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January 24, 2013
07:57 EDTLUV, SKYW, DAL, JBLU, AMR, UAL, HA, ALK, LCCReport claims airlines profited over EUR1B from EU carbon tax, Guardian says
The delayed EU carbon tax that was ferociously opposed by American, Chinese, Russian and other airlines may have actually allowed airlines to make EUR872M before the delay, plus an additional EUR486M when the EU agreed to hold off collecting the fee for a year, reported The Guardian, citing a report from consulting firm CE Delft. The report said European airlines likely benefited the most, though American airlines were estimated to collectively make as much as EUR175.4M. Reference Link
News For DAL;LCC;UAL;SKYW;ALK;AMR;LUV;HA;JBLU From The Last 14 Days
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January 20, 2015
06:39 EDTLUV, UAL, DAL, JBLUU.S. airlines may buy back shares amid cheap oil, WSJ reports
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January 16, 2015
15:36 EDTDALDelta Air Lines January weekly 45.5 straddle priced for 5.4% movement into Q4
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15:22 EDTDALDelta Air Lines technical notes before earnings
The shares are trading down approximately 10% from the 52-week high at which was at $50.16. On strong news or guidance, it is probable that that level will be tested. A breakout above it would set the stock up for a run to $52.50. If the news fails to meet bullish expectations, support levels to watch as potential downside objectives are at $44.30, $42.91, and $39.87, the 200-day moving average.
13:38 EDTDALDelta Air Lines January weekly volatility elevated into Q4 and outlook
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11:03 EDTSKYWFAA proposes $450,000 civil penalty against SkyWest Airlines
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January 15, 2015
14:14 EDTJBLUJetBlue upgraded earlier to Peer Perform from Underperform at Wolfe Research
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14:03 EDTLUVSouthwest fined $1.6M by U.S. DOT for violating tarmac delay rule
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10:06 EDTUALUnited Continental sees special charges of $226M in Q4
The company said in a filing that it expects to record special charges of $226M, or $232M before income taxes, for Q4. he company recorded $141M of costs related primarily to a voluntary early-out program for its flight attendants. More than 2,500 participants elected a one-time opportunity to voluntarily separate from the company and will receive a severance payment, with a maximum value of $100,000 per participant, based on years of service, with retirement dates from Nov. 30, 2014 through the end of 2015. The company will record additional expense associated with this program through 2015 over the remaining required service periods. The company recorded a charge of $16M related to its annual assessment of impairment of its indefinite-lived intangible assets. On Oct. 10, 2014, United used cash to retire, at par, the entire $248M principal balance of the 6% Convertible Junior Subordinated Debentures and the 6% Convertible Preferred Securities, Term Income Deferrable Equity Securities. The $53M expense is primarily associated with the write off of non-cash debt discounts recorded on the TIDES due to purchase accounting during the merger with Continental Airlines in 2010.
08:20 EDTUALUnited Continental upgraded to Neutral from Underperform at BofA/Merrill
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January 14, 2015
16:04 EDTHAHawaiian Holdings names Shannon Okinaka as interim CFO
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14:20 EDTDALDelta planning daily service between Los Angeles and Shanghai pending approval
Delta Air Lines plans to begin daily nonstop service between Los Angeles International Airport and Shanghai-Pudong Airport on July 9, 2015, pending U.S. Department of Transportation and foreign government approval. The Los Angeles market makes up 25% of all U.S.-Asia demand, and the start of Shanghai service marks Delta's fourth daily nonstop flight to the Asia-Pacific region in addition to Tokyo-Narita, Tokyo-Haneda and Sydney.
13:49 EDTDALDelta Air Lines January weekly volatility elevated into Q4
Delta Air Lines January weekly call option implied volatility is at 49, February is at 43, March is at 45; compared to its 26-week average of 37 according to Track Data, suggesting large near term price movement into the expected release of Q4 in January 20.
January 13, 2015
16:46 EDTJBLUJetBlue reports preliminary December traffic up 5.6%
Traffic in December increased 5.6% from December 2013, on a capacity increase of 7.2%. Load factor for December 2014 was 81.6%, a decrease of 1.3 points from December 2013. JetBlue's preliminary completion factor was 99.5% and its on-time performance was 80.3%. JetBlue's preliminary passenger revenue per available seat mile for the month of December decreased 6% year over year. For the fourth quarter 2014, PRASM is expected to be relatively flat compared to last year.
11:02 EDTDALDelta unveils next phase of Terminal 4 expansion at JFK airport
Delta Air Lines, the Port Authority of New York and New Jersey, and JFK International Air Terminal unveiled the next phase of a Terminal 4 expansion at John F. Kennedy International Airport. The $175M project adds 11 gates and 75,000 square feet to Terminal 4's Concourse B and continues Delta's $1.2B investment to enhance and expand the terminal. Delta will be relocating a majority of its Delta Connection flights at JFK from Terminal 2 to the expanded Concourse B in Terminal 4.
10:00 EDTALKOn The Fly: Analyst Upgrade Summary
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06:33 EDTALKAlaska Air upgraded to Hold from Sell at Deutsche Bank
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January 12, 2015
10:00 EDTALKOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Agnico-Eagle (AEM) upgraded at BMO Capital... Aimco (AIV) upgraded to Outperform from Market Perform at Wells Fargo... Alaska Air (ALK) upgraded at Evercore ISI... Alcoa (AA) upgraded to Buy from Neutral at Nomura... Alon USA Energy (ALJ) upgraded to Neutral from Sell at Goldman... AvalonBay (AVB) upgraded to Buy from Hold at Jefferies... BASF (BASFY) upgraded to Buy from Neutral at Citigroup... C.H. Robinson (CHRW) upgraded to Overweight from Equal Weight at Barclays... CBS (CBS) upgraded to Outperform at Cowen... Chesapeake (CHK) upgraded to Buy from Neutral at Goldman... China Mobile (CHL) upgraded to Buy from Hold at Jefferies... Chunghwa Telecom (CHT) upgraded to Neutral from Underweight at ... D.R. Horton (DHI) upgraded at KeyBanc... Daimler AG (DDAIF) upgraded to Neutral from Underperform at BofA/Merrill... Diamond Resorts (DRII) upgraded to Buy from Neutral at Goldman... FMC Corporation (FMC) upgraded to Buy from Neutral at BofA/Merrill... First Cash Financial (FCFS) upgraded to Buy from Neutral at Janney Capital... Frontier Communications (FTR) upgraded at BofA/Merrill... HomeAway (AWAY) upgraded to Outperform from Neutral at Macquarie... Ingersoll-Rand (IR) upgraded at Morgan Stanley... KB Home (KBH) upgraded to Outperform from Market Perform at Raymond James... Knight Transportation (KNX) upgraded to Overweight from Equal Weight at Barclays... LabCorp (LH) upgraded to Outperform at RW Baird... M.D.C. Holdings (MDC) upgraded to Outperform from Market Perform at Raymond James... Mid-America Apartment (MAA) upgraded to Buy from Hold at Jefferies... PACCAR (PCAR) upgraded at RBC Capital... Parsley Energy (PE) upgraded to Neutral from Sell at Goldman... Peugeot (PUGOY) upgraded to Buy from Underperform at BofA/Merrill... Radware (RDWR) upgraded to Buy from Neutral at Buckingham... Rush Enterprises (RUSHA) upgraded at BB&T... Ryland Group (RYL) upgraded to Outperform from Market Perform at Raymond James... SL Green Realty (SLG) upgraded to Buy from Hold at Jefferies... Solera (SLH) upgraded to Buy from Neutral at Goldman... Standard Pacific (SPF) upgraded to Neutral from Underweight at JPMorgan... Statoil (STO) upgraded to Neutral from Sell at Goldman... Syngenta (SYT) upgraded to Buy from Hold at Miller Tabak... VMware (VMW) upgraded to Positive from Mixed at OTR Global... Vale (VALE) upgraded to Outperform from Sector Perform at Scotia Capital... Volvo (VOLVY) upgraded to Neutral from Underperform at BofA/Merrill... Windstream (WIN) upgraded at BofA/Merrill... lululemon (LULU) upgraded to Neutral from Underperform at Sterne Agee.
08:46 EDTLUVSouthwest reports December RPMs up 2.8% to 9.2B
Southwest announced that the company flew 9.2B revenue passenger miles in December 2014, a 2.8% increase from the 9B RPMs flown in December 2013. Available seat miles increased 2.9% to 11.2B from the December 2013 level of 10.8B . The December 2014 load factor was 82.7% compared with 82.8% in December 2013. For December 2014, passenger revenue per ASM is estimated to have decreased in the four to five percent range, as compared with December 2013. For the fourth quarter of 2014, the company flew 26.8B RPMs, compared with 25.7B RPMs flown for the same period in 2013, an increase of 4.3%. Fourth quarter 2014 ASMs increased 2.4% to 32.6B from fourth quarter 2013 ASMs of 31.9B . The fourth quarter 2014 load factor was 82%, compared with 80.4% for the same period in 2013. For fourth quarter 2014, PRASM is estimated to have increased in the one to two percent range, as compared with fourth quarter 2013.
08:28 EDTALKAlaska Air upgraded at Evercore ISI
As previously reported, Evercore ISI upgraded Alaska Air to Buy from Hold. The firm upgraded shares based on valuation, strong execution, and a likely improving competitive environment in 2H 2015.
06:49 EDTALKAlaska Air upgraded to Buy from Hold at Evercore ISI
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