Strategic Collaborations and Airline Traffic Reports - Research Report on Canadian Pacific, Southwest Airlines, UAL, Allegiant, and JetBlue
NEW YORK, July 17, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Canadian Pacific Railway Limited (NYSE: CP), Southwest Airlines Co. (NYSE: LUV), United Continental Holdings, Inc. (NYSE: UAL), Allegiant Travel Company (NASDAQ: ALGT), and JetBlue Airways Corporation (NASDAQ: JBLU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Canadian Pacific Railway Limited Research Report
On July 11, 2013, Canadian Pacific Railway Limited (Canadian Pacific) and K+S Potash Canada signed an exclusive long-term volume-based contract on the transportation of potash products from K+S' Legacy Site. Under the contract, Canadian Pacific reported that potash will be moved from the Legacy Site, to a Western Canadian port of export for overseas destinations and via CP's extensive network to domestic Canadian and US markets. "Canadian Pacific is extremely pleased to be a partner with K+S Potash Canada in providing the capability to move potash to market via our rail-direct network," said CP President and Chief Operating Officer, Keith Creel. "The capacity, flexibility and market access of CP's network on our Western corridor, as well as efficient route options into the United States, ensures a growth opportunity for both companies." The Full Research Report on Canadian Pacific Railway Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/09c7_CP]
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Southwest Airlines Co. Research Report
On July 9, 2013, Southwest Airlines Co. (Southwest Airlines) reported its traffic for June 2013. The Company announced that it flew 9.8 billion revenue passenger miles (RPMs), a 2.3% YoY increase. Its available seat miles (ASMs) grew 1.7% YoY to 11.6 billion. Load factor for June 2013 was 85% compared to 84.4% in June 2012. The Company estimates the passenger revenue per ASM (PRASM) to have declined 1% YoY in June 2013. The Full Research Report on Southwest Airlines Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/8621_LUV]
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United Continental Holdings, Inc. Research Report
On July 8, 2013, United Continental Holdings, Inc. (UAL) reported its operational results for June 2013. The Company's consolidated traffic (revenue passenger miles) decreased 0.6% YoY and its consolidated capacity (available seat miles) decreased 2% YoY. The Company's consolidated load factor increased 1.2 points from June 2012. Further, UAL's consolidated passenger revenue per available seat mile (PRASM) increased approximately in the range of 3.5% to 4.5% YoY. UAL's completion factor for the month of June 2013 was 98.8% compared to 98.5% in June 2012, while its on-time performance was 71.1% compared to 70.1% in June 2012. The Full Research Report on United Continental Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/148a_UAL]
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Allegiant Travel Company Research Report
On July 8, 2013, Allegiant Travel Company (Allegiant) announced its preliminary passenger traffic results for June 2013. The Company's total system revenue passenger miles increased 25.5% YoY while its available seat miles, grew 24.6% YoY. Allegiant's load factor for June 2013 was at 89.7% compared to 89% in June 2012. Commenting on the results, Andrew Levy, President of Allegiant Travel Co said, "June revenue was weaker than anticipated." He continued, "However, we are expecting that year over year PRASM growth in each month of the third quarter will be better than what we have seen in the month of June." The Full Research Report on Allegiant Travel Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/91f1_ALGT]
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JetBlue Airways Corporation Research Report
On July 11, 2013, JetBlue Airways Corp. (JetBlue) reported its preliminary traffic results for June 2013. Traffic for the month grew 7.8% YoY on a capacity increase of 8% YoY. JetBlue's load factor was 85.7%, compared to 85.9% in June 2012. Its preliminary completion factor was 99.3% and its on-time performance was 69.6% in June 2013. JetBlue's preliminary passenger revenue per available seat mile (PRASM) for June 2013 was relatively flat year on year due to the negative impact of a one-time non-cash adjustment related to the points expiration change in JetBlue's loyalty program, which lowered PRASM by approximately one percentage point. 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.wsreports.com/r/full_research_report/3814_JBLU]
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SOURCE Wall Street Reports
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