Appaloosa Management raises its stake in American Airlines Group Inc (NASDAQ:AAL). American Airlines Group Inc (NASDAQ:AAL) shares moved up 1.01% in last trading session and was closed at $39.11, while trading in range of $38.53 – $39.50. American Airlines Group Inc (NASDAQ:AAL) year to date (YTD) performance is 54.89%.
United Continental Holdings Inc (NYSE:UAL)’ new no-booze policy for flight attendants got a swift smack-down. A rule banning attendants from possessing alcohol while on duty, even in luggage, was withdrawn within a day after United announced the move, a union spokeswoman, Corey Caldwell, said in a phone interview yesterday. Chicago-based United backed down after the Association of Flight Attendants balked, she said. United Continental Holdings Inc (NYSE:UAL) shares advanced 3.74% in last trading session and ended the day on $43.57. UAL Gross Margin is 22.70% and its return on assets is 1.00%. United Continental Holdings Inc (NYSE:UAL) quarterly performance is -5.49%.
Delta Air Lines, Inc. (NYSE:DAL) has signed an agreement with leading global travel distribution services and e-commerce provider, Travelport. Per the deal, Delta will be able to obtain data and intellectual property rights integral to its passenger service and flight operations systems. The pact will make Delta the only U.S. carrier enjoying the rights to directly control these technology systems offered by Travelport, thus enabling enhanced travel experiences for its customers. No financial terms and conditions of the deal were, however, disclosed. Delta Air Lines, Inc. (NYSE:DAL) net profit margin is 28.10% and weekly performance is 3.43%. On last trading day company shares ended up $39.16. Analysts mean target price for the company is $45.53. Delta Air Lines, Inc. (NYSE:DAL) distance from 50-day simple moving average (SMA50) is 10.33%.
Spirit Airlines Incorporated (NASDAQ:SAVE), the carrier with the nation’s highest passenger complaint rate, believes it is just misunderstood. Maybe passengers will learn to love Spirit if they understand that the Florida-based airline charges fees for carry-on bags, food, drinks and about 70 other extras simply to keep base fares low. Spirit Airlines Incorporated (NASDAQ:SAVE) shares moved up 1.91% in last trading session and was closed at $57.49, while trading in range of $56.05 – $57.98. Spirit Airlines Incorporated (NASDAQ:SAVE) year to date (YTD) performance is 26.60%.
The Boeing Company (NYSE:BA) announced an agreement to acquire ETS Aviation, a provider of fuel-efficient management and analytics. Boeing said ETS is a market leader as it provides over 120 airlines and corporate flight departments the tools needed to accurately monitor fuel consumption, identify fuel savings opportunities, and track and report carbon emissions. The Boeing Company (NYSE:BA) ended the last trading day at $132.41. Company weekly volatility is calculated as 1.15% and price to cash ratio as 7.90. The Boeing Company (NYSE:BA) showed a positive weekly performance of 1.22%.