Alvin Man In September 2023, I covered Air Canada with a buy rating, but the stock has not performed as expected, trading flat whereas the S&P 500 returned 18%. I believe it shows how challenging airline investments are and also reflects the challenges that airlines are currently facing on costs that are continuing to rise…
Smith Collection/Gado/Archive Photos via Getty Images Last week, some Wall Street analysts and members of the media were using Spirit Airlines (NYSE:SAVE) and “bankruptcy” in the same sentence after Judge Young’s decision to permanently enjoin their merger with JetBlue Airways (JBLU). The parties appealed the decision on Friday. While I personally think Ch.11 bankruptcy is…
Hawaiian Airlines Airbus A330 mixmotive While the spotlight in the airline industry is on the combination of JetBlue (JBLU) and Spirit Airlines (SAVE), Alaska Air Group (NYSE:ALK) is stealing some of the thunder as it announced an agreement with Hawaiian Holdings (NASDAQ:HA) to combine. In this report, I will be discussing the details of the…
Zerbor/iStock via Getty Images By James T. Tierney, Jr. Recent labor agreements in the auto and airline industries spotlight the profitability conundrum facing US companies – and equity investors. Pricing power and cost containment are essential ingredients for companies looking to expand profit margins. We’ve seen this clearly in 2023, when some of the best-performing…
The rewards program has the potential to bring blockchain technology to more users as Lufthansa Group has about 36 million members in its regular Miles and More loyalty program. Lufthansa Group, the parent company of airlines such as Lufthansa, Austrian Airlines, Swiss International Air Lines, Eurowings, Brussel Airlines and others, has announced the launch of…