|Bid||58.50 x 900|
|Ask||59.61 x 1100|
|Day's range||58.39 - 60.23|
|52-week range||47.12 - 60.79|
|PE ratio (TTM)||12.41|
|Earnings date||9 Oct 2018 - 15 Oct 2018|
|Forward dividend & yield||1.40 (2.42%)|
|1y target est||68.20|
The Shanghai is in a bear market, and the 4% weekly gain doesn't necessarily change that condition.
Delta Air Lines Inc. is looking for a partner to share the burden of its six-year experiment in running a refinery to supply its planes with jet fuel. The carrier paid $150 million for the refinery near Philadelphia in 2012, betting that making its jet fuel could help offset rising prices. In total, the refinery has added $281 million to Delta’s operating income through the first half of this year.
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.
The country’s largest airline by passenger volume said beginning today it will start charging customers $30 for the first checked bag and $40 for the second checked bag for flights within the US, North America and the Caribbean. It had previously charged only $25 for the first bag and $35 for the second bag. The push for higher fees underscores the pressure the airline industry is under to generate more revenue from sources other than ticket sales.
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.
Facial recognition at airports is a controversial move, one that's been decried over the past year since it first rolled out last year. Six major US airports completed trials as part of a wider rollout — aimed to be completed by today. CBP relies on airlines to collect facial recognition data, something Delta doesn't shy away from.
Frontier Airlines, the 10th largest U.S. airline by passengers carried, says it won't change for date changes 90 days or more before a flight, and cuts fees for those made up to two weeks before the date of travel. Fare changes still apply.
Delta Air Lines is joining two rivals in raising fees to check a bag on a flight within the United States. Delta on Wednesday posted new fees of $30 for checking a first bag and $40 for a second bag — ...
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.
Due to increasing crude oil prices, Southwest Airlines (LUV) expects fuel costs to rise more in the third quarter. It expects a rise of $2.25 per gallon, which is slightly higher than $2.21 per gallon that it guided for after its second-quarter results. In the second quarter of 2017, the price of fuel was $1.99 per gallon.
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.
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.
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.
Airlines canceled hundreds of flights ahead of Hurricane Florence. The Category 2 storm is expected to make landfall in the Carolinas early Friday.
Delta hopes to sell a joint-venture interest in its oil refinery in order to create a better hedge against changes in jet fuel refining margins.
Hurricane Florence is closing in on the coast of the Carolinas, with officials expecting the storm to make a direct hit by early Friday.
The week on Wall Street brought some interesting quarterly results, along with some notable IPOs, acquisitions, and investigations.
Delta (DAL) 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.