|Bid||625.80 x 123000|
|Ask||626.20 x 327100|
|Day's range||624.40 - 632.38|
|52-week range||516.00 - 773.19|
|PE ratio (TTM)||5.50|
|Earnings date||4 May 2018|
|Forward dividend & yield||0.26 (4.05%)|
|1y target est||7.36|
JetBlue's (JBLU) traffic rises in February. However, load factor remains flat as traffic growth is in line with capacity expansion. Additionally, the carrier alters first-quarter 2018 RASM view.
Hawaiian Holdings' (HA) unit raises view for first-quarter RASM on the back of healthy demand for air travel. Additionally, the carrier alters outlook for capacity and unit costs for Q1 and 2018.
At an aviation summit in Brussels this past week, Europe’s main airlines put on a display of unity over the challenges ahead. But the industry’s chief executive officers were divided when it came to the ...
Thomas Cook Airlines believes a transition period following Britain's exit from the European Union is important to allow time to clarify new rules regarding flying rights, ownership and safety regulations, an executive said. "The clock is ticking," Christoph Debus, head of the travel group's airline business, told Reuters in an interview at the ITB travel trade fair. British airlines currently have unlimited flying rights to, from and within the European Union as part of an EU's single aviation market.
Budget airline Eurowings is interested in cooperating with other carriers on bookings with connecting flights, much like rivals Ryanair and easyJet have done, its chief commercial officer said on Thursday. Ryanair said this week that it could provide connections with long-haul airlines in the future after signing a deal with Aer Lingus, while Britain's easyJet last year signed a connecting flights agreement with Norwegian Air Shuttle (LSE: 0FGH.L - news) .
Virgin Atlantic's chief executive said he was confident a deal would be done to secure Britain's flying rights after Brexit, as the airline launched an extra legroom economy seat to try to stand out from the crowd amid intense competition. British airlines want to be able to continue to benefit from European Union flying rights after Brexit, and the British government has said it will try to secure an open-access deal, but a recent Financial Times report suggested the UK was encountering problems in its negotiations. Craig Kreeger, the CEO of Virgin, which primarily flies between the UK and North America, said he believed Britain would secure a deal similar to what it already has under the European Union-United States Open Skies agreement.
Virgin Atlantic said it would offer a new type of economy seat with extra legroom, as it tries to stand out from the crowd at a time when low-cost airlines are intensifying competition on trans-Atlantic (Shanghai: 600558.SS - news) routes. The British-based airline, partly owned by U.S. carrier Delta, said on Wednesday that it would refit the cabins of its Boeing (NYSE: BA - news) 787 Dreamliners to offer a new type of economy seat with legroom of 34 inches (86 cms), bigger than the current economy offering of 31 inches. The airline is increasingly competing against low-cost carriers such as Norwegian Air Shuttle (LSE: 0FGH.L - news) , Canada's Westjet and Iceland's Wow Air, which are all stepping up expansion on routes between North America and Europe.
Passengers can sue airlines for compensation in the country where their trip ends when a delay in the first leg of their journey causes them to miss connecting flights, the EU's top court said on Wednesday. If they fly on a single booking, passengers can seek compensation in court at their final destination, even if the airline only carried them to their first stop, the court said. Air carriers have an obligation "to carry a passenger from point A to point C," the Court of Justice of the European Union said in a ruling.
Latvia's Air Baltic sees less pressure to find a new investor quickly, after its financial performance improved over the last year, its chief executive said on Tuesday. The Latvian government, which owns 80 percent of the carrier, had aimed to find a new investor by the end of last year but the process is still ongoing, Martin Gauss told Reuters on the sidelines of an Airlines For Europe conference in Brussels. "What has changed ... is that our performance has significantly improved.
The chief executive of British Airways-owner IAG is confident a deal will be done to secure Britain's flying rights after Brexit, he said on Tuesday, dismissing a recent media report and a rival airline's prediction of disruption. IAG's Willie Walsh told the Airlines For Europe conference that he expects Britain to secure deals to allow planes to keep flying and that he is relaxed about Brexit.
Spirit Airlines (SAVE) increases guidance for first-quarter and 2018 costs on higher expenses associated with the recently ratified five-year pilot contract.
IAG could consider buying more A380s from Airbus if the superjumbo was cheaper, CEO Willie Walsh said, adding that he was also looking at planes for the airline group's new carrier Level. IAG operates the British Airways, Iberia, Vueling and Aer Lingus airlines, as well as Level, a low cost unit launched last year which flies between Europe and the United States. IAG already operates 12 A380s, and could be interested in buying more if Airbus improved the pricing, Walsh said, although the airline was not currently negotiating with Airbus.
Ryanair is actively talking to Vienna Airport about starting routes from the Austrian capital in the next 12 to 18 months, its chief executive said on Tuesday. Ryanair currently flies from Bratislava, ...
Lufthansa (Xetra: LHAB.DE - news) expects the European Commission will put pressure on Italy to find a solution for ailing flag carrier Alitalia (Stuttgart: 2278962.SG - news) , the German group's chief executive said on Tuesday. "I am certain Brussels will increase pressure and force a solution and then we will take a look to see if it offers any chances for us," Carsten Spohr told journalists on the sidelines of an Airlines for Europe event in Brussels. Spohr said he expected there would be more merger activity among airlines in Europe.
IAG would consider buying more A380s from Airbus if the planemaker improves the pricing of the superjumbo, the airline group's chief executive said on Tuesday. "The pricing that Airbus has offered in the past is unacceptable to us," IAG boss Willie Walsh said on the sidelines of a conference hosted by industry body Airlines for Europe. "We've said very clearly to Airbus if they want to sell A380s they need to be aggressive on pricing and when they work out how to sell the aircraft, knock on our door and we'll talk to them," he said.
The chief executive of British Airways owner IAG says he is feeling relaxed over Britain's upcoming exit from the European Union. "I'm personally very relaxed," he said at a meeting of industry ...
A connection deal between Ryanair and IAG's Aer Lingus could serve as a model for future cooperation between Europe's largest low-cost airline and long-haul carriers, Ryanair chief executive Michael O'Leary said on Tuesday. Ryanair and Aer Lingus have signed a co-operation agreement to offer connecting flights on each other's services, Aer Lingus's CEO was quoted as saying on Sunday. "I would hope that at some stage next summer, you will see us feeding Aer Lingus' transatlantic flights out of Dublin, and once we've done it once, I think we will provide a significant feed to lots of long-haul airlines," O'Leary told a news conference in Brussels.
Delta (DAL) posts a substantial rise in February traffic owing to higher demand for air travel. Load factor in the month increases on the back of traffic growth outpacing capacity expansion.
Ryanair and IAG's Aer Lingus have signed a co-operation agreement to offer connecting flights on each other's services, the Aer Lingus CEO was quoted as saying on Sunday. In a first for Ryanair, Europe's largest budget airline will feed passengers from some of its European routes onto its Irish rival's transatlantic services, while Aer Lingus will connect onto Ryanair services to various European destinations.
DUBLIN/LONDON, March 3 (Reuters) - Airports reopened and public transport began to grind back into service on Saturday (Shenzhen: 002291.SZ - news) after the worst snowstorms in nearly 30 years caused two days of major disruption in Britain and shut most of Ireland (Other OTC: IRLD - news) . A blast of Siberian cold dubbed "the Beast from the East" combined with Storm Emma's arrival from the south to ground planes, shut schools and in Ireland, knock out the entire public transport network with weather rarely seen in either country. Flood warnings were issued on Saturday due to the melting snow, which in Scotland had led to snow drifts up to 10 feet (three metres) deep, according to ScotRail.
EDINBURGH/DUBLIN, March 1 (Reuters) - Snow storms from Siberia blasted Britain and Ireland on Thursday with the worst weather since 1991, trapping several hundred motorists on roads in Scotland, closing thousands of schools, grounding planes and halting trains. With (Other OTC: WWTH - news) up to 90 cm of snow and temperatures as low as minus 10.3 Celsius in Scotland, Britain and Ireland issued their most severe red warnings which advise people to stay at home as travel is too dangerous.
Sentiment has turned when it comes to investing in airlines, as investors fret that rising fuel prices, excessive expansion plans, and creeping costs threaten future earnings.