Eagers to Start Flights to Cuba: American Airlines Group (AAL), JetBlue Airways (JBLU), Southwest Airlines (LUV)

The U.S. Department of Transportation (USDOT) gave green light to six U.S. airlines – American Airlines, Frontier Airlines, JetBlue Airways, Silver Airways, Southwest Airlines, and Sun Country Airlines – to begin scheduled flights between Miami, FL, Fort Lauderdale, FL, Chicago, IL Philadelphia, PA, and Minneapolis/St. Paul, MN, and some Cuban cities (not including Havana) as early as this fall



American Airlines Group Inc. (Nasdaq:AAL) stock closed in negative territory by 0.78% (or -$0.26) at $33.14 with a total volume of 8,169,044 shares traded on Friday

The world’s largest airline company said that the new flights to Cuba are projected to start in September

American Airlines Group, the holding company for American Airlines and US Airways, has 578.17M Shares Outstanding, Market Capitalization (intraday) of $19.16B and AAL stock 52-week range is from $30.37 to $47.09 per share



Following the USDOT’s approval, JetBlue Airways Corporation (Nasdaq:JBLU) said that seats for the new Cuban flights will go on sale this summer

JBLU stock closed at $18.09, down $0.34 (or -1.84%) and 6,516,295 of its shares changed hands on Friday

JetBlue Airways, which provides air transportation services, has 322.16M Shares Outstanding, Market Capitalization (intraday) of $5.83B and JBLU stock one-year range is between $16.26 and $27.36 per share



Shares of Southwest Airlines Co. (NYSE:LUV) finished Friday’s trading session at $43.63, down $0.56 (or +1.27%)

According to the airline company, its May 2016 traffic surged 6.4% versus the same period the prior year

Southwest Airlines, which operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets, has 638.69M Shares Outstanding, Market Capitalization (intraday) of $27.87B and LUV stock 52-week range is from $31.36 to $51.34 per share


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