Pre-Market Movers 9/27/2010 (AAI)(LUV)(JBLU)
AirTran (NYSE AAI) is up 64% on an buyout offer from Southwest (NYSE: LUV) JetBlue (NASDAQ: JBLU) is up 10% in sympathy with AirTran Southwest Air down 3% on plans to buy…
AirTran (NYSE AAI) is up 64% on an buyout offer from Southwest (NYSE: LUV) JetBlue (NASDAQ: JBLU) is up 10% in sympathy with AirTran Southwest Air down 3% on plans to buy…
Updated throughout the day. Sinochem has hired bankers to consider at bid for Potash (Reuters) The CEO of HSBC (NYSE: HBC) may quit if he is not named chairman of the bank…
By Robert Herbst Coming next month AirlineFinancials.com estimates US Airways (LCC) will report an all time record 3rd quarter profit of $225 million from $3.2 billion in projected operating revenue. This record high profit and…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
For the 2nd quarter 2010, the nine largest airlines collectively reported $1.86 billion in net profits on $31.7 billion in revenues (net profits exclude $713 million for special items). The Q2 revenue…
Starting with Monday’s 2nd quarter earnings release by Delta (NYSE: DAL) and ending on July 29thwith Southwest (NYSE: LUV),AirlineFinancials.com estimates the nine largest US airlines will report an accumulated $1.77 billion in…
Continental Airlines, Inc. (NYSE: CAL) may still be trying to score on its UAL Corporation (NASDAQ: UAUA) merger, but earnings season features almost every major airline next week. The news out of…
Is “growth” really returning to the airline industry? Based on almost daily press releases, airlines appear to be adding new destinations every week Analysis by AirlineFinancials.com shows most airlines are not adding…
Spirit Airlines is currently closed down due to a strike by its pilots. The carrier announced today that the shutdown will continue at least through Thursday. The work stoppage could go on…
A new survey from JD Power shows that consumer satisfaction with airlines in North America rose for the first time in three years. Almost 12,000 people responded to the poll which was…
By Robert Herbst AirlineFinancials.com estimates the nine largest US passenger airlines will end the 2nd quarter with over $1.4 billion in profits. This could increase to $1.8 billion if fuel prices remain…
It is easy to say that JetBlue’s (NASDAQ: JBLU) $10 two-day ticket promotion is simply a gimmick to celebrate the carriers 10th anniversary, but it has dropped other fares to $44. The…
After the Continental Airlines, Inc. (NYSE:CAL) merger announcement with UAL Corporation (NASDAQ: UAUA) , something interesting happened in the sector. Suddenly the valuations seemed too high. Then the shares started selling off,…
Maybe it is the Iceland volcanic ash clouds, maybe it was the market, but more likely than not it was the state of airline mergers that crushed airlines today. Continental Airlines, Inc.…
Robert Herbst, airline analyst and founder of AirlineFinancials.com, estimates the five US passenger airlines with European operations are collectively losing $35.8 million in revenue per day since Friday, April 16 (losses for…