Mon, May 11, 8:19 AM
- American Airlines Group (NASDAQ:AAL) reports total revenue passenger miles fell 0.3% to 18.1B in April.
- Total capacity rose 1.3% to 22.1B during the month.
- The carrier's total load factor was down 130 bps to 81.6% due largely to a 340 bps drop in the international load factor.
- American expects Q2 passenger revenue per available seat mile to decline 4% to 6% .
- Q2 pretax margin is forecast to fall in a range of 17% to 19%.
- AAL -0.39% premarket to $48.85.
Mon, May 11, 7:00 AM
Wed, May 6, 7:21 AM
- IATA reports global airline passenger traffic increased 7.4% in March.
- The pace is an acceleration from February's traffic growth of 6.4%.
- The increase in traffic came against a 5.6% gain in capacity.
- International flights were up 7.0% on a revenue passenger kilometer basis, while domestic routes increased 8.0%.
- March international passenger demand by carrier region: Europe +5.4%, Asia-Pacific +11.1%, North America +2.7%, Middle East +9.8%, Latin America +4.3%, Africa -1.1%.
- Load factor across the airline industry rose 130 bps Y/Y to 80.0%.
- Global airline stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCPK:DLAKF, OTCPK:QUBSF, ALK, HA, OTCPK:AIRYY, OTCPK:MLYAF, OTCPK:AFLYY, VLRS, LUV, AVH, OTCPK:JAPSY, OTC:AFRAF, OTC:EJTTF, OTC:WJAFF, OTC:WJAVF, OTCQX:ESYJY, OTCPK:ICAGY.
- Related ETFs: JETS
Mon, Apr. 27, 11:08 AM
- Etihad, Emirates, and Qatar Airways are seen as bigger threats to U.S. carriers with international routes after increasing capacity rapidly over the last few years.
- The aggressive growth of the Middle East airlines has prompted American Air Lines Group (AAL -0.8%), Delta Air Lines (DAL), and United Continental (UAL -1%) to make allegations of unfair competition due to the large subsidies the group takes in.
- Middle East carriers have increased their presence with some of the highest-profit routes in the world.
- Chinese airlines (ZNH, CEA, OTCPK:AIRYY) are also catching up to U.S. airlines, due largely to growth in the domestic market. OAG estimates China will pass the U.S. in seat capacity by 2033.
Sat, Apr. 25, 5:53 PM
- Airline stocks continue to outperform in 2015 as Q1 reports show strong efficiency gains and significant fuel expense savings.
- Investors get a crack at a sector ETF this week with the launch of the U.S Global Jets ETF (Pending:JETS) on April 30.
- A few tidbits from the fund company on the airline industry are listed below.
- Global ancillary revenue is a major source of growth in the the sector. The add-on sales (a la carte food/drink, advertising, frequent flyer programs, service commissions, baggage fees) are up to $31.5B after airlines only took in about $2.5B in 2007.
- Fleet upgrades and technology initiatives continue to boost efficiency.
- A shortage of pilots could reel in some of the concerns on capacity increases.
- Previously: Fuel savings and earnings give lift to airline stocks (April 24)
- Airline stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCPK:DLAKF, OTCPK:QUBSF, ALK, HA, OTCPK:AIRYY, OTCPK:MLYAF, OTCPK:AFLYY, VLRS, LUV, OTC:RYAOF, RJET, VA, LFL, SAVE, ALGT, CEA, OTC:EJTTF, OTCQX:ESYJY, AVH, OTC:AFRAF, OTCPK:ICAGY, AVH, OTCPK:JAPSY.
Fri, Apr. 24, 11:10 AM
- The airline stocks sector is active today as oil prices retreat and the first batch of Q1 earnings reports come in promising.
- Fuel costs at American Airlines (AAL +2.7%) fell 42% during Q1, while the expense was down 34% at Hawaiian Holdings (HA +11.4%).
- Efficiency metrics in the sector have also impressed for the most part if F/X swings are backed out.
- United Continental (UAL +3.1%), Alaska Air Group (ALK +2.8%), Delta Air Lines (DAL +1.9%), and Virgin America (VA +2.2%) are all showing strength.
Fri, Apr. 24, 7:27 AM
- American Airlines (NASDAQ:AAL) reports profit rose to a record $1.2B in Q1 despite some F/X challenges.
- Total operating expenses fell 7.1% Y/Y to $8.6B off a powerful 42.2% drop in fuel costs.
- Domestic passenger revenue per available seat mile fell 1% to $0.1310 during the quarter on a load factor of 82.9%.
- Total international passenger revenue per available seat mile decreased 4.1% to $0.1147 off a load factor of 75.6%.
- AAL +1.26% premarket.
Fri, Apr. 24, 7:05 AM
Thu, Apr. 23, 5:30 PM
Thu, Apr. 23, 9:54 AM
Mon, Apr. 20, 6:57 AM
- American Airlines (NASDAQ:AAL) launches a new "Go See the USA" promotion.
- Customers booking a trip before April 30 to travel before December 20 will receive $100 off when using a special promotions code.
- Airline fares in the U.S. fell 1.7% M/M in March and are close to 5% lower than they were a year ago.
Sat, Apr. 18, 10:04 AM
- American Airlines Group (NASDAQ:AAL) won approval from the DOT to take over a Los Angeles-Mexico route from Alaska Airlines (NYSE:ALK).
- The company faced a challenge from Delta Airlines over the valuable route.
- An important note from the DOT is that the agency says it expects "substantial changes" in the market over the next year after advanced trade talks between the U.S. and Mexico.
- United Continental (NYSE:UAL), Volaris (NYSE:VLRS), and Aeromexico (OTC:GRPAF) are also active in the L.A. to Mexico market.
Fri, Apr. 17, 8:40 AM
- Airline fares fell 1.7% M/M in March on a seasonally adjusted basis, according to the Bureau of Labor Statistics.
- The average fare was down 5% from last year on an adjusted basis.
- The decrease in fares is due in part to the lag factor of dropping oil prices from the fall and competitive activity in some key markets.
- Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW.
- BLS CPI data
Wed, Apr. 15, 10:20 AM
- Airlines with a high mix of domestic flights look attractive to Deutsche Bank.
- The investment firm leans on the logic of avoiding some of the F/X traps of international routes with the U.S. dollar a bullying force.
- DB lines up Allegiant Travel (ALGT +0.4%), JetBlue (JBLU +1%), Southwest Airlines (LUV +0.5%), and Spirit Airlines (SAVE +0.7%) as top sector picks.
- An important development in the airline industry occurred earlier today when Delta Air Lines tipped it would cut back international capacity next winter. American Airlines (AAL +2.5%) and United Continental (UAL +1.6%) are on watch to see if they match the more conservative strategy.
- Previously: Delta Air Lines +1.9% as results impress, capacity control tipped
Fri, Apr. 10, 12:23 PM
- American Airlines Group (AAL +1.3%) expects passenger revenue per available seat mile to decline 1% to 3% for Q1.
- A swing higher in the U.S. dollar impacted results negatively.
- Q1 pretax margin is expected to be 12% to 13% vs. prior guidance of a range of 12% to 14%.
- Previously: Pacific results impressive for American Airlines in March
Fri, Apr. 10, 8:41 AM
- American Airlines Group (NASDAQ:AAL) reports revenue passenger miles fell 0.6% to 18.4B in March.
- Capacity was down 0.9% to 22.4B available seat miles.
- Available seat miles for routes across the Pacific were up 36% to 992M and revenue miles rose 42%. A strong U.S. dollar cuts into returns for the added routes to Asia.
- The carrier's load factor improved 30 bps to 82.1%.
- YTD load factor -40 bps to 79.9%.
- AAL +0.8% premarket to $48.20.
AAL vs. ETF Alternatives
American Airlines Group Inc, through its subsidiaries, operates in the airline industry. The Company has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C.
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