One is a boring business delivering blistering growth. Another is a red-hot oil and gas producer set

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One of the major news that surfaced cheap airline ticket online international in the past one week is the launch of PEOPLExpress, which is scheduled to start operations from June-end. In addition, JetBlue Airways Corporation s ( JBLU - Analyst Report cheap airline ticket online international ) codeshare agreement with Singapore Airlines and GOL Linhas Aereas SA s ( GOL - Analyst Report ) strategic partnership with France-KLM SA were some of the other highlights of the past week.
1. Southwest Airlines Co. ( LUV - Analyst Report ) was reportedly fined $200,000 for misleading customers through deceptive TV commercials. According to the U.S. Department of Transportation (DOT), Southwest Airlines advertised flight fares for a mere $59 from Atlanta to New York, Chicago and Los Angeles. However, no seats were booked at that price. Consequently, regulators charged the company for violating rules related to advertising of airline fares. (Read more: Southwest Airlines in Trouble over TV Ads )
2. In an attempt to strengthen its network, Delta Air Lines Inc. ( DAL - Analyst Report ) has announced new non-stop cheap airline ticket online international flights from Seattle to popular ski and beach destinations across the Americas. Delta is eyeing the maximum number of international destination flights from Seattle, higher than any of its peers. (Read More: Delta to Expand Seattle Network )
3. Brazilian cheap airline ticket online international carrier GOL Linhas has received the green signal from its board to proceed with its exclusive strategic partnership with European giant Air France-KLM SA. This deal will provide GOL with an opportunity to expand its operations between Brazil and Europe. (Read more : GOL-Air France-KLM Deal Gets Approval )
4. On May 29, JetBlue Airways announced that it has applied to the U.S. Department of Transportation to enter into a bilateral codeshare agreement with Singapore Airlines. cheap airline ticket online international The latest agreement, which is awaiting regulatory approval, will provide access to five new destinations across Europe and Asia for JetBlue passengers. (Read more: JetBlue, Singapore Airlines in Codeshare Pact ).
5. Once lost in the history of the airline industry, PEOPLExpress is now set to make a comeback. However, this time it is a new airline carrier reviving the old brand name of PEOPLExpress, cheap airline ticket online international which operated during 1981-87 as a low-cost carrier, prior to its merger with Continental Airlines, subsidiary of United Continental Holdings, Inc. ( UAL - Analyst Report ). (Read more: PEOPLExpress to Fly as Budget Carrier )
In terms of performance over the past 6 months, most of the stocks have also fared reasonably well with the exception cheap airline ticket online international of Copa Holdings, which dropped 3.2% over the period. The biggest gainers in the 6-month span were American Airlines cheap airline ticket online international and Hawaiian Holdings ( HA - Snapshot Report ), sporting growth of 85.1% and 78.1%, respectively.
The current week records some major announcements by the International Air Transport Association (IATA). Early this week, IATA announced its 2014 profit outlook for the global airline industry, which has been trimmed down by $700 million from the previous forecast to $18 billion.
However, in the annual cheap airline ticket online international general meeting in Doha, IATA director general and chief executive, Tony Tyler projected $746 billion in global revenues, which is up by $1 billion from the previous guidance given in March.
While IATA chief economist Brian Pearce remains hopeful about the performance of Middle East and North American cheap airline ticket online international aviation companies, cheap airline ticket online international a slowdown in China s economy and volatile global trade are key factors that force a conservative outlook on this year s industry profits.
One is a boring business delivering blistering growth. Another is a red-hot cheap airline ticket online international oil and gas producer set to surge on a drilling breakthrough. Still another, an online payment provider, cheap airline ticket online international ignited a 53% sales explosion during the past year.
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At the center of everything we do is a strong commitment to independent research cheap airline ticket online international and sharing cheap airline ticket online international its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S P 500 with an average gain of +26% per year. These returns cover a period cheap airline ticket online international from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting cheap airline ticket online international firm.