Airline Baggage Fees Reach $2.6 Billion
Business school professors and airline analysts will look back on the first three quarters of 2010 and say that the industry finally found a way to make money. Baggage fees for the period hit nearly…
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Newest first · Page 48Airlines Are Getting Better (DAL, LUV, UAL, AMR, ALK, JBLU, LCC, AAI, SKYW, HA)
How much are US air travelers willing to put up with from the airlines? The short answer is probably, “A lot,” because, after all, we don’t have a lot of choices. Business travelers are…
Teekay Offshore Raising Vessel Acquisition Money (TOO, TK)
Teekay Offshore Partners LP (NYSE: TOO) is the latest among many companies seeking to raise capital. The company has announced plans to sell some 5.6 million public units in a secondary offering on top…
Air Travelers Don’t Care About Extra Security
Most American who will pass through airports this weekend don’t care if they are closely examined, screened, or even touched. Perhaps the bomb scare on a Detroit bound plane last year has caused this…
Airport Security Screening – TSA’s Dog and Pony Show
By Robert Herbst Since the 2001 terrorist attacks, over seven billion passengers have gone through US airport security and not a single terrorist has been caught! For clarification, I am not a “security expert”;…
Rail Dividends Trending Higher, 2011 Outlook (UNP, GSH, NSC, CSX, CNI, CP, BRK-A, BRK-B)
It turns out that Warren Buffett was right about railroads. They are part of a country’s fabric, and their place as a relatively low-cost shipper is well-fixed in a country’s infrastructure. Now that view…
Chinese Aircraft Maker Gets First Orders (BA, EADSY, GE, AIRYY, ZNH, CEA, BDRBF, ERJ)
It’s probably too early to declare that there’s a new sheriff in town, but it’s not too early to keep an eye on a new Chinese aircraft maker. Commercial Aircraft Corp. of China, known…
Boeing 787 Hits Another Snag, Dreamliner’s Timeline of Pain (BA)
Boeing Co. (NYSE: BA) keeps having problems with its upcoming 787 Dreamliner. The freshest news out is that a 787 Dreamliner caught fire on a test flight and was forced to make an emergency…
Airline Traffic Gains in October, Trends to Watch (UAL, LCC, AMR, LUV, DAL, FAA)
When US airlines reported third quarter earnings last month, the results were impressive and their share prices received a nice boost. The good news mostly continues to roll in, as the carriers have now…
Qantas Keeps Planes Grounded, Rolls Royce Shudders
Qantas will continue to ground its fleet of A380 super-jumbo jets. The decision will keep the aircraft out of the air for at least 72 hours. Leaks have been found in three more Rolls…
Boeing CEO Likely Under Pressure As Dreamliner Delayed Again
Aviation Week says that deliveries of the 787 Dreamliner will be delayed again which should put more pressure on CEO W. James McNerney, Jr. to resign. He joined the company on July 1, 2005. That is…
FedEx Capitalizing On Growth Trends In India (FDX, UPS, PIN, EPI, INFY)
CIA World FactbookIn its first fiscal quarter of 2011, ending June 30, 2010, India posted GDP growth of 8.8%, the country’s highest growth rate in 3 years. Manufacturing grew a whopping 12.4%, compared with…
New Airline Security Rules: Govt or Industry to Pay? (DAL, LCC, AMR, UAL, LUV, JBLU, FDX, UPS)
The airline industry has recovered solidly from a string of losing quarters, but it now faces another issue brought on by the discovery last week of an explosive device in an air-cargo shipment originating…
Boeing, Airlines Flying High on Earnings (BA, DAL, LCC, AMR, LUV, UAL, JBLU, FAA)
Today’s earnings reports from Boeing Co. (NYSE: BA) and three airlines have put a little jet fuel into the market. Delta Air Lines, Inc. (NYSE: DAL), US Airways Group, Inc. (NYSE: LCC), and AMR…
Airlines Will Have Record Profits For The Third Quarter
AirlineFinancials.com estimates the nine largest US airlines, starting next week, will collectively report $2.4 billion in profits from $33.3 billion in revenues. The average net profit margin is 7.2%. Assuming these projections are somewhat…