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X @Bloomberg
Bloomberg· 2025-12-02 05:58
AirAsia, one of Airbus SE’s largest customers of single-aisle jets, says testing protocols for aircraft software need to be reexamined in the wake of the weekend glitch that required an urgent update. https://t.co/voZGwzWY4Q ...
X @Bloomberg
Bloomberg· 2025-12-02 03:18
Some 40% of scheduled flights from China to Japan in December have been scrapped, according to Chinese state media, as the fallout for air travel and tourism from a deepening dispute between two of Asia’s largest economies grows https://t.co/Q0Tsp4zgIy ...
X @外汇交易员
外汇交易员· 2025-12-02 01:54
运营日本关西、大阪(伊丹)、神户3座机场的关西机场公司社长山谷佳之在披露财报的说明会上透露,受中国民众避免赴日的影响,“联结关西机场与中国大陆的12月第二周航班数量将比预期减少约34%”。他认为影响在今后也会持续。 ...
Severe weather snarls holiday travel
NBC News· 2025-12-02 00:32
guy wrapped around a telephone pole >> tonight. Another monster winter storm charging east. >> Another truck. Another truck. Another car >> here.Wreaking havoc on roads in Kansas. >> People can't go anywhere. Might have to walk home.>> White out conditions hammering Missouri where new video shows several cars, even a school bus, stranded along this snowy highway near St. Louis. It's unclear if anyone was injured.First responders on scene. Overnight, a rare thunders snow striking Buffalo. This latest wintry ...
Does Copa Holdings Q3 Earnings Beat Justify a Buy Decision Today?
ZACKS· 2025-12-01 20:21
Core Insights - Copa Holdings reported strong demand and solid revenue growth in its third-quarter 2025 financial results, with a focus on operational excellence and fleet expansion [1][3] Financial Performance - Earnings per share (EPS) for Q3 2025 was $4.20, exceeding the Zacks Consensus Estimate of $4.03 and reflecting a 20% year-over-year improvement [2] - Revenues reached $913.1 million, a 6.8% increase year-over-year, although slightly below the Zacks Consensus Estimate of $915 million [2] - Net profit rose 18.7% to $173.4 million, with operating and net margins at 23.2% and 19.0%, respectively [3] Capacity and Operational Metrics - The company is expanding its capacity, with available seat miles (ASM) up 9.6% year-over-year and revenue passenger miles (RPM) increasing 9.3% in October [4] - The load factor for October was 87.2%, indicating strong traffic growth [4] - Copa Holdings ended Q3 with $1.3 billion in liquidity and a low adjusted net debt-to-EBITDA ratio of 0.7x [3] Future Outlook - Management expects consolidated capacity to grow by 8% year-over-year, with operating margins projected between 22-23% [6] - For 2026, capacity growth is anticipated to be 11-13% year-over-year, with unit costs excluding fuel expected to be between 5.7 to 5.8 cents [7] Market Position and Valuation - Copa Holdings' shares have outperformed the Zacks Transportation - Airline industry and the S&P 500 index following the earnings report [10] - The Wall Street average price target for CPA is $158.73 per share, suggesting a 32.5% upside from current levels [11] - The company is trading at a discount compared to the industry based on the forward 12-month price-to-sales ratio, with a Value Score of A [13] Cost Challenges - Total operating expenses increased by 2.9% year-over-year to $700.84 million in Q3 2025, highlighting inflationary pressures [16] - Labor-related expenses rose 5.4%, and other key costs such as sales and distribution, passenger servicing, and airport charges also saw significant increases [16][17] - The rising costs may impact the company's margin resilience in the future, posing challenges to profitability [17]
Israeli carrier Israir in talks to buy 2 Airbus A330 aircraft
Reuters· 2025-12-01 18:28
Israeli carrier Israir said on Monday it was working to acquire two widebody Airbus A330 aircraft for a total of $80 million as it seeks to expand its long-haul routes to help offset a push by Wizz Ai... ...
easyJet plc (ESYJY) Q4 2025 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2025-12-01 16:53
Financial Performance - EasyJet achieved a profit before tax of GBP 665 million for the year ending September 30, 2025, representing a 9% year-on-year increase and an 18% improvement at the EBIT level [1] - The owned asset book value increased by over GBP 0.5 billion during the year, indicating a strengthening of the company's financial position [2] Operational Performance - The company has made proactive investments in resilience, leading to strong operational performance and improved punctuality, despite challenges in the external operational environment, particularly in French airspace [1] - Disruption costs have been materially reduced year-on-year, contributing to enhanced customer satisfaction, which is currently at the highest level in over a decade [2] Strategic Initiatives - EasyJet holidays has surpassed its previous ambitious target and has set a new profit before tax target of GBP 450 million by the full year 2030 [3] - The focus on capital allocation has resulted in a return on capital employed (ROCE) of 18%, a 2 percentage point improvement year-on-year, aligning with the company's medium-term target of high-teen returns on capital [3]
A 13-hour Delta Air Lines flight from China to Detroit diverted to Japan after a mechanical issue
Business Insider· 2025-12-01 15:49
A Delta Air Lines flight from China to the US had to divert to Japan due to mechanical issues. Friday's Flight 388 took off from Shanghai at 5:46 p.m. and was supposed to land in Detroit some 13 hours later.However, less than two hours into the journey, the Airbus A350 began descending off the coast of Japan as it changed course for Tokyo. It touched down at Tokyo Haneda Airport around two hours after taking off.An airline spokesperson told Business Insider the crew "followed procedures to divert to Tokyo ...
Bitcoin falls, Trump says he knows who the next Fed chair will be, Cyber Monday expectations
Youtube· 2025-12-01 15:06
Retail Sector - Black Friday retail sales reached a record $11.8 billion in online spending, an increase of 11.8% year-over-year, with expectations for Cyber Monday to surpass this figure at $14.2 billion [2][4] - Macy's is expected to report a quarterly loss of 14 cents per share, a significant decline of 450% compared to the previous year [4] - Analysts are optimistic about retail performance, noting a potential shift in consumer spending dynamics and the impact of credit card debt on future sales [16][19] Technology Sector - Salesforce is set to announce its Q3 results, with expectations of solid growth and steady demand, although profitability may see only minor changes [6] - The acquisition of Informatica is projected to boost Salesforce's revenue by approximately $1.7 billion over the next year, but increased spending on AI products may affect profit margins [7] - Crowdstrike's Q3 results are anticipated to benefit from heightened demand for cybersecurity products due to rising global threat incidents [5] Cryptocurrency Market - Bitcoin has experienced a significant decline, trading below $87,000, with a drop of over 5% recently, reflecting a broader risk-off sentiment among investors [9][10] - The slowdown in inflows into Bitcoin exchange-traded funds and a downgrade of the USDT stablecoin's stability rating have contributed to the negative sentiment in the crypto market [10][11] - The People's Bank of China's warning about the risks associated with virtual currencies has further exacerbated the selloff in cryptocurrencies [11] Economic Indicators - The Fed's preferred inflation gauge, the Personal Consumption Expenditures (PCE), is expected to remain steady at 0.3% for total PCE and 2% for core PCE on a month-over-month basis [8] - Auto sales data for November is anticipated to show a slight increase to 15.4 million, indicating stable consumer demand for new vehicles [8] Market Outlook - Predictions for the S&P 500 in 2026 range from 7,500 to 8,000 points, with expectations of robust earnings and growing valuations, although concerns about inflation and the job market persist [53][55] - The healthcare sector is seeing increased inflows as investors shift away from large-cap tech, with strong performance noted in drug and medical device companies [40][41]
Airbus finds problem with fuselage panels after fixing software glitch
The Guardian· 2025-12-01 14:15
Airbus has fixed most of its jets affected by a software glitch after a technical problem grounded thousands of its planes, but its shares tumbled on Monday after it discovered a separate issue with its fuselage panels.Airlines around the world cancelled and delayed flights over the weekend after the French plane manufacturer ordered immediate repairs to 6,000 of its A320 family of jets, more than half of its global fleet.Airbus said on Friday that analysis of a recent incident had revealed “intense solar r ...