Today marks the game-changing merger of Continental and United and the two are one as United Continental Holdings Inc. (NYSE: UAL). America’s new #1 airline will have a long integration ahead of itself. Our…
An industry that goes through a series of mergers usually has several losers, and suppliers are almost always among them. Northwest has merged with Delta (NYSE: DAL) and United with Continental (NYSE: DAL). Word…
The Southwest (NYSE: LUV) plan to buy AirTran (NYSE: AAI) for a 60% premium has pushed up the stock prices of all the small carriers. JetBlue (NASDAQ: JBLU) was up less than 6% at…
Airlines will make mammoth profits this year. The International Air Transport Association (IATA) revised its forecasts for the global industry higher–to $8.9 billion. In June, its forecast was only $2.5 billion. The turnaround in…
By Robert Herbst One of the most frequent questions I get asked during interviews is: “Why is the airline industry doing so poorly?” There can be a long list of answers to that question…
Customer satisfaction among travelers who fly on low-cost carriers is substantially higher than for people who use traditional airlines. JetBlue (NASDAQ: JBLU) tops a recent evaluation of service among carriers and US Airways (NYSE:…
By Robert Herbst Coming next month AirlineFinancials.com estimates US Airways (LCC) will report an all time record 3rd quarter profit of $225 million from $3.2 billion in projected operating revenue. This record high profit and near record…
DryShips Inc. (NASDAQ: DRYS) is facing a down day and a down transportation sector. The company disclosed that it has obtained another credit waiver on its $230 million loan due December 1, 2010, but…
Airlines that used to offer free baggage service and food now charge for those services along with almost everything else a passenger would want. Soon there will be a toll to go to in-flight…
The dramatic increase in China’s trade balance in July could indicate a number of possibilities. One is that the country’s currency is more fairly priced. That’s barely true. Another is that Chinese consumers are…
For the 2nd quarter 2010, the nine largest airlines collectively reported $1.86 billion in net profits on $31.7 billion in revenues (net profits exclude $713 million for special items). The Q2 revenue was the…
Average domestic air fares in the first quarter of 2010 increased to their second highest level since 2001, rising 4.7 % from the first quarter of 2009, the U.S. Department of Transportation’s Bureau of…
To mark the beginning of the world’s largest air show at Farnborough, Boeing Co. (NYSE: BA) has announced two large orders. Dubai’s Emirates Airlines plans to buy 30 plans Boeing 777 long-range jets and…
Starting with Monday’s 2nd quarter earnings release by Delta (NYSE: DAL) and ending on July 29thwith Southwest (NYSE: LUV),AirlineFinancials.com estimates the nine largest US airlines will report an accumulated $1.77 billion in net profitson…
Continental Airlines, Inc. (NYSE: CAL) may still be trying to score on its UAL Corporation (NASDAQ: UAUA) merger, but earnings season features almost every major airline next week. The news out of the earnings…