Notable Hit 1: (UAL:NASDAQ) On Tuesday October 17, 2023 United Airlines Holdings, Inc. (UAL) posted revenues of $14.48 bn surpassing the mean analyst estimate of $12.86 bn and in the same direction as Advan's forecasted sales. The revenue increased 12.4% YoY inline with Advan's foot traffic data increase of 13% YoY at its US hubs in Q3 2023 fiscal. Advan's footfall data has a correlation of 0.93 on a YoY basis with UAL's top-line revenue over the last 15 quarters.
Notable Hit 2: (AAL:NASDAQ) On Thursday October 19, 2023 American Airlines Group Inc. (AAL) posted revenues of $13.48 bn slightly missing the mean analyst estimate of $13.53 bn and in the same direction as Advan's forecasted sales. The revenue increased 0.2% YoY inline with Advan's foot traffic data increase of 10% YoY at its US hubs in Q3 2023 fiscal. Advan's footfall data has a correlation of 0.98 on a YoY basis with AAL's top-line revenue over the last 15 quarters.
