All Posts Tagged With: "UAUA"
(DAL) Airline Industry Outlook – Sept. 2010 – Industry Outlook
Overall Outlook is Positive
The economic downturn and the oil price spike before it had negatively affected the airline industry over the past two years. Now, with the economy on the mend, albeit at a slower-than-expected pace, demand for air travel...
(LUV) Southwest Airlines and AirTran Holdings Combine
Southwest Airlines (LUV), the largest U.S. low-cost airline, has agreed to buy AirTran Holdings Inc. (AAI) for a combination of cash and...
(JBLU) JetBlue Airways Analyst Initiates Shares at Neutral
We are initiating coverage on JetBlue Airways (JBLU) with a Neutral rating. Currently, the stock has a Zacks Rank of #3 (Hold).
We believe JetBlue will continue to benefit from the recently launched...
(UAUA) UAL and Continental Airlines Shareholders Approve Merger
The pending merger of United Airlines, a wholly owned subsidiary of UAL Corp. (UAUA), and Continental Airlines (CAL) finally received approval...
(BP) Company News for September 9, 2010 – Corporate Summary
• Reports say 7-Eleven is planning a $40 per share bid for Casey’s General Stores (NASDAQ:CASY), valued at $2 billion
• Fitch upgraded its rating on BP (NYSE:BP) three notches to A with a Stable outlook, noting the “end to the threat of further leaks...
(RPM) U.S. Aviation Travel Traffic Rises in August
August has been a busy month for airliners with traffic showing signs of increase. The economic downturn in 2009 and the oil price hike in 2008 had affected the airline industry during the past two years. Now, with the economic recovery, demand for air travel is increasing...
(UAUA) United and Continental Airlines Merger Gets U.S. Approval
The pending merger of United Airlines, a wholly owned subsidiary of UAL Corp. (UAUA), and Continental Airlines (CAL) cleared its one...
(C) Ahead of Wall Street
Easing worries about Goldman and strong profit numbers from Citigroup helped lift financial shares and the broader market even as speculation about possible changes to financial-industry regulations hovered over Wall Street.
Stocks seesawed through afternoon as traders...
(GOL) The Airline Sector is Flying High as Latin American Airlines Merge
by Tony D’Altorio, Investment U Research
Thursday, August 19, 2010
Down...
(UAUA) UAL Corporation – Bull of the Day
We are maintaining our Outperform recommendation on UAL Corp. (UAUA). The company’s second-quarter results surpassed the Zacks Consensus Estimate and recorded its highest quarterly profit in 11 years.
Despite...
(UAUA) UAL Corporation – Revenue for the Period Was Up 28%
UAL Corp. (UAUA) just hit a new multi-year high after reporting its first quarterly profit since 2007 that included an 11% earnings surprise. Estimates have since turned higher, providing some nice upward...
(UAUA) UAL Corporation – Bull of the Day
We are upgrading our recommendation to Outperform on UAL Corp. (UAUA) based on the improved outlook for the airline industry. The company’s first quarter loss narrowed from the year-ago level and surpassed...
(UAUA) United Airlines Analyst Upgrades Shares to Outperform
We are upgrading our recommendation to Outperform from Neutral on United Airlines, a wholly owned subsidiary of UAL Corporation (UAUA) with a Zacks #1 Rank (‘strong buy’), based on the improved...
(DAL) Airline Unit Revenue Looks Set To Take Off
The recovery in the global economy is expected to benefit the airline industry with unit revenues slated to rise in the second quarter of 2010. Rising fares, an improvement in international traffic and an overall recovery is expected to drive this growth. Last year’s...
(UAUA) United Airlines Plans Test Flights For Their New Fuel Savings Plan
United Airlines, a wholly owned subsidiary of UAL Corp. (UAUA), plans a test flight on two flights between the U.S. and Europe to reveal its new fuel-saving techniques. The test flight will...
(UAUA) U.S. Airline Industry Outlook – June 2010
U.S. Airlines Emerging from Recession
With the global economy continuing to improve, there is steady improvement in demand for air travel as well as cargo since the beginning of 2010, after being badly affected by the economic downturn. Business travel,...
(LUV) Southwest Airlines Analyst Maintains Neutral Rating
We are maintaining a Neutral recommendation on the shares of Southwest Airlines (LUV). We believe the company’s strong balance sheet, low costs, several revenue initiatives, network optimization and hedging...
(DAL) Delta Air Lines Pays Penalty to U.S. Department of Transportation
Delta Air Lines Inc. (DAL), the world’s largest airline, has to pay penalties of $40,000 to the U.S. Department of Transportation (DOT) for violating the consumer protection rules. DOT stated that the...
(UAUA) UAL Corporation-Continental Airlines Merger Sparks Layoff Fears
The proposed merger of U.S. air carriers United Airlines, a wholly owned subsidiary of UAL Corp. (UAUA), and Continental Airlines (CAL)...
(NMB) Air Transport Association Opposes New Rule
The Air Transport Association (ATA) filed a lawsuit against the National Mediation Board (NMB) to stop the Obama administration from putting in effect the new rules for unions, which makes the organization easier to assemble workers at airlines and railroads. NMB coordinates...
(UAUA) UAL and Continental Announce Merger Take Off
U.S. air carriers United Airlines — a wholly owned subsidiary of UAL Corp. (UAUA) — and Continental Airlines (CAL) declared...
(LUV) US Airways & United Airlines Talking Airline Consolidation
For the airline sector, consolidation is in the air. And with good reason too.
Last year, the industry lost $9.4 billion. This year, the International Air Transport Association expects it to lose another $2.8 billion.
On the positive side, that makes buying...
(LCC) US Airways and United Airlines Resume Merger Talks
Yet another round of talks between US Airways (LCC) and UAL Corp.’s (UAUA) United Airlines has been announced, as reported by New...
(LUV) Southwest Airlines Reports Higher Lobbying Costs
In the fourth quarter of 2009, Southwest Airlines Co. (LUV) spent $180,000 to lobby, higher than the $40,000 spent in the fourth quarter 2008. Its lobbying expenditure for 2009 was $690,000.
The airline...
(LUV) Airline Industry Stock Review – February 2010 – Industry Outlook
Airlines are highly susceptible to negative financial impacts caused by major changes in the global economy that drive sudden severe swings in costs or revenues. During 2009, the combined forces of extensive competition...
(UAUA) UAL Corporation’s Loss Narrows
UAL Corporation (UAUA) reported a fourth quarter loss of $1.05 per share, better than the Zacks Consensus Estimate of a loss of $1.47. Last year, the loss was $4.31. The company’s loss narrowed during...
(MESA) Mesa Air Group’s Mesa Airlines Files Chapter 11
Mesa Airlines, a subsidiary of Mesa Air Group (MESA), announced yesterday that it has filed for Chapter 11 bankruptcy protection, hoping to shed the financial obligations arising from leases on airplanes...
(UAUA) United Airlines’ UAL Corporation Applies for Antitrust Immunity
United Airlines, a unit of UAL Corporation (UAUA), announced last week that it would soon file an antitrust immunity application for a trans-Pacific joint venture with All Nippon Airways Co. and Continental...
(UAUA) UAL Corporation Orders Replacement Planes
United Airlines, a subsidiary of UAL Corporation (UAUA), has ordered for 25 Boeing 787-8 aircraft from Boeing Company (BA) and 25 Airbus...
(DAL) Delta Airlines Reports Lower Traffic
Last week Delta Air Lines (DAL) announced that its mainline traffic decreased 6.1% compared to the same period a year ago. System traffic in November 2009, decreased 7.1% compared to Nov 2008 on an 8.4% decrease...