ThinkstockAn $11 billion merger between bankrupt AMR Corp., parent of American Airlines, and U.S. Airways Group Inc. (NYSE: LCC) could be concluded as early as this week, according to sources cited at…
ThinkstockDo winter storms really need to be named storms? In all honesty, this is something that from the eyes and ears of a financial news analyst looks and sounds a lot like…
ThinkstockAirline mergers are messy for employees, aircraft builders, airports and especially customers. The likely merger of U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR, parent of American Airlines, will cause another…
ThinkstockThe U.S. airline industry had one of the more turbulent decades in its history. In the past few years, the majority of the country’s largest carriers have merged with a competitor or…
ThinkstockA number of press reports say that U.S. Airways Group Inc. (NYSE: LCC) will take over the airline operations of bankrupt AMR. The marriage of U.S. Airways and American Airlines would create one of…
Courtesy General Motors Co.German Employment Bump Germany’s Federal Labor Agency reported that unemployment in the country improved very slightly in January. Those unemployed dropped a mere 16,000 to a seasonally adjusted 2.92…
Apple Inc. (NASDAQ: AAPL) posts disappointing iPhone sales numbers for the most recent quarter. (Reuters) The International Trade Commission will review Apple patent claims against Samsung. (Reuters) Nokia Corp. (NYSE: NOK) probably will…
U.S. equity markets opened about flat this morning following the holiday weekend in the U.S. Foreign markets were also more or less mixed. In Europe, the German and eurozone economic indexes came…
ThinkstockDelta Air Lines Inc. (NYSE: DAL) reported fourth quarter and full-year 2012 results before markets opened this morning. The airlines posted adjusted diluted quarterly earnings per share (EPS) of $0.28 on revenues…
Paul Ausick ThinkstockBy the end of this week, AirlineFinancials.com LLC is projecting the seven largest US airlines will have collectively reported $152 million in profits from $33.3 billion in revenue for the 4th quarter.…
U.S. equity markets opened mixed this morning, with the Nasdaq Composite lower on a weak quarterly earnings report last night from Intel Corp. (NASDAQ: INTC). The big news for today came out…
courtesy Boeing Co.A website called AirfareWatchdog asked about 1,000 travelers which airline has the rudest employees. The sample size may not be any good, at least based on the science of polling, but…
ThinkstockAMR, parent of American Airlines, has moved closer to an exit from Chapter 11 and a possible merger with U.S. Airways Group Inc. (NYSE: LCC), as pilots of the troubled company have…
ThinkstockMinimum Wage Hike The National Employment Law Project (NELP) reports that the minimum wage will increase in 10 states as 2013 begins. These include Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode…
courtesy Boeing Co.Amidst the effort of US Airways Group Inc. (NYSE: LCC) to buy AMR, the parent of American Airlines, out of Chapter 11 and Delta Air Line Inc.’s (NYSE: DAL) purchase…
