Tag Archives: Delta Airlines

Another ETF Option for Airline Stocks

Airline stocks have been stellar performers this year. Delta Airlines (DAL) has surged 35.6%. United Continental (UAL) is up 23.3%.

Southwest Airlines (LUV) is up a jaw-dropping 51% while the new American Airlines (AAL), the combination of US Airways and the not-far-removed from bankruptcy American, is up 52%.

Those returns have been pivotal in lifting the iShares Transportation Average ETF (IYT) and the SPDR SP Transportation ETF (XTN) . The performance of airline stocks this year has also made ETF investors long for the days when airline ETFs were available.

“ The Guggenheim ETF, which had FAA as its ticker — think Federal Aviation Administration — closed right in the middle of a 151 percent tear in airline stocks over two and half years. Such a rally inevitably got more investors interested in the notoriously cyclical industry,” writes Eric Balchunas for Bloomberg.

Investors craving airline exposure via ETFs have been forced to turn to IYT and XTN, which feature airline weights of 14% and 24.3%, respectively. There is another option that also investors leverage to a potential rebound in the moribund consumer discretionary sector: The PowerShares DWA Consumer Cyclicals Momentum Portfolio (PEZ) .

PEZ differs from standard discretionary ETFs in that it is not home to some of the sector’s most familiar names such as Home Depot, Walt Disney (DIS), Ford (NYSE: F) McDonald’s (MCD) or cable providers. [Momentum Bounce for a Discretionary ETF]

Rather, PEZ is true to its momentum roots as it features Netflix (NFLX) and Tesla (TSLA) among its top-10 holdings. PEZ is one of just 11 ETFs that features Tesla among its top-10 holdings and one of just eight that extend the same courtesy to Netflix, according to SP Capital IQ data.

American Airlines is the ETF’s ninth-largest holding at 3.4%. Overall, devotes 12.1% of its weight to airlines, making the group the ETF’s second-largest industry exposure behind specialty retail. PEZ is also one of just 11 ETFs that show American Airlines as a top-10 holding.

American as a top-10 holding is good news for PEZ as the company just announced a $1 billion buyback and its first dividend in over three decades, according to Bloomberg. In addition to American, PEZ holds four other airline stocks, including a 1.3% weight to Hawaiian Holdings (HA), a stock that is up 46.4% this year.

PowerShares DWA Consumer Cyclicals Momentum Portfolio

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.pez

ETF Trends editorial team contributed to this post.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

Briefly: Delta Airlines' iOS in-flight entertainment, Chameleon 8.5

Delta Airlines updates iPhone and iPad apps, now offering access to free in-flight entertainment

Delta Airlines today release an update for both of its Fly Delta iOS app, now allowing access to free in-flight entertainment content. Available through its new Delta Studio initiative, the service will be available on all domestic and two-cabin aircrafts, and feature a variety of TV shows and movies through the on-board Wi-Fi. The updated Fly Delta app also includes access to past and current issues of Delta’s Sky Magazine, as well as a Glass Bottom Jet feature which provides flight tracking information. Users of the Gogo Video Player app are permitted to stream and access content through in flight entertainment services. Fly Delta for iPhone and iPad are both free to download through iTunes.

AKVIS releases newest version of Chameleon, offers new Share feature

AKVIS has announced the release of the newest version of its photo collage creation software, Chameleon. Available as a standalone program and as a Photoshop plug-in, Chameleon creates collages and montages with four different modes to produce varying results. Chameleon v8.5.0 includes a new Share option that lets users post picture from the program to social network services. Photoshop CC 2014 plugin compatibility has been added, as well as minor bug fixes. The software is priced at $75, and is available as a 10-day trial period.

by MacNN Staff


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US carrier Delta Air moves to NAIA3 today

The Ninoy Aquino International Airport Terminal 3 becomes fully operational today with US air carrier Delta Airlines officially moving its operations to the 12 year-old terminal.

All Delta Airlines flights will arrive and depart from the NAIA 3 utilizing the southern portion of the 1.2 kilometer long terminal.

The NAIA Terminal 3 project began in 1997 with Japanese construction firm Takenaka Corporation building the multi-million dollar terminal.  The then state-of-the-art terminal was built to decongest the NAIA terminal 1 which had exceeded its design capacity of servicing 4.5 million passengers annually.

The NAIA 3 was supposed to be fully operational by 2002 but a legal battle between its owner, the Philippine International Airport Terminals Co. Inc., and the Philippine government ensued.  After an international arbitration court ruled in favor of the Philippine government, the airport terminal opened for operations in 2008 but only on a partial basis.

In August 2013, the government reached an agreement with Takenaka Corp., to complete all the unfinished works in the terminal and integrate the essential airport systems to make the terminal 100 percent operational.

With the $40 million works completed by Takenaka, all 18 boarding gates are now operational, the automated baggage handling system is up and running, all seven baggage carousels are now in service and all air conditioners are functioning.

Simple ceremonies signaling Delta’s official commencement of operations in Terminal 3 will be headed by Transportation Secretary Emilio Abaya early this morning, Friday.

NAIA 3 terminal manager Octavio Lina said the move of the five international air carriers will considerably reduce the congestion currently being experienced at the NAIA 1.  He explained that the five air carriers service at least 3.5 million passengers every year.  With the move, NAIA 1 will revert back to its normal design capacity.

When the NAIA 3 was built, it had a design capacity of 13 million international passengers annually.  However, when it was opened in 2008, the terminal was spit into two, to service both domestic and international operations. Fifteen boarding bridges are now available for the exclusive use of international flights with three bridges assigned for domestic flights.  Aside from the three boarding bridges, the NAIA 3 makes use of 12 remote parking areas for domestic operations.

Prior to the move of the five international air carriers, the NAIA 3 recorded two million international passenger serviced by Cebu Pacific, All Nippon Airways and Air Asia.

When all five air carriers get to move to the newer terminal, international passenger traffic is expected to increase to 5.5 million annually– 1 million below its maximum design capacity.

Lina disclosed that the next air carrier to move to NAIA 3 will be KLM which is scheduled to move its operations on August 4.  Emirates Airlines will begin operating at the NAIA 3 on August 15, with Singapore Airlines moving its operations on September 1.  Cathay Pacific, which has four daily flights between Manila and the former Crown Colony, is scheduled to move to NAIA 3 also in September although the airline management has yet to announce the exact date.

Airlines’ transfer seen to decongest Naia Terminal 1

NAIA terminal 3. FILE PHOTO

MANILA, Philippines–With the official transfer to the Ninoy Aquino International Airport (Naia) Terminal 3 of the flight operations of US-based Delta Airlines on Thursday night, Terminal 1 is expected to be decongested by some 1,500 passengers a day.

Four other foreign carriers are scheduled to also make the move from Terminal 1 as Terminal 3 began running at full capacity Thursday night, according to the Manila International Airport Authority (MIAA), which manages the only international gateway to Metro Manila.

MIAA general manager Jose Angel Honrado said Delta Air, being the first of an initial batch of foreign air carriers to make Terminal 3 their new base, was set to have its first two flights come in Thursday night.

Passengers of Delta Airlines flights arriving from the United States (DL629 and DL473) were expected to deplane at Terminal 3 at 9:05 p.m. and 9:45 p.m. Thursday night.

“We are excited to welcome these passengers as they take their first step in this new terminal,” Honrado said in a statement.

After Delta Airlines, KLM Royal Dutch Airlines is set to move to Terminal 3 on Aug. 4, followed by Emirates Airlines on Aug. 15.

On Sept. 1, Singapore Airlines will also begin operating its flights in and out of Terminal 3. Cathay Pacific is expected to move in by the second week of September.

“We thank these airlines for heeding our call to use Terminal 3 for their operations. Their cooperation plays a vital role for us to achieve our desire to decongest Terminal 1 by some three million passengers annually,” Honrado said.

He urged relatives, friends and well-wishers of passengers arriving and departing on these airlines to take note of the transfer dates to avoid confusion.

Dante Basanta, the Naia Terminal 1 manager, said the effect of the transfer of Delta Airlines will be immediately felt in Terminal 1 in the next few days.

“The transfer of Delta to T3 will surely ease the congestion at Terminal 1 since two arrivals and two departures will be diverted to T3. That translates to around 1,500 passengers daily,” Basanta said in a text message.

He noted that the ease in passenger flow and vehicular traffic at Terminal 1 will be felt considering that Delta’s flight schedules fall within the peak hours of the terminal’s operations.

Delta Airlines moves to NAIA Terminal 3

MANILA, Philippines – Two Delta Airlines flights are scheduled to arrive tonight at the Ninoy Aquino International Airport Terminal 3.

Delta Airlines is the first of five foreign airlines transferring their operations to NAIA 3, starting August.

“Passengers of Delta Airlines flights DL 629 and DL473 with an estimated arrival time of 21:05 and 21:45, respectively, will be deplaning from Terminal 3. We are excited to welcome these passengers as they take their first step on this new Terminal,” Manila International Airport Authority General Manager Jose Angel Honrado said.

KLM Royal Dutch Airlines is set to move to NAIA 3 on August 4, followed by Emirates Airlines on August 15.

On September 1, Singapore Airlines will also begin operating flights in and out of NAIA 3.

Cathay Pacific is also expected to transfer to NAIA 3 by second week of September.

“We thank these airlines for heeding our call to use Terminal 3 for their operations. Their cooperation plays a vital role for us to achieve our desire to decongest Terminal 1 by some 3 million passengers annually,” Honrado said.

Honrado reminded relatives, friends and well-wishers of passengers arriving and departing on these airlines to take note of the transfer dates to avoid confusion.

Flight information offices of Terminals 1 and 3 may be reached at 877.1109 local 2852 or 765 and 877.7888 local 8144, respectively.

Delta adds more non-stop flights from Salt Lake City

SALT LAKE CITY, Utah (ABC 4 Utah) Delta Airlines is adding more non-stop international flights from Salt Lake City and that’s good news for the Salt Lake City International Airport and Utah’s economy.

Starting this December 20, you’ll be able to board a plane in Salt Lake and go directly to Mexico City.

Then in May of next year direct flights to Amsterdam will begin and those will feature full flat-bed seats for the longer flight.

Earlier this month Delta re-affirmed their commitment to its Salt Lake hub by taking part in the groundbreaking for the airport’s new $1.8 billion terminal redevelopment project.

NAIA 3 now fully operational

Delta Airlines flights now operate at NAIA 3

Finally, the Ninoy Aquino International Airport Terminal 3 becomes fully operational tomorrow, August 1, with US air carrier Delta Airlines officially moving its operations to the 12 year-old terminal.

All Delta Airlines flights will arrive and depart from the NAIA 3 utilizing the southern portion of the 1.2 kilometer long terminal.

NAIA 3, Manila Bulletin

NAIA 3, Manila Bulletin The facade of NAIA 3. The 12-year-old terminal is finally completely operational with Delta Airlines moving its flight operations there. (Photo from Wikipedia)

The NAIA Terminal 3 project began in 1997 with Japanese construction firm Takenaka Corporation building the multi-million dollar terminal.  The then state-of-the-art terminal was built to decongest the NAIA terminal 1 which had exceeded its design capacity of servicing 4.5 million passengers annually.

The NAIA 3 was supposed to be fully operational by 2002 but a legal battle between its owner, the Philippine International Airport Terminals Co. Inc., and the Philippine government ensued. After an international arbitration court ruled in favor of the Philippine government, the airport terminal finally opened for operations in 2008 but only on a partial basis.

In August 2013, the government reached an agreement with Takenaka Corp., to complete all the unfinished works in the terminal and integrate the essential airport systems to make the terminal 100 percent operational.

With the $40 million works completed by Takenaka, all 18 boarding gates are now operational, the automated baggage handling system is up and running, all seven baggage carousels are now in service and all air conditioners are functioning.

Simple ceremonies signaling Delta’s official commencement of operations in Terminal 3 will be headed by Transportation Secretary Emilio Abaya early this morning, Friday.

According to NAIA 3 terminal manager Octavio Lina, the move of the five international air carriers will considerably reduce the congestion currently being experienced at the NAIA 1.  He explained that the five air carriers service at least 3 to 3.5 million passengers every year.  With the move, NAIA 1 will revert back to its normal design capacity.

When the NAIA 3 was built, it had a design capacity of 13 million international passengers annually.  However, when it was opened in 2008, the terminal was spit into two, to service both domestic and international operations. 15 boarding bridges are now available for the exclusive use of international flights with three bridges assigned for domestic flights.  Aside from the three boarding bridges, the NAIA 3 makes use of 12 remote parking areas for domestic operations.

Prior to the move of the five international air carriers, the NAIA 3 recorded 2 million international passenger serviced by Cebu Pacific, All Nippon Airways and Air Asia.  When all five air carriers get to move to the newer terminal, international passenger traffic is expected to increase to 5.5 million annually– 1 million below its maximum design capacity.

Lina disclosed that the next air carrier to move to NAIA 3 will be KLM which is scheduled to move its operations on August 4.  Emirates Airlines will begin operating at the NAIA 3 on August 15, with Singapore Airlines moving its operations on September 1.  Cathay Pacific, which has four daily flights between Manila and the former Crown Colony, is scheduled to move to NAIA 3 also in September although the airline management has yet to announce exactly when.

Delta To Offer Expanded Free, In-Flight Entertainment

By Edward Cardenas

ROMULUS (CBS Detroit) – Delta Airlines, Detroit Metro Airport’s largest carrier will begin offering movies, television shows, music and video games for free starting Aug. 1 on all domestic aircraft and two-cabin regional jets.

The Delta Studio provides free entertainment in every class of service on flights longer than one and a half hours on modified planes. Passengers will have access to these  free entertainment options through seat-back entertainment systems or through their laptops, mobile and tablet devices.

“Delta continues to be driven by customer feedback which has consistently placed the desire to be entertained at the top of the list of ways to improve our customers’ time in the air,”  said Tim Mapes, senior vice president – Marketing in a release.

Delta customers seated in BusinessElite, First Class and Economy Comfort will have free, unrestricted access to in-flight entertainment on all international flights worldwide. Customers traveling in economy on all international flights will also have access to free content.

Customers traveling on domestic flights in BusinessElite, First Class and Economy Comfort will have free access to all in-flight entertainment. Those in Domestic economy will have access to free content which includes all of Delta’s live satellite TV channels, music selections and game options through seat-back entertainment systems as well as streaming content through in-flight Wi-Fi.

Additional premium content will be available for purchase in economy including some of the latest movies, HBO and SHOWTIME programming in addition  to on-demand TV shows like  ‘About a Boy’ or ‘The Middle.’

Delta Airlines to offer free entertainment options

A long flight can at times be boring, but that will soon be changing for Delta Airlines passengers.

Starting Friday the airline says it will offer free access to television shows, music, and video games.

The new options will be available through seat-back screens or passengers can stream content on their smartphones or laptops.

There will be fees for new movies and premium channels.

The service will only be available on flights longer than an hour and a half.