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This weekend, airline executives are probably having trouble suppressing their glee over the recent drop in oil prices. However, you wouldn't know it, based on the price action in airline stocks last week. Most major airline stocks dropped by 5-10% between ...
May 21, 2012 at 08:23 | Source: Seekingalpha.com
NEW YORK - Airline stocks rose on Thursday after a J.P. Morgan analyst raised his estimates of the companies' future profits because of the recent drop in jet fuel prices. The Amex airlines index rose 2.3 percent in midday trading. Many individual airline ...
May 24, 2012 at 17:31 | Source: Minneapolis Star Tribune
It is not often that we see such a strong day across the board for the major airlines as Thursday. Recent years have been tough on the industry, so it is nice to see such a strong day, with US Airways (LCC) leading the way. The reason for today ...
May 24, 2012 at 03:55 | Source: Market Intelligence Center
NEW YORK (AP) -- Airline stocks soared Monday as investors bet that the combination of falling jet fuel prices and high travel demand during the upcoming summer vacation season would boost industry profits. The airlines have been limiting the ...
May 25, 2012 at 22:44 | Source: Yahoo Finance
And then they talk me down. The truth about airline stocks If there's any doubt about the wisdom of this advice, that should all be cleared up with the following chart, which tracks the performance of the Amex Airline Index, an index of major U ...
May 23, 2012 at 15:52 | Source: Daily Finance
Market analyst SP Tulsian of sptulsian.com tells CNBC-TV18, on the eve of Jet Airways announcing results, that airline stocks such as Jet and SpiceJet are good bets thanks to rivals Kingfisher and Air India initiating reduction in operations and no adverse ...
May 23, 2012 at 12:31 | Source: MoneyControl.com
Airline stocks surged. Analysts at JPMorgan Chase expect a drop in jet fuel prices to lift profits at airlines. The US Airways Group jumped 10.55 percent, to $12.16, and Delta Air Lines rose 4.93 percent, to $11.27. Southwest Airlines climbed 4 ...
May 25, 2012 at 01:37 | Source: New York Times
Air Mauritius Ltd. (AML), sub-Saharan Africa’s fourth- biggest airline, surged 4.6 percent to 11.5 rupees, the most since April 9. Mauritius’s tourism ministry expects visitor arrivals this year to increase 3.7 percent from 2011, more than ...
May 25, 2012 at 10:41 | Source: Bloomberg
Lower fuel prices are at the root of the healthy increases to our 2012 estimates of airlines, but it is our newly-introduced 2013 forecasts that warrant attention. If one assumes modest capacity growth and inflationary pressures coupled with ...
May 23, 2012 at 23:58 | Source: Barron's Online
Will Kingfisher's Troubles Help FDI Fly? Weak Crude Propels Airline Stocks IndiGo – India’s second-largest domestic airline, and the only one making a profit– has in the last few months inched toward Jet’s market share numbers.
May 25, 2012 at 05:26 | Source: Wall Street Journal