|Bid||33.50 x 800|
|Ask||38.25 x 800|
|Day's Range||37.63 - 38.75|
|52 Week Range||32.97 - 64.76|
|Beta (3Y Monthly)||0.36|
|PE Ratio (TTM)||7.56|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
"I'm so upset and disappointed right now," one traveler posted. She had received a message that her 9:10 a.m. flight had been delayed until 3 p.m., but it departed on time.
The Puget Sound region may need not one, but potentially several, new airports to cope with its surging aviation growth, says the Puget Sound Regional Council's Josh Brown, who is leading a deep-dive study on the issue.
Alaska Airlines, the airport's biggest tenant, says a proposed North Terminal is "completely disconnected" from core domestic and international flight operations.
Delta is cutting its last route to Haiti. Delta Air Lines Inc. (NYSE: DAL) told Atlanta Business Chronicle it will suspend direct service between Hartsfield-Jackson Atlanta International Airport and Port-au-Prince, with the last flight out of the Haitian capital on Jan.
Spirit Airlines is on a growing streak at Tampa International Airport and it plans to evolve its presence in the market even more. Spirit (NYSE: SAVE) is launching a new daily service to New York, Newark, New Jersey and Indianapolis on Thursday. With the new connections, Spirit will now serve 24 destinations from Tampa.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Horry (County of) SC Airport Enterprise and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Some older pavement is as thin as 14 inches, with the average being 16 inches thick, resulting in airfield assets continually needing emergency repairs. Modern airports require 20 or more inches of thickness.
South Florida's international airports posted a healthy uptick in passengers over the past year, highlighting the strength of the U.S. economy.
The payouts have triggered pointed questions from Port of Seattle commissioners and highlighted planning flaws by airport officials.
Some in the industry think the time is near for Southwest Airlines to look at non-organic growth opportunities.
Airline stocks gained altitude in October. The third-quarter results eased investors’ concerns about the global economic slowdown and the MAX grounding.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
With the third-quarter earnings season nearly complete for airlines, J.P. Morgan takes a look back at the reports and writes that there was a lot of good news for the industry. It hasn’t been an easy year to be invested in airlines, even for patient investors, and even as arguments remain that the industry has changed for the better and now has better business practices. Many airlines are dealing with the grounding of (BA)’s (BA) 737 MAX aircraft, and analysts remain uneasy about the competitive dynamics.
Last week, Boeing (BA) lost a multi-billion-dollar order to its arch-rival Airbus. There's still uncertainty about the 737 MAX's return.
Shares of JetBlue Airways Corp. rallied 2.0% in premarket trading Monday, after analyst Jamie Baker at J.P. Morgan turned bullish on the air carrier, citing a more upbeat earnings outlook despite a downbeat Street view. Baker raised his rating to overweight from neutral, and lifted his stock price target to $24 from $23. He expects 2020 earnings per share of $2.67, within JetBlue's guidance range of $2.50 to $3.00 while the FactSet EPS consensus is below the range at $2.40, citing the upbeat metrics of 2.3% growth in total revenue per available seat mile and the 0.7% decline in costs per available seat mile, excluding fuel. "Of the aforementioned drivers, we have the most confidence in the ex-fuel CASM outcome, which is a sharp reversal from how we've viewed the company over the years," Baker wrote in a note to clients. "And [JetBlue] is far from an analyst favorite, as evidenced by the highest [percent] of 'sells' in our universe (and the second-fewest 'buys' after [Spirit Airlines Inc.])." Separately, Baker downgraded Alaska Air Group Inc. to neutral from overweight, citing valuation concerns. Alaska Air's stock slumped 2.5% ahead of the open. JetBlue shares have rallied 16.8% year to date through Friday and Alaska Air's stock has climbed 17.6%, while the NYSE Arca Airline Index has hiked up 18.0% and the S&P 500 has gained 20.6%.
U.S. airlines continue to brief analysts on growth plans – and that could bode well for Raleigh-Durham International Airport, which has broken its own records in 2019.
The SeaTac-based airline, the West Coast's the largest carrier, has positioned itself for talks with aircraft manufacturers almost perfectly, giving it multiple options as it shops.
American Airlines Group and Spirit Airlines executives said on Thursday they were working with Airbus SE to mitigate the impact of U.S. tariffs on European-made aircraft, including having more planes delivered from Mobile, Alabama. Airbus' U.S. plant is not subject to a 10% tariff recently announced by Washington following a long-running trade dispute. "We'll do everything we can to talk to Airbus to try to get them out of Mobile (...) instead of Hamburg," American Chief Financial Officer Derek Kerr said on a conference call.