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Azul (AZUL) Benefits From Punctual Departure of Flights
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Maintaining the impressive punctual performance, Azul S.A. (AZUL - Free Report) emerged as the top airline company in Brazil and South America in December 2018. Further, the carrier has also been ranked among top 5 airlines in the world on the basis of punctuality. Airlines with 100,000 or more annual departures are considered in this category.
Azul made a departure of about 89.5% of its flights within 15 minutes of the scheduled departure time according to data published in FlightStats (a renowned real-time application) website.
Notably, Azul has also evolved as the leader in the A15 category for all Brazilian and South American airlines.
The Barueri, Brazil-based airline company is gaining momentum on the back of timely departure of flights that has instilled customers’ confidence in the company. Considering the higher demand for air travel, such impressive punctuality performance bodes well. Strong demand for air travel generates robust passenger revenues. At the end of the first 11 months of 2018, Azul registered year-over-year increase of 16.7% in revenue passenger miles (RPMs) to 21.83 billion. Available seat miles (ASMs) rose 16.3% to 26.55 billion on a year-over-year basis. Courtesy of the upside, load factor (percentage of seats filled by passengers) improved 0.3 percentage points (pp) to 82.2%. Strong passenger revenues are expected to boost the top line in the fourth quarter of 2018.
Notably, shares of the company have performed impressively in a year’s time. The stock has gained 15.5% against the industry’s decline of 23.2%.
Zacks Rank & Stocks to Consider
Azul currently sports a Zacks Rank #1 (Strong Buy).
Shares of Spirit Airlines have surged 43.9% in the past six months. Meanwhile, Fly Leasing and Expeditors boast an impressive earnings history. Fly Leasing outpaced the Zacks Consensus Estimate in three of the trailing four quarters, the average being 13.5%. Expeditors outpaced the consensus estimate in each of the trailing four quarters with an average beat of 12.2%.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Azul (AZUL) Benefits From Punctual Departure of Flights
Maintaining the impressive punctual performance, Azul S.A. (AZUL - Free Report) emerged as the top airline company in Brazil and South America in December 2018. Further, the carrier has also been ranked among top 5 airlines in the world on the basis of punctuality. Airlines with 100,000 or more annual departures are considered in this category.
Azul made a departure of about 89.5% of its flights within 15 minutes of the scheduled departure time according to data published in FlightStats (a renowned real-time application) website.
Notably, Azul has also evolved as the leader in the A15 category for all Brazilian and South American airlines.
The Barueri, Brazil-based airline company is gaining momentum on the back of timely departure of flights that has instilled customers’ confidence in the company. Considering the higher demand for air travel, such impressive punctuality performance bodes well.
Strong demand for air travel generates robust passenger revenues. At the end of the first 11 months of 2018, Azul registered year-over-year increase of 16.7% in revenue passenger miles (RPMs) to 21.83 billion. Available seat miles (ASMs) rose 16.3% to 26.55 billion on a year-over-year basis. Courtesy of the upside, load factor (percentage of seats filled by passengers) improved 0.3 percentage points (pp) to 82.2%. Strong passenger revenues are expected to boost the top line in the fourth quarter of 2018.
Notably, shares of the company have performed impressively in a year’s time. The stock has gained 15.5% against the industry’s decline of 23.2%.
Zacks Rank & Stocks to Consider
Azul currently sports a Zacks Rank #1 (Strong Buy).
Investors interested in the broader Transportation Sector may consider Spirit Airlines, Inc. (SAVE - Free Report) , Fly Leasing Limited and Expeditors International of Washington, Inc. (EXPD - Free Report) , each sporting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Spirit Airlines have surged 43.9% in the past six months. Meanwhile, Fly Leasing and Expeditors boast an impressive earnings history. Fly Leasing outpaced the Zacks Consensus Estimate in three of the trailing four quarters, the average being 13.5%. Expeditors outpaced the consensus estimate in each of the trailing four quarters with an average beat of 12.2%.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>