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Delta Starts Codeshare Flights with GOL
Monday, February 7, 2011 - 12:31pm | 92Delta Air Lines (NYSE: DAL) today announced the start of codeshare service with GOL one of Brazil's largest airlines, immediately adding 15 new destinations to its South American network. Delta is now selling service on 56 GOL flights between Sao Paulo, Rio de Janeiro and Brasilia and 15 Brazilian...
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Options Brief: US Airways, Inc. (LCC)
Monday, February 7, 2011 - 11:38am | 86Shares of US Airways, Inc. (NYSE: LCC) are higher on the session by 5.19%, trading at $9.72. Overall put volume is now running at 3.35x the daily average, with 40% of all puts traded being purchases on the offer. 10,123 contracts have traded on the session so far. US Airways, Inc. is engaged in...
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Top Performing Industries For February 7 (RUK, BECN, BBW, LUV)
Monday, February 7, 2011 - 11:18am | 190At 10:15 am, the Dow gained 0.44% to 12,145.13, the broader Standard & Poor's 500 index moved up 0.51% to 1,317.60 and the NASDAQ composite index rose 0.52% to 2,783.71. The industries that are driving the market today are: Publishing - Periodicals: This industry jumped 1.49% by 10:15 am. The...
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News Summary
Monday, February 7, 2011 - 10:34am | 207Shares of Southwest Airlines Co (NYSE: LUV) gained about 1.8% after the company reported 13.2% y/y rise in its total January traffic. LUV's total January capacity increased 7.5% y/y to 8.19 billion available seat miles. The company's load factor in January increased to 76% from 72.1% last year....
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Southwest Airlines January Load Factor 76%
Monday, February 7, 2011 - 9:46am | 88Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 6.2 billion revenue passenger miles (RPMs) in January 2011, a 13.2 percent increase from the 5.5 billion RPMs flown in January 2010. Available seat miles (ASMs) increased 7.5 percent to 8.2 billion from the January 2010 level...
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Copa Holdings January Traffic up 20.7%
Monday, February 7, 2011 - 9:23am | 137Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Copa Airlines Colombia operating subsidiaries, today released preliminary passenger traffic statistics for January 2011: For the month of January 2011, Copa Holdings' system-wide passenger traffic (RPM) increased 20.7%, while capacity (ASM...
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Hawaiian Holdings to Present at the Deutsche Bank Small and Mid Cap Conference
Friday, February 4, 2011 - 9:10am | 63Hawaiian Holdings, Inc. (Nasdaq: HA), parent company of Hawaiian Airlines, Inc., announced today that Peter Ingram, Chief Financial Officer, will be presenting at the Deutsche Bank Small and Mid Cap Conference to be held on February 15-17, 2011, at The Ritz-Carlton in Naples, Florida. Hawaiian's...
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Delta Air Lines January Traffic up 2.3%
Thursday, February 3, 2011 - 4:53pm | 80Delta Air Lines (NYSE: DAL) today reported traffic results for January 2011. System traffic in January 2011 increased 2.3 percent compared to January 2010 on a 4.2 percent increase in capacity. Load factor decreased 1.4 points to 75.2 percent. Domestic traffic decreased 1.7 percent year over year...
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AirTran Airways Reports January Traffic +.6%
Thursday, February 3, 2011 - 12:36pm | 96AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today reported traffic for the month of January. The airline reported that revenue passenger miles (RPMs) and load factor represent new records for the month of January. For the month, traffic grew by 0.6 percent to more than 1.3...
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AirTran Airways January Load Factor 74.8%
Thursday, February 3, 2011 - 12:32pm | 96AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today reported traffic for the month of January. The airline reported that revenue passenger miles (RPMs) and load factor represent new records for the month of January. For the month, traffic grew by 0.6 percent to more than 1.3...
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Frontier Airlines January Load Factor 75%
Thursday, February 3, 2011 - 12:16pm | 78Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ: RJET), today reported preliminary traffic results for January 2011. Frontier's traffic increased 4% to 907 million revenue passenger miles (RPMs) while capacity was down 4% to 1.21 billion available seat miles (ASMs). Frontier...
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Republic Airways January Load FActor 71%
Thursday, February 3, 2011 - 12:15pm | 75Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for January 2011. The Company generated 1.5 billion revenue passenger miles (RPMs), a 1% decrease from the same month last year, while available seat miles (ASMs) decreased by 5%. Block hours were 78,886...
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Benzinga's Top Downgrades (LUV, BSX, APC, KBH)
Thursday, February 3, 2011 - 9:29am | 139Southwest Airlines Company (NYSE: LUV) was downgraded by Argus from "buy" to "hold." LUV's shares closed at $11.57 yesterday. Southwest Airlines' PEG ratio is 2.30. Boston Scientific Corporation (NYSE: BSX) was downgraded by BMO Capital from "outperform" to "market perform." BSX's stock closed at $...
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US Airways Reports January Load Factor of 78.3%
Thursday, February 3, 2011 - 9:23am | 61US Airways Group, Inc. (NYSE: LCC) today announced January 2011 traffic results. Mainline revenue passenger miles for the month were 4.5 billion, up 3.9 percent versus January 2010. Mainline capacity was 5.7 billion available seat miles, down 0.3 percent versus January 2010. Mainline passenger...
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Transports in Trouble - Zacks Industry Rank Analysis
Wednesday, February 2, 2011 - 6:01pm | 3768Industry Rank Analysis 2-1-11 According to the venerable Dow theory, a new high in the Dow Industrials needs to be confirmed by a new high in the Dow Transports for the uptrend to be sustainable. There is a good economic logic to that. If the economy is getting healthier, then it is producing more...