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…
ThinkstockDelta Air Lines Inc. (NYSE: DAL) announced this morning that it had acquired the 49% stake in Virgin Atlantic Airways previously owned by Singapore Airlines for $360 million. Delta and Virgin Atlantic…
Paul Ausick thinkstockHSBC Holdings PLC (NYSE: HBC) pays a $1.92 billion fine to the U.S. government to settle a money laundering probe. (Reuters) The cost of outside products necessary to run Apple Inc. (NASDAQ: AAPL)…
thinkstockChina posts weak exports numbers, a sign that its economic improvement is uneven. (Reuters) Investors say they will sell about $39 billion in Greek debt back to the government. (Reuters) Yahoo! Inc.…
courtesy Boeing Co.Southwest Airlines Co. (NYSE: LUV) reported this morning that traffic in November was down 1.5% year-over-year to 8.1 billion revenue passenger miles. A year ago the revenue passenger miles totaled…
thinkstockInvestors who are optimistic about Europe’s prospects are disappointed by European Central Bank comments on the economy. (Reuters) T-Mobile will stop phone subsidies and start to sell the Apple Inc. (NASDAQ: AAPL)…
The Federal Reserve will begin a new round of bond buying in hopes of stimulating the economy. (Reuters) China shares reached a quarter-long high as government policy initiatives buoy investors. (Reuters) Nokia…
More reasons for Delta Air Line Inc.’s (NYSE: DAL) interest in an investment in Virgin Atlantic emerged today. The huge U.S. carrier finds itself without good market share in routes across the Atlantic.…
Trey Thoelcke Spain’s Unemployed Near 5 Million Spain’s unemployment reached a the staggering level of 4,907,817 last month, according to the government’s labor arm. That almost certainly means that the 25% unemployment the nation…
China’s PMI steps up in November. (Reuters) Greece begins to buy back some of its high-yield bonds. (Reuters) Delta Air Lines Inc. (NYSE: DAL) may buy Virgin Atlantic. (Reuters) Martin Marietta Materials…
