Lower oil prices and a resurgent economy should help the airlines post improved results in 2010, but that expectation is hardly true. The industry lost $11 billion in 2010. The International Air…
Reuters: Abu Dhabi supplied Dubai with $10 billion in bail out funds. Reuters: Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT). Reuters: Arcelor Mittal could cut 10,000 jobs. Reuters: “Naked access”…
Short sellers sharply increased their gamble that financial stocks would fall based on short selling data from NYSE and Nasdaq on the last day of November. Shorts pushed into Citigroup (NYSE:C), increasing…
Reuters: Affluent borrowers are being made credit card offers. Most other people are rarely solicited. Reuters: Bank of America (NYSE:BAC) will repay $45 billion in TARP funds. Reuters: AMR (NYSE:AMR) and TPG have offered…
Reuters: Senate Democrats unveiled their healthcare plan. Reuters: Hedge fund manage Griffin has rebounded from losses. Reuters: GM must pay its debt and become profitable before an IPO. Reuters: Kraft (NYSE:KFT) is…
Reuters: Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC). Reuters: Trump put his support to the bondholders of his casino business. FT: A…
The rumor that US Air (NYSE:LCC) and American (NYSE:AMR) may merge is not so far-fetched today, or that Southwest (NYSE:LUV) might take over JetBlue (NASDAQ:JBLU). British Air and Iberia, the flag carriers of…
American Airlines (NYSE:AMR) is competing with Delta (NYSE:DAL) to form a close partnership with financially troubled Japan Air. Both US carriers would like ready access to JAL’s tremendous network of flights around…
Signs are pointing to another bailout of Japan Airlines by the Tokyo-based government. That means the carrier could survive without being broken into pieces. JAL is still prized for its significant and…
The events of 9/11 and the recession have cut sharply in to airline travel. That has been demonstrated by carriers cutting routes and laying off employees. There were a few airline bankruptcies…
Douglas A. McIntyre Southwest Air (NYSE:LUV) once again proved why it is the most admired carrier in America. Over 83% of its flights arrived on time in August, the latest month measured by US Department…
Reuters: The pay czar plans to rework employee pay at large banks. Reuters: Hewlett-Packard (NYSE:HPQ) may enter the tech M&A frenzy. Reuters: Microsoft (NASDAQ:MSFT) says some Hotmail passwords were exposed. Reuters: The…
Reuters: The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters: US car sales plunged in September with Ford (F) up and GM…
By Robert Herbst of AirlineFinancials.com American Airlines (AMR) recent announcement made one thing very clear. –Sorry St Louis, it’s nothing personal it’s just business!– It doesn’t take a rocket scientist…
Reuters: Obama is trying to push Wall St. reform. Reuters: German aid for Opel will go in part to Russia for operations there. Reuters: A global poll shows support for stimulus packages.…