Company Overview and News

 
Singapore Airlines reports 150% jump in full-year profit

2018-05-17 channelnewsasia
SINGAPORE: National carrier Singapore Airlines (SIA) on Thursday (May 17) topped market expectations by reporting a 148 per cent rise in full-year net profit to the highest level since 2011, as passenger and cargo revenue rose and it benefited from a transformation programme.

 
The Airline Seat of the Future Will Clean Itself - Bloomberg

2018-05-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
JetBlue's (JBLU) Traffic & Load Factor Increase in April

2018-05-11 zacks
JetBlue Airways Corporation (JBLU - Free Report) posted a rise in traffic figures for April. Traffic — measured in revenue passenger miles (RPMs) — improved 5.7% year over year to 4.3 billion. On a year-over-year basis, consolidated capacity (or available seat miles/ASMs) expanded 5.3% to 5.02 billion. Load factor or percentage of seats filled by passengers increased 40 basis points (bps) to 85.7% in the month as traffic growth outpaced capacity expansion.

 
Manufacturer says its developing a self-disinfecting seat for business class flyers

2018-05-09 thestar
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Southwest Airlines (LUV) April Traffic Dips on Low Demand

2018-05-09 zacks
Southwest Airlines Co. (LUV - Free Report) reported disappointing traffic results for April. Traffic (measured in revenue passenger miles or RPMs) slipped 0.3% to around 11.2 billion while capacity or available seat miles (ASMs) inched up 1.5% to 13.57 billion. The decline in traffic is due to softness in bookings following the fatal engine failure last month. Also, load factor (percentage of seats filled by passengers) deteriorated 150 basis points (bps) to 82.

 
United Continental Records Weak Traffic Figures for April

2018-05-09 zacks
United Continental Holdings, Inc.’s (UAL - Free Report) wholly owned subsidiary, United Airlines, reported dismal traffic figures for April. Consolidated traffic, measured in revenue passenger miles (RPMs), was 18.47 billion, up 5.1% from the year-ago figure. On a year-over-year basis, consolidated capacity (or available seat miles/ASMs) climbed 6.1% to 22.43 billion. However, load factor (percentage of seats occupied by passengers) declined 80 basis points (bps) to 82.

 
Hawaiian Holdings Unit's April Traffic & Capacity Increase

2018-05-08 zacks
Hawaiian Holdings, Inc.’s (HA - Free Report) wholly owned subsidiary, Hawaiian Airlines, reported traffic figures for April. Traffic (measured in Revenue Passenger Miles or RPMs) increased 7.1% to around 1.39 billion in April. Available Seat Miles (ASMs) also climbed 7.3% to 1.63 billion in the month. However, load factor (percentage of seats filled by passengers) declined 10 basis points (bps) to 85.

 
Gol Linhas' (GOL) Traffic & Load Factor Increase in April

2018-05-08 zacks
Gol Linhas Aereas Inteligentes S.A. (GOL - Free Report) reported air traffic figures for April. Consolidated traffic, measured in revenue passenger kilometers (RPK), nudged up 1.9% to 2.76 billion. The metric rose 3% on the domestic front while the international figure declined 7.2%. On a year-over-year basis, consolidated capacity (or available seat kilometers/ASKs) inched up 0.8% to 3.46 billion, primarily on the back of 1.

 
C.H. Robinson (CHRW) Q1 Earnings & Revenues Beat, Rise Y/Y

2018-05-02 zacks
C.H. Robinson Worldwide Inc.’s (CHRW - Free Report) first-quarter 2018 earnings per share of $1.01 beat the Zacks Consensus Estimate of 99 cents. Moreover, the bottom line improved 17.4% year over year on higher revenues and lower tax rate Total revenues rose 14.9% year over year to $3,925.3 million, surpassing the Zacks Consensus Estimate of $3,808.8 million.

1
Shenzhen To Be Hainan Airlines’ Second Long-Haul Focus

2018-05-01 aviationweek
BEIJING—Hainan Airlines will step up development of intercontinental business at Shenzhen, making the rich southern Chinese city its second long-haul base, after Beijing, sources close to the company said. The move will increase competitive pressure on China Southern Airlines, the dominant operator at Guangzhou, 100 km (60 mi.) away, and on Cathay Pacific Airways, based next to Shenzhen at Hong Kong.

 
Kansas City Southern & CloudMoyo Tie Up for System Upgrade

2018-05-01 zacks
In a bid to improve efficiency, Kansas City Southern (KSU - Free Report) has partnered with CloudMoyo to enhance its railroad operating system. The CloudMoyo Rail Transportation Management (CRTM) system will be roped in for the task. The CRTM built on CloudMoyo Transportation platform, is a next-generation system leveraging the scale of the Microsoft Azure cloud. This cloud-based solution will use analytics and artificial intelligence to improve operational performance and agility.

 
Why You Must Hold onto American Airlines (AAL) Stock Now

2018-05-01 zacks
American Airlines Group Inc. (AAL - Free Report) has its share of positives, despite the prevalent negative sentiment due to rising fuel costs. On the flip side, with the metric persistently increasing and eating into the company’s profits, it is likely that the carrier will pass on the high-cost burden to passengers’ pockets. Notably, during first-quarter 2018 earnings release, American Airlines CEO warned of rising air fares in the near future, which bodes well for airline companies in boosting the top line.

 
UPS Earnings and Revenues Top Estimates in Q1, Rise Y/Y

2018-04-27 zacks
United Parcel Service, Inc. (UPS - Free Report) reported first-quarter 2018 earnings of $1.55, beating the Zacks Consensus Estimate of $1.54 per share. The bottom line also increased 17.4% on a year-over-year basis. Results were aided by strong performances from the International and Supply Chain and Freight segments. Revenues improved 10% to $17,113 million from the year-ago quarter, outpacing the Zacks Consensus Estimate of $16,443.

 
Southwest Airlines (LUV) Q1 Earnings In Line, Q2 View Bleak

2018-04-26 zacks
Southwest Airlines Co. (LUV - Free Report) reported first-quarter 2018 earnings per share (excluding 4 cents from non-recurring items) of 75 cents, in line with the Zacks Consensus Estimate. The bottom line however, surged on a year-over-year basis. Operating revenues of $4,944 million lagged the Zacks Consensus Estimate of $5,017.6 million. However, the top line improved year over year and was boosted by high passenger revenues accounting for bulk (92.

 
Allegiant's (ALGT) Q1 Earnings Top Estimates, Surge Y/Y

2018-04-26 zacks
Allegiant Travel Company (ALGT - Free Report) reported first-quarter earnings of $3.42 per share, well above the Zacks Consensus Estimate of $3. Also, the bottom line improved significantly on a year-over-year basis. Results were aided by the strong demand for air travel. Quarterly revenues increased in double-digits year over year to $425.4 million, marginally above the Zacks Consensus Estimate of $425.

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