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Fly News Breaks for July 29, 2019
DAL, ALK, AAL, UAL, HA, ALGT, LUV, SAVE
Jul 29, 2019 | 06:25 EDT
Macquarie analyst Susan Donofrio downgraded American Airlines (AAL), Spirit Airlines (SAVE), Hawaiian Holdings (HA), and Alaska Air (ALK) to Neutral from Outperform as part of a broader industry note, saying the competitive environment for these airlines should become "choppy" in the fall of 2019 and in 2020 as Southwest (LUV) attempts to win back market share. The analyst believes that the latter's sizable domestic scope should lead to "unit revenue softness" within the overall pricing structure, through she maintains an Outperform rating on United Airlines (UAL), Delta (DAL) and Allegiant (ALGT) given their ongoing revenue initiatives and minimal overlap with Southwest.
News For AAL;SAVE;HA;ALK;LUV;UAL;DAL;ALGT From the Last 2 Days
UAL
Sep 16, 2019 | 09:03 EDT
Expedia Group (EXPE) announces that it has signed a new, multi-year agreement with United Airlines (UAL). This new agreement ushers in an expanded relationship, meeting the strategic objectives of both companies and benefiting travelers around the world. The agreement continues Expedia Group's leisure distribution with United, expands United's relationship with Expedia Partner Solutions, builds on United's relationship with Egencia, Expedia Group's corporate travel business, and the companies will work to expand cooperation into other areas in the near future.