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Airline company $UAL said that for July 2016, its consolidated traffic (revenue passenger miles) rose 1.2% & consolidated capacity (available seat miles) rose 0.7% vs. July 2015. The company's consolidated load factor for the same period rose 0.5 points vs. July 2015. $UAL expects 3Q16 consolidated passenger unit revenue to fall 5.5-7.5% vs. 3Q15.
$DAL has good news for New York - Rio de Janiero fliers. Delta plans to start new daily non-stop service between JFK and GIG in Dec. 2017.
Wow!! $MU’s shares rising rapidly. I guess that’s because they beat their second quarter earnings estimates.
It’s not much surprising $FTR shares hit an all-time low as the decline was consistent since the beginning of the year.