Imperial Capital Raises Price Target on American Airlines (AAL) Following 3Q EPS Beat
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Alaska Air CEO says hard to predict when Virgin deal will close
October 20, 2016 12:26 PM EDT(Reuters) - Alaska Air Group Inc's (NYSE: ALK) chief executive said on Thursday it was hard to predict when its deal to buy Virgin America Inc (NASDAQ: VA) will receive approval from the U.S. Justice Department, which is considering the impact of the latest airline merger on competition and airfares.
Late-stage discussions included the possibility of Alaska jettisoning part of one or more code-sharing agreements it has with larger U.S. carriers as a concession... More
American Airlines profit margin forecast disappoints
October 20, 2016 7:49 AM EDTBy Alana Wise and Rachit Vats
(Reuters) - American Airlines Group Inc (NASDAQ: AAL) shares dipped on Thursday after the carrier said cheap airfares and higher wages will squeeze profits in the current quarter.
American, the world's largest airline, said it expects its adjusted pretax margin to fall in the fourth quarter.
Late on Thursday afternoon, the airline's shares were down 0.5 percent at $40.59, after falling as much as 3 percent.
The company reported... More
American Airlines (AAL) Tops Q3 EPS by 19c
October 20, 2016 7:32 AM EDTAmerican Airlines (NASDAQ: AAL) reported Q3 EPS of $1.76, $0.19 better than the analyst estimate of $1.57. Revenue for the quarter came in at $10.6 billion versus the consensus estimate of $10.54 billion.
For earnings history and earnings-related data on American Airlines (AAL) click here.
... MoreAmerican Airlines (AAL) October 40.5 straddle priced for movement of 3.9% on more puts than calls into Q3
October 19, 2016 2:13 PM EDTAmerican Airlines (NASDAQ: AAL) October 40.5 straddle priced for movement of 3.9% into Q3
... MoreLufthansa Peers on Watch After Company Boosts Adjusted EBIT Forecast (DAL) (AAL) (UAL)
October 19, 2016 1:23 PM EDTLufthansa peers were in focus after the company boosted its FY adjusted EBIT forecast.
Related names include Delta Air Lines (NYSE: DAL), United Airlines (NYSE: UAL), American Airlines (NASDAQ: AAL).
Press release"
Based on preliminary figures, Deutsche Lufthansa AG generated revenues of EUR 23.9bn in the first nine months of 2016 (prior-year period: EUR 24.3bn). The Adjusted EBIT came to EUR 1,677m (prior-year period: EUR 1,693m). The Passenger Airline Group business segment achieved an Adjusted EBIT of EUR 1,406m... More
