|Bid||0.00 x 900|
|Ask||0.00 x 3200|
|Day's Range||87.26 - 90.25|
|52 Week Range||56.51 - 91.39|
|PE Ratio (TTM)||12.71|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of the biggest U.S. airline companies surged on Friday amid a turbulent period for the industry as rising fuel costs weigh on profits and investor confidence. The recent gains stem from a move that many of the airlines have made to help combat rising costs.
Following other industry players, American Airlines (AAL) raises baggage fees to counter high operating expenses, primarily arising from escalating fuel prices.
United Airlines, Delta Air Lines and JetBlue Airways have also raised their fees. American Airlines AAL , the world's largest airline, will charge customers $5 more for the first and second checked bags for travel in the U.S., Puerto Rico, the US Virgin Islands and the Caribbean, the company said Thursday. Certain AAdvantage members will continue to be eligible for free checked bags.
American Airlines, the world's largest airline, will charge customers $5 more for the first and second checked bags for travel in the U.S., Puerto Rico, the US Virgin Islands and the Caribbean, the company said Thursday.
For the past few years, Boeing (BA) has been behind Airbus in the order booking race. However, Boeing seems set on breaking that record in 2018.
Airbus left no stone unturned to win the 2017 order race against Boeing, and its efforts paid off extremely well. The aircraft maker booked 1,229 gross orders and 1,109 net orders for the year. Its A320 series had the most orders with it alone accounting for 1,054 net orders. The A350 series booked 36 orders and the A330 series booked 21 orders.
United Airlines, Alibaba, Verizon, Amazon and Microsoft are the companies to watch.
Currently, 33.3% (or six) of the analysts tracking Southwest Airlines (LUV) stock have given it a “strong buy” rating, and 38.9% (or seven) have given it a “‘buy.” The remaining 27.8% (or five) have given it a “hold.” None of them have given it a “sell.”
United is encouraging travelers to wait until their boarding group is called. Passengers will line up in two lines instead of five. The airline is trying to reduce crowding at airports. Fuller flights are a boon to airlines but overcrowding at gates has become an unwelcome side effect.
United Continental Holdings has been the best-performing major U.S. airline by a long shot, but the shares now looked priced to perfection, argues Macquarie.
United (UAL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In August, Southwest Airlines’ (LUV) traffic grew 1.3% YoY (year-over-year), which was lower than its capacity growth of 2% YoY for the month. Its traffic growth has been lagging capacity growth for the past five months. From January to March, its traffic growth exceeded capacity growth.
In August, Southwest Airlines’ (LUV) capacity increased 2% YoY (year-over-year) after recording growth of 3.2% in July. In May, it had its highest capacity growth of 5.2% YoY. It had its lowest capacity growth of 1% YoY in February.
United Airlines has a more restrictive carry-on bag policy for basic economy ticket buyers than American Airlines and Delta Air Lines. Now, it also charges more for checked bags than either of its main rivals.
United Airlines UAL ' shares have hit a record high, a dramatic turnaround for the third-largest U.S. airline that has weathered a rash of public relations disasters and investors who fretted the carrier's growth plan would spark a fare war with competitors and a surge in expenses. United Continental Holdings' stock closed at an all-time high of $89.58 on Thursday and shares of the third-largest U.S. airline's parent were on track to hit another record Friday, trading up 0.7 percent around 3 p.m. American Airlines AAL shares are down more than 23 percent, while Delta Air Lines DAL is up 3.5 percent this year.
Shares of United Airlines parent company hit a record, as the company that faced months of public relations scandals and investors skeptical about its turnaround plan. Strong demand, higher fares and stock buybacks are lifting the stock price.
Airlines canceled more than 1,500 flights because of Hurricane Florence and travel disruptions are likely to continue through the weekend.
More than 1,500 flights have been canceled in states in Florence's path. Hurricane Florence made landfall early Friday with top winds of 90 miles per hour. Hurricane Florence hit North Carolina on Friday morning with top winds of 90 miles per hour, prompting flight cancellations in the southeastern U.S. through the weekend.
More than 1,000 flights have been canceled in states in Florence's path. Airlines have canceled more than 1,000 flights scheduled for Thursday and Friday in the Carolinas and Virginia as Hurricane Florence bears down on the East Coast with 110 mph wind. Charleston International Airport closed Wednesday night and will remain shut until at least Friday, a spokeswoman said.
Airlines canceled hundreds of flights ahead of Hurricane Florence. The Category 2 storm is expected to make landfall in the Carolinas early Friday.
Bullish third-quarter unit revenue projections from the likes of United Continental (UAL) reflect the strong demand for air travel.
Hurricane Florence is closing in on the coast of the Carolinas, with officials expecting the storm to make a direct hit by early Friday.
Several Democratic lawmakers want airlines to disclose the cost of handling a bag or changing a flight. Several lawmakers are questioning airlines and the Department of Transportation about the fees carriers charge passengers to check their luggage or select a seat. The queries came after two U.S. airlines — JetBlue Airways JBLU and United Airlines UAL — raised the price to check a first bag on their flights by $5 to $30.