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Jim Vondruska - 1 Refinitiv - 1 Jefferies - 1 Sheila Kahyaoglu - 1 TD Cowen - 1 Frank Holmes - 1 Steve Solomon - 1 Hopper - 1
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Search resuls for: "Airlines Reporting Corporation"


3 mentions found


☆ US airline stock valuations stuck on runway despite travel boom
  + stars: | 2023-07-12 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +4 min
REUTERS/Jim Vondruska/File PhotoCHICAGO, July 12 (Reuters) - Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. Airline shares have suffered because of bearish sentiment about the broader economy as interest rates are up sharply and inflation remains high, analysts said. There are still no signs of air travel demand waning as ticket purchases for the rest of 2023 are up 4%, said Steve Solomon, ARC's chief commercial officer. Believers in airline stocks have seen signs of hope this year. Global Investors' Holmes said airline shares are poised for even more gains.
Persons: Jim Vondruska, Refinitiv, Jefferies, Sheila Kahyaoglu, TD Cowen, Frank Holmes, Steve Solomon, Hopper, Hayley Berg, Hopper's, airfares, Holmes, Rajesh Kumar Singh, Ben Klayman, Nick Zieminski Organizations: Chicago Midway International, REUTERS, Airline, US Global Jets ETF, United Airlines, Delta Air Lines, Airlines, Global Investors, U.S . Transportation, Airlines Reporting Corporation, ARC, airfare, Delta, American Airlines, Global, Thomson Locations: Chicago , Illinois, U.S, Europe, United
☆ There's a 50% higher chance your flight will be delayed if it leaves after 3 p.m., a new report says
  + stars: | 2022-10-19 | by ( Brady Macdonald | ) www.businessinsider.com   time to read: +3 min
Flights that depart after 3 p.m. have a 50% higher chance of being delayed, a new report says. Flight cancellations have decreased considerably, however, in the past six weeks since the ARC data was collected. Flights in the US that depart after 3 p.m. have a 64% higher chance of being canceled on average, according to the report. Airlines around the world have seen higher cancellation rates in 2022 compared to pre-pandemic levels in 2019, according to the report. Ticketing data shows a return of business travel following a surge in leisure travel during the first half of 2022.
☆ A new report reveals the best — and worst — days to book a flight
  + stars: | 2022-10-19 | by ( Brady Macdonald | ) www.businessinsider.com   time to read: +2 min
Data from the new 2023 Air Travel Hacks Report from ARC and Expedia reveals the best day to book flights. The best day of the week to book your airfare is a Sunday. The new 2023 Air Travel Hacks Report from Airlines Reporting Corporation and Expedia released on Wednesday offers hacks, tips, and tricks on booking your next flight. You can save 10% by booking domestic flights a month in advance and international flights six months before traveling, according to the travel data firm. Ticketing data shows a return of business travel following a surge in leisure travel during the first half of 2022.
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