Recently, American Airlines Group Inc (NASDAQ:AAL), is all set to launch eight new domestic routes by the month of August this year. The company has come together with the U.S. Airways to bring into existence these eight new routes. We hope that these new routes start running successfully and prove beneficial for the company as well as to its customers. American Airlines Group Inc (NASDAQ:AAL), net profit margin is -4.40% and weekly performance is 7.62%. On last trading day company shares ended up $39.39. Analysts mean target price for the company is $46.31. American Airlines Group Inc (NASDAQ:AAL), distance from 50-day simple moving average (SMA50) is 7.58%.
Southwest Airlines Co (NYSE:LUV), recently posted a rise in traffic for April 2014. The month’s traffic – measured in revenue passenger miles (RPMs) – came in at 9.11 billion, up 4.4% from 8.73 billion recorded in the comparable period a year ago. Meanwhile, on a year-over-year basis, consolidated capacity (or available seat miles/ASMs) decreased 0.6% to 11.17 billion. The load factor or percentage of seats filled by passengers increased to 81.7% from 77.8% in April 2013. Southwest Airlines Co (NYSE:LUV), advanced 2.38% in last trading session and ended the day on $24.94. LUV, Gross Margin is 54.40% and its return on assets is 4.40%. Southwest Airlines Co (NYSE:LUV), quarterly performance is 18.88%.
Spirit Airlines Incorporated (NASDAQ:SAVE)’s stock had its “buy” rating reiterated by equities researchers at Citigroup Inc. in a research report issued on Friday, StockRatingsNetwork.com reports. They currently have a $67.00 price target on the stock. Citigroup Inc.’s price target would suggest a potential upside of 19.96% from the company’s current price. Spirit Airlines Incorporated (NASDAQ:SAVE), shares moved up 3.28% in last trading session and was closed at $57.30, while trading in range of $ 55.20 – 57.66. Spirit Airlines Incorporated (NASDAQ:SAVE), year to date (YTD) performance is 26.18%.
Republic Airways Holdings Inc. (NASDAQ:RJET), reported preliminary passenger traffic results for April 2014. The Company generated nearly 1 billion revenue passenger miles (RPMs) in April, a 17% increase over the same period in 2013, on an 11% increase in available seat miles (ASMs). Block hours were 3% greater, and load factor increased four percentage points from the same period in 2013. Republic Airways carried nearly 2 million passengers, a 7% increase compared to April 2013. Republic Airways Holdings Inc. (NASDAQ:RJET), ended the last trading day at $9.88. Company weekly volatility is calculated as 3.58% and price to cash ratio as 1.78. Republic Airways Holdings Inc. (NASDAQ:RJET), showed a positive weekly performance of 2.17%.
Alaska Air Group, Inc. (NYSE:ALK), parent ofAlaska Airlines and Horizon Air, said it will begin buying back the shares, which is about 10 percent of the market capitalization of the company, after a $250 million stock buyback plan is completed. Alaska Air Group, Inc. (NYSE:ALK), net profit margin is 159.60% and weekly performance is 2.86%. On last trading day company shares ended up $97.89. Analysts mean target price for the company is $105.88. Alaska Air Group, Inc. (NYSE:ALK), distance from 50-day simple moving average (SMA50) is 6.31%.