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The Latest Breaking News from Savanthi Syth

JetBlue flags higher fuel costs as Iran conflict drags on

Fuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as cut flight frequency ⁠and routes ‌to limit fuel usage.

The Economic Times

How Spirit Airlines’ business model collapsed

How Spirit Airlines’ business model collapsed

COVID, a failed merger, and now a spike in jet fuel prices have conspired to make Spirit's finances unworkable.

United Flies Past Earnings Estimates, Revenue And Guidance Hit Headwinds

United Flies Past Earnings Estimates, Revenue And Guidance Hit Headwinds

Shares of United Airlines Holdings Inc (NASDAQ:UAL) rallied in early trading on Thursday, after the company reported upbeat second-quarter earnings.

From analysis to the latest developments in health,
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Best Strong Buy Stocks for a Stock Picker's Market

Current market conditions have folks seeking out sturdy investment opportunities. These Strong Buy stocks are a good place to start.

Raymond James Cuts United Airlines Price Target By ~23%

Raymond James analyst Savanthi Syth lowered the price target for United Airlines Holdings Inc (NYSE:UAL) to $48 (an upside of 35%) from $62 while maintaining the Outperform rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned…

Raymond James Turns Bullish On Southwest Airlines

Raymond James analyst Savanthi Syth upgraded Southwest Airlines Co (NYSE:LUV) to Strong Buy from Outperform and lowered the price target to $55 (an upside of 56%) from $57. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity…

Raymond James Upgrades Frontier Group - Read Why

Raymond James analyst Savanthi Syth upgraded Frontier Group Holdings Inc (NASDAQ:ULCC) to Outperform from Market Perform while maintaining the same price target of $14 (an upside of 45%). The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity…

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Raymond James Cuts Delta Air Lines Price Target By ~6%

Raymond James Cuts Delta Air Lines Price Target By ~6%

Raymond James analyst Savanthi Syth lowered the price target for Delta Air Lines, Inc's (NYSE:DAL) to $50 (an upside of 73%) from $53 while maintaining the Strong Buy rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and…

Raymond James Shakes Up Ratings & Price Targets On Several US Airlines; Downgrades Alaska Air

Raymond James Shakes Up Ratings & Price Targets On Several US Airlines; Downgrades Alaska Air

Raymond James analyst Savanthi Syth updated ratings and price targets for a few U.S. airlines and revised the estimates. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity growth moderation.

Why Raymond James Upgrades Southwest And Frontier, Downgrades Another Airline Stock

Why Raymond James Upgrades Southwest And Frontier, Downgrades Another Airline Stock

Although U.S. airline companies are poised for a stronger near-term revenue trend, they face elevated fuel prices, a potential demand softening and capacity growth moderation, according to Raymond James. Southwest Airlines

Raymond James Cuts Copa's Price Target By 4%

Raymond James Cuts Copa's Price Target By 4%

Raymond James analyst Savanthi Syth lowered the price target on Copa Holdings (NYSE:CPA) to $110 (an upside of 42%) from $115 while maintaining the Strong Buy rating on the shares. Copa is a Panamanian holding company consisting of Copa Airlines and Copa Colombia. The analyst revised the forecast to reflect higher fuel price forecasts, particularly…

Mask rule for planes and trains still up in the air

Mask rule for planes and trains still up in the air

How much longer will airline travelers and subway riders have to wear face masks

The Independent UK

Raymond James Downgrades This Regional Air Carrier

Raymond James Downgrades This Regional Air Carrier

Raymond James analyst Savanthi Syth downgraded Mesa Air Group Inc (NASDAQ:MESA) to Market Perform from Outperform without a price target, reflecting regional airline industry headwinds. Syth says the magnitude of the impact on earnings appears to be greater than anticipated. Syth further mentions that much of this headwind should ease in early 2023, though…

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