-
Thanksgiving Could Be Busiest For Air Travel Since The Recession
Friday, November 6, 2015 - 11:34am | 407Airline stocks have for the most part outperformed broader indices over the past year on strong demand and fuel savings. Airlines for America, an airlines association, said on Thursday that Thanksgiving travel on U.S. airlines will surpass last year. The association added that travel...
-
U.S. Airlines Buoyed By Economic Tailwinds
Monday, May 18, 2015 - 12:46pm | 352U.S. airlines have been flying high this year, as the decline in fuel prices gave way to higher margins for many companies. In addition to lower fuel prices, the improving U.S. economy has also created room for growth in the industry, as more Americans use their disposable income to travel...
-
Airlines Cheer U.S. Recovery
Wednesday, March 11, 2015 - 12:20pm | 352In 2014, U.S. airlines enjoyed their fifth straight year of profitability, with the nation's top 10 carriers seeing revenues rise by 5 percent while costs jumped just 3.3 percent. In an effort to continue boosting customer satisfaction, carriers reinvested $13.0 billion in products and...
-
Deutsche Bank Comments On October Airline PRASM
Tuesday, November 25, 2014 - 11:35am | 173Deutsche Bank issued an Airlines Alert Monday and noted that October PRASM increased 1.9 percent year-over-year. Analysts led by Michael Linenberg cited that “Airlines for America (“A4A”) reported that the industry’s consolidated passenger unit revenue ("PRASM...
-
Additional Fees Help Fuel Airline Profits In 2013
Tuesday, May 6, 2014 - 3:58pm | 434More signs the U.S. airline industry has recovered from the double blows of the 9/11 terror attacks in 2001 and the subsequent recession. On Monday, the federal Bureau of Transportation Statistics (BTS) reported the 26 scheduled U.S. passenger airlines had a net profit of $7.3 billion in the...