Southwest Airlines and Alaska Air Earnings: A Tale of 2 Californias
In the past few years, Southwest Airlines (NYSE: LUV) and Alaska Air (NYSE: ALK) have been arguably the two most successful U.S. airlines. Southwest and Alaska have achieved enviable margins through a combination of low fares and an unrelenting focus on efficiency.
However, the two carriers' fates diverged in the third quarter. Southwest Airlines posted another strong quarterly profit. Meanwhile, Alaska Air stumbled, reporting a significant year-over-year decline in its profitability. The discrepancy can be traced back largely to how these two airlines performed in California.
Last quarter, Southwest Airlines was hit hard by Hurricane Harvey and Hurricane Irma. In total, the storms reduced the company's revenue by about $100 million. Nevertheless, revenue per available seat mile (RASM) declined just 0.5% year over year.
Source: Fool.com
Southwest Airlines Co. Aktie
Aktuell gibt es mit 14 Buy-Einschätzungen und 7 Sell-Einschätzungen ein positives Sentiment für die Southwest Airlines Co. Aktie.
Ein Kursziel von 33 € für Southwest Airlines Co. signalisiert eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 26.27 €.
