Beginning January 1st, all airline flights to Europe were required to pay a carbon emissions fee for the full distance of any flight to or from the continent. The fee is based…
The US Air Force is preparing a Request for Proposal (RFP) to acquire up to 18,000 tablet computers. The Apple Inc. (NASDAQ: AAPL) iPad 2 is among the contenders, as is the…
Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed a lengthy list of corporations for which there is substantial research data to choose the 10 most…
Zynga posts at the high end of its IPO range and will raise $1 billion. (Reuters) Congress reaches a tentative deal to keep the government open. (Reuters) Bill Gross’s PIMCO Total Return Fund…
Regional carrier Pinnacle Airlines Corp. (NASDAQ: PNCL) has said that the company has initiated a program to help it cut costs and raise liquidity. According to the company’s press release: Planned initiatives…
The recent bankruptcy filing by AMR Corp. (NYSE: AMR), parent of American Airlines, has put a damper on any enthusiasm there might have been among investors for US airlines stocks. A report…
Cost increases and flat cargo traffic are expected to cut airline profits in half in 2012, from $6.9 billion in 2011 to $3.5 billion in 2012. Profit margin is expected to fall…
American Airlines parent AMR (NYSE: AMR) has entered Chapter 11 and begun tense talks with its pilots. New carrier United Continental (NYSE: UAL) was granted a certificate from the FAA to begin operations as…
Blackstone (NYSE: BX) and Bain may bid for Yahoo! (NASDAQ: YHOO) along with Asian partners Alibaba and Yahoo! Japan. (Reuters) China’s PMI contracts for the first time in three years. (Reuters) The…
This morning’s announcement by AMR Corp. (NYSE: AMR), parent of American Airlines, that it had filed for Chapter 11 bankruptcy protection appears to have pushed up the shares of competing US carriers.…
The news flow around the AMR Corporation (NYSE: AMR) filing for bankruptcy is rampant. Some say it was expected and others believe it was premature. The aim to work its cost structure,…
Southwest Airlines Co. (NYSE: LUV) is now sometimes considered a discount carrier and sometimes considered a legacy carrier, but it still has among the most loyal customer base and it seems to…
AMRComments as noted: Â Net profit/loss UAL = Â Â Â $773M DAL = Â Â Â $765M ALK = Â Â Â $131M LUV = Â Â Â $122M LCC = Â Â Â $ 95M JBLU = Â Â $ 38M AMR = -($162M) While most of the…
For all its struggles with new airplanes, Boeing Co. (NYSE: BA) put up some pretty big numbers for the third quarter. The company’s EPS of $1.46, sharply above the consensus estimate of…
The airlines industry is in a very bad way, unless you are a Wall Street analyst making upside predictions for a sector that Warren Buffett hates. High fuel costs and fewer passengers…
