All Posts Tagged With: "LUV"

(DAL) Will Oil Refineries Take Flight in 2014?

Airline stocks have been flying high in 2014 after notching up robust gains in 2013. Year-to-date the Dow Jones U.S. Airline Index (^DJUSAR) is higher by 14% after returning 85% in 2013. The strong performance comes despite rising fuel costs, which can make up approximately...

17Mar2014 | | Comments Off | Continued

(UAL) United Continental Holdings Unit United Airlines to Fly More E175s

United Airlines, the wholly owned subsidiary of United Continental Holdings Inc. (UAL) entered into a deal with partner SkyWest Airlines – an affiliate of SkyWest Inc. Per the Capacity Purchase Agreement (CPA) between the two carriers,...

23Aug2013 | | Comments Off | Continued

(DAL) Delta Air Lines Second Quarter Aided by Low Fuel Costs

One of the major U.S. airlines, Delta Air Lines Inc. (DAL) has projected a favorable second quarter owing to the prevailing low fuel prices. The company expects profit improvement with significant margin expansion along with stability...

8Jun2013 | | Comments Off | Continued

(JBLU) JetBlue Airways Traffic Rises in April

After of traffic growth in Mar 2013, JetBlue Airways (JBLU) experienced another month of rising traffic across its network. For the month of Apr 2013, the carrier reported airline traffic – measured in revenue passenger miles or...

23May2013 | | Comments Off | Continued

(LUV) Southwest Hikes Dividend – Revises Delivery

In an attempt to enhance shareholders’ value, Southwest Airlines (LUV) announced a 400% hike in quarterly dividend to 4 cents per share from a penny per share, marking the second increase since 2012. On an annualized basis, the total...

23May2013 | | Comments Off | Continued

(UAL) United Continental Holdings in Deal with Embraer

United Airlines, the wholly owned subsidiary of United Continental Holdings Inc. (UAL), has agreed to buy 30 Embraer 175 regional jets. The deal, estimated at about $4 billion, also has the option of 40 additional purchases. These...

13May2013 | | Comments Off | Continued

(JBLU) JetBlue Lags Forecasts on First Quarter Earnings

The discounted U.S. airline JetBlue Airways Corporation (JBLU) delivered weak first quarter 2013 results on the aftereffects of the Hurricane Sandy along with high expenses associated with aircraft maintenance and salaries and wages. The...

2May2013 | | Comments Off | Continued

(UAL) United Continental Holdings Posts Narrower Loss

The largest U.S. airline – United Continental Holdings Inc. (UAL) – reported better-than-expected results in first quarter 2013. The company’s performance was supported by better operational activities and services that somewhat...

28Apr2013 | | Comments Off | Continued

(LUV) Southwest Airlines Unveils Flights to Five Cities

For the first time ever, domestic top-notch carrier Southwest Airlines Co. (LUV) introduced flights to five cities in one day.  This move underlines the company’s endeavors to expand its foothold outside the 48 contiguous states...

27Apr2013 | | Comments Off | Continued

(IBM) Into the Heart of First Quarter Earnings Season – Earnings Preview

There is an air of disappointment in the market about the ongoing Q1 earnings season. Some of it is justified. After all, what else should investors think when companies like IBM (IBM) and GE (GE)...

22Apr2013 | | Comments Off | Continued

(BA) Airline Industry Stock Outlook – Apr 2013 – Zacks Analyst Interviews

Leaving behind the effects of an unstable oil price scenario and sluggish world trade, the global airline industry is expected to perk up through 2013 on improved passenger traffic and freight volumes. This improved backdrop is reflected in the International Air Transport Association’s (IATA)...

21Apr2013 | | Comments Off | Continued

(IBM) The Market Now Moves Into the Heart of the First Quarter Earnings Season – Earnings Preview

There is an air of disappointment in the market about the ongoing Q1 earnings season. Some of it is justified. After all, what else should investors think when companies like IBM (IBM) and GE (GE)...

19Apr2013 | | Comments Off | Continued

(JBLU) JetBlue Airway’s Traffic Remains High in March

JetBlue Airways (JBLU) posted high single-digit traffic growth for Mar 2013 on the back of efficient operations and various strategic steps that are bringing in more passengers. The company’s airline traffic – measured...

18Apr2013 | | Comments Off | Continued

(LUV) Southwest Airlines Posts Better March Traffic

After experiencing not-so-favorable traffic figures over the last two months, Southwest Airlines Co. (LUV) witnessed traffic and capacity growth in March 2013. The results were influenced by the increased number of passengers traveled...

18Apr2013 | | Comments Off | Continued

(DAL) Delta and Virgin Approach Department of Transportation with Antitrust Immunity Application

Delta Air Lines (DAL) and Virgin Atlantic Airways Ltd. submitted an antitrust immunity (ATI) application with the U.S. Department of Transportation (DoT) for their proposed joint venture. The companies are seeking antitrust immunity...

18Apr2013 | | Comments Off | Continued

(JBLU) JetBlue Airways Teams Up with Asiana

U.S. low fare airline JetBlue Airways Corporation (JBLU) entered into a collaboration with South Korea’s prime carrier Asiana Airlines. As per the interline agreement between the companies, networks of both the airlines will...

11Feb2013 | | Comments Off | Continued

(DAL) Delta Air Lines to Open New Airport Terrace

With the thought of providing a comfortable lounge experience to flyers, Delta Air Lines (DAL) joined hands with an international design group – Architectural Digest – to upgrade outdoor terraces. These first-ever open-air airport...

30Jan2013 | | Comments Off | Continued

(LUV) Southwest Airlines Earnings Tops Forecast

Leading U.S. low-cost carrier Southwest Airlines Co. (LUV) reported mixed fourth quarter and full-year 2012 results, owing to contributions from the strategic steps taken by management and better bookings, partially offset higher expenses...

29Jan2013 | | Comments Off | Continued

(AAPL) Fourth Quarter 2012 Earnings Season Gets Into High Gear – Earnings Preview

The fourth quarter reporting season gets into high gear this week, with 253 companies coming out with quarterly results, including 83 S&P 500 companies. The earnings season thus far has been relatively uneventful, but we will have a better idea by the end of this week; by then we will have seen...

20Jan2013 | | Comments Off | Continued

(LUV) Southwest Airlines – Bull of the Day

We upgrade our recommendation on Southwest Airlines (LUV) to Outperform from Neutral based on a number of constructive actions adopted by management. We believe that the company remains committed to sustain its brand and operational excellence...

17Jan2013 | | Comments Off | Continued

(DAL) Airline Stock Outlook & Review – December 2012 – Industry Outlook

Going into 2013, the outlook for the global airline industry is likely to remain clouded by the uncertain economic backdrop, particularly the unsettled European situation. These factors are expected to offset the positive impacts from increased passenger traffic and an improved freight market. The...

14Dec2012 | | Comments Off | Continued

(JBLU) Jet Blue Airways to Exit Pittsburgh-NYC Route

Jet Blue Airways Corporation (JBLU), the U.S.-based low cost passenger carrier, has decided to stop its New York-Pittsburgh route from February next year. Air fares are expected to go up following the...

4Dec2012 | | Comments Off | Continued

(LUV) Southwest Airlines Consolidates Operations

Leading global passenger air service provider Southwest Airlines (LUV) announced plans of combining its existing call center operation in Atlanta and two other in Georgia to form a single unit, which...

4Dec2012 | | Comments Off | Continued

(JBLU) JetBlue Airways Beats Earnings Forecast

One of the leading low-cost airlines – JetBlue Airways Corporation (JBLU) reported third-quarter 2012 adjusted earnings per share (EPS) of 14 cents, beating the Zacks Consensus Estimate by 2 cents. Earnings also increased by a significant...

11Nov2012 | | Comments Off | Continued

(LUV) Southwest Airlines Beats Expectations by a Penny

Before the opening bell, the largest U.S. low-cost carrier Southwest Airlines Co. (LUV) reported its third quarter 2012 adjusted earnings of 13 cents per share that slivered past the Zacks Consensus Estimate by a penny. The quarter’s...

9Nov2012 | | Comments Off | Continued

(UAL) United Continental Holdings’ Third Quarter Profit Narrows

United Continental Holdings Inc. (UAL) – the largest U.S. airline – reported lackluster performance in the third quarter of 2012. Adjusted earnings of $1.35 per share slid 32.5% from the year-ago quarter and missed the Zacks Consensus...

5Nov2012 | | Comments Off | Continued

(RPM) Mixed Air Traffic for September

Airlines’ struggle with rising fuel costs and weak business travel demand are leading to lower traffic and profits. Though fare hikes helped some U.S. air carriers to somewhat manage September traffic in green, the earnings estimates are still trending downward on the back of numerous macroeconomic...

18Oct2012 | | Comments Off | Continued

(UAL) International Air Transport Association Ups 2012 Profit Outlook

The outlook for global airline industry is improving on the back of strong performances of the air carriers even amidst the global economic uncertainties. The global industry is set to benefit from the ongoing new investments in fleet, efficient cost control measures, capacity management and consolidation...

9Oct2012 | | Comments Off | Continued

(DAL) August Air Traffic Adds Paltry Gains

Airlines’ struggle with rising fuel costs and weak business travel demand are leading to lower traffic and profits. Though fare hikes helped the major U.S. air carriers to somewhat manage August traffic in green, the earnings estimates are still trending downwards on the back of numerous macroeconomic...

2Oct2012 | | Comments Off | Continued

(DAL) US Airlines Incur Loss in First Half of 2012

The strong start to the year for the airline stocks was not enough to avoid them from suffering a loss in the first half of 2012. The Airlines for America (A4A) reported that the ten major U.S. carriers recorded a net loss of $1.07 billion in the first half of 2012. Profit margins deteriorated to...

5Sep2012 | | Comments Off | Continued