Wed, Mar. 11, 7:41 AM
- U.S. airlines expect passenger traffic to increase 2% during March and April.
- The group of major carriers is forecast to show a 3% rise in capacity over the period.
- The industry's net profit margin is expected to improve compared to a year ago due to lower fuel expenses.
- The average price on aviation jet fuel in North America is currently down 36.6% from a year ago, but 25.2% higher than the level from a month ago.
- Airline fares fell 3% in January and are expected to have shown a smaller decline in February. March fares are seen as holding steady due to strong business demand.
- U.S. carriers: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA.
Wed, Mar. 4, 9:11 AM
- IATA reports global airliners showed passenger growth of 4.6% in January.
- International flights were up 5.4% on a revenue passenger kilometer basis, while domestic routes increased 3.2%.
- Jan. passenger demand by carrier region: Europe +5.0%, Asia-Pacific +4.7%, North America +2.7%, Middle East +11.4%, Latin America +5.6%, Africa -0.7%.
- The timing of the Chinese New Year (February this year) was a factor, notes IATA. Overseas trips by domestic passengers rose an estimated 10% Y/Y during the Chinese New Year holiday.
- Global airline stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCPK:DLAKF, AIDIF, OTCPK:QUBSF, ALK, HA, OTCPK:AIRYY, OTCPK:MLYAF, OTCPK:AFLYY, VLRS, LUV.
Thu, Feb. 26, 9:15 AM
- Airline fares fell 3.0% Y/Y in the U.S. during January on an unadjusted basis, according to data from the Bureau of Labor Statistics.
- The average fare was down 1.4% M/M.
- The drop in fares over the last few months lags by a wide margin the fuel expense savings reported by carriers.
- Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW,
Thu, Feb. 19, 9:48 AM
- Strong gains across the airline sector after oil prices move in the right direction after inventories increase.
- What to watch: The West Coast port slowdown is now a factor in the jet fuel market (Platts breakdown).
- Gainers: Republic Airways (NASDAQ:RJET) +4.7%, Delta Air Lines (NYSE:DAL) +4.1%, JetBlue (NASDAQ:JBLU) +3.9%, Southwest Airlines (NYSE:LUV) +2.6%, United Continental (NYSE:UAL) +2.8%, American Airlines Group (NASDAQ:AAL) +2.1%, United Continental (UAL) +2.5%, Spirit Airlines (NASDAQ:SAVE) +2.6%, Virgin America (NASDAQ:VA) +2.1%, Allegiant Travel (NASDAQ:ALGT) +1.8%, Hawaiian Holdings (NASDAQ:HA) +1.2%.
Mon, Feb. 9, 6:16 PM
- Hawaiian Holdings (NASDAQ:HA) reports passenger revenue miles increased 1.1% Y/Y in January to 1.157B.
- The carrier's load factor dropped 350 bps to 78.2% during the month as capacity outran passengers booked.
- Slower demand from Asia-based tourists has been a factor for the company.
- HA +0.1% after hours.
Mon, Feb. 9, 10:37 AM
- It's an anxious time for airline stocks with a number of factors swaying sentiment to start the week.
- Oil prices continue to trek higher after OPEC issued an updated outlook on demand.
- Southwest Airlines (LUV -1.9%) showed a drop in load factor during January as its capacity outran passenger revenue miles.
- Another winter storm on the East Coast is also an operational complexity for the sector.
- Decliners: United Continental (NYSE:UAL) -4.7%, Alaska Air Group (NYSE:ALK) -4.2%, Republic Airways (NASDAQ:RJET) -4.1%, JetBlue Airways (NASDAQ:JBLU) -3.6%, American Airlines (NASDAQ:AAL) -3.4%, Delta Air Lines (NYSE:DAL) -3.2%, Hawaiian Holdings (NASDAQ:HA) -2.1%.
Sat, Feb. 7, 7:00 AM
- Airline stocks have been on a tear over the last six months with plunging oil prices helping to lower costs for carriers.
- A SA scan within the sector of share price gain in relation to Q4 fuel expense declines (Y/Y) is one way to measure which stocks in the sector are getting the biggest boost from the energy market developments (jet fuel price chart).
- Four airlines saw a share price multiplier of over 4X their fuel cost drop-off percentage: Southwest Airlines (NYSE:LUV), Allegiant Travel (NASDAQ:ALGT), JetBlue (NASDAQ:JBLU), and Hawaiian Holdings (NASDAQ:HA).
- United Continental (NYSE:UAL) and Alaska Airlines (NYSE:ALK) were in the next group with a multiple of 3.907 and 3.169, respectively.
- Delta Air Lines (NYSE:DAL) lagged with a multiple of 1.893. Don't blame the company's Trainer refinery which earned a profit of $105M in Q4. Concerns on weak demand in Asia may be the culprit.
- American Airlines Group (NASDAQ:AAL) trailed the sector with a 1.786 multiple, despite a spot-on strategy of scrapping fuel hedging just ahead of the oil market collapse, as integration complexity remains in the background.
- Virgin America, Spirit Airlines, Republic Airways Holdings, and SkyWest Airlines haven't reported Q4 earnings yet, so they weren't included in the comparison.
Wed, Feb. 4, 3:09 PM
- The sharp move lower in crude oil prices isn't going unnoticed by airline investors.
- Wild daily gyrations in airline stocks have become the norm due to the lack of consensus over the direction of jet fuel prices from current levels and the implications on travel demand from a low oil price environment.
- Airline stocks making the most dramatic moves: United Continental (UAL +5.8%), American Airlines Group (AAL +4.3%), Spirit Airlines (SAVE +4.3%), Republic Airways (RJET +4.0%).
- Also rallying: Southwest Airlines (LUV +3.6%), JetBlue (JBLU +3.9%), Allegiant Travel (ALGT +3.6%), Hawaiian Holdings (HA +3%), Delta Air Lines (DAL +2.5%), Alaska Air Group (ALK +2.4%).
- Virgin American (VA +0.4%) is snoozing the news.
Tue, Feb. 3, 2:46 PM
- Another strong jump in oil prices has tripped up airline stocks again.
- The outlier in the group is Virgin America (NASDAQ:VA) which has managed a 0.2% gain.
- The sector is coming off a Q4 where most companies realized a double-digit decline in fuel expenses with no give back on airfares.
- Decliners: Republic Airways (NASDAQ:RJET) -1.1%, Delta Air Lines (NYSE:DAL) -1.1%, Hawaiian Holdings (NASDAQ:HA) -1.0%, Southwest Airlines (NYSE:LUV) -3.1%, Alaska Air Group (NYSE:ALK) -3.0%, American Airlines Group (NASDAQ:AAL) -2.4%, Allegiant Travel (NASDAQ:ALGT) -3.2%, JetBlue (NASDAQ:JBLU) -2.1%, United Continential (NYSE:UAL) -2.3%.
Mon, Feb. 2, 3:02 PM
- Airline stocks retreat after oil prices make a strong move higher.
- Despite the ups and downs in the sector as developments with the oil market dominates headlines, more analysts are jumping aboard the long-term story on airlines on earnings growth potential and cash flow allocation plans.
- Today it was Raymond James coming in with upgrades on Delta Air Lines , Spirit Airlines (SAVE +1%), and United Continental to a Strong Buy.
- Decliners: Republic Airways (NASDAQ:RJET) -3.8%, Delta Air Lines (NYSE:DAL) -3.0%, Hawaiian Holdings (NASDAQ:HA) -2.7%, Southwest Airlines (NYSE:LUV) -2.5%, Alaska Air Group (NYSE:ALK) -1.9%, American Airlines Group (NASDAQ:AAL) -1.7%, Allegiant Travel (NASDAQ:ALGT) -1.5%, JetBlue (NASDAQ:JBLU) -1.4%, United Continential (NYSE:UAL) -1.2%.
Fri, Jan. 30, 1:23 PM
- The sharp fall in Hawaiian Holdings (HA -27.5%) after the airline company reported earnings is tied to a warning on 2015 Q1 revenue.
- The carrier is feeling a sharper sting from the strong U.S. dollar on demand in Asian markets than it anticipated.
- Previously: Hawaiian Holdings EPS in-line, beats on revenue (Jan. 29 2015)
- Previously: Fuel costs down 9.3% at Hawaiian Holdings (Jan. 29 2015)
Fri, Jan. 30, 12:45 PM
Fri, Jan. 30, 9:12 AM| 4 Comments
Thu, Jan. 29, 5:35 PM
Thu, Jan. 29, 4:11 PM
- Hawaiian Holdings (NASDAQ:HA) reports passenger revenue miles increased 3.9% to 3.508B in Q4.
- The carrier's load factor improved 140 bps to 82.2% during the quarter.
- Operating cost per available seat mile -2.0% to $0.1165.
- The company says its fuel cost fell 9.3% to average $2.84 a gallon.
- HA -0.4% after hours.
Thu, Jan. 29, 4:04 PM
HA vs. ETF Alternatives
Hawaiian Holdings Inc, through its subsidiaries, is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands, between the Hawaiian Islands and certain cities in the United States.
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