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News Breaks
July 23, 2014
06:39 EDTUAL, DLAKY, AAL, DALLufthansa suspends Tel Aviv flights due to security worries, Reuters says
Lufthansa (DLAKY) announced that it is suspending service to Tel Aviv for 36 hours due to security worries, reported Reuters. Earlier, U.S. airlines such as Delta Air Lines (DAL), American Airlines (AAL) and United Continental's (UAL) United Airlines stopped service to the country as well. Reference Link
News For DLAKY;DAL;AAL;UAL From The Last 14 Days
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April 1, 2015
06:33 EDTAALAmerican Airlines downgraded to Hold from Buy at Deutsche Bank
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06:27 EDTDLAKYGermanwings pilot told Lufthansa about depression bout, Reuters says
The co-pilot who deliberately crashed a Germanwings plane last week told Lufthansa (DLKAY) in 2009 that he had suffered from severe depression, Lufthansa said yesterday, according to Reuters. Germanwings is a subsidiary of Lufthansa. Reference Link
March 31, 2015
17:59 EDTDALDelta Air Lines, Aeromexico file antitrust immunity application
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March 30, 2015
10:00 EDTDALOn The Fly: Analyst Initiation Summary
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07:53 EDTDALDelta Air Lines initiated with a Buy at Argus
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March 29, 2015
13:55 EDTDAL, AALHawaiian Holdings expresses 'disappointment' on DOT decision on Haneda slots
Statement from Mark Dunkerley, President And CEO Of Hawaiian Airlines (HA), on DOT tentative decision on Haneda Slots: "The tentative decision issued by the U.S. Department of Transportation this morning to allow Delta Air Lines (DAL) to retain the valuable right to fly from Tokyo's Haneda International Airport for largely unused service to Seattle is tremendously disappointing. We are further disappointed that the U.S. DOT has determined that should Delta's planned service continue to fail, the Haneda slots will be assigned to American Airlines (AAL). Hawaiian is the only airline to have operated Haneda service continuously and successfully since the slot rights were granted. Our proposal provided more seats and would have resulted in more travelers flying between Japan and the United States than either Delta's or American's proposal. Kona is the largest unserved market in this proceeding, and Hawaiian's proposed route would have generated more economic benefit than that offered by either Delta or American. None of these facts are in dispute by the DOT. Sadly, by dismissing Hawaiian's proposed Kona route as just simply being additive to the routes already serving Hawaii, the DOT has once more failed to appreciate the geography of the 50th state. Kona and Honolulu are separate markets, separate communities and indeed are located on separate islands. The tentative ruling also reveals a long-held institutional bias among decision makers favoring the interests of U.S. business travelers over those of U.S. travel-related businesses and travelers in general. Hawaiian will be considering its next steps in this proceeding in the coming days."
March 27, 2015
15:45 EDTDALDelta Air Lines issues statement on DOT tentative decision on Haneda slots
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March 26, 2015
10:00 EDTDLAKYLufthansa CEO 'stunned' by prosecutor conclusion of Germanwings crash, AP says
Lufthansa CEO Carsten Spohr said he is "stunned" by a French prosecutor's conclusion that the co-pilot of Germanwings plane intentionally caused Tuesday's crash, reports the Associated Press. Speaking to a news conference, Spohr said "We choose our staff very, very carefully", adding that pilots undergo yearly medical examinatoins. Germanwings is a subsidiary of Lufthansa. Reference Link
08:11 EDTDALDelta Air Lines volatility flat as WTI trades above WTI crude trades above $51
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March 25, 2015
14:36 EDTDALDelta Air Lines, Virgin Atlantic expand trans-Atlantic partnership
Delta Air Lines and Virgin Atlantic Airways are expanding their trans-Atlantic partnership with the introduction of six new daily services. The two airlines begin their summer schedule this weekend and will offer up to 39 return trans-Atlantic flights a day between the U.K. and 15 destinations across North America. Further joint-venture services will be introduced later in the summer. Virgin Atlantic Limited is a joint venture owned by the Virgin Group and by Delta.
06:16 EDTAALAmerican Airlines merging US Airways' Dividend Miles plan, AAdvantage, WSJ says
American Airlines is planning to combine two of its loyalty programs in the next few days: The frequent-flier program of its US Airways merger partner and the American AAdvantage plan, The Wall Street Journal reports, citing comments from AAdvantage President Suzanne Rubin. The "multistep, multiday process" will not be completed until early April and will transfer 30M accounts held by US Airways Dividend Miles customers into AAdvantage accounts. Reference Link
March 24, 2015
12:57 EDTAALAmerican Airlines management to meet with SunTrust
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09:23 EDTAALHouse Transportation & Infrastructure Committee to hold a hearing
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08:04 EDTAAL, UAL, DALAirline estimates may have to come down, buy on weakness, says Cowen
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March 23, 2015
08:13 EDTDAL, AALBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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March 20, 2015
10:51 EDTDALStocks with call strike movement; DAL CELG
Delta Air Lines (DAL) September 57.5 call option implied volatility decreased 1% to 34, Celgene (CELG) July 145 call option implied volatility increased 3% to 28 according to IVolatility.
07:38 EDTDLAKYLufthansa pilot strike extended to Saturday, WSJ says
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March 19, 2015
09:49 EDTDLAKYLufthansa expects to operate 75% of flights despite strike, AFP reports
Lufthansa aims to operate approximately 75% of flights on Friday despite a third consecutive day of pilot strikes, reports the AFP. A company spokesman said, "We're assuming for the moment that the number of flights that can take off and land tomorrow will be of the same magnitude as on Wednesday... We're counting on around three quarters of all flights in the entire Lufthansa group -- including Swiss, Austrian and Germanwings -- going ahead." Reference Link
March 18, 2015
07:49 EDTAALAmerican Airlines management to meet with Deutsche Bank
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06:07 EDTDLAKYLufthansa pilots begin two-day strike, Reuters says
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