate hike will be. ...
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.
Southwest Airlines Co. reported Friday November load factor that declined to 84.5% from 85.8% a year ago, as seat supply growth outpaced the rise in traffic. Capacity increased 6.5% to 13.40 billion available seat miles while traffic rose 4.9% to 11.33 billion revenue passenger miles. Year-to-date load factor was 83.6%, down from 84.0% the same period last year, as capacity growth of 3.8% topped the 3.3% rise in traffic. The stock edged up 0.1% in premarket trade. It has lost 18.1% this year, while the NYSE Arca Airline Index has shed 10.3% and the S&P 500 has gained 0.8%.
DALLAS , Dec. 7, 2018 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its November and year-to-date 2018 preliminary traffic statistics. The Company flew 11.3 ...
The plane, a Boeing 737-700, came to a rest after rolling into the airport’s Engineered Material Arresting System.