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),…
Online travel sites have been on fire and a trend of airline consolidation mergers has been very good to the travel and leisure sector in transportation. But what happens when United States…
These are some of this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes: Allstate Corporation (NYSE: ALL) Raised to Overweight at JPMorgan. AOL Inc. (NYSE: AOL) Cut…
This weekend’s edition of The Unusual Suspects is different. While some earnings focus is made, there are several key events coming up that investors and traders alike will want to watch. Don’t…
Today marks the game-changing merger of Continental and United and the two are one as United Continental Holdings Inc. (NYSE: UAL). America’s new #1 airline will have a long integration ahead of…
Updated throughout the day. The Carlyle Group is trying to sell United Components and hired Goldman Sachs to help find a buyer for the auto-parts firm. (Bloomberg) Prosecutors may be looking into…
AMR Corp. (NYSE:AMR) and unions representing pilots, flight attendants and maintenance workers at its American Airlines subsidiary are locked in labor negotiations that are growing increasingly contentious. Shareholders should be extremely worried.…
