Pre-Market Technical Recap on Major Airlines Stocks — Delta Air Lines, American Airlines, Spirit Airlines, and United Continental

August 2, 2017 | By forimmediaterele | Filed in: Press Releases.

Travel & Tourism Industry release:

If you want a Stock Review on DAL, AAL, SAVE, or UAL then come over to and sign up for your free customized report today. The Airlines space is forecasted to reach total revenues of $736 billion and generate a net profit of $29.8 billion in 2017 that represents at 4.1% net profit margin, according to a report by the International Air Transport Association. This morning, shifts focus on four major players in the industry to see how they have fared over the past few trading sessions: Delta Air Lines Inc. (NYSE: DAL), American Airlines Group Inc. (NASDAQ: AAL), Spirit Airlines Inc. (NASDAQ: SAVE), and United Continental Holdings Inc. (NYSE: UAL). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

Delta Air Lines 

Atlanta, Georgia headquartered Delta Air Lines Inc.’s shares climbed 1.44%, finishing Tuesday’s trading session at $50.07. A total volume of 7.85 million shares was traded, which was higher than their three months average volume of 7.83 million shares. In the previous three months and since the start of this year, the stock has advanced 4.68% and 1.79%, respectively. The Company’s shares are trading above their 200-day moving average by 2.90%. Moreover, shares of Delta Air Lines, which provides scheduled air transportation for passengers and cargo in the US and internationally, have a Relative Strength Index (RSI) of 35.59.

On July 13th, 2017, research firm Cowen reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $58 a share to $66 a share.

On July 28th, 2017, Delta Air Lines launched phase-one of a test program, designed to enhance the gate experience and streamline the boarding process for customers at T Concourse at Atlanta’s Hartsfield-Jackson International Airport. As part of this three-month pilot project, customers will encounter the following features when traveling through T1, T2, and T3 gates: mobile agent pods, handheld nomad devices, boarding pillars, and e-gates. Free research report on DAL is available at:

American Airlines 

On Tuesday, shares in Fort Worth, Texas headquartered American Airlines Group Inc. recorded a trading volume of 5.04 million shares, and ended the session 1.23% higher at $51.06. The stock has gained 1.47% in the last one month, 16.39% over the previous three months, and 9.36% on an YTD basis. The Company’s shares are trading 1.89% above their 50-day moving average and 10.83% above their 200-day moving average. Furthermore, shares of American Airlines, which through its subsidiaries, operates as a network air carrier, have an RSI of 49.06.

On July 18th, 2017, American Airlines’ team member Azreil “Al” Blackman, an Aviation Maintenance Technician Crew Chief at John F. Kennedy International Airport (JFK) in New York, celebrated 75 years of service with the Airline. At a ceremony at JFK that day, the Airline surprised Blackman by dedicating a Boeing 777 in his honor.

On August 01st, 2017, research firm JP Morgan upgraded the Company’s stock rating from ‘Neutral’ to ‘Overweight’. The complimentary research report on AAL can be downloaded at:

Spirit Airlines 

Shares in Miramar, Florida headquartered Spirit Airlines Inc. closed at $40.79, jumping 4.99% from the last trading session. The stock recorded a trading volume of 3.47 million shares, which was above its three months average volume of 1.33 million shares. The Company’s shares are trading 21.68% below their 50-day moving average. Additionally, shares of Spirit Airlines, which provides low-fare airline services, have an RSI of 22.89.

On July 27th, 2017, Spirit Airlines reported Q2 2017 financial results. Total operating revenue for the quarter was $701.7 million; GAAP net income was $78.1 million, or $79.1 million excluding special items; and GAAP operating margin was 18.9%, or 19.1% excluding special items. The Company ended Q2 2017 with unrestricted cash, cash equivalents, and short-term investments of $969.6 million.

On August 01st, 2017, research firm JP Morgan upgraded the Company’s stock rating from ‘Neutral’ to ‘Overweight’. Visit today and access our complete research report on SAVE at:

United Continental 

Chicago, Illinois-based United Continental Holdings Inc.’s stock ended 0.27% higher at $67.86 with a total trading volume of 2.75 million shares. The Company’s shares are trading slightly below their 200-day moving average by 5.21%. Shares of the Company have, which together with its subsidiaries, provides air transportation services in North America, Asia/Pacific, Europe, Middle-East, Africa, and Latin America, an RSI of 25.69.

On July 20th, 2017, United Airlines, a subsidiary of United Continental Holdings, announced that Terri Fariello has been named Senior Vice President, Government Affairs. Based in Washington, D.C., Fariello will lead the Company’s federal, state, and local government engagement. She joins the Company from ExxonMobil, where she served as Vice President of its Washington, D.C. office, and led its federal and state government affairs. Get free access to your research report on UAL at:

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