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Zacks News
Delta's (DAL) August Traffic Data Solid on Strong Demand
by Zacks Equity Research
Rising demand for air travel aids Delta's (DAL) traffic results. Owing to this tailwind, the carrier is further hopeful about achieving its third-quarter earnings and revenue targets.
JetBlue Shares Decline More Than 4% on Q3 RASM View Cut
by Zacks Equity Research
JetBlue (JBLU) grapples with soft bookings to Puerto Rico, negative impact from Hurricane Dorian and challenges in Punta Cana.
Ryanair Picks Eddie Wilson as Chief Executive of Main Airline
by Zacks Equity Research
Eddie Wilson takes charge as the chief executive of Ryanair's (RYAAY) main airline while Michael O'Leary now becomes the chief executive officer of Ryanair Group.
FedEx to Buy Cargex for Expanding Presence in Latin America
by Zacks Equity Research
FedEx's (FDX) decision to buy the Colombia-based freight forwarding company is likely to strengthen the company's foothold in the Latin American market.
Golar LNG (GLNG) Shares Tank on Wider-Than-Expected Q2 Loss
by Zacks Equity Research
Seasonal sluggishness in the shipping market as well as drydockings mar Golar LNG's (GLNG) Q2 results. Simultaneously, the company announces dividend suspension for two quarters.
ETFs & Stocks to Fly on Busy Labor Day Air Travel
by Sweta Killa
About a record 17.5 million Americans are expected to fly on U.S. airlines worldwide over the Labor Day holiday (Aug 28 to Sep 3).
Delta to Boost Caribbean Services From Its Hubs This Winter
by Zacks Equity Research
Anticipating strong demand during the winters, Delta (DAL) intends to add frequency to popular Caribbean destinations from its hubs.
Alaska Airlines Announces Two Labor Contract Ratifications
by Zacks Equity Research
Alaska Air Group's (ALK) unit Alaska Airlines' five-year labor pacts include wage hikes, work security and retirement upgrades among other benefits.
Here's Why Copa Holdings is a Must Add to Your Portfolio
by Zacks Equity Research
Copa Holdings' (CPA) operating margin forecast for 2019 compares favorably with 2018 levels.
Azul to Begin Flights on Fort Lauderdale-Belo Horizonte Route
by Zacks Equity Research
Azul's (AZUL) new service builds on its existing operation connecting Belo Horizonte with Orlando.
Ryanair (RYAAY) to Shut Down 4 Bases in Spain Next Year
by Zacks Equity Research
Ryanair's (RYAAY) decision to close four bases in Spain is likely to result in multiple job losses. The move is being opposed vehemently by the Spanish unions.
United Airlines to Suspend Two Global Services on Low Demand
by Zacks Equity Research
Citing weak demand, United Airlines (UAL) decides to discontinue flights between Chicago and Hong Kong as well as Newark and Buenos Aires.
United Airlines to Start Global Flights From Multiple Hubs
by Zacks Equity Research
United Airlines (UAL) is on an international expansion spree, announcing several flights from its hubs in Chicago, Denver, New York/Newark and San Francisco.
CSX Gets Mired in Headwinds: Discard the Stock Right Now
by Zacks Equity Research
Sluggish intermodal volumes among other factors force CSX to slash its 2019 revenue growth forecast.
Union Pacific Stock Up 22% YTD on Cost Cut & Other Factors
by Zacks Equity Research
Union Pacific's (UNP) cost-controlling measures are driving growth. Additionally, the company's efforts to reward shareholders are appreciative.
Hawaiian Holdings at 52-Week Low: Does It Still Hold Promise?
by Zacks Equity Research
Hawaiian Holdings (HA) is suffering due to intense competition following Southwest Airlines' entry in Hawaii. However, its history with respect to punctuality raises optimism.
LATAM Airlines Up 2% Since Q2 Earnings Release: Here's Why
by Zacks Equity Research
LATAM Airlines' (LTM) second-quarter 2019 results gain from factors like upbeat passenger revenues and prudent cost-control efforts.
Delta (DAL) to Boost US-UK Services With Virgin Atlantic
by Zacks Equity Research
As part of its decision to bolster transatlantic capacity, Delta (DAL) will resume services to London's Gatwick airport from 2020. Notably, Gatwick offers huge commercial potential.
United Airlines to Start Additional Tokyo Services Next Year
by Zacks Equity Research
United Airlines' (UAL) supplementary services to Tokyo's Haneda airport, ahead of the Olympic Games 2020, should attract substantial traffic.
Southwest (LUV) to Offer Hawaii Additional Flights in 2020
by Zacks Equity Research
Southwest (LUV) aims to penetrate deeper into the Hawaiian regions with new interisland flights as well as services from the mainland.
LATAM Airlines' (LTM) Traffic & Load Factor Increase in July
by Zacks Equity Research
Load Factor at LATAM Airlines (LTM) improves in July as traffic growth outpaces capacity expansion.
Here's Why It's Time to Add Delta to Your Portfolio Now
by Zacks Equity Research
Robust passenger revenues on the back of solid air travel demand is a key catalyst for Delta (DAL). The carrier's investor-friendly moves are also appreciative.
Airline Stock Roundup: AZUL & CPA's Q2 Earnings Beat, JBLU's July Traffic Report
by Maharathi Basu
The impressive second-quarter 2019 earnings reports of Copa Holdings (CPA) and Azul (AZUL) further highlight the strong demand for air travel.
Hawaiian Airlines' Traffic & Load Factor Increase in July
by Zacks Equity Research
Hawaiian Holdings' (HA) wholly owned subsidiary Hawaiian Airlines reports an increase in July load factor to the tune of 190 basis points.
Copa Holdings' (CPA) Traffic and Load Factor Decline in July
by Zacks Equity Research
Load Factor at Copa Holdings (CPA) declines 1.7 percentage points to 86.6% in July.