How Hurricane Milton will impact airline stocks

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 67 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 63%

Steve Trent समाचार

Severe Weather,Discount Airlines,Hurricane Milton

The airline industry is grappling with multiple challenges, including severe weather events such as Hurricane Milton in Florida disrupting operations. Citi...

The airline industry is grappling with multiple challenges, including severe weather events such as Hurricane Milton in Florida disrupting operations. Citi Managing Director Steve Trent joins to analyze airline stocks amid these headwinds.

I do wanna start on those natural disasters, specifically Hurricane Milton heading towards Florida as we speak to.And when we think about the impact of a storm, roughly speaking, rule of thumb, every 1% decline in available seat mile growth, uh translates into a a two some odd percent decline uh in pre tax earnings, all all sequel.So we saw two years ago, Delta lose three pennies per share um on the storm that hit Fort Myers you know, let's see what happens this time.

You need co branded card loyalty, uh significant premium cabin to really offset the seat, no cost challenges. I wanna get your take on uh these headlines that that talks have broken down between Boeing and the Union.So not, not looking to pin you down on, on that name specifically, but just your broader take, Steve on the ripple effects of this across your coverage universe.I mean, I think on a longer term basis there's just uh over the next couple of years, very likely to be uh a paucity of new equipment per capita.

Uh And then we think of names on the aircraft, lesser side, for instance, that maybe see some market share gains and air cap comes to mind.So I think Three Q is pretty much settled as we look into the fourth quarter.Uh I know they said that recently but since they said that we've had oil move up a bit.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 47. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Stock futures, Hurricane Milton, PepsiCo earnings: 3 ThingsStock futures (ES=F, NQ=F, YM=F) and Treasury yields (^TYX, ^TNX, ^FVX) move higher Tuesday morning as markets look to Thursday's Consumer Price Index (CPI) ...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »