Fleet Renewal, Traffic and Operating Results, New Flight Services, and Company Agreements - Research Report on Delta Air Lines, United Air Lines, US Airways, Southwest Airlines, and LATAM Airlines
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Sep 11, 2013, 08:00 ET
NEW YORK, September 11, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Delta Air Lines Inc. (NYSE: DAL), United Continental Holdings, Inc. (NYSE: UAL), US Airways Group, Inc. (NYSE: LCC), Southwest Airlines Co. (NYSE: LUV), and LATAM Airlines Group SA (NYSE: LFL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Delta Air Lines Inc. Research Report
On September 4, 2013, Delta Air Lines Inc. (Delta Air) announced its plan to purchase 40 airbus aircraft, as it continues with its fleet renewal strategy to improve profitability and customer experience, while maintaining capacity discipline. According to the Company, the order comprises of 10 international wide body A330-300 and 30 large domestic narrow body A321 jets. "This Airbus agreement is another opportunistic fleet transaction for Delta in which we acquire economically efficient, proven-technology aircraft," said Richard Anderson, Delta's CEO. "These A330s and A321s will provide tremendous flexibility for Delta to optimally manage our capacity over the next five years while further improving the flight experience for our customers and returns for our shareholders." The Company informed that the delivery of the ordered fleet of airbus aircraft is scheduled between 2015 and 2017. The Full Research Report on Delta Air Lines Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/DAL]
United Continental Holdings, Inc. Research Report
On September 4, 2013, United Continental Holdings Inc. (United Airlines) announced its upcoming new daily nonstop flight service between Indianapolis and San Francisco. According to the Company, the new nonstop service will commence effective from January 7, 2014 and will operate using Airbus A319 aircraft. "We are thrilled to offer customers new mainline service between San Francisco and Indianapolis, one of the fastest-growing metropolitan areas in the country," said Kate Gebo, United's Vice President of Corporate Real Estate. "The daily service will connect customers in Indianapolis to our largest gateway to the Pacific, where United offers more flights to more destinations than any other airline." The Full Research Report on United Continental Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/UAL]
US Airways Group, Inc. Research Report
On September 5, 2013, US Airways Group, Inc. (US Airways) reported its traffic results for the month of August 2013. The Company reported that its August 2013 total mainline revenue passenger miles (RPMs) were 6.3 billion, reflecting an increase of 6.3% YoY. US Airways' mainline capacity was 7.1 billion available seat miles (ASMs), up 5.6% YoY during the month. Mainline passenger load factor was a record 87.9% in August 2013, as compared to 87.3% in August 2012. US Airways' President, Scott Kirby said, "Our August consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately five percent versus the same period last year. Despite challenging weather conditions and high load factors, our team delivered phenomenal operating results throughout the summer and we look forward to continuing that trend into the fall." The Full Research Report on US Airways Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/LCC]
Southwest Airlines Co. Research Report
On September 3, 2013, Southwest Airlines Co. (Southwest Airlines) announced that it has reached a tentative agreement with the flight attendants of AirTran Airways (AirTran), its wholly-owned subsidiary, on collective bargaining agreement. Southwest Airlines informed that it had acquired AirTran on May 2, 2011, and the two parties were in discussions since February 2013 on an agreement that would serve as a bridge for the AirTran flight attendants until their final transition to Southwest. "I applaud the efforts of both parties in reaching an agreement that incorporates rewards and incentives for increased productivity and perfect attendance, while remaining mindful of AirTran's low cost structure," said Mike Hafner, Southwest Airlines' Vice President of Cabin Services. "This contract includes progressive concepts that are beneficial for AirTran Flight Attendants, while supporting Company objectives." The Full Research Report on Southwest Airlines Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/LUV]
LATAM Airlines Group SA Research Report
On August 20, 2013, LATAM Airlines Group SA (ADR) (LATAM Airlines) reported its Q2 2013 financial results. The Company posted total revenue of $3.1 billion, up 0.3% YoY, due to increase in cargo revenues partially offset by decrease in passenger revenues. The Company reported operating income of $39.4 million in Q2 2013, compared to an operating loss of $117 million in Q2 2012. Net loss for the quarter totaled at $329.8 million, as compared to a net loss of $448.8 million, in Q2 2012. For full-year 2013, the Company anticipates total passenger available seat kilometre (ASK) growth to range between 0% to 2% while cargo available tonne Kilometres (ATK) is also expected to grow between 0% and 2%. The Full Research Report on LATAM Airlines Group SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/LFL]
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