Transportation

What to Expect From United Continental Earnings

United Continental Holdings Inc. (NYSE: UAL) is scheduled to release its second-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters are $3.06 in earnings ...
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Deutsche Bank Very Cautious on Airlines: Just 4 to Buy Now

Even though we are right in the middle of the busy summer travel and vacation season, there are mounting reasons why the airlines need to be viewed with caution. The ...
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139 NYC Taxi Medallions Available in Bankruptcy Auction

Five years ago a licensed taxi medallion to operate a cab in New York City sold for $1.3 million. Later this month 139 of the medallions will be auctioned, likely ...
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General Electric Announces Venture to Manage Drone Traffic

General Electric Co. (NYSE: GE) announced Thursday morning that it has created a new company called AiRXOS to provide management and control services for unmanned aircraft vehicle (UAV, aka drone) ...
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Airline Fuel Prices Expected to Surge to $188 Billion This Year

Higher oil prices will mute airline margins this year, as global fuel costs are expected to total $188 billion. After years of the benefits of low oil prices, carriers will ...
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United Airlines Battles With Kitchen Workers Over Union Representation

Unlike its competitors, United Continental Holdings Inc. (NYSE: UAL) employs many of its own kitchen staff to prepare in-flight meals. The company operates five kitchens in the United States that ...
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In New Airline Survey, Alaska Air Ranks First While United Is Last

Widely regarded research firm J.D. Power has released its 2018 North America Airline Satisfaction Study. Overall customer satisfaction grew again. Among the traditional carriers rated, Alaska Air Group Inc. (NYSE: ...
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As United Names New Chair, a Reminder Why CEO Was Passed Over

United Continental Holdings Inc. (NYSE: UAL) has named Jane Garvey as its board chair. She is a former head of the FAA and a United board member since 2009. CEO ...
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GE to Receive $11 Billion for Its Transportation Business

General Electric Co. (NYSE: GE) announced Monday morning that Westinghouse Air Brake Technologies Corp.(NYSE: WAB), also known as Wabtec, has agreed to combine with GE's Transportation division in a deal ...
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Electric Buses to Fuel EV Boom

Last July, Bloomberg New Energy Finance (BNEF) released a long-term forecast for electric vehicles (EVs) projecting sales of light-duty vehicles (passenger cars, pickups and SUVs/crossovers) to rise from around 1% ...
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Airline Profits Rose Nearly 11% in 2017, Baggage Fees Up 45%

The 23 U.S. airlines with scheduled passenger service reported after-tax net income of $15.5 billion in 2017, up 10.7% from $14.4 billion in 2016. That marks the fifth consecutive year ...
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If Sprint-T-Mobile Merger Is Approved, These 2 Companies May Be Acquired Next

For those who have watched the movie Groundhog's Day, the on-again, off-again potential marriage of Sprint Inc. (NYSE: S) and T-Mobile US Inc. (NASDAQ: TMUS) is once more in full ...
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Americans’ Satisfaction With Air Travel Falls

U.S. airlines have what can only be called a mixed relationship with their customers. On one hand, more and more people fly every year. On the other hand, flying does ...
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United Airlines Earnings Overcome Higher Fuel Costs

United Continental Holdings Inc. (NYSE: UAL) reported first-quarter 2018 results after markets closed Tuesday afternoon. The airline reported adjusted diluted quarterly earnings per share (EPS) of $0.52 on revenues of ...
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How Self-Driving Trucks Will Take Over Truck Driving Jobs

In a report last year, analysts at Goldman Sachs Economics Research said that as many as 3.1 million U.S. truck driving jobs (all sizes, not just big rigs) are at ...
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