Re-Rise in Crude Plays Games With Airlines (AMR, LCC, UAL, LUV, FAA)
Crude oil is already the most volatile of all economic factors for airlines and their earnings. Last week we saw oil drop from $110 to under $100 in very short order and…
Crude oil is already the most volatile of all economic factors for airlines and their earnings. Last week we saw oil drop from $110 to under $100 in very short order and…
If you still believe that speculators cannot really drive markets up too far in any direction, take a look at the commodities market. The continuous raising of margins in silver has taken…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Apple Inc. (NASDAQ: AAPL) Maintained Outperform at Credit Suisse; maintained Buy…
Just as passenger and freight traffic have begun to improve for the world’s airlines, rising crude oil prices have thrown a monkey wrench into the airlines’ hopes of profitability in 2011. The…
If there is one industry which reacts immediately to higher oil prices and to global unrest, it is the airline sector. These are technically not new risks but these two issues are…
The month of December was not so hot for international air carriers. According to the International Air Transport Association (IATA), air traffic demand growth fell by -2.3% month-over-month, from 8.2% growth in…
AirlineFinancials.com estimates the eight largest US airlines, starting this week, will collectively report $3.95 billion in profits from $122.2 billion in revenues for 2010. The average net profit margin is projected at…
The $700 million acquisition of ITA Software by Google Inc. (NASDAQ: GOOG) has been opposed by other travel sites practically from the moment it was announced in July 2010. Now, Bloomberg is…
The year just passed has been a good one for US air carriers. For the first time in several years, virtually every carrier earned a profit and airline stocks posted gains ranging…
The Organization for Economic Co-operation and Development, the OECD, which includes the US, the European Union, and several other developed countries, has reached an agreement on how airlines will be able to…
Business travelers are returning to the world’s airlines, and coupled with this boost in passengers is continued growth in cargo revenues. As a result, the International Air Transport Association (IATA) has raised…
How much are US air travelers willing to put up with from the airlines? The short answer is probably, “A lot,” because, after all, we don’t have a lot of choices. Business…
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 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…
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),…