Slowing Economy and EU Regulation Threaten Profits for AMR Corp. and US Airways
The Paragon Report Provides Equity Research on AMR Corporation and US Airways Group
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/13/11 -- The Major Airlines sector has been fighting to contain losses from higher fuel costs and fewer passengers as the global economy stagnates. Airlines have been looking to bag checking, job cutting and reservation change fees to help slow down the losses, which have been somewhat successful across the sector. The Paragon Report examines investing opportunities in the Major Airlines Industry and provides equity research on AMR Corporation (NYSE: AMR) and US Airways Group, Inc. (NYSE: LCC). Access to the full company reports can be found at:
Major airlines are also facing potential profit headwinds courtesy of the US Government and the EU. In the US, the government is trying to impose requirements to make fee information easier to find and understand for fliers. The US airlines are currently trying to persuade the government to delay deadlines for these requirements.
Meanwhile, the EU plans to charge major airlines for carbon emissions, warning it would cost the industry 17.5 billion euros ($23.8 billion) over eight years. Several US and Canada-based airlines and airline associations have sued the EU for its plan to include them in the emissions trading scheme as of next year. Under that plan, all airlines would have to have costly emissions permits for flights to and from EU airports. Among several complaints, the airlines have argued that the EU lacked the jurisdiction to require permits for emissions produced during the entire flight, or even stretches that cross the air space of non-EU countries, the Associated Press Reports.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Major Airlines Industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Last week AMR Corporation subsidiary American Airlines announced that it will reduce passenger-carrying capacity in the October-through-December quarter by about 3 percent compared with late 2010. It cited the weak economy, high fuel costs, and more pilots retiring. Pulling back on capacity means that 2011 costs for flying each seat a mile will increase "modestly" beyond the forecast of as much as 10.1 percent provided on Sept. 21, American said in a statement, without elaborating.
US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,200 flights per day and serves more than 200 communities in the U.S., Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America. Last week the company announced that its mainland passenger load factor was a record 83.6 percent for the month of September, up 1.5 points versus September 2010.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at .
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 13.10.2011 - 12:16 Uhr
Sprache: Deutsch
News-ID 75777
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 159 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Slowing Economy and EU Regulation Threaten Profits for AMR Corp. and US Airways"
steht unter der journalistisch-redaktionellen Verantwortung von
Paragon Financial Limited (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
