New Destinations, Financial Results, Partnerships, and New Appointments - Research Report on Delta Air Lines, Air Group, JetBlue, Spirit Airlines, and LATAM Airlines
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NEW YORK, August 26, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Delta Air Lines, Inc. (NYSE: DAL), Alaska Air Group, Inc. (NYSE: ALK), JetBlue Airways Corporation (NASDAQ: JBLU), Spirit Airlines Incorporated (NASDAQ: SAVE), and LATAM Airlines Group SA (ADR) (NYSE: LFL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Delta Air Lines, Inc. Research Report
On August 21, 2013, Delta Air Lines, Inc. (Delta Air Lines) announced that the Company is adding new daily nonstop service from Seattle-Tacoma International Airport to Seoul-Incheon International Airport and Hong Kong International Airport, subject to government approval, starting June 2, 2014 and June 16, 2014, respectively. According to the Company, it is able to offer new service to Seoul and Hong Kong due to strong support from its local Seattle and Pacific Northwest customers as well as its strategic partnership with Alaska Air Lines. Mike Medeiros, Delta's Vice President, Seattle, said, "By offering new service from Seattle to Seoul and Hong Kong, Delta will now offer customers service to the top five destinations in Asia." Delta Air Lines informed that since 2009, Delta's Pacific capacity has increased over 20% mainly led by the development of Detroit and Seattle into core Asia gateways. The Company stated that tickets for the new flights will be available for purchase from August 24, 2013. The Full Research Report on Delta Air Lines, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2ea3_DAL]
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Alaska Air Group, Inc. Research Report
On August 21, 2013, Alaska Airlines, a subsidiary of the Alaska Air Group, Inc. (Air Group), announced three new managing directors for its Customer Innovation and Information Technology divisions. John Brewer was named Managing Director of Ecommerce and Distribution, Vikram Baskaran was named Managing Director of Airline Operations Applications, and Troy Kaser was named as the Managing Director of Customer Systems. Kris Kutchera, Alaska Airlines' Vice President of Information Technology, stated, "These new positions highlight Alaska Airlines' continued investment in customer-friendly technology and innovation. They will help us achieve our strategic goal of making our travelers' experience-from buying a ticket to boarding their plane-as simple and efficient as possible." The Full Research Report on Alaska Air Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4390_ALK]
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JetBlue Airways Corporation Research Report
On August 15, 2013, JetBlue Airways Corporation (JetBlue), New York's Hometown Airline, and British Airways announced an interline agreement to connect the carriers' networks at New York's John F. Kennedy International Airport (JFK), Boston Logan International Airport (BOS), Orlando International Airport (MCO), and Washington Dulles International Airport (IAD). According to JetBlue, the carriers plan to interline on 18 daily transatlantic British Airways flights, more than 50 US routes on the JetBlue network, and more than 100 British Airways routes beyond London. The Company informed that led by the commercial agreement between airlines, JetBlue customers will be able to access a variety of British Airways destinations beyond London, including Europe, Africa, the Middle East, and India, while British Airways customers will have access to US destinations such as Burlington, Vermont (BTV); Martha's Vineyard, Massachusetts (MVY); Nantucket, Massachusetts (ACK); and Portland, Maine (PWM). The Full Research Report on JetBlue Airways Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3c10_JBLU]
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Spirit Airlines Incorporated Research Report
On August 19, 2013, Spirit Airlines Incorporated (Spirit Airlines) announced that it is beginning its seasonal service between Minneapolis-St. Paul International Airport (MSP) and Los Angeles (LAX), Orlando (MCO), Phoenix Sky Harbor (PHX), and Tampa. The Company stated that the nonstop daily flights will start from November 7, 2013. Spirit Airlines' Vice President of Network Planning Mark Kopczak, said, "Since starting service at MSP a little over a year ago, our unique product offering has become popular with savvy, value-conscious customers throughout the region who appreciate saving money on travel with Spirit's ultra low fares, optional add-ons and low total prices that are tough to beat." According to the Company, it has continued to grow since it began its service at MSP in June 2012 and currently offers nonstop service from MSP to Chicago Dallas/Fort Worth, Denver (summer seasonal) and Las Vegas, as well as nonstop seasonal service resuming to Fort Lauderdale and Fort Myers on November 7, 2013. The Full Research Report on Spirit Airlines Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/bff0_SAVE]
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LATAM Airlines Group SA (ADR) Research Report
On August 20, 2013, LATAM Airlines Group SA (ADR) (LATAM Airlines Group) reported its Q2 2013 financial results with total operating revenue increase of 0.3% YoY to $3.1 billion. According to the Company, the growth is a result of a 1.7% YoY increase in cargo revenues to $486.5 million and a 64.3% increase in other revenues to $92.3 million, partially offset by a 1.4% decrease in passenger revenues to $2.5 billion. Net loss was $329.8 million compared to a net loss of $448.8 million in Q2 2012. The Company expects operating margin to be in the range of 4% to 6% for full year 2013, assuming an average exchange rate of approximately BRL/USD 2.30 and jet fuel price of $122 per barrel for H2 2013. The Full Research Report on LATAM Airlines Group SA (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/052d_LFL]
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SOURCE Analysts' Corner
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