Hawaiian Holdings: Don't Let This Getaway Airlines Get Away
Jack Du • 19 Comments
Jack Du • 19 Comments
Hawaiian Holdings: Bigger Gains Ahead In Paradise
Stone Fox Capital
Stone Fox Capital
Hawaiian Holdings, Buy On Recent Weakness: 40%+ Upside
Alpha Gen Capital
Alpha Gen Capital
Thu, Jul. 21, 4:20 PM
Thu, Jul. 21, 10:39 AM
- Airline stocks (JETS -2.8%) are broadly lower following Southwest Airlines' (LUV -8.8%) Q2 earnings miss and downbeat guidance for a 3%-4% decline in Q3 RASM from a 0.6% gain in Q2.
- Shares also are hurt by warnings from Deutsche Lufthansa (OTCQX:DLAKF, OTCQX:DLAKY) and EasyJet (OTC:EJTTF, OTCQX:ESYJY) that recent terror attacks and political turmoil in Europe were weighing on their businesses.
- Lufthansa says advance bookings, particularly on longer routes to Europe, "have declined significantly, in particular due to repeated terrorist attacks in Europe and to greater political and economic uncertainty."
- Easyjet also warns on terrorism, and says the U.K.’s Brexit vote would hurt per-seat revenue, and that foreign exchange and fuel cost effects would add ~£25M ($33M) to full-year expenses.
- DAL -3.1%, UAL -2.9%, AAL -2%, RYAAY -2.9%, ALK +0.8%, JBLU -2.3%, SAVE -2.6%, HA -1.3%, SKYW -0.2%.
Wed, Jul. 20, 5:35 PM
Wed, Jul. 20, 1:46 PM
- The Department of Transportation gives tentative approval to American Airlines Group (AAL +1.3%), Delta Air Lines (DAL +0.3%), Hawaiian Airlines (HA +0.5%), and United Airlines (UAL +2.3%) for daytime landing slots at Tokyo's Haneda Airport.
- The flights from the U.S. into Haneda during the day could begin as early as this fall.
- Haneda is a hub for Japan Airlines (OTCPK:JAPSY, OTC:JPNRF) and All Nippon Airways (OTCPK:ALNPY).
Mon, Jun. 27, 12:39 PM
- Hawaiian Holdings (HA +4.6%) is a rare gainer among transportation stocks today as Deutsche Bank upgrades shares to Buy from Hold with a $41 price target, saying the vote to leave the E.U. creates uncertainty in near-term demand for air travel to and from the U.K. as well as how the U.K. will feature in a revised E.U.-U.S. Open Skies accord.
- The firm notes that with the IATA warning about a "permanent downward shift" in U.K. passenger volumes of 3%-5% by 2020 following the Brexit vote, U.S. airlines with exposure to the U.K. suffered 8%-11% share declines on Friday.
- Among the Big Three U.S. airlines, Deutsche Bank sees potential downside EPS risk and thus maintains Hold ratings on American (AAL -4.8%), United (UAL -7.2%) and Delta (DAL -4.5%), given that the U.K. market for 2016 represents 6.3% of AAL’s capacity, 5.4% of UAL’s and 2.8% of DAL’s.
- The firm favors domestic names such as Southwest (LUV -3.3%), Spirit (SAVE -2.8%) and JetBlue (JBLU -1.7%), "which should gain from a favorable leisure/discretionary travel outlook."
Tue, Jun. 14, 3:26 PM
- A number of airline stocks are at or very close to 52-week lows as a combination of factors continue to drive selling pressure.
- The Orlando terror attack and anxiety over the impact of Britain leaving the European Union on business travel top the list.
- American Airlines (AAL -4.9%), JetBlue (JBLU -3.2%), and United Continental (UAL -4.8%) slumped to one-year lows.
- Spirit Airlines (SAVE -3.8%), Alaska Air Group (ALK -4.5%), Delta Air Lines DAL, Hawaiian Holdings (HA -3.3%), and Southwest Airlines (LUV -5.3%) are also down sharply.
- The U.S. Global Jets ETF (NYSEARCA:JETS) has nowhere to hide and is down 3.17%.
Mon, Jun. 13, 9:57 AM
- Airline stocks begin the week with a sharp downward movement.
- The terror attack in Orlando is the main driver of the selling pressure on the sector, although a bombing in the Shanghai airport yesterday is also impacting Chinese airlines China Eastern Air (CEA -2.1%) and China Southern Airlines (ZNH -5.3%).
- Decliners include Hawaiian Holdings (HA -3.1%), American Airlines Group (AAL -2.9%), Spirit Airlines (SAVE -3.8%), Delta Air Lines (DAL -2.7%), JetBlue (JBLU -2.1%), Southwest Airlines (LUV -2.5%), SkyWest (SKYW -1.8%), United Continental (UAL -2.6%), Alaska Air Group (ALK -2.3%), and Allegiant Travel (ALGT -1.5%).
- The U.S. Global Jets ETF (NYSEARCA:JETS) is down 2.72% on the day.
Mon, Jun. 6, 4:13 PM| Mon, Jun. 6, 4:13 PM
Tue, May 31, 2:24 AM
- Global demand for air travel may be "shifting down a gear," according to global aviation group IATA, which signaled a cautious outlook for passenger traffic after growth in April rose just 4.6% on year - the lowest pace since January 2015.
- While some of the slowdown could be attributed to the Brussels terror attacks, there are still signs that underlying traffic growth could be decelerating, Director General Tony Tyler said. "The stimulus from lower oil prices appears to be tapering off. And the global economic situation is subdued."
- Airline stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCQX:DLAKF, OTCPK:QUBSF, ALK, HA, OTCPK:AIRYY, OTCPK:MLYAF, OTCPK:AFLYY, VLRS, LUV, OTC:RYAOF, VA, LFL, SAVE, ALGT, CEA, OTC:EJTTF, OTCQX:ESYJY, AVH, OTC:AFRAF, OTCPK:ICAGY.
Wed, May 18, 1:11 PM| Wed, May 18, 1:11 PM | 1 Comment
Tue, May 17, 8:52 AM
- U.S. air fares rose 1.1% M/M in April to reverse a decline from March, according to data compiled by the Bureau of Transportation Services. A higher mix of long-haul flights may have pushed up the average fare during the month.
- The level of air fares was up 0.4% Y/Y on an unadjusted basis, despite some local fare wars and lower fuel costs for carriers.
- The higher level of fares follows a major development yesterday when Delta cut back on its capacity growth plans in the second half of 2016 in a bid to level out fares. Delta's Q1 fares were down 5% Y/Y (includes international).
- BTS data
- Related ETF: JETS.
- Related stocks: ALGT, JBLU, SAVE, VA, LUV, DAL, AAL, UAL, HA, SKYW.
Fri, Apr. 29, 5:35 PM
Fri, Apr. 22, 12:46 PM
Thu, Apr. 21, 4:04 PM
Wed, Apr. 20, 5:35 PM
Tue, Apr. 12, 12:49 PM
- Stifel Nicolaus expects more consolidation within the airline sector.
- The investment firm sees Hawaiian Holdings (HA +0.5%) as the logical target for JetBlue (JBLU +0.4%) and raises the possibility that Spirit Airlines (SAVE -0.8%) will make a run at PE-owned Frontier.
- The long-term outlook from Stifel on the sector is that it will evolve into the Big 4 (Delta, American, United, Southwest), a super regional (ALK/VA/JBLU/HA), and a super ULCC (SAVE/Frontier/Allegiant).
- Now read 4 Top Ranked Airlines Ready To Take Off
Hawaiian Holdings, Inc. operates as a holding company for Hawaiian Airlines, Inc. The company through its subsidiary Hawaiian Airlines, Inc. is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands (the Neighbor Island routes), between the Hawaiian... More
Industry: Regional Airlines
Country: United States
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