JetBlue Airways Corporation (JBLU) is a passenger airline that provides customer service at low fares primarily on point-to-point routes. As of December 31, 2007, the Company served 53 destinations in 21 states, Puerto Rico, Mexico and the Caribbean. Most of its flights have, as an origin or destination, one of its focus cities: Boston, Fort Lauderdale, Long Beach, New York, or Washington, D.C. During the year ended December 31, 2007, JetBlue operated over 550 daily flights with a fleet of 104 Airbus A320 aircraft and 30 EMBRAER 190 aircraft. JetBlue maintains a fleet of two types of aircraft, the Airbus A320 and the EMBRAER 190. During 2007, its operations primarily consisted of transporting passengers on its aircraft, with domestic United States operations, including Puerto Rico, accounting for 95.2% of its capacity.
JBLU is looking strong to keep its uptrend. It however needs support from falling oil prices. Waiting for reversal to short into.
US Airways Group, Inc. (LCC) is a holding company whose primary business activity is the operation of a major network air carrier through its wholly owned subsidiaries, US Airways, Inc. (US Airways), Piedmont Airlines, Inc. (Piedmont), PSA Airlines, Inc. (PSA), Material Services Company, Inc. (MSC) and Airways Assurance Limited, LLC (AAL). As of December 31, 2007, US Airways Group offered scheduled passenger service on approximately 3,800 flights daily to 230 communities in the continental United States, Hawaii, Alaska, Canada, the Caribbean, Latin America and Europe.
LCC couldnt break out of 200 DMA strongly. It fizzed out after starting strong on 2nd Sept. Waiting for 10$ level to short into. It forms double top.
Northwest Airlines Corporation (NWA) is the direct parent company of Northwest Airlines, Inc. Northwest is engaged in the business of transporting passengers and cargo. Northwest’s business focuses on the operation of a global airline network through its assets that include domestic hubs at Detroit, Minneapolis/St. Paul and Memphis; a Pacific route system with a hub in Tokyo; a transatlantic joint venture with KLM Royal Dutch Airlines (KLM); a domestic and international alliance with Continental Airlines, Inc. (Continental) and Delta Air Lines, Inc. (Delta); membership in SkyTeam, a global airline alliance with KLM, Continental, Delta, Air France, Aeroflot, Aeromexico, Alitalia, China Southern, CSA Czech Airlines and Korean Air; agreements with three domestic regional carriers, including Pinnacle Airlines, Inc., Mesaba Aviation, Inc. and Compass Airlines, Inc., and a cargo business that operates a freighter fleet of aircraft through hubs in Anchorage and Tokyo.
Can NWA break the 200 DMA ?? Waiting for higher RSI to start shorting.
Few other airline stocks…..