SOURCE: The Bedford Report

The Bedford Report

October 21, 2010 12:25 ET

Major Airlines Stocks Flying High After Posting Impressive Profits

The Bedford Report Provides Analyst Research on United Continental & AMR Corporation

NEW YORK, NY--(Marketwire - October 21, 2010) - Shares of Major Airlines have skyrocketed as key industry players are reporting a speedy return to profitability after last year's losses. The airlines are benefiting from a rise in travel demand amid an industry wide effort to keep capacity from growing too fast. Going forward analysts expect airlines overall to further cement their turnaround despite rising fuel prices and an uncertain U.S. economy. The Bedford Report examines the outlook for companies in the Major Airlines Industry and provides research reports on United Continental Holdings (NYSE: UAL) and AMR Corporation (NYSE: AMR). Access to the full company reports can be found at:

It had been a long couple years for American Airlines parent AMR, as the company hadn't posted a profit since mid-2008. Then on Wednesday AMR reported that it earned $143 million, or 39 cents per share, in the third quarter on revenues of $5.84 billion. AMR also confirmed that it is staking its future on boosting flying to Asia and Europe. The company announced a major expansion of flights to and from Los Angeles which included a new service to Shanghai.

The Bedford Report releases regular market updates on the Major Airlines Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at and get exclusive access to our numerous analyst reports and industry newsletters.

Also set to post earnings this week on Thursday is United Continental Holdings. This summer United and Continental completed their merger to become the world's largest airline. Both companies reported positive traffic results in September with United up 7.6%, and Continental showing a 3.1% rise.

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