|Bid||4.5600 x N/A|
|Ask||4.6000 x N/A|
|Day's range||4.3600 - 4.3800|
|52-week range||4.3400 - 13.5000|
|Beta (5Y monthly)||2.10|
|PE ratio (TTM)||7.93|
|Earnings date||24 Oct 2023 - 30 Oct 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The looming threat of a government shutdown could carry significant challenges for the travel industry, potentially resulting in daily losses nearing $140 million. The aviation sector is anticipated to be the hardest hit, with the possibility of essential workers being required to work without pay. Yahoo Finance Live is joined by Boyd Group International President Mike Boyd to discuss the implications for consumer travel and the challenges that may arise for the Federal Aviation Administration. "Overall, it's just going to accelerate a decline in the efficiency of our air transportation system... also issues of oversight of airlines, oversight of airports, oversight of manufacturers and components," Boyd says. "That's where the real sand might get into the works." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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