Thu, Apr. 23, 5:30 PM
Thu, Apr. 23, 9:54 AM| 23 Comments
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.
Thu, Apr. 9, 11:55 AM
- Airlines stocks are making their typical strong move opposite the direction of oil prices.
- The wild gyrations in the sector appear to be overdone to some analysts and industry watchers as developments in the oil patch crowd out capacity, demand, and pricing trends.
- Fuel costs only accounted for 30% of the operating expenses for U.S. carriers last year, notes U.S. Global Investors CEO Frank Holmes.
- He points out that airlines have also become more rational and are increasing the mix of fuel efficient planes.
- There's also the disparity of airline stocks moving roughly in tandem despite different levels of jet fuel price exposure.
- Previously: Fueling around with airline stocks (Feb. 07 2015)
- Airline stocks on the move today: Hawaiian Holdings (NASDAQ:HA) -3.4%, Republic Airways (NASDAQ:RJET) -1.8%, Virgin America (NASDAQ:VA) -1.5%, American Airlines Group (NASDAQ:AAL) -1.5%, JetBlue (NASDAQ:JBLU) -1.5%, Spirit Airlines (NASDAQ:SAVE) -1.4%, Southwest Airlines (NYSE:LUV) -1.3%, Alaska Air Group (NYSE:ALK) -1.2%.
Wed, Apr. 8, 11:36 AM
- American Airlines Group (AAL +3%) lands approval from the FAA to legally operate US Airways under the American certificate.
- The development is an important step in fully realizing the benefits of integrating US Airways.
- It will take until the end of the year to merge the US Airways website with AA.com and more than a year to repaint all the US Airways planes.
Wed, Apr. 1, 10:55 AM
- Airline stocks are lower on the day with oil rallying again.
- American Airlines Group (AAL -4.1%), Delta Air Lines (DAL -3.8%), and United Continental (UAL -3.7%) are the leading decliners after taking on a Deutsche Bank downgrades on top of the oil development.
- Allegiant Travel (ALGT -2.1%), Spirit Airlines (SAVE -2.1%), and Alaska Airways Group (ALK -2.4%) are also peeling off share price.
- The sector could see some volatility over the next week as carriers report on their March load factors and passenger revenue metrics.
- Previously: Supply and demand questions in the U.S. airline sector
- Previously: Deutsche Bank warns on international airline sales
Wed, Apr. 1, 6:53 AM
- Deutsche BAnk downgrades three airlines on concerns international sales for the trio will disappoint.
- Delta Air Lines (NYSE:DAL) is moved to Hold from Buy and assigned a price target of $50 from $60.
- American Airlines Group (NASDAQ:AAL) is also cut to Hold and has its PT sliced to $58 from $78.
- United Airlines (NYSE:UAL) goes to Hold from Buy with a price target reduction to $70 from $85.
- The strong U.S. dollar will cut into international passenger revenue per available seat miles, warns DB.
Tue, Mar. 31, 3:25 PM
- Airline stocks are on watch this week and next with the new round of monthly traffic and sales reports due out.
- UBS and Credit Suisse both think passenger revenue per available seat mile fell during Q1.
- Fares have been strong for the early part of the year, but capacity gains in some key markets is chipping away at efficiency.
- JetBlue (NASDAQ:JBLU), Alaska Airlines (NYSE:ALK), and Southwest Airlines (NYSE:LUV) have added the most capacity on a percentage basis of the major carriers.
- American Airlines Group (NASDAQ:AAL) has held capacity level.
- Previously: U.S. airlines fares rise in February (Mar. 24 2015)
Fri, Mar. 27, 3:10 AM
- Airlines rushed to change their rules yesterday to require a second crew member in the cockpit at all times, just hours after French prosecutors suggested Germanwings co-pilot Andreas Lubitz locked the captain out of the cockpit on flight 4U9525 and crashed the plane on purpose.
- The U.S. has required two crew members to be in the cockpit at all times since the Sept. 11 attacks, but the procedure is not standard in Europe or Canada.
- 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.
Thu, Mar. 26, 8:20 AM
- Airline stocks are reacting to the jump in crude oil prices as would be expected.
- Crude oil is markedly higher off of unrest in Yemen.
- Delta Air Lines (NYSE:DAL) is down 4.1% in premarket action, while United Continental (NYSE:UAL) is off 2.9%.
- Southwest Airlines (NYSE:LUV) and JetBlue (NASDAQ:JBLU) are both down about 3%.
- No-hedging American Airlines Group (NASDAQ:AAL) continues to be a curiosity to some traders with its tendency to move in-line with peers on oil swings - despite having a different fuel pricing strategy. AAL -3.4% premarket.
- A deeper dive into jet fuel prices is available at Platts.
Thu, Mar. 26, 3:14 AM
- Marking a new milestone since their December 2013 merger, American Airlines (NASDAQ:AAL) and U.S. Airways expect to receive a single operating certificate from U.S. regulators on April 8.
- Although the carriers still have to combine their reservation systems, a single certificate will mean the FAA recognizes the airlines as one, and that the majority of their flight, maintenance and dispatch procedures will be identical.
- AAL +0.4% AH
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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