Sep. 30, 2014, 11:06 AM
- Deutsche Bank thinks airline stocks could be range bound until 2015 as the recent sell-off in the sector covers lingering concerns on capacity.
- The investment firm sees upside as the modest growth plans from major carriers and lower fuel prices are factored into earnings estimates.
- Analyst Michael Linenberg taps Southwest Airlines (LUV +0.5%) and Spirit Airlines (SAVE -0.8%) to lead the sector turnaround next year.
- Other airline stocks: DAL, AAL, JBLU, UAL, ALK, HA, RJET, ALGT, LUV.
Sep. 12, 2014, 10:34 AM
Aug. 26, 2014, 1:23 PM
- Southwest Airlines (LUV -0.8%) says it's "shocked and disappointed" by a request from the International Association of Machinists and Aerospace Workers for mediation over a new contract. Talks between the two parties have become heated.
- American Airlines Group (AAL -0.7%) pulled its listing from Orbitz in a development that could create a divide in the online travel industry. Several other carriers have hinted about a similar move.
- Delta Air Lines (DAL -1.1%) says it will add 1,800 flights attendants in order to keep up with its expanded flight schedule. A few cracks on a tightened capacity stance in the sector have started to emerge on top of Delta's aggressive plans.
Aug. 18, 2014, 10:16 AM
- Airline stocks start the week with an upward swing after crude-oil futures drop. Several analysts are out with a forecast for the lower oil prices sustaining for the short-term.
- Advancers: Delta Air Lines (NYSE:DAL) +2.6%, American Airlines Group (NASDAQ:AAL) +3.3%, United Continental (NYSE:UAL) +3.5%, Southwest Airlines (NYSE:LUV) +2.3%, JetBlue (NASDAQ:JBLU) +2.0%.
Aug. 12, 2014, 2:31 PM
- Southwest Airlines (LUV -0.1%) has delivered strong growth rates this year with an increase in capacity and average trip length, although not all investors may be pleased, notes Morgan Stanley.
- In an interesting breakdown, the investment firm tabulates that the top 5 Southwest Airlines shareholders also hold a cumulative position of $14.4B in American Airlines (AAL -1.4%), Delta Air Lines (DAL -0.8%), and United Continental (UAL -1%) - airliners which might not benefit from Southwest's willingness to brush aside a tight capacity stance.
- Those shareholders might end up better off if Southwest stuck to GDP-linked capacity growth rates, reasons UBS.
Aug. 11, 2014, 12:48 PM
Aug. 7, 2014, 8:59 AM| Comment!
Aug. 6, 2014, 7:55 AM
- IATA reports total passenger traffic rose 4.7% Y/Y in June. The pace is a deceleration from the 6.2% growth recorded in May.
- International traffic was up 5.5%, while domestic traffic improved 3.4%.
- North American airlines saw a 3.1% gain in traffic, although the load factor fell 2.2 percentage points with capacity up 5.9%.
- Related stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCPK:DLAKF, OTCPK:AIDIF, OTCPK:QUBSF, JBLU,ALK, HA, OTCPK:AIRYY, OTCPK:MLYAF, OTCQX:AFLYY, VLRS, LUV, RJET, SAVE, ALGT.
Aug. 1, 2014, 2:04 AM
- Southwest Airlines (NYSE:LUV) and SeaWorld (NYSE:SEAS) are terminating their 26-year-old marketing relationship which will end at the close of this year.
- The announcement comes after Southwest felt continuing pressure from animal-rights activists to end its relationship with SeaWorld due to animal cruelty.
- However, the airline says it was strictly a business decision. "Southwest and SeaWorld mutually determined that we wanted to redirect resources in other directions," says Southwest spokeswoman Marilee McInnis.
Jul. 30, 2014, 2:31 PM
Jul. 24, 2014, 8:57 AM
- Net income, excluding special items, of $485M or $0.70 per share vs. $274M and $0.38 a year ago. Operating income of, ex-special items, of $819M and operating margin of 16.3%.
- Operating revenue of $5B up 7.9% Y/Y, with an 8.5% increase in passenger revenues.
- "Thus far, July passenger revenue trends and bookings are strong," says the company, expecting July 2014 passenger unit revenues to increase around 3% from a year ago.
- $240M, or 7.6M shares of stock repurchased during quarter.
- Conference call at 12:30 ET
- Previously: Southwest Airlines beats by $0.09, beats on revenue
- LUV +2.2% premarket
Jul. 24, 2014, 8:32 AM| Comment!
Jul. 15, 2014, 2:47 PM
- Cowen sees banner earnings reports for select airliners when key companies start releasing Q2 numbers next week.
- American Airlines (AAL +1.5%), Southwest Airlines (LUV +1.3%), and Alaska Air (ALK +0.2%) are all tapped by the investment firm to beat estimates.
- The trio has a focus in the U.S. where the industry saw passenger revenue per available seat mile improve nicely during the quarter.
Jul. 9, 2014, 9:14 AM
- Deutsche Bank calls the airline stocks oversold after concerns on capacity and pricing took a toll on the sector.
- The investment firm makes the key point that domestic carriers (ALGT, JBLU, RJET, SAVE, LUV) have been dragged down on global trends which don't impact them directly.
- The long-term outlook by DB on big names such as American Airlines Group (AAL), United Continental (UAL), and Delta Air Lines (DAL) is also favorable with benefits from consolidation still due to roll in.
Jul. 3, 2014, 7:25 AM
- IATA reports passenger traffic grew by 6.2% in May, marking a deceleration from the 7.6% growth seen in April.
- International demand was up 7.0%, while domestic demand rose 4.6%.
- Growth by region: Asia Pacific +7.3%, Europe +6.1%, North America +4.4%, Middle East +13.2%, Latin America +9.1%, Africa +1.9%.
- Related stocks: AAL, UAL, DAL, RYAAY, CPCAY, SINGY, CEA, ZNH, CPA, GOL, LFL, DLAKF, AIDIF, QUBSF, JBLU,ALK, HA, AIRYY, MLYAF, AFLYY, VLRS, LUV.
Jul. 1, 2014, 10:13 AM
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