AMRThe Airline Quality Report reached its 22nd anniversary when it was issued recently. Its rankings are based on an extremely complex system, but the outcome for 2011 was easily described: The Airline Quality…
Douglas A. McIntyre The unemployment rate of the eurozone reached 10.8% in February, up from 10.0% a year ago according to EuroStat. Unlike the in United States, the trend is in the wrong direction. The lowest…
AMRBloomberg reports that US Airways (NYSE: LCC) has approached unsecured creditors of American Airlines parent AMR about buying the airline as its leaves bankruptcy. AMR management says it plans for the carrier to…
The International Air Transport Association (IATA), the global airline industry association, warned in its annual forecast that the economy could hurt earnings of carriers around the world in 2012, particularly in Europe.…
US airlines are reporting their February traffic counts this morning, and the two we have so far have both shown increases. US Airways Group Inc. (NYSE: LCC) and Delta Air Lines Inc.…
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…
AMRAMR, parent of American Air, wants to cut 13,000 jobs, lower pay for other workers, void airplane leases and cut creditor obligations. Delta (NYSE: DAL) and US Air (NYSE: LCC) want to…
Douglas A. McIntyre A week ago there was a rumor that US Airways (NYSE:LCC) might buy American Air parent AMR out of Chapter 11 .The theory was that AMR would be able to cut costs through…
Douglas A. McIntyre Bloomberg reports that US Airways (NYSE: LCC) may make a merger bid for bankrupt AMR, parent of American Airlines. The action would make sense for several reasons. The first of these is…
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…
The public and the press usually measure unemployment one month at a time as data from ADP and the federal government are issued. The jobs market can also be tracked in another…
TPG may invest $1 billion in troubled Olympus. (Reuters) President Obama to ask for a $1.2 trillion increase in the national debt ceiling. (Reuters) China’s foreign currency reserves drop to $3.18 trillion,…
US air carrier Delta Air Lines Inc. (NYSE: DAL) reported a -2.3% drop in passenger miles for the month of December. Total capacity declined -3.3% year-over-year. Earlier in the day US Airways…
Paul Ausick 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…