- 29 ноября 2017, 16:46
- Zacks Investment Research
American Airlines Group Inc. AAL has announced addition of flights to Canada from its hub at Chicago O'Hare International Airport. The carrier will start service to Calgary International Airport and Vancouver International Airport from Chicago O'Hare.
Daily flights to Vancouver will begin from May 4, 2018, while the seasonal service to Calgary will commence from Jun 7, 2018.
Tickets for the new route will be on sale from Dec 4.
The carrier will also add flights from the U.S. East Coast to Eastern Canada and increase seasonal operations to popular destinations in Canada. We believe, this decision to expand its presence is prudent as it is likely to boost the carrier’s top line by attracting significant traffic on the routes introduced.
The airline will be augmenting flight frequency during winters between Phoenix Sky Harbor International Airport and Edmonton International Airport. The flights will operate twice daily from Dec. 15, 2017 to Apr 2, 2018.
Starting Feb 15, 2018, the carrier will be offering additional service between New York LaGuardia (“LGA”) and Toronto Pearson International Airport (“YYZ”). Whereas from May 4, 2018, the airline will be adding an extra trip from Ronald Reagan Washington National Airport (“DCA”) to YYZ. The year-round LGA-YYZ service will be operational five times daily, while the year-round flights between DCA and YYZ will operate thrice daily.
Further, the carrier will be offering an additional service connecting Philadelphia International Airport (“PHL”) with Ottawa International Airport. This year-round service will operate thrice daily.
Moreover, the existing service between PHL and Quebec City Jean Lesage International Airport has been extended till Nov 3, 2018.
Zacks Rank & Key Picks
American Airlines carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the airline space are Gol Linhas Aereas Inteligentes S.A. GOL, International Consolidated Airlines Group SA ICAGY and SkyWest, Inc. SKYW, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Gol Linhas, International Consolidated Airlines and SkyWest have surged more than 100%, 46% and 35%, respectively, in a year.
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