|Bid||49.88 x 1000|
|Ask||49.98 x 800|
|Day's Range||49.69 - 50.93|
|52 Week Range||47.10 - 66.99|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||7.86|
|Earnings Date||Jan 24, 2019|
|Forward Dividend & Yield||0.64 (1.25%)|
|1y Target Est||62.53|
U.S. carrier Delta Air Lines Inc said a wider variety of seating options and fares from basic economy to flat bed seats in first class will help revenues grow 4 to 6 percent in 2019, while fuel prices should drop by $300 million next year. Speaking at the airline's investor day, Chief Executive Officer Ed Bastian said 30 percent of Delta's revenue stream now comes from higher-paying premium products, double the amount six years ago. U.S. airlines have been segmenting their cabins with an increased focus on more lucrative business travel.
Dwindling oil prices are favorable for airlines. Taking advantage of this bullish scenario, Southwest Airlines (LUV) slashes its Q4 fuel cost per gallon view.
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…
CNBC had a sensational headline last week about Boeing (NYSE:BA) that suggested more pain was in store for Boeing stock. “Boeing shares are in a tailspin,” began the Dec. 7 article. Is there increased volatility in Boeing stock these days?
Jim Cramer steers investors away from the banking sector in a rapid-fire question-and-answer session.
Decline in load factor at the likes of Southwest Airlines (LUV), Allegiant (ALGT) and Hawaiian Airlines does not bode well for the entire airline industry.
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.
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.