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Airlines Updates

Turkish Airlines, TAV awarded in Washington for joint lounge project

November 22nd 2017 2:48AM
The Turkish Airlines lounge operated by TAV Operation Services in Washington Dulles Airports was awarded the “Excellence Award” by the Associated Builders and Contractors (ABC), TAV said in a statement on Nov. 22. Turkish Airlines and TAV, the two global brands of Turkey in the aviation sector, ...

Airlines' Relative Valuation after 3Q17 Earnings: What Is Priced In?

November 22nd 2017 2:03AM
Southwest Airlines (LUV) currently has the highest forward EV-to-EBITDA multiple of 6.9x among its peers. American Airlines (AAL) and Alaska Air Group (ALK) each have a similar valuation multiple of 6.4x. Spirit Airlines (SAVE) has a multiple of 6.2x, while JetBlue Airways (JBLU) is valued at an ...

What Are Analysts Recommending for the Top US Airlines?

November 22nd 2017 1:52AM
Among the seven major air carriers, most analysts seem to favor Delta Air Lines (DAL). Of these analysts, 100% (18 analysts) tracking Delta Air Lines (DAL) have a “buy” rating on the stock. Southwest Airlines (LUV) has a “buy” recommendation by 84.0% (16 analysts) of the analysts tracking the stock, ...

American Airlines, United Airlines settle Twin Towers claim over 9/11 attacks

November 22nd 2017 1:41AM
American Airlines and United Airlines have agreed to a $95.1 million settlement with the developer of the World Trade Center in New York City over the September 11, 2001 attacks, ending 13 years of litigation. Insurers will cover the payout to World Trade Center Properties, owned by developer Larry ...

Airline Stocks Recover from the Post-Earnings Selling Spree

November 22nd 2017 1:41AM
The third quarter of 2017 was marked with a variety of issues for airlines. Some earnings sparked a selling spree, while others gained after beating analysts' lowered estimates. Stocks that have still not recovered from the 3Q17 earnings wave include Alaska Air (ALK), United Continental (UAL), ...

Turkish Airlines investment firm to focus on airports - CEO

November 22nd 2017 1:41AM
A new real estate investment firm launched by Turkish Airlines will primarily seek to make investments in airports, according to CEO and cice chairman Bilal Ekşi. According to a statement released last week on the website of Turkey's Public Disclosure Platform, the company – THY Airport Real Estate ...

Spirit Airlines' Future Guidance Looks Optimistic

November 22nd 2017 1:30AM
For 3Q17, Spirit Airlines' (SAVE) revenues grew 10.6% year-over-year (or YoY) to $687.2 million, beating analysts' estimates of $687.1 million in ...

Southwest Airlines Posts Strong 3Q17 Results

November 22nd 2017 1:30AM
For the third quarter of 2017, Southwest Airlines' (LUV) revenues grew 2.5% year-over-year (or YoY) to $5.3 billion, missing analyst estimates of $5.7 ...

Airline Food Conundrum – Paid Meals Winning Out Over Freebies

November 22nd 2017 12:56AM
Editor's note: This series, called Airline Insiders, introduces readers to behind-the-scenes decision-makers for airlines. Unlike our ongoing airline CEO series, Future of the Passenger Experience, we will not question the highest-ranking executives here. Instead, we will speak with insiders who guide ...

American Airlines' Capacity Guidance for 3Q17

November 22nd 2017 12:33AM
American Airlines (AAL) posted 3Q17 revenues of $10.9 billion, in line with analysts' estimates for the quarter. Its net income fell 15% YoY to $624 ...

Airlines settle Twin Towers claim over 9/11 attacks

November 22nd 2017 12:22AM
American Airlines and United Airlines have agreed to a $95.1 million settlement with the developer of the World Trade Center over the September 11, ...

Delta Air Lines Kicks Off 3Q17 Earnings Season, Beats Estimates

November 22nd 2017 12:11AM
Delta Air Lines (DAL) started the third quarter earnings season for airlines by reporting its results on October 11, 2017. Its revenues rose 5.5% YoY ...

AAI to hold talks with airlines

November 22nd 2017 12:00AM
The Airports Authority of India ( AAI) will solicit suggestions from airline companies for the operation of wide-bodied aircraft at Calicut International ...

Busy season arrives for airlines and germs

November 21st 2017 10:30PM
WICHITA, Kan. As we enter the busiest air travel season of the year, beginning Wednesday, staying healthy will be on the minds of many travelers.

Artist creates her own airline that will only fly to art events

November 21st 2017 9:56PM
In the world of modern travel, many airlines are finding it necessary to deliver more unique experiences and inclusive services in an ever-evolving, ...

Behind the scenes at United Airlines during the Thanksgiving travel rush

November 21st 2017 9:45PM
As passengers make the journey on Pena Boulevard to the airport property, teams from United Airlines are working around the clock to ensure a ...

Cost comparison: Is it actually cheaper to fly budget airlines?

November 21st 2017 8:48PM
WARWICK, R.I. (WPRI) – Low-cost airlines have landed in Rhode Island, and discount fares are driving new competition. In 2017, Allegiant Airlines, ...

At Scottsbluff airport, proper fire equipment kicks safety up, appealing to airlines

November 21st 2017 7:49PM
Diversions continue to increase at the airport and airport officials know having all the proper equipment means the difference between an airline choosing Scottsbluff or using another airport. The airport fire truck, and what it can do, plays a large role in whether or not an airline chooses to make a ...

Hainan Airlines completes first cross-ocean flight using biofuel

November 21st 2017 7:41PM
China's Hainan Airlines successfully completed its first-ever, international flight using biofuel. The plane took off from Beijing and landed in Chicago ...

Chinese Airlines Locked in Battle to Win Lucrative US Routes

November 21st 2017 7:30PM
China Southern Airlines Co. plans to take advantage of its ties with American Airlines Group Inc. to help beef up its U.S. routes and close in on ...
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