eHi Car Services Files for IPO
eHi Car Services has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
Transportation
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Newest first · Page 34Why PEOPLExpress Closed
In an era in which almost all U.S. airlines flourish, it looks like a new one, PEOPLExpress, could not make it.
Could Canada Be the Next Growth Market for Southwest Airlines?
You might not be flying Southwest Airlines to Paris or Hong Kong any time soon, but flying into Toronto could be in the works.
Why Credit Suisse Sees Clear Skies Ahead for Airlines
Now that airlines have consolidated into a few key carriers, and now that they get to dictate prices, fees and whatever other conditions they want, airlines are major profit centers.
Frontier’s $15 Fares and Airline Profits
With Frontier Airlines' temporary $14.99 fares, the temptation to harm margins has returned to the business.
Dubai Airports to Spend $32 Billion on Expansion
A press release noted that passenger traffic is currently expected to reach almost 100 million at Dubai International airport by the end of 2020.
Frontline Tankers May Restructure
Thursday morning Frontline, John Fredriksen's tanker company, reported a net loss of $0.81 per share.
Southwest Posts Worst On-Time Arrival Record
Wikimedia Commons (Stuart Seeger)According to statistics from the U.S. Department of Transportation’s Air Travel Consumer Report, Southwest Airlines (NYSE: LUV) posted the worst record among major airlines for on-time arrivals in June at 66.8%. Hawaiian Airlines…
United Is America’s Worst Airline
United Continental Holdings Inc.U.S. airlines are among the lowest-rated industries in the country when it comes to customer satisfaction. According a survey completed earlier this year by the American Customer Satisfaction Index (ACSI), only…
J.P. Morgan’s Huge Upward Revisions on Airline Price Targets
ThinkstockThe airline passenger is the perfect captive audience. If you want to travel somewhere, and the airline that serves you and your area has a multitude of extra costs, like charging for luggage, you…
Richard Branson Strikes Again: Virgin America Files for IPO
SEC FilingRichard Branson is coming to America yet again. Branson’s Virgin Group Ltd. has filed its paperwork with the U.S. Securities and Exchange Commission (SEC) for its Virgin America Inc. to come public via…
Israel Flight Bans Not Likely to Hurt U.S. Airline Earnings
ThinkstockA Federal Aviation Administration flight ban of U.S. air carriers into Tel Aviv, Israel, may seem as though it is important geopolitical news, but the move may have a very limited impact on overall…
United Continental Gives Airlines a Lift
United Continental offered a lift to airline stocks on Thursday after announcing late Wednesday that its passenger revenue per available seat mile increased more than expected.
Very Mixed Analyst Bag on Shipping and Tankers
ThinkstockCanaccord Genuity has issued a very mixed report on the tanker and shipping companies that move energy products around the globe. 24/7 Wall St. gave the coverage of these and compared them to the…
Delta Air Lines Sinks on Cuts to Venezuelan Service
courtesy of Delta Air LinesDelta Air Lines (NYSE: DAL) said on Monday that it is cutting service to Venezuela from one flight per day between Atlanta and Caracas to one flight per week. American…