Dec. 4, 2014, 10:02 AM
- Another big day for airline stocks is setting up with oil prices losing their footing again.
- A positive note from JPMorgan on sector capacity trends is also helping to boost sentiment.
- Gainers: Delta Air Lines (NYSE:DAL) +2.8%, American Airlines Group (NASDAQ:AAL) +3.2%, Hawaiian Holdings (NASDAQ:HA) +6.5%, United Continental (NYSE:UAL) +5.4%, Alaska Air Group (NYSE:ALK) +2.9%, JetBlue (NASDAQ:JBLU) +2.9%, Southwest Airlines (NYSE:LUV) +2.2%, Spirit Airlines (NASDAQ:SAVE) +1.7%, Republix Airways (NASDAQ:RJET) +0.8%, Virgin America (NASDAQ:VA) +1.6%.
Dec. 3, 2014, 12:16 PM| 1 Comment
Dec. 1, 2014, 10:01 AM
- Airline stocks are mixed on the day as investors dig deeper into which carriers are set up to benefit the most from lower jet fuel costs.
- Hawaiian Holdings (HA +1.3%) and Republic Airways Holdings (RJET +0.9%) are leading the sector and setting new 52-week highs in the process.
- The well-timed no-hedging strategy of American Airlines Group (AAL -0.8%) has also attracted a lot of attention over the last week.
Nov. 29, 2014, 10:29 AM
- Analysts with Gasbuddy.com predict some gas stations in the U.S. will offer $2 per gallon gas by Christmas.
- The last time the average price of gas in the U.S. was below $2 was in March of 2009.
- Forecasts from economists vary widely on the overall gas benefit to consumers for Q4. The high end from the group is an outlook of $300 per household, while the low end is closer to $100.
- Most analysts see an immediate lift for retail chains with large distribution channels. Wal-Mart (NYSE:WMT), Target (NYSE:TGT), Costco (NASDAQ:COST), Dollar General (NYSE:DG), Family Dollar (NYSE:FDO), Dollar Tree (NASDAQ:DLTR), Big Lots (NYSE:BIG), and Five Below (NASDAQ:FIVE) come to mind.
- Airline stocks (JBLU, DAL, UAL, LUV, AAL, RJET, ALK, HA, ALGT, VA) have already ripped strong gains off the OPEC news, although some see even more long-term upside as forward fuel hedges get reworked.
- A sustained period of low gas prices should lift restaurant stocks (CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SBUX, SONC, WEN, BWLD, THI, BDL, NATH, LUB, BKW, CHUY, BLMN, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN) say some analysts.
- The gaming sector is (CZR, PNK, BYD, ISLE, CNTY, MCRI, MGM, NYNY) also an off-the-radar pick to bounce.
Nov. 28, 2014, 9:17 AM| 13 Comments
Nov. 28, 2014, 8:13 AM
- The OPEC decision to hold oil production levels steady has put a charge into airline stocks in early trading off the prospect for sustained lower jet fuel costs.
- Delta Air Lines (NYSE:DAL) is up 4.1% premarket and United Continental (NYSE:UAL) has already rallied 3.5%. The rest of the group is expected to fall suit.
- Airline stocks on watch: JBLU, AAL, LUV, ALGT, SAVE, HA, ALK, SKYW, VA.
Nov. 26, 2014, 10:25 AM
- As of 10 a.m. ET this morning, 367 flights into, out of or within the U.S. reportedly had been canceled ahead of a major storm expected to bring rain and snow from Washington to Boston.
- Most of the canceled flights were at NYC-area airports and involved regional carriers operating express flights for major airlines, such as JetBlue (NASDAQ:JBLU), which is based in New York, and the Delta Shuttle (NYSE:DAL) between Boston and LaGuardia airport.
- In anticipation of problems, United Continental (NYSE:UAL), American (NASDAQ:AAL) and DAL had waived their customary fees for flight changes for travel today through about two dozen northeastern airports.
Nov. 24, 2014, 10:56 AM| 10 Comments
Nov. 20, 2014, 9:12 AM
- Air fares rose 2.2% M/M in October, according to the underlying data from the Bureau of Labor Statistics. The development arrives just as jet fuel prices are moderating on forward contracts for carriers (LUV, JBLU, HA, ALK, ALGT, SAVE, AAL, DAL, UAL, RJET).
- Breakfast cereal prices rose 1.5% M/M in October. Though the gain could be due to a soft promotions-influenced comp from a year ago, sellers (GIS, K, POST) won't mind the relief.
- Another surprise might be the +4.3% average price rise in the women's dresses category. Ann (NYSE:ANN), L Brands (NYSE:LB), Cache (NASDAQ:CACH), Cato (NYSE:CATO), Chico's FAS (NYSE:CHS), and Ascena Retail (NASDAQ:ASNA) could be part of that improvement.
- BLS CPI table
Nov. 19, 2014, 5:59 PM
- The U.S. airline industry made no net improvements on fuel efficiencies last year, raising questions about its ability to reduce carbon emissions as fuel costs level off and fall, giving companies little price incentive to cut their consumption, according to a new report.
- Although small, ultra low-cost carriers made significant gains last year, their progress was offset by the larger legacy carriers which continue to burn more fuel, the report says.
- American Airlines (NASDAQ:AAL) was graded the least efficient of the nation’s 13 domestic airlines, while Alaska Air (NYSE:ALK) and Spirit Airlines (NASDAQ:SAVE) topped the list because they fly more efficient aircraft and are able to seat more passengers on planes.
- The EPA is expected to propose a finding in April on whether greenhouse gas emissions from aircraft endanger public health or the environment.
Nov. 19, 2014, 8:30 AM| 3 Comments
Nov. 19, 2014, 8:02 AM
Nov. 19, 2014, 7:58 AM| Comment!
Nov. 10, 2014, 3:51 PM
- American Airlines Group (AAL +1.7%) calls the announcement of expanded U.S.-China visa policies a substantial step forward for travel between the nations.
- The development is good timing for the carrier with it planning to increase service between the two nations.
- Previously: Chinese airlines rally after U.S and China work out new visitor rules
Nov. 10, 2014, 7:41 AM| 1 Comment
Nov. 8, 2014, 9:25 AM
- Energy companies finally are starting to halt a few new U.S. drilling projects as oil prices fall, which Barclays believes may put the U.S. oil boom at risk but "on balance, we believe lower oil prices are good.”
- If strong U.S. energy growth is interrupted, spending in the sector could be cut by $40B, but consumers could save $70B next year as the price at the pump falls for gasoline and diesel, according to Barclays head of U.S. equity strategy Jonathan Glionna.
- The most likely beneficiaries would be discretionary areas such as restaurants, entertainment, apparel, electronics and furniture, he says.
- Glionna lists 27 stocks that could benefit from lower oil prices: AAL, AGCO, AXL, BERY, BLMN, BWLD, CHH, CLX, DE, DPZ, FDX, GM, HD, KMB, KR, KSS, MHK, MMM, PENN, PPG, SAVE, SHW, TGT, UPS, VAL, WMS, WMT.
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.
Other News & PR