Today's Big Movers: AAI, NPD, ACV, BPZ, KGJI Monday, September 27, 4:41 PM ET, by Market News Video Staff Southwest Airlines (LUV) said today it has agreed to acquire AirTran Holdings (AAI) in a ...
Big Gainers: LNN, AMR, NVO Wednesday, October 20, 5:09 PM ET, by Market News Video Staff Shares of Lindsay Corporation (LNN) are trading higher on Wednesday on news that earnings beat ...
Boeing Says Air Cargo Traffic to Triple by 2029 Tuesday, November 2, 10:58 AM ET, by Market News Video Staff Boeing (BA) announced today that it expects global air cargo traffic to triple by 2029, ...
Airline Stocks Trend Higher Wednesday, November 3, 11:45 AM ET, by Market News Video Staff Airline stocks are trending higher today after Standard & Poors hiked American Airlines parent AMRs ...
By Market News Video Staff, Tuesday, January 11, 2:41 PM ET
Business and leisure travelers won't be happy to see that the major airlines have increased fares for the third time in the past month, but airline investors should be very happy with the news. The latest rate hike originated with Southwest Airlines (NYSE:LUV) raising its fares across most of its routes last week, prompting other major airlines to match the increase over the weekend. Of the major airlines, Delta (NYSE:DAL), American Airlines (AMR) and Continental/United (NYSE:UAL) all increased fares, leading many to believe that the higher prices will remain in place. While the increases were modest -- just $4 - $10 per roundtrip ticket -- many believe these increases will help airlines offset higher fuel costs and protect the strong margins that the airline industry has experienced over the past year.
While airline stocks are trading lower today ahead of the major winter storm approaching the Northeast, higher fares could translate into higher earnings for the sector. Two ETFs are currently dedicated to the airline industry - Direxion Airline Shares (FLYX) and the Guggenheim Airline ETF (AMEX:FAA). FLYX is a relatively new ETF with 15 different holdings and American Airlines as the top stock in the fund. FAA is the more popular ETF with 23 different holdings and Southwest Airlines as the top stock in the fund. For a full list of holdings, visit the FAA Holdings page and the FLYX Holdings page.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AirlineAirlinesAmericanCHANNELContainingETFsFLYXHoldingsInvestmentNYSESouthwestWhileaheadairlineairlinesallowsassetbelievecompletelycurrentlydesigneddifferentearningsfaresfuelfullfundgrowthhappyhigherholdingsincreasedincreasesindustryinvestorsjustmajormanymostoverpagepastportfolioshortstockstocksthatwillwinterwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.