Aloha Airgroup has filed for Chapter 11 citing high fuel prices and falling fares. With oil at $100 and both competition and a poor economy warring with ticket prices, the question is…
Forget about mergers. The US airline industry just has to stay afloat. Rising fuel costs and a recession that will keep people off airplanes like a SARS epidemic have hit the industry…
Douglas A. McIntyre According to Reuters, the Fed cut rates .75%. Reuters writes that Visa raised $17.9 billion in its IPO. Reuters writes that New York City will probe whether Bear Streans (BSC) misled investors.…
Accoding to Reuters, the Fed is set for a large rate cut in the face of the financial crisis. Reuters writes that Google (GOOG) says it is well positioned for an economic…
The short interest on the NYSE hit an all-time record for the period ending February 29. Figures by company compare to shares sold short on Ferbruary 15. Financial firms had significant increases…
The airline industry has periods when more big carriers seem to be in Chapter 11 than not. Another such period may not be that far off. Right now, the news about the…
Late word is that Delta (NYSE: DAL) and Northwest (NYSE: NWA) pilots have re-started talks about seniority in a combined airline. Failure of negotiations helped kill earlier merger talks between the airlines.…
Douglas A. McIntyre The captain of a commercial airline is in charge, no matter what. If things don’t work out, the blame often falls to him. Airline pilots have taken that principle all the way…
Douglas A. McIntyre According to Reuters, Fed chief Bernanke said the Fed was ready to help the economy if necessary. Reuters writes that financial results at Deutsche Telekom (DT) met expectations for 2007. Reuters writes…
According to Reuters, weak confidence and rising prices are fuelin stagflation fears. Reuters writes that the long fight between Microsoft (MSFT) and Yahoo! (YHOO) over a takeover will help Google (GOOG).’ Reuters…
Starbucks (NASDAQ: SBUX) and Lehman Brothers (NYSE: LEH) do not have much in common.That changed a bit yesterday when word came out that they would both cut workers. It is a demonstration…
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay.…
The pilots fly the planes and it looks like they also set the course for big airline mergers as well. A combination of Northwest Airlines (NYSE: NWA) and Delta (NYSE: DAL) is…
Douglas A. McIntyre According to Reuters, Toshiba will drop its HD DVD format. Reuters reports that Blll Gates said Microsoft (MSFT) will target web search with or without Yahoo! (YHOO) Reuters writes that RIM (RIMM)…
Depending on which rumor is true, Delta (NYSE: DAL) may merge with Northwest (NYSE: NWA), or United (NASDAQ: UAUA). The math behind airline mergers doesn’t add up, and the fact that the…
