Southwest (NYSE: LUV) canceled 300 flights today as it inspects 79 of its fleet of Boeing (NYSE: BA) 737s. Southwest made it clear that Boeing will be a part of the process.…
Three-Year History of Ten Key Metrics for Major US Airlines: (For this analysis United/Continental data is pro forma) Operating Revenue (total of eight airlines) 2008 = $126.2 billion 2009 = $106.7 billion 2010 =…
By Robert Herbst You think you are paying more at the corner gas station? Checkout what the airline industry is looking at! If the current price of jet fuel was the average for the…
Antitrust regulators will get a great deal of exercise this spring. AT&T (NYSE: T) has announced it will buy T-Mobile from Deutsche Telekom. Sprint-Nextel (NYSE: S), the struggling wireless company, will object…
Just as passenger and freight traffic have begun to improve for the world’s airlines, rising crude oil prices have thrown a monkey wrench into the airlines’ hopes of profitability in 2011. The…
If there is one industry which reacts immediately to higher oil prices and to global unrest, it is the airline sector. These are technically not new risks but these two issues are…
24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved…
Analyst calls are sometimes great and sometimes not. Each week we review the major analyst calls for those standout research calls that were above the grain or are outside of the pack. …
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Anadarko Petroleum Corporation (NYSE: APC) Cut to Equal-Weight at Barclays. Arch Coal…
The month of December was not so hot for international air carriers. According to the International Air Transport Association (IATA), air traffic demand growth fell by -2.3% month-over-month, from 8.2% growth in…
Following a weak fourth quarter earnings report and an even weaker outlook on profits for 2011, Boeing Co. (NYSE: BA) CEO Jim McNerney said on the company’s conference call that Boeing could…
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Adobe Systems Inc. (NASDAQ: ADBE) Cut to Neutral at Piper Jaffray. Advanced…
AirlineFinancials.com estimates the eight largest US airlines, starting this week, will collectively report $3.95 billion in profits from $122.2 billion in revenues for 2010. The average net profit margin is projected at…
The $700 million acquisition of ITA Software by Google Inc. (NASDAQ: GOOG) has been opposed by other travel sites practically from the moment it was announced in July 2010. Now, Bloomberg is…
India’s low-fare airline IndiGo has placed a $15.6 billion order with European Aeronautic Defence and Space NV (OTC: EADSY) for 180 new aircraft, including 150 of EADS’s re-modeled Airbus A320. The order…
