Delta Air Lines Inc. (NYSE:DAL) said this week that starting Jan. 1, it will reward passengers for the amount they spend on tickets, not the number of miles they fly. The change to Delta’s SkyMiles program will be great for people who buy expensive tickets in first-class, but bad for vacationers who shop for the cheapest fare. Delta Air Lines, Inc. (NYSE:DAL) stock opened at $32.93 in last session, and closed at $33.21, while the day range of Delta Air Lines, Inc. (NYSE:DAL) stock is $32.66 – $33.45. The stock showed a positive weekly performance of 4.57%.
The world’s second-largest airline, United Continental Holdings Inc. (NYSE:UAL), lowered its guidance for airline capacity in its first quarter fiscal ‘14 (1QFY14) citing the severe winter storms that gripped the country in January and February. Its stock price was down about 3.7% in after-market trading. United Continental Holdings Inc. (NYSE:UAL) stock opened at $ 45.22 in last session, and closed at $ 44.96 by losing -3.33%. The 52 week range of $ 26.58 – $49.20. Company’s market capitalization is $16.18B.
Spirit Airlines Incorporated (NASDAQ:SAVE) is an airline company. The Company’s all-Airbus fleet, as of December 31, 2012, operated approximately 200 daily flights to over 50 destinations in the United States, Caribbean and Latin America. As of December 31, 2012, its route network included 110 markets served by 52 airports throughout North America, Central America, South America and the Caribbean. Spirit Airlines Incorporated (NASDAQ:SAVE) stock increased 0.52 % and finished the last session at $56.48. The EPS of the stock remained 2.42. Company’s market capitalization is $4.10B.
AAR Corp. (NYSE:AIR) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Thursday, American Banking and Market News reports. They currently have a $24.00 target price on the stock. Zacks price target would indicate a potential downside of 9.94% from the stock’s previous close. AAR Corp. (NYSE:AIR) stock opened the session at $28.10, and closed the session at $28.90. The 52 week range of the AAR Corp. (NYSE:AIR) stock remained $16.02 – $31.55 and the day range was $27.89 – $29.45.