Wed, May 27, 12:06 PM
- Airline stocks trade higher to help take some of the sting off recent declines generated in the sector.
- Some analysts see the strong free cash flow trends in the industry offsetting concerns over pricing and capacity.
- Hawaiian Holdings (HA +6.7%), United Continental (UAL +3.2%), Spirit Airline (SAVE +2.1%) and JetBlue (JBLU +2.6%) are making the sharpest moves on the day.
- Previously: Airline sector in midst of worst streak in seven months (May 26)
- Related ETFs; JETS.
Wed, May 20, 10:42 AM
- Airline stocks are making a strong move lower after oil prices react to supply data out of the U.S. and Japan along with renewed tension in Yemen.
- Some sector analysts have noted the swings in airline share prices (up/down) are outsized compared to the impact on jet fuel prices of daily developments in the crude oil market.
- Platts has a breakdown of how supply and demand forces in the jet fuel market bring other factors into play.
- Leading airline decliners: Southwest Airlines (LUV -6.8%), American Airlines Group (AAL -6.1%), JetBlue (JBLU -6.3%), United Continental (UAL -6%), Spirit Airline (SAVE -5.3%), Delta Air Lines (DAL -4.9%), Alaska Air Group (ALK -3.9%), Hawaiian Holdings (HA -4.6%), Republic Airways (RJET -3.5%), Allegiant Travel (ALGT -3.8%).
- Related ETFs: JETS.
Fri, Apr. 24, 11:10 AM
- The airline stocks sector is active today as oil prices retreat and the first batch of Q1 earnings reports come in promising.
- Fuel costs at American Airlines (AAL +2.7%) fell 42% during Q1, while the expense was down 34% at Hawaiian Holdings (HA +11.4%).
- Efficiency metrics in the sector have also impressed for the most part if F/X swings are backed out.
- United Continental (UAL +3.1%), Alaska Air Group (ALK +2.8%), Delta Air Lines (DAL +1.9%), and Virgin America (VA +2.2%) are all showing strength.
Thu, Apr. 23, 7:43 AM
- United Continental (NYSE:UAL) reports passenger revenue per available seat mile rose 0.4% in Q1 as booked revenue outpaced capacity increases.
- The company saw its strongest revenue growth in Latin America with a 9.4% rise to $747M.
- U.S. revenue +1.2% to $2.951B.
- Operating expenses -13.2% to $1.19B with the aircraft fuel expense category down 36% Y/Y during the quarter.
- Previously: United Continental beats by $0.08, misses on revenue
- UAL +0.85% premarket.
Thu, Apr. 23, 7:34 AM| Comment!
Fri, Apr. 10, 9:51 AM| 2 Comments
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
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.
Fri, Mar. 13, 9:45 AM
- China Eastern Airlines (CEA) and China Southern Airlines (ZNH +5.4%) are off to a flying start with oil prices lower and stocks in China broadly higher.
- The story is mixed for Latin America airline stocks with both Gol Linhas (GOL -1.5%) and LATAM Airlines Group (LFL -0.8%) lower, while Copa Holdings (CPA +1.2%) is up in-line with global airline index averages.
- In the U.S. airline sector, the move in oil has Republic Airways (RJET +2.6%), Delta Air Lines (DAL +2.1%), United Continental (UAL +1.5%), Virgin America (VA +0.9%), and Spirit Airlines (SAVE +1.1%) making moves.
Wed, Mar. 11, 2:12 PM
- Airline stocks are taking back some ground with oil prices peeling off 1.3%.
- The sector also got a lift when Southwest Airlines topped analyst estimates for revenue passenger miles for February.
- Gainers: United Continental (NYSE:UAL) +2.4%, Southwest Airlines (NYSE:LUV) +1.9%, Virgin America (NASDAQ:VA) +1.6%, Spirit Airlines (NASDAQ:SAVE) +1.5%, American Airlines Group (NASDAQ:AAL) +1.5%, Delta Air Lines (NYSE:DAL) +1.2%.
- Related: Spring preview on U.S. airlines
- Previously: Load factor on the rise at Southwest Airlines
Mon, Mar. 9, 9:02 AM| 3 Comments
Fri, Feb. 27, 3:50 PM
- United Continental (NYSE:UAL) is the preferred airline stock of UBS.
- The investment firm thinks United can narrow the margin gap with peers and faces less risk on the labor front.
- Shares of UAL are off 2.3% on the day with crude oil prices up by roughly the same percentage.
- 16 out of 20 Wall Street calls on UAL are bullish (Buy/Overweight).
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, 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%.
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%.
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