Boeing’s 33,500 New Planes
Boeing (NYSE: BA) officials say that the world will need 33,500 large aircraft between now and 2030. That is a very precise number given that no one knows what will happen to the world…
Boeing (NYSE: BA) officials say that the world will need 33,500 large aircraft between now and 2030. That is a very precise number given that no one knows what will happen to the world…
Just what does a cratering Baltic Dry Index mean? Frankly, it looks and acts as though it is signaling the next recession is here already rather than signaling that it is coming. That flies…
AMRAMR, parent of American Air, wants to cut 13,000 jobs, lower pay for other workers, void airplane leases and cut creditor obligations. Delta (NYSE: DAL) and US Air (NYSE: LCC) want to buy AMR.…
Airbus delivered more aircraft than Boeing (NYSE: BA) did last year. Delays in delivery of the 787 Dreamliner have cost Boeing sales. Now, it must recover in a period in which high fuel costs and a…
If you took the developments of the last couple of years with the explosion of smartphones, Garmin Ltd. (NASDAQ: GRMN) might have been easy to consider road kill. Yet here we are at the…
Have you been hit or almost been hit by a car driver talking on their cellphone? Thousands of Americans have died as a result of phone-use related accidents. Thousands more have been injured. If…
The recent bankruptcy filing by AMR Corp. (NYSE: AMR), parent of American Airlines, has put a damper on any enthusiasm there might have been among investors for US airlines stocks. A report yesterday from…
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%…
Railroads and trucking companies have, for the most part, seen share prices rise over the past 12 months, while ocean-going shippers have taken a severe beating. Of four railroads, CSX Corp. (NYSE: CSX), Norfolk…
American Airlines parent AMR (NYSE: AMR) has entered Chapter 11 and begun tense talks with its pilots. New carrier United Continental (NYSE: UAL) was granted a certificate from the FAA to begin operations as a fully…
AMR (NYSE: AMR), the parent of American Airlines, has filed Chapter 11. The move has been expected for some time, as the company has struggled with labor costs, jet fuel, and a large debt load. The…
The International Air Transport Association (IATA) reports that air freight volume fell by 4.7% in October, compared with the same month a year ago. Passenger traffic increased by 3.6% in the same period. Part…
Southwest Airlines Co. (NYSE: LUV) is now sometimes considered a discount carrier and sometimes considered a legacy carrier, but it still has among the most loyal customer base and it seems to be the…
Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their guidance for the current quarter, could easily…
These are some of Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Advance Auto Parts. Inc. (NYSE: AAP) cut to Neutral at Credit Suisse. Amazon.com Inc. (NASDAQ: AMZN) added…