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0.00015316281206909 -0.00183795374483082 -0.00214427936896922 -0.000995558278449957 0.00199111655689991 -0.00428855873793845 -0.00428855873793845 -0.00428855873793845
Stock impact report

Airline stocks hinge on pricing power as carriers push through fare hikes, UBS says [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
Shares of major US airlines including United Airlines Holdings Inc (NASDAQ:UAL, XETRA:UAL1) Delta Air Lines Inc (NYSE:DAL) American Airlines Group Inc (NASDAQ:AAL, XETRA:A1G) and Alaska Air Group (NYSE:ALK) are increasingly tied to their ability to sustain aggressive fare increases as fuel costs surge, according to analysts at UBS. The brokerage said recent airline commentary points to “very strong” pricing trends, with carriers implementing multiple fare hikes in quick succession (two rounds in March alone, following increases in February) driving a sharp uplift in booked yields and near-term revenue expectations. Among the group, United appears to be showing some of the strongest momentum. The carrier said March booked revenue per available seat mile (RASM) is now tracking up about 14%, versus an earlier 8% increase, with booked yields jumping 15% to 20% in just the past week. UBS noted the update implies “notable strength” even before the latest round of fare increases. Delt Show less Read more
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