|Bid||52.45 x 900|
|Ask||60.95 x 800|
|Day's range||55.50 - 58.08|
|52-week range||48.52 - 61.32|
|Beta (3Y monthly)||1.08|
|PE ratio (TTM)||11.04|
|Earnings date||9 Jan 2019 - 14 Jan 2019|
|Forward dividend & yield||1.40 (2.50%)|
|1y target est||69.32|
A large wintry storm that struck the Carolinas, Virginia and other parts of the Southeast prompts airlines to cancel more than 1,400 flights. Carriers waive change fees for passengers traveling to and from affected airports.
Customers on United Airlines' international flights finally have a middle-ground option between uncomfortable coach seats and ultra-expensive business class tickets.
Delta's domestic basic economy tickets don't allow passengers to make changes to their tickets or select a seat ahead of time.
Cyber Daily: Bot Attacks Get Tougher on Airlines Cyber Daily: Bot Attacks Get Tougher on Airlines By Kim S. Nash Good day. Robots may take jobs on the factory floor but online bots are taking our data.
Delta Air Lines (DAL) is the largest airline company in the United States, in terms of market capitalization, at $38.9 billion. The low fuel price environment, efficient cost management, and disciplined capacity enhancement helped Delta grow its profitability in the last few years.
Since the beginning of 2018, Delta Air Lines (DAL) has been focusing on route alignment and capacity addition. In November, the company increased its capacity 3.8% YoY (year-over-year). YTD (year-to-date) as of November, Delta Air Lines’ capacity has risen 3.4% YoY. The YTD growth is significantly higher than the capacity growth of 1% in 2017.
Along with every other technological advancement, facial recognition has also joined in. Many companies and softwares use it in their products to identify the person(s) opening a device or for security reasons.
Delta Air Lines (DAL) reported its November operating performance on December 4. In November, the airline’s traffic (revenue passenger miles) grew 4.2% YoY (year-over-year)—higher than its capacity growth of 3.8% during the same period. Delta has reported traffic growth in every month of 2018 except January. Year-to-date through November, the company’s traffic growth rate was 3.3%—almost on par with the capacity growth rate of 3.4%.
The Zacks Analyst Blog Highlights: United Continental, Copa, Delta, Ryanair and American Airlines
Wall Street analysts expect Delta Air Lines’ (DAL) fourth-quarter top and bottom line to continue benefiting from strong travel demand. Better-than-expected results for three consecutive quarters supported analysts’ confidence in Delta stock.
With a return of more than 43% YTD (year-to-date), United Continental (UAL) shares have remained the biggest gainer in 2018. The stock is also among Credit Suisse’s favorite airline (FTXR) picks for 2019.
Delta Air Lines (DAL) shares fell 5.3% on December 4 after the company updated its fourth-quarter outlook. Although the airline’s bottom-line guidance was impressive, investors seemed to be disappointed with the downbeat revenue outlook for the quarter. Delta expects its fourth-quarter revenues to increase nearly 7.5% YoY (year-over-year), which is lower than the company’s earlier guidance of an 8% increase. Delta expects the unit revenue to grow 3.5% YoY in the fourth quarter, which is towards the low end of the previous guidance range of 3%–5%.
NEW YORK, Dec. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Late in November, Spirit Airlines (SAVE), a low-cost carrier operator, hinted that its fourth-quarter revenues could grow at a higher rate than previously projected. The costs could be lower than previously expected. In an SEC filing on November 26, Spirit Airlines revealed that it increased the guidance for one of its key revenue metrics, which we’ll discuss in this part. The company has reduced the growth expectations for a key cost metric. The company’s stock gained more than 15% during trading on November 27 due to the upbeat outlook.
Unit revenue growth won't be quite as strong as investors had hoped this quarter -- but it's not a big deal considering how far jet fuel prices have plunged in the past two months.
Royal Air Maroc, the flag carrier of Morocco, has a fleet of 55 planes and serves 94 destinations — tiny compared with several of the Oneworld members. Its addition, however, gives the airline alliance a foothold in Africa.
Why Did Airline Stocks Rally in November? In November, the rally in airline stocks was driven by positive remarks on the entire industry from two investment research firms—Goldman Sachs (GS) and Credit Suisse (CS). On November 12, Goldman Sachs analyst Catherine O’Brien launched coverage on the airline industry with an attractive rating.
Since mid-October, the market has been bearish on oil prices. The sanctions levied by the US government on Iran have been softer than expected. Earlier, analysts expected stricter sanctions by the Trump Administration on Iran. Analysts expected a massive crude oil supply crunch. However, the US gave temporary waivers to eight countries, including China and India—the major importers of Iranian oil.
Until the middle of October, airline stocks had been among the most battered stocks due to concerns about overcapacity and rising fuel prices—except for United Continental (UAL) and Spirit Airlines (SAVE). However, airline stocks have been gaining solid momentum since late October.
Wall Street suffered heavy losses on Tuesday as yields on 2-Year US Treasury Note and 3-Year US Treasury Note surpassed the yield on 5-Year US Treasury Note
Delta's (DAL) conservative Q4 unit revenue guidance weighs on investors, although the company posts a substantial rise in November traffic statistics.
Airlines were among the most battered stocks during the broader market sell-off on December 4. All of the major indices including Dow Jones, NASDAQ, and S&P 500 fell more than 3%. Delta’s (DAL) disappointing fourth-quarter outlook also added fuel to the massive fall in airline stocks.