Monthly Traffic Reports, Leadership Appointments, Technical Updates, and Codeshare Agreements - Analyst Notes on Southwest, JetBlue, Alaska Air, Copa and GOL
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 16, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Southwest Airlines Co. (NYSE: LUV), JetBlue Airways Corporation (NASDAQ: JBLU), Alaska Air Group, Inc. (NYSE: ALK), Copa Holdings SA (NYSE: CPA) and GOL Linhas A (NYSE: GOL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4834-100free.
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Southwest Airlines Co. Analyst Notes
On July 9, 2014, Southwest Airlines Co. (Southwest) reported its traffic results for the month of June 2014. The Company stated that its revenue passenger miles (RPMs) for the month increased by 2.2% YoY to 10.1 billion, while available seat miles (ASMs) grew 0.9% YoY to 11.7 billion. Load factor for the month was 86.1%, compared to 85.0% in June 2013. The Company stated that during the month the passenger revenue per ASM (PRASM) is estimated to have increased in the range of 7% to 8% YoY. The full analyst notes on Southwest are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/LUV/report.pdf
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JetBlue Airways Corporation Analyst Notes
On July 11, 2014, JetBlue Airways Corp. (JetBlue) announced its preliminary traffic results for the month of June 2014. Revenue passenger miles during the month increased by 4.0% YoY to 3.3 billion. Available seat miles (ASMs) increased by 5.3% YoY to 3.8 billion while Load factor in the month was 84.7%, versus 85.7% in June 2013. The Company's preliminary completion factor was 98.0% and on-time performance was 77.2%. Further the Company's Preliminary passenger revenue per available seat mile grew 3% YoY. The full analyst notes on JetBlue are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/JBLU/report.pdf
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Alaska Air Group, Inc. Analyst Notes
On July 9, 2014, Alaska Air Group, Inc. (Alaska Air) announced the appointment of Veresh Sita as Vice President and Chief Information Officer of its subsidiary - Alaska Airline - with effect from August 1, 2014. The Company informed that Veresh, in his new role, will oversee a department of 300 information technology professionals and will also be responsible for investing in the infrastructure, enterprise systems and technical innovation at Alaska Airlines and its sister carrier Horizon Air. Alaska Air stated that prior to joining the Company, Mr. Sita served as the Chief Information Officer for Seattle-based Colliers International, a commercial real estate services Company. Alaska Airlines CEO Brad Tilden commented, "Veresh's leadership and rich technology experience will fit well with our culture of innovation and will also help guide the company in our efforts to make travel easier for our customers." The full analyst notes on Alaska Air are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/ALK/report.pdf
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Copa Holdings SA Analyst Notes
On July 11, 2014, Copa Holdings, S.A. (Copa) stock declined slightly by 0.19% to end the day at $144.21. The Company's stock went up 3.91% over the past one trading month compared to the Dow Jones Industrial Average which rose 0.59% and to S&P 500 which grew 1.22% during the same trading period. The full analyst notes on Copa are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/CPA/report.pdf
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GOL Linhas A Analyst Notes
On July 7, 2014, GOL Linhas Aéreas Inteligentes S.A. (GOL) announced that it has signed a codeshare agreement with Etihad Airways, an airline headquartered in Abu Dhabi. The agreement is still upon approval of the ANAC (National Civil Aviation Agency) and CADE (Brazil's antitrust authority). Paulo Kakinoff, GOL's CEO commented, "GOL has been investing in partnerships that are ensuring greater benefits for our customers and strengthening the alliance with Etihad will do precisely that." GOL stated that both Companies already have an interline agreement and the expansion of the partnership through the codeshare agreement will initially allow Etihad Airways to include its code on flights operated by GOL, giving its customers a greater number of connections for destinations in Brazil and South America. The Company added that both the companies will soon sign a Frequent Flyer Program (FFP) agreement thus offering all their customers the benefits of their respective mileage programs - GOL's Smiles and Etihad's Etihad Guest. The full analyst notes on GOL are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/GOL/report.pdf
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