ThinkstockU.S. airlines are expected transport nearly 24 million passengers over the 2012 Thanksgiving holiday weekend, up by about 150,000 from last year’s holiday period. Planes should be flying at about 90% of…
Hurricane Sandy is forcing the cancellation of thousands of flights into and out of the U.S. Northeast amid forecasts for high winds and heavy rain. In New York City, the subway system…
By the end of this week, AirlineFinancials.com LLC is projecting the seven largest US airlines will have collectively reported $1.8 billion in profits from $36.9 billion in revenue for the recent 3rd…
A number of airlines are trying to take back their booking business from travel websites like Priceline.com Inc. (NASDAQ: PCLN), Orbitz Worldwide Inc. (NYSE: OWW), Expedia Inc. (NASDAQ: EXPE), TripAdvisor Inc. (NASDAQ:…
AMRBankrupt AMR Corp. and US Airways Group Inc. (NYSE: LCC) have announced that the two companies have entered a nondisclosure agreement (NDA), under which the companies have agreed to exchange certain confidential…
AMRIt is almost hard to believe, but AMR Corporation (NASDAQOTH: AAMRQ.PK) has proven to be profitable in the month of July. AMR has made an SEC Filing which discloses its Monthly Operating…
JetBlue Airways Corp. (NASDAQ: JBLU) will not be one of the bidders for the assets of bankrupt AMR, parent of American Airlines. That does not leave the crippled airline without a suitor.…
Fast Corn Harvest Farmers are bringing in corn harvests as fast as possible. The trend will not help overall supply, except in the early part of the season. The shift in harvest…
OK, so maybe it pays more to be one of the companies that blew out the travel agent jobs than it does to own an airline. After all, Warren Buffett said to…
JAL will list on the Tokyo exchange with an initial public offering that will raise $8.5 billion. The listing is improbable for two reasons. The first is that airlines have had a…
Douglas A. McIntyre The three major US stock indexes opened higher this morning as markets were getting primed for the afternoon’s statement from the FOMC. Tomorrow’s announcement on interest rates from the European Central Bank…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday morning. Becton Dickinson and Co. (NYSE: BDX) cut to Underweight at JPMorgan. BMC Software…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
With so much interest in airlines of late, we have some reports to evaluate today. Lower fuel prices and full planes may be helping the trend, but the potential AMR buyout from…
The three major US stock indexes opened roughly flat this morning as Spanish 10-year bond yields rose to 7.5% and Moody’s cut Germany’s outlook to ‘negative’ after the markets closed last night…
