Zacks Investment Research | Jul 26, 2017 03:12AM ET
The past week saw key U.S. carriers like JetBlue Airways (NASDAQ:JBLU) and Hawaiian Holdings (NASDAQ:HA) announcing their second-quarter 2017 numbers. While JetBlue outperformed with respect to both earnings and revenues, Hawaiian Holdings reported mixed results. The Honolulu County, HI based carrier reported better-than-expected earnings but lower-than-expected revenues. Additionally, European low-cost carrier Ryanair Holdings plc (NASDAQ:RYAAY) reported impressive results for the first quarter of fiscal 2018 (ended Jun 30, 2017).
On the non-earnings front, the ban on carrying laptops in U.S. bound planes from the Middle East has reportedly been lifted. Moreover, three U.S. carriers — American Airlines Group (NASDAQ:AAL) , Frontier Airlines and Delta Air Lines (NYSE:DAL) — have been heavily fined by the U.S. Department of Transportation (DOT) for flouting rules pertaining to consumer protection.
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