Boeing Deliveries Rise 32% in First Quarter (BA)
Aircraft maker Boeing Co. (NYSE: BA) reported this morning that it delivered 137 new commercial airliners in the first calendar quarter of the year, a jump of 32% over the 104 commercial aircraft it…
Transportation
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Newest first · Page 43Airlines: An Industy Where Poor Ratings Are Good
AMRThe Airline Quality Report reached its 22nd anniversary when it was issued recently. Its rankings are based on an extremely complex system, but the outcome for 2011Â was easily described: The Airline Quality Rating industry…
Pinnacle Chapter 11
AMRAnother airline has filed Chapter 11. This time it is Pinnacle Airlines (NASDAQ: PNCL), a small U.S. carrier. The firm announced that it will continue to operate. Most airlines use the Chapter 11 process…
No Credit Upgrade For Warren Buffett’s BNSF Rail Outfit (BRK-B)
Berkshire Hathaway Inc. (NYSE: BRK-B) may have been hoping that a review of the credit ratings of its Burlington Northern Santa Fe railroad unit would be given a credit upgrade. That is not the…
Boeing Loses 787 Orders, Gains More 737 Orders (BA, CEA)
Boeing Co. (NYSE: BA) has confirmed that China Eastern Airlines Ltd. (NYSE: CEA) has cancelled its previous order for 24 of Boeing’s 787 Dreamliner aircraft, replacing the order with another for 45 of the…
Analyzing JetBlue Brand Damage From Pilot ‘Incident’ (JBLU)
JetBlue Airways Corporation (NASDAQ: JBLU) is probably going to come out of this crazy pilot scandal OK. That is what shares are indicating with a gain of nearly 2%. In something almost unprecedented, a…
American Airlines May Finally Be Sold
AMRBloomberg reports that US Airways (NYSE: LCC) has approached unsecured creditors of American Airlines parent AMR about buying the airline as its leaves bankruptcy. AMRÂ management says it plans for the carrier to stay independent.…
Emirates Warns On Global Airline Failures
AMRThe International Air Transport Association released figures recently that show it expects profits among its member airlines and air cargo carriers to fall precipitously this year compared to its previous forecasts. That is for the most part, the association says, to rising…
Airline Industry Gives Up on Profits
The International Air Transport Association, the airline industry’s large association, has nearly given up on the chance that the industry will make any money this year. The organization expects that, globally, airlines will make…
Airplane Manufacturers Finally Hit by Compensation Claims
CIA World FactbookThe Indian government claims that Boeing (NYSE: BA) owes it $500 million for the late delivery of planes. The aircraft in question is the Boeing 787 Dreamliner, which was delayed at least five…
Airlines Finally Get Tough on Boeing and Airbus Flaws
Two brand new planes — the Boeing (NYSE: BA) 787 Dreamliner and Airbus super jumbo A380 — have developed cracks. It is an extraordinary piece of news, given the years it took to design, build and test…
In Air France/KLM Results, a Foreshadowing of Airline Trouble
The International Air Transport Association (IATA), the global airline industry association, warned in its annual forecast that the economy could hurt earnings of carriers around the world in 2012, particularly in Europe. The group…
Too Many Pilots Sleepy on the Job
The National Sleep Foundation has just released a research report that says: About one-fourth of train operators (26%) and pilots (23%) admit that sleepiness has affected their job performance at least once a week,…
Gas Prices and the Global Airlines Industry
AMREconomists have begun to voice concerns that the price of gasoline, which is usually high, could damage the U.S. recovery and make the recession in Europe worse. That is probably true. An American who drives…
Boeing’s Record Order with Lion Air — The Rise of Indonesia
Boeing (NYSE: BA) said 33,500 commercial planes will be sold between now and 2030. An affirmation of its forecast was a $22.4 billion deal with Lion Air, the Indonesian carrier. PT Lion Mentari Airlines, as…