When US airlines reported third quarter earnings last month, the results were impressive and their share prices received a nice boost. The good news mostly continues to roll in, as the carriers…
The Federal Reserve took a risky step that will involve the purchase of $600 billion in securities. (Reuters) Nations in Asia and Latin America said they would alter policy to combat dollar inflows…
The airline industry has recovered solidly from a string of losing quarters, but it now faces another issue brought on by the discovery last week of an explosive device in an air-cargo…
Reuters: The US will push a trade and foreign exchange agenda at the G20 meeting. Reuters: Fed officials are still not in agreement about quantitative easing. Reuters: American International…
Today’s earnings reports from Boeing Co. (NYSE: BA) and three airlines have put a little jet fuel into the market. Delta Air Lines, Inc. (NYSE: DAL), US Airways Group, Inc. (NYSE: LCC),…
AirlineFinancials.com estimates the nine largest US airlines, starting next week, will collectively report $2.4 billion in profits from $33.3 billion in revenues. The average net profit margin is 7.2%. Assuming these projections…
Reuters: The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis. Reuters: Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ). Reuters: …
Today marks the game-changing merger of Continental and United and the two are one as United Continental Holdings Inc. (NYSE: UAL). America’s new #1 airline will have a long integration ahead of…
An industry that goes through a series of mergers usually has several losers, and suppliers are almost always among them. Northwest has merged with Delta (NYSE: DAL) and United with Continental (NYSE:…
Airlines will make mammoth profits this year. The International Air Transport Association (IATA) revised its forecasts for the global industry higher–to $8.9 billion. In June, its forecast was only $2.5 billion. The…
Customer satisfaction among travelers who fly on low-cost carriers is substantially higher than for people who use traditional airlines. JetBlue (NASDAQ: JBLU) tops a recent evaluation of service among carriers and US…
By Robert Herbst Coming next month AirlineFinancials.com estimates US Airways (LCC) will report an all time record 3rd quarter profit of $225 million from $3.2 billion in projected operating revenue. This record high profit and…
For the 2nd quarter 2010, the nine largest airlines collectively reported $1.86 billion in net profits on $31.7 billion in revenues (net profits exclude $713 million for special items). The Q2 revenue…
Average domestic air fares in the first quarter of 2010 increased to their second highest level since 2001, rising 4.7 % from the first quarter of 2009, the U.S. Department of Transportation’s…
Continental Airlines, Inc. (NYSE: CAL) may still be trying to score on its UAL Corporation (NASDAQ: UAUA) merger, but earnings season features almost every major airline next week. The news out of…
