Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
Author: Ally Schmidt
American Airlines (AAL) reported its third-quarter earnings results before the market opened on October 25.
Southwest Airlines (LUV) reported its Q3 2018 results before the markets opened on October 25. Its revenues rose 5.1% YoY to $5.6 billion.
JetBlue Airways’ capacity growth has slowed down in the past few months.
In August, Southwest Airlines’ (LUV) capacity increased 2% YoY (year-over-year) after recording growth of 3.2% in July.
Although Boeing (BA) is increasing aircraft production, its suppliers haven’t caught up and aircraft are stacking up outside its plants.
Delta Air Lines (DAL) just reported that it flew 18.3 million passengers last month—the most ever for the month of August and 4% higher than last August.