-
Dahlman Rose Provides Color on Copa Holdings
Tuesday, June 14, 2011 - 8:10am | 129Dahlman Rose provided color on Copa Holdings (NYSE: CPA) after attending the company's analyst day. In a research report published today, Dahlman Rose states, "Copa Holdings "Hub of the Americas" continues to provide the company a significant competitive advantage... Copa also starts operating six...
-
Citigroup Raises PT on Alaska Air Group to $79
Tuesday, June 14, 2011 - 5:56am | 27Citigroup has raised the price target on Alaska Air Group (NYSE: ALK) from $77 to $79 and maintains its Buy rating.
-
SkyWest Reports Combined May Departures for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines up 49.6%
Monday, June 13, 2011 - 1:34pm | 111SkyWest, Inc., (NASDAQ: SKYW) reported a 49.6 percent increase in departures to 118,078 for May compared to 78,943 for the same period last year. Passenger boardings for May increased 53.0 percent to 4,883,414 compared to 3,192,484 for the same period last year. SkyWest also reported a 60.8...
-
Dahlman Rose Reiterates Hold on Republic Airways
Monday, June 13, 2011 - 9:08am | 96Dahlman Rose is out with its report today on Republic Airways (NASDAQ: RJET), reiterating Hold. In a note to clients, Dahlman Rose writes, "We believe investors should remain on the sidelines in the short term as there are economic concerns, volatile fuel prices, and short-term revenue issues....
-
UPDATE: Bank of America Merrill Lynch Upgrades Republic Airways to Neutral
Monday, June 13, 2011 - 8:21am | 122Bank of America Merrill Lynch is out with its report today on Republic Airways (NASDAQ: RJET), upgrading RJET from Underperform to Neutral. In a note to clients, Bank of America Merrill Lynch writes, "Hubs rarely support two airlines, let alone three, and we continue to question the viability of...
-
Alaska Air Group Announces up to $50M Stock Repurchase Program
Monday, June 13, 2011 - 8:01am | 88Alaska Air Group Inc. (NYSE: ALK) today announced that its board of directors approved a stock repurchase program authorizing the company to buy up to $50 million of its common stock. The company intends to finance the repurchases with cash on hand. The repurchase program authorizes the company...
-
Bank of America Upgrades Republic Airways To Neutral, $5 PO
Monday, June 13, 2011 - 7:24am | 26Bank of America has upgraded Republic Airways (NASDAQ: RJET) from Underperform to Neutral and maintains its $5 price objective.
-
Merger Arbitrage Mondays – June 13, 2011
Monday, June 13, 2011 - 4:23am | 4945There was no activity on the Merger Arbitrage front last week as no new deals were announced. Four pending deals closed. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals...
-
LAN Airlines Monthly Statistics Report for May 2011; System Passenger Traffic Increased 19.6%
Wednesday, June 8, 2011 - 5:05pm | 251LAN Airlines S.A. and its subsidiaries (NYSE: LFL) today reported its preliminary monthly traffic statistics and punctuality indicators for May 2011. During May, system passenger traffic increased 19.6% as capacity rose 14.2%. As a result, the Company's load factor for the month increased 3.5...
-
Copa Holdings' Consolidated Traffic for May Grows 29.2%
Wednesday, June 8, 2011 - 1:08pm | 124Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for May 2011: For the month of May 2011, Copa Holdings' system-wide passenger traffic (RPM) increased 29.2%, while capacity (ASM) increased 23.1%. System load factor for May 2011 was 76.3%, a 3.6 percentage...
-
Southwest Airlines May Traffic up 10.6%
Tuesday, June 7, 2011 - 9:01am | 116Southwest Airlines Co. (NYSE: LUV) today reported May 2011 traffic results for Southwest Airlines and AirTran Airways. AirTran Airways became a wholly owned subsidiary of Southwest Airlines Co. on May 2, 2011. For purposes of comparability, the Company is providing combined traffic results for...
-
Frontier Airlines Reports a 4% Increase YoY for May 2011 Traffic
Monday, June 6, 2011 - 12:37pm | 79Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ: RJET), today reported preliminary traffic results for May 2011. Frontier's traffic increased 4% to 1.1 billion revenue passenger miles (RPMs) while capacity was up 1% to 1.3 billion available seat miles (ASMs). Frontier Airlines...
-
Republic Airways Reports 2% YoY Increase in May 2011 Traffic
Monday, June 6, 2011 - 12:31pm | 78Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for May 2011. The Company generated 1.9 billion revenue passenger miles (RPMs), a 2% increase from the same month last year, while capacity was up 1% to 2.3 billion available seat miles (ASMs). Block...
-
Merger Arbitrage Mondays – June 6, 2011
Monday, June 6, 2011 - 6:43am | 4795Merger activity increased last week with four new deals announced and eight closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 87 Total Number of Deals...
-
Alaska Air Group May Traffic Increases 9.1%
Friday, June 3, 2011 - 1:18pm | 172Alaska Air Group, Inc. (NYSE: ALK) today reported May operational results for its subsidiaries, Alaska Airlines and Horizon Air. Alaska reported an 11.7 percent increase in traffic on a 7.4 percent increase in capacity compared to May 2010. This resulted in a 3.3-point increase in load factor to a...