Category Archive: Airline stocks

Nov 20

Mr. Buffett Goes to Airlines

Well, wasn’t expecting that one. Last week, Warren Buffett’s Berkshire Hathaway announced that it was a major holder of airline stocks. The filing, which showed holdings as of September 30, indicated that the holding company owned shares in American Airlines, United and Delta. The Oracle of Omaha also indicated that he bought shares of Southwest …

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Jun 26

Tidbits from around The Industry

Not A Good Day To Be A British Airline Think you lost some money in the market on Friday? It could be worse. You could be a British airline. With Brexit having been approved, investors lost faith in the British Pound, as well as  the region’s economy and consumers’ ability to get around it (to …

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Dec 15

Around the Industry…

More Miles for Flowers… If you really want those miles for flowers, the holidays are a good time to do it. I talked about JetBlue last week. This week, both American and Delta are offering bonuses, with the former offering 30 miles per dollar spent and the latter offering 35 miles per dollar. So buy …

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Jul 29

Airline sales and internet haters…

It’s that time of the year, when airlines start to put out fare sales for the fall promotions, filling seats that might otherwise go unsold. This week was the discount carriers, including JetBlue, Virgin America and Southwest, with the network carriers likely to follow in the next few weeks. It’s always nice to think that you’re …

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Oct 13

What’s going on in the airline industry

It’s been a very quiet week for frequent flyer miles.  We’ve had a skirmish on the west coast, a few good credit cards and a complete lack of good bonus offers.  But the industry has been awash with news. Issue #1: The fight over LAX.  Want a cheap flight from LA to, well, pretty much …

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Aug 29

If you want to learn a little about airline stocks…

Cowen and Company is holding its annual transportation conference in Boston next week.  Just about every major airline is presenting on September 3.  Presentations tend to be about 30 minutes and are led by a senior executive at the airline. If you want to hear what the airlines have to say, most of them will …

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Jul 29

How the USA became such a hot destination for Venezuelans

On American Airlines’s quarterly conference call, CEO Doug Parker made a curious comment about airline demand.  He noted that revenues per seat mile flown (RASM), the unit of measurement for airline sales, would not be as high as expected because of weakness in Venezuela.  Venezuela?  I mean, I know the country isn’t tiny, but these …

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Jul 24

What do airline earnings say about passenger experiences?

Once per quarter, airlines comment on their earnings for the previous quarter and give projections for the following quarter.  Anyone can listen to these reports through a webcast on the airlines’ websites.  There is normally a lot of technical language around the income statement, as well as updates on the airlines’ plans.  The call ends …

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Jun 19

A few tidbits from mileage land…

There’s not a lot going on today, so here’s a few tidbits that might interest you but aren’t important enough to get their own post. Delta Medallion (elite) members get a little bonus when renting cars at Hertz, with a 1,000 miles bonus per rental (1,250 for Platinum and Diamond) and 300 points per day. …

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