Eos was an extremely odd duck of an airline. It flew only one route, from New York’s JFK to London. It was an all business class affair, but, with a recession in…
AMR (AMR), parent of American Airlines, is in talks with US Air about a merger. Based on balance sheet and stock price performance AMR needs a partner more than most of the…
According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country. Reuters reports that Honda’s net fell and that the company said…
Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s…
Delta Air Lines Inc (DAL) Fuel costs, faltering earnings. Drops to $6.70 from 52-week high of $21.85. AMR (AMR) Another airline. Sells off to $7.05 from 52-week high of $29.47. US Airways…
Southwest Airlines Co. (NYSE: LUV) may be one of the few remaining profitable airlines. The company posted earnings this morning with a $34 million profit, or $0.05 EPS, and $0.06 EPS before…
Investors should hope that airlines will do what they can to keep business. Northwest Airlines (NYSE: NWA) seems to want to do the opposite. I tried to get a ticket for my…
Who would have imagined that the Delta (NYSE: DAL) merger with Northwest (NYSE: NWA), which was announced yesterday, could be scuttled by a merger of Continental (NYSE: CAL) and United (NASDAQ: UAUA)?…
According to Reuters, Northwest (NWA) and Delta (DAL) will merge to create the world’s largest airline. Reuters writes that the profit at Bear Stearns (BSC) fell 79%. Reuters reports that Continental (CAL)…
The revived merger between Delta (DAL) and Northwest (NWA) is based on the premise that, in a airline industry depression, two carriers mashed together work better than if they remained independent. It…
Douglas A. McIntyre According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash. Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA) could…
The on-again, off-again merger between Northwest (NYSE: NWA) merger with Delta (NYSE: DAL) appears ready to go through. The deal could be hurt by the fact that the pilots have not signed…
Douglas A. McIntyre Frontier (NASDAQ: FRNT) filed for Chapter 11 joining ATA and Aloha Air. According to MarketWatch "The airline said the decision was taken after its principal credit-card processor unexpectedly said it would start…
According to Reuters, Bernanke says that the current financial system can be fixed. Reuters writes that Google (GOOG) is using Frank Quattrone as its investment bank advisor. Reuters reports that banks involved…
Oasis Airlines in Hong Kong is shutting down. According to MarketWatch "Oasis Chief Executive Stephen Miller told a news conference all flights were being canceled immediately." Oasis gets to join a growing…