Mon, Jul. 25, 2:39 AM
- A cascade of terrorist attacks in Europe is driving away tourists at the height of the summer rush, casting a pall over hotel chains, airline companies and luxury retailers that are already grappling with Britain's vote to leave the EU.
- Germany was the latest country to get hit by a series of violent incidents over the weekend, including a suicide bombing and stabbing by two Syrian refugees and a German-Iranian teenager that shot and killed nine people at a mall in Munich.
- Related stocks: IHG, AAL, OTCQX:DLAKF, OTCQX:DLAKY, OTCPK:AFLYY, OTC:AFRAF, OTCPK:ICAGY, OTCQX:ESYJY, OTC:EJTTF, RYAAY, OTC:RYAOF, OTCPK:TCKGY, OTC:TCKGF, OTCPK:HESAY, OTCPK:HESAF, OTCPK:LVMUY, OTCPK:LVMHF, OTCPK:PPRUY, OTC:PPRUF
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%.
Tue, Jul. 5, 7:00 AM
- Ryanair Holdings (RYAAY, OTC:RYAOF) reports traffic rose 11% to 10.6M customers in June.
- The carrier's load factor increased one percentage points to 94%.
- Rolling annual traffic to May was up 16% to 109.6M customers
- "These record monthly numbers and load factors were delivered, at lower fares, despite the repeated disruptions caused by unacceptable French ATC strikes," reads the statement from the company.
Mon, Jun. 27, 9:13 AM
Fri, Jun. 24, 3:02 PM
- In the rush to safety and away from cyclical stocks like airlines, Ryanar (RYAAY -5.1%), and the U.S. legacy carriers - American Airlines (AAL -10%), Delta (DAL -7.4%), and United (UAL -8.3%) - are most exposed to the Brexit, says Raymond James' Savanthi Syth.
- The Latin American airlines are also negatively exposed to the stronger U.S. dollar - Copa (CPA -4%), Gol (GOL +6%), and Latam (LFL -6.1%).
- For now, Allegiant (ALGT -1.5%), Spirit (SAVE -3.9%), and SkyWest (SKYW -5.1%) are best to hide out in, along with Alaska Air (ALK -4.3%) and Virgin America (VA -0.4%) to some extent.
Fri, Jun. 24, 9:11 AM
- Gainers: AAU +20%. VGZ +18%. MUX +13%. AKG +12%. GPL +13%. GORO +12%. GFI +12%. EMES +12%. GOLD +12%. AU +12%. SBGL +11%. EXK +11%. KGC +10%. HMY +11%. SAND +10%. ABX +10%. EGO +9%. SA +7%. IAG +9%. AUY +9%. CDE 9%. NGD 9%. AEM 8%. NEM 8%. GG 8%. NG 8%. FSM 7%.
- Losers: LYG -27%. BCS -26%. SAN -24%. RBS -23%. AV -23%. BBVA -22%. DB -18%. ING -18%. BT -18%. VNR -11%. TEF -17%. CS -16%. PUK -15%. MT -15%. AEG -14%. RYAAY -13%. UBS -12%. FCAU -12%. GNCA -12%. NOK -12%. BBL -11%. IPI -11%. TOT -11%. ANFI -11%. MNKD -10%. BCEI -8%. VMEM -10%.
Wed, Jun. 1, 7:37 AM| Wed, Jun. 1, 7:37 AM | 4 Comments
Wed, Jun. 1, 3:41 AM
- It may turn out to be an even worse upcoming tourist season for Europe.
- The U.S. State Department is warning Americans of possible terrorist attack threats across the continent this summer, saying targets could include "tourist sites, restaurants, commercial centers and transportation."
- It also pointed to two events in particular - the Catholic Church's World Youth Day in Poland and France's European Soccer Championship.
- Related tickers: AAL, UAL, DAL, RYAAY, OTCQX:DLAKF, OTCQX:DLAKY, OTCPK:AIRYY, OTCPK:MLYAF, OTCPK:AFLYY, OTC:RYAOF, VA, OTC:EJTTF, OTCQX:ESYJY, OTC:AFRAF, OTCPK:ICAGY
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.
Mon, May 23, 8:17 AM
- Shares of Ryanair Holdings (NASDAQ:RYAAY) are higher after the company crossed over the €1B profit level for the first time ever.
- Revenue for the year ending on March 31 was up 16% to €5.654B ($6.34B) and profit improved 43% to €1.242B ($1.392B). Traffic rose 18% to 106.4M passengers during the year.
- Looking ahead, Ryanair warns that concerns on terrorism could pressure fares.
- Full year Ryanair results (.pdf)
- RYAAY +1.93% premarket to $80.89.
Wed, May 11, 2:12 PM
- The airline industry is focused on Phoenix today where the Phoenix Sky Harbor International Aviation Symposium is underway with an all-star roster of executives speaking.
- Aer Lingus (OTC:AIRXY) said it's using Dublin as a gateway to connect the U.S. and Europe.
- Ryanair's (NASDAQ:RYAAY) aggressive pricing is identified as a major factor in Europe that's unlikely to reverse anytime soon.
- A major theme has been industry consolidation with several execs pointing to more M&A opportunities in Europe and Asia. Foreign ownership of U.S. airlines is seen as opening up in the future, with today's joint ventures called a "precursor" to that evolution.
- Airline buzz H/T The Cranky Flier and the Associated Press.
- Related tickers: RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCQX:DLAKF, OTCPK:QUBSF, OTCPK:AIRYY, OTCPK:MLYAF, OTCPK:AFLYY, VLRS, AVH, OTCPK:JAPSY, OTC:AFRAF, OTC:EJTTF, OTC:WJAFF, OTC:WJAVF, OTCQX:ESYJY, OTCPK:ICAGY, VLRS, OTCPK:GRPAF, DAL, UAL, AAL, LUV, ALK.
Wed, May 4, 7:50 AM| Wed, May 4, 7:50 AM | 1 Comment
Mon, Apr. 4, 8:16 AM
- Ryanair (NASDAQ:RYAAY) announces traffic shot up 28% to 8.5M customers in March, despite the cancellation of 500 flights due to the French ATC strikes.
- The company's load factor improved 400 bps Y/Y to 94%.
- Rolling annual traffic to March was up 18% to 106.4M customers as the trend of strong forward bookings continues.
- Now rea:Ryanair: Poised To Capture Market Share
Thu, Mar. 3, 7:51 AM
Fri, Jan. 29, 7:31 AM
- IATA Chief Economist Brian Pearce expects the global airline industry to see the benefit of low oil prices this year and next.
- In another positive signal, Pearce noted that the economic turmoil in China hasn't crimped demand for flights in the region.
- The current forecast from IATA is for $36.3B industry profit in 2016 and a 8.6% return on capital.
- Related tickers: RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCQX:DLAKF, OTCPK:QUBSF, OTCPK:AIRYY, OTCPK:MLYAF, OTCPK:AFLYY, VLRS, AVH, OTCPK:JAPSY, OTC:AFRAF, OTC:EJTTF, OTC:WJAFF, OTC:WJAVF, OTCQX:ESYJY, OTCPK:ICAGY, VLRS, OTCPK:GRPAF
Dec. 16, 2015, 8:27 AM
- The European Union has adopted new rules to make it easier to track jetliners, stepping up international efforts to prevent a repeat of several jetliner disappearances.
- Under the new regulations, airlines will be given three years to install a means of tracking aircraft when flying in normal conditions outside radar coverage, over oceans or remote land.
- They must also have a system for more frequent updates in the event of an emergency.
- Related tickers: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCQX:DLAKF, OTCQX: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, VLRS, OTCPK:GRPAF
Ryanair Holdings Plc operates an ultra-low cost, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe and Morocco. It provides low fares airline-related services, including scheduled services, and ancillary services,... More
Industry: Regional Airlines
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