Boeing Co. (NYSE: BA) stopped making its 757 aircraft in 2004. The single-aisle, narrow-body plane can carry up to 193 passengers on flights of up to 3,900 miles. There is no other…
The price for WTI crude oil fell below $83/barrel momentarily today as the market takes another shellacking, down around 200 points just before noon. Both crude and the wider market are making…
If you have been a reader of 24/7 Wall St. for long, you know that we appreciate companies that pay dividends just about as much the investors who buy companies because of…
AMR Corp. (NYSE: AMR), parent of US carrier American Airlines, has reversed a 15-year single-source purchasing program with Boeing Co. (NYSE: BA) and decided to split an order for 460 planes between…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Started as Overweight at JPMorgan. Applied Micro…
West Texas Intermediate Crude is bleeding today now that the IEA has made a coordinated release of 60 million barrels of oil. Half of that will come from the United States 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…
