United Continental is Bullish on Business

United Continental (NYSE:UAL) foresees Q4 unit revenue increasing 8.5%-9.5% from last year, while its combined consolidated capacity is expected to decline 4.8% for the quarter, says a filing from the SEC. The airline reports domestic bookings for the next six weeks for its mainline fleet have risen 3.7 percent vs. a year ago, while international bookings remain static.

Here’s how airline stocks are trading into the holiday travel weekend:

United Continental Holdings (NYSE:UAL): UAL shares recently traded at $18.55, down $1.71, or 8.44%. They have traded in a 52-week range of $15.51 to $27.72. Volume today was 4,354,851 shares versus a 3-month average volume of 5,871,160 shares. The company’s trailing P/E is 10.65, while trailing earnings are $1.74 per share. Get the most recent company news and stock data here >>

JetBlue Airways Corporation (NASDAQ:JBLU): JBLU shares recently traded at $5.16, down $0.13, or 2.46%. They have traded in a 52-week range of $3.40 to $7.13. Volume today was 492,938 shares versus a 3-month average volume of 5,511,500 shares. The company’s trailing P/E is 21.57, while trailing earnings are $0.24 per share. Get the most recent company news and stock data here >>

Delta Air Lines Inc. (NYSE:DAL): DAL shares recently traded at $8.17, down $0.19, or 2.27%. They have traded in a 52-week range of $6.41 to $13.21. Volume today was 3,121,555 shares versus a 3-month average volume of 12,664,400 shares. The company’s trailing P/E is 15.42, while trailing earnings are $0.53 per share. Get the most recent company news and stock data here >>

Southwest Airlines Co. (NYSE:LUV): LUV shares recently traded at $8.45, up $0.05, or 0.6%. They have traded in a 52-week range of $7.15 to $13.59. Volume today was 1,910,123 shares versus a 3-month average volume of 9,132,630 shares. The company’s trailing P/E is 43.12, while trailing earnings are $0.20 per share. Get the most recent company news and stock data here >>

US Airways Group, Inc. (NYSE:LCC): LCC shares recently traded at $5.48, down $0.22, or 3.86%. They have traded in a 52-week range of $3.96 to $11.56. Volume today was 1,436,778 shares versus a 3-month average volume of 6,873,650 shares. The company’s trailing P/E is 10.91, while trailing earnings are $0.50 per share. Get the most recent company news and stock data here >>