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2 Reviews And 7 Recaps As Airlines Begin Reporting September Traffic
Wednesday, October 5, 2016 - 10:58am | 496Alaska Air Group, Inc. (NYSE: ALK) and Delta Air Lines, Inc. (NYSE: DAL) both reported their respective financial and operating metrics on Tuesday. Alaska Air said it saw a 7.4 percent increase in traffic throughout September on a 4.2 percent increase in capacity. Load factor rose 2.5 percent to...
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Southwest Warns RASM Could Drop This Quarter; Airline Stocks Are Falling
Tuesday, December 8, 2015 - 12:43pm | 374Shares of Southwest Airlines Co (NYSE: LUV) plunged more than 7 percent on Tuesday after the company reported a 13.9 percent year-over-year increase in revenue passenger miles in November. However, the company cautioned that its fourth quarter 2015 operating revenue per available seat mile (...
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JP Morgan Slashes Airline Targets, Notes 'Sanity Check Required'
Wednesday, June 10, 2015 - 9:06am | 481In a report published Wednesday, JP Morgan analysts published a bearish report on the U.S. Airline industry, noting that "sentiment is materially worse than any point this decade." According to the analysts, ASM (average seat miles) have been "creeping up" since 2012 while...