Copa Holdings, S.A.
As most of the big-name companies have already reported earnings, investors don’t seem quite as preoccupied with current and upcoming reports. Yet despite the volume of companies reporting being lowered, there are still many market-moving reports. With that said, I am looking at three companies that reported on Tuesday to determine if any are a buy.
An Expensive Stock With Future Upside Priced Into its Valuation
The most watched more »
Global airline passenger traffic picked up in March, according to International Air Transport Association (IATA). International traffic was up 6% while domestic traffic grew 5.7%. Companies have recently released April’s traffic reports. The revenue passenger miles are stated in this traffic reports, and it provides clues about the carriers' future revenues.
Three companies to take into account:
JetBlue Airways' (NASDAQ: JBLU) management is sounding more as if it will be restraining the build out of its route network, and enjoy the potential efficiencies that may result. In doing this, it may just give investors reasons to be delighted.
The rollout of service and redeployment of aircraft into more-profitable geographical markets is a strategy that may support profitability at air transport firms. Still, productivity of assets is also more »
Billionaire Tom Steyer founded Farallon Capital Management, LLC, an investment firm, in 1986. At the end of last year, he stepped down as a co-senior managing partner of the firm, leaving his partner, Andrew Spokes, at the company’s helm. Over the twenty-seven years at Farallon, Steyer managed to deliver a net annualized return of 13.4%, outperforming the broader market indices. Despite his retirement, Steyer still keeps a large more »
The airline industry is known for being among the most competitive and challenging businesses out there. Some well-known 20th century airlines no longer operate today, such as ATA Airlines. Others operate under bankruptcy protection, like Delta Airlines (NYSE: DAL), and regional airliner Southwest Airlines (NYSE: LUV) has stayed competitive in the business by keeping operations focused on a specific niche.
It’s no secret that we are fans of mimicking more »
A general theme on every airline investor's mind right now is the consolidation trend in the industry. This has been brought to light again as US Airways (NYSE: LCC) continues its discussions with American Airlines about yet another airline merger. However airlines are bound together by more than mergers. Airline alliances offer some of the benefits of an airline merger, but without the risk and integration costs associated with more »
Colombia has been the cornerstone of ETF superhero Global X Funds’ success. After leaving Madrid, surviving Wharton, and picking up a CFA on his way to co-founding Global X, CEO Bruno del Ama and his team currently oversee 31 ETFs which have brought USD 1.5 billion under management in less than five years.
[continued from part 3]
There are some industries that are inherently volatile. Many are at the mercy of macro-economic climates, and this particular one is more dependent than almost any other sector. The airline industry is noted for its volatility, thanks to intense competition as different companies battle to gain market share (although not everyone thinks so, I will elaborate later in this article).
Sandy hasn’t done too much for most airline stocks more »
[Continued from part 1]
Nick Slepko: Tell me more about the cruise lines and their relationship with the Caribbean and Cuba in particular.
Tom Herzfeld: The cruise lines don’t talk about Cuba even though it’s a major factor in their business plans…One interesting bit of history is that more »
Airlines are widely considered one of the toughest industries to invest in, and for good reasons: a very aggressive competitive landscape, overcapacity in many sectors and cost pressures from fuel and other factors have brought many well known airlines to an almost disastrous situation. This kind of scenario, however, is where opportunities to buy high quality companies at attractive valuations usually surge due to excessive investor pessimism.
Alaska Air Group more »