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…
American Airlines parent AMR (NYSE: AMR) has entered Chapter 11 and begun tense talks with its pilots. New carrier United Continental (NYSE: UAL) was granted a certificate from the FAA to begin operations as…
Blackstone (NYSE: BX) and Bain may bid for Yahoo! (NASDAQ: YHOO) along with Asian partners Alibaba and Yahoo! Japan. (Reuters) China’s PMI contracts for the first time in three years. (Reuters) The…
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,…
Southwest Airlines Co. (NYSE: LUV) is now sometimes considered a discount carrier and sometimes considered a legacy carrier, but it still has among the most loyal customer base and it seems to…
AMRComments as noted: Net profit/loss UAL = $773M DAL = $765M ALK = $131M LUV = $122M LCC = $ 95M JBLU = $ 38M AMR = -($162M) While most of the…
For all its struggles with new airplanes, Boeing Co. (NYSE: BA) put up some pretty big numbers for the third quarter. The company’s EPS of $1.46, sharply above the consensus estimate of…
The airlines industry is in a very bad way, unless you are a Wall Street analyst making upside predictions for a sector that Warren Buffett hates. High fuel costs and fewer passengers…
Each year, Business Travel News publishes its Annual Airline Survey, ranking the five largest domestic airlines in the U.S. The results are based on a poll of 406 travel managers and buyers…
The International Air Transport Association (IATA) paints a bleak outlook for passenger and freight carriers as economic worries intensify. And the impact of that weak forecast is beginning to take its toll…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alcoa, Inc. (NYSE: AA) Cut to Hold at Deutsche Bank.…
The European Union plans to initiate a plan next year that would force any major airline that flies to a European destination to participate in the European cap-and-trade system designed to limit…
World stocks rise on the hope that the eurozone will address its financial problems. (Reuters) Apple (NASDAQ: AAPL) shares fall because of rumors that iPad production is low. (Reuters) Warren Buffett’s Berkshire…
Jon OggEach morning we review our top analyst upgrades, downgrades, and initiations from Wall Street research notes. We then look back over these at the end of the week to more closely…
