Previously, American Airlines had suspended flights to mainland China and Hong Kong through Mar 27 and Feb 20, respectively. Additionally, flights between Los Angeles and Hong Kong will remain suspended through Apr 24. The carrier’s flights connecting Dallas-Fort Worth and Hong Kong will be non-operational through Apr 23. American Airlines stated that flights connecting its Dallas-Fort Worth and Los Angeles hubs and mainland China will be suspended through Apr 24. Breeze Airways has also reportedly ordered 60 new Airbus jets, scheduled to be delivered from Apr 2021.ĥ. The jets will be delivered from May 2020. Reportedly, Breeze intends to lease 30 Embraer E195 jets from Azul, another carrier which was launched by Needleman. Once operational, the new airline will serve mid-sized cities in the United States that don’t get many direct flights. Reportedly, an application has already been filed with the US Department of Transportation seeking an airline operating certificate. (Read more: Gol Linhas' January Traffic & Load Factor Increase).Ĥ Breeze Airways is the fifth carrier to be launched by Neeleman. Consolidated load factor improved to 83.9% from January 2018’s 83.5%, as traffic grew and capacity contracted. On a year-over-year basis, consolidated capacity declined 0.1%. At Gol Linhas GOL, consolidated traffic for January inched up 0.4% year over year. (Read more: Hawaiian Airlines' January Traffic Up but Load Factor Down).ģ. Load factor deteriorated 70 basis points to 83.6%. Capacity (measured in Available Seat Miles) climbed 7.5% to 1.83 billion in the period. At Hawaiian Airlines, January traffic (measured in Revenue Passenger Miles) increased 6.6% to 1.53 billion. You can see the complete list of today’s Zacks #1 Rank stocks here.Ģ. (Read more: Azul's Traffic & Load Factor Increase in January).Īzul sports a Zacks Rank #1 (Strong Buy). On a year-over-year basis, consolidated capacity (measured in available seat kilometers/ASKs) expanded 26.5% to 3.9 billion, driven by 25.2% and 30.5% increase in domestic and international capacity, respectively. At Azul, consolidated traffic (measured in revenue passenger kilometers/RPKs) rose 29.1% year over year to 3.32 billion owing to 28.3% growth on the domestic front and a 31.5% rise internationally. Recap of the Past Week’s Most Important Storiesġ. (Read the Last Airline Stock Roundup here). The decision came due to the slackening of demand on the routes resulting from the coronavirus outbreak. Additionally, American Airlines AAL extended the period of suspension of its flights to mainland China and Hong Kong from its Dallas-Fort Worth and Los Angeles hubs through April.
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