SkyWest, Inc. reported a 4.0 percent increase in revenue passenger miles for June, while available seat miles increased 3.2 percent compared to the same period last year. The combined airlines generated 1.69 billion RPMs for the month, while ASMs increased to 2.04 billion. Load factor was up 0.6 percentage points to 82.9 percent compared to 82.3 percent for the same period last year. Passenger boardings for June totaled 3,411,663 a 6.1 percent increase from June 2009.
NEW YORK (MarketWatch) -- Domestic round-trip airfare in the first quarter rose nearly 5% from a year ago to an average of $328, it's second highest level since early 2001, the U.S. Bureau of Transportation Statistics said Wednesday. Average fares were down just 8.3% percent from an all-time high of $358 in the third quarter of 2008, but are off by 25% from 1999 after adjusting for inflation, the agency said. According to the Air Transport Association, airfares appear to be stabilizing. "This is a positive sign for recovery, not just in the airline sector but across the broader...
SkyWest, Inc. Reports Combined June Traffic for SkyWest Airlines and Atlantic Southeast AirlinesPR NewswireST. GEORGE, Utah, July 8ST. GEORGE, Utah, July 8 /PRNewswire-FirstCall/ -- SkyWest, Inc. 2010 07 08 11:40
Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List ? Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong 2010 06 01 17:05
The thought of considering an airline stock as a dividend play is probably foreign to most investors. The airline industry has never been able to consistently produce profits and has spent most of the last decade bleeding red ink.
Reviewing a list of non-dividend paying airlines stocks seems to encapsulate most of the airline industry.
American Airlines (AMR), Delta (DAL), United Airlines (UAUA), Continental Airlines (CAL), US Airways (LCC), JetBlue (JBLU), and AirTran (AAI) don’t offer investors any dividend at all.
There are a couple of domestic airline stocks that do pay dividends, but the dividend yields that they...
Audit Integrity updates its corporate governance rankings for airlines in a new report. Winners include Hawaiian Holdings, Aegean Airlines, Air France – KLM and easyJet. Not faring so well are SkyWest and Icelandair.
For decades, the following question has amused commercial aviation enthusiasts and airline analysts alike: What is a regional airline? In general, a regional airline provides air transport services between a base of operations and airports located in less populous areas. A regional airline’s fleet consists mainly of 9- to 78-seat turboprop aircraft and/or 30- to 108-seat jet aircraft. A regional airline uses said aircraft to operate short-haul (less than 3 hours) and/or medium-haul (3 to 6 hours) flights. More than half of U.S. scheduled passengers flights are operated by regional airlines.
Audit Integrity has identified ten companies that failed its “due diligence test” and whose valuations are based on a degree of investor trust that may not be justified.
In a Chairman’s Corner letter, Audit Integrity’s Jim Kaplan cites the recent scandals involving Bernie Madoff, Lehman Bros, Goldman Sachs and the ratings agencies along with the the due diligence effort that would have protected stakeholders from being damaged.
The following is a white paper by three industry experts making the case that the network airlines that provide essential access to global markets are in danger of slowly liquidating if they are not allowed to merge.Mergers provide a market-driven restructuring solution that effectively allows the network airlines to compete with the emerging low-cost carrier business model.
By Vaughn Cordle, CFA, Paul Mifsud and Carlos Bonilla
It appears that the short haul carriers are picking up market share. Whether it is a company like Allegiant (ALGT) or Continental’s (CAL) Express, many been making strides in this tough climate. At the same time United and American are still increasing load factors. How much is at below market price though in an attempt to fill seats?
The big names are also doing a very good job with what they have...
At the end of each trading week, Hillbent scans the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.
(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point for investment...
The Airline Sector has been on a roll recently. Yesterday, in fact, the AMEX Airline Index (XAL) gained about 1.8%, while the S&P 500 Index (SPX) was down around 0.3%. This group has long been disliked on a fundamental basis due to their low profit margins, poor balance sheets, and unwieldy cost structures.
However, the tape tells all, as they say, and this group has been very strong in the 3rd quarter of 2009. Take a look at how an Airline ETF, Claymore Arca Airline (Add as favourites (0) | Quote this article on your site
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