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Exclusive: Airline ETF Manager Weighs In On Industry In Light Of DOJ Investigation
Wednesday, July 1, 2015 - 3:52pm | 488Read More...Airliners are selling off late in the day on Wednesday following news from the Department Of Justice that airliners would be investigated for collusion on airfares. Benzinga spoke with Frank Holmes, manager of the U.S. Global Jets ETF (NYSE: JETS) for his take on the news. Holmes highlighted...
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Morgan Stanley Survey: The Market's Least Favorite Airline Is…
Tuesday, May 19, 2015 - 8:27am | 464Read More...In a report published Tuesday, Morgan Stanley analyst William Greene discussed feedback he had received to asking investor opinion which airline stock has the least upside. According to Greene, the responses were "fairly diverse" but Virgin America Inc (NASDAQ: VA) was a standout. The...
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Analyst: Watch The Cash Transfer From Big Oil To Big Airlines
Friday, March 20, 2015 - 11:19am | 488Read More...In a report published Friday, Wolfe Research analyst Hunter Keay suggested that after nearly a decade of airlines funding the oil industry, it appears the reverse could happen in 2015. Keya noted that U.S. airlines under his coverage are expected to return $9.9 billion to shareholders through...
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Credit Suisse Notes An 'Unlikely Dynamic' At Spirit Airlines; Firm Is Bullish
Friday, February 13, 2015 - 9:45am | 257Read More...Julie Yates of Credit Suisse on Friday initiated coverage of Spirit Airlines Incorporated (NASDAQ: SAVE) with an Outperform rating and $100 price target, as the company is still early in the growth phase. Spirit Airlines' strategy is to attract the price-conscious traveler by offering fares...
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Imperial Capital Expects Alaska Air Group To Report Record Fourth Quarter Results
Tuesday, January 13, 2015 - 12:04pm | 211Read More...Bob McAdoo of Imperial Capital commented on Tuesday that Alaska Air Group, Inc. (NYSE: ALK) is expected to report record fourth quarter results following its investor update. Alaska Air Group announced on January 9 that it expects its PRASM (Passenger Revenue Per Available Seat Mile) for the...
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Airline Earnings: Southwest, American Airlines, JetBlue Were All Flying Higher
Thursday, October 23, 2014 - 4:34pm | 506Read More...Several airlines reported earnings on Thursday morning. Investors and traders have been paying particularly close attention to the group in recent weeks as oil prices tumbled while the Ebola scare placed a negative sentiment on the entire sector. Southwest Airlines: Improving Metrics...
