#UnitedContinental becomes part of coveted S&P 5oo Index tomorrow. Congrats. $UAL Read more at
Watch Airline Stocks For Takeoff Potential
Airline stocks don’t seem to be favorably viewed by investors even as they have various factors going for them. One reason they have taken a recent hit is that the Department of Justice is investigating whether some major airlines colluded in order to reduce available seats and keep airfares higher. This has negatively impacted the
Delta is receiving 80 new planes over the next two years
Over the past few years, Delta Air Lines (NYSE:DAL) has gone against the grain by keeping its airplanes longer and buying up used aircraft to cut down on pricey aircraft purchases. However, the company's desire to limit capital expenditures doesn't mean that it completely avoids buying new planes. Read more at
LAX to Cuba charter flights
American Airlines plans to begin charter flights between Los Angeles International Airport and Jose Marti International Airport in Havana later this year, offering the first nonstop flights from the West Coast to Cuba since travel restrictions were eased. Read more at
United Continental posts solid numbers – more passengers – in July.
#unitedcontinental $UAL United Continental reports traffic gains in July Read more at
Southwest breaks its own load factor (% of filled seats) record in July.
$LUV #southwest Read more at
UBS Ups Delta Target On Management’s ‘Confident Tone’
Delta Airlines (DAL) is bucking the market’s selloff, rising 3% in Monday afternoon, helped by a bullish note from UBS. Analysts Darryl Genovesi and Raymond Wong reiterated a Buy rating and increased their target price on the stock by $2, to $55 today, after meetings with management. Read more at