Parliament will question Rupert Murdoch of News Corp (NYSE: NWS) today (Reuters) IBM’s (NYSE: IBM) service business rose, driving earnings up (Reuters) Cisco (NASDAQ: CSCO) will fire 15% of its workers (Reuters)…
Every state posted GDP growth between 2000 and 2010, according to the latest U.S Department of Commerce data, which was released earlier this week. The growth rates, however, were very wide. Michigan’s…
Strauss-Kahn resigned at managing director of the IMF. The Japanese economy has fallen into recession and should recover late in the year. (Reuters) LinkedIn priced at $45, the top of its range.…
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last…
Harris Interactive came out with its new “Reputation Quotient” list. The research firm has conducted the study for 12 consecutive years. The poll is based on views about the “60 most visible…
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…
Delta (NYSE: DAL) suffered from bad press after its CEO noted the airline could lose $400 million in sales due to flight reductions to Japan. Honda was hurt by news that its…
Japan’s markets fell on concerns about contaminated drinking water (Reuters) The US has stopped imports from the area around Japan’s nuclear disaster (Reuters) The damage to Japan could cost $300 billion (Reuters)…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Douglas A. McIntyre 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…
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…
Delta Airlines (NYSE: DAL) said that an increase in the cost it must pay for fuel could hurt its earnings for the balance of the year. The International Air Transport Association, which…
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…
