Airline Mergers Don’t Work (DAL)(UAUA))(NWA)
Perhaps the people at Delta (DAL) did not get the memo. The reasons for airline mergers seem to be a bit soft. While there may be come savings in cutting ground crews and reservations…
Perhaps the people at Delta (DAL) did not get the memo. The reasons for airline mergers seem to be a bit soft. While there may be come savings in cutting ground crews and reservations…
The Wall Street Journal has announced that there may be (actually it says "near announcing") some new delays out of Boeing (NYSE: BA) on its 787 Dreamiliner. We first noted that the Boeing suppliers…
The dumb money in the market is betting that one or two mergers will save air carriers like United (UAUA), Delta (DAL), and Northwest (NWA) from high fuel costs and a flagging economy. Since…
After airline stocks took a nearly unprecedented beating during the last few weeks on concerns about higher fuel costs and a falling economy, they rallied like mad yesterday. Some of its may be that…
The end of the year has turned out well for Boeing (BA). British Airways has put in an order for twenty-four 787 Dreamliners. The face value of the order is $4.4 billion, according to…
Union Pacific Corp. (NYSE:UNP) has just lowered earnings guidance for its fourth quarter 2007. It said earnings will be reduced by approximately $0.20 per diluted share. This warning is two-fold: primarily reflects the rapidly…
According to a report in The New York Times, German airline giant Lufthansa will buy 20% of US discount ariline JetBlue (JBLU). JetBlue shares are up almost 14% on the news, trading at $7.12,…
Herb Kelleher, the legendary CEO of Southwest Air (LUV), is retired now. He made his reputation as the best airline executive of the last 25 years by setting up a low cost airline that…
There are numerous articles on the web today discussing how Airbus’ parent EADS may cut its $3 Billion R&D budget. It isn’t the maximization of technology. It isn’t a slowing economy. It’s the weaker…
Delta Air Lines (NYSE:DAL) has canned the notions and the reports on Wall Street and Main Street that it is in merger dicusssions with United Airlines’ parent UAL Corp. (NASDAQ:UAUA). Wall Street has just…
According to several media reports, Delta (DAL) may be considering a merger with United Airlines (UAUA). According to The Wall Street Journal "hedge fund Pardus Capital Management LP, which has stakes in Delta as…
Just when Boeing (BA) was beginning to think it had a leg up on Airbus and its troubled A350 and A380 programs, Emirates, the biggest Arab airline, gave the European company a $31 billion…
UPS Inc. (NYSE:UPS) posted a slight gain in profits although the $1.05 EPS before charges was ahead of the $1.02 estimate. After charges, the transportation and freight giant posted $1.02 EPS. Revenues were up…
Southwest Airlines (NYSE:LUV) is managing to keep its earnings going and expects revenues in the coming quarter to exceed year ago levels. The company posted $0.22 EPS and revenues of $2.59 Billion compared to…
Textainer Group Holdings Limited has filed to come public in the U.S. via an IPO. Textainer has listed that it wants to sell up to $207 million in common stock and lists 9 million…