Andrew Didora

The year got off to a bumpy start for investors, and the S&P 500 is now down 5.6% year-to-date in 2022. But while investors are growing increasingly concerned about inflation, rising interest rates and supply chain disruptions and geopolitical tension stemming from the war in Ukraine, Bank of...

JetBlue Airways Corporation (NASDAQ: JBLU) has made a $33 per share offer for Spirit Airlines Incorporated (NYSE: SAVE), which equates to $3.7 billion in market capitalization, $7.4 billion in enterprise value and “a 7.3x EV/EBITDAR multiple on our 2023 estimates,” according to BofA...

Airlines and cruise line stocks have had an extremely volatile couple of years since the pandemic completely shut down global travel back in 2020. Travel industries still haven't recovered to their pre-pandemic levels. In addition, ongoing supply chain issues have created extreme volatility in...

Airline stocks have been on a wild ride in the past month as the Russian invasion of Ukraine has pushed crude oil prices to their highest level in 13 years. Top airline stocks plummeted in the opening days of March as investors feared the negative impact of surging fuel prices could have on...

The merger deal between Spirit Airlines Incorporated (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC) represents an enterprise value of $6.6 billion and is in line with the long-term historical multiple of Spirit Airlines, according to BofA Securities. The Spirit-Frontier Analyst: Andrew...

The underlying fundamentals in the airline sector remain challenging. Against this backdrop, investors should focus on quality names such as Delta Air Lines, Inc. (NYSE: DAL), rather than those with higher operating and financial leverage like United Airlines Holdings Inc (NASDAQ: UAL)...

Cruise stocks Carnival Corp (NYSE: CCL), Royal Caribbean Cruises Ltd (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) are off to a hot start in 2022, but the latest data from Bank of America highlights just how much the omicron variant of COVID-19 has derailed the cruise industry...

Airline stocks lagged the broad market recovery in 2021, and the COVID-19 omicron variant outbreak in the fourth quarter negatively impacted the global travel industry for the holiday season. One analyst said Friday that some airline stocks may finally be cleared for takeoff in 2022. The Analyst:...

Airline stock investors hoping for a return to normalcy in 2022 got some very bad news in late November when scientists discovered the omicron variant of COVID-19. The omicron news was a devastating blow for airline stock investors, but Bank of America analyst Andrew Didora said Tuesday that...

After a horrendous year in 2020, cruise stock investors haven’t gotten the rebound they were hoping for in 2021. Unfortunately, Bank of America analyst Andrew Didora said 2022 is now looking like an increasingly difficult environment for Carnival Corp (NYSE: CCL), Royal Caribbean Cruises Ltd...

Although Royal Caribbean Cruises Ltd (NYSE: RCL) third-quarter results missed the consensus-estimated, the early phase of the cruise recovery has been as expected, according to BofA Securities. The Royal Caribbean Analyst: Andrew Didora maintained an Underperform rating for Royal Caribbean...

While United Airlines Holdings Inc.’s (NASDAQ: UAL) guidance came in line with expectations, its cost commentary for 2022 is a key differentiator, according to BofA Securities. The United Airlines Holdings Analyst: Andrew Didora maintained an Underperform rating for United Airlines Holdings...

Cruise stocks Carnival Corp (NYSE: CCL), Royal Caribbean Cruises Ltd (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) have been top market performers in the past month as cruise ships have finally begun sailing once again following a prolonged pandemic shutdown. Unfortunately, Bank...

Cruise stocks Carnival Corp (NYSE: CCL), Royal Caribbean Cruises Ltd (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) have finally resumed operations, but the latest numbers from Bank of America suggest the companies still have a long way to go to right the ship. The Numbers: On...

Investors got their first litmus test for summer travel over the Memorial Day weekend, and the travel numbers are very encouraging for airline stock investors. What Happened? Bank of America analyst Andrew Didora said pent-up demand for leisure airline travel continued to ramp up heading into...