Might be something bigger than that. The slot swap is a good deal for both, but a 19% jump is really significant for what the airlines involved touted as neutral.

AMR is also trading over 10 million shares today as well.

My gawd! Check out the volumes of DAL & LCC! I'm not a stock dude, but that's what stands out to me.

09-13-2011 | 09:26 AM

#75482

johnso29

Moderator

Joined: Oct 2006

Posts: 13,088

Likes: 0

From: B757/767

Quote:

Originally Posted by RockyBoy

Nope. Pulling back capacity for 2012. That seems to be the only bit of news that causes airline stocks to go up the last few years. If we post a record quarterly profit and forecast an increase in revenue, the stock goes nowhere. If we say we see demand dropping, increasing costs, global uncertainty, so we're pulling back capacity, the stock soars.

An important thing to note is that they didn't say it was Mainline being pulled back. This could very well be more RJ reduction. Remember, Comair still has 50 seaters to be parked in 2012.

09-13-2011 | 09:29 AM

#75483

acl65pilot

Happy to be here

Joined: Jun 2006

Posts: 18,563

Likes: 0

From: A-320A

Quote:

Originally Posted by johnso29

My gawd! Check out the volumes of DAL & LCC! I'm not a stock dude, but that's what stands out to me.

AMR is not too far behind but has not gone over 130% where they are normally flagged.

UAL is doing well too.

09-13-2011 | 09:34 AM

#75484

Milehighrabbi

Line Holder

Joined: Nov 2010

Posts: 25

Likes: 0

From: M88B

Quote:

Originally Posted by johnso29

My gawd! Check out the volumes of DAL & LCC! I'm not a stock dude, but that's what stands out to me.

Ding ding ding. Winner!

It's the volume, not the price, of DAL and LCC that tell the story.

09-13-2011 | 09:40 AM

#75485

acl65pilot

Happy to be here

Joined: Jun 2006

Posts: 18,563

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From: A-320A

Quote:

Originally Posted by Milehighrabbi

Ding ding ding. Winner!

It's the volume, not the price, of DAL and LCC that tell the story.

Yep, and AMR and UAL are at 125 and 120 as well. A far cry from 300% but still trading a significant amount.

09-13-2011 | 10:12 AM

#75486

1234

Gets Weekends Off

Joined: Feb 2009

Posts: 782

Likes: 0

From: 717

Quote:

Originally Posted by acl65pilot

Might be something bigger than that. The slot swap is a good deal for both, but a 19% jump is really significant for what the airlines involved touted as neutral.

AMR is also trading over 10 million shares today as well. UAL is trading above average too.....

Not sure what you mean. What might be bigger than the slot swap?

09-13-2011 | 10:32 AM

#75487

acl65pilot

Happy to be here

Joined: Jun 2006

Posts: 18,563

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From: A-320A

Quote:

Originally Posted by 1234

Not sure what you mean. What might be bigger than the slot swap?

In my opinion, no consolidation happens until the slot swap has final approval. As soon as the movers and shakers know that the deal will be approved, another round of consolidation is very likely. It all hinges on the slot swap since LCC will more than likely be involved in any deal that results in further consolidation.

I have my scenarios drawn out, and I suspect DAL will be a player, but not as acquirer of LCC in whole.

09-13-2011 | 10:35 AM

#75488

firstmob

Line Holder

Joined: Feb 2009

Posts: 851

Likes: 0

Quote:

Originally Posted by acl65pilot

Have you heard anything positive ref the slot/swap?

09-13-2011 | 10:44 AM

#75489

tsquare

No longer cares

Joined: Mar 2008

Posts: 12,109

Likes: 0

From: 767er Captain

Quote:

Originally Posted by Milehighrabbi

Ding ding ding. Winner!

It's the volume, not the price, of DAL and LCC that tell the story.

And what story might that be?

09-13-2011 | 10:48 AM

#75490

acl65pilot

Happy to be here

Joined: Jun 2006

Posts: 18,563

Likes: 0

From: A-320A

Quote:

Originally Posted by firstmob

Have you heard anything positive ref the slot/swap?

I think that given the time that has transpired, it would be very hard for the government to deny this attempt. Never say never, but I saw LUV's complaint as a weak attempt that they just put out there.