|Bid||4.4800 x N/A|
|Ask||4.5600 x N/A|
|Day's range||4.3000 - 4.5400|
|52-week range||4.3000 - 13.7000|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||24 Oct 2023 - 30 Oct 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Spirit Airlines (SAVE) and American Airlines (AAL) shares are trading lower after cutting their forecasts, with both airlines citing higher fuel costs. Spirit Airlines also says promotional activity and decreasing demand are some of the reasons for its cut. They follow Southwest Airlines (LUV) and Alaska Air Group (ALK) which also recently warned of the financial impact of higher fuel costs. Yahoo Finance Live discusses how demand and higher fuel costs are impacting the airline industry.
DENVER, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, President & CEO, will present at the Morgan Stanley 11th Annual Laguna Conference on Wednesday, September 13, 2023 at 12:15pm PT. The event will be webcast and may be accessed through a link posted to the Company’s investor relations website at https://ir.flyfrontier.com/news-and-events/events About Frontier Airlines Frontier Airline
Southwest (LUV), United (UAL), and Alaska Air (ALK) all raised jet fuel cost guidance, warning of higher prices to come. Yahoo Finance Live's Brad Smith and Julie Hyman break down the report and the outlook for airlines.