Key Takeaways DAL posted better-than-expected Q2 earnings and revenues, though earnings fell year over year. Labor costs jumped 10% in Q2 due to higher wages from a 2023 pilot contract. A 13% drop in fuel expenses helped offset rising costs, aided by falling oil prices in the June quarter.Delta Air Lines (DAL) reported better-than-expected earnings per share and revenues in the second quarter of 2025, results of which were unveiled yesterday. However, the bottom line declined substantially year over year ...

LAS VEGAS, June 27, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2025. Scheduled Service – Year Over Year Comparison May 2025 May 2024 Change Passengers 1,545,033 1,414,692 9.2 % Revenue passenger miles (000) 1,391,969 1,263,087 10.2 % Available seat miles (000) 1,732,505 1,489,477 16.3 % Load factor 80.3 % 84.8 %  (4.5pts) Departures 11,174 9,615 16.2 % Average stage length (miles) 884 ...

Crude oil prices after the US bombing of Iran's nuclear sites EQUITY: JAPAN OIL PRODUCTS Crude oil market waiting to see how Iran responds Quick Note US military bombs Iran's nuclear sites Shinichi Yamazaki - NSC shinichi.yamazaki.a3@nomura.com +81 3 6703 1133 over the weekend, the US military bombed three nuclear sites in Iran (Fordow, Natanz, and Isfahan) in an action dubbed Operation Midnight Hammer. US Defense Secretary Pete Hegseth announced that the operation involved 14 state-of-the-art "bunker buste ...

Industry Overview - The Zacks Airline industry is involved in transporting passengers and cargo globally, with operators maintaining a fleet of mainline jets and regional planes [3] - The industry includes both legacy carriers and low-cost airlines, and its performance is closely tied to the overall economy [3] - Air travel demand has improved significantly from pandemic lows, indicating a recovery trend [3] Current Market Conditions - The gradual de-escalation of the Israel-Iran conflict has led to a decline in oil prices, positively impacting airline fuel costs [1][9] - The average jet fuel cost is projected to decrease to $86 per barrel in 2025 from $99 per barrel in 2024, contributing to a lower total fuel bill of $236 billion in 2025 compared to $261 billion in 2024 [8] - Despite low fuel costs, airlines are facing increased labor costs due to a post-COVID-19 labor shortage, which is affecting their bottom-line growth [10] Financial Performance and Projections - The International Air Transport Association (IATA) forecasts total airline revenues to reach $979 billion in 2025, with passenger revenues expected to hit $693 billion, marking a 1.6% increase from 2024 [4] - A record 4.99 billion passengers are anticipated to travel globally in 2025, representing a 4% increase from 2024 [4] - The Zacks Airline industry has outperformed the S&P 500, returning 22.7% over the past year compared to the S&P 500's 9.6% rise [14] Shareholder Returns - Airlines are increasingly returning cash to shareholders through dividends and buybacks, reflecting financial strength and confidence [5] - Delta Air Lines has approved a 25% dividend hike, raising its quarterly cash dividend to $0.75 from $0.60, to be paid on August 21, 2025 [6][7] Investment Opportunities - LATAM Airlines is experiencing strong air travel demand, with a 3.6% increase in passengers in Q1 2025 compared to the same period in 2024, and a 28.8% upward revision in earnings estimates [22] - Copa Holdings is benefiting from regional economic expansion and has consistently beaten earnings estimates, with upward revisions of 6.3% and 4.5% for current and next-year earnings, respectively [26][27] - SkyWest has gained 7.5% over the past three months, with a 3.5% upward revision in earnings estimates for 2025 [31]

Southwest Airlines TodayLUVSouthwest Airlines$31.78 -0.42 (-1.31%) 52-Week Range$23.58▼$36.12Dividend Yield2.27%P/E Ratio44.16Price Target$31.88Add to WatchlistNew geopolitical conflicts in the Middle East have created a new wave of uncertainty and volatility in the S&P 500 index and the rest of the global markets. However, one specific market has become the poster child of all this uncertainty, and that is the energy sector, particularly regarding oil prices. The price of oil rallied from the $60-per-barr ...