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.…
The Dow Jones Transportation Average has risen just 7.7% in the past five years, and barely 3% in the past 12 months. Not exciting, that’s for sure, except for the ride to…
Stocks opened higher this morning and have mostly remained in positive territory throughout the day. Reports that China was considering lowering its banks’ capital reserve requirements boosted both Asian and European markets…
Southwest Airlines Co. (NYSE: LUV) may have an ace up its sleeve for future guidance. The airline’s new interior plane design will boost the average number of seats on each plane. If…
Jon C. Ogg Boeing Co. (NYSE: BA) took orders for 805 new airplanes in 2011. Its main competitor, European Aeronautic Defence and Space Company (OTC: EADSY), makers of the Airbus, took new orders for 1,419…
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…
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…
Southwest Airlines Co. (NYSE: LUV) has placed the first firm order for 150 new airplanes from Boeing Co. (NYSE: BA). The airlines has ordered 150 of Boeing’s latest model of the venerable…
Bain & Company topped the 2012 version of the “Glassdoor Top 50 Places To Work.” McKinsey, MITRE, and Shalom Consulting were all among the top 10. Tech leaders were also near the…
The recent bankruptcy filing by AMR Corp. (NYSE: AMR), parent of American Airlines, has put a damper on any enthusiasm there might have been among investors for US airlines stocks. A report…
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
Cost increases and flat cargo traffic are expected to cut airline profits in half in 2012, from $6.9 billion in 2011 to $3.5 billion in 2012. Profit margin is expected to fall…
Southwest Airlines Co. (NYSE: LUV) was recently called a grossly oversold stock by us as a turnaround stock price where the fundamentals of the business were not going in the same direction…
Jon C. Ogg This morning’s announcement by AMR Corp. (NYSE: AMR), parent of American Airlines, that it had filed for Chapter 11 bankruptcy protection appears to have pushed up the shares of competing US carriers.…
The news flow around the AMR Corporation (NYSE: AMR) filing for bankruptcy is rampant. Some say it was expected and others believe it was premature. The aim to work its cost structure,…
