Spirit Airlines Inc

Alaska Airlines (NYSE:ALK) will likely report its second-quarter results on July 23 after the market opens. For now, the company will avoid pilot furloughs.

American Airlines (NASDAQ:AAL) will likely report its earnings for the second quarter of fiscal 2020 before the market opens on July 23.

Spirit Airlines (NASDAQ:SAVE) is set to report its fiscal 2020 second-quarter results on July 23. Analysts expect losses and a decline in revenue from almost all airlines.

JetBlue Airways (NASDAQ:JBLU) reported its results for the first quarter of fiscal 2020 on May 7. So far, 2020 has been bad for the airline industry.

Spirit Airlines (NASDAQ:SAVE) reported its results for the first quarter of fiscal 2020 on Thursday. The company’s first-quarter revenue missed the estimates.

Spirit Airlines (NASDAQ:SAVE) will likely report its results for the first quarter of fiscal 2020 on May 7 when the market opens.

JetBlue Airways (NASDAQ:JBLU) will likely report its results for the first quarter of fiscal 2020 on May 7 after the market opens.

United Airlines fell by 14.7% on May 1. The airline mentioned in its preliminary results that it would report a loss close to $2 billion.

United Airlines will likely report its results for the first quarter of fiscal 2020 on May 1. The company expects to report a loss of $2.1 billion.

American Airlines will likely report its results for the first quarter of fiscal 2020 on April 30. Analysts aren’t hopeful about the first-quarter results.

Airline stocks’ performance has gone downhill since the COVID-19 pandemic hit. Most industries were hit, but the travel industry took a bigger blow.

United Airlines (NYSE:UAL) stock fell 8% in early trading on Monday after the company reported preliminary first-quarter losses.

United Airlines (NYSE:UAL) has fallen 3.7% in pre-market trading as of 7:03 AM ET today. The airline industry has been hit hard by the COVID-19 pandemic.

Airline stocks were among the few industries that lagged last year’s broader market rally. The broader US stock market had a remarkable run last year.

Airbus received firm orders for its 100 A320neo family aircraft from the US-based low-cost carrier Spirit Airlines (SAVE).

Almost every US airline stock soared last Friday after the US Department of Labor reported stronger-than-expected job market data.

United Airlines has chosen Airbus for its new aircraft requirements. On December 3, it placed orders for 50 new long-range, single-aisle Airbus A321XLRs.

Airline stocks fell sharply yesterday after Donald Trump warned that a trade deal with China may be delayed. Trump said, “I have no deadline.”

For Boeing, most of 2019 has been about the 737 MAX. It’s curbed the decision about whether to build its 797 model until the 737 MAX crisis is resolved.

The 2019 Dubai Airshow brought good news for Boeing. The company logged new requests for its troubled 737 MAX aircraft after several months of frozen orders.

This morning, Boeing (BA) received a major boost for its troubled 787 Dreamliner, whose order backlog has depleted rapidly.

The second day of the Dubai Air Show was quite eventful. Boeing and Airbus were both vying for new contracts, but Airbus stole the spotlight.

With a year-to-date return of 21.9%, JetBlue Airways (JBLU) stock is one of the airline industry’s top performers. Here are analysts’ views on the stock.

Boeing (BA) may lose another multibillion-dollar aircraft order to Airbus as its fast-selling 737 MAX aircraft remain grounded.

Analysts have remained bullish about United Airlines stock. The analysts polled by Reuters provided a consensus “buy” recommendation on the stock.

Boeing has reportedly lost a huge aircraft order to Airbus. According to Reuters, GE Capital Aviation Services has ordered 25 Airbus planes.

Airline stocks gained altitude in October. The third-quarter results eased investors’ concerns about the global economic slowdown and the MAX grounding.

Last week, Boeing (BA) lost a multi-billion-dollar order to its arch-rival Airbus. There’s still uncertainty about the 737 MAX’s return.

Last week, the broader market sell-off battered US airline stocks. New tariffs on Airbus planes and dismal economic data impacted the long-term growth prospects.

Southwest Airlines (LUV) announced that its new service between Sacramento and Honolulu would begin on November 10—two months early.

On Thursday, Delta Air Lines announced a partnership with LATAM Airlines in a deal worth $2.25 billion. Delta will acquire a 20% stake in LATAM.

Southwest Airlines (LUV) stock, which has been impacted by labor disputes and Boeing’s (BA) 737 MAX crisis, has managed to rebound.

Bank of America (BAC) analyst Andrew Didora has become more selective on airline stocks. He upgraded Southwest Airlines (LUV).

One of 2018’s top airlines, United Airlines stock has struggled to gain altitude in 2019. UAL has returned ~9% YTD, lagging the broader market.

A sudden increase in the fuel cost due to the Saudi oil attack could have a massive impact on airlines’ profitability in upcoming quarters.

The year so far hasn’t gone well for airline stocks, as the majority have underperformed the broader markets. The US Global Jets ETF (JETS) is up just 1.2% year-to-date.

Spirit Airlines (SAVE) has been able to post over 50% YoY earnings growth for the last three quarters.

Airline stocks have had a rough ride in the first half of 2019, and the majority of them have underperformed the broader market.

The majority of the airline stocks have underperformed the broader market returns this year so far. The US Global Jets ETF (JETS), which invests in the cargo and passenger airlines, is up 9.6% YTD.

US airline stocks gained massively on June 13 after a JPMorgan Chase analyst said that the carriers are lifting fares more rapidly than anticipated. The analyst believes that in addition to the strong travel demand, US air carriers are also benefiting from a reduction in the supply of flights and seats due to the worldwide grounding of Boeing’s 737 MAX jets.

Airline stocks have had a rough ride this year so far, with most underperforming the broader market.

Analysts recommend “buy” for most airline stocks. Goldman Sachs’ (GS) top picks are American Airlines (AAL) and Spirit Airlines (SAVE), and Credit Suisse’s (CS) favorites are Alaska Air Group (ALK) and Southwest Airlines (LUV).

Buoyed by its strong first-quarter performance, Spirit Airlines (SAVE) has provided impressive guidance for the second quarter.

Spirit Airlines (SAVE) reported robust first-quarter results on April 24.

Spirit Airlines is scheduled to report its first-quarter results on April 25. The airline has an impressive record of beating earnings estimates.

Analysts have mixed views about Southwest Airlines (LUV) stock after the company lowered the unit revenue outlook for the first quarter on March 27.

Analysts expect American Airlines to report an adjusted EPS of $0.51—down 32.4% on a YoY (year-over-year) basis.

Analysts do not seem very optimistic about Hawaiian Airlines (HA) in the near term.

WTI oil prices fell ~17% from their peak of $76.40 per barrel on October 3 to $63.58 on April 11.

American Airlines (AAL), the fourth-largest US air carrier, is expected to report its first-quarter 2019 results on April 24.

Analysts have mixed opinions about Southwest Airlines (LUV) stock. The stock has received a consensus “buy” recommendation.

Raises outlook Delta Air Lines (DAL) shares jumped over 6% on April 2 after the company increased its first-quarter guidance. The airline cited robust passenger demand and a renewed credit-card deal with American Express (AXP) as the main reasons behind the upbeat guidance. Delta now expects its first-quarter revenues to increase by 7% YoY (year-over-year), […]

With a market capitalization of ~$29 billion, Southwest Airlines (LUV) is the second-largest airline company in the United States.

Analysts have provided a consensus “buy” rating on American Airlines. Approximately 60% of the analysts have provided a bullish recommendation.

Barclays, a major investment research firm, sees more upside potential in Spirit Airlines (SAVE) stock.

On February 20, Goldman Sachs downgraded Southwest Airlines. The company’s new Hawaii route might put pressure on its profits.

Delta Air Lines (DAL) could be an intriguing choice for investors, according to analysts’ ratings.

United Airlines could be an intriguing choice for investors. About 62% of the analysts have provided bullish recommendations on the airline.

On February 5, Spirit Airlines (SAVE) reported strong fourth-quarter results. The company’s top and bottom line increased significantly.

In the third quarter, Spirit Airlines’ adjusted pre-tax income grew 27% YoY to $130.7 million. The fuel cost increased 31.8% during the quarter.

For the fourth quarter, analysts expect an adjusted EPS of $1.38 for Spirit Airlines, which implies a rise of 89% YoY (year-over-year).

JetBlue Airways (JBLU) is scheduled to report its fourth-quarter earnings results on January 24.

United Airlines (UAL) is scheduled to report its fourth-quarter earnings results on January 15.

With a market cap of $32.7 billion, Delta Air Lines (DAL) is the largest airline company in the United States.

Delta Air Lines (DAL) shares fell ~9% on January 3 after the company updated its fourth-quarter outlook.

Most of the analysts polled by Reuters have provided “buy” recommendations on stocks in the airline industry.

In November, most of the airline stocks had their biggest gains in 2018. However, airlines’ momentum didn’t last long enough.

Delta has a consensus “buy” rating from analysts covering the stock. About 95% of the analysts provided a bullish recommendation on the stock.

With a return of more than 43% YTD (year-to-date), United Continental (UAL) shares have remained the biggest gainer in 2018.

Until the middle of October, airline stocks had been among the most battered stocks due to concerns about overcapacity and rising fuel prices.

This year so far, airline stocks have been battered on concerns of rising fuel prices and overcapacity—with the exception of United Continental (UAL) and Spirit Airlines (SAVE).

This year so far hasn’t gone well for the entire airline (IYT) industry. Almost every air carrier has registered a decline in its share price, with a few exceptions.

The year so far has not gone well for the entire airline (IYT) industry, with almost every air carrier having registered a decline in its share price.

September is turning out to be a good month for JetBlue Airways’ (JBLU) investors.

American Airlines (AAL) was the last of the three legacy carriers to announce an increase in checked baggage fees on Friday.

Southwest Airlines (LUV) stock has declined 0.5% since its traffic update on September 12.

In August, Southwest Airlines’ (LUV) utilization declined 0.6% YoY (year-over-year) to 84.3% as traffic growth lagged capacity growth.

As of December 22, 2017, five of the 15 analysts (or 33.3%) tracking Spirit Airlines (SAVE) stock have “strong buy” recommendations.

For October, SAVE was ranked third on the metric according to the Department of Transportation. That’s a huge improvement since Spirit has historically been last.

Spirit Airlines has announced that Ted Christie, its current CFO (chief financial officer), will take over as CEO at the beginning of 2019.

Spirit Airlines’ (SAVE) capacity is expected to increase 17.5% YoY in the fourth quarter of 2017, leading to a 2017 capacity growth of about 16.5%.

Right now, 36.8% of the analysts tracking Southwest Airlines (LUV) stock have given it “strong buy” ratings. Another 52.6% of analysts have “buy” ratings on the stock.

In November 2017, Southwest Airlines’ (LUV) traffic grew 3.4% year-over-year (or YoY). This growth was higher than its capacity growth of 2.5% YoY in the same month.

United Continental’s board has approved a new share buyback program worth $3 billion—approximately 17% of the company’s market cap of $18 billion at the time of the announcement.

For the fourth quarter of 2017, analysts are expecting United Continental’s (UAL) revenue to rise 1.9% YoY (year-over-year) to $9.2 billion.

Southwest Airlines (LUV) currently has the highest forward EV-to-EBITDA multiple of 6.9x among its peers.

ALK’s 3Q17 net income fell 3.9% YoY to $266.0 million, leading to earnings per share (or EPS) of $2.24 and missing analysts’ estimates of $2.26 per share.

Analysts’ recommendations Of the 17 analysts tracking Southwest Airlines (LUV), 36.8% of the analysts (seven analysts) gave a “strong buy” rating on the stock, while another 47.4% (nine analysts) gave a “buy” rating. The remaining 15.8% (three analysts) gave a “hold” rating. None of the analysts gave a “sell” or “strong sell” rating on the […]

Southwest Airlines ended 3Q17 with ~$3.0 billion in cash on its balance sheet.

Southwest Airlines (LUV) reported its 3Q17 earnings on October 26. LUV missed its consensus estimates for revenues while beating its estimates for earnings per share.

Currently, American Airlines (AAL) is trading at a forward EV-to-EBITDA ratio of 6.7x.

At the end of 2Q17, American Airlines had ~$6.9 billion of cash on its balance sheet.

JetBlue Airways (JBLU) is expected to release its third-quarter earnings on October 24, 2017. In this series, we’ll look at its expansion plans, declining profitability, and valuations.

Delta Air Lines’ (DAL) average traffic increased 3.4% YoY to 61.0 million passenger miles for 3Q17. For the first nine months of 2017, traffic has increased 2.1% to 166.5 billion miles.

Delta Air Lines (DAL) reported its 3Q17 results on October 11, 2017. It managed to beat Wall Street analysts’ estimates for both revenue and profits. Its revenue rose 5.5% YoY.

Historically, JBLU has seen the highest capacity growth among the seven major airlines.

As of September 21, 30.8% (four analysts) out of the 13 analysts tracking Spirit Airlines (SAVE) had a “strong buy” recommendation.

The problems for Spirit Airlines (SAVE) started in early May, when the company ended up canceling hundreds of flights.

After five months of improvement in capacity utilization, Spirit Airlines (SAVE) is back to its old ways. The carrier’s capacity growth has outpaced traffic growth…

Since JetBlue Airways’ (JBLU) traffic growth has been lagging behind its capacity growth, utilizations have fallen for the third straight month.