Transportation

Why FedEx Failed to Deliver in Q1

When FedEx Corp. (NYSE: FDX) reported its fiscal first-quarter financial results after the markets closed on Monday, the company posted $3.46 in earnings per share (EPS) and $17.1 billion in ...
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What to Watch For in FedEx’s Q1 Report

FedEx Corp. (NYSE: FDX) is set to release its quarterly results after the markets close on Monday. Thomson Reuters consensus estimates are calling for $3.82 in earnings per share (EPS) ...
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Fuel Prices Threaten Airline Travel as American Cuts Flights

Oil prices dropped toward $40 a barrel in early 2016 and remained below $60 until early this year. Recently, however, they have surged above $70, and with them, gasoline and ...
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Mesa Air Announces Potential Pricing for IPO

Mesa Air Group has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 10.7 ...
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Jetblue Has a Bit of a Rough Landing in Q2

When JetBlue Airways Corp. (NASDAQ: JBLU) reported its most recent quarterly results before the markets opened on Tuesday, the airline posted $0.38 in earnings per share (EPS) and $1.93 billion ...
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Why United Continental Earnings Are Taking Off

When United Continental Holdings Inc. (NYSE: UAL) reported its most recent quarterly results after the markets closed on Tuesday, the airline operator said that it had $3.23 in earnings per ...
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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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