Alliances, New Services, Positive Traffic Growth - Research Report on Delta, US Airways, Alaska Air, Copa Holdings, and Spirit Airlines

Fri Aug 30, 2013 8:00am EDT

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Alliances, New Services, Positive Traffic Growth - Research Report on Delta, US Airways, Alaska Air, Copa Holdings, and Spirit Airlines

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NEW YORK, August 30, 2013 /PRNewswire/ --


Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Delta Air Lines Inc. (NYSE: DAL), US Airways Group, Inc. (NYSE: LCC), Alaska Air Group, Inc. (NYSE: ALK), Copa Holdings SA (NYSE: CPA), and Spirit Airlines, Inc. (NASDAQ: SAVE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Delta Air Lines Inc. Research Report

On August 22, 2013, Delta Air Lines Inc. (Delta) announced that its enhanced, long-term and exclusive alliance with GOL Linhas Aéreas Inteligentes has reached another milestone as nearly 20 months of their collaborative work has caused increased traffic and benefit for customers. According to the Company, the commercial team of Delta and GOL has reached its immediate objectives, which encompasses expansion of the codeshare agreement; provision for additional benefits to the airlines' loyal customers; and offering a consistent experience at airports. Ed Bastian, Delta's President and member of GOL's Board of Directors, said, "Our strategic partnership with GOL greatly enhances Delta's network, providing access to 23 destinations in Brazil, The codeshare will continue to expand pending regulatory approvals. Delta and GOL offer a U.S.-Brazil network unrivaled by any other U.S. flag carrier." The Full Research Report on Delta Air Lines Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/DAL]

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US Airways Group, Inc. Research Report  

On August 22, 2013, US Airways Group, Inc. (US Airways) and AMR Corp., the parent company of American Airlines, Inc., announced that they have filed a motion in the United States District Court, Columbia, to fix a trial date in connection with the government's lawsuit to block their merger deal. The Company informed that, in the motion, the two airliners have requested November 12, 2013 as the trial date. Doug Parker, Chairman and CEO of US Airways, incoming Chief Executive Officer of the combined company, said, " The new American Airlines is predicated on growth. This merger is the foundation of American's plan to exit bankruptcy and is the cornerstone of American's and US Airways' plan to form a more competitive and cost-effective airline to take on the country's largest air carriers - Delta, United Airlines, and Southwest - and a number of fast-growing low-cost carriers, including Virgin America, JetBlue, Spirit, and Allegiant. We are committed to resolving this litigation and, if necessary, will pursue all legal options in order to achieve this merger." The Full Research Report on US Airways Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/LCC]

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Alaska Air Group, Inc. Research Report

On August 26, 2013, Alaska Air Group Inc. (Alaska Air) announced that its subsidiary, Alaska Airlines has introduced a nonstop flight service between Portland, Oregon and Atlanta. Joe Sprague, Alaska Airlines' Vice President of Marketing, said, "With these new flights to Atlanta, our Portland-area customers will enjoy nonstop service to a great southeastern city as well as connecting opportunities throughout North America via our partner Delta Air Lines' hub there. Alaska Airlines has added eight new routes from Portland within the last 12 months as we continue our expansion from the Rose City, which includes new service to Dallas-Fort Worth starting on September 16." The Company informed that in celebration of the new service, Alaska is offering a one-way fare of $149, subject to certain conditions, along with the double Mileage Plan miles on Portland-Atlanta flights for travel between August 26, 2013 and October 31, 2013. The Full Research Report on Alaska Air Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/ALK]

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Copa Holdings SA Research Report

On August 7, 2013, Copa Holdings, S.A. (Copa Holdings) reported its preliminary passenger traffic statistics for the month of July 2013. The Company reported revenue passenger miles growth of 14.4% YoY to 1,328.3 million miles (mm), and an 11.3% YoY increase in available seat miles (capacity) to 1,644.7 mm during the month. As a result, the Company's system load factor for the month totaled 80.8%, compared to 78.6% in July 2012. Copa Holdings' International passenger traffic grew 16.2% YoY to 1,284.6 mm, while its domestic traffic decreased 20.8% to 43.7 mm, in July 2013. The Full Research Report on Copa Holdings SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/CPA]

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Spirit Airlines, Inc. Research Report  

On August 12, 2013, Spirit Airlines Inc. (Spirit Airlines) reported its preliminary traffic results for the month of July 2013. The Company reported revenue passenger miles (RPM) growth of 24.6% YoY to 1,151.1 million miles (mm) while capacity increased by 20.5% YoY to 1,258.9 mm. Load factor for the month totaled 91.4%, as compared to 88.4% July 2012. Spirit Airlines's preliminary completion factor for the month was 98.7%. For Q3 2013, the Company expects estimated average economic fuel cost per gallon to be $3.24 and estimated fuel gallons to be 44.7 million. The Full Research Report on Spirit Airlines, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/SAVE]

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