Southwest Airlines Co. (NYSE: LUV) has announced its first efforts to go cross-border to our closest neighbor to the south. The discount airline carrier intends to build a codeshare partnership with...
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...
AirTran (NYSE AAI) is up 64% on an buyout offer from Southwest (NYSE: LUV)JetBlue (NASDAQ: JBLU) is up 10% in sympathy with AirTranSouthwest Air down 3% on plans to buy AirTran.LDK Solar (NYSE: LDK)...
Southwest Airlines Co. (NYSE: LUV) has disclosed in an SEC Fling that On May 6, 2008 the company entered into a term loan agreement with Citibank and seven European banks named as lenders to...
Akamai Technologies Inc. (NASDAQ: AKAM) rose 7.9% to a yearly high of $25.66 after the software company was upgraded to “outperform” by Oppenheimer & Co. Flow International Corp....
The International Air Transport Association (IATA) today released traffic data for April showing that total passenger demand rose 6.1% year-over-year, with international traffic up 7.4% and domestic...
AMR Corp. (NYSE: AMR) has some pretty disappointing figures, at least until you compare them to analyst expectations.  AMR posted earnings of -$1.39 on a net basis and -$1.14 EPS on a non-GAAP basis...
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...
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 from 1.2% this year to...
Southwest Airlines Co. (NYSE: LUV) may be one of the few remaining profitable airlines.  The company posted earnings this morning with a $34 million profit, or $0.05 EPS, and $0.06 EPS before...
Southwest Airlines Co. (NYSE: LUV) has taken a bit of a blow to its safety reputation after this last weekend.  A few hundred flight cancellations are one thing, but a hole ripping open during...
Oil had a really dismal May, losing roughly 17% and hitting under $87.00 per barrel for WTI Crude on Thursday. While this may not be good for oil barons, the airline industry is getting a virtual...
Here is a recap of the past week’s most important airline stories.