All Posts Tagged With: "AMR"
(AMR) Merger Relief for American Airlines
The rumors about American Airlines, a subsidiary of AMR Corp. (AMR), merging with another airline have been heating up since the company filed for bankruptcy protection in November last year. Finally, the market buzz appears to be coming true with the three labor unions of...
(UAL) Airline Stock Outlook – January 2012 – Industry Outlook
The airline industry was hit hard in 2011, by the unrelenting market turmoil and rising fuel costs after a strong rebound in 2010. Major carriers experienced declining year-over-year earnings and revenues. Unfortunately, we foresee a similar scenario in 2012.
Conditions...
(AMR) Company News for January 03, 2012 – Corporate Summary
• Share prices of AMR Corp, parent company of American Airlines plummeted 32.16% after reporting that its shares will be delisted from the New York Stock Exchange in the first week of January
• Share prices of MoSys Inc. (NASDAQ:
3Jan2012 | vitalstocks | 0 comments | Continued(RPM) U.S. Airline Traffic Slows in November
The airline industry needs to figure out ways to counter rising fuel expenses, which is estimated at $178 billion for this year and $198 billion for the next. Fuel will account for 30% of industry costs compared with 13% a decade ago. Despite higher ticket prices and improved...
(DAL) Delta to Buy Minority Stake in GOL Linhas Aereas Inteligentes
The second largest U.S. airline Delta Air Lines Inc. (DAL) plans to acquire a minority stake in Brazil’s second largest airline GOL Linhas Aereas Inteligentes (
9Dec2011 | vitalstocks | 0 comments | Continued(UAL) United Continental Holdings Earns FAA Certification
The largest U.S. airline United Continental Holdings Inc. (UAL), created by the merger of United Airlines and Continental Airlines last year, received a single operating certificate from Federal Aviation Administration...
(AMR) AMR and US Airways Flying Together?
Another airline consolidation is seemingly in the wind. Chances of American Airlines, a wholly owned subsidiary of AMR Corporation (AMR) merging with US Airways Group Inc. (
30Nov2011 | vitalstocks | 0 comments | Continued(UAL) Airlines Fall as Crude Prices Rise
With oil prices trading above the $100/barrel benchmark (first time since June), airline stocks are once again taking it on the chin. Amid positive news of flight additions across all major airlines, the surge in oil prices comes as a massive jolt for the U.S. carriers, resulting...
(RPM) U.S. Air Traffic Shows Mixed for October
Air traffic remained mixed in October, like the month before. Airline traffic is measured in billions of revenue passenger miles (RPM), which implies one mile flown by one passenger.
The consolidated October traffic fell 5.1% at the largest U.S. airline United...
(UAL) United Continental Holdings Profit Falls as Costs Rise
The largest U.S. airline United Continental Holdings Inc. (UAL) has reported third quarter adjusted earnings of $2.00 per share, missing the Zacks Consensus Estimate of $2.06. Rising fuel prices and merger...
(DAL) Delta Soars in Third Quarter
Delta Air Lines (DAL), the second largest U.S. airline, has reported third quarter adjusted earnings per share (EPS) of 91 cents that matched the Zacks Consensus Estimate. On a GAAP basis, earnings shot up...
(RPM) Mixed Aviation Industry Traffic in September
Despite a strong profit outlook for 2011 by The International Air Transport Association (IATA) as well as fare hikes and capacity pull backs, air carriers posted mixed traffic results in September primarily on fluctuations in economic conditions and debt concerns in Europe.
Airline...
(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11
While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500.
Thus, by the end of the week we...
(AMR) Company News for October 12, 2011 – Corporate Summary
• Gold producer Newmont Mining’s (NYSE:NEM) shares fell 1.27% to close at $64.44 after the company announced the name of Gary Goldberg as its new COO. Mr. Goldberg was earlier associated with Rio Tinto (NYSE:
12Oct2011 | vitalstocks | 0 comments | Continued(AMR) Company News for October 4, 2011 – Corporate Summary
• Shares of AMR Corp. (NYSE:AMR) parent company of American Airlines fell on an increased fear of recession in the U.S. due to which the carrier can file for bankruptcy
• Shares of Eastman Kodak (NYSE:
(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...
(DAL) Delta Air Lines and Virgin to Share Codes
The second largest U.S. airline Delta Air Lines Inc. (DAL) will start codesharing its flights with Virgin Australia on the trans-Pacific route from November.
The move is part of the joint venture between...
(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...
(DAL) Delta Air Lines to Fly Less in 2012
The second largest U.S. airline Delta Air Lines Inc. (DAL) plans to trim its capacity by 2–3% next year followed by this year’s capacity reductions. The cuts will be in markets where fare hikes are unable...
(DAL) Delta Air Lines Faces Hurricane Irene Ire
Delta Air Lines Inc. (DAL) reported a 0.3% year-over-year traffic decline in August. Airline traffic is measured in billions of revenue passenger miles, which means one mile flown by one passenger.
On...
(UAL) United Continental Holdings August Traffic Falls Overall
The consolidated August traffic dropped 2.7% at the largest U.S. airline United Continental Holdings Inc. (UAL) due to weak domestic and international travel. Airline traffic is measured in billions of revenue...
(ALL) Company News for August 30, 2011 – Corporate Summary
• Bank of America (NYSE:BAC) shares increased 8.12% to close at $8.39 after the bank disclosed it would be selling half of its holdings to China Construction Bank Corp in order to raise capital
• Share...
(UAL) Airlines Plan to Resume Operations
After tropical storm Irene hit the East coast, major airline companies were forced to cancel approximately 9500 flight, completely halting operations at the busiest airports in the U.S. including the New York Airport . However, airline companies are seeking to reschedule flights...
(DAL) Delta Air Lines Announces Order for 100 Boeing Aircraft
The second-largest U.S. airline, Delta Air Lines Inc. (DAL), is set to order 100 Boeing (BA) 737 planes in a bid to replace its older fleet...
(RPM) U.S. July Air Traffic Improves
Despite rising fuel prices, renewed uncertainties in the U.S. economy as well as debt concerns in Europe, air carriers’ traffic improved in July on high fares and capacity cuts.
Airline traffic is measured in billions of revenue passenger miles (RPM), which implies...
(DAL) Delta Air Lines and Aeromexico in Long-term Deal
The second largest U.S. airline Delta Air Lines Inc. (DAL) formed a long-term alliance with the largest Mexican airline, Grupo Aeromexico.
Under the terms of the deal, Delta will invest $65 million...
(BA) U.S. Durable Goods Report Is Dismal
New Orders for Durable Goods fell 2.1% in June. That was well below the consensus expectations of an increase of 0.5%. In addition, the May numbers were revised downwards. It was first reported as an increase of 2.1%, but now they say new orders rose 1.9%.
Durable goods...
(UAL) United Continental Holdings Beats Expectations on High Fares
The largest U.S. airline United Continental Holdings Inc. (UAL) has reported second quarter adjusted earnings of $1.49 per share, outpacing the Zacks Consensus Estimate by 7 cents. Despite higher fuel prices...
(DAL) Delta Air Lines Misses – Stock at All-Time Low
Delta Air Lines (DAL), the second largest U.S. airline, has reported second quarter adjusted earnings per share of 43 cents, falling a penny short of the Zacks Consensus Estimate. Including special items,...
(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...