|Bid||81.19 x 1100|
|Ask||82.02 x 1400|
|Day's range||81.23 - 82.47|
|52-week range||67.93 - 97.85|
|Beta (3Y monthly)||1.13|
|PE ratio (TTM)||9.75|
|Earnings date||15 Jul 2019 - 19 Jul 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||104.06|
United Airlines says it will cut about 100 accounting jobs in Houston in July and shift the work to a contractor. The airline reported the layoffs in a letter this week to the Texas Workforce Commission. A United spokeswoman said Friday the airline is providing job-search help.
NEW YORK/CHICAGO (Reuters) - U.S. fliers still consider ticket prices the most important factor when choosing a flight, according to a Reuters/Ipsos poll, suggesting two fatal crashes of Boeing Co 737 MAX jets have had little impact on consumer sentiment. In the public opinion poll released May 15, only about half of U.S. adults say they are familiar with the airplane crashes in Indonesia and Ethiopia that together killed 346 people, and only 43% could identify the Boeing 737 MAX as the aircraft involved. Most importantly for Boeing in the wake of the crashes, only 3% said that aircraft maker or model number was most important to them when buying a plane ticket.
Both (AAL) (ticker: AAL) and United Continental (UAL) have trailed the market this year, although analysts think both stocks deserve a second look. The entire airline industry has been dominated by uncertainty surrounding of the grounding of (BA)’s (BA) 737 MAX jets, which has disproportionately affected American. On Monday, Bank of America Merrill Lynch’s Andrew Didora reiterated a Buy rating and $94 price target on United, after a meeting last week with management bolstered his bull thesis on the shares.
Airline Stocks Beat Expectations in Q1(Continued from Prior Part)Bumpy rideAirline stocks have had a rough ride this year so far, with most underperforming the broader market. The US Global Jets ETF (JETS), which invests in passenger airlines, has
Airline Stocks Beat Expectations in Q1(Continued from Prior Part)Utilization rateMany airline companies are focusing on traffic-driving initiatives such as disciplined capacity additions, marketing, and promotional offers to improve their
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Airline Stocks Beat Expectations in Q1(Continued from Prior Part)Major airlines’ marginsAirline companies’ latest earnings releases show mixed profitability—some pretax margins have improved YoY (year-over-year), while others have contracted.
Software updates planned for Boeing Inc.’s troubled 737 Max 8 aircraft, grounded worldwide after two deadly crashes, may not be enough to satisfy critics.
Warren Buffett on Outperformance, Buybacks, and His Nightmare(Continued from Prior Part)“Elephant-sized acquisition”In his 2018 annual letter, Berkshire Hathaway (BRK-B) CEO Warren Buffett said that he and Vice Chair Charlie Munger “hope for
United Airlines said on Friday it expects to cancel about 900 flights in May and around 130 in April due to the grounding of Boeing's 737 MAX jets. The airline has decided to pull all MAX aircraft through ...
NEW DELHI/MUMBAI (Reuters) - The grounding of India's Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation's biggest airline. Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd. In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.
Southwest Airlines Soared on Q1 Earnings and Revenue Beat(Continued from Prior Part)Strong unit revenue outlookSouthwest Airlines (LUV) has provided impressive guidance for the second quarter, which suggests the second-largest US air carrier is
Higher Revenue and Lower Costs Drove Spirit Airlines' Q1 Earnings(Continued from Prior Part)Strong unit revenue outlook Buoyed by its strong first-quarter performance, Spirit Airlines (SAVE) has provided impressive guidance for the second quarter,
Southwest Airlines Soared on Q1 Earnings and Revenue BeatSouthwest beats estimates Southwest Airlines (LUV) was trading ~3% higher during pre-market trading today after the company reported better-than-expected results for the first quarter. The
Higher Revenue and Lower Costs Drove Spirit Airlines' Q1 EarningsFirst-quarter resultsSpirit Airlines (SAVE) reported robust first-quarter results on April 24. Its top and bottom lines both increased significantly on a YoY basis. Moreover, the
Berkshire’s Cash Pile Sparks Acquisition Rumors—Buffett DeniesCash pileOn April 24, CNBC reported that Berkshire Hathaway’s (BRK-B) chair, Warren Buffett, had categorically denied that the company was buying PG&E Corporation (PCG). Buffett