|Bid||93.17 x 1100|
|Ask||93.20 x 800|
|Day's Range||91.82 - 93.38|
|52 Week Range||58.93 - 93.60|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||11.75|
|Earnings Date||Jan 21, 2019 - Jan 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||102.56|
Chris Verrone, Strategas Research Partners, on sell-off survivors. With CNBC's Josh Lipton and Melissa Lee, and the Fast Money traders, Tim Seymour, Pete Najarian, Dan Nathan and Guy Adami.
The report included six recommendations for the U.S. Department of Transportation to improve the government's oversight of airlines and passenger education efforts.
For the last few weeks, the Boeing Company (BA) has been in the news for all the wrong reasons. However, investors breathed a sigh of relief yesterday after the airplane manufacturer announced that it had received its biggest-ever plane order from a South Korean airline.
In a note to clients on Monday, Credit Suisse analyst Jose Caiado initiated coverage on the sector with an "overweight" rating. While bears have warned on the possibility of higher capacity driving down seat prices, as well as increased oil prices eating into profits, according to Caiado these concerns are overblown. While recent earnings reports demonstrate the resilience of the airline industry, investors have failed to applaud the sector in recent quarters, with many major players underperforming the S&P 500 YTD at large.
The top lines of U.S. carriers are likely to be boosted by increased passenger revenues in the Thanksgiving holiday period.
American Airlines (AAL) is the largest airline company in the United States in terms of fleet size. The year so far has not gone well for the entire airline (IYT) industry, with almost every air carrier having registered a decline in its share price, except a few—such as United Continental (UAL). However, American Airlines stock has been the worst performer among its top peers YTD (year-to-date). American Airlines has fallen 29.4% YTD, followed by Southwest Airlines’ 19.7% fall.
Inc. has won a victory in a yearslong battle with the Port Authority of New York and New Jersey over what the airline said were exorbitant fees at Newark Liberty International Airport. The top aviation regulator this week said the Port Authority wasn’t transparent in setting flight fees and had poor record-keeping and accounting practices. The Federal Aviation Administration also said in its ruling Monday that the authority, a bistate agency controlled by the governors of New York and New Jersey, had improperly used airport revenue to cover the costs of other projects, such as roads and bridges.
With a limited number of routes available to China, all three airlines want to maintain as many routes as possible.
CHICAGO , Nov. 20, 2018 /PRNewswire/ -- United Airlines (UAL) will present at the Credit Suisse 6th Annual Industrials Conference on Wednesday, November 28 . Andrew Nocella , executive vice president and ...
Hundreds of thousands of Thanksgiving travelers transiting through Chicago's two airports will note changes at both facilities.
American Airlines Up 21% since Q3: Can It Keep the Momentum? American Airlines (AAL) has a consensus rating of ~1.76 from analysts polled by Thomson Reuters (TRI). There’s been an upward shift in analysts’ recommendations for American Airlines since its third-quarter results and its encouraging guidance for the fourth quarter.
Analysts expect American Airlines’ (AAL) fourth-quarter top line to continue benefiting from strong travel demand. The company’s EPS are expected to benefit from higher revenue, a lower tax rate, and a reduced share count. However, increased fuel costs are likely to partially offset the company’s bottom line growth.
In the first nine months of 2018, American Airlines’ (AAL) traffic (revenue passenger miles) grew 2.7% YoY (year-over-year)—higher than its capacity growth of 2.2% during the same period. The company’s traffic growth has exceeded its capacity growth rate in two of the last three quarters.
The Chicago-based airlines had good reason to take action on multiple fronts when devastating fires broke out in the Golden State.
United is clearly embarking on a new strategy of pop-up flight expansions to target specific events, in this instance the annual ritual known as spring break.
There’s no “political peril” for lawmakers who would raise the gasoline tax if they show voters it will improve roads and bridges, incoming House Transportation and Infrastructure Committee Chairman Peter DeFazio said in an interview with MarketWatch.
American Airlines Up 21% since Q3: Can It Keep the Momentum? American Airlines (AAL) is adding capacity to capitalize on the growing opportunities in the improving global economy, mainly the United States and Europe. In the United States, an improving GDP growth rate, a healthy job market, and a steady increase in wages are driving travel demand.
CHICAGO, Nov. 19, 2018 /PRNewswire/ -- Just in time for Thanksgiving, United Airlines is giving families across the country a topic of conversation everyone can agree on at the dinner table – spring break vacation planning. The airline is adding nearly 150 additional flights between its hubs and popular spring break destinations including Arizona, Florida, Hawaii, Mexico, the Caribbean and select ski destinations. "We want our customers to know that, no matter where they want to go for spring break, United Airlines can get them there," said Ankit Gupta, United's vice president of Domestic Network Planning.
Oil prices rose continuously from the beginning of 2018 through early October. Because oil expenses make up a significant cost component of airlines, increasing oil prices hurt airlines’ profitabilities as well as their share prices.
American Airlines (AAL) stock, the most battered stock in the airline industry this year so far, has suddenly been gaining solid momentum lately. This could be due to the company’s impressive third-quarter results, which it reported on October 25, wherein its revenue and earnings matched Wall Street’s estimates. Apart from this, a slight improvement in its key metrics and the company’s optimistic outlook for the fourth quarter and 2018 drove the stock higher.
Delta Air Lines (DAL) is the largest airline company in the United States in terms of market capitalization, at $38.5 billion. The low fuel price environment, coupled with disciplined capacity enhancement and cost management, has helped Delta Air Lines grow its profitability over the last few years.
A United Airlines memo to flight attendants said of the meetings: “These never-been-done-before engagements will pull back the curtain on our strategy, and your role in bringing it to life through the truly exceptional experiences that will keep our customers coming back and recommending us to others."
Airlines cancelled over 1,900 flights around the country after winter storm Avery hit the Northeast stronger than expected with up to a foot of snow on Thursday. Airlines including Delta, United, Southwest and Spirit waived change fees for passengers traveling through some East Coast airports.