Gol Linhas (GOL) reports impressive November traffic data on the back of a strong demand for air travel. Improvement in the Latin American economy is also aiding the stock.
The Zacks Analyst Blog Highlights: Hawaiian Holdings, Allegiant Travel, Copa Holdings, Alaska Air Group and United Continental Holdings
Buoyant traffic data from Copa Holdings (CPA) has contributed to the NYSE ARCA Airline Index rising.
Copa Holdings (CPA) benefits from the improved economic scenario in Latin America as well as healthy air-travel demand. Its unit revenues rise while unit costs decline.
Copa Holdings (CPA) seems to benefit from an improved Latin American economy backed by a strong demand for air travel. Its robust October traffic report is also encouraging.
Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for October 2017:
Research Desk Line-up: Copa Holdings Post Earnings Coverage
Strong demand for air travel boosted Q3 results of Latin American carriers like GOL Linhas (GOL). Alaska Air's (ALK) decision to call off its Cuba flights might be due to the new travel policy.
NEW YORK, NY / ACCESSWIRE / November 9, 2017 / Copa Holdings, S.A. Class A (NYSE: CPA) will be discussing their earnings results in their Q3 Earnings Call to be held on November 9, 2017 at 11:00 AM Eastern...
GOL Linhas' (GOL) Q3 results were aided by a strong demand for air travel. Also, the company's focus on capacity discipline is a positive.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Copa Holdings S. .
Expeditors (EXPD) reported better-than-expected earnings and revenues in Q3 on the back of robust volume growth. All divisions of the company performed well in the quarter.
Stiff contest from other Latin American carriers and challenges on international air travel might hurt Copa Holdings (CPA) in Q3. However, an improving economic scenario can turn the stock around.
The NYSE ARCA Airline Index is declining despite a number of companies beating earnings estimates in Q3.
C.H. Robinson (CHRW) impresses with outperformance in the third quarter owing to volume growth across all its transportation services.
UPS outperformed in the third quarter of 2017 aided by strong export volumes. The company also raised its earnings per share view for full-year 2017.
Higher costs lead to a year-over-year decline in Allegiant's (ALGT) third-quarter 2017 earnings per share.
American Airlines' (AAL) third-quarter 2017 earnings declined due to high costs and the recent hurricanes.
Copa Holdings (CPA) impresses with a solid rise in traffic figures for September. Load factor in the month increased owing to traffic expansion outshining capacity growth.