There are two opportunities for companies in the airline business to improve their prospects in troubled times. The first is bankruptcy and the other is M&A. US Air (LCC) and United (UAUA) have decided…
The deal between American Airlines and JetBlue brings both of them unexpected financial advantages that help shareholder value
Bob Herbst of Airlinefinancials.com exclusive special to 24/7 Wall St. Winners are: #1. American (AMR)Â and #2. JetBlue (JBLU) Losers are: Delta (DAL)Â and US Airways (LCC)Â with notable mention to Continental (CAL)
By Robert Herbst For 2009, the nine largest airlines accumulated just over $4 billion in net losses. 2008 wasn’t much better with a $3.5 billion loss. So far, 2010 projections show a $2.7 billion net profit…
By Robert Herbst, Airlinefinancials.com  Last year, Delta (DAL), American (AMR), United (UAUA), and US Airways (LCC) collectively operated 85 billion less domestic seat miles than they did 6 years ago. This was on…
One of the top three international airline carriers, Deutsche Lufthansa, just announced a four-day strike. British Airways appears set to announce the results of a strike ballot in early March and other European unions are…
By Paul Ausick of 24/7 Wall St. United Airlines (UAUA) today reported a fourth-quarter loss of $176 million, EPS -$1.05, compared with average estimates of an EPS of -$1.47. The reported loss excludes gains…
JAL finally gave up the ghost after months of negotiation with creditors and large banks. The Japanese government gave the airline access to a modest credit facility. That was not nearly enough. The bankruptcy…
JAL is not only the flagship carrier for Japan; it is one of the largest airlines in the world. JAL ranks among the top ten in the industry both in passengers and revenue. JAL…
Mesa Air Group Inc. (NASDAQ: MESA) has been a trouble airline and a troubled stock for quite some time. That is taking a turn for the worse for common shareholders this morning. Mesa has…
By Douglas A. McIntyre Shares in JAL, the flagship carrier of Japan, rose by over 30% Monday as the Development Bank of Japan, which is backed by the government, said it would increase its…
Memo to airline CEOs: Gerald Arpey, AMR (NYSE:AMR); Richard Anderson, Delta (NYSE:DAL) & Larry Kellner, Continental (NYSE:CAL). Subject: Vigilante Row Seating Now that Homeland Security Secretary Janet Napolitano has made it clear that the best…
By Douglas A. McIntyre A number of media, including the Nikkei business daily, are reporting that the Japanese government is considering taking its huge flagship carrier JAL into bankruptcy. The news follows recent proposals…
Boeing (NYSE:BA) has had more than its share of troubles over the last two years with delays in the launch of its Dreamliner, labor problems, and disappointing earnings. The clouds around the aircraft manufacturer…
Lower oil prices and a resurgent economy should help the airlines post improved results in 2010, but that expectation is hardly true. The industry lost $11 billion in 2010. The International Air Transport Association…