EADS, parent of Airbus, said it will delay the launch of its A350 aircraft. The news echos the many setbacks of the commercial release of the Boeing (NYSE: BA) 787 Dreamliner. These two events…
AMRComments as noted: Â Net profit/loss UAL = Â Â Â $773M DAL = Â Â Â $765M ALK = Â Â Â $131M LUV = Â Â Â $122M LCC = Â Â Â $ 95M JBLU = Â Â $ 38M AMR = -($162M) While most of the carriers have…
Transportation stocks get a lot more attention as economic bellwethers than they do as market participants. Railroads, ships, and trucks are not particularly glamorous, and the industries are so entrenched that they most resemble…
For all its struggles with new airplanes, Boeing Co. (NYSE: BA) put up some pretty big numbers for the third quarter. The company’s EPS of $1.46, sharply above the consensus estimate of $1.12. Revenue…
The airlines industry is in a very bad way, unless you are a Wall Street analyst making upside predictions for a sector that Warren Buffett hates. High fuel costs and fewer passengers are simply…
The Boeing Co.Boeing Co. (NYSE: BA) announced yesterday that an order for 24 of the company’s new 787 Dreamliners was cancelled by China Eastern Airlines Corp. (NYSE: CEA). A company spokesman also said that…
AMRAMR Corporation (NYSE: AMR) was halted, but not for ‘News Pending’ as you often see. This morning’s halt was after a single circuit-breaker was triggered. No news has been issued by the company. There…
Each year, Business Travel News publishes its Annual Airline Survey, ranking the five largest domestic airlines in the U.S. The results are based on a poll of 406 travel managers and buyers who spend…
AMRAMR Corporation (NYSE: AMR) may have been the victim of some aggressive reporting that turned into rumors of an impending bankruptcy filing. The company tried to refute this notion yesterday, but its own verbage…
The International Air Transport Association (IATA) paints a bleak outlook for passenger and freight carriers as economic worries intensify. And the impact of that weak forecast is beginning to take its toll on airlines…
Boeing (NYSE: BA) and Airbus may have upgraded their estimates for future orders. Many large airlines may be marginally more profitable this year than they were last. But the world’s largest airline association does…
Stamps.com Inc. (NASDAQ: STMP) is not just up in the double-digit percentage gains today. The company hit a 52-week high. Actually, this is a high going back to 2006. The company is an obvious…
Orders for new airplanes have been coming relatively thick and fast since June’s Paris Air Show. The two major manufacturers, Boeing Co. (NYSE: BA) and European Aeronautic Defense & Space Co. (OTC: EADSY), are…
Just a few months before Air India merged with Indian Air in early 2007, each carrier placed significant orders with Boeing Co. (NYSE: BA) and Airbus maker European Aeronautic Defense & Space Co. (OTC:…
The market for commercial airplanes in China is set to explode. At least that’s the prediction from a senior official at Boeing Co. (NYSE: BA), who has predicted that over the next 20 years…