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Southwest Airlines Is 'Oversold,' Buckingham Says In Upgrade
Thursday, March 22, 2018 - 10:57am | 402Read More...Southwest Airlines Co (NYSE: LUV) cautioned investors Wednesday it expects revenue for each seat it flies a mile (RASM) to come in flat for the first quarter, which marks a downtick from its prior guidance of up 1 to 2 percent. The stock lost nearly 5 percent and is now considered to be "...
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JetBlue Investors Flee After New RASM Data, LatAm Struggles
Tuesday, March 8, 2016 - 1:50pm | 213Read More...JetBlue Airways Corporation (NASDAQ: JBLU) is down more than 7 percent on the day at $20.34, following an SEC 8-K form filing. According to the 8-K from Tuesday, JetBlue's revenue took a hit in February. "This report is filed to provide an update regarding revenue trends in the first...
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Southwest Warns RASM Could Drop This Quarter; Airline Stocks Are Falling
Tuesday, December 8, 2015 - 12:43pm | 374Read More...Shares 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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Barclays Remains Bullish On Airlines, Despite 2016 Expected To Be 'One Of The Worst Years Of Revenue Growth' Since 1984
Thursday, September 17, 2015 - 1:19pm | 798Read More...Fuel prices have dropped around 10 percent since airliners last reported their earnings in July. David Fintzen of Barclays commented in a note on Thursday that airliners will continue to be a "net beneficiary" of low oil. The bullish thesis isn't as "flawless" as it was in 2013, but remains "...
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Imperial Capital: American Airlines To See Record Q4, Earnings Growth In 2015
Tuesday, January 13, 2015 - 12:02pm | 225Read More...Bob McAdoo of Imperial Capital on Monday commented that American Airlines Group Inc (NYSE: AAL) remains a top pick in the sector and the company will continue to benefit from favorable trends. “American Airlines Group operating results have and will likely continue to benefit from strong...
