Upcoming AWS Coverage on Spirit Airlines Post-Earnings Results

LONDON, UK / ACCESSWIRE / May 10, 2017 / Active Wall St. blog coverage looks at the headline from American Airlines Group Inc. (NASDAQ: AAL) as the Company announced its April traffic results on May 09, 2017. Under the announcement, the Company reported a record 18.6 billion passenger miles, up 31% on a y-o-y basis. The Airlines' total capacity stood at 22.6 billion seat miles (ASMs), up 0.8% from April 2016. American Airlines, the founding member of Oneworld Alliance, operates nearly 6,700 flights on an average, per day to 339 destinations in 54 countries. Register with us now for your free membership and blog access at:

http://www.activewallst.com/register/

One of American Airlines' competitors within the Major Airlines space, Spirit Airlines, Inc. (NASDAQ: SAVE), reported on April 28, 2017, its Q1 2017 financial results. AWS will be initiating a research report on Spirit Airlines in the coming days.

Today, AWS is promoting its blog coverage on AAL; touching on SAVE. Get all of our free blog coverage and more by clicking on the link below:

http://www.activewallst.com/register/

Revenue Passenger Miles (RPM)

American Airlines reported total RPM for April 2017 to be 18.59 billion which was 3.1% higher than 18.03 billion RPM for April 2016. The Company has executed a definitive strategy where it initially boosted revenue by reducing RPM and eventually, increased the factor to observe greater cash flow. The breakdown of Revenue Passenger Miles for different sectors is as follows:

  1. Domestic RPM observed a minimal surge of 0.8% from April 2016 (10.40 billion) to April 2017 (10.31 billion) as Canada, Puerto Rico, and US Virgin Islands were included in the domestic results.
  2. The Atlantic segment viewed a 13.1% surge from April 2016 to 2.45 billion RPM for April 2017.
  3. Net RPM from Latin American segment was 2.55 billion for April 2017, which was 3.9% higher than the RPM for April 2016.
  4. The Pacific operations observed 1.25 billion RPM for April 2017 versus 978.65 million for April 2016, reporting a 27.7% increase.
  5. Net RPM from International operations was reported to be 6.25 billion RPM for April 2017 versus 5.60 billion RPM for April 2016.
  6. The Mainline segment observed a 3.6% surge from 15.99 billion RPM for April 2016 to 16.56 billion passengers for April 2017.

Available Seat Miles (ASM)

The total ASM advanced by 0.8% from 22.43 billion ASM for April 2016 to 22.60 billion ASM for April 2017. The breakdown of the respective segments is as follows:

  1. Net ASM from the Domestic segment was 12.08 billion for April 2017 which was 1.6% lower than the net ASM for April 2016 (12.28 billion ASM).
  2. The Atlantic segment reported a 1.0% dip in ASM from 3.07 billion ASM in April 2016 to 3.03 billion ASM for April 2017.
  3. The Latin America segment reported a 1.5% advance from 3.23 billion ASM in April 2016 to 3.28 billion ASM for April 2017.
  4. The Pacific segment reported net ASM of 1.57 billion for April 2017 which was 29.5% higher than the 1.21 billion mark for April 2016.
  5. Net ASM from the International segment advanced by 5.0% from 7.50 billion ASM in April 2016 to 7.88 billion ASM for April 2017.

Other Parameters

American Airlines reported its load factor to advance by 0.7% in the last one year from 84.7% for April 2016 to 85.4% for April 2017. In the same period, the Company reported International segment load factor of 79.3% for April 2017 which was 4.6% higher than 74.6% for April 2016. The total load factor reported by the Company was 82.2% in April 2017 which was 1.8% higher than the load factor for April 2016, i.e., 80.4%. The total enplanements in the same period advanced by 0.8% and were 16.53 million for April 2017.

Stock Performance

On Tuesday, May 09, 2017, the stock closed the trading session at $47.08, climbing 4.76% from its previous closing price of $44.94. A total volume of 11.11 million shares have exchanged hands, which was higher than the 3-month average volume of 6.95 million shares. American Airlines' stock price rallied 12.60% in the last month, 18.73% in the past six months, and 44.04% in the previous twelve months. The Company's shares are trading at a PE ratio of 11.51 and have a dividend yield of 0.85%. At Tuesday's closing price, the stock's net capitalization stands at $23.20 billion.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street