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Travel and leisure stocks are lower as COVID-19 cases and hospitalizations break higher again."In 36 states, the hospitalization rate for the coronavirus increased by at least 5% over in the past seven days," notes CMC Markets' David Madden."Traders keep an eye on the hospitalization rat...
Since April 1, 2020, the airline sector ETF has settled into a long and volatile 6-month sideways consolidation. However, TSA daily Passenger data has increased 800% since the April lows. Passengers are becoming more comfortable with flying again because airlines and airports have...
Southwest is the most competitively advantaged US airline trading at a significant discount to what it's worth. Investor pessimism in the sector has resulted in the baby being thrown out with the bathwater. Even Warren Buffett capitulated on airlines. Southwest is better positione...
SkyWest (SKYW) announced that Mike Thompson will retire from the role as Chief Operating Officer after nearly 20 years with the airline. The company says Greg Wooley will assume the role of Executive Vice President – Operations of SkyWest Airlines, and will oversee the InFlig...
SkyWest Airlines Announces Leadership Changes COO Mike Thompson to Retire PR Newswire ST. GEORGE, Utah, Oct. 26, 2020 ST. GEORGE, Utah , Oct. 26, 2020 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today announced that Mike Thompson wil...
U.S. airlines stocks are down sharply with stimulus talks in Washington D.C. hitting another snag over an expansion of COVID testing being part of the package. Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were due to talk this afternoon at some point. Also part of the investor f...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
The airline sector is in positive territory with talks between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin said to be going well.It is believed that around $25B would be carved out for airlines from a new stimulus deal.Legislation needs to be written this week to be enacted bef...
It is an active day of developments in the airline sector with U.S. air passenger traffic topping 1M again even as COVID-19 headlines create some anxiety on booking trends. The TSA reported travel throughput for Sunday of 1,031,505 passengers vs. 2,606,266 for the comparable day a year ago. I...
A day after Delta Air Lines ([[DAL]] +0.2%) warned on a long recovery for demand, there are similar comments out from American Airlines ([[AAL]] +0.9%) CEO Doug Parker."Flying less than half of what we were flying a year ago in terms of networks, with no anticipation at American Airlines that...
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Second Quarter 2024 Summary Q2 2024 pre-tax income of $102 million, net income of $76 million, or $1.82 per diluted share SkyWest took delivery of eight of the 20 E175 partner-financed aircraft under a previously announced agreement with United Airlines Block hour production incre...
2024-07-19 08:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, July 25, 2024 to discuss second quarter 2024 results. The format will include an overview of the quarterly results followed by a Q&A session. Thursday, July 25, 2024 2:30...