Airline stocks on the rise as Q2 bookings impress


Airline stocks are getting a lift today after a note from UBS to clients sheds some light on why revenue growth could impress.

The firm's early read on the sector's Q2 bookings shows it tracking at a solid 5.5%-6.0% Y/Y growth pace.

Advancers: Hawaiian Holdings (HA) +3.2%, Delta Air Lines (DAL) +3.3%, Alaska Air Group (ALK) +2.5%, Spirit Airlines (SAVE) +2.5%, American Airlines (AAL) +2.2%, Republic Airways (RJET) +1.6%, Allegiant Travel (ALGT) +1.5%.

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Comments (4)
  • Pony01
    , contributor
    Comments (324) | Send Message
     
    UAL...the slide begins.
    25 Mar 2014, 04:17 PM Reply Like
  • The Growth Investor
    , contributor
    Comments (316) | Send Message
     
    More bookings = demand for more planes. I just wrote on SA about Boeing: http://seekingalpha.co...
    25 Mar 2014, 07:23 PM Reply Like
  • starcorral
    , contributor
    Comments (1743) | Send Message
     
    The herd is learning to read. Soon many will discover a feeling in the seat of their pants and begin to put 2 and 2 together. The Internet and up to the minute IT on cellular devices has improved our ability to plan trips so much better. From hotels to collision/detour notifications, getting around is just easier.

     

    Delta and American have led the way in winning over a demographic that doesn't have significant discretionary income but understands and appreciates better the net monetary cost versus the value of their time. I used to not care much for flying, but it has become an enjoyable oft chosen option whenever point to point rather than "smelling the roses" is necessary.
    25 Mar 2014, 08:44 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (7208) | Send Message
     
    (HA) may see demand rise as people take vacations in Hawaii. But just speculation.
    25 Mar 2014, 09:15 PM Reply Like
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