Pilots Wreck Delta (DAL) Merger With NWA (NWA), Again
The fight over pilot seniority at Delta (DAL) and NWA (NWA) has threatened to kill a merger again. A strike by pilots would do substantial damage to the finances of a new company. Maybe…
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Newest first · Page 62CSX Rides The Reading Railroad (CSX)
CSX Corp. (NYSE: CSX) has made several announcements this morning for shareholder initiatives. The railroad giant sees first quarter 2008 EPS at $0.74 to $0.77 EPS and put full-year EPS at $3.40 to $3.60…
Cutting Maintenance Doesn’t Help Southwest Shareholders (LUV)
Southwest Air (NYSE: LUV) responded today to preliminary findings of its internal investigation over safety allegations. It looks like the allegations over safety and inspection incidents had some meat to them. The airline is…
In The Shadow Of Bankruptcy, Airlines Focus On Mergers (NWA)(AMR)(DAL)
The airline industry has periods when more big carriers seem to be in Chapter 11 than not. Another such period may not be that far off. Right now, the news about the industry centers…
Delta (DAL) And Northwest (NWA) Pilots Talk Again
Late word is that Delta (NYSE: DAL) and Northwest (NYSE: NWA) pilots have re-started talks about seniority in a combined airline. Failure of negotiations helped kill earlier merger talks between the airlines. According to…
The Airlines Are Flown By Pilots (NWA)(DAL)
The captain of a commercial airline is in charge, no matter what. If things don’t work out, the blame often falls to him. Airline pilots have taken that principle all the way to controlling…
JB Hunt Transport Chairman Unloads Shares (JBHT)
Earl Wayne Garrison, Chairman of J B Hunt Transport Services, Inc. (NASADAQ: JBHT), just disclosed in an SEC filing that he made a sale of common stock in the company. It wasn’t a small…
Boeing (BA) May Lose Japan Airlines Business
Japan Airlines management is so upset about delays in the Boeing (NYSE: BA) 787 that it may turn to Airbus for planes. According to Reuters "JAL, which had planned to buy 55 787 planes,…
Airline Pilots Go After Northwest (NWA) Merger With Delta (DAL)
The pilots fly the planes and it looks like they also set the course for big airline mergers as well. A combination of Northwest Airlines (NYSE: NWA) and Delta (NYSE: DAL) is being held…
The Idiocy Behind Airline Mergers (CAL)(NWA)(UAUA)(DAL)(AMR)
Depending on which rumor is true, Delta (NYSE: DAL) may merge with Northwest (NYSE: NWA), or United (NASDAQ: UAUA). The math behind airline mergers doesn’t add up, and the fact that the two most…
Priceline.com Earnings Keep Flying (PCLN)
Priceline.com Inc. (NASDAQ: PCLN) just posted non-GAAP EPS of $0.96 EPS on $334.9 million in revenues, while the estimates from First Call for the online travel company were $0.84 EPS on $329.3 million in…
Priceline.com Braced For Earnings (PCLN)
This afternoon after the market closes, we’ll get to see earnings out of Priceline.com Inc. (NASDAQ: PCLN). The estimates from First Call for the online travel company are $0.84 EPS on $329.3 million in…
Delta (DAL) And Northwest (NWA) Get Urge To Marry
Northwest (NYSE: NWA) and Delta (NYSE: DAL) are getting very close to announcing a merger. According to the FT "the airlines may clinch the landmark accord as early as mid-February, the people said, though…
Fuel Hedges Aren’t Helping Southwest Shares (LUV, AMR, CAL, AAI, JBLU)
Southwest Airlines Co. (NYSE: LUV) has not been doing well as a stock. Over the last two years its stock has lost nearly one-third of its value. Even over the last 5-year period, its…
Qantas Wants Money Back From Boeing (BA)
Late delivery of the Dreamliner is catching up with Boeing (BA). According to the FT "Qantas’s contractual arrangements with Boeing provided for the ability to claim damages in certain circumstances." Geoff Dixon, Qantas chief…