Airline Stocks In News: Delta Air Lines (NYSE:DAL), American Airlines Group (NASDAQ:AAL), Spirit Airlines Incorporated (NASDAQ:SAVE), The Boeing Company (NYSE:BA)

FB Nasdaq FB Facebook

Italian airline Alitalia on May 15, 2014 confirmed that it is suspending service to Venezuela between the start of June and the end of October because of growing disputes over delays in repatriating revenue under the country’s currency controls. Major airlines flying to Venezuela include American Airlines, Lufthansa, Delta Delta Air Lines, Inc. (NYSE:DAL), Avianca. Delta Air Lines, Inc. (NYSE:DAL) stock performance was -0.81% in last session and finished the day at $38.13. Traded volume was 11,211,400 shares in the last session and the average volume of the stock remained 11.82 million shares. The beta of the stock remained 0.96. Delta Air Lines, Inc. (NYSE:DAL) insider ownership is 0.40%.

American Airlines Group Inc (NASDAQ:AAL), on May 8, 2014 announced its traffic results for the month of April 2014. The Company reported an increase of 4.7% YoY in the total revenue passenger miles (RPMs) in April 2014 to 18.1 billion. Total capacity for the month came in at 21.8 billion available seat miles (ASMs), up 3.7% YoY. The total passenger load factor was 82.9% for the month, up 0.7 points. American Airlines continues to expect an increase of 4% to 6% in Q2 2014 consolidated passenger revenue per available seat mile. American Airlines Group Inc (NASDAQ:AAL) dropped -1.67% to $38.19 yesterday on volume of 10,673,900 shares. The intra-day range of the stock was $37.48 – 38.73. American Airlines Group Inc (NASDAQ:AAL) has a market capitalization of $27.50 billion.

Ultra-discount airlines are creating a business of ultra-low fares along with fees for everything from snacks to printed boarding passes. Spirit Airlines Incorporated (NASDAQ:SAVE) embodies the ultra-discount airline by offering fares as low as $9, some of the least legroom in the industry, and charging fees for almost everything, including carry-on bags. Spirit Airlines Incorporated (NASDAQ:SAVE)’s stock on May 15, 2014 reported a decrease of -1.35% to the closing price of $55.16. Its fifty two weeks range is $28.01 – 63.89. The total market capitalization recorded $4.01 billion. The overall volume in the last trading session was 664,100 shares. In its share capital, Spirit Airlines Incorporated (NASDAQ:SAVE) has 72.74 million outstanding shares.

The Boeing Company (NYSE:BA) and Scoot today announced a five-year pilot training agreement to support the Singapore -based airline’s fleet transition to 787 Dreamliners. Under the agreement, Boeing Flight Services, a business unit of Boeing Commercial Aviation Services, will provide 787 flight training to Scoot pilots at Boeing’s Singapore training campus. In 2014 alone, an anticipated 32 Scoot pilots will undergo training. On Thursday, shares of The Boeing Company (NYSE:BA) dropped -1.34% to close the day at $131.21. Company return on investment (ROI) is 20.10% and its monthly performance is recorded as 6.17%. The Boeing Company (NYSE:BA) quarterly revenue growth is 1.89%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone