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Stock Market & Financial Investment News

News Breaks
September 5, 2012
08:03 EDTLCCUS Airways reports August traffic results
US Airways Group announced August and year-to-date 2012 traffic results. Mainline revenue passenger miles for the month were 5.9B, up 5.3% versus August 2011. Mainline capacity was 6.8B available seat miles, up 5.3% versus August 2011. Mainline passenger load factor was 87.3% for the month of August, flat versus August 2011. For the month of August, US Airways' preliminary on-time performance as reported to the U.S. Department of Transportation was 83.5% with a completion factor of 99%.
News For LCC From The Last 14 Days
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May 17, 2013
05:59 EDTLCCStocks with implied volatility movement; FXI LCC
Stocks with implied volatility movement; iShares Trust FTSE/Xinhua China 25 Fund (FXI), US Airways (LCC) according to IVolatility.
May 15, 2013
17:03 EDTLCCSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
May 14, 2013
07:17 EDTLCCBofA/Merrill to host a conference
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May 10, 2013
06:47 EDTLCCDelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link
May 8, 2013
05:44 EDTLCCU.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link

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