Regional Airlines
(JBLU) JetBlue Airways Tops Earnings Forecast on Fare Hikes
One of the leading low-cost airlines JetBlue Airways Corporation (JBLU) reported first quarter 2012 adjusted earnings per share of 9 cents. The quarter’s earnings outpaced the Zacks Consensus Estimate by...
(LUV) Southwest Airlines Analyst Rating Slips to Underperform
We are downgrading our long-term recommendation on Southwest Airlines Co. (LUV) to Underperform owing to feeble macro data points in the entire airline industry and the company’s weak outlook for the first...
(LUV) Southwest Airlines – Bear of the Day
We are downgrading our recommendation on Southwest Airlines (LUV) to Underperform as the company is not expected to report profits in the first quarter this year. The company reported lower year-over-year...
(JBLU) JetBlue Airways Earnings Beat on Higher Passengers
The discounted U.S. airline JetBlue Airways Corporation (JBLU) delivered fourth quarter adjusted earnings per share of 8 cents, beating the Zacks Consensus Estimate as well as the year-ago earnings of 3 cents...
(JBLU) JetBlue Airways Traffic Surges in December
JetBlue Airways Corporation (JBLU) reported an encouraging 14.3% year-over-year increase in traffic for the month of December. Airline traffic is measured in revenue passenger miles, which implies one mile...
(LUV) Southwest Airlines Strikes New Labor Deal
One of the leading discounted carriers in the US, Southwest Airlines (LUV) reported that the company’s union of flight attendants has entered into a tentative Seniority Integration Agreement with the union...
(LUV) Southwest Airlines Adds More 737s to Fleet
One of the leading domestic carrier, Southwest Airlines (LUV) ordered 208 Boeing (BA) 737 MAX jetliners worth $19 billion, representing the...
(JBLU) JetBlue Wins Flight Auction (revised)
JetBlue (JBLU) has made its way through the flight auction at New York’s LaGuardia and Washington’s Reagan airports, edging out one of the largest discounted airlines –– Southwest...
(JBLU) JetBlue Wins Flight Slot Auction at New York’s LaGuardia and Washington’s Reagan Airports
JetBlue (JBLU) has made its way through the flight auction at New York’s LaGuardia and Washington’s Reagan airports, edging out one of the largest discounted airlines –– Southwest...
(JBLU) JetBlue Airways Posts In Line Earnings Report
Discount U.S. airline JetBlue Airways Corporation (JBLU) third quarter adjusted earnings per share of 12 cents matched the Zacks Consensus Estimate but was below the year-ago earnings of 18 cents.
Total...
(LUV) Southwest Airlines Fuel Contracts Dampen Third Quarter Earnings
Before the opening bell, the low-cost carrier Southwest Airlines Co. (LUV) declared its third quarter 2011 adjusted earnings of 15 cents per share. The quarter’s results beat the Zacks Consensus Estimate...
(LUV) Southwest Airlines Capacity Growth On Hold
The largest U.S. low-cost carrier Southwest Airlines (LUV) plans to keep next year’s capacity relatively flat with the 2011 level. The company might not increase flights even in 2013.
The decision...
(LUV) Southwest Airlines Hopeful on Holiday Travel
Southwest Airlines (LUV) is mulling over raising airfares for fall-winter season travel. After the losses post Hurricane Irene,the airline industry is looking at potential benefits fromhigher travel demand...
(JBLU) JetBlue Airways August Traffic Rises
The discounted U.S. airline JetBlue Airways Corporation (JBLU) reported a 5.8% year-over-year increase in August 2011 traffic. Airline traffic is measured in billions of revenue passenger miles, which implies...
(LUV) Southwest Airlines Plans Share Buyback
One of the leading low cost carriers, Southwest Airlines Co.’s (LUV) board of directors has announced a share repurchase authorization of $500 million.
In 2008, the company repurchased 4.4 million...
(LUV) Southwest Airlines Profits on AirTran Merger
Before the opening bell, the low-cost carrier Southwest Airlines Co. (LUV) declared its second quarter 2011 adjusted earnings of 15 cents per share, which trailed the Zacks Consensus Estimate of 21 cents and...
(LUV) Southwest Airlines Second Quarter Earning Preview
The leading low cost carrier, Southwest Airlines Co. (LUV) is slated to release its second quarter earnings on August 4 before market opens. The current Zacks Consensus Estimate for the second quarter is pegged...
(JBLU) JetBlue Lags Earnings Forecast – Posts Record Revenues
The discounted U.S. airline JetBlue Airways Corporation (JBLU) has reported second quarter adjusted earnings per share (EPS) of 8 cents, missing the Zacks Consensus Estimate by a penny.
Despite solid...
(JBLU) JetBlue Airway’s June Traffic Rises
The discounted U.S. airline JetBlue Airways Corporation (JBLU) reported a 7.2% year-over-year traffic increase in June 2011. Airline traffic is measured in billions of revenue passenger miles, which implies...
(LUV) Southwest Airlines Offers Summer Sale
Southwest Airlines (LUV) announced discounts on its flight tickets for summer travel. The discounted airfares will vary from $39 to $179 each way across the U.S.
The sale ends on July 14 and is being...
(JBLU) JetBlue Airways Partners with Qatar Airways
The discounted U.S. airline JetBlue Airways Corporation (JBLU) has entered into a partnership with Qatar Airways. This is the eleventh partnership made by the company since its inception.
The alliance...
(LUV) Southwest Airlines Offers Fall/Winter Sale
Southwest Airlines (LUV), a leading domestic carrier in the U.S. announced discounts on its flight tickets for fall travel. The offer was made on the occasion of the company’s fortieth anniversary on June...
(JBLU) JetBlue Traffic Increases in May
Discount U.S. airline JetBlue Airways Corporation (JBLU) reported a 10.6% year-over-year traffic increase in May 2011. Airline traffic is measured in billions of revenue passenger miles, which implies one...
(JBLU) JetBlue Airways Reiterated at Neutral
We remain on the sidelines on the discounted U.S. airline JetBlue Airways Corporation (JBLU) following its first quarter results and rising fuel prices.
JetBlue reported first quarter adjusted earnings...
(ALK) Stock Market News for June 9, 2011 – Market News
Federal Reserve Chairman Ben Bernanke’s comments on the frustratingly slow pace of economic growth continued to dampen investor sentiment. Additionally, the Fed’s Beige Book that was released on Wednesday failed to provide any impetus to the markets as they registered...
(LUV) Southwest Airlines Shares Maintained at Neutral
We are maintaining our long-term Neutral recommendation on the largest U.S. low-cost carrier Southwest Airlines (LUV) following its first quarter 2011 results. The stock retains the Zacks # 3 Rank (Hold).
Southwest...
(LUV) Southwest Airlines Completes AirTran Holdings Merger
The largest U.S. low-cost carrier, Southwest Airlines (LUV) finally completed its $1.4 billion merger of AirTran Holdings Inc, following all regulatory clearances.
The merger represents a unique opportunity...
(LUV) Southwest Airlines Reports In Line
Before the opening bell, the low-cost carrier Southwest Airlines Co. (LUV) declared its first quarter 2011 adjusted earnings of 3 cents per share. The quarter’s results were at par with the Zacks Consensus...
(LUV) Southwest Airlines Quarterly Earnings Report Meets
Before the opening bell, the low-cost carrier Southwest Airlines Co. (LUV) declared its first quarter 2011 adjusted earnings of 3 cents per share. The quarter’s results were at par with the Zacks Consensus...
(JBLU) JetBlue Airways Earnings Report Meets Expectations – Beats Revenue
JetBlue Airways Corporation (JBLU), a top discount airline, reported first quarter earnings of a penny per share. The reported result was at par with the Zacks Consensus Estimate and a full 100% above the...